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2013 and earlier BMW X1 Lease Questions



  • That is correct about the original numbers being wrong. It is 59%
  • franzfranz Posts: 16
    I just put down my lease deposit for order of MY2014 X1 xDrive 28i.

    Here are details:
    M Sport
    Mineral Grey
    Black Leather
    Dark Silver Crosshatch
    Lighting Package
    Ultimate Package
    Heated Seats

    MSRP: $44525
    Invoice: $41460 (includes destination $925, MACO $350, training fee $180)
    Cap Cost: $42160 (includes negotiated $700 profit over invoice)
    Adj Cap Cost: $41660 (includes deduction for $500 Loyalty Credit)
    Fees: $1174 (Doc fee $100, DMV/Title $349, Acquisition $725)

    36 Months, 12K/month
    MF: 0.00125
    Residual: 59% = $26270
    Monthly payment = $512.42

    Cash Due at signing:
    $1686.42 (includes 1st month payment $512.42, Fees $1174)

    I may roll the fees into monthly payment at time of delivery.
    I think I may also use 7 MSDs at time of delivery to cut MF in half.
    If incentives are better when I take delivery in Oct/Nov then I'll opt for those.
    Status is already Code 150 (production started).

    What do you all think?
  • Hi there,

    Been reading others experience and it is very helpful. I am getting the following offer on BMW X1 from a dealer in SF. Comes with technology pack, sLine, moonroof, aluminum trim.

    MSRP - $37,625
    Cap cost - $34,499
    Residual - $20,945
    Money factor: 0.00125
    $0 down plus fees (~$1800)
    $444 a month plus tax
    On approved credit

    How does this sound?
  • $30800 2014 BMW X1 sDrive28i
    $0 Jet Black
    $0 Beige Leatherette
    $2250 Technology Package (includes Navigation, BMW Apps, Enhanced Bluetooth)
    $250 Roof Rails in Aluminum Satin
    $925 Destination
    $34225 MSRP
    -$1426 Dealer Discount
    -$500 Conquest Cash
    -$600 Trade equity from Honda
    +$2149.75 GA TAVT TAX
    +$90 Tag, Title, and License
    +$725 Lease Acquisition Fee
    =$34663.75 Net Cap Cost on lease

    $20877.25 Residual Value (61% of MSRP)
    .00125 Money Factor (with approved credit)

    36 Month Lease
    10,000 miles per year
    $452.39 per month

    First payment of $452.39 is all they collect up front.
  • The offer I got
    2014 X1 x28i, ultimate package/cold weather package
    10000 miles per month, 36 months
    445 per month, $3000 due at signing(including title, tax, fee)
    I live in NYC
    is this good deal?
  • franzfranz Posts: 16
    Could I get October residual/MF/incentives for 2014 X1 X drive 28i?

    Terms = 12K/year, 36 months

  • kyfdxkyfdx Posts: 64,780
    .00125 MF and 61% residual..



    Prices Paid, Lease Questions, SUVs

  • franzfranz Posts: 16
    Thanks, kyfdx.

    Do you know the incentives?

  • kyfdxkyfdx Posts: 64,780
    $750 option credit cash and $500 lease loyalty..



    Prices Paid, Lease Questions, SUVs

  • rick4rick4 Posts: 14
    Can I assume a 59% residual for 15K/36 mo with the same mf?
  • kyfdxkyfdx Posts: 64,780


    Prices Paid, Lease Questions, SUVs

  • Dealer is telling me that the BMW lease programs for X1 are same as Oct - anyone know if that's right? Specifically, x28i 36mo/12k. Thx!
  • What are the November MF, 10k/36 mo residual and incentives for the x1 3.5?
  • Hello everyone,
    I need some help. I am trying to get my wife into an X1 and have been talking with 2 dealers in my area. This is my first lease as I bought (financed) my 335d last summer so I have been looking to your experiences for guidance. First, here's the first offer I have been given:
    2014 X1 xDrive 28i
    Lemans Blue
    Heated seats

    MSRP: $44,625
    Discount: $3,205
    BMW Option credit: $750
    USAA/Owner Loyalty: $1,000
    Vehicle selling price: $39,670

    Sales Tax: $2,479.38
    Tag/Registration Fees: $57.75
    Title fee: $33
    State insp fee: $23.75
    Documentation fee: $122.50
    Road and bridge: $10
    Balance due: $42,486.67

    Adj cap cost: $43,126.38
    MF: .00165 / .00116 (w/7 MSDs)
    Residual: 59% for 15K miles
    61% for 12K miles
    $725 acquisition fee

    Option 1- 36 months / 12K miles
    Cash due: $558 or
    $4373 (With 7 MSDs)
    Monthly payment $558 or
    $524 (With 7 MSDs)

    Option 2 - 36 months / 15K miles
    Cash due: $581 or
    $4397 (With 7 MSDs)
    Monthly payment: $582 or
    $548 (With 7 MSDs)

    We'd like to see if we can lower the selling price but more importantly the MF. When I told the CAs that other people are getting .00125 before MSDs, he asked for a source. Does anyone have any advice?

    We are planning on selling my wife's current car (2013 VW Golf TDI fully loaded) this weekend and are trying to get this settled before then.

    I forgot to mention that we are changing to sDrive since we live in Dallas and don't need AWD. I figured that should lower the selling price by at least $1700. The CA said we would have to order one or be more flexible on the options since he can't find one in the BMW Southwest area. Do you the the MF problem is because we live in TX? I have found a few dealers on and Autotrader that match our options list.

    Thanks in advance
  • kyfdxkyfdx Posts: 64,780
    2014 X1 x28i 36mo, 12K/yr
    .00125 MF and 61% residual



    Prices Paid, Lease Questions, SUVs

  • kyfdxkyfdx Posts: 64,780
    2014 X1 x35i 36mo, 10K/yr lease
    .00125 MF and 62% residual



    Prices Paid, Lease Questions, SUVs

  • konacougkonacoug Kailua-KonaPosts: 196
    I think the sell price is a little high, with the available incentives. They are definitely hosing you on the mf. I would be very leery of any dealer who questions you regarding how you know the base mf. Some dealers will hold you up regarding this, but, I would just tell them your starting at .00125, before your MSD's. I would walk from any deal, that they jacked up the mf. There are direct to dealer incentives from BMW, that are not seen by the public right now. I would price out your preferred car at invoice, subtract all of the incentives and go from there.

    I recommend you check dealer inventories that are within what you are willing to drive and email offers to their internet depts. If you have to order, send the build out to as many dealers as you can, take the best offer and shop it.

    Walking into the dealer is the worst way to negotiate a deal!
  • untdrumsuntdrums Posts: 4
    edited November 2013
    Thanks for the response and advice. I have done a little more negotiating with a little compromising on my part. They couldn't get us a LeMans Blue with heated seats without a transportation fee. If we would have ordered one from Germany, we would have lost out on our VW appraisal from Carmax which is more than what we owe on it. Here's the updated deal. We're hopefully signing this week.

    2014 X1 sDrive 28i
    Mineral Grey
    Dark Crosshatch
    Black Nevada leather
    19" wheels

    MSRP: $42,925
    Discount: $5,060
    Rebate: $500
    Vehicle selling price: $37,365

    Sales Tax: $2,335.31
    Tag/Registration Fees, Title fee, State insp fee: $131
    Documentation fee: $125
    Vehicle Inventory Tax: $68.14
    Balance due: $40,024.45

    MF: .00165
    Residual: 59% for 15K miles - $25,325.75
    $725 acquisition fee
    $726 Deposit

    36 months / 15K miles
    Cash due on delivery: $1,486 (Paying for Taxes and fees up front so I don't have to pay interest on them)
    Monthly payment: $508.71
  • franzfranz Posts: 16
    Not too bad.

    I'm loving mine with exact same build except 18 inch wheels.
  • kyfdxkyfdx Posts: 64,780
    I would note that they are marking up the MF the maximum amount..

    That adds about $26/mo, pre-tax to your deal.



    Prices Paid, Lease Questions, SUVs

  • What happened here was that I originally negotiated an offer with another dealer to get to a lower monthly payment.

    Original dealer have me a higher sale price and I negotiated a .00125 MF. Monthly payment was $509

    I took the deal to another dealer and they were able to match the monthly payment and in order to do so, they lowered the sale price but of course raised the MF to .00165. Monthly payment is $508.71. I would rather work with the second dealer for convenience and better service.

    Do you think it's still possible to lower the MF once I get into the financial office even though I have already agreed to buy the car, I just haven't taken delivery yet? I'd rather not put MSDs since they won't really make much of a difference in our monthly payment.

    Advice anyone?

    Sent from BimmerApp mobile app
  • konacougkonacoug Kailua-KonaPosts: 196
    They are scamming you on all the fees...the detail fee is crap. It is included in the $925 transportation fee. If I was you, you can shop anywhere and do PCD delivery at Spartanburg. I would look to Adrian who is a Bimmerfest sponsor out of Atlanta.

    Also, your 1K rebate, if they are using it on the MSRP, it is really a $1200 deal over invoice. All rebates and incentives should be applied after the price is agreed upon.
  • konacougkonacoug Kailua-KonaPosts: 196
    The finance guy is not your friend. He/she will try to sell you all kinds of extra crap, trying to scare you about the tires/wheels, dings and dents and windshield chips.

    Back to your proposed deal....I would stick to my guns....base MF, they are just trying to increase their profit in the deal. It is the same as if they charged you a higher cap cost price.

    You could find another similar vehicle in another city and email an offer. If it gets accepted, then they might match it. Or you could tell them that there is an unnamed dealer who accepted your deal. But, you like your CA so well, please match it.....
  • Last time I looked Adrian marked up the MF too. Has he stopped?
    I would never do a deal with a marked up MF. Keep looking for a dealer. There are plenty of X1s around.
  • konacougkonacoug Kailua-KonaPosts: 196
    hmmm. I don't know personally. All I know is that he has gotten great reviews on Bimmerfest.
  • untdrumsuntdrums Posts: 4
    edited November 2013
    Well we signed on my wife's X1 yesterday finally.

    15K year/ 36 months
    Original monthly: $508.71/month
    Contracted payments: $530/month

    We opted for the tire and wheel as well as the dentless repair. With 19" rims and the Pirelli summer tires we thought it'd be a good idea since I have it on my car and have had all 4 tires replaced this past year. Apparently the dentless repair also gives the client up to $500 towards a deductible on collision as well as the normal coverage...up to twice a year! Of course they tried to sell us these items for a MUCH higher price but we figured $21.29 more a month was ok for us. With the positive equity we received from our VW sale we were able to walk with not that much out of pocket.

    One interesting thing is that they absolutely wouldn't budge on the MF. Also told us that MSDs weren't an option. We asked after we signed so who knows. It looks like they lowered the payment to make it look like they sold us the "extras" at a higher price. Either way for us it'll work for our first lease.

    Thanks for all of y'all's responses and advice.
  • konacougkonacoug Kailua-KonaPosts: 196
    If you are in any state by NY, MSD's are allowed. It isn't up to the dealer to tell that you can not use them. That alone, is very dishonest on their part and I would of walked away on that alone. Ok, I reread, you asked after, so they don't want to recalculate the deal. I sort of ran into the same problem, with my deal. I told the CA, I was going to use MSD's, and when I went to sign, they weren't in the deal. The finance guy had a cow, made out like it was such a huge inconvenience to him. I had to go back out to the managers office and he gave me attitude too. I told go look at all the emails I had sent to the CA. If I hadn't flown in from Hawaii on the redeye and been on a tight schedule, with truck pick up to ship back to Hawaii, I would of just walked out the door. So, I totally understand their crappy attitude.

    I have run into dealers, that have no clue about MSD's, try to charge tax on them and incorrectly calculate the new payments.
  • steverstever Posts: 52,683
    edited January 2014

    Please visit the 2014 BMW X1 Lease Questions discussion for current 2014 model year lease questions.

This discussion has been closed.