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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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Can anyone give me their thoughts on the following lease deal: 2004 x3 2.5 with premium package, heated seats, panorama moonroof, automatic, leatherette $2,500 cap reduction + taxes, bank fee, mv etc. 285/mo. 12k year total out of pocket $4,429 (incl. $300 sec. deposit) Is this good? My hesitation is why is the car sitting on the lot so long. I was offered this same deal a month ago. |
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I forgot to mention it's a 24 month lease and the total out of pocket includes 1st mo. payment as well.
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Replying to: mcs19 (Dec 21, 2004 6:59 am) 2) Adding the cap cost reduction back in, brings the lease up to about $400/mo.. You didn't say what the MSRP was.. but, it seems fairly loaded.. that is a good price for a 24 month lease... 3) I don't worry too much how long a car has been on the lot.. They didn't even get '05s in until November, or so.. regards, kyfdx
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I was wondering if any one could provide input/suggest if a $384/month (pre-tax) lease on a 2005 X3 3.0 is reasonable? The car has the following options -- --Blue Water Metallic paint --ZPP - Premium package --ZCW - Cold weather package --On-board navigation system --Xenon lights --Privacy glass --Heated steering wheel Other specifics: --MSRP is -- $43,120 --Invoice is $39,470 --Residual (60%) is $25,872 --Downpayment (NOT including other fees) $4500 --Money factor 0.00145 I am assuming a price of $1000 over invoice, but DO NOT know anything about any incentives that may be applicable to the X3s, that would make it go even below invoice. Any direction and suggestions would be very helpful! Thanks Ray
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Replying to: kyfdx (Dec 21, 2004 10:09 am) Thanks for the insight. I forgot to mention -- the lease is a 36 month lease - and the MSRP is $43,120 - does the payment still look OK to you, for this longer lease?? Thanks. Ray
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I was trying to find out the most effective way to control and stop my X3 on ice and other slippery conditions. I came across this information in the manual which suggests that one should "pump" the brakes.....isn't this contrary to the operation for ABS? Can someone shed some light?? Thanks! Dynamic Brake Control actively supports the driver in dangerous braking situations. Quickly pumping the brake pedal increases the braking effect with low pedal pressure so that the shortest possible braking distance is achieved. This system exploits all of the benefits provided by ABS. |
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Replying to: ray8 (Dec 23, 2004 10:04 am) 2) Are you sure on the MF? That sounds more like the X5 money factor.. I show the base rate MF as .0021, unless they came out with a mid-month change.. 3) Is that residual for a 12K/year lease? regards, kyfdx
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Replying to: ray8 (Dec 23, 2004 11:49 am) regards, kyfdx |
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Replying to: kyfdx (Dec 24, 2004 9:54 am) Yes, the MF is .00145 i.e. about 3.48%. Yes -- this is for a 12K/year lease. So - what do you think about $385/mo. + taxes for 36 months?? Again, the specifics are -- --3.0 Litre --Blue Water Metallic paint --ZPP - Premium package --ZCW - Cold weather package --On-board navigation system --Xenon lights --Privacy glass --Heated steering wheel --MSRP is -- $43,120 --Invoice is $39,470 --Residual (60%) is $25,872 --Downpayment (NOT including other fees) $4500 --Money factor 0.00145 Thank you! Ray
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Replying to: ray8 (Dec 28, 2004 5:26 pm) They must have improved the money factors since the first of the month... I have no way of knowing if that .00145 is the "base" rate or not.. You could ask Car-man on the Lease Questions board for that info.. I really recommend not making that big down-payment... If you totaled the car early in the lease, that money effectively "disappears". Roll that downpayment back in to the lease, and it adds about $130/mo.. regards, kyfdx |
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