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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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#616 of 723
Re: What am I missing? [justwntd2know] by Car_man HOST
Jun 04, 2008 (3:07 am)
Reply

Replying to: justwntd2know (May 18, 2008 12:28 pm)

Hi justwntd2know. The following Edmunds.com article shows how monthly payments for leased vehicles are calculated: Calculate Your Own Lease Payment.
 
The two most important numbers to focus on when negotiating a lease are your vehicle's selling price and its money factor. These are the two main profit centers for dealers. Shop around and negotiate the lowest possible selling price on the X3 that you want. I would not be surprised if you were able to negotiate a price that's fairly close to dealer invoice in the ultra-competitive Southern California market.
 
Once you have a price that you are comfortable with, have the dealer calculate your truck's monthly payment using BMW FS' buy rate lease money factor of .00240 (with the payment of a security deposit at lease signing).
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#617 of 723
Re: They Are [justwntd2know] by Car_man HOST
Jun 04, 2008 (3:11 am)
Reply

Replying to: justwntd2know (May 19, 2008 7:16 am)

Hey justwntd2know. BMW FS' buy rate lease money factor for the '08 X3 is currently .00240 for first time customers who pay a security deposit at lease signing. BMW will waive its security deposit requirement in exchange for a .00015 money factor increase.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#618 of 723
June 24 month lease numbers? by lfm3
Jun 06, 2008 (9:38 am)
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I'm looking for the BMWFS MF and residual on a 24 month 10,000 mile/yr X3 lease. Has the MF been reduced from .00250 in May to .00240 in June on the 24 month term as well?
Has the Owner Loyalty Program MF reduction of .00090 in May also changed for June?
Have they added an option credit or other dealer cash to the X3 for June?
I'm in San Francisco - any regional credits/incentives etc?
Thanks
#619 of 723
Re: June 24 month lease numbers? [lfm3] by Car_man HOST
Jun 23, 2008 (1:22 am)
Reply

Replying to: lfm3 (Jun 06, 2008 9:38 am)

Hi lfm3. BMW Financial Services' June buy rate lease money factor and residual value for a 24 month lease of a 2008 BMW X3 with 10,000 miles per year are .00240 and 75%, respectively. I believe that the owner loyalty money factor reduction is still .00090 on this model. BMW is still not providing any option credits on the X3.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#620 of 723
Re: June 24 month lease numbers? [Car_man] by suznsax
Jul 11, 2008 (2:11 pm)
Reply

Replying to: Car_man (Jun 23, 2008 1:22 am)

Hi Car_man
Do you happen to know what BMW FS July money factors and residual value for a 36 month lease of a 2008 BMW X3 with 10,000 is? Thanks!
#621 of 723
Re: June 24 month lease numbers? [suznsax] by userla
Jul 16, 2008 (12:41 pm)
Reply

Replying to: suznsax (Jul 11, 2008 2:11 pm)

suznsax -
 
Leasecompare.com just posted them recently:
 
http://www.leasecompare.com/auto_leasing_forum/viewtopic.php?f=18&t=3212
#622 of 723
Re: June 24 month lease numbers? [suznsax] by Car_man HOST
Jul 21, 2008 (2:21 am)
Reply

Replying to: suznsax (Jul 11, 2008 2:11 pm)

Here's the information that you're looking for, suznsax. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW X3 with 10,000 miles per year are .00200 and 62%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#623 of 723
New Lease Offer --good or bad? by mlassit
Jul 30, 2008 (11:54 am)
Reply
I'm trying to make end-of-lease (3 yr/12K mi) decision on my BMW X-3. X-3 I'm returning in excellent condition and only 33k mi so 3k below. Offer from local BMW dealer is below. Is this good or bad or somewhere in between?
 
MSRP$ 43,000
Floor mats $145
Discount -$1850
Sales price $41,295
Trade allowance $19500
Difference $21795
Tax $1292
Tag/title $59.50
Processing fee $399
Total $235454.73
Trade payoff $19480
Balance Forward $43025.73
 
Cash down $2683
36 mos payment $532
#624 of 723
Re: New Lease Offer --good or bad? [mlassit] by kyfdx HOST
Jul 30, 2008 (11:59 am)
Reply

Replying to: mlassit (Jul 30, 2008 11:54 am)

If you are returning your leased BMW, why is there a trade involved, at all?
 
Is it a lease, or a balloon payment? Are you in Illinois or Texas?
 
regards,
kyfdx
#625 of 723
Re: New Lease Offer --good or bad? [kyfdx] by mlassit
Jul 30, 2008 (12:08 pm)
Reply

Replying to: kyfdx (Jul 30, 2008 11:59 am)

Virginia
 
Lease -- No clue why the trade. It was their creative way of getting payments close to current lease payment.

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