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Prices Paid: Buying & Leasing Experiences 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
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Replying to: kyfdx (Sep 19, 2005 11:57 am)  And, by the way, I DID need you, or else I never would have had the confidence to make this deal (I was shaking the entire time I was on the phone!!) I can't believe it worked out this well. If the Edmunds.com powers that be are watching these forums...you are doing a great service to us novice's out here on our own. Thank you, thank you, and thank you again! We're not worthy!!!!!!
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O.K. Here's the dilema - our current lease on our Volkswagen is up in March (have suffered through 3 miserable winters with this car and not looking forward to a fourth) we are looking to lease an X3 - the 349/month deal which only goes until the end of the month - is it a legitimate deal and should we take advantage now or do you think that we will be able to get a good deal in a few months when we have a bit more money saved to put down and are closer to the end of our current lease? Any thoughts?
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Replying to: mmg3 (Sep 19, 2005 6:19 pm) Just wait it out... If the X3 leases aren't great at that time, there will be something else to catch your fancy.. IMO, February and March are typically great months to lease vehicles... Incentives seem to be good, and residuals are still high... regards, kyfdx Host-Prices Paid Forums |
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For 10K and 12K per year - 36 months. Thank you |
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What is the current advertised lease program for the 2006 X3? I have not seen any? Is it better at this time of year to lease an '05 or '06? Thanks |
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You're in luck, drtravel. BMW just introduced a special lease program on the 2006 X3 for the month of October. If you were to lease a 2006 BMW X3 3.0 through BMW Financial Services right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00175 and 62%, respectively. Its 10,000 miles per year residual value would be 1% higher, but the money factor would be the same. Car_man Host Smart Shopper / Prices Paid Forums |
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HI lizab. BMW is currently advertising the 2006 X3 at $429 per month for 36 months with a $2,500 down payment and 10,000 miles per year. Like many manufacturers' advertised lease payments though I suspect that you can do better than this if you negotiate an attractive selling price. BMW's lease program on the 2005 X3 is actually a little more attractive than its program is on the 2006 model right now. The residual values the same but its money factor is lower on the '05 model plus you should be able to negotiate a lower selling price on a leftover '05 X3 than you would be able to on a new '06 model. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Oct 06, 2005 5:53 am) |
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| I am looking to negotiate a deal on a new '06 X3. I am getting the Prem,Nav,Cold Package and Privacy. The dealer gave me a start of a neg. $40,776. I am asking for $39500. I think that is fair. Also with one time payment...he gave me a neg 18944 for 15k/2 yrs. I think that is super high so I am asking for $16500 on one time pay. That works out to 540/mo +plus tax and fees. Is this a fair deal for the both of us? | |
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You're welcome lizab. Sorry to hear about your bad experience. You were smart not to walk away from a dealer that you do not feel comfortable with. Car_man Host Smart Shopper / Prices Paid Forums |
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