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BMW X3 Prices Paid and Buying Experience

1453 messages,  Last post on Jun 23, 2008 at 2:53 PM

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What is this discussion about? BMW X3, SUV

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#1316 of 1453 Re: How is this deal? [kobuk] by timmboj Apr 16, 2007 (12:18 pm)
Replying to: kobuk (Apr 15, 2007 9:13 pm) From your comment on back-seat air bags, it sounds as if you are ordering this vehicle. If this is the case, I've heard the deals aren't as sweet as they might be on a vehicle already sitting on the lot.   I've got two strikes against me -- 1. I'd need to special order mine because I want the six-speed manual (I'll never find one of those sitting on the lot around here), and 2. I live in a one-BMW-dealer town (no competition).     Replies to this message: kobuk (Apr 16, 2007 5:00 pm)
#1317 of 1453 Re: How is this deal? [timmboj] by kobuk Apr 16, 2007 (5:00 pm)
Replying to: timmboj (Apr 16, 2007 12:18 pm) Hi Tim, Thanks for your reply. I haven't ordered the car yet. Still bargaining with the dealer. I think you are right, if I could find a car in the lot that might give more bargainning power. I talked to another dealer, they have to order it too, but they offer 4% off msrp, better than the first one. Let me keep trying and good luck to you too.
#1318 of 1453 Re: Money Factor Follow Up by justanotherjoe Apr 16, 2007 (5:39 pm)
Replying to: kyfdx (Apr 11, 2007 4:25 am) I'm looking at 36 month lease and have been told by two of the four dealers (having yet to talk to the other two) in Denver metro area that the money factor is .00255 vs. the 00215 mentioned in post #1314. The residual numbers are consistent with what has been posted here, although the discounting off of MSRP (per both dealers and Edumnuds TMV pricing) is closer to between 1.5 and 2%. Inventories seem somewhat tight around here, so that would seem to affect discounting.   Is money factor a regional thing or should it be standard nation wide?   Thanks for your input - this site has been a very useful resource. Replies to this message: kyfdx (Apr 16, 2007 8:02 pm)
#1319 of 1453 Re: Money Factor Follow Up [justanotherjoe] by kyfdx HOST Apr 16, 2007 (8:02 pm)
Replying to: justanotherjoe (Apr 16, 2007 5:39 pm) BMWFS allows the dealer to mark-up the base rate by .0004, resulting in the money factor your dealer is quoting. This is extra profit for the dealer.   On a typical X3 lease, this will raise the payment by around $30/mo.
#1320 of 1453 Fighting Chance by timmboj Apr 18, 2007 (4:42 pm)
When the time is right, I think what I'll do is create my own fair deal lease and send it to my local dealer. Giving them the option of meeting MY requirements for a lease (or at least getting close) before venturing into markets outside of my city. Sort of like the fightingchance.com fax attack, except the calculations have already been done to my specifications. This way they'll know I'm an informed consumer, and hopefully keep the negotiating shinanagins to a minimum. If my one-BMW-dealership town rejects my offer, then I can send the same to outside markets and let them fight it out. Has anyone out there tried this approach?Bright idea? Or not? Replies to this message: kyfdx (Apr 18, 2007 8:44 pm)
#1322 of 1453 Re: Fighting Chance [timmboj] by kyfdx HOST Apr 18, 2007 (8:44 pm)
Replying to: timmboj (Apr 18, 2007 4:42 pm) That is a great idea.. I just looked up the e-mail I sent to the dealer on my last car (edited for brevity and personal details). ==================================================== I was walking the lot today (Sunday), and noticed that you had a leftover '05 330 convertible.. in Silver Gray.. I think it is this unit from your website:    Description: Exterior Color: Silver Gray Metallic Interior Color: Black Leather Engine: 6-cylinder Transmision: Automatic    Packages: Cold Weather   Safety Features: Dual Front Airbags Front Side Airbags Traction Control ABS (4-Wheel)   Features: Xenon Headlights BMW Assist ----------------------------------      I'd be interested in leasing this car, if you can do this deal:    $49,345 MSRP $45,200 Selling price $45,825 Cap cost (selling price + $625 acquisition fee) 3yr/45K lease 61% residual ($30,100.45) Money factor .00075 (base rate) Payment = $494/mo. + KY sales tax (approx. $525/mo. total) Due at inception: 1st payment ($525), security deposit ($550), title/license/registration fees (approx. $200) Total due at signing approx. $1300     Thanks for your time and consideration..   ========================================= I made almost that exact deal within 4 days.. My actual deal was for $200 more, resulting in a payment that was $529/mo... and my due at signing was $1196.   So.. it can work!!   regards, kyfdx
#1323 of 1453 Does this 2007 X3 lease sound to good to be true?? by phatjoe Apr 18, 2007 (9:48 pm)
I'm interested in leasing a bmw x3. I shopped around the Chicago area, and asked my brother to stop by bimmer dealerships in a few neighboring states.   One particular dealer showed him a 2007 X3, which was VERY nicely equipped with a msrp around $44,xxx. The lease details are as follows:   $3,000 total out of pocket cash (clearly stated not interested in hidden fees, just want to write one check). 12,000 miles a year 24 month lease $425 a month   I've seen a few people on this site with $500+ lease rates. Does this monthly rate ($425) seem about right, a bit sketchy, or simply a great deal?   Very much value your input...   Thanks, Joe Replies to this message: kyfdx (Apr 19, 2007 4:16 am)
#1324 of 1453 Re: Does this 2007 X3 lease sound to good to be true?? [phatjoe] by kyfdx HOST Apr 19, 2007 (4:16 am)
Replying to: phatjoe (Apr 18, 2007 9:48 pm) With $3000 out of pocket on a 24 month lease, this quote is basically a $500/mo. lease, if you didn't have the big amount down upfront..   Still.. not a bad deal on a $44K vehicle...   But, I'm sure that quote from an out-of-state dealer doesn't account for Illinois taxes.. Illinois taxes the full selling price on a lease.. Over 24 months, that will likely add more than $100/mo. to the payment. Which is why short-term leases aren't usually cost effective in Illinois.   regards, kyfdx
#1325 of 1453 lease price by maryn165 Apr 27, 2007 (11:19 pm)
I just picked up my 07 x3 today. I got the premium package, heated front seats, privacy glass, rear and front sensing system. I am paying $475 a month for a 36 month lease with 12,000 miles (no money down and I paid the taxes upfont). I think this was a pretty good deal. What do you think?

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