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2013 and earlier BMW X3 Prices Paid and Buying Experience

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Comments

  • jrynnjrynn Posts: 162
    According to a BMW news release on sales, the company has sold 31.5% fewer X3s in the US in the first half of 2008 as compared to the first half of 2007

    2007 YTD through 6/30 - 14,026
    2008 YTD through 6/30 - 9,611

    I'm surprised people aren't reporting more generous deals.
  • kyfdxkyfdx Posts: 27,620
    I would attribute part of that drop to the changes in the lease deals from last year to this year.. This year they are good... Last year they were stupid good...

    The rest you can put on the rise in gas prices, I guess...

    They don't have any dealer cash on the X3s, but they do have 0.9% financing for 60 months... That equates to about an extra 10% off, compared to market rates..

    regards,
    kyfdx
    Host-Prices Paid Forums

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • stewdystewdy Posts: 17
    Yeah, I was talking about the X5 3.0 vs the X3 as far as MPG's. The extra weight the X5 carries vs the X3 would definitely be noticeable 0-60, but that's not a huge concern since my A4 2.0T and Miata don't exactly scream off the line. Despite the fact that sales are down vs last year, there still seem to be about a 2-3:1 ratio of X5's vs. X3's on lots.
  • bodble2bodble2 Posts: 4,519
    'They don't have any dealer cash on the X3s,..."

    They do up here in Canada....up to $4500, although that may be more to address the high Canadian $.
  • bodble2bodble2 Posts: 4,519
    I just think SUVs in general, are a dying genre. First the minivan, now the SUV. Probably several factors. One, trends always come and go in cycles; two, the high gas prices, and three, the aging baby-boomers and more and more empty-nesters. Not many people need a bulky SUV anymore. Its just not as cool anymore. You think Hummer owners are getting envious looks? :P
  • I'm looking at a used '07 X3, Premium package, with 15k miles. It's a BMW buy back from a first owner. The problem was a bad ESC and has been corrected. The best deal the dealer will offer is $26.9k plus $ $350 dealer fee. Is this a reasonable deal ? Should I look further ? Are there any particular problems with the '07 model year ? Thanks, Walter
  • Hey waltermm,

    I think that is a great deal. They are going for approximately 31k or more w/ comparable mileage here in NJ. Where are you getting this deal.
  • kyfdxkyfdx Posts: 27,620
    BMW buy back

    I wouldn't do it...

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Today I was quoted a lease on an 09 X3. 15k miles/year. Interest rate 4.8%. Residual only 60% - that seems very low to me, in the past I know BMWs have had mid 60s. The sales guy said residuals are down this year for every co. Yeah maybe American cos. (some of which are stopping leases altogether), but this is BMW. Are other people getting such low residual values on X3s now?
  • bodble2bodble2 Posts: 4,519
    That doesn't sound like a good lease deal to me. At 60% residual, interest rate better be down to no more than 2.9%.
  • Hi kyfdx - I need your help - again. 37 mos ago you greatly helped me understand how leases work - and what a good price was for an 05 X3. Next month my lease is up. The X3 will have 48,000 miles. Runs and looks great. Sales person in SE PA says "turn in X3 in the morning - they will certify the car - include ext maint. -and sell it back to me in the afternoon for $23.6. I'm thinking of requesting new tires, brakes and offering $21.6. My wife is concerned about the 48K miles and thinks I should buy a new 2009 Subaru Forester. Your thoughts please
  • kyfdxkyfdx Posts: 27,620
    That looks like a pretty good offer... You'd have three years of extended warranty, plus maintenance included for the entire time...

    I doubt you'll get new tires out of the deal, but it wouldn't hurt to ask.. Don't worry about the brakes, they'll be included with the maintenance plan.

    Considering the dealer is paying close to $3K to add the CPO and maintenance, I don't think you have a lot of bargaining room.. Ask them if they can get you the 1.9% financing.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • gouldngouldn Posts: 214
    After 8 happy years of Subaru Forester ownership, I've decided to take the plunge and bought a 2007 X3, with Premium, steptronic, and a few other small options. This one was a dealer loaner. 16K miles, they were asking 35 on the window 32, on their website, and I paid 30. Its CPO, so I'm covered for quite awhile. I think I did _ok_,, there was probably more room, but I'm happy the with deal.
  • After being jerked around by another dealer, I found an '08 X3 prem, cold, and sport (fully loaded but no nav.) w/ MSRP of $45,300. I was not given the cap cost despite my persistence and dealer never confirmed the money factor or residual. In any case, the deal is $2k down, $520 per month for 36 months w/ 12K miles per year. They also mention a (~$900 acquisition/security deposit fee). Using a basic lease tool, this looks pretty good but I'm waiting for the other shoe to drop. Any thoughts would be greatly appreciated. If I can get it lower w/out more cash out of pocket, that would help too. Thanks for the support on this forum!
    -Gnoch
  • I'd suggest calling another dealer or two in the area to inquire about MF and RV so you get a better idea about what kind of deal you are getting. There is no reason why they should not give it to you. You can calculate cap cost yourself by using edmunds' invoice pricing for the X3. It is absolutely accurate, don't let them tell you otherwise. Also find out how much tax you have to pay in your area. The best way not to get fooled is to know how to calculate lease payments yourself.
  • You need to go to the dealership with the information in hand. If you don't then they can spin any kind of numbers on you.

    I would go for $0 down, $491/month including the 7% tax, that's calculated based on the sale of the car at invoice. This is 2008 not 2009 model.

    This is 15k/miles, add 2% to residual for 12k miles.

    2008 BMW X3 3.0si 4WD SUV
    24 Month – Residual 70% of MSRP – .00125 Base Rate 3%
    36 Month – Residual 62% of MSRP – .00125 Base Rate

    Additionally you can put in 7 MSD (Multiple Security Deposit) for $3,500 and reduce your monthly to $453/month and you earn over 12% on the security deposit which you get it back at end of lease.
  • leejpleejp Posts: 3
    New York Metro Area...

    2006 CPO X3
    Alpine White
    Heated Front Seats and Rain Sensing wipers otherwise base
    26,780 Miles, In service Date is DEC 2005 (CPO warranty through DEC 2011)
    $22,995 with 0.9% 36 Month Financing and First 2 Months paid by BMW

    The car is mint (hardly looks used). With tax/tags/prep fees/finance charges (interest) minus the 2 payments by BMW the total purchase cost will be just around ~$24K. The pricing was so attractive that I didn't even bother haggling with the dealer.

    I took delivery yesterday (12/31/08) and so far am very impressed with the x3. The interior space is very generous for a "small" vehicle (at least on the outside) and it is very responsive. It's almost like a taller 3-series vs a small SUV/SAV.
  • mwg594mwg594 Posts: 2
    I'm looking at a new 2008 X3 - basic car, no premium package and no extras. Dealer quotes me $40,325. I have a 2004 X3 2.5 with 67,000 miles on it and he's telling me that with my trade, I'll have to pay $29,000 for the new one.
    Feedback please. How much better can I do?
  • kyfdxkyfdx Posts: 27,620
    If it doesn't have any extras, isn't $40,325 the MSRP?

    I'm just guessing, but I doubt your current ride is worth more than $12K-$13K on a trade... Discount should be about $2500-$3000 on the new one... I guess if $29K included taxes and everything else, it wouldn't be too bad... 0.9% for 60 months included in that deal?

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