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BMW X3 Lease Questions

1097 messages,  Last post on May 07, 2013 at 11:17 AM

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

    

Messages Page 30 of 110

#291 of 1097 Re: X3 Lease Deal in Oklahoma City [mbright1] by Car_man HOST

Oct 10, 2006 (2:42 am)

Replying to: mbright1 (Sep 26, 2006 2:10 pm)
Greetings mbright1. For a newbie to the world of leasing, you did a great job at finding out all of the important information about the truck that you are interested in leasing. First let's take a look at the selling price that you were quoted. A base 2006 BMW X3 has a spread of a little over $3,100 between its full MSRP and dealer invoice price. You were quoted a discount of $1,500 on the specific model that you are considering leasing. I personally would want a little larger discount on a leftover 2006 X3 this late in the model year, but I suspect that the level of competition is not nearly as high in Oklahoma City as it is in my neck of the woods. If there are any other BMW dealers around you can always see if you can negotiate a slightly larger discount. If you can't, at least try to get the dealer that you are working with to eliminate the acquisition fee mark-up and to use BMW Financial Services' buy rate lease money factor of .00195 to calculate your X3's monthly payment.
 
Car_man
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Prices Paid Forum

#292 of 1097 Sorry forgot to add that its an 06 x3 by mbright1

Sep 26, 2006 (2:40 pm)

#293 of 1097 Lookee Here, 2007 X3 lease deal? HELP!!! by santainbox

Sep 30, 2006 (10:28 am)

I recently test drove a BMW X3, inquired to lease a 2007. With excellent credit, this was our offer: MSRP $41,920, my purchase price $40,355, 36mths 12k miles (I want 15k), Money Factor .00305, Residual 67% or $28,086, down payment
$3013.97, payment $549.54 + $43.69 = $593.23 monthly payment. The MF seems pretty high compared to what I've seen. The down payment too? Looking for advice, I could put down $1000 more and have a payment a bit higher to buy the car. I'm still test driving others, RX 350, RDX, but I really like the X3.
Please Help us!

#294 of 1097 Re: Lookee Here, 2007 X3 lease deal? HELP!!! [santainbox] by ashguy22

Oct 05, 2006 (9:37 am)

Replying to: santainbox (Sep 30, 2006 10:28 am)
Hi,
You have a few areas to improve your quote:
- Negotiated Price: You have $40355, some dealers are willing to knock close to $2000 off MSRP
- Money Factor: On 2007 X3, you can get 0.00265
- Any extra fees in your quote ($625 Acquisition is ok)?
 
Rest everything looks OK. Good luck!
Ash

#295 of 1097 Re: Lookee Here, 2007 X3 lease deal? HELP!!! [santainbox] by Car_man HOST

Oct 10, 2006 (2:47 am)

Replying to: santainbox (Sep 30, 2006 10:28 am)
Hi santainbox. Ash gave you great advice. The only thing that I'd add to it is that BMW made a fairly significant enhancement to the 2007 X3's lease program for the month of October. It's new buy rate lease money factor is .00200. Make sure that you get the dealer that you are working with to use this factor to calculate your truck's lease payment.
 
Car_man
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Prices Paid Forum

#296 of 1097 Re: Lookee Here, 2007 X3 lease deal? HELP!!! [Car_man] by billmv

Oct 11, 2006 (12:53 am)

Replying to: Car_man (Oct 10, 2006 2:47 am)
hello Car_man
 
Kdfyx just said on the other forum that the 36/15k residuals for the '06 and '07 X3 were virtually identical. 65%. For purposes of clarification, could you confirm for me what the RVs are for the '07 for 36/12k and 36/15k? The usual 2% higher for 12k? Gotta run my numbers!
 
Acq fee still $625 on the 07s? Also, do you know what BMW's typical disposition fee is at the end of their leases, if any? I've never leased a BMW before.
 
Thanks!

#297 of 1097 Re: Lookee Here, 2007 X3 lease deal? HELP!!! [billmv] by Car_man HOST

Oct 30, 2006 (4:31 am)

Replying to: billmv (Oct 11, 2006 12:53 am)
I sure can, billmv. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 X3 with 15,000 miles per year are .00200 and 65%, respectively. Yes, if you were to lease this truck with only 12,000 miles per year as usual, its residual value would be 2% higher. BMW FS' acquisition fee is still $625 as well. I believe that BMW FS charges a disposition fee of $350.
 
Car_man
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Prices Paid Forum

#298 of 1097 Program info [Car_man] by billmv

Nov 01, 2006 (12:24 am)

Replying to: Car_man (Oct 30, 2006 4:31 am)
Thanks, Car Man. Couldn't get to enough SF Bay Area dealers by end of business today to get in on the October programs, so it looks like I'll be doing something on an '07 X3 or an '06 X5 3.0 soon. Got it narrowed down to those two. If you could let us know what the November programs are for them I'm sure many of us would appreciate it.
 
By the way, thanks for all your good work on these forums. kyfdx too.

#299 of 1097 Re: Program info [billmv] by gokhangulec

Nov 13, 2006 (1:32 pm)

Replying to: billmv (Nov 01, 2006 12:24 am)
2007 BMW X3 Wagon 3.0si 4WD
 
24 mo/15k mi – Residual Value 75% of MSRP – .00150 Base Money Factor Rate
36 mo/15k mi – Residual Value 65% of MSRP – .00150 Base Money Factor Rate
48 mo/15k mi – Residual Value 41% of MSRP – .00322 Base Money Factor Rate
60 mo/15k mi – Residual Value 33% of MSRP – .00322 Base Money Factor Rate

#300 of 1097 Re: Program info [gokhangulec] by oc24

Nov 19, 2006 (3:57 am)

Replying to: gokhangulec (Nov 13, 2006 1:32 pm)
Does anyone have the current money factor from BMWFS for 24 and 36 months at 12K miles/year? Thanks for any guidance! oc24

Messages Page 30 of 110

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