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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 9 of 110

#80 of 1097 X3 lease in CT by richneedsaleas

Oct 22, 2005 (9:14 am)

Below was an opening offering in CT--any one have any comment?
 
The MSRP of the vehicle w/Nav is $43,405 and that it is a 2006 BMW X3 3.0, 36 month lease, 12k miles per year, CT tax included.
 
I am offering a $2,000 discount with tax included at $553.49 per month and $1790.99 due at signing (1st payment, bank fee, security deposit).
 
Please double check because $406 per month with $1300 due at signing is impossible.

#81 of 1097 Re: X3 lease in CT [richneedsaleas] by bdr127

Oct 22, 2005 (12:03 pm)

Replying to: richneedsaleas (Oct 22, 2005 9:14 am)
Where did the $406/mo come from?

#82 of 1097 Re: X3 lease in CT [bdr127] by richneedsaleas

Oct 22, 2005 (6:41 pm)

Replying to: bdr127 (Oct 22, 2005 12:03 pm)
A dealer in the midwest ran an ad two weeks ago saying would deliver anywhere in the States. total upfront $2500, monthly $349 loaded but without Nav, i just extropolated from there. Anyone else seen that? What's realistic these days?
 
Seem Touregs are being given much much better support, not that BMW ever gives much.

#83 of 1097 Re: X3 lease in CT [bdr127] by richneedsaleas

Oct 23, 2005 (6:15 am)

Replying to: bdr127 (Oct 22, 2005 12:03 pm)
Midwest newspaper advert. $349mo, total of 2500 upfront w/o nav.
I extrapolated from there, Thx Rich

#84 of 1097 Re: X3 lease in CT [richneedsaleas] by bdr127

Oct 23, 2005 (7:58 pm)

Replying to: richneedsaleas (Oct 22, 2005 6:41 pm)
What do they mean by "loaded"?..... That's a rather vague term. To many people, any BMW would be consider "loaded", as it has power windows/doors/windows/seats, sunroof, etc. The base price for an 06 X3 is $37,475. Are they calculating $349/mo off of that?
 
Need more details....

#85 of 1097 05 X3 lease -- Good Deal??? Please help! by pictures

Oct 26, 2005 (12:12 am)

I was offered a "great" lease for a 2005 X3 (2.5 engine). MSPR at $34445 reduced down to 32000. MF is .0014 and a 61% residual for 3yr/12k. There is a $825 "Acquisition Fee." I'm putting $2500 down. After all that, the monthly price would be $357 including tax.
 
Is this a great deal? I really don't want to pull the trigger unless I am sure I cannot get a better price elsewhere. Thanks!

#86 of 1097 Re: 2005 X3 3.0 lease in CA by Car_man HOST

Oct 27, 2005 (4:15 am)

Hi sailorstac. $500 over invoice is a good deal on this car. As far as the acquisition fee goes, you can either pay it at lease signing or have it added to your truck's capitalized cost and baked into your monthly payment. BMW Financial Services is not currently offering 39 month leases on this model, so you will have to go with a 36 month term. If you were to lease a 2006 BMW X3 3.0 though BMW Financial Services right now for 36 months 12,000 miles per year, its buy rate lease money factor and residual value should be .00175 and 62%, respectively. Using these numbers, an MSRP of $39,965, and a selling price of $36,850, I estimate that this car should have a zero down, pre-tax monthly payment of around $444. With a cap cost of $37,350, the payment would increase to around $458.
 
Car_man
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Smart Shopper / Prices Paid Forums

#87 of 1097 Re: X3 lease in CT by Car_man HOST

Oct 27, 2005 (4:20 am)

Hello richneedsaleas. A $2,000 discount on this truck is probably around $1,500 to $1,600 over dealer invoice, which is not bad but in an area like Connecticut (unless you live in a rural part of the state), you probably have a number of BMW dealers and I would not be surprised if you were able to beat this price by a little. You may want to stop by the following discussion to see how much other community members have paid for similar trucks recently: sharkala, "BMW X3: Prices Paid & Buying Experience" #, 12 Mar 2004 8:58 am.
 
For now, I will calculate a lease payment on this truck for you using the prices that you were quoted and BMW's actual lease program. According to my calculations, if you were to lease a 2006 BMW X3 3.0 with an MSRP of $43,405 and a selling price of $41,405 through BMW Financial Services for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $523.
 
Car_man
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#88 of 1097 Re: 05 X3 lease -- Good Deal??? Please help! by Car_man HOST

Oct 28, 2005 (2:58 am)

I am sorry to say, pictures, that the "great lease" that you were offered really is not as great as it initially seems. It appears as though the dealer that you are working with is marking-up both this truck's lease money factor and acquisition fee to add additional hidden back-end profit to your deal. BMW Financial Services' current buy rate lease money factor for a 3 year lease of an '05 X3 2.5 is currently .00100 and its base lease acquisition fee is currently only $625. Insist that the dealer that you are working with use both of these numbers in your deal. The selling price that you were quoted is good though.
 
Car_man
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Smart Shopper / Prices Paid Forums

#89 of 1097 November lease factors by drtravel

Nov 03, 2005 (3:49 pm)

Money factor is 0.00175 for 3-year lease with security deposit
 
Residuals
10K = 63%
12K = 62%
15K = 60%
 
Happy renting

Messages Page 9 of 110

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