I’ve searched and read and I am no closer to deciding whether it makes sense to lease or buy a 2026 x5 m60i.
The current offers I see are a .00190 and a 52% residual with a 1k lease incentive. This is compared to a .9% on 48 months offer when buying.
I’ve had my current BMW for 3.5 years which I financed. I would plan on keeping the x5 for the same time frame (36 months) and I don’t drive much…5,500 miles a year.
I am able to handle the monthly payment if I purchased and did a 48 month term, but I want to make sure I am making the right decision with these variables. So…how do you decide on leasing vs buying in this case?
Thanks!
P.S. Are these end of year incentives/deals as good as it’s going to be? Should I try to rush and make my purchase before 1/1/26?
I think it’s a personal decision. You get $1,000 more in rebates on a lease, but you pay an acquisition fee and a higher rate vs. financing. With a lease, if anything happens to the car, you fix it, turn it in, and get another car. Who knows how they’ll hold value in 3 years with a new (and maybe controversial) design coming out soon? You don’t drive much, so it’s a toss-up.
The rates are as good as they are going to get though.
Discount of 12% off MSRP + 1k lease incentive, 2k loyalty, and I will also have a 2k corporate discount. They quoted me a MF of .00210 while edmunds lists .00190 MF and 53% RV for my area. This would be for a 39 month lease @ 7,500 miles. Excellent credit.
I am also able to finance, but I wouldn’t want to keep the car for more than 4 years, which is why I’m leaning towards leasing. I typically drive 5,500 miles per year.
Where do I take the deal from here or what else should I consider? Do I ask for the payments with 0 DAS and post here? I am planning to call the dealer tomorrow and would like to wrap this up before 12/31. Thanks!
You can ask if they marked up MF, looks like yes (Edmunds shows correct one 0.0019 for 39/7.5). For me personally 12% looks not bad for 2026, may be you can get a 1-2% more if push really hard, or they gave you 12% in exchange for higher markup, you can ask. May be someone else will add more info, why didn’t you just get a full numbers/quote immediately so you can share/compare with others?
This looks like a solid deal all things considered.
Money factor is marked up by 20 basis points, but given that you’re not working throughout a broker I’d call that offsetting penalties in regard to total cost to complete your purchase. Would be curious to know what their dealer fee is and if there’s any other hidden costs on the backend. The $2,000 loyalty consists of a $1,000 dealer match, so if they’re applying that ON TOP of the 12% then you’re really getting closer 13% dealer discount.
Also, to save you some back and forth – loyalty and corporate fleet do not stack so it does you no justice pursuing that any further as they are the same and loyalty doesn’t require additional steps besides just providing a copy of your current registration (which you’re likely transferring).
I ended up walking away from the deal as they wouldn’t budge on 12% and I was leaning toward buying. I was feeling too much pressure to get something done by 12/31 and feel like I wasn’t making a good decision.
Now that I have more time, I’ll probably work with a broker to save all the back and forth.
Since I’m new to considering leasing, do other similar vehicles lease well or are all options in the 100k price range better to buy in my case? (drive 5.5k per year and plan to keep 42-48 months)
I’d also be open to sedans, just no EVs and looking for something in the 100k price range.
One more question - do 2 year old CPOs on these cars work out well to sell after 2-3 years or should I stick to new?
It depends. The GLE was a good deal in July or thereabouts. But X5 leases haven’t been good since Covid. Their marketing dollars went towards subsidized financing (low APR) once new cars needed incentives again.
