Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2014 BMW X3 Lease Questions

1356713

Comments

  • rgadrgad Posts: 4

    Looking for X3 xDrive28i MF and Residual for Jan'14 (3 year lease / 10k miles per year). Also, any current leasing incentives on this vehicle (loyalty or otherwise)?

    Any help that you could provide would be much appreciated! Thanks!

  • kyfdxkyfdx Posts: 30,552

    .00130 MF and 57% residual

    I see $500 option credit and $500 drive credit. Not sure what those two entail, but there you are.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • ortegaortega Posts: 57

    kyfdx, Could you confirm what the January MF and residual is for an X3 28i w/15k miles/yr? Also, any info you can provide on current incentives for returning BMW lessees would be helpful as well. Just got contacted by my dealer about returning my X3 early (lease up in June) with no penalties...seems kinda early and I'm wondering how aggressive the incentives are for them to be doing this.

  • kyfdxkyfdx Posts: 30,552

    @ortega said: kyfdx, Could you confirm what the January MF and residual is for an X3 28i w/15k miles/yr? Also, any info you can provide on current incentives for returning BMW lessees would be helpful as well. Just got contacted by my dealer about returning my X3 early (lease up in June) with no penalties...seems kinda early and I'm wondering how aggressive the incentives are for them to be doing this.

    .00130 MF and 54% residual for 36 months. $1500 in credits. They do have a pull-ahead program to waive up to three payments, if your lease ends by July 31st or earlier (2010 and 2011 models).

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • aussiemomaussiemom MichiganPosts: 23

    @kyfdx Good Mornin'! I read somewhere Thursday/Friday that BMW has over $3,000 in hidden dealer monies floating around. Know or heard anything about this? I see from above posts that the money factor has remained @ .00130, and residual still 56% for 12k? Have a great deal on 2014 Cadi SRX AWD LUX, but the insurance surprisingly is more expensive than the X3! SRX is a beautiful vehicle, but the the gas mileage is not so hot! Have two more weeks to seal the deal!

  • kyfdxkyfdx Posts: 30,552

    Yes.. .still .00130 MF and 56% residual.

    I see $1500 in incentives, but there may be some owner loyalty or other incentives that I'm not aware of..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Did the February money factor change? The advertised lease price just went down by $30 per month. They added $250 to the advertised down payment (3250), but I didn't see any other changes.

  • kyfdxkyfdx Posts: 30,552

    MF for February is still .00130

    Cash from BMW went up to $1500 from $1000

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • voldermortvoldermort Posts: 65
    edited February 24

    Hi kyfdx@Edmunds, so I looking into leasing another BMW 2014 x3..xdrive28i...and comparing to the 2015 x3...xdrive28i. I don't know which I should get. Options cold weather package, premium pack, panoramic moon roof. I got an internet quote of $38,915. Please tell me what the lease would be for 12K a month, 36 month lease? btw: I'm hoping to get the car the first week of April when the lease is up. do you know what the MF & residual is for March on BMW lease? Thank you again Kyfdx!

  • kyfdxkyfdx Posts: 30,552

    @voldermort said: Hi kyfdx@Edmunds, so I looking into leasing another BMW 2014 x3..xdrive28i...and comparing to the 2015 x3...xdrive28i. I don't know which I should get. Options cold weather package, premium pack, panoramic moon roof. I got an internet quote of $38,915. Please tell me what the lease would be for 12K a month, 36 month lease? btw: I'm hoping to get the car the first week of April when the lease is up. do you know what the MF & residual is for March on BMW lease? Thank you again Kyfdx!

    I don't have any March numbers. When does the 2015 model come out?

    Can't calculate a lease without the MSRP.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • ops! I totally forgot.....sorry. MSRP is $39,800 not including the the destination fee, (925) doc fee (75)... tku again.

  • okay, so can anyone help me with this? I don't know if this is worth it! I've been reading the posts, and I don't see where the MF or Residual are for the 2014 X3....and I got a quote from a dealer for the above $38,915 with MSRP of $39,800. Options are cold weather package, premium pak, and pano-roof. 3 year lease with 10k and possibly 12k miles a year. I'm a BMW loyal for past 10 years or so. Anyone? I need to know soon, so that I know where to start shopping for another dealer fast! Thank you. If I forgot something, I'm sorry. I'm not as clever as most of you are. :(

  • kyfdxkyfdx Posts: 30,552

    @voldermort said: okay, so can anyone help me with this? I don't know if this is worth it! I've been reading the posts, and I don't see where the MF or Residual are for the 2014 X3....and I got a quote from a dealer for the above $38,915 with MSRP of $39,800. Options are cold weather package, premium pak, and pano-roof. 3 year lease with 10k and possibly 12k miles a year. I'm a BMW loyal for past 10 years or so. Anyone? I need to know soon, so that I know where to start shopping for another dealer fast! Thank you. If I forgot something, I'm sorry. I'm not as clever as most of you are. :(

    The 2014 X3 has $1500 of incentives on it from BMW, yet your dealer is only giving you a discount of $885? Did they quote a monthly payment? And, how much due at signing?

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • I had no idea about the $1500 of incentives. Is today the last day? I hope not! The dealer called me once, I was at a meeting, and asked him to call me back and he never did. I used TrueCar btw

    I'm looking at the sheet I printed out. It looks like this...

    Base Msrp - 39,800 Total Options - 4,150 (Cold Weather Pkg, Premium Package $4,150) Dest. Fee 925 Total MSRP - 44,875

    then -$5,485 (off a base MSRP of $39,800) Drive credit -$1,000 - 375 on options with an MSRP of $4,150 - 100 Amex Card Member (expires today)

    Dealer Price - $38,915 +Doc Fee 75 Total $38,990

    (excluding NY Long Island tax, Title)

    Invoice MSRP - $36,616 total options - 3,775 Dest fee 925 Total Invoice $41,315 Add Doc Fee 75 Total Total $41,390

    This doesn't reflect the Drive credit of $1,000, $100 amex. So where is the $1,500 taken from. I am totally confused.

    What should be the best deal? Thank you kfdx.......

    I still don't know what the MF or residual is... I don't know what the monthly lease would be for 3 years, 10k or 12k. And my BMW loyalty come into account? There will be no down payment. I remember reading that one shouldn't put any DP, besides I don't have any to put down.

    Thanks for all your help.

  • kyfdxkyfdx Posts: 30,552

    In your first post, you said MSRP of $39,800 and selling price of $38,915. Now, you've given a total MSRP of $44,875. That's not a minor difference.. lol.

    The $1000 drive credit is part of the $1500 incentives I referenced.

    The BMW lease programs expired on Friday, but there will be another one starting today... We'll have to wait a little while to see them.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • voldermortvoldermort Posts: 65

    I know, I'm so sorry. :( Thank you though for your trouble and patience. I wait to see what you have found out for the March lease programs. Thank you again....I'll check in tomorrow.

  • kyfdxkyfdx Posts: 30,552

    @voldermort said: I know, I'm so sorry. :( Thank you though for your trouble and patience. I wait to see what you have found out for the March lease programs. Thank you again....I'll check in tomorrow.

    2014 X3 xDrive 28i

    .00120 MF and 56% for 36mo, 12K/yr lease. $2000 build-out cash.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • voldermortvoldermort Posts: 65
    edited March 5

    Thank you kyfdx. BTW, what does that build-out cash of $2000 specifically mean? I'm going to check with dealer(s) and see what they are willing to offer. I'll check with you first, of course. Thanks again.

  • kyfdxkyfdx Posts: 30,552

    @voldermort said: Thank you kyfdx. BTW, what does that build-out cash of $2000 specifically mean? I'm going to check with dealer(s) and see what they are willing to offer. I'll check with you first, of course. Thanks again.

    It's a factory incentive. I'm not sure if it's factory to dealer or factory to consumer. In other words, I'm not sure they have to disclose it. But, it's not much of a secret, so I doubt they will be surprised that you know about it.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • brbsapmmbebrbsapmmbe Posts: 3
    edited March 9

    Could you please comment on following lease offer?

    Due on delivery : $801, monthly payment $512.

    MSRP: $43,125

    Residual : .57

    Adj residual $24,581

    Miles : 10K/year

    Selling price: $38,605

    Gross cap cost : &39,554

    I really appreciate your inputs

  • kyfdxkyfdx Posts: 30,552

    @brbsapmmbe said: Could you please comment on following lease offer?

    Due on delivery : $801, monthly payment $512.

    MSRP: $43,125

    Residual : .57

    Adj residual $24,581

    Miles : 10K/year

    Selling price: $38,605

    Gross cap cost : &39,554

    I really appreciate your inputs

    Using the base money factor of .00120 for this month, I get a payment of $492/mo. That's a $20/mo. difference, but not sure if your payment includes sales tax? Or, if they might just be marking up the money factor for extra profit?

    Also, your CAP cost is $949 over the selling price. The base acquisition fee is $725, so maybe some room for that to be marked up, as well?

    About a $4500 difference between MSRP and selling price, but BMW is providing a $2K incentive on the X3 this month, so that needs to be factored in to whether you think that is a good selling price.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • brbsapmmbebrbsapmmbe Posts: 3

    @kyfdx@Edmunds said:

    Money factor = .00150 Payment of $512 includes tax

    I would ask for money factor .00120 and residual of 0.56 for 12K miles / year.

    Do you recommend waiting till April to get the 2014 X3? Will there be better offer since they would also have the new 2015 model?

    Thank you!

  • voldermortvoldermort Posts: 65

    @kyfdx@Edmunds said: It's a factory incentive. I'm not sure if it's factory to dealer or factory to consumer. In other words, I'm not sure they have to disclose it. But, it's not much of a secret, so I doubt they will be surprised that you know about it.

    thank you. Appreciate your input.

  • brbsapmmbebrbsapmmbe Posts: 3

    Do you know what't the lease program for April?

  • kyfdxkyfdx Posts: 30,552

    @brbsapmmbe said: Do you know what't the lease program for April?

    Nope...

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • triplednfftriplednff Posts: 1

    @KYFDX, What would be the residual value % and money factor for a 2014 BMW X3 35i M-Sport, Loaded, with an MSRP of $57,500?

  • kyfdxkyfdx Posts: 30,552

    @triplednff said: KYFDX, What would be the residual value % and money factor for a 2014 BMW X3 35i M-Sport, Loaded, with an MSRP of $57,500?

    .00120 MF and 54% residual for 36 mo, 15K/yr lease. $2000 build-out cash

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • mikenymikeny Posts: 10

    what would be MF and RV for 24 months lease on 2015 X3 28d ? Thanks Mike

  • kyfdxkyfdx Posts: 30,552

    @mikeny said: what would be MF and RV for 24 months lease on 2015 X3 28d ? Thanks Mike

    We haven't seen any 2015 X3 numbers, yet..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • u4yeahu4yeah Posts: 5
    I am getting this deal on 2014 x3 28i
    Msrp: $50175
    Negotiated price: $46350
    Residual: 29603 (59%)

    10k per year 32 months term
    Cash due at signing $4500
    $531 per mo inc tax(8.75%)
    Is this a good deal?
Sign In or Register to comment.