105 messages,
Last post on Jun 12, 2013 at 10:20 AM
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BMW X1, Car Buying, Car Leasing, SUV
Nov 27, 2012 (12:12 pm)
Hi Car_Man,
Can you provide BMW Financial Services' November buy rate lease money factor and residual value for a 36-month lease of a 2013 X1 xDrive28i with 10,000 miles per year as well as same for 12,000 miles per year? As I will probably be committing to the lease in December when would you have December rates as well? Thanks so much!
#34 of 105 Lease Info on sDrive28i
by hattri
Dec 04, 2012 (10:46 pm)
Hi Car_Man,
Could you please share residual and money factor for December in Seattle area, for 2013 sDrive28i with 10,000 miles/yr for 36 months?
Thanks!
#35 of 105 Lease feedback
by targetx1
Dec 06, 2012 (12:43 pm)
My dealer is using a money factor higher than what I've seen posted here (0.00165) and I'm trying to secure a 3-year /12K miles lease payment of ~$607 on an X1 (MRSP of $37090). Part of the trick is a trade that is involved where I'm adding about $2K in negative equity to the deal. My planned down payment is $1650. Am I off on my expectations? Their current offer stands
$642.
On a separate note, the X1 is a nice addition to the BMW line-up. I am a current Audi owner and I was please with the driveability of the X1 - plus of course, functionality and looks.
Thanks in advance for your input!
#36 of 105 Re: Lease info on X1 xDrive28i [cartman503]
by Car_man HOST
Dec 09, 2012 (8:05 am)
Hi cartman503. The semantics are between you and the dealer, but dealerships don't foot the bill for the cash incentives... BMW does. So if there is a $1,000 cash incentive on the vehicle that you want, in a way I suppose that one could say that its dealer invoice price is $1,000 lower.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#37 of 105 Re: Lease [allanny13]
by Car_man HOST
Dec 09, 2012 (8:10 am)
Hello allanny13. BMW Financial Services' current buy rate lease money factor and residual value for a 36-month lease of a 2013 X1 xDrive28i with 12,000 miles per year are .00125 and 59% for consumers who qualify for its top credit tiers.
The residual value for a lease with 10,000 miles per year would be 1% higher.
There is currently a $500 holiday cash incentive on the X1. Make sure to take it into account in your negotiations.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#38 of 105 Re: Lease Info on sDrive28i [hattri]
by Car_man HOST
Dec 09, 2012 (8:13 am)
Certainly hattri. BMW Financial Services' December buy rate lease money factor and residual value for a 36-month lease of a 2013 X1 sDrive28i with 10,000 miles per year are .00125 and 60% for consumers who qualify for its top credit tiers.
There is a $500 cash incentive for everyone and $750 loyalty cash on this vehicle this month.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Dec 12, 2012 (4:44 pm)
Hi Car_Man
So this year I am looking at the X1.
I'm confused abt what Edmunds and CarPriceSecrets and TrueCar post as their MSRP and Invoice Price. They all tell me different when they call me.
Actually I found that Edmunds showed a better TMV for this vehicle.
I live in NY, have had BMW's past 9 years, lease it and for this car, which I am looking at leasing (2)...1 my daughter will be leasing again. I don't know for sure what numbers I should be looking at. The only option I am looking for is the Cold Weather Package, and the Servotronic, and Bluetooth (apparently now we have to pay for this feature?).
Can you please guide me, and help me what I a good price would be, and the residual and MF for 12,000 miles, 36 months?
Thank you so much again!
Hermie
Dec 13, 2012 (11:42 am)
Hi, I'm just wondering if you have gotten around to reading my post from yesterday.
I am hoping you help me with regard to the leasing of this vehicle at 12,000 miles, for NY area.
Thank you!
Hermie
#42 of 105 X1 Lease not penciling out
by x1_buyer
Dec 13, 2012 (11:08 pm)
Can anyone help me do a sanity check on this lease? It looks WRONG.
Term = 36 mos.
MF = .00125
Residual = 59%
Tax = 8.38% (on lease payment, not car value)
Acquisition Fee = $725
Fees, MSRP, negotiated price all shown in image.
My calcs show $554/mo -- not $618. What am I missing? (Or how am I being taken?)
Thanks in advance!