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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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#412 of 723
Just sealed an X3 deal by ninabeemer
Feb 27, 2007 (10:00 am)
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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.
#413 of 723
Re: BMW Financial Lease on 2007 X3 [Car_man] by jcinvestments
Mar 01, 2007 (6:09 pm)
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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.
#414 of 723
Help needed on X3 lease quote by mez2
Mar 02, 2007 (1:04 pm)
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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?
#415 of 723
MARCH M.F. FOR X3 by addi
Mar 03, 2007 (4:47 am)
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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.
#416 of 723
Re: NJ X3 Lease Price - [dollar_pound] by rcarr5
Mar 03, 2007 (8:14 pm)
Reply

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)
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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)
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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
#419 of 723
looking 4 the good, the bad and the ugly by jaffman
Mar 04, 2007 (5:55 pm)
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I have been told that prices on an X3 lease change monthly. I like to take the bottom line approach, and was hoping that someone out there would be kind enough to post what they believe to be a good monthly lease price for this month (march '07), an average lease price and a "bad" (i.e., expensive) lease price that i can expect to receive from dealers in the nyc metropolitan area. Im looking for a 36 or 39 month lease (whichever is the better program), 12k miles/yr, all possible payments rolled into the lease with edmunds telling me that the msrp with the options i want is $44,595, an invoice of $41,030 and a tmv price of $44,320. thanks to all, in advance.
#420 of 723
Re: BMW X3 - final Verdict [buzzbomb999] by Car_man HOST
Mar 05, 2007 (2:24 am)
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Replying to: buzzbomb999 (Feb 23, 2007 10:43 pm)

Hi buzzbomb999. A selling price of dealer invoice plus no mark-up of your truck's money factor is an excellent deal on an '07 X3. Who cares about a $100 acquisition fee mark-up when the deal is this good. Congratulations and enjoy your new ride .
 
Car_man
Host
Prices Paid Forum
#421 of 723
Re: BMW X3 2007 Lease [laurawiz] by Car_man HOST
Mar 05, 2007 (2:29 am)
Reply

Replying to: laurawiz (Feb 24, 2007 6:58 pm)

Hi laurawiz. I can give you an idea of what BMW's current lease program for the 2007 X3 is like, but it is only scheduled to run through April 2nd. There is a good chance that the program that is available on this truck in May will be different than the one that is available on it today. You never mentioned how long you want to lease this truck for, so for now I will assume that you want a 36 month lease. Let me know if you want something different. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 BMW X3 with 15,000 miles per year are .00200 and 65%, respectively. 15,000 miles per year is the highest mileage allowance that BMW FS publishes residual values for. If you need to drive more than this, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until the end of your lease and have to pay an excess mileage penalty.
 
I would be happy to use this lease program to estimate what the monthly payment should be like on the exact truck that you are interested in, but in order for me to do so I need you to provide me with its full MSRP and approximate selling price. Let me know what these numbers are and I'll do some calculations for you.
 
Car_man
Host
Prices Paid Forum

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