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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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#464 of 723
Re: Money Factor for April/May for X3 Lease [Car_man] by proth
May 14, 2007 (1:40 pm)
Reply

Replying to: Car_man (May 04, 2007 1:55 am)

Thanks for the info. It's appreciated.
#465 of 723
Need to know higher residual values by joechicago7
May 20, 2007 (9:08 am)
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Replying to: kyfdx (Dec 15, 2005 5:08 pm)

Hello everyone,
 
36 month - 15k/year leases use a residual value of 0.65
 
Can someone let me know the residual value for high mileage leases? (such as 16k, 17k, 18k, and 20k)?
 
Thanks
#466 of 723
Memorial Day Specials? by 4kids
May 22, 2007 (3:09 pm)
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Hi...we were interested in leasing an X3...we should've done so in Jan when the programs were really good...but anyhow, does BMW offer specials during the Memorial Day Weekend? I called a few dealers and some said yes and some said no and weren't able to give much more info than that. Any predictions?
#467 of 723
2007 X3 Lease (Good Price?) by shagzie
May 22, 2007 (11:34 pm)
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My first lease and also first car purchase alone. I'm thinking about walking in with these numbers:
MSRP: $47,660
Purchase Price: $45,917.00
36mnths 10k miles
MF: .00255 (given by local dealer)
Residual: 68% (given by local dealer)
Trade-in: $8,500
WV sales tax: 5%
Acquisition: $795 (given by local dealer)
Security Deposit: $400 (given by local dealer)
 
With the edmunds calculator, my monthly payment would be $381.11, if I did it correctly. Are these good numbers, talk them down lower, or just wait cause this isn't a good time for an X3 lease? Being female, I'm just worried about getting ripped off. Thanks!! April
#468 of 723
Re: 2007 X3 Lease (Good Price?) [shagzie] by joechicago7
May 23, 2007 (8:15 am)
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Replying to: shagzie (May 22, 2007 11:34 pm)

I bought an X3 this week (in the chicago area) and I got $2,600 under MSRP. You are only getting a $1,743 discount.
 
Also, I had a trade-in and I just took the trade in value upfront. Your payment will be higher and you might lose the sales tax break, but you don't risk losing the money if your car is stolen or totaled.
#469 of 723
Re: 2007 X3 Lease (Good Price?) [joechicago7] by shagzie
May 23, 2007 (9:17 am)
Reply

Replying to: joechicago7 (May 23, 2007 8:15 am)

Thanks Joe. I came up with the $1,743 number on Edmunds (what people are actually paying for this exact car). So now I want at least that but will go for more. Maybe I'll buy the Negioations for Dummies book The gentleman at the the dealership stated that Gap insurance is included in the lease. I'll have to look into the details but I just assumed if the car was stolen or totalled, that would be taken care of. At the end of the lease, I am still considering purchasing it. I'd also thought of maybe putting down half of the $8500 and putting the other in a good savings account to use later if I did decide to do so. Thanks again, April
#470 of 723
Re: 2007 X3 Lease (Good Price?) [shagzie] by shagzie
May 23, 2007 (9:23 am)
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Replying to: shagzie (May 23, 2007 9:17 am)

I read your message again, and now I understand what you're saying about putting the $8,500 down. I'd still be losing it if the car was stolen or totalled. Sorry I'm a little slow today. April
#471 of 723
Re: 2007 X3 Lease (Good Price?) [shagzie] by joechicago7
May 23, 2007 (9:45 am)
Reply

Replying to: shagzie (May 23, 2007 9:23 am)

Yes. Just taking the $8,500 upfrount would add about $250 to your monthly payment.
 
Your car must really be loaded. Mine was loaded with a MSRP of $45k. You must be getting the sport package and 18" wheels also.
#472 of 723
Re: Under miles - benifit??? [Car_man] by jojo718
May 29, 2007 (10:06 am)
Reply

Replying to: Car_man (May 04, 2007 1:39 am)

Thanx for the follow-up "Car Man". Do you know anything about the Credit Card points.. have you or anyone cashed those in??? Was it straight forward or not??? I'm gonna take the hit on the miles, but probably order my custom vehicle. Any further advise you can offer will be greatly appreciated....
#473 of 723
Lowering my Monthly Payment by taterelder
Jun 03, 2007 (1:25 pm)
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hey I was looking to lease a New X3. when I contacted the Dealership (in Kansas City) a fully loaded MSRP around 46,000 -- 36 months -- 15k/year mileage was like $715 a month. I haven't yet been in to negotiate a lower price off the MSRP, but how are you guys getting these leases for the $450 - $550 range? they said that the taxes and licensing was included, will just negotiating the purchase price to about $43,000 get my lease under $600? or how in the world can I get my lease payment near the $500 range?

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