102 messages,
Last post on May 07, 2013 at 9:29 AM
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BMW X1, Car Buying, Car Leasing, SUV
#57 of 102 RE: January Money Factor
by joshdent
Jan 20, 2013 (8:18 am)
Car man,
I was in the BMW dealer yesterday negotiating a lease on a BMW X1 xDrive 28i with 15k for 36 months. The money factor used was .00140 NOT .00130 as listed above in a previous email exchange, although the residual was identical. It was clearly displayed on the auto lease calculator we page the dealer went over with me, and this was for top credit class. I don't know where your sources are for this information- is it possible the salesperson had it wrong? Do I have to review it with them? "Could you please recheck the money factor?" Any thoughts?
Thanks!
#58 of 102 RE: January Money Factor [joshdent]
by Car_man HOST
Jan 20, 2013 (8:23 am)
Hi joshdent. The .00130 money factor is definitely correct. If I was working on this deal I personally would make sure that the dealer used it to calculate my monthly payment.
Car_man
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#60 of 102 Jan/Feb Rates
by timc01
Jan 26, 2013 (4:25 am)
Hi Car Man,
Can you please advise MF and Residual for X1 10k 36mths? Are the Feb rates available yet?
Also do you have the rates for a one-time payment lease? I know these are different.
Thanks!
#61 of 102 RE: January Money Factor [joshdent]
by collurap
Jan 29, 2013 (9:42 am)
If you leased the x1 as described, would you mind posting the final details (purchase price, monthly payments)? I'm looking for pretty much the same specs and terms. thanks
#62 of 102 Re: Jan/Feb Rates [timc01]
by Car_man HOST
Feb 03, 2013 (8:50 am)
Certainly timc01. According to the latest information that I have seen, 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 .00130 and 60% for consumers who qualify for its top credit tiers.
I don't often see information about advance-pay leases, but the last time I checked into BMW's program it provided a .00080 money factor reduction for them.
Car_man
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#63 of 102 Re: X1 Lease [Car_man]
by voldermort
Feb 04, 2013 (11:21 am)
Hi Car_Man, well I've asked them for the paper work, and they haven't sent it to me. I'm not sure if it's a great deal......also, I'm wondering if you know if the $500 i gave them is refundable if for some reason, I don't like the numbers? It's really taking a long time, and I'm begining to think there will be surprises with the numbers!
Thank you!
#64 of 102 Re: X1 Lease [voldermort]
by Car_man HOST
Feb 10, 2013 (8:06 am)
Hi voldermort. If you haven't physically taken delivery of the vehicle and it wasn't some sort of special order then any deposit that you made would likely be refundable. Though this should be clarified prior to making any deposit to begin with, you should have a strong case for getting the $500 back if you don't go forward with the deal. Having said that, the fact that it should be refundable and actually getting the dealer to give you money are two entirely different things. I have found that it is often very, very difficult to get dealers to give money back once it's in their hands.
Car_man
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#65 of 102 lease factor and residual value for new BMW X1
by sepi60
Mar 16, 2013 (12:05 am)
Hi everyone,
Can someone please post the latest numbers for money factor and residual value for 10,000, 12,000, and 15,000 miles 36 month lease of xDrive 28i X1?
I appreciate your help.
#66 of 102 Re: lease factor and residual value for new BMW X1 [sepi60]
by jasonmdbmw
Mar 16, 2013 (11:12 am)
.00130 and 60, 59, and 57% residuals