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-   -   I this a good deal? (http://www.bimmerfest.com/forums/showthread.php?t=642974)

Z-man 08-31-2012 06:10 PM

I this a good deal?
 
I got a 2013 X5 35i Premium. MRSP is 63,645 with 7 security deposits and owner loyality bonus for $750. Paying $1,187 extra including the first month lease payment for a monthly payment of $818.80 for 10,000 miles per year. Is this a good deal?

ard 08-31-2012 06:42 PM

Got, as in past tense?

Why ask?

Z-man 08-31-2012 09:11 PM

No bought yet just ordered.
 
Quote:

Originally Posted by Z-man (Post 7046562)
I got a 2013 X5 35i Premium. MRSP is 63,645 with 7 security deposits and owner loyality bonus for $750. Paying $1,187 extra including the first month lease payment for a monthly payment of $818.80 for 10,000 miles per year. Is this a good deal?

Doing some math I should be about $767 based upon the web site info. Wanted to get someone to confirm that the price was too high.

ard 09-01-2012 09:19 AM

Again, if you've already taken possession, why ask?

Are you going to go back to the dealer and say "You overcharged me"!?!? Dont embarass yourself.

EugeneM 09-01-2012 10:35 AM

Quote:

Originally Posted by Z-man (Post 7046562)
I got a 2013 X5 35i Premium. MRSP is 63,645 with 7 security deposits and owner loyality bonus for $750. Paying $1,187 extra including the first month lease payment for a monthly payment of $818.80 for 10,000 miles per year. Is this a good deal?

This is a bit pointless after you already got the car but it sounds waaay too expensive.

I hope your monthly at least includes all taxes.

Other than that I just ordered mine with more options, 12k miles per year nothing down and no security deposits for $607/mo.

Z-man 09-02-2012 09:14 AM

I have not taken the car. Not deal is finalized
 
My last BWM I bought I was to get help from this board and saved alot of money. Sorry the deal is not finalized.

pa50i 09-02-2012 10:39 AM

7 security deposits?? That's a lot of cash up front. No thanks.

nyranger74 09-02-2012 11:17 AM

That actually sounds like an awful deal.

Marwan 09-02-2012 11:49 AM

Quote:

Originally Posted by Z-man (Post 7046562)
I got a 2013 X5 35i Premium. MRSP is 63,645 with 7 security deposits and owner loyality bonus for $750. Paying $1,187 extra including the first month lease payment for a monthly payment of $818.80 for 10,000 miles per year. Is this a good deal?

What is the invoice price? How much over invoice are you paying?

jammat 09-02-2012 12:07 PM

Quote:

Originally Posted by ard (Post 7046622)
Got, as in past tense?

Why ask?

So what is wrong with asking after the fact? I never understand this criticism, he maybe happy with what he got but he just wants other peoples take on the deal. That's all, not trying to change the world!

fq 09-02-2012 01:07 PM

I am also in the market for one, could you please share your deal. If you are more comfortable sending a PM, that would also work. Thanks!

Quote:

Originally Posted by EugeneM (Post 7047415)
Other than that I just ordered mine with more options, 12k miles per year nothing down and no security deposits for $607/mo.


scheps 09-03-2012 05:28 AM

how long are the leases you guys are talking about? wouldn't a longer lease cost less per month? or is it standardised...?

EugeneM 09-03-2012 06:36 AM

Quote:

Originally Posted by scheps (Post 7050035)
how long are the leases you guys are talking about? wouldn't a longer lease cost less per month? or is it standardised...?

36 mo here and in my experience the shorter leases can be very cheap since the residual remains very high.

Got a G37X for my wife. 18mo 10k per mo. Base was $199/mo and after adding most of the options ended up $250/mo with zero down. That's a $45k or so car...

EugeneM 09-03-2012 06:38 AM

Quote:

Originally Posted by fq (Post 7049034)
I am also in the market for one, could you please share your deal. If you are more comfortable sending a PM, that would also work. Thanks!

Sure, no problem, what do you want to know? PM me if you want.

pa50i 09-03-2012 10:34 AM

Quote:

Originally Posted by EugeneM (Post 7050096)
36 mo here and in my experience the shorter leases can be very cheap since the residual remains very high.

Got a G37X for my wife. 18mo 10k per mo. Base was $199/mo and after adding most of the options ended up $250/mo with zero down. That's a $45k or so car...

So she didn't test drive the 335i before getting the Infiniti, huh?

:)

EugeneM 09-03-2012 10:45 AM

Quote:

Originally Posted by pa50i (Post 7050464)
So she didn't test drive the 335i before getting the Infiniti, huh?

:)

She did not... I could not resist the price. It's an 18mo lease so we'll be looking for something new soon enough.

I gotta say that for the price, the Infiniti is buggy as hell. Bluetooth works but I can barely hear my wife, iPod integration is the worst I have seen. 12-15mpg it gets on a good day a LOT for a car of that size.

On a good note, it is fast and has plenty of horsepower. The motor has a great deep sound to it which I like. Still, I am glad I drive bimmers.

fq 09-03-2012 11:24 PM

That's an unbelievable deal. Probably even better than last year's Z4 and 750 hybrid deals.

Quote:

Originally Posted by EugeneM (Post 7050096)

Got a G37X for my wife. 18mo 10k per mo. Base was $199/mo and after adding most of the options ended up $250/mo with zero down. That's a $45k or so car...


scheps 09-04-2012 04:18 AM

Quote:

Originally Posted by EugeneM (Post 7050096)
36 mo here and in my experience the shorter leases can be very cheap since the residual remains very high.

Got a G37X for my wife. 18mo 10k per mo. Base was $199/mo and after adding most of the options ended up $250/mo with zero down. That's a $45k or so car...

What do you mean by residual is very high? can you not just give the car back at the end of the lease? that sounds like an exceptional deal! How did you get them to do a <24 month lease?

EugeneM 09-04-2012 05:07 AM

Quote:

Originally Posted by scheps (Post 7051782)
What do you mean by residual is very high? can you not just give the car back at the end of the lease? that sounds like an exceptional deal! How did you get them to do a <24 month lease?

Of course the car goes back at the end of the lease, that's the point of it.

When leasing you are financing the difference between whatever price you negotiate and the residual value of the car at the end of the lease.

As for the 18 month lease, they are/were offering 18 month leases so I went for it.

EugeneM 09-04-2012 05:09 AM

Quote:

Originally Posted by fq (Post 7051651)
That's an unbelievable deal. Probably even better than last year's Z4 and 750 hybrid deals.

I wish it was for a 335 or even a 328 :)


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