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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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#761 of 1544
Re: Is this a good deal? [kyfdx] by atamir
May 09, 2005 (11:22 am)
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Replying to: kyfdx (May 09, 2005 11:04 am)

He said the msrp for either car is $37,995.00
#762 of 1544
Re: Is this a good deal? [atamir] by kyfdx HOST
May 09, 2005 (11:32 am)
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Replying to: atamir (May 09, 2005 10:59 am)

It looks like about $2000 off MSRP, if I assume the base rates.... The only extra "padding" that I see is the documentation fee... But, that is fairly minor..
 
If that is your payment, the security deposit will be $450.
 
If the car actually MSRPs for $37,995, that is a good deal.. Good luck..
 
regards,
kyfdx
#763 of 1544
BMW X3 2.5L Manual - $38K by dcriggs
May 11, 2005 (6:41 am)
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I've enjoyed reading your comments regarding the X3. I find purchasing a new vehicle to be a rather stressfull event!
 
I just received a $38K quote from a dealer for a 2005 X3 with following options:
 
Manual transmission
black sapphire, terra cotta leather interior
sports package
fake wood trim (of some sort!)
premium package
xenon lights
heated seats
 
Does this price sound reasonably good to any of you?
 
Thanks!
#764 of 1544
Re: BMW X3 2.5L Manual - $38K [dcriggs] by kyfdx HOST
May 11, 2005 (6:51 am)
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Replying to: dcriggs (May 11, 2005 6:41 am)

Did they say what the MSRP was? The going rate seems to be about $2K under MSRP...
 
The 3.0 model is usually a better deal.. given the no-extra-cost automatic transmission (which wouldn't help you any) and the free sunroof.. Better lease numbers than the 2.5 model, as well. .if you are inclined to lease.
 
regards,
kyfdx
#765 of 1544
Re: BMW X3 2.5L Manual - $38K [kyfdx] by dcriggs
May 11, 2005 (7:56 am)
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Replying to: kyfdx (May 11, 2005 6:51 am)

Thanks for your reply. I believe the MSRP was $40K (and change), so it looks like this price isn't too bad.
 
That's interesting about the better lease prices for the 3.0. We'll have to check that out if we go automatic after all.
 
Thanks again,
 
dcriggs
#766 of 1544
Re: BMW X3 2.5L Manual - $38K [dcriggs] by kyfdx HOST
May 11, 2005 (8:01 am)
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Replying to: dcriggs (May 11, 2005 7:56 am)

Yeah.. if you do decide to go automatic, you get a lot more with the 3.0.. Especially since you want leather, premium, etc..a lot of those things are standard on the 3.0.... The difference is price is likely to be under $3K.... and the lease payment may only be $20-$30/month higher..
#767 of 1544
Lease Quote/Is this good? great? average? by haakon
May 11, 2005 (11:59 am)
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I recently got a quote on a X3 3.0 with the following configuration
 
Automatic
Metallic Paint
Premium Package
Heated front seats (not Cold Weather Package)
 
MSRP including destination/handling: $39,770
 
With a $3,000 cap reduction, the monthly lease pmts based on 3 year lease & 10K miles/year came to $347/month (pretax). In addition there was a bank fee of $695. Tax, tag, title fees xtra, and not included in the above monthly pmt.
 
Would anybody care to comment whether this is a good deal?
 
Thanks – any help would be appreciated.
#768 of 1544
Re: Lease Quote/Is this good? great? average? [haakon] by kyfdx HOST
May 11, 2005 (12:08 pm)
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Replying to: haakon (May 11, 2005 11:59 am)

Using the base rates, that imputes to a selling price of $38K... not too bad with the base rates... Acquisition fee should be $625..
 
By the way, I would never make a $3K cap cost reduction... If the car is stolen or totaled, you will likely not get any of the down payment back.. I also roll in the acquisition fee and all taxes..
 
So, for reference, with a selling price of $38K, no cap cost reduction and the $625 acquisition fee rolled in, the payment would be $452/mo.+tax. If you negotiated another $500 off the price, subtract $15/mo.
 
regards,
kyfdx
#769 of 1544
Trade in or not? by zhou
May 15, 2005 (12:17 am)
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I test drove an X3 today and like it. The dealer told me that if I trade in my old car I can save the tax on the trade in value. I remembered that you guys recommend not to put any down payment or trade in because you can get that part of money back if the car is totaled or stolen. But the dealer said that portion is covered by the BMW gap insurance. Is that true?
You guys also mentioned that 3.0 has better lease deal. I know 3.0 has more standard options. are those lease rates different between 3.0 and 2.5?
 
Thanks.
#770 of 1544
Re: Trade in or not? [zhou] by kyfdx HOST
May 15, 2005 (7:50 am)
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Replying to: zhou (May 15, 2005 12:17 am)

Gap insurance won't give you your downpayment back... It is designed to payoff the bank, in case the value of the totaled vehicle is lower than the outstanding balance owed... If you make a large downpayment, then that won't be the case, and you'll just end up losing it, in case of a total or theft..
 
You can still trade-in, and get the tax credit without putting the money down on the lease.. Just ask them to cut you a check for your car on trade-in, then write them a check for the upfront cost of the lease...
 
The lease rates are better on the 3.0 model.. It isn't just the higher level of equipment..
 
regards,
kyfdx

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