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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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#721 of 723 Re: 2007 X3 end of lease options- UNBELIEVABLE! [biggd] by kyfdx HOST Oct 01, 2009 (3:08 pm)
Replying to: biggd (Oct 01, 2009 11:37 am) 1) You won't be able to extend the lease at any reasonable price, so just can that option..   2) Contact BMWFS... Tell them you might be interested in purchasing your car, but nowhere near that inflated residual... ask them to give you a realistic price, and you might consider it... Sometimes, they'll drop the residual... sometimes not..   3) If 2) doesn't work.... contact your dealer, and tell them the same thing.. You might be interested in purchasing your car, but not at that price... Can you save me a substantial amount? BMWFS will sell the car to the dealer for the MMR (auction) price. They'll mark it up to make a profit (the key is:how much), but you should be able to get it cheaper..   4) If all else fails, do not buy the car for the residual... You got a great lease deal because of that unrealistic residual.. If you buy the car for that amount, you give your great deal back to BMWFS...   Good luck! kyfdx Host-Prices Paid Forums
#722 of 723 2005 X3 for under $20K? by pp2009pp Oct 02, 2009 (10:32 am)
What about a used instead?   I would, of course, say RUN far, far away but what about a used one instead? This idiotic car is at the end of its run anyway and they will start manufacturing them in NC instead of in an Austrian OEM plant.   Drive a cheapo used one for a few years and see what comes up next. I don't know if this is a good bet but will they actually bother to fix the ride and the transmission problems? Maybe they will revert back to the 5 speed transmission or, heck, maybe not.   At any rate, why take the risk?
#723 of 723 X3 lease end residual question by donja Oct 26, 2009 (8:06 am)
I'm coming in at the end of December on my 3yr 2007 X3 lease. Sport pkg, premium pkg, cold weather pkg; no navigation. My cap cost reduction pmt was $2974, monthly pmts made total $22248, contract residual value is $30799. I've been happy with the vehicle and would like to purchase it. I've seen some blogs where people have claimed to get as much as $9000 off the residual from BMWFS. Anyone else have experience with BMW reducing the residual amount to entice a lease-end purchase?

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