Originally Posted by BGM

The premium package discount amount is different on the 3.0 vs the 4.8 from my understanding. I'm pretty sure it applies for leasing as well though BMW is staying away from attractive lease offers (hence the .90% financing) on SUVs. You would probably pay the same monthly payment on the .90 as you would on a lease so you might be better off just buying.

Originally Posted by gresch

1) You get $2595 off which is the invoice price of the premium package on 3.0
2) yes, it applies to leases and financing
3) Lease deals right now in the NE are .002 money factor and 56% residual on a 10k mile 3 year lease.
4) right now is a terrible time to BUY an suv, who knows what's going to happen in the next couple of years with gas prices. IMHO leasing is a much better decision.
5) you can expect ~ $5-6k off of MSRP (that includes the premium package discount) if you know what you're doing with the negotiations (up from invoice, not down from msrp) regardless of financing method.

I don't know why you're saying the lease deals aren't attractive, a no money down (except tax/title/reg/fees) lease is in the mid $600's. A no money down finance means you're paying sales tax on the entire vehicle and your monthly payment will be ~ $300-$400 more a month.

But don't ask me, I didn't just lease an '08 last week or anything :)

Originally Posted by BGM

BMW has been getting killed on the residuals on leases that is why they are pushing to buy. And I don't think people who buy BMWs are that concerned with gas prices.

Well if you go on BMWNA and do a 36 month 15K mile/year lease vs. a .90% buy for 60 months on the same ($67K) vehicle with no money down---to finance would be only $90 more a month vs. the lease.

Originally Posted by gresch

But minimally you're paying an additional ~ $28k on the fianance deal for the extra 2 years.

Originally Posted by bchan

I just bought a 08 X5 4., am new to board, and looked closely at the lease vs buy siutation. I got a $65220 for $59300, just a little below inv incl destination. Tech, running boards, IPOD, Nav.... I took the lease over the purchase. (tax on lease 9%, Purchase 6% where i live..I know its crazy).got 36 mos 15k miles BUT MF of .00175 (NOT .002) and 55% residual.I put down 7x security deposits and got monthly to $840.25. I also paid $189 in tag fees and $795 acq fees as upfronts. I am not a former BWMFS client and this is my first BMW. I believe the MF was bought down by the dealership possibly.

For a purchase at .9% on a car over 60 months worth more than $60k+taxes, assuming upfronts paid in advance alsi, then It would be $1050 x 60 months.

Ok, I said is there enough equity generated per month at a rate of approximatly $200/mo, $7200 at 3 yrs and $14,000 at 72 months MINUS whatever the extended warranty would cost for bumper to bumper coverage past 4 yrs ($3k?), MINUS the cost of noncovered maintenencs includigin the 60K service? I figure that would be $14k-3k-2k or $9,000 in equity left over. Is doubtful that the car would be worth more than 14k at the end of 7yrs =residual of 21% in a world where hybrid SUVs wil rule in 2014.

It was then clear that you should NOT pay the extra $200/month as you would put an extra $14k down for aSUV worth far less in 6 yrs. The same holds true at 3 yrs as its is doubtful that the X5 will be worth 55% of MSRP with the hybrids and BMW diesels coming next year

So in end I leased it. Saved $200 month vs buying and will be ready in 3 yrs for a more fuel effecient new SUV.

Brandon