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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
I heard the following lease deal on a radio ad this morning. New 04 X3, "loaded" $284/mo., 2 yrs. 0 down. BMW of Bayside, Queens, NY.
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Replying to: kyfdx (Nov 12, 2004 7:03 am) As always, thanks for your input. |
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Replying to: designman (Nov 12, 2004 7:56 am) I'd like to see all the fine print on that deal.. They did have some great 24 month leases going back in September.. and maybe into October.. I'd be surprised if they could still do it, though..
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Replying to: kyfdx (Nov 11, 2004 8:34 pm) Thanks |
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Replying to: kyfdx (Nov 11, 2004 8:34 pm) Your information is greatly appreciated. I had 2 more ?s for you. 1) I was curious what the reason is behind this if the payments come out to the same "If they want extra profit, then I want them putting it in the purchase price, not hiding it in the finance office." 2) Also on "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. What is the MF used in the above calculation, .00210? I am trying to negotiate and wasn't sure if I should try to just tell him what I would like my payment or try for an exact MF reduction. Thanks!
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Replying to: kyfdx (Nov 12, 2004 9:51 am) 
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Replying to: the_worm (Nov 12, 2004 12:38 pm) However, the $500 extra costs you about $15/mo., while the MF bump would cost you $25/mo.. BMWFS gets the extra money on the MF bump... It makes no sense... you would think they would do whatever keeps the payment the lowest, but they think they can "hide" the profit this way. 2) MF .00210 residual 60% for 3yr/36K Now that you have a good idea of what is a good price... You can offer: $540/mo. + tax with no more than $1800 due at signing.. for 3yr/36K regards, kyfdx
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kyfdx, Just when I had resigned myself to wait I got a call from the dealer. They'd rather discount a 2005 now for me rather than wait a few months. They suggested I configure 1 to my specifications and order it. Here's what I'm going to propose: 2005 X3 3.0 Silver Grey / Black leather Navigation BMW Assist Privacy Glass Satellite Prep Auto (not coming up as $0 on Edmunds) Sunroof MSRP $41,895 Invoice $38,355 Negotiated Price $39,355 Residual 60% MF .00210 36 months / 12,000 miles Monthly Payment including tax $507.27 I went with $1000 over invoice to keep the MF at the base. Do you think I could get away with asking for $750 above invoice? The price may change a bit because I may have Sirius factory installed. I'm not sure if that still requires Sat Prep. What do you think?
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Replying to: pjo1966 (Nov 13, 2004 7:10 am) $1500 out of pocket. |
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Replying to: kyfdx (Nov 12, 2004 1:18 pm) Ok so I went back with all of your very helpful info and this is what I ended up with. 1st Payment of $1513.04 and then I have 2 options 1)w/ Security Deposit $553/month +tax 2) waive the Security and apply the security deposit amount ($600)to the down $546/month + tax Those #s seemed pretty good to me and I think I will go w/ option 2. What do you think? THANK YOU!
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