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BMW X3 Lease Questions

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

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

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#409 of 723 BMW X3 - final Verdict by buzzbomb999 Feb 23, 2007 (10:43 pm)
I signed the papers:   X3 - premium package, privacy glass, metallic paint.   -36 month, 12K miles/year -Sell price = Invoice = $39,215 -MF = 0.002 -Bank fee = $725 (I know I gave up $100) -I did do a security deposit of $500 to get the MF. Figured saving .00015 in MF worth roughly $360 is worth letting them hold $500 of my dollars for 3 years. Hard to make $360 off of $500 in other ways. -traded in old BMW with problems. 1994 540 valued at 6K in KBB but had many, many problems that would make selling very difficult. Got $2,500 for it.   $456.00 monthly payment including 8.5% sales tax.   Bottom line is I drove away with the X3 of my choice,first month paid for, traded in my car, put $500 down for security, and now pay $456/month. Only out of pocket aside from loosing my old problematic car was the $500 security.   I think I did well. Please feel free to burst my bubble if I am wrong because I am very new at this. If I did anything right it was because of this discussion. I had to bounce between the internet departments in multiple dealers. Some lied to me by saying that the 0.0024 MF was required by BMW financial (among other things) and others were good to work with.   I hope some of this helps because I was helped by others.   Thanks car man and kfydx and everyone else who shared here. Replies to this message: Car_man (Mar 05, 2007 2:24 am)
#410 of 723 BMW X3 2007 Lease by laurawiz Feb 24, 2007 (6:58 pm)
I am planning to lease a 2007 X3 with sport package by May 2007. I need 18K miles per year. I live in NY/Long Island area. What can I expect to pay. What is the current money factor and a good residual? I want to leave the least amount down and pay taxes in the monthly payments. Replies to this message: Car_man (Mar 05, 2007 2:29 am)
#412 of 723 Just sealed an X3 deal by ninabeemer Feb 27, 2007 (10:00 am)
All:   Just posted this on the Prices Paid section:   MSRP: $43,370 Net Cap Cost : $40,965 (about $1K over invoice) Acquisition Fee: $ 625 Adjusted Cap Cost: $41,590 Terms: 36 mo / 12K miles per year / $0 down, no trade Residual: 67% MF: .002 Acquisition Fee: $625 Payment: $492.23 / month    This site is a fantastic resource for this type of information. I would have paid much more without doing the research here. Thanks everyone. Replies to this message: Car_man (Mar 05, 2007 2:31 am)
#413 of 723 Re: BMW Financial Lease on 2007 X3 [Car_man] by jcinvestments Mar 01, 2007 (6:09 pm)
Replying to: Car_man (Feb 23, 2007 3:57 am) Hello Car_Man, I am new to leasing and I am not sure that this is a good offer. Can you advise?   The reason to trade and get into leasing is to lower my payments. I currently own a 2004 BMW X3 3.0 26,000 miles that I will use as a trade. Current payment $700.   Lease offer (24months-10000miles) MRSP+options: $45470 Selling price: $43250 Trade Value: $27500 Trade Payoff: $23930 Residual: 78% Ballon: $35466 Principal: $5996 Principal Payment: 266 Interest on ballon:189 Amount to finance including sales tax: $41462 Interest Rate: 6.4%   Monthly payment: $455.99   Thank you. Replies to this message: Car_man (Mar 05, 2007 2:38 am)
#414 of 723 Help needed on X3 lease quote by mez2 Mar 02, 2007 (1:04 pm)
Alright, I was about to put a deposit on a X3 today but wanted to see if there is something hidden in the deal.   X3 MSRP $41,000 Sales Price $38,400 Adjusted Cap $40,571.64 Includes $825 Aquisition fee and some thing else. 67% residual on 3yr 12K year lease Mulitple security Deposits Total of 8 for a money factor of .00176 Payment = $483.68 including our 6.75% sales tax.   How am I doing? Replies to this message: Car_man (Mar 05, 2007 2:42 am)
#415 of 723 MARCH M.F. FOR X3 by addi Mar 03, 2007 (4:47 am)
Hello Car_Man,   In February I locked in the .002 M.F. for sixty days. My lease is up March 31st. When you can, would you please let me know what the M.F. and Resid is for a 24 month lease (12.0 miles) during March. Also, does BMWFS set the Aquisition Fee? Can BMWFS waive this fee? THANKS MUCH, Addie. Replies to this message: Car_man (Mar 05, 2007 2:45 am)
#416 of 723 Re: NJ X3 Lease Price - [dollar_pound] by rcarr5 Mar 03, 2007 (8:14 pm)
Replying to: dollar_pound (Jan 08, 2007 4:24 pm) Hey Dollar_pound,   Would you mind letting me know what dealer you got your lease through? I am in NJ and looking into X3 leases.   Thanks,   Rcarr5optonline.net
#417 of 723 Re: 2007 X3 Lease: Deal or No Deal? [ninabeemer] by Car_man HOST Mar 04, 2007 (10:59 am)
Replying to: ninabeemer (Feb 23, 2007 7:37 am) You're very welcome, ninabeemer.   Car_man Host Prices Paid Forum
#418 of 723 Re: X3 Lease Offer Revised [buzzbomb999] by Car_man HOST Mar 04, 2007 (11:02 am)
Replying to: buzzbomb999 (Feb 23, 2007 9:56 am) Hi buzzbomb999. The money factor that you were quoted is right in line with BMW Financial Services' current buy rate for a lease of an '07 X3 with a waived security deposit. The selling price that you were quoted isn't bad either. Having said this, the dealer is trying to mark your acquisition fee up by $100. Make sure to take the mark-up into account in your evaluation of this deal. Also, you may want to stop by the following discussion to see how much other community members have paid for similar trucks lately: "BMW X3: Prices Paid & Buying Experience".   Car_man Host Prices Paid Forum

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