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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 71 of 110

#700 of 1097 Re: Lease deals for 09 X3 [acorvine] by Car_man HOST

Apr 22, 2009 (3:03 am)

Replying to: acorvine (Apr 13, 2009 9:03 am)
Hi acorvine. You're in luck. For some reason, BMW decided to pull its lease support on the 2009 X3...but now it's back. BMW Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 X3 with 15,000 miles per year are .00250 and 53%, respectively.
 
It is difficult to say what BMW's lease program will be like on the 2010 X3 when it is initially introduced at this point.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#701 of 1097 Re: Lease deals for 09 X3 [Car_man] by lalakrsfan

Apr 24, 2009 (1:40 am)

Replying to: Car_man (Apr 22, 2009 3:03 am)
Hi Car_man,
 
Need the MF and Residual on a '09 X3 for 10K miles both for 24 and 36 month lease. Also, can you confirm what loyalty cash/incentives that are available for current BMW FS customers?
 
Thanks once again for your help on the '06 BMW Z4 we are turning in soon. The info you've provided over the years has saved us hundreds if not thousands of dollars!

#702 of 1097 Re: Lease deals for 09 X3 [lalakrsfan] by lalakrsfan

May 11, 2009 (12:46 pm)

Replying to: lalakrsfan (Apr 24, 2009 1:40 am)
Hi Car_man,
  
Didn't see a reply to this request.Can you please provide the MF and Residual on a '09 X3 for 10K miles both for 24 and 36 month lease? Also, can you confirm what loyalty cash/incentives that are available for current BMW FS customers?
 
Thanks,
Tyler

#703 of 1097 Re: Lease deals for 09 X3 [lalakrsfan] by Car_man HOST

May 15, 2009 (2:58 am)

Replying to: lalakrsfan (May 11, 2009 12:46 pm)
Here you go, Tyler. According to the latest information that I have seen, BMW Financial Services' current buy rate lease money factor and residual value for a 24 month lease of a 2009 BMW X3 with 10,000 miles per year are an unattractive .00280 and 49%, respectively. The numbers for an otherwise identical 36 month lease are an equally unattractive .00280 and 43%.
 
BMW is currently providing $4,000 dealer cash on this truck.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#704 of 1097 Leasing does work by nyccarguy

May 17, 2009 (6:47 pm)

out sometimes...
 
When we leased our 2007 X3 back in July of 2007, the residual value at the end of our lease is 65% after 3 years. 75% if we would have taken a 2 year lease.
 
Things were much different back then.

#705 of 1097 X3 Early Lease Termination Special in June 2009? by johnpatrick3

Jun 08, 2009 (9:45 am)

Hello...I am trying to find out if BMW is still offering an early lease termination special for X3's for June 2009. My understanding was that in May BMW was offering to waive the final 3 months payments if you leased a new BMW (ie, a pull-ahead program).
 
Any information would be appreciated.

#706 of 1097 Re: X3 Early Lease Termination Special in June 2009? [johnpatrick3] by Car_man HOST

Jun 09, 2009 (3:08 am)

Replying to: johnpatrick3 (Jun 08, 2009 9:45 am)
Hi johnpatrick3. Yes, BMW is still running an early lease termination program on the X3 in June. In addition to that, if you are a current X3 lessee who gets a new X3 you are eligible for a special $1,500 loyalty cash incentive.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#707 of 1097 2007 X3 end of lease options- UNBELIEVABLE! by biggd

Oct 01, 2009 (12:37 pm)

I have a 2007 X3 that comes off a 36 month lease next month. I just received my end of lease options from BMW Finance. My current monthly payment is $428/month, risidual buyout is approx $30,000.
 
If I want to extend my lease for 1 year the monthly payments are $1149/month. If I want to buy the car my monthly payments for 60 months are $609/mo at 6.4% financing.
 
Has anyone else experienced this from BMW?. It is not exactly a "customer retention" program.
 
I like the X3 and would like something similar at around the same monthly lease payment.
 
Does anyone have any suggestions?

#708 of 1097 Re: 2007 X3 end of lease options- UNBELIEVABLE! [biggd] by pp2009pp

Oct 01, 2009 (1:02 pm)

Replying to: biggd (Oct 01, 2009 12:37 pm)
I have no idea why you want to buy the car in the first place - see my experience - but all remaining new 2009's are supposed to have a 0.99% financing option. Car sales are again falling off a cliff at least for some manufacturer's so buyers are again in charge.
 
What the heck was on your car that you would have such a high residual after 3 years of payments?
 
I have never leased anything - buy outright - so I am wondering why your used car would be worth $1200 - the price of a moderately sized mortgage. I would say to forget the blooming car, get a new one at a better price from a better manufacturer and put the remainder toward a mortgage on an asset that has a decent price of appreciating.
 
Just my two cents.

#709 of 1097 Re: 2007 X3 end of lease options- UNBELIEVABLE! [pp2009pp] by biggd

Oct 01, 2009 (1:17 pm)

Replying to: pp2009pp (Oct 01, 2009 1:02 pm)
The risidual was set by BMW Finance at the time of the promotion in order to keep the payments low and push the cars out the doors

Messages Page 71 of 110

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