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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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#638 of 1544
Re: Got first quote and financing terms from dealer [ttothes] by mvs1
Mar 25, 2005 (6:00 pm)
Reply

Replying to: ttothes (Mar 23, 2005 6:06 am)

Just an FYI not concerning the purchase/lease price. But the window tint done locally. BMW offers privacy glass on the X3 and X5, granted a $350 option, if you want tint take it factory!!!. The factory glass is substantially better then aftermarket installed glass (I'm in the aftermarket business, my partner would kill me if he heard me saying that!). Aftermarket tint is actually a film with adhesive backing. Regardless of how "good" the tinter is contamination is always an issue when mounting the tint. The aftermarket tint can get scratched over time and will need to be replaced, very costly, a bummer if you plan on keeping this car for awhile, also requires use of different cleaners, etc. more maintenance for the user. Also, if they are charging you the same price $350 they are taking you for a ride, most reputable tint shops would charge no more then $250 (these are tri-state prices). Your best option is go with the factory tint which if it adds the same price ($350) will be residualized. (is that a word?). Then have the two front windows tinted to match the rest of the vehicle (about $50-65). Just my 2-cents
#639 of 1544
Sirius and Aux Adapter by ledname
Mar 26, 2005 (7:56 am)
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My dealer wants to charge $550 for Sirius and $80 for the Aux adapter. I'm think that is about double what I should be paying. Anyone have any experiences with these items? I will be picking up on Wednesday or Thursday and want to have some ammunition to bargain with.
 
Thanks!
#640 of 1544
Did my first lease today! by bmwfan4
Mar 26, 2005 (5:04 pm)
Reply
Picked up our x3.0 today so may be a little late to ask about our lease deal but here goes;
2005 3.0i x3
List price $41,145.00
Flamenco red 475.00
Premium Package 1,800.00
beige leather seats n/c
heated seats 500.00
heated steering wheel 150.00
xenon headlights 800.00
privacy glass 350.00
satellite radio prep 75.00
destination charge 695.00
 
The price they came down to was $37,250.00
acq. fee 825 (I tried for 625)
MF .0012 (I tried for .0010)
Title, Lic., Registration fees $394.00
Sales tax $619.92 (5% in Iowa)
No Document fee
 
They added together the price, acq. fee, title & lic. fees, and sales tax for a total=$39088.92
67% resisdual of $27,567.15
24/months 15/K/year
We gave them the first lease payment of 560.00 and they handed us the keys. No security deposit or anything else out of pocket. 23 payments left!
 
I am afraid to ask but want to know the truth - what did we do wrong for the next deal???
#641 of 1544
Re: BMW X3, Prices Paid and Buying Experiences [sharkala] by hello29
Mar 28, 2005 (2:37 pm)
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Replying to: sharkala (Mar 12, 2004 4:58 am)

I'm buying X3 2.5 in 2 weeks time. Need help to get a drive out price.
1. Color-exterior : Green 2. Interior-Black leather seat 3. Sun/moon roof 4. Crusie 5. Automatic. I live in TX area. Drive out price that includes tittle/Licence/Tax etc. 1. Dealer quoted $ 34,798.29 and dealer 2. Gave $ 34,743.13. IS this a good price? I am paying by one check. If, Someone bought for a better price please let me know. Thanks
#642 of 1544
Re: BMW X3, Prices Paid and Buying Experiences [hello29] by jeffkiel
Mar 30, 2005 (9:01 am)
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Replying to: hello29 (Mar 28, 2005 2:37 pm)

Are those options just selected, or the entire premium package?
 
Invoice on 2.5 with Auto, Metallic Paint and ZPP is $33,455.
 
Invoice on 2.5 with individual options is $33,070
 
Don't know your tax rate, but it looks like ~6.5%. Assuming title is minimal (~$100)
 
33,070+100+tax = 35,225 so it looks like you are under invoice. Probably a good deal, but I would trust kdyfx
#643 of 1544
How does my deal look??help asap! by hsbndhatesbmw
Mar 30, 2005 (4:39 pm)
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Hi. Here is the deal I have been given, any suggestions?
X3-3.0
automatic
titain. silver, grey leather
premium package
luggage net
xenon headlights
privacy glass
 
MSRP of 40,570
selling price of 38,872
residual is 61% or 24,747.70
12k mile lease for 36 mo
MF of .00155
acquisition fee of $625
monthly payment of $549.99
drive offs at 873.74 with no security deposit
 
The total to be paid over three years will be $19,799.64.
 
Any suggestions. The car is on hold for me until tomorrow.
#644 of 1544
Re: How does my deal look??help asap! [hsbndhatesbmw] by kyfdx HOST
Mar 31, 2005 (7:46 am)
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Replying to: hsbndhatesbmw (Mar 30, 2005 4:39 pm)

1) $1700 discount is only a fair deal..
 
2) You could live with the $1700 discount if they were using the base rate money factors, but they aren't.
 
3) Base rate is .0010 With the security deposit waiver, the rate is .00115 They are bumping the rate the maximum .0004, resulting in your money factor of .00155
 
4) Something tells me that you asked them to hit that $550/mo. number and they structured the deal to do just that.
 
Your deal would be okay if they would use the base rates.. I would also make a security deposit, instead of waiving it... you will come out $300-$350 better in the long run..
 
With the deal structured as you have it now, the payment is $510+tax .. I assume that tax makes up the difference between the $510 and $550.
 
If you can get them to use the base rate of .0010 and make a security deposit, your payment would drop to $512/mo. including tax.. Your drive off would rise by the $550 security deposit, making your drive-off $1423.74, but you would get the $550 back at the end of the lease.
 
That would be a decent lease deal...
 
regards,
kyfdx
#645 of 1544
RE: Did my first lease today! by bmwfan4
Mar 31, 2005 (7:06 pm)
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kyfdx,
Would you please look at message #640 and let me know??? I am still worried about what I did!!!!
P.S. I do love driving it. I drove it off with 3 miles on it - now 303 with a road trip to KC for a soccer tournament this weekend. Can't wait!
#646 of 1544
RE: Did my first lease today! [bmwfan4] by kyfdx HOST
Mar 31, 2005 (8:13 pm)
Reply

Replying to: bmwfan4 (Mar 31, 2005 7:06 pm)

The deal looks pretty good..
 
You already know about the $200 extra on the acq. fee....
 
A security deposit waiver adds .00015 to the money factor, so you are really close to the base rate.. If you got the waiver for some other reason (returning lessee?), then the bump is a full .0002
 
At best, you could have saved the $200 plus $14/mo. X 24 months... However, your selling price was very low..
 
In the end, your total cash outlay is all that matters... $560/mo. for a 24 month lease, with nothing else out of pocket is extremely cheap for a $41K car..
 
I didn't see it... 15K/year mileage, right?
 
regards,
kyfdx
#647 of 1544
Re: X3 with navigation [dbth] by peachg
Mar 31, 2005 (9:18 pm)
Reply

Replying to: dbth (Feb 15, 2005 4:45 pm)

sticker should be 40K $ 2000 down which includes the first payment and security deposit $490 a month -
 
just got this deal for X3 3.0

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