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2014 BMW X3 Lease Questions

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  • daveicdaveic Posts: 2

    Yes, was 36 months. Thank you!

  • jkumartjkumart Posts: 1

    Looking to lease 2014 X3 x28i, $50275 MSRP, what would be the august MF and residual ?

  • kyfdxkyfdx Posts: 29,850

    @jkumart said: Looking to lease 2014 X3 x28i, $50275 MSRP, what would be the august MF and residual ?

    .00120 MF and 54% residual for 36mo, 15K/yr

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  • gars1gars1 Posts: 3

    Looking to lease 2015 X3 x35i, what would be the August MF and residual?

  • kyfdxkyfdx Posts: 29,850

    @gars1 said: Looking to lease 2015 X3 x35i, what would be the August MF and residual?

    .00130 MF and 53% residual

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  • ssk262ssk262 Posts: 3

    Hello, looking for the August MF and Residual for 2015 28i with 10k miles per year. Thanks!

  • wheelson8wheelson8 Posts: 11

    Can anyone please comment on this lease?

    BMW x3 xdrive 28i 36months 10k miles msrp 48,700 (premium, color, drive assist, nav and heated front) selling price at 43,818

    residual 56% MF .0013

    $725 bank fee $69 doc fee $399 estimated new car MV ??? $97.08 Tax on bank and doc fee

    monthly payment net of taxes $609

    TIA

  • MichaellMichaell ColoradoPosts: 6,410

    @ssk262 said: Hello, looking for the August MF and Residual for 2015 28i with 10k miles per year. Thanks!

    What lease term? MF is .00130.

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  • ltyentaltyenta Posts: 20

    @wheelson8 said: Can anyone please comment on this lease?

    BMW x3 xdrive 28i 36months 10k miles msrp 48,700 (premium, color, drive assist, nav and heated front) selling price at 43,818

    residual 56% MF .0013

    $725 bank fee $69 doc fee $399 estimated new car MV ??? $97.08 Tax on bank and doc fee

    monthly payment net of taxes $609

    TIA

    Tia

    Based on the numbers you provided the payment before taxes should be $552.03. See below

    MSRP 48,700 x 56% = $27272.00

    43818 - 27272 = 16546 / 36 = 459.61 (Base Payment)

    43818 + 27272 = 71090 x .0013 = 92.42

    459.61 + 92.42 = $552.03 (Before Taxes)

    If they gave you a payment of $609 (before taxes) they are making rate on you. They are using .0021 for the money factor. See below:

    MSRP 48,700 x 56% = $27272.00

    43818 - 27272 = 16546 / 36 = 459.61 (Base Payment)

    43818 + 27272 = 71090 x .0021 = 149.29

    459.61 + = $608.90 (Before Taxes)

  • MichaellMichaell ColoradoPosts: 6,410

    @wheelson8 said: Can anyone please comment on this lease?

    BMW x3 xdrive 28i 36months 10k miles msrp 48,700 (premium, color, drive assist, nav and heated front) selling price at 43,818

    residual 56% MF .0013

    $725 bank fee $69 doc fee $399 estimated new car MV ??? $97.08 Tax on bank and doc fee

    monthly payment net of taxes $609

    TIA

    I'm getting a pre-tax payment of $552.03/mo when I use your numbers. Are all the up front costs being rolled into the cap cost or are you paying them at lease inception?

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  • wheelson8wheelson8 Posts: 11

    yes that's correct i also get $552 before tax. After NY tax payment is $609 (which is weird because I calc it to be 601) but assuming the $8 difference is because I'm rolling taxes into payment vs paying upfront. How is this deal?

    Assuming better to roll all upfront costs? So roughly ((725+69+399+97.08)/36 = $36 extra per month? Can you roll all upfront costs? any that are ineligible?

    Thanks in advance

  • MichaellMichaell ColoradoPosts: 6,410

    @wheelson8 said: yes that's correct i also get $552 before tax. After NY tax payment is $609 (which is weird because I calc it to be 601) but assuming the $8 difference is because I'm rolling taxes into payment vs paying upfront. How is this deal?

    Assuming better to roll all upfront costs? So roughly ((725+69+399+97.08)/36 = $36 extra per month? Can you roll all upfront costs? any that are ineligible?

    Thanks in advance

    I believe you can roll in all the upfront costs into the lease; however, my co-host is a bit more knowledgeable on the details of BMW leases and will let him comment as well.

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  • kyfdxkyfdx Posts: 29,850

    @wheelson8 said: yes that's correct i also get $552 before tax. After NY tax payment is $609 (which is weird because I calc it to be 601) but assuming the $8 difference is because I'm rolling taxes into payment vs paying upfront. How is this deal?

    Assuming better to roll all upfront costs? So roughly ((725+69+399+97.08)/36 = $36 extra per month? Can you roll all upfront costs? any that are ineligible?

    Thanks in advance

    You can roll just about anything into the lease, but you may not want to roll in non-taxable items, such as title/registration fees, as you may turn them into taxable items.

    As you noted, rolling taxes into the lease will result in a slight difference, as you are basically paying interest on anything in the CAP cost. But, the same caveats about downpayments apply to taxes and acquisition fee.. Rolling them in is better.

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  • wheelson8wheelson8 Posts: 11

    Got it. Thanks

    can you comment about the deal and terms of lease?

  • kyfdxkyfdx Posts: 29,850

    @wheelson8 said: Got it. Thanks

    can you comment about the deal and terms of lease?

    Probably as good as you can do on an X3. The lease program isn't outstanding, but you are getting all of the base rates and a good discount on the selling price.

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  • ssk262ssk262 Posts: 3

    @Michaell said: What lease term? MF is .00130.

    3 years

  • wheelson8wheelson8 Posts: 11

    @kyfdx said: Probably as good as you can do on an X3. The lease program isn't outstanding, but you are getting all of the base rates and a good discount on the selling price.

    I also have a credit for a 4 series drive event. Is it better to use this to apply against cap cost or used against fees?

  • MichaellMichaell ColoradoPosts: 6,410

    @ssk262 said: Hello, looking for the August MF and Residual for 2015 28i with 10k miles per year. Thanks! 3 years

    .00130 and 56% for xDrive 28i. Add 1% for sDrive.

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  • MichaellMichaell ColoradoPosts: 6,410

    @wheelson8 said: I also have a credit for a 4 series drive event. Is it better to use this to apply against cap cost or used against fees?

    Your call ... the $1000 will reduce your payment by $28/mo on a 3 year lease either way. Just depends on how much out of pocket you want to come up with.

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  • wheelson8wheelson8 Posts: 11

    also typo above with the fees

    $725 bank fee

    $369 doc fee

    $399 estimated new car MV

    $97.08 Tax on bank and doc fee

    anyone know what this MV fee is? asked why doc fee was so high and they stated it's because of the saving she was giving me on the sell price. Is this just another way to make additional profit here?

    with MSD my payment comes to $569 net of taxes and with fees rolled in comes to $619. that sound about right?

  • wheelson8wheelson8 Posts: 11

    disregard the MV fee question. Motor Vehicle..duh

  • sbvbcbobsbvbcbob Posts: 1

    Looking to lease a 2014 or 2015 X3d diesel, approx MSRP $47,000. Need help with approx discount % below MSRP, and current MF, and residual % for 36 month / 15K miles

  • MichaellMichaell ColoradoPosts: 6,410

    @sbvbcbob said: Looking to lease a 2014 or 2015 X3d diesel, approx MSRP $47,000. Need help with approx discount % below MSRP, and current MF, and residual % for 36 month / 15K miles

    There is no 2014 x3d, only 2015.

    .00130 MF and 53% RV for 36/15.

    Use the shopping tools at the top of the page to determine your target price.

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  • nickw44nickw44 Posts: 9

    Trying to decide bewteen a few SUV's ..needed some help on MF/Residual on:

    2015 X3 2.8xdrive 36m/10K & 36m/12K

    2015 X3 3.5xdrive 36m/10K & 36m/12K

    2014 X3 2.8xdrive 36m/10K & 36m/12K

    2014 X3 3.5xdrive 36m/10K & 36m/12K

    Incentives / lease cash ?

  • MichaellMichaell ColoradoPosts: 6,410

    @nickw44 said: Trying to decide bewteen a few SUV's ..needed some help on MF/Residual on:

    2015 X3 2.8xdrive 36m/10K & 36m/12K

    2015 X3 3.5xdrive 36m/10K & 36m/12K

    2014 X3 2.8xdrive 36m/10K & 36m/12K

    2014 X3 3.5xdrive 36m/10K & 36m/12K

    Incentives / lease cash ?

    .00130 MF for all models.

    2014 x28 and x35 - 56%. Add 1% for 10K

    2015 x28 and x35- 55%. Add 1% for 10K.

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  • murphydogmurphydog Posts: 507

    Any incentives on the 2014 X3? I am not seeing anything on the Edmunds home page?

  • kyfdxkyfdx Posts: 29,850

    @murphydog said: Any incentives on the 2014 X3? I am not seeing anything on the Edmunds home page?

    Earlier, they had $2000.. I'm assuming it's still there, even though it doesn't show on the lease docs.. (I'm 95% positive it's still $2000)

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  • cliffpozcliffpoz Posts: 59

    How is this deal:

    2015 BMW X3 xDrive28i

    Premium Package Technology Package Driver Assistance Pkg Panoramic moonroof (included / no charge) Heated Front Seats Navigation system (included / no charge) Total MSRP as Configured:$49,700.00 Lender: BMW FS Type: Lease Term: 36 Months Miles per year: 10,000 miles/year Tax State: NY First Payment: $620.96 + Security: $4,550.00 + Cap Red: $0.00 + Rebate Cap Red: $1,000.00 + Tax on Cap Red: $73.75 + DMV Fees: $0.00 + Smog Fee: $5.00 + Lemon Law Fee: $3.00 + Doc Fee: $349.00 + Other Fees: $0.00 + Tax on Fees: $25.74 - Rebate: $1,000.00 = Cash Due on Lease: $5,627.45 - Trade Equity to COD: $0.00 = Total Cash Due: $5,627.45 - Deposit: $0.00 = Cash on Delivery: $5,627.45

    Dealer said $3400 discount plus $1000 discount for test drive.

  • MichaellMichaell ColoradoPosts: 6,410

    @cliffpoz said: How is this deal:

    2015 BMW X3 xDrive28i

    Premium Package Technology Package Driver Assistance Pkg Panoramic moonroof (included / no charge) Heated Front Seats Navigation system (included / no charge) Total MSRP as Configured:$49,700.00 Lender: BMW FS Type: Lease Term: 36 Months Miles per year: 10,000 miles/year Tax State: NY First Payment: $620.96 + Security: $4,550.00 + Cap Red: $0.00 + Rebate Cap Red: $1,000.00 + Tax on Cap Red: $73.75 + DMV Fees: $0.00 + Smog Fee: $5.00 + Lemon Law Fee: $3.00 + Doc Fee: $349.00 + Other Fees: $0.00 + Tax on Fees: $25.74 - Rebate: $1,000.00 = Cash Due on Lease: $5,627.45 - Trade Equity to COD: $0.00 = Total Cash Due: $5,627.45 - Deposit: $0.00 = Cash on Delivery: $5,627.45

    Dealer said $3400 discount plus $1000 discount for test drive.

    MF is .00130 (.00081 after MSD) and residual is 56% for 36/10.

    With your MSRP and cap cost of $43,500 I get a pre-tax payment of $544.46. I suspect the NY sales tax is being added back into the cap cost to get the higher payment of your quote.

    I can't tell if the MF is being inflated from this information.

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  • Patelshivam94Patelshivam94 NJPosts: 19
    edited September 1
    Can I get the September numbers please, when available, on:

    2014 X3 xDrive 28i
    2014 X3 xDrive 35i

    2015 X3 xDrive 28i.

    3 years / 15K Miles per year.

    Thanks, in advance.
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