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2014 BMW X3 Lease Questions

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Comments

  • murphydogmurphydog Posts: 503

    All

    Does BMW do a big winter promotion like Lexus/MB and others? If so are they aggressive on lease rates and what not? Just curious?

  • imjuspiayinimjuspiayin Posts: 4
    edited September 2

    Hello,

    I am looking to lease a 2015 x3 2.8i xDrive and am looking for some guidance. This will be my 7th or 8th BMW but the first time I am actually trying to get the best deal possible. Please let me know what you guys think of the following deal and suggestions on how I could do better:

    36 Months/10,000 Miles MSRP: $50,925.00 Selling Price: $47, 549.00 Residual: 56% MF: .0013 NJ Sales Tax (7%): $1771.32 Registration & Doc Fee: $782.73 Bank Fee: $925.00 Tire Tax: $6.00

    Total Due at Signing (Tax, Reg/Doc Fee, Bank Fee, 1st Month): $4,110.00 Monthly Payment: $624.95

    I don't think this is a great deal at all but I may be wrong. The selling price is $1,219 over invoice. I believe there is a loyalty incentive as well for leasing another BMW since I am ending another lease from the same dealership? Does anybody know if there are any other incentives currently on the 2015 x3? Any help would be greatly appreciated... thank you so much!

  • kyfdxkyfdx Posts: 29,217

    @imjuspiayin said: Hello,

    I am looking to lease a 2015 x3 2.8i xDrive and am looking for some guidance. This will be my 7th or 8th BMW but the first time I am actually trying to get the best deal possible. Please let me know what you guys think of the following deal and suggestions on how I could do better:

    36 Months/10,000 Miles MSRP: $50,925.00 Selling Price: $47, 549.00 Residual: 56% MF: .0013 NJ Sales Tax (7%): $1771.32 Registration & Doc Fee: $782.73 Bank Fee: $925.00 Tire Tax: $6.00

    Total Due at Signing (Tax, Reg/Doc Fee, Bank Fee, 1st Month): $4,110.00 Monthly Payment: $624.95

    I don't think this is a great deal at all but I may be wrong. The selling price is $1,219 over invoice. I believe there is a loyalty incentive as well for leasing another BMW since I am ending another lease from the same dealership? Does anybody know if there are any other incentives currently on the 2015 x3? Any help would be greatly appreciated... thank you so much!

    For September, the MF is .00129 and the residual is still 56%. The bank fee is marked up from the $725 base amount. I don't think there are any incentives, though they should waive your disposition fee from your returning lease.

    The price is 6-7% off, which is decent.. The X3 doesn't have a really great lease program, so it's not going to be cheap, no matter what. You might be able to knock another $500-$750 off the deal. I would roll most of those upfront costs into the lease... At least everything but the 1st payment and registration. The calculated payment is right on the money... Not cheap.. If you can knock $750 off your total cost, that would lower the payment by about $22/mo.

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    Prices Paid, Lease Questions, SUVs

  • Can I get the September numbers please on:

    2014 X3 xDrive 28i
    2014 X3 xDrive 35i

    2015 X3 xDrive 28i.

    3 years / 15K Miles per year.

    Thanks, in advance.
  • MichaellMichaell ColoradoPosts: 5,659

    @Patelshivam94 said: Can I get the September numbers please on:
    2014 X3 xDrive 28i and 2014 X3 xDrive 35i

    I don't have any numbers on the 2014 X3 for September - must be sold out


    2015 X3 xDrive 28i.

    .00129 and 54%


    3 years / 15K Miles per year.
    Thanks, in advance.

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  • What about used 2014's and Executive Demo's?
  • kyfdxkyfdx Posts: 29,217

    @Patelshivam94 said: What about used 2014's and Executive Demo's?

    It doesn't look like they are leasing the 2014 X3 any more. All incentives were converted to dealer cash, and they are eligible for 1.9% financing.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • orangeman99orangeman99 Posts: 37
    edited September 16
    Hi all,
    I have had 5 leases in the past (2 Jeeps, and 3 Toyotas), and I'm looking to upgrade to something better. I just started looking at the X3.

    What can I expect to pay (lease) for a 2015 X3 xDrive 28i, with technology pkg, drive assistance pkg, and driver assistance plus. MSRP 47,350 (Invoice 43,580).

    I'm looking for 3 year lease (10k per year), with only first month and DMV fees down.

    Is $650 possible?

    Thanks.
  • MichaellMichaell ColoradoPosts: 5,659

    Hi all,
    I have had 5 leases in the past (2 Jeeps, and 3 Toyotas), and I'm looking to upgrade to something better. I just started looking at the X3.

    What can I expect to pay (lease) for a 2015 X3 xDrive 28i, with technology pkg, drive assistance pkg, and driver assistance plus. MSRP 47,350 (Invoice 43,580).

    I'm looking for 3 year lease (10k per year), with only first month and DMV fees down.

    Is $650 possible?

    Thanks.

    MF is .00129 and the 36/10 residual is 57%. If you can get the selling price down to invoice, your pre-tax payment works out to $551.88/mo for 36 months.

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    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
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  • Thanks for the info.
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