1097 messages,
Last post on May 07, 2013 at 11:17 AM
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BMW X3, Car Leasing, SUV
#725 of 1097 Re: Current Lease Specials on X3 [redbone55]
by Car_man HOST
Aug 31, 2010 (1:29 pm)
Hi redbone55. BMW is providing lease support on the 2010 X3, but I wouldn't exactly say that its current program on it is amazing.
BMW Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2010 X3 with 15,000 miles per year are .00150 and 57%, respectively for consumers who qualify for its top credit tiers.
Car_man
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#726 of 1097 Lease question for 2010 X3
by sdhlaw1701
Aug 24, 2010 (2:30 pm)
Carman,
Can you tell me what the money factor and residual value would be for a 2010 X3 with the Premium Package on a 36 month 12,000 miles per year lease? Thanks.
#727 of 1097 Re: Lease question for 2010 X3 [sdhlaw1701]
by Car_man HOST
Aug 31, 2010 (1:30 pm)
I'd be happy to help you out, sdhlaw1701.
BMW Financial Services' August buy rate lease money factor and residual value for a 36 month lease of a 2010 X3 with 12,000 miles per year are .00150 and 59%, respectively for consumers who qualify for its top credit tiers.
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#728 of 1097 Leasing versus buying?
by pp2009pp
Sep 23, 2010 (5:35 pm)
Does anyone know what proportion of BMWs are leased versus purchased?
It seems as if most of the new ones are leased and then someone else purchases the lease returns. Just a wild guess from the chatter.
#729 of 1097 Re: Leasing versus buying? [pp2009pp]
by Car_man HOST
Oct 05, 2010 (4:55 am)
Interesting question pp2009pp. The percentage of BMWs that are leased varies from model to model and from month to month. On many BMW models practically half of them are leased.
Car_man
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#730 of 1097 Lease Question for 2010 X3
by sgaister
Oct 14, 2010 (9:42 am)
Carman,
Can you tell me what the money factor and residual is on the 2010 X3 ---36 month with 15,000 miles/year?
Thank you,
sgaister
#731 of 1097 Re: Lease Question for 2010 X3 [sgaister]
by Car_man HOST
Oct 18, 2010 (4:12 am)
I'd be happy to help you out, sgaister.
BMW Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2010 X3 with 15,000 miles per year are .00230 and 46%, respectively for consumers who qualify for its top credit tiers.
As you can see, BMW is not really providing any lease support on this truck right now, but it is providing $4,000 dealer cash on it. Make sure to take this cash into account during your negotiations.
Car_man
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#732 of 1097 Re: Lease Question for 2010 X3 [sgaister]
by lmariorod
Oct 18, 2010 (4:53 pm)
I'd wait on the re-designed 2011 version that'll cost 2k less than the 2010 and offer a better residual.
Nothing like the Q5 to offer competition and reveal how over-priced the X3 has been all these years.
#733 of 1097 Re: Lease Question for 2010 X3 [lmariorod]
by Car_man HOST
Oct 19, 2010 (2:46 am)
That's excellent advice, lmariorod. The current generation X3 has been sort of dead in the water for a while now.
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#734 of 1097 2011 X3 lease quote...
by njbmwpa
Nov 01, 2010 (4:58 pm)
Hi there... I got a lease quote from my local dealer - and here is what they quoted me:
Car built:
2011 BMW X3 with Metallic paint
-Cargo Net
-Heated Steering Wheel
-Heated Front Seats
-Navigation
-Panoramic Roof
-Power Tailgate
-Smartphone integration
-Xenon Headlights
36 months
$2542.39 due at signing ($750 is a security deposit which will be returned)
10,000 miles per year
$738.44 with tax included...payment
FYI tax is 10% where I live...
Is this a bad deal? It seems somewhat high considering you can get an X5 for maybe $120 more a month and that is a whole heck of a lot more car... figured it was a bit high - more so since my quotes on the X5 were not much higher & taking into account the lower base price... based on my calculations - I am looking at paying roughly 54.8% of the truck - meaning the residual value is in the toilet... I think the salesman either needs to tell his finance group to sharpen their pencils... or check out another dealer... I am in no rush to get into a vehicle, yet, but am trying to get a ball park... I am waiting on a response to what residual value it is that BMW is using since it was just released to the dealers.
Any opinions/advice/etc.. would be appreciated!