2017 BMW X3 Lease Deals and Prices

fs4294659

What are the residuals and money factor for 2017 x3 xDrive28i at 36 months 10k miles in Texas?

Michaell

fs4294659 said:

What are the residuals and money factor for 2017 x3 xDrive28i at 36 months 10k miles in Texas?

.00152 and 64%

bschmidt25

Looking for MF and residual for a 2017 X3 sDrive 28i - 36 mo. 12K / 15K in Arizona.  Thanks in advance!

Michaell

bschmidt25 said:

Looking for MF and residual for a 2017 X3 sDrive 28i - 36 mo. 12K / 15K in Arizona.  Thanks in advance!

.00152 and 63% / 61%

benb2099

Looking for MF and residual for a 2017 X3 sDrive 28i - 36 mo. 10K / 12K in Louisiana, zip 70836. Thanks

kyfdx

benb2099 said:

Looking for MF and residual for a 2017 X3 sDrive 28i - 36 mo. 10K / 12K in Louisiana, zip 70836. Thanks

.00152 MF and 64%/63% residual

benb2099

Can someone look at these numbers for me. I was told these were based on .00152 MF and 64% residual, 10k miles, 3k down. Thanks.

kyfdx

benb2099 said:

Can someone look at these numbers for me. I was told these were based on .00152 MF and 64% residual, 10k miles, 3k down. Thanks.

1) $1300 discount is not enough. You should be shooting for 6%-7% off MSRP.
2) That looks like the sales tax on a purchase, not a lease. Doesn't LA tax the monthly lease payment, rather than collect tax upfront?
3) No mention of the $925 acquisition fee
4) They show $500 rebate for the lease. Does that mean you don't get the $2500 rebate shown above?

To check the calculations, we need the actual adjusted CAP cost, and an itemization of how they got to that number, and a payment with the sales tax broken out.

.00152 MF and 64% is correct for 36/10, but all you have is their "word" for it.

benb2099

Thanks, I asked for an itemized because didnt seem to add up however I ran it. Could you take a glance at this one from another dealer. Residual = 64%. Money factor = .00192

kyfdx

benb2099 said:

Thanks, I asked for an itemized because didnt seem to add up however I ran it. Could you take a glance at this one from another dealer. Residual = 64%. Money factor = .00192

1) Looks like 11% tax on the payment, is that right?
2) Also, it looks like Line 21 is just for informational purposes, as the tax is collected on the payment
3) Out of the $3000, $599 for the first payment, $339 for upfront fees, and $1786 for CAP reduction. That leaves $275 unaccounted for, but we'll chalk most of that up to tax on the CAP reduction.
4) Discount is not quite 6% off MSRP, but not terrible.
5) How come no rebates from this dealer?

The calculations are correct.
You want the base .00152 MF. That would lower the payment to $514/mo.+tax, or about $570/mo. (vs. $599)

benb2099

Here is the itemized from the prior post

bschmidt25

benb2099 said:

Here is the itemized from the prior post

This looks really bad to me. Outgoing model, only 5% off with a $1800 cap reduction, 36 months / 10K per year, no negative equity - $571 per month? They're marking up the MF, but even without that this isn't good. I would never sign this deal. Just my opinion...

kyfdx

bschmidt25 said:

benb2099 said:

Here is the itemized from the prior post

This looks really bad to me. Outgoing model, only 5% off with a $1800 cap reduction, 36 months / 10K per year, no negative equity - $571 per month? They're marking up the MF, but even without that this isn't good. I would never sign this deal. Just my opinion...

Yup... With that discount, you should get the base rate, at least.

Looks like a typo in the "How the amount due at signing will be paid"
Should be $3000.00 paid in cash, not $2428.31

2012rx350

Just received a quote on the following

2017 X3 28i x drive

msrp 55020

m sport package
lighting package
premium package 3
cold weather package
convience package

15k miles per year
36 mo lease
Massachusetts registration

542 a month tax included 

542 total due at lease signing

is that a good deal or could I push for more?

kyfdx

2012rx350 said:

Just received a quote on the following

2017 X3 28i x drive

msrp 55020

m sport package
lighting package
premium package 3
cold weather package
convience package

15k miles per year
36 mo lease
Massachusetts registration

542 a month tax included 

542 total due at lease signing

is that a good deal or could I push for more?

That's a great deal.

Do you have selling price and/or adjusted CAP cost?

mj65467

Got an offer on a lease.

BMW X3, 10K miles, 36 months, California registration
MSRP: 44550
Gross Cap: 39020
Adjusted Cap: 37440

Monthly payment 380 incl. tax, 1120 out of pocket for DMV fees/first payment/drive off

Thoughts? Thanks!

wco81

mj65467 said:

Got an offer on a lease.

BMW X3, 10K miles, 36 months, California registration
MSRP: 44550
Gross Cap: 39020
Adjusted Cap: 37440

Monthly payment 380 incl. tax, 1120 out of pocket for DMV fees/first payment/drive off

Thoughts? Thanks!

That sounds like a great deal. Which dealer?

kyfdx

mj65467 said:

Got an offer on a lease.

BMW X3, 10K miles, 36 months, California registration
MSRP: 44550
Gross Cap: 39020
Adjusted Cap: 37440

Monthly payment 380 incl. tax, 1120 out of pocket for DMV fees/first payment/drive off

Thoughts? Thanks!

Looks great! What is it, that lowers the adjusted CAP? Rebate?

mj65467

kyfdx said:

Got an offer on a lease. BMW X3, 10K miles, 36 months, California registration MSRP: 44550 Gross Cap: 39020 Adjusted Cap: 37440 Monthly payment 380 incl. tax, 1120 out of pocket for DMV fees/first payment/drive off Thoughts? Thanks!

Looks great! What is it, that lowers the adjusted CAP? Rebate?

Yes $1500 in rebates (loyalty rebate I think?)

capriguy84

Here’s my lease offer from Nj dealer

X3 28i new vehicle has 100miles in odometer 
MSRP: 52045
selling price: 47800
rebates: 1500 + 1000(loyalty)
price after cap cost reduction: 45300
upfront fees and taxes: 2780
Residual: 33308.30(64%)
Monthly: $483

is this a good deal? Should I ask the selling price to $46000? Or take the deal?

Michaell

capriguy84 said:

Here’s my lease offer from Nj dealer

X3 28i new vehicle has 100miles in odometer 
MSRP: 52045
selling price: 47800
rebates: 1500 + 1000(loyalty)
price after cap cost reduction: 45300
upfront fees and taxes: 2780
Residual: 33308.30(64%)
Monthly: $483

is this a good deal? Should I ask the selling price to $46000? Or take the deal?

I agree with the math on the worksheet, but I'd restructure the deal with only the first payment and DMV costs out of pocket. Roll the taxes and fees into the adjusted cap cost.

capriguy84

Michaell said:

Here’s my lease offer from Nj dealer

X3 28i new vehicle has 100miles in odometer 
MSRP: 52045
selling price: 47800
rebates: 1500 + 1000(loyalty)
price after cap cost reduction: 45300
upfront fees and taxes: 2780
Residual: 33308.30(64%)
Monthly: $483

is this a good deal? Should I ask the selling price to $46000? Or take the deal?

I agree with the math on the worksheet, but I'd restructure the deal with only the first payment and DMV costs out of pocket. Roll the taxes and fees into the adjusted cap cost.

Thanks Michael. I will make the deal with by rolling in the taxes and fees.

I just wanted to see if what is considered a good deal? Push the selling price to 46000 before the rebates is considered one? I read that 10% off Msrp is considered good, but not sure it is before or after rebates.

kyfdx

capriguy84 said:

Michaell said:

capriguy84 said:

Here’s my lease offer from Nj dealer

X3 28i new vehicle has 100miles in odometer 
MSRP: 52045
selling price: 47800
rebates: 1500 + 1000(loyalty)
price after cap cost reduction: 45300
upfront fees and taxes: 2780
Residual: 33308.30(64%)
Monthly: $483

is this a good deal? Should I ask the selling price to $46000? Or take the deal?

I agree with the math on the worksheet, but I'd restructure the deal with only the first payment and DMV costs out of pocket. Roll the taxes and fees into the adjusted cap cost.

Thanks Michael. I will make the deal with by rolling in the taxes and fees.

I just wanted to see if what is considered a good deal? Push the selling price to 46000 before the rebates is considered one? I read that 10% off Msrp is considered good, but not sure it is before or after rebates.

7% off minus rebates is good, and you are already beating that.
It never hurts to ask for more, but you have a good deal.

sanky11

Hi - What is the MF / Residual for a 2017 BMW X3 sDrive28i, in SF California for 24/10?

Michaell

sanky11 said:

Hi - What is the MF / Residual for a 2017 BMW X3 sDrive28i, in SF California for 24/10?

.00152 and 70%

radic77

Hello,

Thank you for all your advice. What do you think of this deal in Southern California for a 2017 X3 for 36 months and 10k miles:

MSRP 49,895
Residual 64%
Cap Cost 46,150
Adjusted Cap Cost 44,846
Cash Down 2,000
Money Factor 0.00162

Monthly cost 483
With tax 527

MF seems higher than what other have quoted, but cap cost appears to be 6-7% off MSRP.

Thank you in advance. 

kyfdx

radic77 said:

Hello,

Thank you for all your advice. What do you think of this deal in Southern California for a 2017 X3 for 36 months and 10k miles:

MSRP 49,895
Residual 64%
Cap Cost 46,150
Adjusted Cap Cost 44,846
Cash Down 2,000
Money Factor 0.00162

Monthly cost 483
With tax 527

MF seems higher than what other have quoted, but cap cost appears to be 6-7% off MSRP.

Thank you in advance. 

It appears that your CAP cost includes the $925 acquisition fee. If so, then your selling price is more like 9.35% off MSRP.
($46,150 minus $925)

I get the same payment. .00010 is a pretty small markup to the money factor. Adds $7.68/mo. to the pre-tax payment, or about $300/mo. to the total deal.

Have you looked for a service loaner? You might be able to save substantially, if you can find one that has under 5000 miles. (I just bought one. )

radic77

Thank you for your help kyfdx.

What I don't understand in this calculation is that the sale price is 46,150 and the gross cap cost is 48,318. Minus the 2k down and 1.5k rebate, we have a adjusted cap of 44,846.

I know that gross cap is sale price plus any fees, but in this case it seems that the fees are $2,168, which seems like a lot. Am I wrong?

kyfdx

radic77 said:

Thank you for your help kyfdx.

What I don't understand in this calculation is that the sale price is 46,150 and the gross cap cost is 48,318. Minus the 2k down and 1.5k rebate, we have a adjusted cap of 44,846.

I know that gross cap is sale price plus any fees, but in this case it seems that the fees are $2,168, which seems like a lot. Am I wrong?

Is $2000 the total amount due at signing?
If it is, then you have to add the first payment to the Gross CAP.
Also, tax on the CAP reduction. ($3500 X your tax rate)
$925 acquisition fee
About $500 for DMV/doc fees.

Getting pretty close to $2168, I think.

radic77

Perfect, thank you. Now I see, I did not know that you had to add tax of cap reduction!

Thank you again!

xxjojoxx

Hi!

Can you tell me if this is a good catch for a 2017 x3?


36 months
10K

MSRP 55,670
Residual $33958.70 (61%)
Discounts: $7770 (lease credit of $1000, loyalty $1500, dealer discount $5200)
Selling Price: $47,970 (including rebates, discounts above).
Cash Down 3,043.20
Money Factor 0.00172

Monthly - $505 (with taxes 8.875)

Joe

Michaell

xxjojoxx said:

Hi!

Can you tell me if this is a good catch for a 2017 x3?


36 months
10K

MSRP 55,670
Residual $33958.70 (61%)
Discounts: $7770 (lease credit of $1000, loyalty $1500, dealer discount $5200)
Selling Price: $47,970 (including rebates, discounts above).
Cash Down 3,043.20
Money Factor 0.00172

Monthly - $505 (with taxes 8.875)

Joe

64% is the 36/10 residual.

MF is marked up from the base of .00152

And, we don't recommend cash up front - just the first payment and registration costs.

I think there is room to improve on this.

xxjojoxx

Thanks Michaell.

Michaell said:

xxjojoxx said:

Hi!

Can you tell me if this is a good catch for a 2017 x3?


36 months
10K

MSRP 55,670
Residual $33958.70 (61%)
Discounts: $7770 (lease credit of $1000, loyalty $1500, dealer discount $5200)
Selling Price: $47,970 (including rebates, discounts above).
Cash Down 3,043.20
Money Factor 0.00172

Monthly - $505 (with taxes 8.875)

Joe

64% is the 36/10 residual.

MF is marked up from the base of .00152

And, we don't recommend cash up front - just the first payment and registration costs.

I think there is room to improve on this.

Thanks Michaell.

How would you go about approaching the deal to negotiate a better price?

Correction on my above numbers..

Gross cap is $51325
Cap reduction is $48375

Thanks,
Joe

Michaell

xxjojoxx said:

Thanks Michaell.

Michaell said:

xxjojoxx said:

Hi!

Can you tell me if this is a good catch for a 2017 x3?


36 months
10K

MSRP 55,670
Residual $33958.70 (61%)
Discounts: $7770 (lease credit of $1000, loyalty $1500, dealer discount $5200)
Selling Price: $47,970 (including rebates, discounts above).
Cash Down 3,043.20
Money Factor 0.00172

Monthly - $505 (with taxes 8.875)

Joe

64% is the 36/10 residual.

MF is marked up from the base of .00152

And, we don't recommend cash up front - just the first payment and registration costs.

I think there is room to improve on this.

Thanks Michaell.

How would you go about approaching the deal to negotiate a better price?

Correction on my above numbers..

Gross cap is $51325
Cap reduction is $48375

Thanks,
Joe

First, politely tell them you won't sign a deal where the MF is marked up.

Second, tell them you only want to put the first payment and DMV costs up front - this will increase your payment, but decrease the risk of losing any other up front monies if the car is stolen or totaled.

chreeos

Hi - 

What is the MF / Residual for a 2017 BMW X3 xDrive28i, in Connecticut for 36/12? Thank you

Michaell

chreeos said:

Hi - 

What is the MF / Residual for a 2017 BMW X3 xDrive28i, in Connecticut for 36/12? Thank you

.00152 and 63%

sceptic_buyer

For 2017 BMW X3 XDrive28i

- what is MF and RV in Bay Area?
- I have access to BMW Fleet program which gives me $500 discount. How much additional dealer discount/ rebate (on MSRP) should i target?

chreeos

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info.

MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Payment: $687.94
Residual Value: $33639.00

Michaell

sceptic_buyer said:

For 2017 BMW X3 XDrive28i

- what is MF and RV in Bay Area?
- I have access to BMW Fleet program which gives me $500 discount. How much additional dealer discount/ rebate (on MSRP) should i target?

What lease term and how many miles per year.

7% off sticker, before applying any incentives, is a good target for BMW.

Michaell

chreeos said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info.

MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Payment: $687.94
Residual Value: $33639.00

What lease term and how many miles per year?

sceptic_buyer

Michaell said:

chreeos said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info.

MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Payment: $687.94
Residual Value: $33639.00

What lease term and how many miles per year?

Thank you. I am looking at leasing 12/36

Michaell

sceptic_buyer said:

Michaell said:

chreeos said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info.

MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Payment: $687.94
Residual Value: $33639.00

What lease term and how many miles per year?

Thank you. I am looking at leasing 12/36

.00152 and 63%

chreeos

Michaell said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info. MSRP/Retail: $53395.00 Selling Price: $50725.00 Rebate: $1000.00 Total Savings + Rebate: $3670.00 Net Trade: $0.00 Total Due at Signing: $801.37 Total Payment: $687.94 Residual Value: $33639.00

What lease term and how many miles per year?

it is 36 months, 12k/yr

Michaell

chreeos said:

Michaell said:

chreeos said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info.

MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Payment: $687.94
Residual Value: $33639.00

What lease term and how many miles per year?

it is 36 months, 12k/yr

What is the adjusted cap cost, with fees added in?

chreeos

Michaell said:

Michaell said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info. MSRP/Retail: $53395.00 Selling Price: $50725.00 Rebate: $1000.00 Total Savings + Rebate: $3670.00 Net Trade: $0.00 Total Due at Signing: $801.37 Total Payment: $687.94 Residual Value: $33639.00

What lease term and how many miles per year?

it is 36 months, 12k/yr

What is the adjusted cap cost, with fees added in?

Not sure, these were the only numbers they gave me. I told them I wanted to put just the first payment and all DMV fees down. Should I ask them to give me more info?

Michaell

chreeos said:

Michaell said:

chreeos said:

Michaell said:

chreeos said:

Received this initial offer for a 2017 X3 xDrive28i in CT, Please let me know your thoughts or if you need more info.

MSRP/Retail: $53395.00
Selling Price: $50725.00
Rebate: $1000.00
Total Savings + Rebate: $3670.00
Net Trade: $0.00
Total Due at Signing: $801.37
Total Payment: $687.94
Residual Value: $33639.00

What lease term and how many miles per year?

it is 36 months, 12k/yr

What is the adjusted cap cost, with fees added in?

Not sure, these were the only numbers they gave me. I told them I wanted to put just the first payment and all DMV fees down. Should I ask them to give me more info?

Yes, you should. If they become reluctant to be transparent, that should tell you it's time to start working with another dealer.

autofan9

my dealer charges fees as below:
$425 - VLF
$7 - tire fee
$925 - Acq. fee
$80 - Doc fee
$29 - EVR fee
$87.88 - Acq fee Tax
$7.6 - Doc fee Tax

Are the last two items normal? I don't seem to see those fee are being tax...

Michaell

autofan9 said:

my dealer charges fees as below:
$425 - VLF
$7 - tire fee
$925 - Acq. fee
$80 - Doc fee
$29 - EVR fee
$87.88 - Acq fee Tax
$7.6 - Doc fee Tax

Are the last two items normal? I don't seem to see those fee are being tax...

The acquisition and doc fees are subject to sales tax, normally.

kyfdx

autofan9 said:

my dealer charges fees as below:
$425 - VLF
$7 - tire fee
$925 - Acq. fee
$80 - Doc fee
$29 - EVR fee
$87.88 - Acq fee Tax
$7.6 - Doc fee Tax

Are the last two items normal? I don't seem to see those fee are being tax...

That's all normal.

If they didn't tax acquisition and doc fees, then they would drop the price of the vehicle by $10,000 and charge $10,000 for those fees, taking $900 of state tax out of the deal.

wardlord

Hi - What is the MF/ Residual for a 2017 BMW X3 sDrive28i, in 80301 based on the following:

36/7.5k
39/7.5k
36/10k
39/7.5k

Thanks in advance