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
#819 of 1097 Re: Female needs help negotiating X3 lease [fllc]
by Car_man HOST
Jul 18, 2011 (4:14 pm)
Hi fllc. Through the end of August BMW Financial Services' 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 .00195 and 58%, respectively for consumers who qualify for its top credit tiers.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
If you are a loyal customer and opt not to take advantage of the $1,000 loyalty cash you are eligible for a .00030 money factor reduction.
I'm not personally all that familiar with what the market is like for this vehicle in your area right now, but in general I don't believe that grosses on luxury vehicles are great in Florida right now. $1,000 or possibly even less over invoice would probably get the job done.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#820 of 1097 Planning to purchase an 2011 X3
by ssabagh
Jul 22, 2011 (11:26 am)
Does anyone know the july 2011 lease/money factor rates for an X3??
thanks
#821 of 1097 Re: Planning to purchase an 2011 X3 [ssabagh]
by fllc
Jul 22, 2011 (12:14 pm)
Its right in the above post by the host.
#822 of 1097 BMW '11 X3 28i lease.. what u guys think
by iameuro
Jul 28, 2011 (11:25 am)
Got into a new 2011 BMW X3 2.8 lease 36 months 10k/yr: Premium / Cold / Tech packages
Let me know what you guys think:
MSRP 46650
Invoice 43500
Cap Cost: 44,150- that was my purchase px
Money Factory reductions:
1) Loyalty
2) MSD (multiple security deposits)
3) BMW Drive for team USA event ($1000 cash)
Monthly Payment $550 (tax in the payment)
#823 of 1097 Re: BMW '11 X3 28i lease.. what u guys think [iameuro]
by mizzzie
Jul 29, 2011 (1:13 pm)
did you have to put any money down? I spoke to a dealer and they said $550 is not possible.
i'm looking to lease a X3 myself.
thx
#824 of 1097 Re: Planning to purchase an 2011 X3 [ssabagh]
by Car_man HOST
Jul 31, 2011 (7:32 am)
Ssabagh, BMW Financial Services' July buy rate lease money factor and residual value for a 36 month lease of a 2011 X3 28i with 15,000 miles per year are .00195 and 56%, respectively for consumers who qualify for its top credit tiers.
This money factor is .00030 lower for loyal customers.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#825 of 1097 Re: BMW '11 X3 28i lease.. what u guys think [mizzzie]
by iameuro
Aug 01, 2011 (11:49 am)
Hi, $0 down.. I broke down everything I did to lower the payment.
Your dealer is not telling you the truth.
#826 of 1097 Need help with x3 lease ASAP - trying to pull trigger tomorrow
by fllc
Aug 21, 2011 (8:58 am)
I got a quote on an 11 x3 with msrp of 47,275 – factor invoice (Edmunds) 43,970 - sell price 44,950 – getting the loyalty factor of .00165 and 59% resid for 10 k
Seems like a decent deal EXCEPT – what are the following charges?
Assignment fee – 895.00
Dir Admin – 630.77
Are these normal fees or should I try to get them out of there?
#827 of 1097 Re: Need help with x3 lease ASAP - trying to pull trigger tomorrow [fllc]
by kyfdx HOST
Aug 21, 2011 (9:14 am)
You'll have an acquisition fee... I'm guessing if you don't see that elsewhere, that's what the assigment fee is. BMWFS charges $725, but alllows dealers to mark it up for extra profit. The max charge is $925.. the first $725 goes to BMWFS, not the dealer.
Dir Admin? sounds like padding... I'd try to get rid of this, or get the price lowered by a comparable amount.
regards,
kyfdx
#828 of 1097 Re: Need help with x3 lease ASAP - trying to pull trigger tomorrow [kyfdx]
by fllc
Aug 21, 2011 (9:30 am)
Thanks so much. He tried to say it was like a doc fee. But that's not the norm for a lease, right? I mean is there a doc fee for a lease?