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Prices Paid: Buying & Leasing Experiences 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
| 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. | |
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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
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Replying to: gnochman (Nov 04, 2008 5:22 pm) |
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Replying to: gnochman (Nov 04, 2008 5:22 pm) 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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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. |
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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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Replying to: mwg594 (Jan 07, 2009 11:20 am) I'm just guessing, but I doubt your current ride is worth more than $12K-$13K on a trade... Discount should be about $2500-$3000 on the new one... I guess if $29K included taxes and everything else, it wouldn't be too bad... 0.9% for 60 months included in that deal?
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Replying to: kyfdx (Jan 07, 2009 11:26 am)
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Replying to: mwg594 (Jan 07, 2009 11:39 am) The 0.9% financing doesn't cost the dealer anything.... I'd take advantage of it (even if you don't need to). The "base" model comes pretty well equipped in '08.. Other than leather, it's hard to tell from the better equipped models... regards, kyfdx |
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Hey guys, A dealer is offering my gf an '06 X3 with 33k miles, white exterior, leather terracotta interior, premium pkg, xenons, heated seats/steering wheel, privacy glass, auto for $25900 (after taking off $1k), plus 0.9% for 60 months. Good deal? |
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