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BMW X3 Prices Paid and Buying Experience

1544 messages,  Last post on Sep 28, 2009 at 3:51 PM

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What is this discussion about? BMW X3, SUV

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#608 of 1544 lease deal on 2005 X3 3.0 by x3for3 Mar 18, 2005 (12:18 pm)
MSRP is $43055, MF .001 62% residual 36 month, 10,000ml/yr $1391 due at signing tax in NY 8.625% Monthly payment is $538 Question: Is $40955 the right selling price?   Picking up car in a few hours. Thanks Replies to this message: kirstie_h (Mar 18, 2005 1:09 pm) argento (Mar 18, 2005 1:22 pm) kyfdx (Mar 18, 2005 1:35 pm) argento (Mar 18, 2005 2:00 pm) x3for3 (Mar 18, 2005 4:51 pm) and 2 more... kyfdx (Mar 18, 2005 1:29 pm)
#609 of 1544 Re: lease deal on 2005 X3 3.0 [x3for3] by kirstie_h HOST Mar 18, 2005 (1:09 pm)
Replying to: x3for3 (Mar 18, 2005 12:18 pm) The monthly payment seems high to me, but I am not an expert and my math could be off. Hopefully kyfdx will have a chance to drop by before you seal the deal.   kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions
#610 of 1544 Re: lease deal on 2005 X3 3.0 [x3for3] by argento Mar 18, 2005 (1:22 pm)
Replying to: x3for3 (Mar 18, 2005 12:18 pm) The difference between MSRP and invoice price (the amount the dealer paid for the car) is usually around 12%. Therefore, in your case, the dealer paid ~$37,800 and, hence, is making a profit of, at least, $3,000. Depending on his needs/quotas/incentives, etc. he may be willing to reduce this number further. Replies to this message: kyfdx (Mar 18, 2005 1:35 pm) argento (Mar 18, 2005 2:00 pm) x3for3 (Mar 18, 2005 4:51 pm) kyfdx (Mar 18, 2005 4:58 pm) and 1 more...
#611 of 1544 Re: lease deal on 2005 X3 3.0 [x3for3] by kyfdx HOST Mar 18, 2005 (1:29 pm)
Replying to: x3for3 (Mar 18, 2005 12:18 pm) I'll assume 1st pymt and security deposit due at lease signing.. with the $900 (NY is higher) acq.fee added to the $40,955 price.. Results in CAP cost of $41,855.   I get a payment of $490 + tax.. or $532/mo. tax included...   If they are marking up the acq.fee to $1100, then I get $538/mo.. tax included..   So, I guess my numbers show them charging you $200 too much... Not too bad for a $43K car, I guess...   regards, kyfdx
#612 of 1544 Re: lease deal on 2005 X3 3.0 [argento] by kyfdx HOST Mar 18, 2005 (1:35 pm)
Replying to: argento (Mar 18, 2005 1:22 pm) No offense... but, that is a bad guess..   The invoice on an X3 with an MSRP of $43,055 is about $39,400...   Making his deal about $1500 over invoice..   I'm not saying he wouldn't take less, but if they are using the base lease numbers, you have a pretty good deal..   regards, kyfdx Replies to this message: argento (Mar 18, 2005 2:00 pm) x3for3 (Mar 18, 2005 4:51 pm) kyfdx (Mar 18, 2005 4:58 pm) x3for3 (Mar 18, 2005 5:10 pm)
#613 of 1544 Re: lease deal on 2005 X3 3.0 [kyfdx] by argento Mar 18, 2005 (2:00 pm)
Replying to: kyfdx (Mar 18, 2005 1:35 pm) No offense taken. Regards   Argento
#614 of 1544 Re: lease deal on 2005 X3 3.0 [kyfdx] by x3for3 Mar 18, 2005 (4:51 pm)
Replying to: kyfdx (Mar 18, 2005 1:35 pm) Thanks very much for all your help.   Good deal or bad, it's done as mentioned before. But that was an experience. Have never negotiated on a price of a car like this before. Learned a lot.   Dealer told me they made profit of less than $2000, who the hell knows? Although they threw in front and rear all weather mats. What's the least they should have profit?   By the way, the car is awesome!   Thanks again. Replies to this message: kyfdx (Mar 18, 2005 4:58 pm) x3for3 (Mar 18, 2005 5:10 pm)
#615 of 1544 Re: lease deal on 2005 X3 3.0 [x3for3] by kyfdx HOST Mar 18, 2005 (4:58 pm)
Replying to: x3for3 (Mar 18, 2005 4:51 pm) I think that is probably accurate.. A total profit of around $1600 maybe...   I don't know what the least is... At that dealer, that may be the least they will accept..   Overall, regardless of their profit, it looks like a pretty good lease deal.. Not a bad price for a $43K car.. Replies to this message: x3for3 (Mar 18, 2005 5:10 pm)
#616 of 1544 Re: lease deal on 2005 X3 3.0 [kyfdx] by x3for3 Mar 18, 2005 (5:10 pm)
Replying to: kyfdx (Mar 18, 2005 4:58 pm) Actually it was your help that I could get a $40 deducted from the monthly payment. They were surprised that I even knew about it. They actually told me that they didn't usually pass it to a settled deal.   Thanks.
#617 of 1544 Completed Deal Thanks to Kyfdx by ledname Mar 19, 2005 (11:25 am)
Finished my deal today at BMW of W. Springfield (MA)   X3 3.0 Auto Premium Cold Heated Steering Xenon Privacy Satellite Prep Mystic Blue   MSRP 41395   Cap Cost 39850 (inluding acq fee) MF .00100 Resid 59%   Payment $522.37 (includes 6% Sales Tax)   Due at signing: 522.37+ $550 deposit + 289 Doc fees (would not negotiate these)= $1361.37   Now I just have to help they can locate it...apparently Mystic Blue is not as available as other colors.   Will write back about delivery process.

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