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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 (Jul 30, 2008 12:14 pm) What else do you hear about BMW's attitude toward leasing? I read in the paper today that Chase will no longer provide lease financing for Chrysler, and that does not bode well for the world of leasing in general. Any inside info might be VERY timely for many of us. Thanks!
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Replying to: billmv (Jul 30, 2008 10:30 pm) I wouldn't worry about leasing issues at BMW... We are seeing a correction to those residuals, but BMWs still have great resale.. Strangely enough, I just leased a Subaru this week.. and the financing was through Chase... Also.. none of this is "inside info".. I just read a lot..  regards, kyfdx Host-Prices Paid Forums |
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Hoping to lease a 2008 X3; Does anyone know what the money factors and residuals are on 36 and 24 months from BMW financial this month? I received the following deal from one dealer. New 2008 X3, White/Black, Premium, Cold Weather, Heated steering Wheel, Navigation, and Privacy Glass. MSRP is 45525. Sell price $43600. The 36 month lease with 20000 miles per year is $635, taxes included, $2500 required at signing. I know NJ has a 7% sales tax, not sure what the 2500 goes towards; but does this seem like an OK deal? Thanks
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Replying to: sshherman (Aug 13, 2008 2:26 pm) I am not personally all that familiar with what the market is like for the 7-Series right now, but you may be able to get an idea of the selling price that you were quoted is attractive or not by hopping on over to the "BMW 7-Series Prices Paid and Buying Experience" discussion. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Just leased 08 new X3, base model from Braman in Miami. Wasn't even looking at this vehicle but saw an ad and went to see if it was a bait. It wasn't. MSRP 39125, 24 MONTHS, 10000 per year, 359+tax. At signing only first month and taxes, total 723. I usually go thru the whole inquiry process of cap cost, mfactor etc, but it was clear that this was a great price. You need the owner incentive. The residual was 75% and I can't positively quote the Mfactor, but I think the incentive was for .0004 (.96% interest rate). This was after returning an 05 volvo s60 and was looking at an S40, but was quoted best price for a base S40 at $385 per month. Not much of a chance anyone goes for that-maybe that is why no one was there on a Saturday while the BMW dealer was loaded with customers.
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Replying to: abm2 (Aug 20, 2008 1:04 pm)  . Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: abm2 (Aug 20, 2008 1:04 pm) |
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I have a current BMW lease that will end next month. Can you let me know the current BMW customer loyalty residual and MF for a 2008 X3 and X5? Thanks,
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Can you tell me a good negotiated lease price per month MSRP 40975 10,000 miles 36months taxes and all fees plus 1st month paid and 3500.00 down, no security deposit. money factor is .00255 Residual value being used is 65% Northern New Jersey Dealer NY Tax of 8.13 paying up front Thanks |
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Replying to: kpj (Sep 22, 2008 10:42 am) BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 BMW X3 with 15,000 miles per year are .00240 and 62%, respectively. The numbers for an otherwise identical lease of an '08 X5 3.0si are .00200 and 53%, respectively on models that have the free Premium Package. The money factor is reduced by .00080 for non-Premium Package models. BMW was providing a money factor reduction on select models for returning BMW FS lessees, but I have not seen anything about it lately so it might not still be available. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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