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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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#653 of 723 Re: HELP! Looking to lease 08 X3. Deal or no deal? [kyfdx] by m3ser2005 Oct 18, 2008 (6:49 am)
Replying to: kyfdx (Oct 18, 2008 6:16 am) yeah, I hear you. Taxes are a lovely thing. This is the third car I've leased. My accountant has cleared it in my past leases and has told me why, I just can't remember. I'll take the deduction this year because I need it.   Interesting on the mileage thing. I'm going to double check this.   5K due at signing and drive. Come on, the hat and jacket are worth $5000 alone. At lease the parts for my 95 LWT M3 are right up there. Replies to this message: kyfdx (Oct 18, 2008 7:10 am)
#654 of 723 Re: HELP! Looking to lease 08 X3. Deal or no deal? [m3ser2005] by kyfdx HOST Oct 18, 2008 (7:10 am)
Replying to: m3ser2005 (Oct 18, 2008 6:49 am) Really...that's a good deal..   Dealership, city and state?   I've been shopping for an X3 myself..
#655 of 723 May want out of a 2007 x3 lease 15Kmi/yr by hhgolf Nov 09, 2008 (5:45 pm)
The residual will be about $29K in Feb2010. I will not have fully used all 45K miles, I only have 21K now. The real Q is should I buy and could I deal below residual. Or is it worth dumping it sooner? Just may be tiring of the truck. Replies to this message: Car_man (Nov 17, 2008 4:54 pm) billmv (Nov 17, 2008 11:14 pm)
#656 of 723 November 08 MF/Residual please by bzee Nov 10, 2008 (3:34 pm)
Carman,   Please post 2008 Nov MF/Residual for :   2008 X3 36mth / 12K 2008 X3 24mth / 12K   Thanks.. Replies to this message: Car_man (Nov 17, 2008 4:56 pm) soonercat (Nov 19, 2008 7:47 am) Car_man (Dec 01, 2008 2:41 am)
#657 of 723 Recent Lease Quote. Calculations off? by gnochman Nov 14, 2008 (6:12 pm)
Hello Could someone run through the numbers for me here? I've used various online calculators and did my own equations and the numbers aren't consistent. '08 x3 $45,300MSRP Negotiated price = 42,900 MF = .00125 Res = .64 36 months at 12K miles tax is roughly 5.5% Replies to this message: billmv (Nov 14, 2008 9:25 pm)
#658 of 723 Re: Recent Lease Quote. Calculations off? [gnochman] by billmv Nov 14, 2008 (9:25 pm)
Replying to: gnochman (Nov 14, 2008 6:12 pm) $502.39 if tax is exactly 5.5%.
#659 of 723 Re: May want out of a 2007 x3 lease 15Kmi/yr [hhgolf] by Car_man HOST Nov 17, 2008 (4:54 pm)
Replying to: hhgolf (Nov 09, 2008 5:45 pm) Hi hhgolf. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.    You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now.   Given the precipitous fall in used vehicle values over the past year, particularly for trucks, you likely find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#660 of 723 Re: November 08 MF/Residual please [bzee] by Car_man HOST Nov 17, 2008 (4:56 pm)
Replying to: bzee (Nov 10, 2008 3:34 pm) Here you go, bzee. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2008 X3 with 12,000 miles per year are .00125 and 72%, respectively. The numbers for an otherwise identical 36 month lease are .00125 and 64%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: soonercat (Nov 19, 2008 7:47 am) Car_man (Dec 01, 2008 2:41 am)
#661 of 723 Re: May want out of a 2007 x3 lease 15Kmi/yr [hhgolf] by billmv Nov 17, 2008 (11:14 pm)
Replying to: hhgolf (Nov 09, 2008 5:45 pm) hhgolf......I'd try to get someone to assume the lease. Go to www.swapalease.com and post your vehicle there. It's a pretty good spot to get out of a lease you no longer want. I've picked up two vehicles there.
#662 of 723 BMW 2008 X3 by bernsj Nov 18, 2008 (1:01 pm)
Can someone let me know how much a lease is going for in Newyork on a 2008 BMW X3?

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