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BMW X3 Lease Questions

1112 messages,  Last post on Jun 18, 2013 at 9:11 AM

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What is this discussion about? BMW X3, Car Leasing, SUV

    

Messages Page 12 of 112

#105 of 1112 Lease and Love information. . . by markcincinnati

Jan 17, 2006 (2:45 pm)

Our 8+ month old 2005 BMW X3 is one of my wife's favorite cars EVER (and she and I combined since 1977 have had 28 Audis and 2 BMW's -- take a deep breath that did include several company cars that were Audis.)
  
She got the 3.0 with the 6spd manual and
  
Premium
Sport
Cold Weather
Sound system upgrade
Bi Xenons
Servotronic
Sat Nav
Sirius
Chrome tail pipe extensions
In car built in/removable Sony Ericsson T637 Bluetooth and mounted phone.
BMW specific (dealer sold) Kleen Wheels
  
And probably a couple other things I forget right now.
  
MSRP including shipping and the three accessories mentioned above ~$47K; we put $250.00 down (for the Servotronic), sec dep and got a 36 month 15K per year lease including tax (state of Ohio) for $581/mo.
  
We custom ordered the car, it took 7 weeks to come in -- black gloss (at the time the bumpers ONLY came in black, now they are body colored) with the Terracotta Leather Sport seats and the light birch wood.
  
We have had the wiper blades changed once, it has over 13,000 miles on it and we have had to add one pint of oil during this period of time. Picked up the car in May 2005, car was built in April 2005. Only other visits to dealer are for weekly free car washes Starbucks and choc chip cookies avail to all customers all day Saturday.
  
I assume there are changes in the 2006's beyond the dressed up bumpers.
  
We thought the vehicle with the 5spd auto was adequately powered as the transmission seemed to hunt a lot (Cincinnati is the city of "7 Hills.") With the 6spd manual it was a blast and the mileage is good (~24 highway around town; in the city ~20; on long trips over 25mpg even with the A/C on.)
  
Regrets: we didn't get the home link transmitter option (didn't know it didn't come with it); we didn't get the privacy glass option (the only one we've seen without it is ours); AND MAYBE the power folding mirrors, but frankly this has never been a problem so for $350 or whatever, we might re think that one.
  
Encourage others to: ORDER the car with SERVOTRONIC it is "only" $250 and it transforms the steering and feeling you get via the wheel. It was here in Cincinnati a sold order option only. Beats me why. The stock sound system is lame. The upgraded system with Sat Radio and the single CD in dash is very nice.
  
It is a BMW -- it is NOT based on a truck. It is NOT really an off road vehicle. It rides higher than a BMW sedan and has a firm suspension. It handles, therefore, like a somewhat taller sport sedan from Germany -- the ride is firm, at slower speeds on a "washboard" surface the sensation can be one of being jostled. This happens, to us here in Pot Hole Central, less than 5% of the time.
  
This is a relatively quiet vehicle, but there is a bit less isolation than in a similar Lexus -- some people love this (my wife) some don't want to hear or feel the road -- hell, some don't even want to see the road. The X3 needs a slight upgrade to the material covering the dash. This has not been and I suspect it will not be a durability issue, it is an appearance issue. It seems to look better in black which hides the coarse pebble grain of the dash.
  
With a high contrast interior, like Terracotta, it is not really too much of an issue, but for $47K you'd think they would take a page out of the book of the 3 series or from an Audi A4 for Pete's sake.
  
Confidence inspiring is what my 50 year old lawyer wife says after 3 Audi TT 225HP coupes and a dozen Audis of various ilks since her first Fox in 1979.
  
She likes being slightly higher off the road and the feeling of the X drive when we have one of those nasty but brief Cincinnati Snowstorms (luckily only 1 this year.)
  
Hope this helps if you are a shopper at this moment in time. The deals, too, seem to be quite good as the residual (subvented or not, who cares?) on these cars seems impressive.
  
Drive it like you live.
  
 

#106 of 1112 Re: Lease and Love information. . . [markcincinnati] by Car_man HOST

Jan 19, 2006 (4:32 am)

Replying to: markcincinnati (Jan 17, 2006 2:45 pm)
Thanks for taking the time to post such a detailed message about your lease, markcincinnati. I'm amazed that you've had over 28 Audis . What made you switch to BMW? Did you just get sick of them or did you get a bad one?
 
Car_man
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#107 of 1112 Lease X3 in NY by mnovodvor

Jan 24, 2006 (9:33 pm)

Hi,
I wanted to ask your opinion on the deal I am considering here in NY:
X3 White/Terracotta 2006
Premium Package, Heated Seats, Privacy Glass
The MSRP comes to $40,220
The lease I was quoted was
36 motnth/10,000
$495 per month before taxes
$3,495 due at signing ( including 8.25% NY sales tax)
Does it seem fair?
I want to get as low as $470 per month, do you think it is reasonable?
Also, in general do you get a better pricing when you buying off the lot, or when ordering and waiting 8 weeks?
thank you, appreciate your comments.
michael

#108 of 1112 Re: Lease X3 in NY [mnovodvor] by Car_man HOST

Feb 09, 2006 (3:51 am)

Replying to: mnovodvor (Jan 24, 2006 9:33 pm)
Hi Michael. You never mentioned the selling price of the X3 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work give you my opinion on this deal if you let me know what its selling price is.
 
Generally speaking, dealers usually prefer to sell vehicles that they already have in stock to ordering them. The logic behind this is that when they sell a unit that they already have, they can stop paying floorplan interest on it. Plus, a lot can happen between the time that a consumer orders a vehicle and they take delivery of it. If you drive off in something that is in stock, they know that you won't back out of the deal like you can with an order.
 
Car_man
Host
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#109 of 1112 Re: Lease X3 in NY [Car_man] by mnovodvor

Feb 09, 2006 (6:37 am)

Replying to: Car_man (Feb 09, 2006 3:51 am)
Car_man, thank you for reply; I see what you are saying
The selling price quoted was 39,800.
So:X3 White/Terracotta 2006
Premium Package, Heated Seats, Privacy Glass
The MSRP comes to $40,220 ; Selling Price 39,800
The lease I was quoted was 36 motnth/10,000
$495 per month before taxes
0 down
$3,495 due at signing ( including 8.25% NY sales tax)
 
This seem high to me especially with this month deal;
what is reasonable monthly payment I can bargaain for?
 
thank you
michael

#110 of 1112 Re: Lease X3 in NY [mnovodvor] by kyfdx@Edmunds HOST

Feb 09, 2006 (9:09 am)

Replying to: mnovodvor (Feb 09, 2006 6:37 am)
My first reaction to your deal is that you aren't getting nearly enough off of the MSRP... $420 discount... A decent deal would be at least $1000-$1500 less.. Which would equate to a payment that is $30-$45 lower per month...
 
regards,
kyfdx
Host-Prices Paid Forums

#111 of 1112 Re: Lease X3 in NY [Car_man] by jjota

Mar 05, 2006 (7:03 pm)

Replying to: Car_man (Feb 09, 2006 3:51 am)
car_man "if you drive off in something that is in stock, they know that you won't back out of the deal like you can with an order."
 
having second thoughts about an order. gave 1k deposit for order, will these be reimbursed? how about changing the order for a different model, any penalties for changing?

#112 of 1112 Re: Lease X3 in NY [jjota] by Car_man HOST

Mar 07, 2006 (6:01 am)

Replying to: jjota (Mar 05, 2006 7:03 pm)
Hi jjota. Was the deposit that you gave the dealer that ordered the vehicle for you supposed to be fully refundable? If so, that's a good start. It still doesn't mean that the dealer will give you your money back without a fight. Getting dealers to give money back is often like trying to squeeze water out of a rock...or is is blood from a stone...or a turnip...hmmmm. Anyhow, you get the idea. Having said this, if you still end up purchasing a vehicle from this dealer, you almost certainly will be able to get your money back unless you ordered an extremely unusual combination of options on your car that the dealer will have a tough time selling to anyone else.
 
Car_man
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#113 of 1112 Re: Lease X3 in NY [mnovodvor] by dookie83

May 11, 2006 (3:00 pm)

Replying to: mnovodvor (Jan 24, 2006 9:33 pm)
What dealer are you working with?

#114 of 1112 February lease terms anyone? by fogdogpd

Feb 05, 2006 (10:35 am)

Looks like with the current demand for sedans so high (up 10% over 2004) no great deals are currently offered on a 3-series sedan (325i or 330i)and I am looking to switch to an X3 when my 330i lease runs out next month, and I had two questions:
 
1. Has anyone moved from a 3-Series to a X3 and what did you like and not like after the switch that you had not predicted, and
 
2. What are the current lease terms for February - I am looking for a 2 year 15K a year lease or possibly a 20K miles a year lease.
 
Also, my lease is up in March and the current programs only last through the end of February, any thoughts on gambling on a better rate in March versus doing a deal this month? The rates seem to have gotten better in February from January based on the nominal offer on bmwusa's web site.
 
Thanks for any thoughts!
 
Peter

Messages Page 12 of 112

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