2016 BMW X3 Lease Questions

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  • sonystylesonystyle Member Posts: 10
    Michaell said:

    sonystyle said:

    Please tell me what you think:

    15k miles/36 months
    MSRP $50,345
    Residual 55%
    MF: .00085 (7 MSDs)
    Selling Price: $45,345
    Acq/Fees/doc/lic/title: $1490
    Monthly: $632.36
    Massachusetts

    Thank you!

    Assuming a tax rate of 6.25%, I get a payment of $587/mo with those numbers.

    I would ask the dealer what the net cap cost is - if it's higher than the selling price, ask them to explain what's been added.
    I asked them as my calculation was around 587 as well, then they took the $1490 "acq/fees/doc/lic/title" divided it by the term (36 months) and added that to the 587 which came out to about $632. Does that sound right? Thank you!

    Is there any negotiation with the $1490 you think?
  • MichaellMichaell Moderator Posts: 254,307
    sonystyle said:

    Michaell said:

    sonystyle said:

    Please tell me what you think:

    15k miles/36 months
    MSRP $50,345
    Residual 55%
    MF: .00085 (7 MSDs)
    Selling Price: $45,345
    Acq/Fees/doc/lic/title: $1490
    Monthly: $632.36
    Massachusetts

    Thank you!

    Assuming a tax rate of 6.25%, I get a payment of $587/mo with those numbers.

    I would ask the dealer what the net cap cost is - if it's higher than the selling price, ask them to explain what's been added.
    I asked them as my calculation was around 587 as well, then they took the $1490 "acq/fees/doc/lic/title" divided it by the term (36 months) and added that to the 587 which came out to about $632. Does that sound right? Thank you!

    Is there any negotiation with the $1490 you think?
    If you aren't paying those fees up front, then it makes sense.

    The acquisition fee is set by the bank and cannot be negotiated.

    Doc fee is set by the dealer - you can try to negotiate a lower selling price to mitigate that cost.

    License and title are fixed by the state and cannot be altered.

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  • soazelectcarsoazelectcar Member Posts: 9
    Hello there! Looking for some data on X3 sDrive 28. What are the residuals and MF for Nov in CA for a 36 mo/18k lease? Any upcoming incentives?
  • kyfdxkyfdx Moderator Posts: 256,194

    Hello there! Looking for some data on X3 sDrive 28. What are the residuals and MF for Nov in CA for a 36 mo/18k lease? Any upcoming incentives?

    November program starts on Tuesday.. should have some numbers later in the week.

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  • hk007hk007 Member Posts: 13
    Hi! Helping a friend with 2016 X3 xDrive28i. Can you please provide the updated numbers for November for 36month 10k/year. I'm guessing money factor will be 0.00131 like other models. Any credits/rebates on X3?
    Thanks!
  • MichaellMichaell Moderator Posts: 254,307
    hk007 said:

    Hi! Helping a friend with 2016 X3 xDrive28i. Can you please provide the updated numbers for November for 36month 10k/year. I'm guessing money factor will be 0.00131 like other models. Any credits/rebates on X3?
    Thanks!

    Yes, .00131 is the MF. 58% residual for 36/10. $1000 option credit and $1000 loyalty credit.

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  • pej7445pej7445 Member Posts: 7
    What is the $1000 loyalty credit??
  • soazelectcarsoazelectcar Member Posts: 9
    Any ideas?

    soazelectcar said:
    Hello there! Looking for some data on X3 sDrive 28. What are the residuals and MF for Nov in CA for a 36 mo/18k lease? Any upcoming incentives?

  • MichaellMichaell Moderator Posts: 254,307
    pej7445 said:

    What is the $1000 loyalty credit??

    If you currently own or lease a BMW, you qualify for an additional $1000 discount from the selling price.

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  • MichaellMichaell Moderator Posts: 254,307


    Any ideas?

    soazelectcar said:

    Hello there! Looking for some data on X3 sDrive 28. What are the residuals and MF for Nov in CA for a 36 mo/18k lease? Any upcoming incentives?



    .00131 and 55% for 36/15.

    BMW charges, I think, .10-.25 per mile up front for extra miles.

    $1000 option credit and $1000 loyalty credit.

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  • soazelectcarsoazelectcar Member Posts: 9
    Thanks! So they don't offer a 18k mile a year lease?
    Michaell said:


    Any ideas?

    soazelectcar said:

    Hello there! Looking for some data on X3 sDrive 28. What are the residuals and MF for Nov in CA for a 36 mo/18k lease? Any upcoming incentives?

    .00131 and 55% for 36/15.

    BMW charges, I think, .10-.25 per mile up front for extra miles.

    $1000 option credit and $1000 loyalty credit.

  • MichaellMichaell Moderator Posts: 254,307

    Thanks! So they don't offer a 18k mile a year lease?

    Michaell said:


    Any ideas?

    soazelectcar said:

    Hello there! Looking for some data on X3 sDrive 28. What are the residuals and MF for Nov in CA for a 36 mo/18k lease? Any upcoming incentives?

    .00131 and 55% for 36/15.

    BMW charges, I think, .10-.25 per mile up front for extra miles.

    $1000 option credit and $1000 loyalty credit.


    Not specifically, but you can buy the extra miles up front; that amount is deducted from the computed residual value.

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  • volvodogvolvodog Member Posts: 9
    edited November 2015
    Please tell me if this a good deal:
    2016 X3 35i
    List price 58395.00
    Selling price 52,570.00
    3400.00 down includes sales tax of 2187.00
    639.00 per month, 36 months, 10K miles per year
    Money factor .00131 Residual 33,869, 58%
  • volvodogvolvodog Member Posts: 9
    I neglected to include: the upfront money includes the 1st month's lease payment and bank fee.
    The selling price reflect 1k loyalty, 1k option credit, 1k for Drive Event
  • MichaellMichaell Moderator Posts: 254,307
    volvodog said:

    Please tell me if this a good deal:
    2016 X3 35i
    List price 58395.00
    Selling price 52,570.00
    3400.00 down includes sales tax of 2187.00
    639.00 per month, 36 months, 10K miles per year
    Money factor .00131 Residual 33,869, 58%

    volvodog said:

    I neglected to include: the upfront money includes the 1st month's lease payment and bank fee.
    The selling price reflect 1k loyalty, 1k option credit, 1k for Drive Event

    I get $633/mo, so pretty close to your quote.

    Only $3K off sticker before incentives? Might be able to do a bit better. Can't hurt to try.

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  • volvodogvolvodog Member Posts: 9
    Hi Michael,
    Thanks for your help thus far. I'm coming up with $5,825.00 off sticker. Can you please go over my numbers one more time and let me know?
    Thanks
  • MichaellMichaell Moderator Posts: 254,307
    volvodog said:

    Hi Michael,
    Thanks for your help thus far. I'm coming up with $5,825.00 off sticker. Can you please go over my numbers one more time and let me know?
    Thanks

    Right, but that includes $3K in incentives, so the net discount is less than $3K. You want to shoot for 5-7% discount from sticker before incentives

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  • volvodogvolvodog Member Posts: 9
    Hi Michaell,
    I might sound like a wimp but I've been all over the tri-state area, NY, Nj and Conn. and I haven't been able to get anything close to the numbers I gave you (for this deal).
    It appears you are correct because the dealer agreed to my deal. I guess if I were any lower they wouldn't have agreed. You're suggesting I'm overpaying by about $1200 on the selling price of the car.
    That's about 90-100 dollars a month over the payment I stated earlier. Are you telling me I should be paying $533.00 per month for this car (given the upfront money I stated)? If so, I'll go back to the drawing board.
    BMW (and nobody else for that matter) tells you to negotiate your best deal and then deduct all incentives.
    You're advice has been quite helpful.
    Thanks
  • volvodogvolvodog Member Posts: 9
    Sorry, I meant $30 a month less than what the dealer is quoting me or $603 a month with the upfront money I stated earlier. That equates to about $1200 over the 36 month lease. Are you advising me to aim for $603 per month?
  • volvodogvolvodog Member Posts: 9
    What an education you're giving me! Priceless!
    Thanks
  • MichaellMichaell Moderator Posts: 254,307
    volvodog said:
    What an education you're giving me! Priceless! Thanks
    X3 may not have as deep a discounts as other models. You can widen your search area or go with the lowest price you've been able to negotiate. 

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  • volvodogvolvodog Member Posts: 9
    Thanks again, that provides some peace of mind. I'm kind of worn out from this ordeal.
    Are you alluding to somewhere between $603.00 and $639.00?
    Earlier, you said $633.00 00 as opposed to $639.00.00
    If it's $6.00, I'll let the dealer have it.
    If you can, let me know the deal you'd go for and we're over and out.
    Thx
  • MichaellMichaell Moderator Posts: 254,307
    volvodog said:

    Thanks again, that provides some peace of mind. I'm kind of worn out from this ordeal.
    Are you alluding to somewhere between $603.00 and $639.00?
    Earlier, you said $633.00 00 as opposed to $639.00.00
    If it's $6.00, I'll let the dealer have it.
    If you can, let me know the deal you'd go for and we're over and out.
    Thx

    Every $1000 you can negotiate off the price results in a $28/mo savings on the payment (pre-tax).

    I've never shopped in this price range before :smile:

    Read back through the last few pages of this thread to see what others have been able to negotiate.

    At some point you have to decide if your time is worth the potential money you're trying to save.

    And, I don't make decisions with other people's money :wink:

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  • phillyguy807phillyguy807 Member Posts: 6
    Hey, I'm looking to see if this deal looks good to you:

    2016 BMW X3 MSport +options
    New Jersey dealer/PA resident
    Market Value
    57,945.00 (including $995 destination charge)
    Discount Savings
    -4,750.00
    Vehicle Selling Price
    53,195.00
    Document Prep Fee
    309.50
    License / Title
    138.00
    Acquisition Fee
    925.00
    Tax on Collected Items
    125.14
    Total Cap
    54,692.64
    Down/Cash Cap Reduction
    -1,000.07
    Rebate Savings
    -1,000.00
    Net Cap
    52,692.57

    Base Payment
    642.14
    Monthly Tax
    57.79
    36 Month Payment
    699.93

    Down/Cash Cap Reduction
    1,000.07
    1st Payment
    699.93
    Due On Delivery
    1,700.00

    Rate
    0.00131
    Annual Miles
    10,000
    Residual % [57,945]
    55+3=58%
    Residual Amount
    33,608.10

    Tax: PA LEASE: 9.00 %

    Got any suggestions on how to come back to this offer to try to save some money?
  • kyfdxkyfdx Moderator Posts: 256,194

    Hey, I'm looking to see if this deal looks good to you:

    2016 BMW X3 MSport +options
    New Jersey dealer/PA resident
    Market Value
    57,945.00 (including $995 destination charge)
    Discount Savings
    -4,750.00
    Vehicle Selling Price
    53,195.00
    Document Prep Fee
    309.50
    License / Title
    138.00
    Acquisition Fee
    925.00
    Tax on Collected Items
    125.14
    Total Cap
    54,692.64
    Down/Cash Cap Reduction
    -1,000.07
    Rebate Savings
    -1,000.00
    Net Cap
    52,692.57

    Base Payment
    642.14
    Monthly Tax
    57.79
    36 Month Payment
    699.93

    Down/Cash Cap Reduction
    1,000.07
    1st Payment
    699.93
    Due On Delivery
    1,700.00

    Rate
    0.00131
    Annual Miles
    10,000
    Residual % [57,945]
    55+3=58%
    Residual Amount
    33,608.10

    Tax: PA LEASE: 9.00 %

    Got any suggestions on how to come back to this offer to try to save some money?

    I get the same numbers.

    It's not a bad deal, it's just that X3s are not that cheap to lease. (and, that's a pretty high priced unit, too).

    If you have $4900 you can part with for 3 years, you could do MSDs and bring the payment down about $46/mo. (or, put another couple hundred upfront to get the payment under $650, and MSDs would drop to $4550).

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  • aa2015aa2015 Member Posts: 13
    I'm working on my next BMW lease, I'm wondering if I'm getting a good deal ...here's all the info I got from the dealer
    X3 SDrive  MSRP $43,745.00 , sale price $38,970
    36 month 10k miles/year $500.00 total out of pocket $487+tax (9% here in Los Angeles CA)
    I'm also waiting to hear back from other dealers on lease quotes to compare... Thanks
  • MichaellMichaell Moderator Posts: 254,307
    aa2015 said:

    I'm working on my next BMW lease, I'm wondering if I'm getting a good deal ...here's all the info I got from the dealer
    X3 SDrive  MSRP $43,745.00 , sale price $38,970
    36 month 10k miles/year $500.00 total out of pocket $487+tax (9% here in Los Angeles CA)
    I'm also waiting to hear back from other dealers on lease quotes to compare... Thanks

    .00131 and 58%. With your prices, I get $462/mo + tax

    I'd ask what the net cap cost is; if higher than the selling price, find out what's been added.

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  • aa2015aa2015 Member Posts: 13
    I got another quote with lots more info.. The only credit I'm not seeing is the current owner $1000 credit  but I'm not sure if it'll apply to my lease but how do these numbers look ?? Should I ask them to lower the price ?

    MSRP $44,695.00 
    Term 36 Months 
    Mileage 10,000/year 
    Money Factor 1.31 
    Residual Factor 58% 
    Selling Price $40,200.00 
    Bank Fee $925.00 
    Total Capitalized Cost 
    $41,125.00 
    Residual Value $25,923.10 
    Total Depreciation $14,768.15 
    Capital Reduction $433.75 
    Monthly Depreciation $410.23 
    Monthly Rent $87.26 
    Monthly Payment $497.49 
    Tax (9%) $44.77 
    Monthly Payment + Tax $542.27 
    Capital Reduction $433.75 
    Cap Reduction Tax (9%) $46.24 
    License & Registration $397.75 
    Documentation Fee $80.00 
    First Payment $542.27 
    Security Deposit $0.00 
    Drive Off $1,500.00 
    Trade Equity $0.00 
    Rebate $1,000.00 
    Due at Signing $500.00

  • MichaellMichaell Moderator Posts: 254,307
    aa2015 said:

    I got another quote with lots more info.. The only credit I'm not seeing is the current owner $1000 credit  but I'm not sure if it'll apply to my lease but how do these numbers look ?? Should I ask them to lower the price ?

    MSRP $44,695.00 
    Term 36 Months 
    Mileage 10,000/year 
    Money Factor 1.31 
    Residual Factor 58% 
    Selling Price $40,200.00 
    Bank Fee $925.00 
    Total Capitalized Cost 
    $41,125.00 
    Residual Value $25,923.10 
    Total Depreciation $14,768.15 
    Capital Reduction $433.75 
    Monthly Depreciation $410.23 
    Monthly Rent $87.26 
    Monthly Payment $497.49 
    Tax (9%) $44.77 
    Monthly Payment + Tax $542.27 
    Capital Reduction $433.75 
    Cap Reduction Tax (9%) $46.24 
    License & Registration $397.75 
    Documentation Fee $80.00 
    First Payment $542.27 
    Security Deposit $0.00 
    Drive Off $1,500.00 
    Trade Equity $0.00 
    Rebate $1,000.00 
    Due at Signing $500.00

    Using your MSRP and Total Cap Cost less cap reduction, I get the same payment.

    Only way to lower that payment is to negotiate a lower selling price or use MSD to buy down the MF.

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  • aa2015aa2015 Member Posts: 13
    Michaell said:
    I got another quote with lots more info.. The only credit I'm not seeing is the current owner $1000 credit  but I'm not sure if it'll apply to my lease but how do these numbers look ?? Should I ask them to lower the price ?

    MSRP $44,695.00 
    Term 36 Months 
    Mileage 10,000/year 
    Money Factor 1.31 
    Residual Factor 58% 
    Selling Price $40,200.00 
    Bank Fee $925.00 
    Total Capitalized Cost 
    $41,125.00 
    Residual Value $25,923.10 
    Total Depreciation $14,768.15 
    Capital Reduction $433.75 
    Monthly Depreciation $410.23 
    Monthly Rent $87.26 
    Monthly Payment $497.49 
    Tax (9%) $44.77 
    Monthly Payment + Tax $542.27 
    Capital Reduction $433.75 
    Cap Reduction Tax (9%) $46.24 
    License & Registration $397.75 
    Documentation Fee $80.00 
    First Payment $542.27 
    Security Deposit $0.00 
    Drive Off $1,500.00 
    Trade Equity $0.00 
    Rebate $1,000.00 
    Due at Signing $500.00

    Using your MSRP and Total Cap Cost less cap reduction, I get the same payment. Only way to lower that payment is to negotiate a lower selling price or use MSD to buy down the MF.
    How about the $1000 Loyalty credit ? Do you think it's included ? Also, I'm wondering if December programs will be better ? If yes I'd rather wait till December 
  • kyfdxkyfdx Moderator Posts: 256,194
    aa2015 said:


    Michaell said:

    aa2015 said:

    I got another quote with lots more info.. The only credit I'm not seeing is the current owner $1000 credit  but I'm not sure if it'll apply to my lease but how do these numbers look ?? Should I ask them to lower the price ?

    MSRP $44,695.00 
    Term 36 Months 
    Mileage 10,000/year 
    Money Factor 1.31 
    Residual Factor 58% 
    Selling Price $40,200.00 
    Bank Fee $925.00 
    Total Capitalized Cost 
    $41,125.00 
    Residual Value $25,923.10 
    Total Depreciation $14,768.15 
    Capital Reduction $433.75 
    Monthly Depreciation $410.23 
    Monthly Rent $87.26 
    Monthly Payment $497.49 
    Tax (9%) $44.77 
    Monthly Payment + Tax $542.27 
    Capital Reduction $433.75 
    Cap Reduction Tax (9%) $46.24 
    License & Registration $397.75 
    Documentation Fee $80.00 
    First Payment $542.27 
    Security Deposit $0.00 
    Drive Off $1,500.00 
    Trade Equity $0.00 
    Rebate $1,000.00 
    Due at Signing $500.00

    Using your MSRP and Total Cap Cost less cap reduction, I get the same payment.

    Only way to lower that payment is to negotiate a lower selling price or use MSD to buy down the MF.

    How about the $1000 Loyalty credit ? Do you think it's included ? Also, I'm wondering if December programs will be better ? If yes I'd rather wait till December 


    The only one that knows the answer to your loyalty credit question is the dealer that provided the quote.

    No crystal ball on what might happen next month.

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  • aa2015aa2015 Member Posts: 13
    Went to a dealer to check another X3 , I'm making my final decision tomorrow but wanted to run these numbers by you guys
    MSRP $43745.00 
    Selling price $38970.00
    bank fees $925.00
    Total capitalized cost $39895.00

    36 mo 10k/year  money factor 1.31 
    Residual 58%
    Drive off $1500
    Less $1000 rebate 
    Total out of pocket $500
    Monthly payments $518.21 (including 9% tax)
    I asked them to lower the selling price to get payments at $500 even but they wouldn't budge, should I insist on lower selling price??
  • MichaellMichaell Moderator Posts: 254,307
    aa2015 said:

    Went to a dealer to check another X3 , I'm making my final decision tomorrow but wanted to run these numbers by you guys

    MSRP $43745.00 
    Selling price $38970.00
    bank fees $925.00
    Total capitalized cost $39895.00

    36 mo 10k/year  money factor 1.31 
    Residual 58%
    Drive off $1500
    Less $1000 rebate 
    Total out of pocket $500
    Monthly payments $518.21 (including 9% tax)
    I asked them to lower the selling price to get payments at $500 even but they wouldn't budge, should I insist on lower selling price??
    X3's don't see much of a discount ... though, with your numbers, I'm showing a payment of $533/mo after tax.

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  • aa2015aa2015 Member Posts: 13
    Michaell said:
    Went to a dealer to check another X3 , I'm making my final decision tomorrow but wanted to run these numbers by you guys
    MSRP $43745.00 
    Selling price $38970.00
    bank fees $925.00
    Total capitalized cost $39895.00

    36 mo 10k/year  money factor 1.31 
    Residual 58%
    Drive off $1500
    Less $1000 rebate 
    Total out of pocket $500
    Monthly payments $518.21 (including 9% tax)
    I asked them to lower the selling price to get payments at $500 even but they wouldn't budge, should I insist on lower selling price??
    X3's don't see much of a discount ... though, with your numbers, I'm showing a payment of $533/mo after tax.
    Quick update , I picked up the car on Monday  B)
    monthly payments stayed at $518. I did get a $300 credit for unused miles on my previous lease.  Overall very happy with the new X3. 
  • kyfdxkyfdx Moderator Posts: 256,194
    aa2015 said:


    Michaell said:

    Went to a dealer to check another X3 , I'm making my final decision tomorrow but wanted to run these numbers by you guys
    MSRP $43745.00 
    Selling price $38970.00
    bank fees $925.00
    Total capitalized cost $39895.00

    36 mo 10k/year  money factor 1.31 
    Residual 58%
    Drive off $1500
    Less $1000 rebate 
    Total out of pocket $500
    Monthly payments $518.21 (including 9% tax)
    I asked them to lower the selling price to get payments at $500 even but they wouldn't budge, should I insist on lower selling price??
    X3's don't see much of a discount ... though, with your numbers, I'm showing a payment of $533/mo after tax.

    Quick update , I picked up the car on Monday  B)
    monthly payments stayed at $518. I did get a $300 credit for unused miles on my previous lease.  Overall very happy with the new X3. 

    Congrats!

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  • kzevokzevo Member Posts: 53
    Hi, Can you please provide the program info for November for 2016 x-drive 28i and s-drive 28i for 10K 36month and 39month. Also active incentives for November. I understand there is a 1000 option build credit and 1000 loyalty discount. But is there also a novemberfest incentive? thank you and happy thanks giving
  • kyfdxkyfdx Moderator Posts: 256,194
    kzevo said:

    Hi, Can you please provide the program info for November for 2016 x-drive 28i and s-drive 28i for 10K 36month and 39month. Also active incentives for November. I understand there is a 1000 option build credit and 1000 loyalty discount. But is there also a novemberfest incentive? thank you and happy thanks giving

    .00131 MF and 58% residual for 36/10, for either model.

    No 39 month term and no Novemberfest incentive.

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  • jevandkujevandku Member Posts: 1
    Was looking to get the money factor and residual for December rates on 36/10 and 36/12. Thank you!
  • kyfdxkyfdx Moderator Posts: 256,194
    jevandku said:

    Was looking to get the money factor and residual for December rates on 36/10 and 36/12. Thank you!

    .00131 MF and 58%/57% residual. $1000 option credit.

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  • mralwalmralwal Member Posts: 3
    is this a good deal:

    $449 x 36 months lease* With $0 Down Payment
    Model 16XD X3 xDr28i USD 40,600.00

    Color 668 Jet Black N/C
    Upholstery KCSW Black SensaTec N/C
    Options ZXD xLine 1,500.00
    7HW xLine N/C
    2E2 19" light alloy Y-Spoke wheels - style 608 ... N/C
    4FW†Burl Walnut Wood Trim with Pearl Gloss ... N/C
    ZDA Driver Assistance Package 950.00
    3AG Rear view camera N/C
    508 Park Distance Control N/C
    3AT Roof rails in Satin Aluminum N/C
    494 Heated front seats 500.00
    544 Dynamic Cruise Control N/C
    609 Navigation system 1,950.00
    6AK BMW Online and BMW Apps N/C
    6AM Advanced Real-Time Traffic Information N/C
    6AP Remote Services N/C
    9AA Transport protection N/C
    ZTM Tier 2 N/C
  • kyfdxkyfdx Moderator Posts: 256,194
    mralwal said:

    is this a good deal:

    $449 x 36 months lease* With $0 Down Payment
    Model 16XD X3 xDr28i USD 40,600.00

    Color 668 Jet Black N/C
    Upholstery KCSW Black SensaTec N/C
    Options ZXD xLine 1,500.00
    7HW xLine N/C
    2E2 19" light alloy Y-Spoke wheels - style 608 ... N/C
    4FW†Burl Walnut Wood Trim with Pearl Gloss ... N/C
    ZDA Driver Assistance Package 950.00
    3AG Rear view camera N/C
    508 Park Distance Control N/C
    3AT Roof rails in Satin Aluminum N/C
    494 Heated front seats 500.00
    544 Dynamic Cruise Control N/C
    609 Navigation system 1,950.00
    6AK BMW Online and BMW Apps N/C
    6AM Advanced Real-Time Traffic Information N/C
    6AP Remote Services N/C
    9AA Transport protection N/C
    ZTM Tier 2 N/C

    What is the mileage allowance?

    What is the full MSRP?

    What is the selling price?

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  • mralwalmralwal Member Posts: 3
    option #1
    Mileage - 10K
    MSRP - $46,495
    selling - 40,600.00
    $449.00 first month payment, 925 acquisition fee and $3150.00 in 7 security deposit
    fee 2103
    + tax


    option #2:
    monthly - $499
    Mileage - 12K
    msrp 48195
    selling price 43500

    Due at signing - tax 1348 + fee 2103 + msd 3500 (in 7 security deposit)

    ($2103 fee - details):
    doc fee - 365
    dmv 304
    acq fee 925
    etching 249
    some fee 260


  • kyfdxkyfdx Moderator Posts: 256,194
    mralwal said:

    option #1
    Mileage - 10K
    MSRP - $46,495
    selling - 40,600.00
    $449.00 first month payment, 925 acquisition fee and $3150.00 in 7 security deposit
    fee 2103
    + tax


    option #2:
    monthly - $499
    Mileage - 12K
    msrp 48195
    selling price 43500

    Due at signing - tax 1348 + fee 2103 + msd 3500 (in 7 security deposit)

    ($2103 fee - details):
    doc fee - 365
    dmv 304
    acq fee 925
    etching 249
    some fee 260


    .00082 MF (with 7 MSDs) and 58%/57% residual for 10K/12K/yr, 36 months.

    I get $434/mo on the first one, and $503/mo. on the second one.... both fairly close.

    But, looks like about $875 in BS fees. (etching, doc fee, some fee). I'd want to lose about $500 of those fees.

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  • matt1771matt1771 Member Posts: 1
    2016 BMW X3 M-Sport 28i

    MSRP: 55270
    Dealer discounts: $2684.00
    MF:0.00171
    Due at start: first month + $3000 down payment 
    Monthly: 787
    Residual: 55%
    15k / 36 month lease.



    Thoughts? i feel like this is not a good deal. Not to mention they are saying they can't take anything off the MSRP. They might be able to give a little more dealer discounts. How do I play this card properly? 

    What at should realistically be the monthly payment and the price I should bring the price of the vehicle down to? 



    Thank you!!
  • kyfdxkyfdx Moderator Posts: 256,194
    matt1771 said:

    2016 BMW X3 M-Sport 28i

    MSRP: 55270
    Dealer discounts: $2684.00
    MF:0.00171
    Due at start: first month + $3000 down payment 
    Monthly: 787
    Residual: 55%
    15k / 36 month lease.



    Thoughts? i feel like this is not a good deal. Not to mention they are saying they can't take anything off the MSRP. They might be able to give a little more dealer discounts. How do I play this card properly? 

    What at should realistically be the monthly payment and the price I should bring the price of the vehicle down to? 



    Thank you!!

    .00131 MF and 55% residual. $1000 option credit.

    The MSRP is constant. It's the number on the window sticker. A dealer discount is just that. A discounted price under MSRP. That results in your selling price. It seems you are mixing up your terminology.

    The money factor is marked up, and the discount is small. The X3 lease program from BMW is not all that great, anyway.. It will never be cheap, but this isn't a good deal, in any way.

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  • iroiiroi Member Posts: 6
    This is the deal I just got:

    2016 BMW X3 AWD xDrive28i

    Deep Sea Blue
    Premium Package
    Cold Weather Package
    Driver Assistance Package w/Parking Assistant
    Lighting Package

    MSRP $48495

    Dealer is offering $43000. Should I take it?

    I'm in MN and the sale tax is 6.5%.

    Thanks.
  • MichaellMichaell Moderator Posts: 254,307
    iroi said:

    This is the deal I just got:

    2016 BMW X3 AWD xDrive28i

    Deep Sea Blue
    Premium Package
    Cold Weather Package
    Driver Assistance Package w/Parking Assistant
    Lighting Package

    MSRP $48495

    Dealer is offering $43000. Should I take it?

    I'm in MN and the sale tax is 6.5%.

    Thanks.

    Almost 10% off sticker? Great price for an X3.

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  • iroiiroi Member Posts: 6
    Michaell said:

    iroi said:

    This is the deal I just got:

    2016 BMW X3 AWD xDrive28i

    Deep Sea Blue
    Premium Package
    Cold Weather Package
    Driver Assistance Package w/Parking Assistant
    Lighting Package

    MSRP $48495

    Dealer is offering $43000. Should I take it?

    I'm in MN and the sale tax is 6.5%.

    Thanks.

    Almost 10% off sticker? Great price for an X3.
    Thanks. I'm still thinking about this offer. I started with $40000 and would like to end up with $42000. Will update the final price once I made the deal.
  • worldtimerworldtimer Member Posts: 17
    Iroi,
    Does that selling price include the $1,000 incentive or other cash like loyalty?
    Shopping for a vehicle in this class and am trying to determine what is possible for % off MSRP before incentives.
    Thanks so much. This forum is fantastic.


  • wiggum40wiggum40 Member Posts: 10
    Got a quote for a X3 28

    53820 MSRP 47900 sell price. Money factor of .00082 with 7 MSD. 58% Residual. I will pay the fees and state taxes upfront

    10k/36month. $556.69 month

    Does the payment sound right? I ran it through a lease calc and not sure if I did anything wrong but came up with something in the 528 range?
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