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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
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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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Replying to: pjo1966 (Nov 13, 2004 7:10 am) That would be with 1st payment, security deposit, and $525 acquisition fee due at signing, which is about $1700 total.. If you plan on making an additional $1500 downpayment, that would drop the payment to $487 + tax. I didn't check your invoice price, but the MSRP is right on the money.. One note.. it is $300 cheaper to get the premium package, rather than leather and BMW assist separately.. plus you'll get auto dimming rear-view mirror and lumbar supports. regards, kyfdx |
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Replying to: the_worm (Nov 13, 2004 10:59 am) If you choose option #1, you will get $600 back at the end of three years. Choose option #2, and you will save $7/mo X 36 mo. = $252.. But, you won't get the $600 back at end of term.. A loss of $348... The "interest loss" on $600 over three years is less than $100... So, you are much better off making the deposit. regards, kyfdx
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Replying to: kyfdx (Nov 13, 2004 2:43 pm) Once I again I thank you for your advice. I will take option #1... otherwise my deal looks pretty good, right? Thanks |
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So how do I confirm that auto trans is standard on the 2005 X3? Edmunds does not reflect that. Thanks!
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Replying to: bgl (Nov 16, 2004 8:44 am) |
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Hi, I got a quote from the Fremont Automall (Calif) dealer after several weeks of dealing with various BMW dealers. Please let me know if this is a fair deal. Car: 2005 BMW X3 2.5i Term: 36 month lease w/ 10,000 miles MSRP : $ 37,290 Invoice: $ 34,487 (they added $277 gas guzzler?) Selling Price: $34,987 ($500 over invoice) Residual : 61% Residual value : $22,746.90 Money Factor : 0.00250 Initial Cap cost: $34,987.00 Bank Fee : $ 725.00 (markup?) ---------- Adjusted Cap : $35,712.00 ---------- I remember someone posting that Bank fee should not be rolled into the lease..?? License fee : $ 290.00 CA Tire fee : $ 5.00 Doc Fee : $ 45.00 Security Deposit: $ 600.00 Drive off : $1,490.58 Monthly payment : $ 550.58 I would very much appreciate anyones feedback on this quote. Thank you in advance, Sunny.
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Replying to: sunnykim (Nov 24, 2004 4:32 pm) They are marking up the acquisition fee (base is $525) and the money factor (base is .0021). The money factor bump is what really kills you... $200 extra on the acquisition fee isn't so bad, considering you are getting $500 over invoice.. But, the money factor bump adds about $25/mo. Rolling in the acquisition fee is a good thing.. You always want to minimize your upfront fees. You are off to a good start.. At least the dealer is giving you all the numbers.. If you get the base fees and money factor, you'd have a very good deal. regards, kyfdx |
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