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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
| Can someone let me know how much a lease is going for in Newyork on a 2008 BMW X3? | |
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Replying to: Car_man (Nov 17, 2008 4:56 pm) X3/36 month/12k and 15k thanks!
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If I find a 2007 that has 10k miles on it, but never titled, sold, registered that is being sold as new from dealer, would the residual value be based on MSRP, what I actually pay for it or somewhere in between? Would the percentage be worse just the fact that it is a 2007? What about money factor? Thanks for any help.
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Replying to: quasarba (Nov 20, 2008 12:19 pm)
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Replying to: soonercat (Nov 21, 2008 5:48 am) $750 above invoice good on 2008? True only 7% markup from invoice to MSRP? How much less is true cost than invoice?
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Replying to: quasarba (Nov 21, 2008 11:23 am) MSRP = ~45,300 Neg. Cap Cost = 42,025 12K miles for 36 months Res: 64% MF= 0.00125 $1 K down (~$2k to start including first month's payment) $485 per month. I can't complain too much as the '08's are getting scarce and I got most of what I wanted on the car. |
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Replying to: soonercat (Nov 19, 2008 7:47 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Dear CarMan - Many thanks for all of the great info you provide out here! VERY Much appreciated. Any word on the Dec. 2008 lease numbers? Too early? In partcular, looking for 2009 BMW X3, 12K miles/year. Also, BMW just announed that sales of BMW brand vehicles decreased 36.1 percent in November for a total of 15,217 compared to 23,808 in November 2007. Year-to-date BMW brand sales were down 12.3 percent, to 231,053 vehicles compared to 263,596 vehicles sold in the same period in 2007. (Story here - http://www.forbes.com/prnewswire/feeds/prnewswire/2008/12/02/prnewswire200812021- 418PR_NEWS_USPR_____NYTU148.html) Thanks CarMan!
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I just got a breakdown for my lease and the dealer includes "assignment fee" for $925 - what is this? Is this marked up? Also, he is marking up the MF at .165% - does this even make sense? Shouldn't it be .00165 regardless. Its obvious he is changing it because they sent me all four terms 24/30/36/42 months and they are all the same MF. Funny. Any tips on negotiating the MFdown & what is an assignment fee? THANKS! |
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Replying to: kawakibi (Dec 04, 2008 2:21 pm) I don't know about assignment fee, maybe Carman can help. But on my last lease on X3, there was no such thing. On the MF, a dealer I talked to said that they are allowed to mark it up by 0.0004. It adds up to about 1% more on the rate. On a typical X3 lease, that could add up to $500-600 a year. In essence they double dip on you. My suggestion is to try to negotiate and if they won't budge, go to other dealers. |
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