What do you guys think about this deal? I ended up pulling a trigger, but still am very curious to what the community thinks.
2017 BMW X5 35i
MSRP: $66,174
Selling Price: $57,200
Months: 36
Annual Mileage: 12,000
MF: 0.00071
Residual: 57%
Security Deposit: 7 MSD totalling $4,900
Total Due At Signing: $6,187 (incl. $925 Acquisition Fee)
Monthly Payment (incl. tax): $690
Zip Code: 90028
Sales Tax Rate: [8.75%] SoCal
If you are okay paying $690, then whats it matter?
Sure there are better “deals” out there, but if this is the car you want and you are okay with the payment, then just drive it and enjoi.
For the pessimist in me, the 57% will always be rough to get a good “deal” just in that the residual isnt high enough…
Residuals are set and can not be negotiated. So if I wanted a BMW X5 (which I did), I don’t really have a choice when it comes to residuals. I did try to negotiate a good discount off the MSRP though
If you will consider the other listings, maybe you can find the best deal that is lesser than you post here. You may check out here,
YEAR: 2017
MAKE: BMW
MODEL: X5
TRIM: xDrive35i Sports Activity Vehicle
TRANSMISSION: Automatic
BODY STYLE: SUV
SEATS: 5
DRIVETRAIN: All Wheel Drive
MILES PER YEAR: 10,000
PAYMENT: $579
DUE AT SIGNING: $5,098
REBATE: $0
LISTING ID: 201252
MSRP:$58,795
or here,
YEAR: 2017
MAKE: BMW
MODEL: X5
TRIM: sDrive35i
TRANSMISSION: Automatic
BODY STYLE: SUV
SEATS: 5
DRIVETRAIN: Rear Wheel Drive
MILES PER YEAR: 10,000
PAYMENT: $639
DUE AT SIGNING: $4,158
REBATE: $0
LISTING ID: 725967
MSRP: $56,495
In my opinion, the listings have many options, but you must find the best car that you think is cool for you. Good luck to you!
These are two different vehicles you are posting in comparison to Mischa, they differ about 10k in sticker and obviously it’s going to be cheaper, not exactly a better deal. Residuals and money factor remains the same you dictate the price by the build of the car. It’s like saying Poland Spring is a better deal than Evian because it’s cheaper, sure but Evian is not the same water and it’s more expensive.
Solid deal OP, if you want an X5 its hard to do much better. The deals the other guy listed didn’t include tax, were 10k a year, and were cheaper cars as pointed out. Nice work.
You keep posting deals from your “dealer” but none of those are LeaseHackr-worthy deals. They might be decent for the average joe, but any true LHr can easily negotiable a much better deal. All your postings include a very high CCR.
Understood, but my point was with a 57% residual, even if it was .0000000000001 money factor, you would have a larger monthly, mainly due to the 57% without getting BMW down on the price (which you did a pretty good job, its just so hard to get them down, I know, I have been trying to get an M250i for a couple weeks now)
Enjoy the car!
These types of posts are curious to me. If OP wanted help and knew about LH, why not ask this question before signing paperwork?
X5 don’t lease well so you kinda have to bite the bullet if you really want one. There are many $60k cars that can be had for a little over half of your payment but then again that’s not an X5 and if you really want one, you have to pay it.
Ross, I did ask for help. None was received. However, different forum topics helped so I ended up with a deal that other dealers around here won’t touch. So I thought I’ve done OK, just wanted a confirmation. By the way - if you are able to point me into the direction with a better deal for an X5, please do - I have not picked up the car yet.