Lease price on new X5

[tp71]

I went today to get pricing on a new X5. A 2011 premium model 10,000 miles p/yr, conv. package, heated front seats. It came out to $2,500 down and $760 p/month. Is this a good or bad deal. What have other people been getting on leases in the NY area. Any recommendations?

[pk9394]

Originally Posted by tp71

I went today to get pricing on a new X5. A 2011 premium model 10,000 miles p/yr, conv. package, heated front seats. It came out to $2,500 down and $760 p/month. Is this a good or bad deal. What have other people been getting on leases in the NY area. Any recommendations?

760 tax included or not? 36 mo? 2500 is out to the door or just down? what is the total MSRP?

[tp71]

Yes,that's $ 760 tax included,36 months, $2500 out the door and $56,325 MSRP. They based the lease a little over $54,000. I've seen that other people on Edmunds have got the price down to a little over $53,000.

[PUZZ]

My opinion is that they are not taking enough off the base price of the car. I would get the invoice pricing of your car and each option (likely a sticky thread here) and work up from invoice pricing. You need to get the capitalized cost as low as possible before you even start discussing down payments. How much of that $2500 is going toward cap cost. What ever that number is makes their deal look that much worse. In other words, if $1,000 is going toward cap cost, they only took $1000 off the car because the other G is coming out of YOUR pocket not theirs.

[daus318]

I think you have some room to work if they're at $760/month. You probably should be closer to $725 with $2,500 down.

I just pulled the trigger on an X5 35d with sport, 20" wheels, heated leather seats, and towing package for $790/month with zero down. It was for 36 months, 10k miles.

[benz715]

Originally Posted by tp71

I went today to get pricing on a new X5. A 2011 premium model 10,000 miles p/yr, conv. package, heated front seats. It came out to $2,500 down and $760 p/month. Is this a good or bad deal. What have other people been getting on leases in the NY area. Any recommendations?

Hey bro,

I see that you are in New York, My girl at the dealership is SICK- I got a 82k X5 5.0 with every option for 925 a month- 36 month 0 down- just taxes upfront. Her name is Nicole Battista at Habberstad BMW- tell her Yusuf sent you and she will take care of you. PM me if you need any other help.

Thanks

[Kloogy]

Originally Posted by benz715

Hey bro,

I see that you are in New York, My girl at the dealership is SICK- I got a 82k X5 5.0 with every option for 925 a month- 36 month 0 down- just taxes upfront. Her name is Nicole Battista at Habberstad BMW- tell her Yusuf sent you and she will take care of you. PM me if you need any other help.

Thanks

That's a really good deal. How much mileage ? I pay over 1k a month for a 35i Sport model loaded with 15k a year in mileage. My sticker was close to 70k

[benz715]

Originally Posted by Kloogy

That's a really good deal. How much mileage ? I pay over 1k a month for a 35i Sport model loaded with 15k a year in mileage. My sticker was close to 70k

I have 10k miles a year

[Kloogy]

Still a great deal on your part.

[xoutpostking]

Originally Posted by benz715

My girl at the dealership is SICK

Did you take her to see the gynecologist?