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Prices Paid: Buying & Leasing Experiences BMW X3 Prices Paid and Buying Experience
1544 messages, Last post on Sep 28, 2009 at 3:51 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (Sep 25, 2006 5:48 pm) Thanks!
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Replying to: billmv (Oct 09, 2006 10:08 pm) The key to getting a good lease deal on the '06 is to get a price near dealer cost, and getting the base rate on the money factor... The residual for the '06 X3 is 65% for 3yr/45K.. That is ridiculously high, considering how late it is in the year.. For example, an '06 X3 with MSRP of $43K, and a selling price of $40K, would have a payment of around $486/mo.+tax.. That is with just 1st pymt, security deposit and title/license upfront.. 3yr/45K.
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Replying to: kyfdx (Oct 10, 2006 5:42 pm) So $486 means they're using a .00195 MF, correct? Is that the current base rate? Not bad. Especially if the MFs and residuals are the same for both the '06s and '07s, as you say. Guess I'd better check Prices Paid and see what kind of a deal one could get on an '07. Do you think you could get 50% of the spread off on the '07 now, given the fact that they're new, and improved? I recall finding a post from you on 2/23/06 where they were using a .00125 MF at the time, but a 58% residual, I believe. Do you recall why the MF dropped down so low at that time? Is that historically typical for BMW, or more a function of then current market conditions? I'd really like to hold off and get an '07 in 3-4 months, but one never knows what the winds will bring in the car business, does one? What would you do, knowing what you know? Lastly, do most of the manufacturers establish a money factor at the beginning of the calendar month and stick to it throughout that month? If you tell us certain MFs and residuals are in effect will they typically last through the end of that calendar month? Thanks!
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Replying to: billmv (Oct 10, 2006 11:13 pm) 2) Usually a lease program will stay the same all month, unless it is improved. 3) The 65% residual on the '06 X3 is probably in lieu of dealer cash incentives, now that I think about it.. At some point, though... the lease deals on the '06 will disappear... If there are any left, they'll probably put dealer cash on them, and then the only good deals will be on purchases.. 4) Yes, I figured that lease with .00195 MF and 65% residual. |
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Replying to: msaa (Apr 17, 2006 4:34 pm) |
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Leased an 2007 X3 for 1074.52 down and 614.00 per/mo for 24 months. It was 601.00/m for 3 yrs and 607.00/m for 30 months. But Sales person said why go for 30 months, you'll pay for registration for half a year and lose the rest. I have most every option but stayed away from the sport package, to stiff of ride although some may like it. Excellent power from the new engine. Only a few out on the lots at several dealers. I had to order one due to all the options. Price was 47,895.00MSRP but was able to get it for 45,595.00. 
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About to lock in the following '07 X3 lease: MSRP= 44,500 Price = 42,100 24 mos/10k miles 3K down/acq. cost of 825 Payment = 329/mo.(plus 5% Mass tax)=345/mo. This seems like a very good deal-is it?????? btw: car is base X3 with premium pack plus heated ft. seats and wheel w/metallic pt.and rivacy glass. Not sure about the money factor-looks like it needs to be .00075 using a residual of 78%-is this possible? What am I missing here? Supposed to sign today-thanks for any help!
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Replying to: bimmerfan58 (Oct 23, 2006 7:55 am) msrp 45295 mf .002 lease end 30800 36mos, 10k 2077 due at signing -582 1st month -600 sec dep -270~ dmv -625 bank fee monthly payment 582.28 i wasn't given the selling price though? can you figure it out? is this a good deal? thanks in advance
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Replying to: dtm1 (Oct 23, 2006 9:48 am)
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Replying to: billmv (Oct 23, 2006 11:07 am) |
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