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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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#751 of 1544
Re: Current lease offer - negotiable?/Help! New to leasing [haakon] by kyfdx HOST
Apr 30, 2005 (1:40 pm)
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Replying to: haakon (Apr 30, 2005 10:13 am)

It always pays to do a little reading before asking a question.. Not picking on you, as this happens every day...
 
kyfdx, "BMW X3: Prices Paid & Buying Experience" #741, 29 Apr 2005 8:08 pm
#752 of 1544
Re: any comments on the BMW lease deal listed in the incentive section? [kyfdx] by ccdbb
May 02, 2005 (4:36 am)
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Replying to: kyfdx (Apr 29, 2005 7:48 pm)

kyfdx,
 
Gave a little more thoughts to your formula. It seems that the higher the residual value, the lower the depreciation, but interest got higher at the same time. Do depreciation and interest contradict each other then? Also, if acq fee gets rolled into the cap cost, it will be charged interest. Is something I should do then?
 
ccdbb
#753 of 1544
Re: any comments on the BMW lease deal listed in the incentive section? [ccdbb] by kyfdx HOST
May 02, 2005 (8:14 am)
Reply

Replying to: ccdbb (May 02, 2005 4:36 am)

Residual and money factor aren't relative to each other... However, BMWFS may choose to use those numbers to incentivize sales of the car.. They might offer a high residual, which costs them nothing until you turn the car in.. Or they might choose to lower the money factor, in which case they are taking the financial hit over the life of the lease..
 
The $625 for the acquisition fee is such a small amount, that the interest that accrues to it is pretty much immaterial.... from cents to maybe $1.50 per month at most... I always roll all of my upfront costs into the monthly payment, except for 1st payment and security deposit.. (I even rolled in those one time).
 
regards,
kyfdx
#754 of 1544
Re: any comments on the BMW lease deal listed in the incentive section? [kyfdx] by ccdbb
May 02, 2005 (9:40 am)
Reply

Replying to: kyfdx (May 02, 2005 8:14 am)

Just closed the deal as you suggested. Without a word, they backed down acq fee to $625 with money factor lowered to 0.0010. I was trying to get a little more off the MSRP but failed.
 
Thanks a lot for all your help. This is the first time I walked into a dealership with such confidence. Now I am waiting for the production number so I will know when they will finished building my new X3.
 
Very excited,
ccdbb
#755 of 1544
Re: any comments on the BMW lease deal listed in the incentive section? [ccdbb] by kyfdx HOST
May 02, 2005 (12:15 pm)
Reply

Replying to: ccdbb (May 02, 2005 9:40 am)

Good deal!!
 
I'd be excited, too.. I have to live vicariously through others for at least another year...
 
regards,
kyfdx
#756 of 1544
Re: X3 lease proposal, my vision of it???? [kyfdx] by gfour
May 03, 2005 (7:11 pm)
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Replying to: kyfdx (Apr 20, 2005 8:00 am)

Thanks KYFDX for the review. I do get the typos now and then. I revised it all and emailed it to the dealership. They agreed all was correct and faxed me the paperwork. Straight up deal. Closed this weekend and everything was as advertised. I have a good dealership. Thanks for your help, gfour
#757 of 1544
What can i ask for...... by atamir
May 04, 2005 (8:11 am)
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Hi, i have built an x3 with the following specs on the BMW website:
 
2005 X3 2.5i SAV
   
Destination Charge
$695
   
Exterior
Jet Black
 
Interior
Birch Grain Light Wood Trim
Sand Beige Sensatec Leatherette
 
Packages
Premium Package
$3,700
  
MSRP
$30,300
   
Price as configured
$36,645
   
Options
STEPTRONIC 5-Speed Automatic Transmission
 $1,275
  
Premium Sound System
 $675
  
Down Payment
 $1500
    
Lease
 $499
  
Term
 36 months
  
Annual Mileage
 10000
  
 I want to send a lease deal to a few bmw dealers to get the bidding started but, being that its my first time doing so, i'm not sure how to formulate these offers....any advice would be really appreciated. Also, can i do better than the numbers above?
 
Thanks in advance!
#758 of 1544
Re: What can i ask for...... [atamir] by chachi
May 04, 2005 (6:51 pm)
Reply

Replying to: atamir (May 04, 2005 8:11 am)

The 3.0i Lease is a better deal for the money. You get more standard features for the same price of the 2.5i you are looking at. The Automatic Transmission is FREE, and some of the features on a Premium Package is included on a 3.0i. Plus the 3.0i has a higher fixed value which in return will lower your monthly payment.
I just picked up my X3 3.0i a week ago and love it...
Have a good one!
 
chachi
#759 of 1544
Is this a good deal? by atamir
May 09, 2005 (10:59 am)
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Hi All,
 
Just got a quote from my bmw dealer:
 
Upfront Costs:
First Monthly Payment
Security Deposit
$625.00 Bank Fee
$7.50 NJ Tire Tax
$169.00 Documentation Fee
$263.00 Motor Vehicle Fee for 3 years.
 
We could do a lease on an X3 3.0 for $427.61/mo for 3 years and 10,000 miles/yr. This would include NJ sales tax and no cap cost reduction. Due at start would only be the inception fees & mv fees. This car has the following factory options included:
 
Automatic
Heated front seats
Privacy Glass
Panoramic Moonroof
Wood Trim
Power front seats with driver's memory
Heated steering wheel
 
I have a jet black with black interior available. I also have a jet black with sand interior available without the heated steering wheel or privacy glass but with cold weather pkg and satelite radio prep.
 
Is this a good deal? What would the security deposit be? Are there any charges that are really dealer profit?
 
Thanks!
#760 of 1544
Re: Is this a good deal? [atamir] by kyfdx HOST
May 09, 2005 (11:04 am)
Reply

Replying to: atamir (May 09, 2005 10:59 am)

MSRP?

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