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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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#317 of 723
Just got it and love it! by drjcool1
Dec 19, 2006 (2:08 pm)
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Just picked up 2007 X3 - Long Island
Premium, privacy glass, heated seats, xenon, metallic paint;
1232 out of pocket; 565/month (including NYS taxes) for 2 year lease at 15k/year: Very happy with it!
 
Just curious how this deals stacks up with others?
#318 of 723
Re: Just got it and love it! [drjcool1] by blund
Dec 19, 2006 (8:00 pm)
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Replying to: drjcool1 (Dec 19, 2006 2:08 pm)

Hi,
 
Sounds about right- Picked up mine last week: Premium, NAV, privacy glass, heated seats, xenon, metallic paint, back air bags.
 
Put 1700 down, 2-year lease, 12K p/y, $550 per month inc. NJ taxes.
#319 of 723
residuals and money factor by zeppellin
Dec 20, 2006 (8:13 pm)
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Replying to: blund (Dec 19, 2006 8:00 pm)

How does everyone know what the money factor and residuals persentage is? is it stated somewhere? How do I know negotiating a 75% residual on a 2 yr lease 15k mile, and .00150 money factor is reasonable.....im sure these are all factors dealers will try and negotiate to help there cause.
#320 of 723
deals in florida by zeppellin
Dec 20, 2006 (8:14 pm)
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anyone getting great deals on '07 x3's in florida
#321 of 723
Re: residuals and money factor [zeppellin] by billmv
Dec 20, 2006 (8:34 pm)
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Replying to: zeppellin (Dec 20, 2006 8:13 pm)

zeppellin.........the residual value is set by the factory for the months & miles you want if you're leasing through their captive finance arm. The money factor is also "sold" to the dealer at a certain rate, but the dealer CAN mark that up when they quote a rate to you, so they can make money off the financing. So you have to do your research to figure out what the dealer pays for the money. You should insist they give it to you at that same rate if you can. The biggest thing is that you have to negotiate the price they use in the lease, just like you were buying the car.
#322 of 723
Re: residuals and money factor [billmv] by zeppellin
Dec 20, 2006 (8:53 pm)
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Replying to: billmv (Dec 20, 2006 8:34 pm)

billmv...thx...but where do people get these factors that are all over the internet. if u plug in these factors i should get a better deal than ive been quoted. of course im going to go in and wheel and deal. is it best just to go in an demand a certain lease monthly price? let them figure out how to obtain it?
#323 of 723
2007 X-3 Leasing Question by chasieboy
Dec 22, 2006 (3:19 pm)
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I got quote today,here are the number he gave me
 
X-3 PREMIUM PKG,PRIVACY GLASS,XENON,METALIC,NAVIGATION
 
MSRP=44000
SALE PRICE=40000
MF-.0019
RESIDUAL=28000
TERMS-24 MONTHS/12K=514-INCL TAX
TERMS-24 MONTHS/15K=546-INC TAX
TOTAL DRIVE OFF=$1.974
 
wHAT DO U GUYS THINK?IS THIS A PRETTY GOOD DEAL..LET ME KNOW,THANKS
#324 of 723
2007 X-3 Leasing Question by chasieboy
Dec 22, 2006 (4:10 pm)
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DISREGARD MSG 323
I got quote today,here are the number he gave me
  
X-3 PREMIUM PKG,PRIVACY GLASS,XENON,METALIC,NAVIGATION
  
MSRP=44570
SALE PRICE=42388
MF-.0019
RESIDUAL=34000
TERMS-24 MONTHS/12K=514-INCL TAX
TERMS-24 MONTHS/15K=546-INC TAX
TOTAL DRIVE OFF=$1.974
 
IS THIS A GOOD DEAL?
#325 of 723
Re: 2007 X-3 Leasing Question [chasieboy] by morrisonm
Dec 23, 2006 (11:18 am)
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Replying to: chasieboy (Dec 22, 2006 4:10 pm)

This is the exact care i am looking to purchase.
 
I am willing to put down 4,000.
 
I want the purchase price to come in at 42,000 and my montly to be in the low 400's.
 
Not sure if it is possible.
#326 of 723
Additional Deposits by getwired
Dec 26, 2006 (2:21 pm)
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All,
 
I currently have a lease with BMW. I understand that current customers receive the lower money factor without having to make the security deposit.
 
If this is the case, how many additional deposits can I make to lower the money factor. Is it still 7, or can I now make it 8 total?
 
Thanks!

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