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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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#1464 of 1544 Re: Used '07 X3 [waltermm] by mazzman1 Sep 10, 2008 (9:04 pm)
Replying to: waltermm (Sep 10, 2008 6:46 pm) Hey waltermm,   I think that is a great deal. They are going for approximately 31k or more w/ comparable mileage here in NJ. Where are you getting this deal.
#1465 of 1544 Re: Used '07 X3 [waltermm] by kyfdx HOST Sep 11, 2008 (2:41 am)
Replying to: waltermm (Sep 10, 2008 6:46 pm) BMW buy back   I wouldn't do it...
#1466 of 1544 09 lease terms by speedracer8 Sep 27, 2008 (7:40 pm)
Today I was quoted a lease on an 09 X3. 15k miles/year. Interest rate 4.8%. Residual only 60% - that seems very low to me, in the past I know BMWs have had mid 60s. The sales guy said residuals are down this year for every co. Yeah maybe American cos. (some of which are stopping leases altogether), but this is BMW. Are other people getting such low residual values on X3s now? Replies to this message: bodble2 (Sep 28, 2008 6:29 pm)
#1467 of 1544 Re: 09 lease terms [speedracer8] by bodble2 Sep 28, 2008 (6:29 pm)
Replying to: speedracer8 (Sep 27, 2008 7:40 pm) That doesn't sound like a good lease deal to me. At 60% residual, interest rate better be down to no more than 2.9%.
#1468 of 1544 Buy my leased 05 X3? by heinzer Oct 20, 2008 (1:35 pm)
Hi kyfdx - I need your help - again. 37 mos ago you greatly helped me understand how leases work - and what a good price was for an 05 X3. Next month my lease is up. The X3 will have 48,000 miles. Runs and looks great. Sales person in SE PA says "turn in X3 in the morning - they will certify the car - include ext maint. -and sell it back to me in the afternoon for $23.6. I'm thinking of requesting new tires, brakes and offering $21.6. My wife is concerned about the 48K miles and thinks I should buy a new 2009 Subaru Forester. Your thoughts please Replies to this message: kyfdx (Oct 20, 2008 4:23 pm)
#1469 of 1544 Re: Buy my leased 05 X3? [heinzer] by kyfdx HOST Oct 20, 2008 (4:23 pm)
Replying to: heinzer (Oct 20, 2008 1:35 pm) That looks like a pretty good offer... You'd have three years of extended warranty, plus maintenance included for the entire time...   I doubt you'll get new tires out of the deal, but it wouldn't hurt to ask.. Don't worry about the brakes, they'll be included with the maintenance plan.   Considering the dealer is paying close to $3K to add the CPO and maintenance, I don't think you have a lot of bargaining room.. Ask them if they can get you the 1.9% financing.   regards, kyfdx
#1470 of 1544 Just bought mine by gouldn Oct 28, 2008 (10:38 pm)
After 8 happy years of Subaru Forester ownership, I've decided to take the plunge and bought a 2007 X3, with Premium, steptronic, and a few other small options. This one was a dealer loaner. 16K miles, they were asking 35 on the window 32, on their website, and I paid 30. Its CPO, so I'm covered for quite awhile. I think I did _ok_,, there was probably more room, but I'm happy the with deal.
#1471 of 1544 Comments from our kind Host on this deal by gnochman Nov 04, 2008 (5:22 pm)
After being jerked around by another dealer, I found an '08 X3 prem, cold, and sport (fully loaded but no nav.) w/ MSRP of $45,300. I was not given the cap cost despite my persistence and dealer never confirmed the money factor or residual. In any case, the deal is $2k down, $520 per month for 36 months w/ 12K miles per year. They also mention a (~$900 acquisition/security deposit fee). Using a basic lease tool, this looks pretty good but I'm waiting for the other shoe to drop. Any thoughts would be greatly appreciated. If I can get it lower w/out more cash out of pocket, that would help too. Thanks for the support on this forum! -Gnoch Replies to this message: bimmerdriver (Nov 04, 2008 6:35 pm) Firebird_EOU (Dec 22, 2008 7:05 pm)
#1472 of 1544 Re: Comments from our kind Host on this deal [gnochman] by bimmerdriver Nov 04, 2008 (6:35 pm)
Replying to: gnochman (Nov 04, 2008 5:22 pm) I'd suggest calling another dealer or two in the area to inquire about MF and RV so you get a better idea about what kind of deal you are getting. There is no reason why they should not give it to you. You can calculate cap cost yourself by using edmunds' invoice pricing for the X3. It is absolutely accurate, don't let them tell you otherwise. Also find out how much tax you have to pay in your area. The best way not to get fooled is to know how to calculate lease payments yourself.
#1473 of 1544 Re: Comments from our kind Host on this deal [gnochman] by Firebird_EOU Dec 22, 2008 (7:05 pm)
Replying to: gnochman (Nov 04, 2008 5:22 pm) You need to go to the dealership with the information in hand. If you don't then they can spin any kind of numbers on you.   I would go for $0 down, $491/month including the 7% tax, that's calculated based on the sale of the car at invoice. This is 2008 not 2009 model.   This is 15k/miles, add 2% to residual for 12k miles.   2008 BMW X3 3.0si 4WD SUV 24 Month – Residual 70% of MSRP – .00125 Base Rate 3% 36 Month – Residual 62% of MSRP – .00125 Base Rate   Additionally you can put in 7 MSD (Multiple Security Deposit) for $3,500 and reduce your monthly to $453/month and you earn over 12% on the security deposit which you get it back at end of lease.

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