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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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#1466 of 1544
09 lease terms by speedracer8
Sep 27, 2008 (7:40 pm)
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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?
#1467 of 1544
Re: 09 lease terms [speedracer8] by bodble2
Sep 28, 2008 (6:29 pm)
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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)
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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
#1469 of 1544
Re: Buy my leased 05 X3? [heinzer] by kyfdx HOST
Oct 20, 2008 (4:23 pm)
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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)
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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)
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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
#1472 of 1544
Re: Comments from our kind Host on this deal [gnochman] by bimmerdriver
Nov 04, 2008 (6:35 pm)
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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)
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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.
#1474 of 1544
2006 CPO Alpine White X3 by leejp
Jan 01, 2009 (8:54 am)
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New York Metro Area...
 
2006 CPO X3
Alpine White
Heated Front Seats and Rain Sensing wipers otherwise base
26,780 Miles, In service Date is DEC 2005 (CPO warranty through DEC 2011)
$22,995 with 0.9% 36 Month Financing and First 2 Months paid by BMW
 
The car is mint (hardly looks used). With tax/tags/prep fees/finance charges (interest) minus the 2 payments by BMW the total purchase cost will be just around ~$24K. The pricing was so attractive that I didn't even bother haggling with the dealer.
 
I took delivery yesterday (12/31/08) and so far am very impressed with the x3. The interior space is very generous for a "small" vehicle (at least on the outside) and it is very responsive. It's almost like a taller 3-series vs a small SUV/SAV.
#1475 of 1544
Feedback please on price quote by mwg594
Jan 07, 2009 (11:20 am)
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I'm looking at a new 2008 X3 - basic car, no premium package and no extras. Dealer quotes me $40,325. I have a 2004 X3 2.5 with 67,000 miles on it and he's telling me that with my trade, I'll have to pay $29,000 for the new one.
Feedback please. How much better can I do?

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