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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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#413 of 1544
Re: Opinions? [the_worm] by kyfdx HOST
Nov 11, 2004 (2:05 pm)
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Replying to: the_worm (Nov 11, 2004 2:00 pm)

Well.. if you can get the base rate, $1500 over invoice should be about the right price.. Your dealer may not give you that.. you may have to shop around.. I find that if you can get a dealer willing to work with the base rates, then they are more upfront in all other dealings as well...
 
Some dealers just won't sell cheap (or competitively, to put it nicely), no matter what.. I can't deal with my local dealer.. and I've tried...
 
Good luck,
kyfdx
#415 of 1544
Re: Opinions? [the_worm] by kyfdx HOST
Nov 11, 2004 (2:22 pm)
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Well.... on a $40K BMW, .0004 will cost you about $25-$27/month on your lease.. To save that much, you'd need to buy the car about $900 cheaper..
 
Now, they don't get the whole $900 from BMWFS, when they sell you the lease at the higher rate, so it would be in both your interests if they use the base rate, and charge you a little more..
 
But, of course, they can't "hide" the amount paid that way...
 
Find an X3 you like.. Give me the MSRP, and I'll give you a sample lease payment that would be fair.. along with what you should be paying at lease inception.. That way you can compare that to what they are offering..
 
regards,
kyfdx
#416 of 1544
Re: Opinions? [kyfdx] by the_worm
Nov 11, 2004 (2:34 pm)
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Replying to: kyfdx (Nov 11, 2004 2:22 pm)

I went to BMWUSA.com and configured the car that I ordered. The configured price it gave me was $40,645 including a $695 destination charge.
 
Thanks!
#417 of 1544
still trying by pjo1966
Nov 11, 2004 (4:37 pm)
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Here's one I'm currently going for:
 
2005 X3 3.0 (due in December)
Silver Grey Metallic
Premium w/ black leather
Nav.
Sat. prep.
Privacy Glass
Heated seats
 
Edmunds lists MSRP as $43,270 & Invoice as $39,655
 
I am looking for a 3 year lease / 12k miles minimum down... but up to $1000 down is ok.
 
Dealer is calling back with numbers. What should I be shooting for?
#418 of 1544
by pjo1966
Nov 11, 2004 (6:15 pm)
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Here's what he came back with... it's too much and I didn't take it...
 
MSRP $41,995
$1500 above invoice
MF 245
Resid 60%
$1500 down
$585.95 + tax = $643.31
#419 of 1544
Re: Opinions? [the_worm] by kyfdx HOST
Nov 11, 2004 (8:34 pm)
Reply

Replying to: the_worm (Nov 11, 2004 2:34 pm)

With an MSRP of $40,645 and a selling price of $39,000, for 3yr/36K lease
 
Payment = $540 + tax..
Upfront = 1st pymt.+ security deposit + $525 acquisition fee.. plus any title, licensing fees.
 
For 15K/yr payment goes up $21/mo.
 
The payment goes down $3/mo for every $100 lower you can negotiate the selling price.
#420 of 1544
Re: [pjo1966] by kyfdx HOST
Nov 11, 2004 (8:38 pm)
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Replying to: pjo1966 (Nov 11, 2004 6:15 pm)

His numbers are right on the money.. I assume you mean $1500 due at signing.. But, even with security deposit waived, they are still bumping the MF by .0002 That raises the payment by about $13/mo..
 
As you can see, even though the MSRPs went down for '05, the lease deals aren't quite as good as they were on the '04s... If you can wait, they'll probably be better in a few months..
 
regards,
kyfdx
#421 of 1544
Re: [kyfdx] by pjo1966
Nov 12, 2004 (6:58 am)
Reply

Replying to: kyfdx (Nov 11, 2004 8:38 pm)

I had asked him to run the numbers for 48 months as well, figuring the car would still be under warranty. His sales manager said the payments would be higher than for 36 months. He didn't run the numbers, though. Does that make any sense at all?
 
I know it's a guess, but what would you figure, it will be March or April before the lease deals come around?
#422 of 1544
Re: [pjo1966] by kyfdx HOST
Nov 12, 2004 (7:03 am)
Reply

Replying to: pjo1966 (Nov 12, 2004 6:58 am)

I don't know if the payment would actually be higher.. Residuals are 9% less, but the money factor is .0024 vs. .0021, so that hurts a bit.. Lets put it this way.. even if it were lower, it wouldn't be enough of a savings to make it worth it..Maybe $10-$20 per month. I'd stick to 36 or 39 month leases.. Maybe 42 months if they are running a special (which they aren't).
 
I usually see good lease deals starting in February.. BMWs have been all over the board the last couple of years though.. It used to be that you could never get a good lease deal after June, but they seem to be running specials late in the year now.
 
regards,
kyfdx

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