Ask the Car People.SM


BMW X3 Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

    

Messages Page 76 of 110

#747 of 1097 Re: BMW X3 28i [niclaf77] by Car_man HOST

Dec 19, 2010 (5:40 pm)

Replying to: niclaf77 (Dec 15, 2010 10:07 am)
Hi nicole. Here's the information that you're looking for.
 
BMW Financial Services' December buy rate lease money factor and residual value for a 36 month lease of a 2011 X3 28i with 12,000 miles per year are .00230 and 58%, respectively.
 
The residual value for an otherwise identical lease with only 10,000 miles per year would be 1% higher.
 
I am not personally all that familiar with what the market is like for the new X3 right now in your area. I would think that dealers would try to get as much for a new model as possible when it first comes out, particularly a new SUV in the middle of winter. I personally would be comfortable paying $1,000 over invoice. Shoot for it and see what happens.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#748 of 1097 if the deal by nyccarguy

Dec 15, 2010 (11:41 am)

is what you are concerned with, then you're probably going to end up with the Volvo. They've probably got cash or lease incentives that BMW is currently not providing on the just released 2011 X3. Good luck & keep us posted!

#749 of 1097 january follow-up by niclaf77

Jan 06, 2011 (1:58 pm)

hi,
 
thanks for the information that you provided last month regarding the 2011 bmw x3 28i. the dealer that i am working with has indicated that the programs have slightly improved on this car for the month of january. do you have those numbers for 36 months with 10,000 and 12,000 miles per year? also, any incentives i should be aware of?
 
thanks!
nicole

#750 of 1097 Re: january follow-up [niclaf77] by Car_man HOST

Jan 09, 2011 (6:17 pm)

Replying to: niclaf77 (Jan 06, 2011 1:58 pm)
You're welcome nicole. Here's an update for you.
 
BMW Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2011 X3 28i with 12,000 miles per year are .00205 and 58%, respectively.
 
This factor drops to .00175 for loyal customers.
 
If you were to lease with only 12,000 miles per year, this truck's residual values would be 2% higher.
 
BMW is not currently providing any cash incentives that I am aware of on the X3.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#751 of 1097 Re: january follow-up [Car_man] by niclaf77

Jan 09, 2011 (10:34 pm)

Replying to: Car_man (Jan 09, 2011 6:17 pm)
wow - glad that i followed up for the new january numbers b/c this is different than what i got from the dealer. here is everything i was given by the dealer and if you wouldn't mind looking at these numbers and letting me know if the fees are marked up too?
 
I think the selling price is a good deal - I am going to be ordering a 2011 X3 28i with heated seats and moonroof for 36 months in NJ with 10,000 miles per year.
 
MSRP - $39665
Invoice - Approx. - $36,370
Selling Price - $36,900
Money Factor - .00205 (I am a current BMW lessee, which they know so I should qualify for the .00175 but there was no mention of that)
Residual - 59% (just want to confirm whether it is actually 60% b/c in the last post you wrote for 12,000 it would be 2% higher but I think it should say 10,000 - so I am not sure if the residual is actually 59% or 60% for 10,000 miles per year).
 
Now as far as out-of-pocket fees:
First month payment - $?
Bank Fee - $725
DMV - approx $300
Tire Fee - $7.50
Dealer Doc Fee - $249.00 (I thought I read here in another posting that this was lower but I want to confirm before I go back to the dealer).
 
Lastly, if I decide to roll all fees in and do a sign and drive - how would i add that to the calculation? Does it add on to the selling price or get added it after the initial calculation?
 
Thanks so much for your help!
Nicole

#752 of 1097 Re: january follow-up [niclaf77] by Car_man HOST

Jan 10, 2011 (6:34 pm)

Replying to: niclaf77 (Jan 09, 2011 10:34 pm)
Hey Nicole. The numbers for a 36 month, 10k lease of this truck are .00175 and 59% for loyal customers.
 
If you decide to roll the fees that you would normally have to pay at lease signing into your payment, you will have to add them to your car's capitalized cost before your payment is calculated.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#753 of 1097 Re: january follow-up [Car_man] by jrr766

Jan 13, 2011 (3:11 pm)

Replying to: Car_man (Jan 10, 2011 6:34 pm)
Hi,
 
What is required to qualify for the loyal customer rate? I have never leased a BMW of any kind, but I currently have a Z4 that I am financing through BMW Financial services. Should I be able to get the .00175 rate on an X3?
 
Thanks

#754 of 1097 Re: january follow-up [jrr766] by kyfdx HOST

Jan 13, 2011 (4:34 pm)

Replying to: jrr766 (Jan 13, 2011 3:11 pm)
If you currently have a BMW financed with BMWFS, you should qualify...

#755 of 1097 Re: january follow-up [niclaf77] by Firebird_EOU

Jan 23, 2011 (9:00 am)

Replying to: niclaf77 (Jan 09, 2011 10:34 pm)
Are you able to disclose the dealership you got your deal from?

#756 of 1097 Re: january follow-up [Firebird_EOU] by niclaf77

Feb 08, 2011 (1:37 am)

Replying to: Firebird_EOU (Jan 23, 2011 9:00 am)
Sorry - I am just seeing this. The dealership is Freehold
BMW in Freehold, NJ. Salesman - John McBride.
 
Hope this helps!

Messages Page 76 of 110

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement