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BMW X3 Lease Questions

723 messages,  Last post on Oct 26, 2009 at 8:06 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW X3, Car Leasing, SUV


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#106 of 723
Re: 2-Year Lease Rates [timmboj] by kyfdx HOST
Feb 28, 2006 (6:56 pm)
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Replying to: timmboj (Feb 28, 2006 5:00 am)

I think the residual is 71%..
 
With your numbers, I get $540/mo. plus tax.. with 1st payment, acquisition fee, security deposit and title/license fees due at signing...
 
regards,
kyfdx
Host-Prices Paid Forums
#107 of 723
Re: 3 years rate at $450 monthly payment [urmahhero] by kyfdx HOST
Feb 28, 2006 (6:57 pm)
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Replying to: urmahhero (Feb 28, 2006 6:18 pm)

We'll need at least an MSRP to have any idea..
#108 of 723
March lease program by Car_man HOST
Mar 01, 2006 (3:15 am)
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Hi everyone. BMW is scheduled to publish its new March lease program late today. I should have an opportunity to take a look over within the next couple of days. I would appreciate it if those of you who still have questions about leasing one post a note for me in this discussion later on this week. I'll be happy to answer any questions that you have on the new program then. Thanks.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#109 of 723
A Great Offer? by urmahhero
Mar 01, 2006 (6:55 pm)
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I have an offer that I want to run by you and need your expert advice.
 
Silver 2006 BMW X3 with Premium package, Privacy glass, and Navigation for $0 down for 12K/year for 36 months for $500/month including tax with just first, 625 bank fee, 385 mv and doc fees, 500 security up front. He also indicated that "he discounted the vehicle $2500 to arrive at 500, cannot go below that unless you put a cap reduction up front this is a $42,500.00+ vehicle, and includes Free Maintenance for 4 years or 50,000 miles. Residual is $26,400 at end; note that maintenance is included by only a few car manufacturers at this time".
#110 of 723
Hello Car_man!!!!! March X3 Lease info yet!?!? by jverg
Mar 03, 2006 (6:59 pm)
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I'm sitting/waiting on the following '06 X3 deal until we get the March data:
 
36 month lease
MSRP $39,168
SELL 36,645
Residual 62% 24,284
MF .00165
Bank/acquisition fee 825
No Security Deposit
 
Thanks for all your help!!!!
#111 of 723
BMW Business Discount? by tch06
Mar 05, 2006 (2:54 pm)
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Hi Everybody,
 
First time BMW buyer here and looking at the '06 X3. I mentioned to the dealer here in San Fran. that I have my own business and he said that when we talk about the lease numbers he would factor in the BWM Business Discount. Does anyone have insight into BMW Business Discount? What is it? Or how can I find more information about it?
 
Thanks very much!
#112 of 723
Re: Lease X3 in NY [Car_man] by jjota
Mar 05, 2006 (6:03 pm)
Reply

Replying to: Car_man (Feb 09, 2006 2:51 am)

car_man "if you drive off in something that is in stock, they know that you won't back out of the deal like you can with an order."
 
having second thoughts about an order. gave 1k deposit for order, will these be reimbursed? how about changing the order for a different model, any penalties for changing?
#113 of 723
BMW Finance Rates by timmboj
Mar 06, 2006 (5:28 am)
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BMW lease rates are posted here monthly. I understand this is the X3 lease forum, but does someone here know if their finance rates change month to month? Do the rates change with the length of the loan? And where can one find this information?
#114 of 723
Re: A Great Offer? [urmahhero] by Car_man HOST
Mar 07, 2006 (4:52 am)
Reply

Replying to: urmahhero (Mar 01, 2006 6:55 pm)

Hi urmahhero. $2,500 below MSRP is a pretty good price for this truck. I believe that the model that you described has a spread of around $3,480 between its full MSRP and dealer invoice price. That puts the price that you were quoted at right around $1,000 over invoice. I would be happy to use BMW Financial Services' actual lease program to calculate what this truck's lease payment should be right now, but it would be helpful if you would provide me with the actual full MSRP (with the destination charge added in) of the truck that you are interested in.
 
Car_man
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#115 of 723
Re: Hello Car_man!!!!! March X3 Lease info yet!?!? [jverg] by Car_man HOST
Mar 07, 2006 (4:57 am)
Reply

Replying to: jverg (Mar 03, 2006 6:59 pm)

Hey jverg. If you were to lease a 2006 BMW X3 through BMW Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00125 and 60%, respectively. The residual value for this model would be 2% higher for a lease with only 12,000 miles per year. If you opt to have your security deposit waived, it would increase the money factor for this term to .00140. As you can see, this is a little lower than the factor that you were quoted. It appears as though the dealer that you are working with may be marking up your truck's factor to add additional back-end profit to your deal. This sort of thing is completely legal and happens all the time, but usually can be avoided by consumers who know what their vehicle's buy rate should be. Also, this dealer is marking up BMW FS' base lease acquisition fee of $625 by $200. The selling price that you were quoted looks reasonable to me, but you should try to get the dealer to eliminate the money factor and acquisition fee mark-up.
 
Car_man
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