My X5 is finally here...
 

I've been lurking on this forum for months and finally my X5 4.8 is here. It has every option except the comfort seats. However in preparation to receive the car I had the dealer look into lease numbers and they are ridiculous:mad:. Does anybody know whether there will be an adjustment coming soon or will we be reamed with these numbers? Has anyone received official purchase numbers yet? I hate to have to walk away from this X5 as I have waited and waited...

it may take a while for the prices to drop, but when they do, they will drop significantly

someone else on the forum quoted a 3.0 for over $1000 a month! it had about 10 grand of options. my e53has about 8 grand of options and is only 6something a month. its def more worth it to wait.

Lease numbers for 4,8 full opt. E70 in RR HSE territory and that its not good for X5.

My guess is it will come down quickly..as in 1 week quickly. Even the dealers know it's nuts.

the only options now is to buy out the car with cash especially with this kind of rate, that's wut exactly i am going to do, or u can get a RR instead

Cash or loan may be the way to go.

The 2007 x5 will have high resale value so you could go with a 5 year loan.

What was the money factor???

Lease rates ridiculous
 

To give you an idea, the 4.8 I ordered was MSRP 73,050. The dealer gave me 2500 off. We figured for a 36/15k with no cap cost reduction but still somehow requiring about 3k at signing and the best we could get was $1395 per month. I don't recall the exact money factor as we looked at a lot of numbers but I think it was as stated in an earlier thread. The residual was 53%. Impossible numbers to live with to lease this vehicle.

I was given the following on a lease about 2 weeks ago by a factory dealer in the greater NY area (don't shoot the messanger):


Factor for 36, 42 and 48 month leases was .00342

on the 3.0 residuals as follows:
36 Month: 60%
42 Month: 55%
48 Month:50%

on the 4.8 residuals of:
36 Month: 55%
42 Month 50%
48 Month 39%

the excuse on the 4.8 is that the price of gas will make it less desirable in 3-4 years so they are saying it'll be worth the same as the 3.0...

No matter how you work the numbers, it's kind of hard to justify a lease over a purchase with these rates.

Agreed. Especially if one can get that tax credit and depreciation we've discussed. I'm consulting my accountant on Monday as X5 will be ready on Tuesday. I hope it's worth it!