Last post on Dec 06, 2013 at 9:11 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X3, Car Leasing, SUV
#922 of 1196 MULTIPLE SECURITY DEPOSITS!
Nov 12, 2012 (10:58 am)
Dont forget to take advantage of the MSD's.. they can easily bring your monthly payment down by $30/40 a month by lowering your money factor!
Lease I just got:
2013 x3 2.8 (M Sport package) 10k/36m
$550 (everything rolled into payment; TAX/Bank Fee/DMV)
Due at signing: 1st payment and MSD's ($4200 which you get back at the end of lease)
#923 of 1196 X3 LEASE INFORMATION
Nov 14, 2012 (4:13 pm)
Many thanks for this forum for the help - this is my 3rd car that I'm getting with the help of Edmunds forums. I'm looking to get a 36 month lease on a x3 3.5, can you please provide residual rates, money factor, and any applicable discounts? I have a 5series lease expiring, so I should qualify for loyalty discount as well.
#924 of 1196 Which X3 Options
Nov 14, 2012 (11:14 pm)
Got several dealerships to compete and am down to the following options:
all are with the following parameters: 15k mi/year, 56% residual, MF 0.00125, 36 months.
Option 1: Base X3 white/black with Premium Pkg and Roof Rail: MSRP $43,095, Selling Price $39,445. Due at signing $1,849.54, monthly payment incl tax: $512.65
Option 2: Base X3 white/black with Navigation, Panoramic Moonroof, Roof Rail: MSRP $43,145, Selling Price $39,850. Due at signing $1,862.40, monthly payment incl tax: $524.51
Option 3: Base X3 white/black with Panoramic Moonroof, Roof Rail: MSRP $40,995, Selling Price $37,705. Due at signing $1,833.29, monthly payment incl tax: $496.40
From internet research option1 is $100 below invoice, option 2 $120 below invoice and option 3 $240 below invoice.
I think these deals are good. Anyone agree or disagree? What else am I missing or need to ask the dealership?
trying to decide between Option 1 vs Option 2 which comes down to a trade off between the Premium Pkg vs Navigation. My thoughts are Premium Pkg is comfort I would enjoy everytime I am in the car, while with Nav ... I am afraid after a few weeks it becomes a while elephant for me since I don't even bother with a portable Nav.
Your thoughts guys and gals.
#925 of 1196 Help! Your lease expertise is needed...
Nov 17, 2012 (2:04 pm)
OK, all you lease experts...what are your thoughts on the following lease offer? I'm in Iowa, by the way.
MSRP: $47,545 (2013 x3 2.8 + premium/cold/tech)
Selling price: $44,595 (includes $1k BMW factory rebate)
Trade-in allowance: $5,000
Acquisition fee: $925 (seems high?)
Lease length: 36 months
Money factor: 0.00195 (seems high?)
Residual value: $28,051.55 (59%)
Sales tax: 6%
Payment: $547.78 (seems high considering the $5k trade-in?)
#926 of 1196 Re: Help! Your lease expertise is needed... [first_timer2]
Nov 17, 2012 (4:43 pm)
The money factor is tied directly to your credit score, so either the dealership is screwing with you and trying to make money on the deal, or your credit score isn't to the point to get top tier money factor. You might want to rethink the 5K down, that is a lot and for a lease it is not advisable.
#927 of 1196 Re: November Rates [1stbeemer1]
Nov 18, 2012 (8:53 am)
Hi 1stbeemer1. Savvy consumers who are in an area that have a decent level of competition ad have good credit ratings can usually beat manufacturers' advertised lease payments by negotiating lower selling prices than the ones that were used to calculate the advertised payment. I wouldn't be surprised if you were able to beat this deal by a little bit by shopping around.
Prices Paid: Buying & Leasing Experiences Forum
#928 of 1196 Re: X3 LEASE INFORMATION [hit]
Nov 18, 2012 (8:57 am)
Welcome back hit. BMW Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 X3 3.5 with 15,000 miles per year are .00125 and 59% for consumers who qualify for its top credit tiers.
There is a $1,000 holiday cash and $750 loyalty cash incentive on leases of this truck right now.
Prices Paid: Buying & Leasing Experiences Forum
#929 of 1196 Re: Help! Your lease expertise is needed... [flightnurse]
Nov 18, 2012 (1:06 pm)
Thanks, flightnurse. Interestingly, I don't think they've even checked my credit score, which is actually about as good as you can get. Looks like the dealer will have some 'splaining to do on Monday! I will also rethink the $5k down. Thanks for the advice!
#930 of 1196 Re: X3 LEASE INFORMATION [Car_man]
Nov 18, 2012 (4:41 pm)
Thanks for the lease term update. Residual for 36 mth 15k increasing from 56% to 59% will certainly lower the payments. I am going to negotiate further.
Can you advise how much tire&rim usually cost? same also for end of lease insurance? is this worth buying? I don't want to have a sticker shock at the end of the lease.
#931 of 1196 Re: X3 LEASE INFORMATION [Car_man]
Nov 18, 2012 (4:43 pm)
re- read your post. is this only for the 3.5 trim not 2.8 trim?