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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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#422 of 723 Re: Just sealed an X3 deal [ninabeemer] by Car_man HOST Mar 05, 2007 (2:31 am)
Replying to: ninabeemer (Feb 27, 2007 10:00 am) Congratulations on your new X3, ninabeemer. Thanks for taking the time to share the details of your lease with everyone. This sort of information is always very helpful for others who are in the market for a similar vehicle. Enjoy your new ride!   Car_man Host Prices Paid Forum
#423 of 723 Re: BMW Financial Lease on 2007 X3 [jcinvestments] by Car_man HOST Mar 05, 2007 (2:38 am)
Replying to: jcinvestments (Mar 01, 2007 6:09 pm) Greetings jcinvestments. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   A base 2007 BMW X3 has a spread of a little over $3,000 between its full MSRP and its dealer invoice price. The discount that you were quoted, $2,220, is not bad. It actually looks like you were quoted a payment for a balloon note on this truck. Unfortunately, I cannot comment on the monthly payment that you were quoted because I personally do not keep tabs on the details of manufacturers' balloon note programs. Balloon notes are so much less popular than leases that I focus my efforts on just automakers' lease programs.   Car_man Host Prices Paid Forum
#424 of 723 Re: Help needed on X3 lease quote [mez2] by Car_man HOST Mar 05, 2007 (2:42 am)
Replying to: mez2 (Mar 02, 2007 1:04 pm) Hi mez2. The selling price that you were quoted for the X3 that you are interested in looks pretty good to me. The acquisition fee and money factor that you were quoted look a little high though. BMW Financial Services' current base lease acquisition fee is $625. That means that the dealer is marking your truck's fee up by $200. Also, BMW Financial Services' current buy rate lease money factor for the '07 X3 is .00200. When one subtracts 7 additional security deposits with a reduction of .00007 each from this we arrive at a buy rate of .00151. Make sure that this is the factor that the dealer you are working with uses to calculate your monthly payment.   Car_man Host Prices Paid Forum
#425 of 723 Re: MARCH M.F. FOR X3 [addi] by Car_man HOST Mar 05, 2007 (2:45 am)
Replying to: addi (Mar 03, 2007 4:47 am) Hey Addie. The '07 X3's buy rate lease money factor is the same in March as it was when you locked it in. Its current 24 month, 12,000 mile per year residual value is 75%. The $625 lease acquisition fee is set by BMW Financial Services. Individual dealers do not have the authority to waive this charge, but they are allowed to bark it up by a couple hundred dollars. BMW FS will waive its security deposit requirement at no charge for returning lessees, but I don't believe that it will waive its acquisition fee.   Car_man Host Prices Paid Forum
#426 of 723 Re: looking 4 the good, the bad and the ugly [jaffman] by Car_man HOST Mar 05, 2007 (2:48 am)
Replying to: jaffman (Mar 04, 2007 5:55 pm) Hi jaffman. This truck's lease payment will vary depending upon what sort of selling price you are able to negotiate. For now I will assume that you are able to negotiate a selling price of $1,000 over dealer invoice. According to my calculations, if you were to lease a 2007 BMW X3 that has an MSRP of $44,595 and a selling price of $42,030 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $482.   Car_man Host Prices Paid Forum
#427 of 723 TOO THE MAN by addi Mar 05, 2007 (6:39 am)
Thank you so much for the info. I did not realise the M.F. was good through 4/2/07. The dealer let on that he locked me in for 60 days. You have been a great help to me through this period. Tomorrow, 3/6/07 I get my 525i inspected and will turn it back in 3/31/07. This was my first lease and without your help and my digging in through BMWFS and the dealer this would not have been a good experience. Again many thanks!!!!!!!!!!!!!!!!!! Replies to this message: rnmom (Apr 22, 2007 5:26 am) gary55 (Apr 23, 2007 7:14 pm) Car_man (May 04, 2007 1:21 am)
#428 of 723 Do I have a decent offer? by jimabood Mar 05, 2007 (12:57 pm)
I'm looking at an x3. MSRP is 46,620. Invoice according to Edmonds is 42,435. Sale price is 44,320. Money factor is .0255 with 67% residual on 24 mo/12k lease. I'm putting down 3k plus 2,600 in fees resulting in a payment of $458/mo. They have suggested that i go with 12k miles instead of 15k because should I go over I can call up to 4 mo. from lease termination and increase mileage, and pay an increased amount of aproximately $40/mo for the last four months if I go over (6,000 est. overage). Replies to this message: Car_man (May 04, 2007 1:26 am)
#429 of 723 X3 lease quote by t_ho Mar 06, 2007 (12:53 pm)
Hey, first new car and first experience with leasing. I met with the Internet Sales Manager today and he offered the below. I would greatly appreciate any help in this process. Noticed when walking around afterwards that there are only 3 X3's on the lot and have heard from several sources that they are leasing very quickly in the area (Winter Park, FL...just outside of Orlando). Said he would not move on the price or Money Factor.   X3 - premium package,xenon headlights, bluetooth, privacy glass, metallic paint.etc    -36 month, 15K miles/year -MSRP-44,270 -Sell price = $41,970 -MF = 0.00225 -Residual: 65% -Tax, tag, title: $339 -Document fee: $300 -Acquisition fee: did not state in initial meeting. -Security deposit: $580    Lease: $530 before taxes.   What do you think of this deal? Replies to this message: Car_man (May 04, 2007 1:31 am)
#430 of 723 Under miles - benifit??? by jojo718 Mar 08, 2007 (6:00 pm)
I am new to this site and currently in my first lease. I currently have an 04' X3 w. about 16K on it in it's final year of a 3 year/ 30k mile lease; my first question would be if BMW has some sort of reinbursement or benifit to me for the added value due to the lower mileage????   Second question would be if anyone has used their BMW C.C. benifits toward their current lease - "up to 5ktowards your lease" - is this as simple and straight forward as it is presented????   I love the fact that this website exists - I have read the posts for some time now. This is my first post and it has been coming for some time now..My current lease is up in Sept. 07' and I intend on releasing another X3... hopefully by then the new 3 series 300 hp engine will be an option.   One last question - sorry - do you reciweve the same discounts when you order a custom X3???? Thanx for the help, you guys are a great resource.... Replies to this message: Car_man (May 04, 2007 1:39 am) jojo718 (May 29, 2007 10:06 am) Car_man (Jun 05, 2007 2:08 am) and 1 more...
#431 of 723 Quick question, getting ready to lease by drews1 Mar 12, 2007 (2:31 am)
Hello all, I'm looking to lease a 07 X3 w/ MSRP $43920 and sell price of $41600. What is the proper money factor and residual % that I should be looking for on a 36month 12K year lease with zero down? What would the payment be based on these factors?   Thank you for your help and a wonderful site.... Replies to this message: Car_man (May 04, 2007 1:41 am)

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