2013 X5 Lease Deal? Advise needed

Looking to purchase 2013 X5 with the following figures:

Term: 36 months
Mileage: 10k per year

M. S. R. P. $68,870.00
PRICE $64,235.00

DOC FEE $200.00
ACQ FEE $775.00
REBATE $1250.00 (Owner's Loyalty $750 plus Ultimate App $500)

RESIDUAL .60
RATE .00165

GRS CAP COST $65,350
SALES TAX $1,933
CAP REDUCTN $360
NET CAP COST $66,925

ADI RESTDUAL $41,322.00

Monthly Payment: $889.81

Is this a good deal?

Absolutely not. You should run, not walk away from this one. BTW, the search function is your friend on these types of things. A couple of hours of research will save you a few thousand dollars over the lease term.

Originally Posted by badduck

Looking to purchase 2013 X5 with the following figures:

Term: 36 months
Mileage: 10k per year

M. S. R. P. $68,870.00
PRICE $64,235.00

DOC FEE $200.00
ACQ FEE $775.00
REBATE $1250.00 (Owner's Loyalty $750 plus Ultimate App $500)

RESIDUAL .60
RATE .00165

GRS CAP COST $65,350
SALES TAX $1,933
CAP REDUCTN $360
NET CAP COST $66,925

ADI RESTDUAL $41,322.00

Monthly Payment: $889.81

Is this a good deal?

You should be getting this vehicle at about $500 over invoice. Do you know what invoice is on this vehicle??? Use BMWConfig.com and input your exact options and list what invoice cost is on the vehicle - you can work from their.

Thank you. I did that and it came out to be close to the figure above with the same MF and Residual.

The numbers will come out but where are you on sales price? Based on your posts you should be at

Dealer Invoice - $1250 for incentives
Add 500 Dealer profit

Does your actual sales price before tax line up with that?

That seems like a lot of money for a 10K lease.

I would have pegged it in the mid $700s. If a 10K lease is going for close to $900 a month, you might want to either delay your purchase until December when programs will be plentiful or go to another brand (MB).

Mark