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

    

#979 of 1097 Re: 2013 demo [ken954] by leeshuck

Jan 01, 2013 (1:45 pm)

Replying to: ken954 (Jan 01, 2013 10:00 am)
Seems high to me. There are a lot of xDrive28i's in inventory around here so I think you'd be able to negotiate a better deal on a new one, perhaps with the options you want. Get and confirm all the details such as money factor they're using (should be .00125 on the 28i), actual selling price, etc.
 
I'm in Southern California and just acquired a 2013 X3 xDrive35i on 12/22 with MSRP 55,895. These are in shorter supply than the 28i. I went with 12k miles per year for 3 years, but here's the quote I got for 10K miles/year:
 
2013 BNW X3 xDrive35i
MSRP- $55,895
McKenna Internet Price- $51,940
36 month lease with 10k miles annually
Acquisition Fee- $925
BMW FS Loyalty- ($750)
BMW Holiday Rebate- ($1000)
Ultimate Drive Rebate- ($300)
Driveoff- $1274.23 - 1st month payment, tax and DMV Fees
$596.15 plus tax= $642.35 for O.C. Residents**
** On approved Credit with BMW FS
 
Rate- .00135
Lease Factor (Residual%) 60% for 10k miles
Residual- $33,537
 
Hope this helps,
Lee

#980 of 1097 Re: 2013 demo [leeshuck] by ken954

Jan 01, 2013 (6:33 pm)

Replying to: leeshuck (Jan 01, 2013 1:45 pm)
Lee - Thanks so much, appreciate all the detail. Sounds like you got a great deal - competition doesn't seem to be so strong in Michigan. Most dealers have less than 10 x3 28i's, and I'm lucky to find any 35i's. I don't have access to the loyalty or ultimate drive rebates (not a current owner).
 
Wasn't sure how much I should knock off for 6500 miles, but based on your info it sounds like I should be closer to $500 / month or less, not willing to compromise for savings of less than $100 / month.
 
Thanks again,
Ken

#981 of 1097 Money Factor/Residual for 2013 X3 by georgiagirl13

Jan 02, 2013 (9:41 am)

Hi Car Man,
 
I will be shopping to lease a new 2013 BMW X3 within the next two weeks in Atlanta, GA. 36 months, 15k miles/year. Do you have any infomation on what money factor and residual I should be looking for? My credit score currently is mid 700s. Also, what types of credits should I be aware of since I will be too late for the holiday credit? I did lease with BMW Financial in 2007-2010, would I qualify for the Loyalty credit?
 
Thanks for your reply!

#982 of 1097 2013 x3 28i - January Figures by kerb

Jan 06, 2013 (1:30 pm)

Greetings Car_Man:
 
Am assisting a friend with a lease of the above referenced car. Could you kindly provide the buy rate and residual for 36 and 39 month leases with 12k and 15k. Additionally, are you aware of any incentives beyond the $750 loyalty?
 
Many Thanks.

#983 of 1097 Re: 2013 x3 28i - January Figures [kerb] by chaozz1

Jan 06, 2013 (1:51 pm)

Replying to: kerb (Jan 06, 2013 1:30 pm)
always go with less miles, If you go over you can buy them before lease end for 16 cents.

#984 of 1097 2013 x3 28i -lease payment-good? by sk_web

Jan 07, 2013 (4:57 pm)

Replying to: chaozz1 (Jan 06, 2013 1:51 pm)
I am new to this forum and this is my first lease that I yet to sign
 
x3 28i - premium pkg, tech pkg, roof rails, comfort keyless entry, 36 month/10K year.
 
3000 total drive off including 1st month payment, taxes etc.
 
MSRP: 47,695
Residual value: 27,992
Lease factor: 0.00125
 
lease payment: $499 + tax per month
 
good deal?
 
I feel like the residual value is high in case I need to buy it after 3 years isn't it?
 
Please let me know.

#985 of 1097 Re: Money Factor/Residual for 2013 X3 [georgiagirl13] by Car_man HOST

Jan 07, 2013 (5:16 pm)

Replying to: georgiagirl13 (Jan 02, 2013 9:41 am)
Hello georgiagirl13. BMW Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 X3 xDrive28i with 15,000 miles per year are .00130 and 57% for consumers who qualify for its top credit tiers.
 
The only cash incentive that I am aware of on this truck right now is $750 owner loyalty cash. I suspect that 2010 is too long ago to qualify for the loyalty cash, but it doesn't hurt to ask.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#986 of 1097 Re: 2013 x3 28i - January Figures [kerb] by Car_man HOST

Jan 07, 2013 (5:19 pm)

Replying to: kerb (Jan 06, 2013 1:30 pm)
Hey kerb. BMW Financial Services' January buy rate lease money factor and residual value for a 36-month lease of a 2013 X3 28i with 15,000 miles per year are .00130 and 57% for consumers who qualify for its top credit tiers.
 
I don't think that BMW is running 39-month leases this month.
 
The residual value for a lease with 12,000 miles per year would be 2% higher.
 
The loyalty offer is the only cash that I am aware of on this model right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#987 of 1097 Re: 2013 x3 28i - January Figures [Car_man] by kerb

Jan 07, 2013 (8:56 pm)

Replying to: Car_man (Jan 07, 2013 5:19 pm)
Great, thank you!

#988 of 1097 Re: 2013 x3 28i -lease payment-good? [sk_web] by sk_web

Jan 09, 2013 (3:36 pm)

Replying to: sk_web (Jan 07, 2013 4:57 pm)
Carman,
 
Can you please look at previous post and let me know if this is a good deal I am getting? The dealer has ordered the vehicle but I am yet to put any deposit.
 
thanks
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