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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

    

Messages Page 101 of 110

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

Jan 15, 2013 (12:34 pm)

Replying to: Car_man (Jan 11, 2013 11:40 am)
Hi Car_man,
 
I wasn't given a sale price as I was asking if they can give me a particular lease amount.
 
The quoted MSRP: 47,695
Residual value: 27,992
 
The lease application was submitted before the new year, so I am eligible for the $1000 holiday cash from BMW financial.
 
The lease payment is $499 + tax (8.5% in my case) = $541.
X328i with premium, tech pkg, sunroof,comfort keyless, black metalic/sand beige leather.

#999 of 1097 Is this good??? by psin29

Jan 15, 2013 (2:48 pm)

This is what I was offered in NJ:
MSRP:$46295 / 57% / 0.00130
 
X3 xDrive 28i, Mineral Silver Metallic, Premium Pkg, Roof rails in Aluminum Satin, Heated front seats, Navigation system...
 
36 Months, 15K/yr
$2500 Down
$550 Monthly
 
Is this a good deal?

#1001 of 1097 tire warranty by okcloo

Jan 16, 2013 (7:45 pm)

What is everybody paying for tire warranty? I was quoted $1700+ for 3 years on x3 28i, negotiated down to $1100. I have 30 days to cancel.
 
Also, wanted to thank everyone posting on this forum for the great info, I was able to get $350 under invoice on 2013 x3 28i w/ premium, cold weather, tech pkg, aluminum roofrails, 12,000 miles/yr, $2000 drive off (1st month, fees, etc), $600/month, money factor 0.00145. In South O.C. (CA).
 
On a side note, should I have qualified for MF of 0.0013 with credit score of 739?
 
Thanks again!

#1002 of 1097 Is this a good deal? (Quote #2) by georgiagirl13

Jan 17, 2013 (10:19 am)

Hi Car Man,
 
Can you tell me if you think this is a good deal. The monthly payment still seems high to me. Also, is it normal for the Doc fee to be so high?
 
2013 X3 28i/ 36 month lease/ 15k miles year/ 57%/ .00130 MF
Premium Package, Technology Package, Cold Weather Package...
 
MSRP: $46,745
Sale Price: $43,780
Doc fee: $599
Acquisition fee: $725
License fee: $21
Gross Cap Cost: $44,505
 
Customer Cash: $2,200.01
Amt applied upfront: $1,343
Total Cap Reduction: $856.93
Net Cap Cost: $43,648.07
 
Monthly payment: $563.70 plus $39.46 tax = $603.16
 
Thanks,
Georgiagirl13

#1003 of 1097 Re: Is this a good deal? (Quote #2) [georgiagirl13] by okcloo

Jan 17, 2013 (2:58 pm)

Replying to: georgiagirl13 (Jan 17, 2013 10:19 am)
That is the correct payment for those numbers. My lease calculator shows the same, to the cent.
 
Dealerships will charge you fees in different ways so you have to watch out. For example, I was charged $80 doc fees + 385 licenese fee + misc. = TOTAL of $508.20, this excludes 9% tax on cap reduction, 1st month payment, and acquisition fee. It looks like they bundled up bunch of misc fees and called them license fees for you.
 
I would ask them to disclose ALL of the fees to you (itemized) before you sign anything.
 
How much are they asking for tire warranty on X3 i28, 3 years?

#1004 of 1097 Re: Is this a good deal? (Quote #2) [okcloo] by georgiagirl13

Jan 17, 2013 (11:23 pm)

Replying to: okcloo (Jan 17, 2013 2:58 pm)
Thanks okcloo for checking the numbers. They haven't yet mentioned tire warranty and I was unaware that it was something I should discuss during negotiation. Please let me know the warranty specifics I should ask for? What did you pay?
 
Thanks,
Georgiagirl13

#1005 of 1097 Re: Is this a good deal? (Quote #2) [georgiagirl13] by okcloo

Jan 18, 2013 (1:04 am)

Replying to: georgiagirl13 (Jan 17, 2013 11:23 pm)
The tire warranty is serviced by a 3rd party company that has contracted with BMW, and may differ from dealer to dealer(?). The one I got is covered by "Safe-Guard Products International, LLC" and it covers tires and rims with no deductible. It's something they offer at the end of the deal, along with other insurances. I literally was on my phone, during negotiations, searching for prices other people paid. A quick google search showed that it varied from 900 to 1700 for 5 years. They quoted around $1700.00 for 3 years and I negotiated down to $1100.00 for 3 years. I'm sure others paid less, but each run flat tire run around $350 in my area and I get a nail or two every year so it's worth it for me. Supposedly you can't get these tires patched, or BMW will charge you if you return the car with a patched tire. I just wished I knew what other people were paying so I could have been in a better position to negotiate. At least I have 30 days to cancel if I find a better 3rd party insurance.

#1006 of 1097 Re: Is this a good deal? (Quote #2) [georgiagirl13] by okcloo

Jan 18, 2013 (1:15 am)

Replying to: georgiagirl13 (Jan 17, 2013 11:23 pm)
BTW, the deal I was able to negotiate was a sell price of $43,994.99. The MSRP was $47,545 (tech pkg, prem pkg, cold weather, aluminum roof rails), invoice was $44,340.00.

#1007 of 1097 Good deal? by jc_hills

Jan 18, 2013 (4:09 pm)

Ok, so it seems that I got a crazy low price according to all dealers and nobody can beat it. From what I heard, and I called about 4 different dealers is that I am getting the payment for a Basic X3 with Sunroof (thats it) and instead receiving and X3 with a lot more options. this is the offer:
 
X3 28i with Sunroof, Roof rails, leatheratte, distance sensors, BMW assist, XM 1 year with 10k and 36 months, $0 down (only fees, tags and 1st month for $2k).
 
MSRP 43095
Sale 40190
MF .00130
Residual 61%
Payment $499 + tax
 
Thoughts?
 
thanks!

Messages Page 101 of 110

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