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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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#116 of 723
Re: Lease X3 in NY [jjota] by Car_man HOST
Mar 07, 2006 (5:01 am)
Reply

Replying to: jjota (Mar 05, 2006 6:03 pm)

Hi jjota. Was the deposit that you gave the dealer that ordered the vehicle for you supposed to be fully refundable? If so, that's a good start. It still doesn't mean that the dealer will give you your money back without a fight. Getting dealers to give money back is often like trying to squeeze water out of a rock...or is is blood from a stone...or a turnip...hmmmm. Anyhow, you get the idea. Having said this, if you still end up purchasing a vehicle from this dealer, you almost certainly will be able to get your money back unless you ordered an extremely unusual combination of options on your car that the dealer will have a tough time selling to anyone else.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#117 of 723
Re: BMW Finance Rates [timmboj] by Car_man HOST
Mar 07, 2006 (5:05 am)
Reply

Replying to: timmboj (Mar 06, 2006 5:28 am)

Hi timmboj. BMW is not currently providing any sort of finance support on the 2006 X3. As a result, if you were to finance one through BMW Financial Services, you would have to use its standard finance rates. These rates often change monthly, but it doesn't really matter what they are right now because like most captive finance companies' standard rats, BMW Financial Services usually can be beaten fairly easily. It is in your best interest as a consumer to go to a local bank, credit union, or a bank that conducts business on-line and get pre-approved to finance the truck that you are interested in prior to discussing interest rates with any dealers. doing so will serve two purposes. One, it will give you an idea of what sort of interest rate you qualify for. And two, it often motivates dealers to try to beat the rate that you already have in hand.
 
Car_man
Host
Smart Shopper / Prices Paid Forums
#118 of 723
Re: Hello Car_man!!!!! March X3 Lease info yet!?!? [Car_man] by jverg
Mar 07, 2006 (11:47 pm)
Reply

Replying to: Car_man (Mar 07, 2006 4:57 am)

Thanks very much Car_man!!
 
If you have a moment, just a couple more questions:
 
First, does the dealer generate any profit leasing at the base buy rate???
 
Second, is it true that BMW Financial limits the dealer MF markup to .0004??
 
Thanks again for all your help with our questions!!
#119 of 723
Re: A Great Offer? [urmahhero] by stevevey
Mar 09, 2006 (4:10 pm)
Reply

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

My X3 just arrived at the Prep center yesterday:
It's Blue, w/ auto, premium package, cold weather package, heated steering wheel, premium stereo, sat radio prep, privacy glass, navigation & Xenons.
 
I'm paying only tax and 1st month and MV fees upfront.
 
3yr/30,000 miles
 
499/month with 27,953 buyout at lease end.
 
Does this sound like a good deal?
 
My car's MSRP was 44,370 and my dealer only came down about 1400 so my price is like 42, 970.
#120 of 723
good deal, or not? by joefratt
Mar 10, 2006 (5:49 pm)
Reply
I'm looking at a 2006 X3: Auto Trans, Heated front seats, Privacy Glass, and Metallic Paint are the only options. Dealer figured lease cost based on MSRP and $2500 down as 401.55/month. Tax and MV fees up front, no security deposit. I'm trying to figure out if this is a good deal, but I don't know the residual or other factors, so I wanted to see if someone could help me with these here. Is this a decent deal?
#121 of 723
multiple security deposit lease by drshoegal
Mar 13, 2006 (5:28 pm)
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When do you have to pay the additional security deposits? If I choose to pay all nine, how is spaced out?
 
I'm from Canada and assuming your BMW leases are the same as ours...
 
thanks.
#122 of 723
Re: multiple security deposit lease [drshoegal] by kyfdx HOST
Mar 13, 2006 (5:28 pm)
Reply

Replying to: drshoegal (Mar 13, 2006 5:28 pm)

You pay the additional deposits at lease signing..
#123 of 723
Re: Who is this Middleman?? by stevevey
Mar 15, 2006 (5:58 pm)
Reply

Replying to: kyfdx (Mar 13, 2006 5:28 pm)

So I get a call from BMW today, my X3 finally arrived.
 
But this call wasn't from my salesmen, it was some other person I'll call the "Middleman"
 
So after agreeing on a day I can pick-up my vehicle, I ask about adding the rest of the Sirius satellite raido into my X3, I ask how much much will it cost " I see the accesory itself on BMWUSA.com costs 325.00 so I realize there is tax and installation.. She "looks" up the price and goes... "$799" I said I'll call her back, since I had to get her my insurance info anyway.
 
So I call the service area IN THE DEALER SHE WORKS AT... and the girl goes "442.18 with tax and installation"
 
So when I call her back and tell this she goes.. There no way that includes installation, they have to take the whole raido out of the car and put the siruis thing behind it... I hate to lose the business but I can't even match that price.
 
So I go "that was YOUR service center !!!!"
 
Also, she wanted to charge me $150 for the cargo mat that the part dept want $70 plus tax... I'm sorry lady but I can't justify paying you $80 to walk 20 feet to the parts dept.
 
Then after i told her to forget all that I'll do it myself, she starts telling me how she thinks I should roll my taxes into the lease payment... She goes I can't tell you over the phone because you'll think I'm playing 3 card monty with you... " I 'm like lady, I 'm a CPA with a MBA in finance... Hit me !!!"
 
So I have to go there saturday and have her show me the new lease structure...
 
Sorry lady but I've calculated the lease with the taxes rolled in to the penny and if she tried to screw me but 1 penny a month aI'm telling them to forget the whole deal.
 
So back to my original question... WHO IS THIS MIDDLEMAN???
 
Has anyone else almost gotten scammed from a dealer after waiting 8 weeks for your car...
 
I was real excited but now I have a bad taste in mouth regarding this deal.
#124 of 723
Re: Who is this Middleman?? [stevevey] by bdr127
Mar 16, 2006 (7:12 am)
Reply

Replying to: stevevey (Mar 15, 2006 5:58 pm)

IS your original salesperson still working there? The sales business has pretty high turnover rates.... Perhaps this is just another salesperson who was told to take over the previous salesperson's customers.
#125 of 723
Re: Who is this Middleman?? [bdr127] by stevevey
Mar 16, 2006 (11:49 am)
Reply

Replying to: bdr127 (Mar 16, 2006 7:12 am)

Yes, my original salesperson is still working there. I had to coordinate between my schedule and hers for the actual pick-up. She is in charge of the vehicle delivery, I found out this other person's title is "Business Manager" but I think it should be "Crook" for short.
 
Well, I can't wait to see what happens Saturday.

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