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BMW X1 Lease Questions

102 messages,  Last post on May 07, 2013 at 9:29 AM

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What is this discussion about? BMW X1, Car Buying, Car Leasing, SUV

    

Messages Page 1 of 11

#1 of 102 BMW X1 Lease Questions by kyfdx HOST

Aug 08, 2012 (4:58 pm)

Ask your BMW X1 lease questions here!

#2 of 102 2013 X1 xDrive 28 Lease Rate by tony411la

Aug 11, 2012 (10:01 am)

I currently have a 2013 X1 xdrive 28 on order, completely loaded M-Sport, MSRP 47,220. It should arrive at the end of this month. Could you please tell me the current MF and Residual? Thx.

#3 of 102 Re: 2013 X1 xDrive 28 Lease Rate [tony411la] by Car_man HOST

Aug 22, 2012 (5:55 pm)

Replying to: tony411la (Aug 11, 2012 10:01 am)
I'd be happy to tony411la. BMW Financial Services' August buy rate lease money factor and residual value for a 36-month lease of a 2013 X1 xDrive28 with 15,000 miles per year are .00145 and 57%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#4 of 102 Re: 2013 X1 xDrive 28 Lease Rate [Car_man] by tony411la

Aug 25, 2012 (11:12 pm)

Replying to: Car_man (Aug 22, 2012 5:55 pm)
Thanks Car_Man!

#5 of 102 Re: 2013 X1 xDrive 28 Lease Rate [tony411la] by Car_man HOST

Aug 26, 2012 (6:33 am)

Replying to: tony411la (Aug 25, 2012 11:12 pm)
You're very welcome tony411la.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#6 of 102 Lease info on X1 xDrive28i xDrive35i by leeshuck

Aug 26, 2012 (12:50 pm)

Car_man or kydfx:
 
Could you provide current money factor and residuals for the X1 xDrive28i and xDrive35i, 36 and 48 months, 10k miles/year?
 
I'm also wondering about going 4 years vs 3 since the maintenance is covered for up to 4 years/50k miles. Do the the rates for 48 months tend to be higher than shorter term?
 
Thanks,
 
Lee

#7 of 102 Re: 2013 X1 xDrive 28 Lease Rate [Car_man] by awu0419

Aug 27, 2012 (5:29 pm)

Replying to: Car_man (Aug 22, 2012 5:55 pm)
Hi Car_man,
 
I was wondering how you obtain the MF and residual value .......
 
Is it possible to receive a better rate from BMW than the 0.00145 (APR=3.48%) MF that is being calculated with the credit score above 780 - 800 range?
 
Which one would be a better pick? Lease vs. Buy? I am getting ready to order a X1 and just wonder what is the best to go with lease or buy.....
 
Thank you for your time.

#8 of 102 BMW x1 sdrive28i Lease by stillwaterla

Aug 29, 2012 (4:00 pm)

Hey guys,
 
I plan on ordering an X1 sdrive28i with the Ultimate Package. The MSRP is $38,195 and I've been quoted a selling price of $35,525 including the destination which I believe is fairly close to invoice?
 
This is for a lease, I've received a quote for 10k miles, 60% residual and 0.00145 money factor.
 
The question I have is, they've added in License & Registration, Bank Fee ($725), Doc Fee ($85) after the MSRP. Is this typical, to make the MSRP look more attractive? Should I negotiate a lower MSRP to negate those costs, or is there no headroom for this?
 
Thanks in advance!

#9 of 102 Re: BMW x1 sdrive28i Lease [stillwaterla] by jmcbmw

Sep 01, 2012 (8:00 pm)

Replying to: stillwaterla (Aug 29, 2012 4:00 pm)
The Bank Fee is standard for all leases and you cannot get out of it. Some call it an acquisition fee. BMW's base bank fee rate I believe is $725 and the doc fee of under $100 isn't bad (I recently paid $75). You can double check the base rate bank fee but I'm pretty sure this is the lowest it gets for BMW. Considering I have seen dealer finance departments mark up the bank fee $100 to $200 and other charge hundreds for doc fees, you're getting a good lease deal if the selling price is near invoice.
 
The X1 is a brand new offering and still low inventory and will prove quite a good seller/leaser. Make sure the money factor is not marked up from base rate (which it doesn't appear based on other posts) and you have what seems to be a very good lease! Good luck!
 
PS: I saw my first on the road today and I want an X1 !!!

#10 of 102 Re: Lease info on X1 xDrive28i xDrive35i [leeshuck] by Car_man HOST

Sep 06, 2012 (6:15 pm)

Replying to: leeshuck (Aug 26, 2012 12:50 pm)
Certainly Lee. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 X1 xDrive28i with 10,000 miles per year are .00145 and 57%, respectively. The numbers for an otherwise identical 42-month lease of this vehicle are .00145 and 51%.
 
The numbers for a 2013 X1 xDrive35i are .00145 / 59% and .00145 / 53%.
 
I gave you the 42-month numbers instead of the 48-month numbers because that is the longest term that BMW's special lease money factors are available for. You definitely don't want to go with the standard rates that a 48-month lease would use.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 1 of 11

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