Last post on Dec 11, 2013 at 4:42 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW X3, Car Leasing, SUV
#1195 of 1204 Re: lease advice? [bimmercloud]
Dec 05, 2013 (8:34 am)
we need to see the deal, what is the money factor, sale price, any other monies down from BMW??? Kind hard to say until the numbers are shown
#1196 of 1204 Re: BMW X3 Lease Question [hedges1]
Dec 06, 2013 (9:11 am)
Looking for the December updates as well. Anyone?
#1198 of 1204 Is this a good lease deal?
Dec 08, 2013 (9:28 am)
Received a quote for:
white w/beige leatherette, Driver Assistance Package, Panoramic moonroof; heated seats, wood trim, navigation.
LEV Rt/Mt 59.00% $27,685.75
Cap Cost: $43,245
Cash down: $1,000
Total Cap Reduction $18.07
Adjusted Cap Cost: $44,231.93
Monthly payment $575 (includes 8% sales tax)
Is this a good deal?
Thanks in advance!
#1199 of 1204 Re: Is this a good lease deal? [babtong]
Dec 08, 2013 (9:49 am)
When I configure your car as you describe, I come up $750 short of your number. After spending a couple mins trying to find a combination to find the $750 I couldn't. Their is $750 Holiday credit right now. Could they be adding $750 to MSRP so the incentive negates out?
#1200 of 1204 Re: Is this a good lease deal? [triguy3]
Dec 08, 2013 (10:30 am)
Sorry, I think the Destination Charge of $925 is in that total.
The original monthly payment they gave me was $593.48 with tax, but said they would reduce it to $575/month.
I just realized, this does not include keyless entry. I hate hunting for my keys.
#1201 of 1204 Re: Is this a good lease deal? [babtong]
Dec 08, 2013 (9:58 am)
Oh, and the $1k drive off is total, no other extra fees.
#1202 of 1204 Re: BMW X3 Lease Question [hedges1]
by kyfdx@Edmunds HOST
Dec 11, 2013 (4:27 pm)
2014 X3 xDrive 28i 36mo, 15K/yr lease
.00125 MF and 56% residual
$750 Holiday cash and $500 lease loyalty
Same numbers for the 35i model...
#1203 of 1204 Re: BMW X3 Lease Question [kyfdx@Edmunds]
Dec 11, 2013 (4:34 pm)
I find interesting that the resale value of the X3 are high on dealer lots, but the residual that BMW gives doesn't reflect this. I guess BMW wants more 320is out on the road then X3's....
#1204 of 1204 Re: BMW X3 Lease Question [flightnurse]
by kyfdx@Edmunds HOST
Dec 11, 2013 (4:42 pm)
That's exactly it... Residuals can be manipulated to provide an incentive to lease.. Cars that are desirable and selling well without incentives often have residuals that are actually lower than you would expect. (See: every Audi.. lol)
The first generation X3 often had pretty good lease subsidies in the form of higher residuals, and they sold a bunch of them... The new model has never had a great lease program, but they also don't seem to care to sell them in volume, either... which is unfortunate, if that is the vehicle you want.