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
#877 of 1097 Re: Considering 2013 X3 35i Lease [uasound]
by Car_man HOST
Aug 09, 2012 (3:46 pm)
Here's the information that you're looking for uasound. BMW Financial Services' August buy rate lease money factor and residual value for a 24-month lease of a 2013 X3 35i with 12,000 miles per year are .00145 and 64%, respectively.
The numbers for an otherwise identical 36-month lease are .00145 and 58%.
The residual values for a lease with only 10,000 miles per year would be 1% higher.
Typically dealers seem to be more willing to negotiate on vehicles that they want to get off of their lots and out of inventory than they are on orders, but your mileage may vary.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#878 of 1097 2012 vs 2013 negotiations
by uasound
Aug 09, 2012 (4:52 pm)
Thanks, Car_Man! Your tip leads me to another question
Dealer offers 1000 over invoice for 2013 and 1000 off team USA. Do you think I can get 2012 model for less than invoice? If I see a dealer having just one 2012 model left on the lot, what should I be targeting during negotiations? Let's say invoice is 45000.
uasound
#879 of 1097 Re: 2012 vs 2013 negotiations [uasound]
by Car_man HOST
Aug 22, 2012 (6:06 pm)
You're welcome uasound.
It's difficult to say, but I suspect that if you are in an area that has a decent level of competition that you may be able to get a 2012 model for a couple hundred dollars over dealer invoice. BMW really didn't provide much in the way of cash incentives on the X3 so you probably won't be able to do much better than that.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Sep 05, 2012 (9:21 pm)
Recently finalized 2013 X3 (4 cylinder) lease with my local BMW dealership. Options included premium pkg, cold weather pkg, technology pkg, and app. Sticker price is around $47,500. I signed 36 months (10k mi/yr) lease for $549 and $2980 down. Is this a good deal?
#881 of 1097 Leasing in the DC area (DC, Maryland, Virginia)
by chuppapaz
Sep 16, 2012 (12:21 am)
Hello everyone,
These forums have really been a great help to me so here is my contribution.
I was looking into leasing a 2013 X3 35i with premium package, sparkle bronze, 3 years, 10,000 miles/year and $2000 for cap cost reduction to keep the monthly payments at a reasonable level.
I got quotes from several dealers and there seems to be a very decent level of competition in the area.
There are almost no 35is available out there and the few available are loaded beyond $52,000. If you are looking for one with premium package only, you will have to order it and wait for approx 4 weeks.
MSRP was $47,995, discount price offered from dealers was comprised between $44,700 and $45,200, and monthly payments were between 550 and 570 per month (+taxes) with the $2000 cap cost reduction included.
DC lease tax works a bit differently in the sense that you do not have to pay the taxes upfront like in other states. In DC, 10% of the monthly payment is added for tax.
The only cash needed to close the deal (in addition to the cap cost reduction) is first month's payment and registration (approx $300). Everything else is included.
#882 of 1097 2013 X3 xDrive35i Lease Rates
by leeshuck
Sep 16, 2012 (9:26 am)
Hi Car_man or kydfx:
Could you provide current lease rates and customer loyalty/other incentives for the 2013 X3 xDrive35i:
10k/12k miles/year, 36 months
I have a 135i Convertible lease ending around the end of the year. One dealer mentioned that BMW would waive the disposition fee on my current vehicle if a sign a new lease - is that normal?
Thanks,
Lee
#883 of 1097 Re: 2013 X3 xDrive35i Lease Rates [leeshuck]
by kyfdx HOST
Sep 16, 2012 (9:38 am)
One dealer mentioned that BMW would waive the disposition fee on my current vehicle if a sign a new lease - is that normal?
Yes... BMWFS has done that as far back as I can remember..
#884 of 1097 Leasing v BMW Select
by flightnurse
Sep 16, 2012 (10:13 pm)
Not too sure if this out of your expertise but, what are the pit falls of the BMW Select Fiance option?
Thanks
#885 of 1097 Re: 2013 X3 xDrive35i Lease Rates [leeshuck]
by Car_man HOST
Sep 24, 2012 (4:32 pm)
Here you go Lee. BMW Financial Services' September buy rate lease money factor and residual value for a 36-month lease of a 2013 X3 xDrive35i with 12,000 miles per year are .00145 and 58%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would be 1% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#886 of 1097 2013 X3 28i -- Need assistance evaluating lease offer
by jim60202
Sep 26, 2012 (9:31 am)
This deal seems pretty solid to me, but would appreciate any expert advice/opinion. Thanks in advance.
$585/month -- 36 months -- 10k miles per month
MSRP: 47295 (Cold weather, Premium, Technology, etc.)
Money Factor: .00145
Residual: 59%
Lease end Value: 27904
Initial Cap Cost 43995
Adjusted Cap cost: 45136
Only first month payment + tax, title etc. due at lease inception