Last post on Dec 11, 2013 at 4:42 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X3, Car Leasing, SUV
#301 of 1204 Re: Program info [billmv]
Nov 28, 2006 (2:41 am)
Here's the latest program info, [billmv. BMW Financial Services' November buy rate lease money factor and residual value for a 36 month lease of a 2007 X3 with 15,000 miles per year are .00150 and 65%, respectively. As you can see, you actually came out ahead by waiting to get your new truck. The numbers for an otherwise identical lease of a 2006 BMW X5 3.0 are .00185 and 56%, respectively. This program is not as attractive as the '07 X3's is, but BMW is providing $2,500 dealer cash on the '06 X5 3.0. If you decide that you want one, make sure to take this cash into account when negotiating its capitalized cost.
Prices Paid Forum
Nov 28, 2006 (2:50 am)
Here's the info that you're looking for, oc24. BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2007 X3 with 12,000 miles per year are .00150 and 77%, respectively. The numbers for an otherwise identical 36 month lease are .00150 and 67%.
Prices Paid Forum
#303 of 1204 Re: Program info [gokhangulec]
Nov 28, 2006 (2:57 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
Something seems screwy with the drop-off in value between 36/48 months. At 21%, it's nearly as high as the initial TWO years (25%). Especially when it's followed up with an 8% drop-off the following year.
#304 of 1204 Crazy Numbers
Oct 12, 2006 (8:02 am)
I just got back from the BMW dealership. I didn't ask questions other than this is the car I want and I would like to know what it will cost for leasing. I did not negotiate at all. It is a 2007 X3 with CW, Premium, Sport...MSRP is 38K with add-ons it is 46.5K
Wanted 24 and 36 month numbers
24 month at 15K miles = 843 to 854
36 month at 15K miles = 751 to 769
I know not asking the right questions or negotiating is the wrong approach, but I was just curious to see the results. After looking at some of the deals on this site, these numbers seem outrageous...am I right or wrong? I have since asked for the money factor and residual that they are using to calculate this payment and whether or not it includes all additional fees/taxes.
#305 of 1204 Re: Crazy Numbers [cknodle]
Oct 12, 2006 (8:07 am)
Additional Information...I asked for residual/money factor...along with X5 information with same options....
Reply from dealer:
I put together some numbers on the X5 3.0 for you. The best lease on the X5 is for 36 months.
36 months 15,000 miles per year:
$850.00 per month with $1,600.00 down at signing. The residual is 56% and the rate factor is .00240. The rate is better on this one than on the 2007 X3.
The rate on that one 65% for 36 months, with the rate factor being .00255. The X5 list for $51,118.00, so it is a few thousand more than the X3.
#306 of 1204 Re: Crazy Numbers [cknodle]
Oct 12, 2006 (7:14 pm)
cknodle.....You serious about getting one? If you are, and if you enjoy running your own numbers to see what's possible, then you have to negotiate the selling price, which, when you add in the acquisition fee, will become your capitalized cost. Be aware, the dealer will try to jack up the acq fee and the money factor to make hidden profit.
Remember too, that any down payment is just $$ up front rather than put into a payment.
So let us know what they say on this go around.
#307 of 1204 Re: Crazy Numbers [cknodle]
Oct 30, 2006 (3:34 am)
Hi cknodle. The payments that you were quoted sound a little high to me. I would be happy to give you a more detailed analysis of this deal if you provide me with this truck's MSRP and selling price. These are very important numbers for you as a consumer to know. They show you how much of a discount you are bring given and when combined with BMW's actual lease program they enable you to estimate what your vehicle's monthly payment should be. Find out what these numbers are and I'll let you know what I think.
Prices Paid Forum
#308 of 1204 Re: Crazy Numbers [cknodle]
Oct 30, 2006 (3:37 am)
Hey CKnodle. The money factor that you were quoted to lease this X5 is way too high. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2006 X5 3.0 is only .00185 with the payment of a security deposit at lease signing and .00200 with the deposit waived. When negotiating your lease on an '06 X5 3.0, make sure to take the $2,500 dealer cash that BMW is providing on it into account. This cash will help you to negotiate an attractive capitalized cost for your lease.
Prices Paid Forum
#309 of 1204 2007 BMW X3si
Oct 14, 2006 (7:53 am)
Just got this from my dealer,MSRP $44,705 for premium package, sport package,added rear door airbags, automatic and metallic paint. Got it for $42,705 for sell price. With 78% residual and 0.002 money factor for 24 months. I got it for $510 per month(tax included). No money down. How is this number? Good?
#310 of 1204 Re: 2007 BMW X3si [jxtai]
by kyfdx@Edmunds HOST
Oct 14, 2006 (11:59 am)
Looks really good.. How much due at signing?