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2013 and earlier BMW X1 Lease Questions

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Comments

  • carshopper97carshopper97 Posts: 1
    edited June 2013
    Hi - What is the June 2013 and 2014 MF and Residuals for X1 xDrive28i?

    10k for 36/39 months, Thank you
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi carshopper97. BMW Financial Services' June 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 .00127 and 58% for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical lease of a 2014 model are .00127 and 60%.

    BMW is providing a $500 cash incentive on leases of the 2013 model, but no cash...other than loyalty...on the 2014.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • jodarojodaro Posts: 5
    Here are the specs of the car:

    In California.

    2014 X1 xDrive28i; X-Line, Ultimate, and Cold Weather packages, Mineral Gray/Black
    MSRP: $42,725
    Invoice: $39,285

    Lease offer:
    $39,945
    36 months, 12k miles per year, $2500 down.
    Residual 57% ($24353.25), money factor is 0.00167.

    Thanks!
  • jp12687jp12687 Posts: 4
    Hey All,

    I am just getting my ducks in a row about to go order a new BMW X1 2014 x28 M sport line.

    MSRP $45,350
    Invoice price: $42,210

    What is a reasonable amount i can negotiate the MSRP down?

    What is the current residual on the X1 with 12k a year/3 years?

    Current money factors?

    also is there a good place that posts residuals and money factors that i can easily check?

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jp12687. I am not intimately familiar with what the market is like for the X1 right now, but if I was in the market for one I personally would shoot for a selling price of $500 or so over the dealer invoice price that is listed here at Edmunds.com and see what happens.

    As far as the lease program goes, Audi Financial Services' July buy rate lease money factor and residual value for a 36-month lease of a 2014 X1 2.8 xDrive .00127 and 57% for consumers who qualify for its top credit tiers.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car_Man,

    Can you provide August MF and RV for 36-month & 12k mile per year lease for both 2013 & 2014 models?

    Philip
  • jp12687jp12687 Posts: 4
    Hey Newyorkphillip

    I just closed on an X1 deal last week.

    X28 M Sport
    MSRP $45,350
    Sale Price: $41,150
    Ride and Drive Discount: $1,000
    Final Sale Price $40,150
    MF .00125
    59% Residual

    $1600 in fee's

    $495 a month payment for 36/mo 12k a year
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,969
    Can you provide August MF and RV for 36-month & 12k mile per year lease for both 2013 & 2014 models?

    MF is .00125 for either model.

    Residual is 57% for the 2013 model.. 59% for 2014.

    Regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • funyunzfunyunz Posts: 3
    I just signed a lease for 2014 x1 sdrive 28i

    Base model plus premium package. Invoice was 36000. I put $1000 down and $498 a month.

    I'm not familiar money factors and residuals.

    Should I feel bad about signing this?
  • jasonmdbmwjasonmdbmw Posts: 117
    Need more info. What was MSRP and selling price? Miles per year? What state?
  • jp12687jp12687 Posts: 4
    $36k is roughly the Base model of the X28 with no add on packages...

    I had a fully tricked out x28 (M Sport, Heated seats, lighting, servtronic, ultimate package) which MSRP is like $47. I am paying $498 a month with no money down ($1,200 in dealer and DMV fee's)....
  • funyunzfunyunz Posts: 3
    Hi jasonmdbmw

    It is 10000mile for 36mons. I'm in hawaii, so I know it is usually more expensive.
  • funyunzfunyunz Posts: 3
    Hey jp12687

    What state do you live in?
  • franzfranz Posts: 16
    Hoping to get the new September residual and MF on a 2014 X1 with 36 month term and 12K miles/year. Would like to pull the trigger on ordering one of these this week.

    Can you help CarMan or kyfdx?

    Thanks so much!
  • franzfranz Posts: 16
    Should mention I'm looking at getting xDrive 28i. Also, do you know if there are any changes with incentives for September?

    Thanks!
  • They will be out tomorrow
  • franzfranz Posts: 16
    Hi Jason and Hosts,

    Would you mind posting those new September lease terms and incentives that came out today?

    Trying to finalize negotiation....

    Thanks!

    Mike
  • franzfranz Posts: 16
    Bump.

    Still hoping to get new September MF/Residuals/Incentives on a MY2014 X1 xDrive 28i. (term is 36 months and 12K/year)

    Trying to close a deal today.

    Thanks!
  • Sorry just got on here and saw this. MF is the same and RV is 56% for 12k. There is a $500 Lease/APR Conquest Cash on the X1's and cannot be combined with the Loyalty Cash. It is for non-BMW owners.
  • franzfranz Posts: 16
    Are you sure?

    I just heard from Justin Wong at New Century BMW in California that the first figures BMW sent out yesterday were wrong and that they sent out an updated list hours later and the residual was 59% for these terms.

    Thanks, Jason.
This discussion has been closed.