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2013 and earlier BMW X3 Prices Paid and Buying Experience

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Comments

  • howyjrenldhowyjrenld Member Posts: 4
    Yeah, totally accurate. If you're leasing and looking to spend a little, BMW or Audi are the way to go. Purchasing, I'd stick with Japanese.
  • darthwohldarthwohl Member Posts: 10
    What an absolutely horrible tail. You need to forward your post/letter to BMW customer service. I'm sure that they would love to read it. I have a 2007 X3, and if i saw one of the techs gunning it and screaming out loud while doing so, I'd freak out on them like no tomorrow and talk to every customer service person BMW employs.

    I love my X3, and it has provided nothing short of an incredible overall experience. I suggest you not get down on BMW as a whole and find a vehicle that you like in your price range and go to a more reputable dealer. Maybe friends could provide a referral l to you?

    By the way, as you mentioned, the bait and switch tactic is probably as old as the sun! And BMW is no different than anyone else in that regard.

    Good luck and keep us updated on how things work out.
  • koberrykoberry Member Posts: 28
    Hi:

    I've held off on a car hoping December lease support might improve... can you lend a hand with residual & mf for 36 & 24 months at 15k miles/year?

    Thanks,

    Ken
  • koberrykoberry Member Posts: 28
    I'm also considering financing over 60 months - anyone know BMWFS current best rate for the X3 over 60 months? My credit scores would qualify for BMW's best rate.

    Thanks,

    Ken
  • koberrykoberry Member Posts: 28
    Here are the deals I have on the table for a 2008 X3, configured with Premium Package, Servotronic steering, xenon headlights, privacy glass, heated front seats, heated steering wheel, alpine white (no charge):

    24 Month Lease
    15,000 miles per year
    MSRP $43525.00
    SALE PRICE $41425.00
    LEASE END VALUE $32643.75 (75%)
    MO PAYMENT $620.54 INCLUDING TAX
    DUE AT SIGNING $1756.70 (650 SEC. DEPOSIT INCLUDED)
    MONEY FACTOR .00270

    --------------------------------------------------------------------------------- - -----------------
    36MO
    15000 PER YEAR
    MSRP $43525.00
    SALE PRICE $41425.00
    LEASE END VALUE $28291.25 (65%)
    MO PAYMENT $595.55 INCLUDING TAX
    DUE AT SIGNING $1731.71 (650 SEC. DEPOSIT INCLUDED)
    MONEY FACTOR .00270

    The selling price for the car is $41425, which is $1365 over invoice, but the dealer has to pay MAKO and Training Fees that aren't on the invoice, which brings my cost to $985 over 'invoice'...

    This seems to be a great deal for this car. The only rub is that I have an even more aggressive deal from Acura on their RDX base that's basically at invoice and monthly payments for 36 months ~$453/mo with no cap cost reduction....

    I'm stuck - $595/mo for the X3 or $453/mo for the RDX.... simple economics will probably win out, but I prefer the X3 (narrowly).

    hope this helps someone.

    Ken
  • koberrykoberry Member Posts: 28
    These boards appear to be largely unmoderated. I've leased two cars over the last 6 years and found these forums to be indespensible, largely due to timely response from the forum hosts. Alas, no longer seems to be the case at Edmunds.
  • kyfdxkyfdx Moderator Posts: 236,527
    I can assure you that the boards are not unmoderated... The Prices Paid boards are for members to report their prices.

    Is their some specific information that you needed? Perhaps, I can point you in the right direction.

    regards,
    kyfdx
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  • infinitimninfinitimn Member Posts: 146
    Koberry,
    I drove both the X3 and RDX this Saturday. As a returning BMW lessee I can do about $100 better on the X3 with 10k, but the 15k is worth about $40/mo.

    Base RDX is available at $425 or so including 7% NJ sales tax, so shop around some more.

    Still not sure which one to get, but the X3 needs an update.
  • beemerseekerbeemerseeker Member Posts: 11
    Hello All,

    I am a leasing newbie. I am looking for info on two vehicles, the 2008 528xi and the x3. I appreciate all of the postings from you all as they have been extremely informative. I am not going to be able to take advantage of the incentive for 12/07 because I will not be able to purchase until mid-end of January.

    I live in NNJ and would like to find out this info because according to this forum this is what I need in order to negotiate this purchase:
    1 - Invoice price on a 528xi w/nav & cold pkgs, the money factor, residual percentage, and any January incentives you may know about. Looking to lease for 24/36 mos whichever works out better with 15k/yr
    . Also, info adding prem pkg as well.
    2 - Invoice price on a x3 w/nav & cold pkgs, the money factor, residual percentage, and any January incentives you may know about. Looking to lease for 24/36 mos whichever works out better with 15k/yr

    Thanks, also any tips or rec's for dealerships and salepersons and also other deals made are appreciated.
  • bimmerdriverbimmerdriver Member Posts: 2
    Just leased my new X3 from Laurel BMW in Westmont, Ill. dealer very close to invoice price and at current lease rates (RV - 67%, MF - 0.00255). Knowing how to calculate your payments is a must at any place you go, but this dealership's internet sales department was very willing to take a low profit deal and did not insult my intelligence in the process. I found some very helpful lease calculators on bimmerfest.com under Ask-A-Dealer --> Lease Payment Calculation link. Edmund's price list for optional equipment is spot on, so don't let anyone tell you otherwise like they tried at Bill Jacob's dealership in Naperville :lemon:, and the guys at Laurel always replied to emails and were very professional.
  • bodble2bodble2 Member Posts: 4,514
    Gee, BMWUSA is offering some mighty high residuals on the X3. Too bad BMW Canada is not quite as generous.
  • syrahsyrah Member Posts: 9
    I just got the following from a Tampa, FL dealer on a X3 with premium pkg, premium sound, privacy glass. I just started using the site and wanted to know thoughts on how these numbers sound.
    36 month - 15k miles
    MSRP $43,360,
    MF=200
    Residual - 64%
    Total Start = $720
    Month Payment taxes included = $620
  • jayutmbjayutmb Member Posts: 1
    My girlfriend and I just went to a BMW here in houston and got a new 08 328i which I cosigned for due to her income and credit.. I have good income and great A+ credit so it was not a problem.. The problem came when the night we got the car we did the paper work for the lease and left with a loaner car because the car she got was in bound from "port"... They said that it was late and that the rest of the paper work would go into BMW in the AM. So for the rest of the week we heard nothing from the dealer and it was durring this time that we sold off her only car becuase we "now have" a new car... The next week they say her car is in and we should come pick it up. When we show up to get her new car, they tell us THEN that we need to fork over more cash because BMW now says that with her income she needs to have her payment note at below a certain number....So now she is left out with no car because she was under the idea for the last week and a half that the deal was done since we signed all the paper work that night and have heard nothing from them for so long :mad: .... Is there anything that can be done?
  • bodble2bodble2 Member Posts: 4,514
    I would think either they have to stick to the SIGNED deal, or the deal is cancelled and you can walk away.
  • al_macaronial_macaroni Member Posts: 2
    My wife has an e90 330i with a lease ending in late September. We are thinking about moving to a new X3 as its replacement.

    I have three questions.
    1. Does anyone know when the 2009 X3 production begins? When would I place an order for a 2009?

    2. What is the latest date I can order a 2008 so it is built before the factory transitions to the 2009 production year?

    3. What is the typical length of time it takes to receive an X3 after an order is placed?

    Thanks
  • tennisboytennisboy Member Posts: 3
    I am shopping around for a 2004 or 2005 X3. Most of what is within my budget (around $21,000) are 2004s, 2.5s or 3.0s. Three questions:

    1) Is the 2004 X3 a good car? I'm also considering an Audi A4 (2004) so any comparable guidance would be great.

    2) How much better is it to buy from a Certified Pre Owned dealer than a used lot?

    3) Is $22000-$23000 reasonable?

    Thanks!
  • tennisboytennisboy Member Posts: 3
    Well, I did it. I just bought a 2006 X3 3.0 w/40K for a killer $22K. Pretty good deal, eh? I am really excited about it!!
  • stewdystewdy Member Posts: 17
    Anybody purchased an X3 recently? I've been looking at them and was wondering what kind of deals people had been getting. Are the discounts remotely comparable to what people have been posting about X5's or much less than that? I've seen amounts nearing $7-8K off MSRP posted in the X5 forum.

    Obviously MPG is on everyone's mind right now, but honestly, the MPG difference isn't a huge one between the two vehicles, so I think it would almost be worth it to go ahead and get an X5 if the effective price difference between the two was even lower because of better incentives on the X5. Is there anything like the X5 Premium Package Incentive with the X3? Any insight would be appreciated. Thanks in advance!
  • bodble2bodble2 Member Posts: 4,514
    "...the MPG difference isn't a huge one between the two vehicles"

    I assume you're referring to the X5 3.0. If so, how's its performance compared to the X3? Right, not so good. But if you move up to the X5 4.8, the mpg gap widens.
  • szimdahlszimdahl Member Posts: 5
    I bought a 2007 X3 CPO back in April ( a little before the higher gas prices) with 6400 miles. It was a "retired" service loaner. It is Jet Black with black interior, premium package, xenons, cold climate, nav, and heated steering wheel. I paid $37,900 for it. I've only put about 2500 miles on it so far but am averaging about 22 mpg in my mixed driving commute in Chicago so far.
  • jrynnjrynn Member 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 Moderator Posts: 236,527
    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
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  • stewdystewdy Member 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 Member Posts: 4,514
    '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 Member Posts: 4,514
    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
  • waltermmwaltermm Member Posts: 5
  • waltermmwaltermm Member Posts: 5
    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
  • mazzman1mazzman1 Member Posts: 10
    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 Moderator Posts: 236,527
    BMW buy back

    I wouldn't do it...

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  • speedracer8speedracer8 Member Posts: 6
    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 Member Posts: 4,514
    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%.
  • heinzerheinzer Member Posts: 6
    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 Moderator Posts: 236,527
    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

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  • gouldngouldn Member Posts: 220
    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.
  • gnochmangnochman Member Posts: 4
    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
  • bimmerdriverbimmerdriver Member Posts: 2
    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.
  • Firebird_EOUFirebird_EOU Member Posts: 250
    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 Member 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 Member 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 Moderator Posts: 236,527
    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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  • mwg594mwg594 Member Posts: 2
    I'm not financing, so it's not an issue. The $29,000 is a walkout price. He's telling me probably giving me more like $11,000 on my trade.
  • kyfdxkyfdx Moderator Posts: 236,527
    Yeah... hard to judge with the trade... If you are happy with $11K for it, then you are probably doing okay.

    The 0.9% financing doesn't cost the dealer anything.... I'd take advantage of it (even if you don't need to).

    The "base" model comes pretty well equipped in '08.. Other than leather, it's hard to tell from the better equipped models...

    regards,
    kyfdx

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  • chewy734chewy734 Member Posts: 37
    Hey guys,

    A dealer is offering my gf an '06 X3 with 33k miles, white exterior, leather terracotta interior, premium pkg, xenons, heated seats/steering wheel, privacy glass, auto for $25900 (after taking off $1k), plus 0.9% for 60 months. Good deal?
  • dg19dg19 Member Posts: 3
    2009 white X3 with privacy glass, $39000 +TTL in Austin.
  • lawman1967lawman1967 Member Posts: 314
    Just bought a 2009 X3 minimally equipped at $37,800 against an MSRP of $41K and change.

    The vinyl is quite nice as is the rest of the car. Excellent ride and handling.
  • daleb2daleb2 Member Posts: 8
    hi Lawman1967

    What were the options on the X3 I'm looking for about the same thing but the dealer is giving me a tough time. He's not budging from close to MSRP on a cash sale I'm about ready to jump to the 2010 Mercedes GLK. Also was that off the lot or a new build
  • lawman1967lawman1967 Member Posts: 314
    My X3 only has the automatic transmission, heated front seats and privacy glass, otherwise it is totally stripped. I think it had been sitting on the lot for a while as it was the only one with the vinyl and base wheels.

    The GLK is a very nice car and a lot cheaper, though Mercedes doesn't have any special financing right now (not a consideration on a cash deal). Since you are paying cash and the price difference is as much as $5K, for a car with newer design and technology, it may be the way to go. We financed ours and BMW's 3.9 APR promotion was a factor in choosing X3 over GLK.

    GLK rides a bit softer and isn't as sporty as X3, but is more comfortable on rough surfaces.
  • mnovodvormnovodvor Member Posts: 14
    I have a deal with BMW Manhattan dealer to purchase back my X3
    after the lease.

    2006 X3 30,000 Miles White leather + heated seats
    Residual 25,700

    BMW will convert it into CPO and sell it back to me for $22,000

    I need to return the car after the lease - can't wait for new X3 or Q5 or Volvo ( was thinking about GLK though... ) - there is not much else on the market I would be interested in and current lease terms are not that good.

    Good deal?

    Michael
  • moneyballmoneyball Member Posts: 15
    You are specific enough. Does the $22k included taxes, etc?

    Do you only have leather and heated seats, or a package?

    I'd say $22k is high if it doesn't include taxes. Here in San Diego, you can get a base X3 from a dealer at around $17-$18k.

    Then around $16k from private party. There are tons of used x3 models on the lots around here. The 2006 models are coming...
  • mnovodvormnovodvor Member Posts: 14
    Spoke too soon...

    The final deal is $23,500 with 0.9 financing.

    Still not bad I think but much worse than 22K ( Dealer said that made a mistake with previous quote)
    Michael
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