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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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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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Replying to: pjo1966 (Oct 28, 2004 3:20 pm) 1. hammer out details of new car 2. negotiate price 3. get ETA... about 2 months 4. leave deposit ($1000 or so). this is refundable as long as they feel the vehicle is sellable if the deal falls through. 5. wait 6. negotiate lease deal when vehicle is in. this is the biggest question mark because there's no way to know what deals will be out there in December / January when the vehicle would be due in. Does this sound like SOP?" For Step 2, should documents be drafted and signed? In general, how can you otherwise trust the verbal negotiated price at this point? Is it just that - trust, or do you actually write this up in some manner as you're placing the order? |
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Hi all I just put a down payment on the 05 x3 3.0 did I get a good deal?? Any thoughts Exterior Color: Silver Gray Interior Color: Black Leather Trans: Steptronic Options Include: 205 Automatic Trans - Steptronic ZPP Premium Package ZCW Cold Weather Package 508 park distance control 522 Xenon Adaptive headlights 609 navigation system 248 heated steering wheel 677 premium hi-fi 761 privacy glass 313 Power Folding Mirrors 438 dark wood trim 216 Servotronic 423 Floormats Est. Delivery Date: January 28, 2005 Total Cost: 41165.00 Down Payment: 2450.00 Loan Amount: 38715.00 |
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