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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

What is this discussion about? BMW X3, SUV


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#1264 of 1544
Re: Just signed today for new X3 [dollar_pound] by smittymike19
Dec 27, 2006 (2:47 pm)
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Replying to: dollar_pound (Dec 22, 2006 2:22 pm)

I am also in nj and looking for an x3. Where did you get an msrp that low with a nav system? i looked at one today in cherry hill area and it had an msrp of like 44 with no nav.
 
Also, what did you put down on the lease?
#1265 of 1544
Re: Just signed today for new X3 [smittymike19] by dollar_pound
Dec 28, 2006 (6:15 am)
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Replying to: smittymike19 (Dec 27, 2006 2:47 pm)

0 down.
the MSRP is quite open on Edmunds, mine is on order, i will get it next month.
Circle BMW, Eatontown
 
What lease rate Cherry Hill is giving you? What is the MF and residual.
#1266 of 1544
what should i do next? by pax3
Dec 28, 2006 (8:20 am)
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Hi,
 
Looks like I got a bad deal here, which is $1300 off of MSRP ($42620).
 
I already put $1000 down.
 
What should i do to save more before finalizing the deal?
 
Any sugestion would be appreciated very much!
 
Thanks.
#1267 of 1544
Re: Just signed today for new X3 [dollar_pound] by billmv
Dec 28, 2006 (10:34 am)
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Replying to: dollar_pound (Dec 22, 2006 2:22 pm)

DP.....the math is right, within a couple of dollars, so you're OK there. Looks like a sweet deal. You did say "include acq fee" and then also said "BK fee 625 additional" which is a little confusing. The acq fee IS the bank fee. I assumed you were paying that separately, so I used 41011 as the cap cost.
#1268 of 1544
Re: what should i do next? [pax3] by billmv
Dec 28, 2006 (10:41 am)
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Replying to: pax3 (Dec 28, 2006 8:20 am)

pax3....two things: 1) grind as much as you can off the MSRP because that's the number they'll use in their lease calcs, and 2) make sure you get them to NOT mark up the money factor over what they pay for it from BMW. And also not mark the acq fee over $625. Three things.
 
dollar pound got his dealer to use a .00153 money factor, which is very good. That must be what BMW is charging their dealers in December. Anybody know otherwise?
 
The dealer cannot control the residual % for the term and miles you want, or the MSRP.
 
Good luck! Let us know how you did.
#1269 of 1544
Re: what should i do next? [billmv] by pax3
Dec 28, 2006 (11:09 am)
Reply

Replying to: billmv (Dec 28, 2006 10:41 am)

Hi billmv,
 
Thanks for the reply.
 
I am actuall buying not leasing.
 
They asked me to put $1000 down because they needed to get the car from some other place so it takes a few days. But i need to pick up the car and finalize the paper work once the car arrives.
 
Guess it's too late to cancel it?
 
What could i do to make the deal a bit better before finalizing it?
 
Thanks.
#1270 of 1544
Re: what should i do next? [billmv] by kyfdx HOST
Dec 28, 2006 (1:02 pm)
Reply

Replying to: billmv (Dec 28, 2006 10:41 am)

Current base money factor is .0015
#1271 of 1544
Re: what should i do next? [pax3] by billmv
Dec 28, 2006 (1:59 pm)
Reply

Replying to: pax3 (Dec 28, 2006 11:09 am)

pax3.....Guess I should have looked at which forum I was on. Dollar pound gave me a head fake when he asked lease questions in post #1263, and I went for it. Sorry.
 
Have you agreed on a selling price with the dealer? I would be surprised if they would do a dealer transfer (which does cost them a little $$) without having a firm deal with a customer. If you think your deal is pretty decent, based on what you've seen in this forum, then go ahead and finalize it. Why cancel?
 
If you're beginning to think you could do better at another dealer, then get a price from another dealer and let your dealer know you're getting uncomfortable with your current deal. Show the first dealer something in writing from the second dealer. Maybe they'll match it if they think you'll really walk.
 
I do not know what rights you have re getting your $1,000 back if you do walk. Probably depends on what it was you signed when you gave them the check. You give up a lot of negotiating strength when you hand over $1,000 and THEN want to renegotiate the price. What's their incentive to come down?
 
Good luck!
#1272 of 1544
My Lease Deal (NJ) with Trade-In by reitdude
Dec 28, 2006 (5:55 pm)
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Here's my negotiated deal:
 
MSRP 43,420 & Selling Price 41,380
36 Months and 12,000 Miles
Residual 67% & Money Factor .0015
Fees 1,011 (261 Gov't, 625 Acq, 125 Doc)
$$ Down 4,411 (Plus a check for 400 Sec Dep and 1st Month)
Monthly Payment $353.37 (No tax - trade in)
 
It's OK. Anything I am missing? Gonna try to get the price down another $200-300 as there are lots of X3's around
#1273 of 1544
Purchasing a 2007 X3 by bmwx4
Dec 29, 2006 (11:26 am)
Reply

Replying to: reitdude (Dec 28, 2006 5:55 pm)

I am very interested in the 07 X3 and specifically the Navigation and heated seats as options. Any ideas on what would constitute a "good" deal (i.e., how much off MSRP?) with the features that I mentioned? I want to purchase within the next 24 - 48 hours and take advantage of the dealer's deadline of moving cars for year end 2006.
Thanks.

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