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2014 BMW X3 Lease Questions



  • atikbatikb Posts: 2
    Hello All,

    I wanted to do a price check and see if I'm getting correct lease info.

    I'm pricing out a x28i, Deep Sea Metallic Blue and Beige Leatherette Interior, with the Drivers Assist Package and Heated Front Seats.

    I've spoke with a number of dealers, and the two quotes I have received are $36569 and $36319 for the base price. How is this price for the configuration I've requested?

    The lease information is making less sense. At a test drive we were told the money factor for a 36 Month Lease, 12k per year is .00125. The dealer we are working with is trying to charge us .00145. Any information on what the actual money factor is for October? Assuming that .00125 is correct, I arrive at a monthly payment of $419 paying the tax and fees up front. The dealer quoted us $584 for no money down, or $431 if we pay out more than $5950 up front, including $3,944 down.

    Am I missing something on the lease calculation?
  • flightnurseflightnurse 35K feetPosts: 2,090
    I like the sales price of these X3, they must be at invoice. In regards to the monthly payments it seems they are bumping up the MF on you, you want hardly nothing out of pocket on a lease...
  • atikbatikb Posts: 2
    I agree with both points. I'm fine with the price, but not the MF they're using. Based on my calculations and using an online lease calculator, I feel that my payment should be $395 per month if we pay taxes and fees up front so they're not rolled into the financed lease price.

    We're also considering doing 7 MSDs, which would lower the price down to $365.

    Anyone know if .00125 is the correct MF for October? Is it possible to negotiate a lower level?
  • tonka858tonka858 Posts: 103
    .00125 MF and 56% residual
  • Hey there. Here is a lease proposal I got for an xDrive 28i with some options that has a price of $48,375.

    have calculated lease payment on 24 months with 12,000 and 15,000 miles per year. The attached document is a typically equipped X3 that was used for the calculations.

    Standard Lease
    24 months x 12,000 miles per year: $864 per month with $2,500 due at signing
    24 months x 15,000 miles per year: $905 per month with $2,500 due at signing

    One Pay
    24 months x 12,000 miles per year: $20,429 due at signing
    24 months x 15,000 miles per year: $21,345 due at signing

    The one pay lease saves you approx $2800 over the standard lease.

    Doesnt this seem very high? Or what can I do to get it down? Sorry I am new to leasing.
  • kyfdxkyfdx Posts: 70,574
    Yeah.. it seems really high... part of that is going with the 24 month lease.. Sometimes the 24 month programs are okay, but in the case of the X3 this month, the 36 month program is a much better deal, plus your fixed costs (acquisition fee, etc) are spread over more months.

    But, it's hard to evaluate a lease deal without selling price, CAP cost and money factor used.. I'd guess they are marking up the MF and the acquisition fee... Not giving you the details makes it hard to see where the money is going... (which benefits them, not you)



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  • Thanks, I asked and the dealer agreed a 36 month lease will lower help. He is giving me a MF of .00165. Should I ask him to lower that?
  • I have been told that the current money factor of .00125 is buy rate and the rate of .00165 is our sell rate. Unfortunately, the rate is not negotiable. This is where I imagine confusion and frustration sets in.
  • kyfdxkyfdx Posts: 70,574
    Well.. that dealer may not negotiate, but that doesn't mean the rates aren't negotiable.. And, I think it's becoming apparent as to why those lease quotes are so high...

    I've leased a lot of cars, including a couple of BMWs, and I've never agreed to a marked up money factor. Sometimes, you have to introduce some competition to get the best deal.



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  • Thank you, that makes a lot of sense. I would be pretty lost without the help here, I really appreciate it. One quick question: If I want to do a one-pay type of lease for 24 or 36 months and 12k miles per year, what would a good total price be on a 50k vehicle? That would give me an idea if what I get quoted is good or bad.

    The reason I am doing the one pay thing is that I am Canadian and moving to the US on a work visa, so no credit history.
  • Can you please post Novembers rates on an X3 with X-drive. 12k/36m lease. My dealer is stating that it is the same as Octobers, which weren't great, and wind change until January (full of bull as he can't call what will happen in December). Please let me know your thoughts. Thanks. Eric
  • kyfdxkyfdx Posts: 70,574
    I haven't seen the November program, yet.... but, if they say it's the same as October, it probably is...

    You are correct, that they can't say with certainty what will happen in December..


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  • Nov is always better than Oct and Dec is way better than both. Dealers in NY NJ and CT are already starting totalk better numbers. You MUST get multiple quotes to get anywhere on these cars and the dealers of BMW are always polite, but that has nothing to do with the numbers that they will quote you.
    If you are close enough to deal with NJ, they always are very competitive.
  • tfox1tfox1 Posts: 1
    Please provide any feedback on the current leasing promotion being offered thru does this compare to previous leasing programs/promotions? Finally, which of the terms below are still negotiable based on your experience? Any examples of leases negotiated within the last 30-60 days that I can leverage?

    Monthly Payment

    Month Term

    Due at Signing

    Expiration Date

    $469 close 36 $3,944 Dec 2, 2013

    Loyalty Lease is based on the 2014 X3 xDrive28i equipped with Premium Package and Heated Front Seats. MSRP as equipped is $44,425. $325. Dealer contribution and $1,250 Lease Cash are required for the $469 monthly payment. Lease Cash includes $500 Loyalty Bonus Cash and $750 Option Credit Allowance. $3,944 is due at signing. Tax, tags and insurance are extra. Must finance through BMW Financial Services.
  • Looking for December updates on X3 lease numbers. 36mo/15k. 28i and 35i have been the same.
  • i received an offer for 0 down, 615/mo, 15k miles, 36mo on a 2014 x3 328i m sport for 43k. supposedly includes all fees/taxes - i just have to write a $615 check on the first visit and drive away. it was a dealer loaner and has 10k miles on it, but comes with the full warranty. does that sound right? any opinions on whether loaners=trouble?

    whats included:
    ZMP M Sport Package
    ZPP Premium Package
    ZDA Driver Assistance Package
    ZTP Technology Package
  • flightnurseflightnurse 35K feetPosts: 2,090
    we need to see the deal, what is the money factor, sale price, any other monies down from BMW??? Kind hard to say until the numbers are shown
  • Looking for the December updates as well. Anyone?
  • Received a quote for:

    white w/beige leatherette, Driver Assistance Package, Panoramic moonroof; heated seats, wood trim, navigation.

    MSRP: $46,925
    10k mi/year
    LEV Rt/Mt 59.00% $27,685.75
    Cap Cost: $43,245
    Cash down: $1,000
    Total Cap Reduction $18.07
    Adjusted Cap Cost: $44,231.93
    MF: 0.00125
    36 months
    Drive-off $1,000
    Monthly payment $575 (includes 8% sales tax)

    Is this a good deal?

    Thanks in advance!
  • When I configure your car as you describe, I come up $750 short of your number. After spending a couple mins trying to find a combination to find the $750 I couldn't. Their is $750 Holiday credit right now. Could they be adding $750 to MSRP so the incentive negates out?
  • babtongbabtong Posts: 4
    edited December 2013
    Sorry, I think the Destination Charge of $925 is in that total.

    The original monthly payment they gave me was $593.48 with tax, but said they would reduce it to $575/month.

    I just realized, this does not include keyless entry. I hate hunting for my keys.
  • Oh, and the $1k drive off is total, no other extra fees.
  • kyfdxkyfdx Posts: 70,574
    2014 X3 xDrive 28i 36mo, 15K/yr lease
    .00125 MF and 56% residual
    $750 Holiday cash and $500 lease loyalty

    Same numbers for the 35i model...



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  • flightnurseflightnurse 35K feetPosts: 2,090
    I find interesting that the resale value of the X3 are high on dealer lots, but the residual that BMW gives doesn't reflect this. I guess BMW wants more 320is out on the road then X3's....
  • kyfdxkyfdx Posts: 70,574
    That's exactly it... Residuals can be manipulated to provide an incentive to lease.. Cars that are desirable and selling well without incentives often have residuals that are actually lower than you would expect. (See: every Audi.. lol)

    The first generation X3 often had pretty good lease subsidies in the form of higher residuals, and they sold a bunch of them... The new model has never had a great lease program, but they also don't seem to care to sell them in volume, either... which is unfortunate, if that is the vehicle you want.


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  • keyjeykeyjey Posts: 47

    I am getting the following deal
    X3, xdrive28i with navigation
    MSRP - 44525
    Adjusted cap cost - 40288
    Residual - 61%
    MF - .00125
    Drive off - $2000
    12k miles
    Monthly payment - $492 (including tax)

    How good is this?

  • Please let me know if this is a good deal
    2014 X3 lease MSRP 48325
    Lease terms 36 months and 10K miles a year
    Offer that I have now : $470 per month including taxes ( 7%) and 1500 in initial fees
    I am a returning BMW customer turning in a 2011 328i thats due in March 2014. So loyalty cash and premature turn in of lease credit applies.
    Let me know if this is a good deal .

  • Looks like a good deal. What is the January's mf?
  • kyfdx,

    What is the residual and MF for both the 2014 X3 xdrive28i and xdrive35i for 12k miles, 36 month term?


  • kyfdxkyfdx Posts: 70,574

    2014 X3 xDrive28i 36mo, 12K/yr lease

    .00130 MF and 56% residual

    The numbers are the same for the 35i model



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This discussion has been closed.