1097 messages,
Last post on May 07, 2013 at 11:17 AM
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BMW X3, Car Leasing, SUV
#860 of 1097 New X3 xdrive35i
by Scorpio77
Dec 04, 2011 (4:50 pm)
Hi - I am looking to lease a new X3 35i. I am in the NY metro area and am returning my old 335i (lease expires in Jan 2012). After going through the forums I am still a little confused about what I should aim. Please suggest:
MSRP: 51175 (X3 35i, metallic, cold weather, technology and premium)
BMW finance discount: -1000
Dealer discount: -3000 (I think this is prob the best I can aim for)
Net cost: 47175
MF Factor: 0.000195
Loyalty discount: -0.00030
Enhanced loyalty: -0.00075 (not sure if i qualify for both?)
MSD: -0.00049 (I live in NYC but I can lease a car from NJ to do this)
Final MF Factor: 0.00041
Residual: 56% (12K, 36 months)
Monthly : Around 600 USD + Registration + other fees + security deposits
Do u think this is reasonable to aim for ? Any help would be greatly appreciated as I need to close this very soon...
Thanks !
#861 of 1097 Re: Correct Residual Value? [jdmass]
by Car_man HOST
Dec 04, 2011 (4:56 pm)
Hi jdmass. BMW FS' current 36-month, 12k residual value for a 2012 X3 is 56%. The posts that you saw are referencing an expired program.
Car_man
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#862 of 1097 Re: Correct Residual Value? [Car_man]
by chdavis
Jan 08, 2012 (5:59 pm)
Car_man -
Care to post the updated rates and residuals for January? I'm looking at both the xDrive28 and xDrive35.
#863 of 1097 Re: Correct Residual Value? [chdavis]
by Car_man HOST
Jan 09, 2012 (4:48 pm)
Hello chdavis. BMW Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2012 X3 xDrive28 with 15,000 miles per year are .00195 and 55%, respectively for consumers who qualify for its top credit tiers.
The numbers for an otherwise identical lease of an X3 xDrive35 are interestingly exactly the same.
Car_man
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#864 of 1097 X3 lease...too much?
by dlcd23
Jan 16, 2012 (4:05 pm)
Was just quoted the following from a BMW dealership...'12 X3 xDrive 2.8i (MSRP: $47,800)... convenience pckg, cold weather pckg, premium pckg, technology pckg, roof rails...$660 p mth. $3,600 due at signing. Seems high to me, no? Should I be looking at an X5 or ML 350 instead? Also, is cargo space too small in an X3? Thanks.
#865 of 1097 Re: X3 lease...too much? [dlcd23]
by Car_man HOST
Jan 25, 2012 (6:39 pm)
Hey dlcd23. Do you happen to know what this vehicle's selling price is? Having it will make this deal much easier to evaluate.
Car_man
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#866 of 1097 Sales tax omission
by darandall
Feb 03, 2012 (2:15 pm)
Don't forget to include sales tax in any lease equation - which is why I bought. 1.99% for five years through Triple A, $44,995 list for a 28i with convenience, premium, cold weather, satellite radio and roof rails, including the $895 delivery fee. Negotiated price was $42,250 at Wagner BMW in Shrewsbury MA - what a pleasure to deal with! Car built to order (wife is fussy about color!) and delivered in less than 3 weeks. Happy driving!
#867 of 1097 Lease on a Demo X3 28i
by manny431
Apr 17, 2012 (8:43 am)
Hi Car_Man,
I was wondering if you could help me out with a few questions. I'm currently negotiating a lease deal with my dealer for 2012 x3 that was a demo. It has about 3k miles on it and its base as far as options go. I was thinking that this car should go below invoice since it is a Demo model. I also have another BMW so I get loyalty incentives. Whats a good or fair price on a car like this? I cant seem to find any information in leasing demo models online. Also, could you include the current money factors and residuals for a 12k mile 36mo lease?
Thanks a lot!!
#868 of 1097 Re: Lease on a Demo X3 28i [manny431]
by Car_man HOST
Apr 30, 2012 (4:08 pm)
Hi manny431. It's difficult to say how large a discount the dealer will be willing to provide you on this truck, but I completely agree with you that I would want a selling price of under invoice on a demo vehicle that has over 3,000 miles on it.
BMW Financial Services' April buy rate lease money factor and residual value for a 36-month lease of a 2012 X3 2.8 with 12,000 miles per year are .00190 and 57%, respectively for consumers who qualify for its top credit tiers.
Car_man
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#869 of 1097 June 2012 BMW Lease rates
by jmcbmw
Jun 04, 2012 (4:43 pm)
Hey car_man & kyfdx, do either of you have June 2012 lease rates for BMW X3 28i? 36 month, 15K. I ordered in May but can get whichever month has better residual and money factor. Have a week or so to go before I get the X3. Thanks!