2017 BMW X3 Lease Deals and Prices

kyfdx

reefpumpkin said:

hi folks - thanks so much for all the great info here!

looking to lease a loaner.

how does one calculate residuals on loaners/CPO? looking to lease a 2017 x3 loaner for the significant MSRP savings with minimal miles under 10k miles/3 years.

is it under 5k miles residual is same as standard for the month, 64% of MSRP?
is it over 5k miles but less than 10k miles you multiple total miles times 25 cents / mile and deduct that from standard 64% residual of MSRP?

for example, vehicle has 9k miles and MSRP is $54,687.50 so let's say standard residual (64%) is $35,000. so one takes $35k - (.25x9000) = residual for that vehicle = (35000-2250) = $32,750 = 59.88% residual

OR

does one only take the mileage AFTER 5k miles into account (4k miles of the 9k total miles) when multiplying it by the 25 cents/mile for the deduction from the standard 64% residual of MSRP?

and to confirm MF stays as base (3.36%/0.0014 this month) for leases of loaners/CPO, correct?

thanks a ton!

All miles above 500 reduce the residual by $0.25/mile.
In addition, if unit is over 5000 miles, residual is reduced by 4% on top of mileage reduction.

Looks like the party might be over for leasing loaners. They will have to be massively discounted to compete with a new unit. (which is possible)

reefpumpkin

thank you for the information. for the release of the info formally and for examples, one can see this thread on leasing loaners/exec demos, etc:
http://www.bimmerfest.com/forums/showthread.php?p=10043343

reefpumpkin

i agree at proposed MF it's a joke combined with the loss of standard residuals. thankfully the residuals are wonderful for x3s but with the large 6% hit (car has 9k miles) it does suffer.

if i can get them to base MF and a nice chunk off MSRP with ski zermatt 1k off incentive and 1k market allowance and 1.5k corporate discount (i'll assume i can only stack $2.5k of these discounts) i think it may be worth it.

here are the numbers the way i have worked them. i'd like to get to under 400 a month on a "clean" deal.

2017 x3 xdrive 2.8i
msrp: $54,520, many packages
terms: 3 years / 10k miles
mileage: 9,273
taxes: MD, 6%
MF: .00071 (.0014 base after 7 MSDs & corp .0002 discount)
downpayment: $0
title, tags, registration: $331
dealer processing fee: $299
current deduction: $9,532
(17.48% off MSRP)
deduction requested: $13,084.80, $3,552 more
(24% off MSRP, including corp discount & incentive ($2,500))
current cap cost: $44,988
cap cost requested:$40,616
9273 miles - 500 = 8773 miles inception mileage
8773 * .25 = $2,193.25 inception mileage adjustment
residual = 64% (standard) - 6% = 58% = $31,621.60
residual actual: $31,621.60 - $2,193.25 = $29,428.35 (53.98%)
monthly payment = $382


what do you think, folks?

kyfdx

reefpumpkin said:

i agree at proposed MF it's a joke combined with the loss of standard residuals. thankfully the residuals are wonderful for x3s but with the large 6% hit (car has 9k miles) it does suffer.

if i can get them to base MF and a nice chunk off MSRP with ski zermatt 1k off incentive and 1k market allowance and 1.5k corporate discount (i'll assume i can only stack $2.5k of these discounts) i think it may be worth it.

here are the numbers the way i have worked them. i'd like to get to under 400 a month on a "clean" deal.

2017 x3 xdrive 2.8i
msrp: $54,520, many packages
terms: 3 years / 10k miles
mileage: 9,273
taxes: MD, 6%
MF: .00071 (.0014 base after 7 MSDs & corp .0002 discount)
downpayment: $0
title, tags, registration: $331
dealer processing fee: $299
current deduction: $9,532
(17.48% off MSRP)
deduction requested: $13,084.80, $3,552 more
(24% off MSRP, including corp discount & incentive ($2,500))
current cap cost: $44,988
cap cost requested:$40,616
9273 miles - 500 = 8773 miles inception mileage
8773 * .25 = $2,193.25 inception mileage adjustment
residual = 64% (standard) - 6% = 58% = $31,621.60
residual actual: $31,621.60 - $2,193.25 = $29,428.35 (53.98%)
monthly payment = $382


what do you think, folks?

At CAP of $44,988, I get $485/mo., with the adjusted residual
$360/mo. with your proposed CAP cost.
Where is the sales tax in that calculation?
MD taxes the full selling price.

reefpumpkin

kyfdx said:

At CAP of $44,988, I get $485/mo., with the adjusted residual
$360/mo. with your proposed CAP cost.
Where is the sales tax in that calculation?
MD taxes the full selling price.

6%, yes correct. ok, as long as i'm not too far off. it is just a very good estimate as i don't have all fees.

but what of the deal, what do you think? worthwhile?

kyfdx

reefpumpkin said:

kyfdx said:

At CAP of $44,988, I get $485/mo., with the adjusted residual
$360/mo. with your proposed CAP cost.
Where is the sales tax in that calculation?
MD taxes the full selling price.

6%, yes correct. ok, as long as i'm not too far off. it is just a very good estimate as i don't have all fees.

but what of the deal, what do you think? worthwhile?

Yeah... for that MSRP, that's a good payment

reefpumpkin

found out that one cannot use those incentives or corp program towards loaners/demos. the days of an awesome demo/loaner lease price are gone as aggressive 25+% off MSRP is going to be required to get back down to those levels again. oh well, i tried! thanks folks.

alexdragon

Hello everyone
Thanks for the great information here
I am going to lease X3 with some options with MSRP arount 51500 for 15K miles/year, what i have been offered at local dealer is 2000 due at sign in and 560 monthly payment including tax for 36 mos
i dont know money fac and resid value , is there any advice on my deal ?living in California
thanks in advance

Michaell

alexdragon said:

Hello everyone
Thanks for the great information here
I am going to lease X3 with some options with MSRP arount 51500 for 15K miles/year, what i have been offered at local dealer is 2000 due at sign in and 560 monthly payment including tax for 36 mos
i dont know money fac and resid value , is there any advice on my deal ?living in California
thanks in advance

.00140 and 61%

Need to know the selling price and breakdown of the $2000 due at signing to be able to fully evaluate the deal.

hahawa

Thank you very much, guys, for all these very useful info here. I'm leasing a 2017 X3 Demo with 8k miles on it already. MSRP: 49545, sale price:40800. I sent email asking for purchase quote, not mentioning will lease instead yet. Can any one please help to calculate the monthly payment? I got about $450/month using lease app with 0 down, 7MSD, all fees rolled over into the monthly payment. Not sure how the dealer will calculate the 8k miles cost. I didn't include it into the payment but I know I should. I'm in Sub of Chicago try to get 36/10k. Does Sub of Chicago has same lease tax rule applied to City of Chicago? Should I buy instead?
Thank you so much for your input. :-)

alexdragon

Michaell said:

alexdragon said:

Hello everyone
Thanks for the great information here
I am going to lease X3 with some options with MSRP arount 51500 for 15K miles/year, what i have been offered at local dealer is 2000 due at sign in and 560 monthly payment including tax for 36 mos
i dont know money fac and resid value , is there any advice on my deal ?living in California
thanks in advance

.00140 and 61%

Need to know the selling price and breakdown of the $2000 due at signing to be able to fully evaluate the deal.

thanks for the quick respond
MSRP 51500
1000 fac disc
2350 corp disc
sale price 48150

not sure what is included in 2000 sign in ,but apparently it is tax and fees and registration which was less than 2000 but we tried to put little more than those at sign in to reduce lil bit of monthly payment
any help would be appreciated
thanks

Michaell

hahawa said:

Thank you very much, guys, for all these very useful info here. I'm leasing a 2017 X3 Demo with 8k miles on it already. MSRP: 49545, sale price:40800. I sent email asking for purchase quote, not mentioning will lease instead yet. Can any one please help to calculate the monthly payment? I got about $450/month using lease app with 0 down, 7MSD, all fees rolled over into the monthly payment. Not sure how the dealer will calculate the 8k miles cost. I didn't include it into the payment but I know I should. I'm in Sub of Chicago try to get 36/10k. Does Sub of Chicago has same lease tax rule applied to City of Chicago? Should I buy instead?
Thank you so much for your input. :-)

.00140 (.00091 after MSD) and 64%, but the residual will be adjusted for the miles.

We think BMW has implemented a new method for adjusting the residual on demos - with 8000 miles, it looks like 6% off the residual plus .25 per mile for all miles over 500. That will spike your payment quite a bit.

Using the 58% residual and the .00091 MF, I get $398/mo before tax. Deducting the $1875 for the miles, the pre-tax payment jumps to $449/mo

You might be better off buying - or leasing a car with 0 miles on it.

Michaell

alexdragon said:

Michaell said:

alexdragon said:

Hello everyone
Thanks for the great information here
I am going to lease X3 with some options with MSRP arount 51500 for 15K miles/year, what i have been offered at local dealer is 2000 due at sign in and 560 monthly payment including tax for 36 mos
i dont know money fac and resid value , is there any advice on my deal ?living in California
thanks in advance

.00140 and 61%

Need to know the selling price and breakdown of the $2000 due at signing to be able to fully evaluate the deal.

thanks for the quick respond
MSRP 51500
1000 fac disc
2350 corp disc
sale price 48150

not sure what is included in 2000 sign in ,but apparently it is tax and fees and registration which was less than 2000 but we tried to put little more than those at sign in to reduce lil bit of monthly payment
any help would be appreciated
thanks

You might try to get more off the sticker price.

I get $576/mo plus tax with those prices.

Our suggestion is to limit the up front cash to just the first payment and DMV costs - add everything else into the lease payment.

hahawa

Thank you so much Michaell for the quick response. I'll try to find one with lower mileage.

jjmb500

Picking up this X3 on Monday from North Jersey dealer. What do you think?



X3 35I
MSRP 59245
Sale price. 54115
MSD 4550
Cap cost reduction 350
Gross cap cost 57668
Adj cap cost. 57316
RV. 36139
Monthly payment. 649 includes NJ tax.
15k/month for 36 months

eehero

Hello,

Here's what I was offered for a 2017 BMW X3 sDrive28i with Nav & Driver's Assistance Pkg.

MSRP: $43,145
Selling Price: $40,246
RV: 64% (10k miles)
Monthly Payment: $476.48 ($893 due at signing)

This is in Austin, TX.

Apparently this was a "Special Edition X3's" that the dealer purchased from BMW NA, and BMW has full tax credit & additional cash incentives. This is pretty significant since I live in Texas where we have to pay sales tax on the full sale price of the car even on a lease.

Is this a good deal?

Thanks.

kyfdx

jjmb500 said:

Picking up this X3 on Monday from North Jersey dealer. What do you think?



X3 35I
MSRP 59245
Sale price. 54115
MSD 4550
Cap cost reduction 350
Gross cap cost 57668
Adj cap cost. 57316
RV. 36139
Monthly payment. 649 includes NJ tax.
15k/month for 36 months

With an adjusted .00091 MF and 61% residual, I get $673/mo, with that adjusted CAP.
How much is due at signing? $1000?

$3550 added on to the CAP.
$925 acquisition
$500 DMV
$??? dealer fee
$??? tax

If that all adds up, it looks good, though I'm showing $24/mo. higher than your quote.

kyfdx

eehero said:

Hello,

Here's what I was offered for a 2017 BMW X3 sDrive28i with Nav & Driver's Assistance Pkg.

MSRP: $43,145
Selling Price: $40,246
RV: 64% (10k miles)
Monthly Payment: $476.48 ($893 due at signing)

This is in Austin, TX.

Apparently this was a "Special Edition X3's" that the dealer purchased from BMW NA, and BMW has full tax credit & additional cash incentives. This is pretty significant since I live in Texas where we have to pay sales tax on the full sale price of the car even on a lease.

Is this a good deal?

Thanks.

If I add the $925 acq.fee, I get $473/mo, so pretty close.
Almost 7% off, so that's good, too.

No tax.. that is huge in TX.

jjmb500

With an adjusted .00091 MF and 61% residual, I get $673/mo, with that adjusted CAP.
How much is due at signing? $1000?

$3550 added on to the CAP.
$925 acquisition
$500 DMV
$??? dealer fee
$??? tax

If that all adds up, it looks good, though I'm showing $24/mo. higher than your quote.

Thanks for your quick reply.
649 plus 350 (1000) due at signing. Everything else rolled in monthly payments.

kcheng322

HI guys,

first time posting here.

I'm in NY and I was looking for an X3 and I was giving the following quote.

2017 X3 xDrive28i
MSRP $51,545
Selling: $48100
15k/36mo
$927 due at signing
$690/mo

from what I read here this price seems really high. any comments on how to get him to give me a lower price?

Thanks!

Michaell

kcheng322 said:

HI guys,

first time posting here.

I'm in NY and I was looking for an X3 and I was giving the following quote.

2017 X3 xDrive28i
MSRP $51,545
Selling: $48100
15k/36mo
$927 due at signing
$690/mo

from what I read here this price seems really high. any comments on how to get him to give me a lower price?

Thanks!

Not quite 7% off sticker ... we suggest you target 7% (or better, if you're feeling lucky).

Ask the dealer what the adjusted cap cost is - including the taxes and fees.

.00140 61%

chusun90

Hi, can you please post the MF and RV for the AWD X3 for 30mo/10k and 30mo/12k? any possibility of a lower MF with auto-pay like MB?

kyfdx

chusun90 said:

Hi, can you please post the MF and RV for the AWD X3 for 30mo/10k and 30mo/12k? any possibility of a lower MF with auto-pay like MB?

.00140 MF and 67%/66% residual

No autopay discount from BMW

kcheng322

Hi guys,

I got another quote from a different dealer.

MSRP: $50,795.00
Selling Price: $44,995

Money Factor: .00120
36 months Lease
15,000 per year
Full Maintenance included for 36months/45,000 miles

Full Maint 36mo/15K $1,789

First Payment: $615.78
+ Security: $0.00
+ Cap Red: $0.00
+ Tax on Cap Red: $0.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $6.66
= Cash Due on Lease: $717.44
- Trade Equity to COD: $0.00
= Total Cash Due: $717.44
- Deposit: $0.00
= Cash on Delivery: $717.44
Plus DMV Fees

looks like a good deal?

I still got 3 payments left on my car and he said I gotta pay all the fees for returning the lease.

kyfdx

kcheng322 said:

Hi guys,

I got another quote from a different dealer.

MSRP: $50,795.00
Selling Price: $44,995

Money Factor: .00120
36 months Lease
15,000 per year
Full Maintenance included for 36months/45,000 miles

Full Maint 36mo/15K $1,789

First Payment: $615.78
+ Security: $0.00
+ Cap Red: $0.00
+ Tax on Cap Red: $0.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $6.66
= Cash Due on Lease: $717.44
- Trade Equity to COD: $0.00
= Total Cash Due: $717.44
- Deposit: $0.00
= Cash on Delivery: $717.44
Plus DMV Fees

looks like a good deal?

I still got 3 payments left on my car and he said I gotta pay all the fees for returning the lease.

Your CAP cost has to be about $49.600 for that payment
$45000 selling price
$1800 maintenance
$925 acquisition fee
$1800 tax

Looks to be right on it.

You have a nice big discount, but $1800 for maintenance? Doesn't the car come with basic scheduled maintenance for 36K for free? Seems like a lot to pay for an upgrade.

Other than that, not too bad.

One of the advantages of trading out of a lease early, is to avoid lease end charges. But, you aren't getting that. I'd wait three months.

shopritebmw

Hello there,
So are there any dealer incentives going on right now for the 2017 X3?
And I was told from my dealer that the MF is .00140, and the Res is 63%, is that what it is?

I was quoted an X3 MSRP$45,625
SP $43,185
$489 mo with 12K
Alpine white, Leather, Cold Weather & Premium Package.

I don't recall what the DMV fee is,
and I wld be a BMW loyalty purchaser. What other fees should I be looking for?
Thank you for your help.

Michaell

shopritebmw said:

Hello there,
So are there any dealer incentives going on right now for the 2017 X3?
And I was told from my dealer that the MF is .00140, and the Res is 63%, is that what it is?

I was quoted an X3 MSRP$45,625
SP $43,185
$489 mo with 12K
Alpine white, Leather, Cold Weather & Premium Package.

I don't recall what the DMV fee is,
and I wld be a BMW loyalty purchaser. What other fees should I be looking for?
Thank you for your help.

.00140 and 63% is correct for 36/12.

No lease incentives that I see; no information about loyalty incentives

What state is this?

You will find a $925 acquisition fee.

shopritebmw

Thank you.
It's in NY.
BTW- do you think its a good price?

Michaell

shopritebmw said:

Thank you.
It's in NY.
BTW- do you think its a good price?

I think you can do better on the price - we suggest you target 7% off MSRP.

kcheng322

kyfdx said:

kcheng322 said:

Hi guys,

I got another quote from a different dealer.

MSRP: $50,795.00
Selling Price: $44,995

Money Factor: .00120
36 months Lease
15,000 per year
Full Maintenance included for 36months/45,000 miles

Full Maint 36mo/15K $1,789

First Payment: $615.78
+ Security: $0.00
+ Cap Red: $0.00
+ Tax on Cap Red: $0.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $6.66
= Cash Due on Lease: $717.44
- Trade Equity to COD: $0.00
= Total Cash Due: $717.44
- Deposit: $0.00
= Cash on Delivery: $717.44
Plus DMV Fees

looks like a good deal?

I still got 3 payments left on my car and he said I gotta pay all the fees for returning the lease.

Your CAP cost has to be about $49.600 for that payment
$45000 selling price
$1800 maintenance
$925 acquisition fee
$1800 tax

Looks to be right on it.

You have a nice big discount, but $1800 for maintenance? Doesn't the car come with basic scheduled maintenance for 36K for free? Seems like a lot to pay for an upgrade.

Other than that, not too bad.

One of the advantages of trading out of a lease early, is to avoid lease end charges. But, you aren't getting that. I'd wait three months.

If I wait till my lease ends, the 2018's will be out. there's probably no discount on the new year models in the first few months?

rep said they're willing to credit me for 1 month of my 3 months payments to sign the deal this month.

how does that sound?

from the prices I see from different dealers they just tack on the remaining lease on the selling price anyway if they know they need to take your lease car. they still tell me I gotta pay for any damages charge on it. is there really such a thing as taking care of your lease end charges but still selling the new car at a low price?

kyfdx

kcheng322 said:

kyfdx said:

kcheng322 said:

Hi guys,

I got another quote from a different dealer.

MSRP: $50,795.00
Selling Price: $44,995

Money Factor: .00120
36 months Lease
15,000 per year
Full Maintenance included for 36months/45,000 miles

Full Maint 36mo/15K $1,789

First Payment: $615.78
+ Security: $0.00
+ Cap Red: $0.00
+ Tax on Cap Red: $0.00
+ DMV Fees: $0.00
+ Tire Fee: $10.00
+ Insp Fee: $10.00
+ Doc Fee: $75.00
+ Other Fees: $0.00
+ Tax on Fees: $6.66
= Cash Due on Lease: $717.44
- Trade Equity to COD: $0.00
= Total Cash Due: $717.44
- Deposit: $0.00
= Cash on Delivery: $717.44
Plus DMV Fees

looks like a good deal?

I still got 3 payments left on my car and he said I gotta pay all the fees for returning the lease.

Your CAP cost has to be about $49.600 for that payment
$45000 selling price
$1800 maintenance
$925 acquisition fee
$1800 tax

Looks to be right on it.

You have a nice big discount, but $1800 for maintenance? Doesn't the car come with basic scheduled maintenance for 36K for free? Seems like a lot to pay for an upgrade.

Other than that, not too bad.

One of the advantages of trading out of a lease early, is to avoid lease end charges. But, you aren't getting that. I'd wait three months.

If I wait till my lease ends, the 2018's will be out. there's probably no discount on the new year models in the first few months?

rep said they're willing to credit me for 1 month of my 3 months payments to sign the deal this month.

how does that sound?

from the prices I see from different dealers they just tack on the remaining lease on the selling price anyway if they know they need to take your lease car. they still tell me I gotta pay for any damages charge on it. is there really such a thing as taking care of your lease end charges but still selling the new car at a low price?

If you are trading in the same make, then sometimes there are "pull ahead" programs where those charges are covered or lease payments forgiven. But, if it's a different make, there is no free lunch. You are paying for your old lease, one way or the other.

shaft103

Hey Everyone. I'm looking at a lease on a 2017 X3 XDRIVE35I. The vehicle is slightly used and has ~6800 miles on it. The original MSRP when new for the vehicle was $59,750.00. Currently the sales price they are offering me is $52,598 though I'm going to try and negotiate that a bit harder in person. Based upon that though here is what they came up with on a lease:

36 months, 15,000 miles per year
Cap Cost - $52,508.16 if I pay taxes up front; $53,982.64 if I roll taxes in deal (fees paid up front either way)
Residual Value - 61% (36,889.75)
Money Factor - 0.00140
Acquisition fee - $925
Dealer Doc Fee - $398
Registration & Tags - $323.60
First months Payment - $559

The payment comes out to $559 a month with $3,679 up front of $602 with $2,248 up front.

How does that deal look on the surface? Thanks in advance for the help.

kyfdx

shaft103 said:

Hey Everyone. I'm looking at a lease on a 2017 X3 XDRIVE35I. The vehicle is slightly used and has ~6800 miles on it. The original MSRP when new for the vehicle was $59,750.00. Currently the sales price they are offering me is $52,598 though I'm going to try and negotiate that a bit harder in person. Based upon that though here is what they came up with on a lease:

36 months, 15,000 miles per year
Cap Cost - $52,508.16 if I pay taxes up front; $53,982.64 if I roll taxes in deal (fees paid up front either way)
Residual Value - 61% (36,889.75)
Money Factor - 0.00140
Acquisition fee - $925
Dealer Doc Fee - $398
Registration & Tags - $323.60
First months Payment - $559

The payment comes out to $559 a month with $3,679 up front of $602 with $2,248 up front.

How does that deal look on the surface? Thanks in advance for the help.

I get $570/mo, so that's pretty close ($11/mo. off)

I'm surprised at the residual, due to the current mileage. No reduction for mileage?
I wonder what will happen if you show up to sign the paperwork.
Get the feeling it might change, once they run the numbers.

If this is the car you want, you should grab this deal.

shaft103

kyfdx said:

shaft103 said:

Hey Everyone. I'm looking at a lease on a 2017 X3 XDRIVE35I. The vehicle is slightly used and has ~6800 miles on it. The original MSRP when new for the vehicle was $59,750.00. Currently the sales price they are offering me is $52,598 though I'm going to try and negotiate that a bit harder in person. Based upon that though here is what they came up with on a lease:

36 months, 15,000 miles per year
Cap Cost - $52,508.16 if I pay taxes up front; $53,982.64 if I roll taxes in deal (fees paid up front either way)
Residual Value - 61% (36,889.75)
Money Factor - 0.00140
Acquisition fee - $925
Dealer Doc Fee - $398
Registration & Tags - $323.60
First months Payment - $559

The payment comes out to $559 a month with $3,679 up front of $602 with $2,248 up front.

How does that deal look on the surface? Thanks in advance for the help.

I get $570/mo, so that's pretty close ($11/mo. off)

I'm surprised at the residual, due to the current mileage. No reduction for mileage?
I wonder what will happen if you show up to sign the paperwork.
Get the feeling it might change, once they run the numbers.

If this is the car you want, you should grab this deal.

Thanks for the feedback. Do you have any expectation for how much it would change by if this was a mistake? Just trying to get a feel for what to expect.

kyfdx

shaft103 said:

kyfdx said:

shaft103 said:

Hey Everyone. I'm looking at a lease on a 2017 X3 XDRIVE35I. The vehicle is slightly used and has ~6800 miles on it. The original MSRP when new for the vehicle was $59,750.00. Currently the sales price they are offering me is $52,598 though I'm going to try and negotiate that a bit harder in person. Based upon that though here is what they came up with on a lease:

36 months, 15,000 miles per year
Cap Cost - $52,508.16 if I pay taxes up front; $53,982.64 if I roll taxes in deal (fees paid up front either way)
Residual Value - 61% (36,889.75)
Money Factor - 0.00140
Acquisition fee - $925
Dealer Doc Fee - $398
Registration & Tags - $323.60
First months Payment - $559

The payment comes out to $559 a month with $3,679 up front of $602 with $2,248 up front.

How does that deal look on the surface? Thanks in advance for the help.

I get $570/mo, so that's pretty close ($11/mo. off)

I'm surprised at the residual, due to the current mileage. No reduction for mileage?
I wonder what will happen if you show up to sign the paperwork.
Get the feeling it might change, once they run the numbers.

If this is the car you want, you should grab this deal.

Thanks for the feedback. Do you have any expectation for how much it would change by if this was a mistake? Just trying to get a feel for what to expect.

Somewhere around $100/mo., possibly.

ppcooper

Hello, got the below quote. Good deal? This is in NJ.
X3 xDrive28i
36/10k
MSRP: $53,495
SP: $48,948
Residual: 64%
MF: 0.00071 (after max MSD)
Corp fleet discount applied
~$2000 due at signing (1st month, fees, DMV)
$448/month including tax

mocha_c

Hi there, anyone has RV and MF numbers for 12K/36 in April?

Also wondering if this is a good deal (quoted in March):

Its a service loaner in state of Ohio with 5600 miles:

MSRP: 51395
Selling price: 43000
RV: 53%
MF: .0014
Acquisition fee: 925
tax: 1538
documentation and registration: 350
with everything rolled in monthly payment is 619

the residual seems very low to us but the sales manager is not willing to go any lower on monthly payment..

kyfdx

ppcooper said:

Hello, got the below quote. Good deal? This is in NJ.
X3 xDrive28i
36/10k
MSRP: $53,495
SP: $48,948
Residual: 64%
MF: 0.00071 (after max MSD)
Corp fleet discount applied
~$2000 due at signing (1st month, fees, DMV)
$448/month including tax

How much is the corp. discount? $1500? Does that come off the $48,948, or is it included in that price?

kyfdx

mocha_c said:

Hi there, anyone has RV and MF numbers for 12K/36 in April?

Also wondering if this is a good deal (quoted in March):

Its a service loaner in state of Ohio with 5600 miles:

MSRP: 51395
Selling price: 43000
RV: 53%
MF: .0014
Acquisition fee: 925
tax: 1538
documentation and registration: 350
with everything rolled in monthly payment is 619

the residual seems very low to us but the sales manager is not willing to go any lower on monthly payment..

They extended the March program through Sunday, so no new numbers, yet.

Service loaner residual program changed on March 1st, and if the vehicle has over 5000 miles, it's a big deduction from the base residual. You'll need a lot bigger discount. I wouldn't be happy with $619/mo for a service loaner.

mocha_c

kyfdx said:

Hi there, anyone has RV and MF numbers for 12K/36 in April?

Also wondering if this is a good deal (quoted in March):

Its a service loaner in state of Ohio with 5600 miles:

MSRP: 51395
Selling price: 43000
RV: 53%
MF: .0014
Acquisition fee: 925
tax: 1538
documentation and registration: 350
with everything rolled in monthly payment is 619

the residual seems very low to us but the sales manager is not willing to go any lower on monthly payment..

They extended the March program through Sunday, so no new numbers, yet. Service loaner residual program changed on March 1st, and if the vehicle has over 5000 miles, it's a big deduction from the base residual. You'll need a lot bigger discount. I wouldn't be happy with $619/mo for a service loaner.

Thanks for the info. We are targeting $585/mo with everything rolled in. How does that sound to you?

ppcooper

kyfdx said:

ppcooper said:

Hello, got the below quote. Good deal? This is in NJ.
X3 xDrive28i
36/10k
MSRP: $53,495
SP: $48,948
Residual: 64%
MF: 0.00071 (after max MSD)
Corp fleet discount applied
~$2000 due at signing (1st month, fees, DMV)
$448/month including tax

How much is the corp. discount? $1500? Does that come off the $48,948, or is it included in that price?

Yes, it's $1500, and it comes off of the SP, so net SP is $47,448.

Michaell

mocha_c said:

kyfdx said:

Hi there, anyone has RV and MF numbers for 12K/36 in April?

Also wondering if this is a good deal (quoted in March):

Its a service loaner in state of Ohio with 5600 miles:

MSRP: 51395
Selling price: 43000
RV: 53%
MF: .0014
Acquisition fee: 925
tax: 1538
documentation and registration: 350
with everything rolled in monthly payment is 619

the residual seems very low to us but the sales manager is not willing to go any lower on monthly payment..

They extended the March program through Sunday, so no new numbers, yet.

Service loaner residual program changed on March 1st, and if the vehicle has over 5000 miles, it's a big deduction from the base residual. You'll need a lot bigger discount. I wouldn't be happy with $619/mo for a service loaner.

Thanks for the info. We are targeting $585/mo with everything rolled in. How does that sound to you?

I guess the question is ... how much of a savings is that payment over a unit with 0 miles on it?

mocha_c

Michaell said:

mocha_c said:

kyfdx said:

Hi there, anyone has RV and MF numbers for 12K/36 in April?

Also wondering if this is a good deal (quoted in March):

Its a service loaner in state of Ohio with 5600 miles:

MSRP: 51395
Selling price: 43000
RV: 53%
MF: .0014
Acquisition fee: 925
tax: 1538
documentation and registration: 350
with everything rolled in monthly payment is 619

the residual seems very low to us but the sales manager is not willing to go any lower on monthly payment..

They extended the March program through Sunday, so no new numbers, yet.

Service loaner residual program changed on March 1st, and if the vehicle has over 5000 miles, it's a big deduction from the base residual. You'll need a lot bigger discount. I wouldn't be happy with $619/mo for a service loaner.

Thanks for the info. We are targeting $585/mo with everything rolled in. How does that sound to you?

I guess the question is ... how much of a savings is that payment over a unit with 0 miles on it?

That's an interesting question.. I did some calculation using 63% residual (36 mo 12 K here) and assuming 7% off of MSRP, the monthly payments come up to be around $624/mo. So I guess there really isn't much of a savings here (with their quote of $619/mo) But if we can get another $40 off (comes down to $580/mo.) then that would be more reasonable to us..

kapkanimd

Do you happen to have the April numbers and rebates for 36mo @ 12k mi in FL.

Thank you again!

jvos

Central FL. 2017 BMW X3 sDrive with M Sport pkg. 36 month, 15k miles. Sale price 50,045, MF 0.00186 Residual 61%. Out of pocket 1650 and payment 679. Multi, multi time BMW Finance leasers. My question is are these their best numbers?

Michaell

kapkanimd said:

Do you happen to have the April numbers and rebates for 36mo @ 12k mi in FL.

Thank you again!

.00146 and 63%

Michaell

mocha_c said:

Michaell said:

mocha_c said:

kyfdx said:

Hi there, anyone has RV and MF numbers for 12K/36 in April?

Also wondering if this is a good deal (quoted in March):

Its a service loaner in state of Ohio with 5600 miles:

MSRP: 51395
Selling price: 43000
RV: 53%
MF: .0014
Acquisition fee: 925
tax: 1538
documentation and registration: 350
with everything rolled in monthly payment is 619

the residual seems very low to us but the sales manager is not willing to go any lower on monthly payment..

They extended the March program through Sunday, so no new numbers, yet.

Service loaner residual program changed on March 1st, and if the vehicle has over 5000 miles, it's a big deduction from the base residual. You'll need a lot bigger discount. I wouldn't be happy with $619/mo for a service loaner.

Thanks for the info. We are targeting $585/mo with everything rolled in. How does that sound to you?

I guess the question is ... how much of a savings is that payment over a unit with 0 miles on it?

That's an interesting question.. I did some calculation using 63% residual (36 mo 12 K here) and assuming 7% off of MSRP, the monthly payments come up to be around $624/mo. So I guess there really isn't much of a savings here (with their quote of $619/mo) But if we can get another $40 off (comes down to $580/mo.) then that would be more reasonable to us..

Then, that's your target. See what the dealer says.

Michaell

jvos said:

Central FL. 2017 BMW X3 sDrive with M Sport pkg. 36 month, 15k miles. Sale price 50,045, MF 0.00186 Residual 61%. Out of pocket 1650 and payment 679. Multi, multi time BMW Finance leasers. My question is are these their best numbers?

Nope - base MF this month is .00146

What is the selling price and what does the $1650 cover?

jvos

Ok, I'll get the right MF. Sale price 50,045.

Michaell

jvos said:

Ok, I'll get the right MF. Sale price 50,045.

And the MSRP?