Last post on Dec 11, 2013 at 4:42 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW X3, Car Leasing, SUV
#489 of 1204 Reference only.. ED leases
May 03, 2007 (9:16 pm)
I am currently driving an X3 3.0si (MSRP $48K+ Step, Sports, Premium, Cold Weather, Nav, Xenon, PDC, Cargo Net, Servotronic, Privacy Glass) with a payment of $358+tax. I did European Delivery and made multiple security deposits but no cap down. Deal was $1000 over ED invoice plus base lease rates for a 24 month/10K term. This was based on December 2006 lease rates.
Lease payments can vary a lot depending on the current incentives. As the person who was quoted $499 for the Hyundai found out, very often you can lease BMWs at a price very close to what you would pay for a car which costs half as much
And those who like driving BMWs should join the BMW Car Club of America. Their rebate program ($500/$1000/$1500 for 3er,5er,7er) is excellent value for the $40/year you pay.
#490 of 1204 lease on 2007 X3
May 12, 2007 (6:56 pm)
I am looking to find out the price(msrp & sales Price) of a total base 2007 X3
Lease would be for 36 month with 10k miles.
what is the May residual value and MF?
#491 of 1204 Re: lease on 2007 X3 [hugo5]
May 12, 2007 (7:15 pm)
68% residual value and 0.00215 MF.
#492 of 1204 Re: lease on 2007 X3 [hpowders]
May 12, 2007 (8:14 pm)
thanks! Is the base price listed on edmunds right for msrp $38,000 and invoice $34,960. If so, what would be a good negotiated price?
#493 of 1204 Memorial Day Specials?
May 22, 2007 (3:09 pm)
Hi...we were interested in leasing an X3...we should've done so in Jan when the programs were really good...but anyhow, does BMW offer specials during the Memorial Day Weekend? I called a few dealers and some said yes and some said no and weren't able to give much more info than that. Any predictions?
#494 of 1204 Re: Memorial Day Specials? [4kids]
Jun 05, 2007 (1:57 am)
Hi 4kids. The dealers that told you BMW offers Memorial Day specials were just trying to get you to come in so that they could sell you a vehicle. BMW did not do anything special for Memorial Day. Its June lease program for the 2007 X3 is very similar to its May program.
Prices Paid Forum
#495 of 1204 2007 X3 Lease (Good Price?)
May 22, 2007 (11:34 pm)
My first lease and also first car purchase alone. I'm thinking about walking in with these numbers:
Purchase Price: $45,917.00
36mnths 10k miles
MF: .00255 (given by local dealer)
Residual: 68% (given by local dealer)
WV sales tax: 5%
Acquisition: $795 (given by local dealer)
Security Deposit: $400 (given by local dealer)
With the edmunds calculator, my monthly payment would be $381.11, if I did it correctly. Are these good numbers, talk them down lower, or just wait cause this isn't a good time for an X3 lease? Being female, I'm just worried about getting ripped off. Thanks!! April
#496 of 1204 Re: 2007 X3 Lease (Good Price?) [shagzie]
May 23, 2007 (8:15 am)
I bought an X3 this week (in the chicago area) and I got $2,600 under MSRP. You are only getting a $1,743 discount.
Also, I had a trade-in and I just took the trade in value upfront. Your payment will be higher and you might lose the sales tax break, but you don't risk losing the money if your car is stolen or totaled.
#497 of 1204 Re: 2007 X3 Lease (Good Price?) [joechicago7]
May 23, 2007 (9:17 am)
Thanks Joe. I came up with the $1,743 number on Edmunds (what people are actually paying for this exact car). So now I want at least that but will go for more. Maybe I'll buy the Negioations for Dummies book The gentleman at the the dealership stated that Gap insurance is included in the lease. I'll have to look into the details but I just assumed if the car was stolen or totalled, that would be taken care of. At the end of the lease, I am still considering purchasing it. I'd also thought of maybe putting down half of the $8500 and putting the other in a good savings account to use later if I did decide to do so. Thanks again, April
#498 of 1204 Re: 2007 X3 Lease (Good Price?) [shagzie]
May 23, 2007 (9:23 am)
I read your message again, and now I understand what you're saying about putting the $8,500 down. I'd still be losing it if the car was stolen or totalled. Sorry I'm a little slow today. April