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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

What is this discussion about? BMW X3, SUV

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#62 of 1544 Lease pricing... by kyfdx HOST Jul 26, 2004 (6:56 am)
I stopped by the local dealer yesterday to see what typically equipped (or at least equipped to my preference) X3 2.5 would be. I then did a little research here as to MFs, residuals, etc.. and came up with a sample lease payment.   Assumptions: 3yr/45K, cap cost of $1000 over invoice plus acquisition fee rolled into cap cost. 6% tax. Only upfront costs are: 1st payment, security deposit, registration fees.   MSRP: $40,045 Pymt: $502/mo. tax included.   Hope this info is useful.   regards, kyfdx
#64 of 1544 Renegotiate My Deal Or Not? by pipo Jul 27, 2004 (8:13 am)
I ordered an X3 2.5 6-speed in June, and it just arrived at the dealer. At the time I ordered, I was given a discount of $1740 off MSRP, a reasonable deal in the market at that time.   Now I see that my dealer is advertising a 3.0 with an MSRP $3000 higher than my X3 at a monthly lease price $10 per month less (works out to $3500 off MSRP).   It seems that there are better deals available on the 3.0 than the 2.5, and that generally, selling prices are down substantially since June. Should I renegotiate the price on my ordered vehicle? Tell them I want a 3.0 at the better price, even though I custom ordered the 2.5? I don't want to be unfair to the dealer, but I do feel I should get "market" pricing. Am I right?
#65 of 1544 by kyfdx HOST Jul 27, 2004 (8:18 am)
The lease deals for July are better than June. Your dealer should be willing to use the July numbers to figure your lease, even if you pay the same price for the car. That should lower your lease payment. I think the money factor for the 2.5 is .0011 and the 15K residual is 58% for 36 months.   regards, kyfdx Replies to this message: pipo (Jul 27, 2004 9:55 am)
#66 of 1544 Re: [kyfdx] by pipo Jul 27, 2004 (9:55 am)
Replying to: kyfdx (Jul 27, 2004 8:18 am) Thanks, kyfdx, you're right about the money factor, which applies to 36 and 39 month leases. I'm also getting a 62% residual for 39 months (10000 miles annually). At this point, I'm inclined to stay with the originally negotiated cap cost. Any additional thoughts?
#67 of 1544 by kyfdx HOST Jul 27, 2004 (10:43 am)
What is your MSRP? $1800 off doesn't sound that far out of range.. I don't know about the 3.0 leases, but I do know that there is an incentive on the 3.0 that pretty much gives you the steptronic for free. Since you desire the manual transmission, that wouldn't help you anyway.   I think your best bet would be to get them to use the new MF/residual numbers for July and see how that helps your payment. A small change could net you $25/month. Equivalent to negotiating a $900 lower price on the car. Using the July numbers costs them nothing, but lowering the price of the car comes right off their bottom line. I would think the former would be easier to accomplish.   regards, kyfdx Replies to this message: parni (Oct 06, 2004 9:28 am) kyfdx (Oct 06, 2004 9:37 am) parni (Jun 08, 2004 10:54 am) and 2 more... parni (Oct 06, 2004 9:53 am) and 13 more... x3calidude (Oct 25, 2004 10:14 pm) parni (Oct 06, 2004 9:41 am)
#68 of 1544 Leasing X3 by qascent Aug 02, 2004 (7:18 am)
I am trying to finalize the details for leasing a BMW x3 with premium, auto, privacy glss, leather, and heated seats. The MSRP is 38845. The selling price is 36845. The sales tax is 6%. This is what the dealer gave me. No money down, 39months, 15k/year, $1700 due at signing (first month payment, security dep, licsand reg, and aquisition fee). The monthly payment with tax work out to be $435. Is this a good deal. I need to let the guy know asap and since this is my first time leasing I have not idea if all the numbers make sense. All inputs appreciated.
#69 of 1544 by kyfdx HOST Aug 02, 2004 (7:31 am)
Right off the top of my head, that looks like a good lease. $2K off MSRP and no cap cost reduction. If you wanted, they could roll the acquistion fee into the cap cost also, reducing your upfronts by $525, with a corresponding increase in payment (about $15/mo.) The nice thing about 39mo/15K leases is you stay in warranty the whole time, as long as you don't exceed your mileage allowance.
#70 of 1544 Also... by kyfdx HOST Aug 02, 2004 (7:37 am)
I'm not sure of the exact residual on the 39 month lease, but are you sure that payment includes tax? Most of the numbers I get would make more sense if it was $435 plus tax. So, if that is your deal, you better grab it. Also, make sure your total mileage allowed is 48,750.   regards, kyfdx
#71 of 1544 ASAP by kirstie_h HOST Aug 02, 2004 (11:01 am)
A reporter is hoping to talk with a recent BMW buyer who traded in a VW, Toyota, Honda, Ford or Chevy when buying the BMW. Please respond with your daytime contact info and a few words about your experience to jfallonedmunds.com asap no later than Tuesday, August 3, 2004. Thanks, Jeannine Fallon PR Director Edmunds.com

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