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BMW X3: Lease Questions

619 messages,  Last post on Jun 23, 2008 at 2:22 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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#290 of 619
Fees by timmboj
Nov 15, 2006 (11:03 am)
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What is a Disposition Fee?
#291 of 619
Re: Program info [gokhangulec] by oc24
Nov 19, 2006 (3:57 am)
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Replying to: gokhangulec (Nov 13, 2006 1:32 pm)

Does anyone have the current money factor from BMWFS for 24 and 36 months at 12K miles/year? Thanks for any guidance! oc24
#292 of 619
Re: Program info [billmv] by Car_man HOST
Nov 28, 2006 (3:41 am)
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Replying to: billmv (Nov 01, 2006 12:24 am)

Here's the latest program info, [billmv. BMW Financial Services' November buy rate lease money factor and residual value for a 36 month lease of a 2007 X3 with 15,000 miles per year are .00150 and 65%, respectively. As you can see, you actually came out ahead by waiting to get your new truck. The numbers for an otherwise identical lease of a 2006 BMW X5 3.0 are .00185 and 56%, respectively. This program is not as attractive as the '07 X3's is, but BMW is providing $2,500 dealer cash on the '06 X5 3.0. If you decide that you want one, make sure to take this cash into account when negotiating its capitalized cost.
 
Car_man
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Prices Paid Forum
#293 of 619
Re: Is it good numbers for lease 2006x3 36/15K in NJ? [mishka7368] by Car_man HOST
Nov 28, 2006 (3:46 am)
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Replying to: mishka7368 (Nov 01, 2006 11:10 am)

Hi mishka7368. You never mentioned the selling price of the X3 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what the selling price is.
 
Car_man
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Prices Paid Forum
#294 of 619
Re: Fees [timmboj] by Car_man HOST
Nov 28, 2006 (3:48 am)
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Replying to: timmboj (Nov 15, 2006 11:03 am)

Greetings timmboj. A disposition fee is a charge that banks charge consumers when they return their leased vehicle. I believe that BMW Financial Services charges a $350 disposition fee. This means that if you lease a BMW through BMW FS, you will have to pay a $350 charge when you return it. Most banks, I believe including BMW FS, waive their disposition fees for consumers who lease another vehicle through them when they return their old one.
 
Car_man
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Prices Paid Forum
#295 of 619
Re: Program info [oc24] by Car_man HOST
Nov 28, 2006 (3:50 am)
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Replying to: oc24 (Nov 19, 2006 3:57 am)

Here's the info that you're looking for, oc24. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 X3 with 12,000 miles per year are .00150 and 77%, respectively. The numbers for an otherwise identical 36 month lease are .00150 and 67%.
 
Car_man
Host
Prices Paid Forum
#296 of 619
Re: Program info [gokhangulec] by jrynn
Nov 28, 2006 (3:57 am)
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Replying to: gokhangulec (Nov 13, 2006 1:32 pm)

2007 BMW X3 Wagon 3.0si 4WD
  
24 mo/15k mi – Residual Value 75% of MSRP – .00150 Base Money Factor Rate
36 mo/15k mi – Residual Value 65% of MSRP – .00150 Base Money Factor Rate
48 mo/15k mi – Residual Value 41% of MSRP – .00322 Base Money Factor Rate
60 mo/15k mi – Residual Value 33% of MSRP – .00322 Base Money Factor Rate

 
Something seems screwy with the drop-off in value between 36/48 months. At 21%, it's nearly as high as the initial TWO years (25%). Especially when it's followed up with an 8% drop-off the following year.
#297 of 619
2007 BMW X3 Lease by walker_brandy
Nov 28, 2006 (3:50 pm)
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Car Man,
 
I am about to lease a 2007 X3 tomorrow and need to know if the follwing is a good deal:
 
MSRP $43,120.00 Lease Price $42,047.50, 36 mo., Money factor being used (.00190) 10k miles/yr
Prem. and Cold Package, Metallic Blue, Privacy Glass, Heated Steering Wheel.
 Lease Payment per month $487.00
 Down payment $4,000.00 through trade-in
 
Thanks for your help!
#298 of 619
Re: 2007 BMW X3 Lease [walker_brandy] by izmirian
Nov 28, 2006 (7:29 pm)
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Replying to: walker_brandy (Nov 28, 2006 3:50 pm)

Guys,
 
I'm in VA and just got a price from the dealer. The car has premium, sports and navigation + heated seats. MSRP is $45955. Selling price is $43600. 24 Mos lease is 499 with taxes and fees and first months down payment. I'm shooting for 449$ per month with the same down. They want to charge .00175 MR but I didn't accept. They wanted to charge .002 at first. I don't understand. That's too much mark up. I've been shopping for 07 MDXs as well but they can't even come close to X3s figures with the same sticker price. Anyways, I'll continue shopping till they offer what I'm asking for.
#299 of 619
Re: 2007 BMW X3 Lease [izmirian] by darthwohl
Nov 28, 2006 (8:27 pm)
Reply

Replying to: izmirian (Nov 28, 2006 7:29 pm)

could you clarify your down money on the lease you are negotiating?

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