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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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#1294 of 1544
Just sealed an X3 deal by ninabeemer
Feb 27, 2007 (9:56 am)
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All:
 
Just thought I'd pass along the deal I made on an X3 in Columbus, OH. Good hunting everyone:
 
MSRP: $43,370
Net Cap Cost : $40,965 (about $1K over invoice)
Acquisition Fee: $ 625
Adjusted Cap Cost: $41,590
Terms: 36 mo / 12K miles per year / $0 down
Residual: 67%
MF: .002
Acquisition Fee: $625
Payment: $492.23 / month
 
This site is a fantastic resource for this type of information. I would have paid much more without doing the research here. Thanks everyone.
#1295 of 1544
Re: Just sealed an X3 deal [ninabeemer] by kyfdx HOST
Feb 27, 2007 (10:23 am)
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Replying to: ninabeemer (Feb 27, 2007 9:56 am)

Good job! Was that at Kelly or MAG?
#1296 of 1544
Re: Just sealed an X3 deal [ninabeemer] by mez2
Feb 28, 2007 (4:21 pm)
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Replying to: ninabeemer (Feb 27, 2007 9:56 am)

I just went to Kelley BMW here in columbus and took in this info. They said no way did this deal happen, and that you got the vehicle for $1,000 under Their cost. They gave me a residual today of 61% on a 3/36 lease same as yours. Payments would be $529+ tax for a $42,000 sales price if a $43,000 MSRP +/- a few hundred dollars.
 
PLEASE let me know who you dealt with and where.
#1297 of 1544
Help, before I sign Lease deal on X3 by mez2
Mar 02, 2007 (1:06 pm)
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Alright, I was about to put a deposit on a X3 today but wanted to see if there is something hidden in the deal.
 
X3 MSRP $41,000
Sales Price $38,400
Adjusted Cap $40,571.64 Includes $825 Aquisition fee and some thing else.
67% residual on 3yr 12K year lease
Mulitple security Deposits Total of 8 $4,000 for a money factor of .00176
Payment = $483.68 including our 6.75% sales tax.
$4,500 due on delivery = MSD and 1st payment.
 
How am I doing?
#1298 of 1544
Re: Help, before I sign Lease deal on X3 [mez2] by kyfdx HOST
Mar 02, 2007 (1:17 pm)
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Replying to: mez2 (Mar 02, 2007 1:06 pm)

I don't know where you live, but I'd say the difference between the $38400 + $825 and the $40,571.64 is tax.. because I can't find it anywhere else in the equation..
 
Do you live in Ohio? I think they add the tax in upfront, so that would make sense..
 
It looks like they are working off a money factor of .00225, instead of the base money factor of .0020, plus they are marking up the acq.fee by $200.. (assuming the numbers are the same as February... no idea if they are).
 
Positives? $2600 is a very good discount...
 
If they used the base rate of .0020, and only charged $625 for the acquisition fee, then your payment would drop to $460.82/mo.
 
That number would be a great deal... Your number is pretty decent, though..
 
regards,
kyfdx
#1299 of 1544
Re: Help, before I sign Lease deal on X3 [kyfdx] by mez2
Mar 02, 2007 (3:12 pm)
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Replying to: kyfdx (Mar 02, 2007 1:17 pm)

OK talked to the guy a the dealership he said the Adj cap cost includes: $825 aquisition fee, $1096 in taxes and a $275.50 fee to the dealership to fill out paper work.
 
Seems like I should be able to knock a few hundred off these fees and look into a lower rate.
 
Does anyone have the March MF rates on X3 with maximun Multiple Security Deposits?
#1300 of 1544
First Time Lease - 630 fico score by suvcurious
Mar 03, 2007 (2:14 pm)
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Hi, I currently own a two seater convertible (worth 8k according to KBB) and I'm looking into selling it and hopefully leasing a bmw x3 in the near future.
 
1. Is there a way to find out what the average interest rate for someone with a 630 fico score would be without actually applying? I don't want to try getting approved until I hear back from the bureaus regarding an investigation I requested on some false/old info.
  
2. The reason I'm looking into a lease is so that I could upgrade to a bigger SUV in a few years.... when I plan to start a family. In your opinion(s), is this a good idea or should I just buy it? I'm looking to have a car payment of about $500.
 
Thanks for your help!
 
SUVCURIOUS
#1301 of 1544
Re: First Time Lease - 630 fico score [suvcurious] by kyfdx HOST
Mar 03, 2007 (3:19 pm)
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Replying to: suvcurious (Mar 03, 2007 2:14 pm)

BMW leases are pass/fail...
 
So, if you qualify, you qualify for the same rate as the guy who has an 800 FICO score..
 
If you are buying? Sorry, I have no idea of the interest rates for less than A credit.
#1302 of 1544
Re: Help, before I sign Lease deal on X3 [mez2] by ninabeemer
Mar 03, 2007 (3:50 pm)
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Replying to: mez2 (Mar 02, 2007 3:12 pm)

Sounds like you might be buying this car from MAG in Dublin, Ohio, correct? If so, I couldn't get them to come off of the $825 acq fee or the doc fee, or get them to give a better money factor rate. That tee'd me off. So, I called Kelly Motors (near Easton), and they gave me the same car at the same price, but didn't mark up the acq fee ($625), eliminated the doc fee (to $0), and gave me the buy rate money factor of .002. It may be worth a call.
 
If this isn't who you're dealing with, you still should be able to get a lease deal without any mark up in the acq fee, doc fee, and money factor. Good luck with it.
#1303 of 1544
Benifits, if any??? - under miles & BMW C.C. by jojo718
Mar 08, 2007 (6:05 pm)
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I am new to this site and currently in my first lease. I currently have an 04' X3 w. about 16K on it in it's final year of a 3 year/ 30k mile lease; my first question would be if BMW has some sort of reinbursement or benifit to me for the added value due to the lower mileage????
  
Second question would be if anyone has used their BMW C.C. benifits toward their current lease - "up to 5ktowards your lease" - is this as simple and straight forward as it is presented????
  
I love the fact that this website exists - I have read the posts for some time now. This is my first post and it has been coming for some time now..My current lease is up in Sept. 07' and I intend on releasing another X3... hopefully by then the new 3 series 300 hp engine will be an option.
  
One last question - sorry - do you reciweve the same discounts when you order a custom X3????
Thanx for the help, you guys are a great resource....

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