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SUVs BMW X3 & X5 BMW X3
3287 messages, Last post on Nov 14, 2009 at 6:14 PM
You are in the BMW X3 & X5 Forum. Your Hosts are steve_ & tidester
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Replying to: nyccarguy (Oct 28, 2008 8:31 pm) Well.. it's complicated..  First.. it's a factory car that they bought at the BMWNA closed auction. So, it qualifies for the new car lease program, even though it's been in service for 11 months and has 10,400 miles.. Second.. they bought the car in June, and CPOed it. I'm not sure what their thinking was.. as the car had lots of warranty left, but I guess there was no reconditioning needed, so the only cost was the warranty. Usually with loaners or demos, they qualify for the new car program, and the residual is reduced by $0.15/mi.. They didn't structure this one that way.. I have the same residual as a zero-mile car, but they paid extra upfront, and got some credit for the car being CPO (under the assumption that it will be worth more at the end of the lease than an identical car without CPO). But.. in the end... the car has an MSRP of $43,950.. A selling price of around $36,500.. Cap costs and residuals are goofy, because of the above.. but, the bottom line? 3yr/45K lease $440 mo. + tax = $466/mo. Due at signing = 1st payment + $115 in registration/title fees = $581 I almost leased a loaner at another dealership in August.. About $46K sticker with 4000 miles.. for $535/mo.+tax.. I turned that down, and later wondered if I screwed up... Now, I'm glad I waited, since it saved me $100/mo..  I think that covers it.. We pick it up tomorrow evening.. 
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Replying to: szimdahl (Oct 29, 2008 6:11 am) |
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what would you guys say is a good price for a car like this. it has prem, sports, and xenon and will come with the new car warranty. i have no idea how much of a 'discount' you're supposed to expect for 7k miles on the car.
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Replying to: phaitour (Dec 05, 2008 11:19 am) 1) Factory executive could mean almost anything.. If you have a copy of the sticker, and it is a factory car, it will show BMW NA as the dealer. This could be an actual manufacturer company car or a corporate employee lease. IMO, it makes little difference, either way. 2) What is the original MSRP? They should have a copy of the sticker. (Just for a reference point). 3) The dealer bought the car at an auction, just like any other used car, and that should be factored into the deal. It really is no different, except..... 4) Factory official cars that have never been retailed are sometimes eligible for the new car lease programs.. The '08 X3 has a great lease program, so that might be of use... Also, 0.9% financing on a purchase. The unit that I leased had 10,400 miles. It's original MSRP was $44K.. The selling price was around $36,500. But, mine had already been CPOed, so figure at least $1500 more for that.. Your unit has less miles, and it sounds like it's probably more expensive (mine didn't have Sport). What are they asking?
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Replying to: kyfdx (Dec 05, 2008 11:36 am) They are asking 42k. Msrp is just under 49k. Invoice was 44k So should I try for something like 40?
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Replying to: phaitour (Dec 05, 2008 3:46 pm) Sounds like it has everything but the kitchen sink at $49K... nice! |
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Hi folks I live in the northeast and do not have a garage for my X3. The winter is turning out to be harsh this year and was wondering if it is a good idea to have a remote starter installed. My X3 has done 60000 miles in 3 years 4 months without any maintenance except the routine oil services. I did not have the 4yr/50000 mile warranty extended. I did not get the remote starter earlier as BMW customer service informed me that it would void the warranty. Do you think it is advisable as the two mechanics I called seemed to give conflicting advice - one said he'll do it and the other said he would'nt touch it because of the BMW computer/electronics. BTW - I love the car and it has been a marvellous experience having it - it still looks and drives like a new car. |
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I am wondering what is the best approach in my situation. I just bumped into e post and sustained a paint scratch on the front bumper (about 5 inches). The plastic is visible underneath. There are no cracks or anything. I am returning the car next month (end of lease). I am thinking of taking it for pre-inspection. If the damage turns out to be more than my insurance deductible ($500) can I make a claim at that point with the insurance company? Will the BMW dealer help with the claim in some way. Or should I report to the insurance company now? Any opinions? thanks
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Replying to: imgdoc (Jan 04, 2009 9:08 am) tidester, host SUVs and Smart Shopper |
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Replying to: imgdoc (Jan 04, 2009 9:08 am) |
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