2017 BMW X3 Lease Deals and Prices

kyfdx

carchick18 said:

Got it what in Texas is a good negotiated selling price

We bought a 2017 service loaner in September with 4400 miles.
Our price was 15% off MSRP + $2500 in rebates.

Not sure what the rebate level is now, but I considered that a good deal.

If you are interested, I'd try to wrap it up, today. No telling what happens tomorrow, with the new lease programs.

carchick18

Thoughts on below:

2017 BMW X3 SAV All-wheel Drive

MSRP:$48,895
Savings:$5,900
Price:$42,995

Drive Line:All-wheel Drive Engine:2.0L I-4 cyl Transmission:Automatic Exterior Color:Black Ltte
Fuel Type:Premium Unleaded



Michaell

carchick18 said:

Thoughts on below:

2017 BMW X3 SAV All-wheel Drive

MSRP:$48,895
Savings:$5,900
Price:$42,995

Drive Line:All-wheel Drive Engine:2.0L I-4 cyl Transmission:Automatic Exterior Color:Black Ltte
Fuel Type:Premium Unleaded



Are you leasing? If so, what lease term and how many miles per year?

carchick18

I am looking to do 36 months at 15,000 per year

Michaell

carchick18 said:

I am looking to do 36 months at 15,000 per year

.00152 and 61%

kyfdx

carchick18 said:

I am looking to do 36 months at 15,000 per year

Is that the loaner? If so, subtract $0.25/mile from the residual, assuming it has under 5000 miles

carchick18

Ok thanks. I am confused as I have never leased before. For the negotiation what numbers should I focus on? The MSRPI or the residual/MF number? I just want to get the best deal possible on a 2017 X#x28i loaner that has less than 5K in Texas. I am not very concerned on optionals except drivers assist. And I want black exterior/ black or beige interior.

kyfdx

carchick18 said:

Ok thanks. I am confused as I have never leased before. For the negotiation what numbers should I focus on? The MSRPI or the residual/MF number? I just want to get the best deal possible on a 2017 X#x28i loaner that has less than 5K in Texas. I am not very concerned on optionals except drivers assist. And I want black exterior/ black or beige interior.

1) MSRP
2) Selling price (shoot for 15% discount from MSRP, for unit with 4XXX miles)
3) Money factor (.00152 is base.. insist on this)
4) Residual (61% of MSRP for 36/15 minus $0.25/mile). This can't be negotiated
5) Rebates. There is at least $1000 on this vehicle, maybe more. Subtract that from your 15% off.

The only additions should be for $925 acquisition fee, Texas DMV fees and Texas sales tax. DMV fees should be around $400 tops. Sales tax is high in Texas, as it's applied to the full price. So, somewhere around $3000 for tax.

carchick18

Texas: Brand new 2018X3 - TAKE IT, OR NEGOTIATE? THANKS!

Vehicle: 2018 BMW X3 SERIES 18XD 4dr Wgn xDrive30i
Miles: 6
PURCHASE OPTION
Vehicle Price: $53,145.00
AutoNation Savings: - $1,965.00
AutoNation Price: $51,180.00

Sales Tax (estimate): + $3,315.49
Title Fee: + $33.00
State Inspection Fee: + $16.75
Road and Bridge: + $23.00
Other: + $7.00
Tag/Registration Fees (estimate): + $114.50
Documentation Fee: + $150.00
Balance Due (estimate): $54,839.74
Cash Due 36 months
Rebates: $2,000
15,000 Miles
$0 $857
$1,500 $808
$3,000 $762

kyfdx

carchick18 said:

Texas: Brand new 2018X3 - TAKE IT, OR NEGOTIATE? THANKS!

Vehicle: 2018 BMW X3 SERIES 18XD 4dr Wgn xDrive30i
Miles: 6
PURCHASE OPTION
Vehicle Price: $53,145.00
AutoNation Savings: - $1,965.00
AutoNation Price: $51,180.00

Sales Tax (estimate): + $3,315.49
Title Fee: + $33.00
State Inspection Fee: + $16.75
Road and Bridge: + $23.00
Other: + $7.00
Tag/Registration Fees (estimate): + $114.50
Documentation Fee: + $150.00
Balance Due (estimate): $54,839.74
Cash Due 36 months
Rebates: $2,000
15,000 Miles
$0 $857
$1,500 $808
$3,000 $762

That's a pitifully small discount.

carchick18

They went down on the 2018:
On the 2018 they dropped selling price to 48,843.82 for 15000 miles cash due is $894 and the lease payment is 726

On the 2018 they dropped selling price to 48,843.82 for 12000 miles cash due 894 and the lease payment is 697

The other option is a 2017 loaner at 4800 miles. residual is 26159.70 They dont know the MF But lease payment would be 612 with 1012.52 up front at 36 months 15k miles per year

Whats the better deal?

kyfdx

carchick18 said:

They went down on the 2018:
On the 2018 they dropped selling price to 48,843.82 for 15000 miles cash due is $894 and the lease payment is 726

On the 2018 they dropped selling price to 48,843.82 for 12000 miles cash due 894 and the lease payment is 697

The other option is a 2017 loaner at 4800 miles. residual is 26159.70 They dont know the MF But lease payment would be 612 with 1012.52 up front at 36 months 15k miles per year

Whats the better deal?

I think you can do better than that on the service loaner, today.

On the 2018, looks like the first dealer really stepped up from the $800+ payment they started with.
Not that the 2018 leases great, but that's a pretty good deal, given the program.
Appears to be base money factor and a substantial discount.

But, this isn't really apples to apples.. The 2018 model has an $8500 higher MSRP.

If the dealer with the loaner sticks to $612/mo, I might check out the new one. But, I'd work at knocking about $100/mo. off of that loaner price, first.

carchick18

Loaner came down to $550 and the dealership on the 2018 is going to come down to $650 at 12000 miles per year

kyfdx

carchick18 said:

Loaner came down to $550 and the dealership on the 2018 is going to come down to $650 at 12000 miles per year

Tough choice. Not my money. Get the mileage you need, though. 15K should be about $33/mo more on the 2018.

xyz2017a

Almost closed the deal, but decided to wait until February because salesman said dealership may be willing to discount further the 2017 x3 demo unit. When you get February numbers, please post MF and RV on a 36 mo / 12k mile lease and available incentives. Thanks!

mike1177

Looks like lease support died on the 2017 x3 in Feb. The guys will have to confirm, but I'm not seeing any info on BMW's website for the 2017 x3.

drnw04a

I see the same - had been hoping for one more month of being able to try to deal for one of the 2017s. Any of the experts know where that leaves us? Are these unleasable now or are we into the world of CPO leasing?

mike1177

Just had a dealer tell me that there is still lease support on the 17 x3 this month. What's the residual/MF on a 24/10 or 12 AWD

Michaell

xyz2017a said:

Almost closed the deal, but decided to wait until February because salesman said dealership may be willing to discount further the 2017 x3 demo unit. When you get February numbers, please post MF and RV on a 36 mo / 12k mile lease and available incentives. Thanks!

Lease support for the 2017 X3 has ended for February - no lease numbers are published.

Michaell

mike1177 said:

Looks like lease support died on the 2017 x3 in Feb. The guys will have to confirm, but I'm not seeing any info on BMW's website for the 2017 x3.

Lease support for the 2017 X3 has ended for February - no lease numbers are published.

Michaell

drnw04a said:

I see the same - had been hoping for one more month of being able to try to deal for one of the 2017s. Any of the experts know where that leaves us? Are these unleasable now or are we into the world of CPO leasing?

Lease support for the 2017 X3 has ended for February - no lease numbers are published.

I'm sure the dealer can work with a 3rd party bank to lease, but we'd have no idea what those numbers are.

Michaell

mike1177 said:

Just had a dealer tell me that there is still lease support on the 17 x3 this month. What's the residual/MF on a 24/10 or 12 AWD

Through BMWFS? I don't have any information on that - could be through a 3rd party financial institution.

mike1177

He didn't say. I was surprised when he said there was lease support, as I didn't seen anything on bmwusa for it. It very well could be a 3rd party. Or, he was incorrect.

drnw04a

A dealer I've been getting quotes from who's been very transparent with numbers sent me the words 'Programs stayed the same in February,' but we'll see if that holds true if I go another round of getting detailed quotes from him.

Michaell

drnw04a said:

A dealer I've been getting quotes from who's been very transparent with numbers sent me the words 'Programs stayed the same in February,' but we'll see if that holds true if I go another round of getting detailed quotes from him.

I'll admit, we have limited BMW information for February at the moment, but I don't see any information for the 2017 X3 in what did receive.

xyz2017a

I was also told by dealer that the programs are the same in February. 

Michaell

xyz2017a said:

I was also told by dealer that the programs are the same in February. 

That's good to hear, but I don't have any documentation to confirm that, yet.

Perhaps we'll get more documents tomorrow.

juventino11

Hi everyone, I'm trying to get opinions on this offer from an online dealer in southern california for a 2017 X3 sdrive.

He priced this out with 36m/10k and $5,000 down. I have no intention of putting money down but wanted to hear from everyone how this initial deal looks. I would have put MSD but it is no longer available!

2017 X3 sdrive
Miles: 4,000
MSRP: $47.395
Gross Cap Cost: $44,623.65
Cap Cost Reduction: $3,473.54 (1k loyalty discount, unclear what else)
Net Cap Cost: $41,150.11
Residual: 64%
Residual value: $30,332.8
MF: .00172

Other than 1k loyalty, no other incentives were included. Do we know if BMW still offers student discounts?

What is everyone's thoughts on leasing 2017 demos? Should I be quick to move on a vehicle as I am hearing that they will stop support for 2017 in February?

I feel that the dealer should be able to bring down selling price more than 6%, correct?

Thoughts?

kyfdx

juventino11 said:

Hi everyone, I'm trying to get opinions on this offer from an online dealer in southern california for a 2017 X3 sdrive.

He priced this out with 36m/10k and $5,000 down. I have no intention of putting money down but wanted to hear from everyone how this initial deal looks. I would have put MSD but it is no longer available!

2017 X3 sdrive
Miles: 4,000
MSRP: $47.395
Gross Cap Cost: $44,623.65
Cap Cost Reduction: $3,473.54 (1k loyalty discount, unclear what else)
Net Cap Cost: $41,150.11
Residual: 64%
Residual value: $30,332.8
MF: .00172

Other than 1k loyalty, no other incentives were included. Do we know if BMW still offers student discounts?

What is everyone's thoughts on leasing 2017 demos? Should I be quick to move on a vehicle as I am hearing that they will stop support for 2017 in February?

I feel that the dealer should be able to bring down selling price more than 6%, correct?

Thoughts?

The CAP cost reduction is what's left over from your $5000, after paying for upfront items.
The Gross CAP cost isn't necessarily just the selling price. That includes acquisition fees, etc, etc.
The selling price is not disclosed.
The money factor is marked up from the base .00152
On a demo, I'd look for 15% off MSRP, before incentives are deducted.
Nothing wrong with leasing a demo. It can be a great deal.
But, like any deal, it can also be a bad deal, if you let the dealer have their way.

juventino11

Hi all,

Here is another offer for a 2018 X3 xDrive (service loaner) Southern California

Miles: 2,800
MSRP: $46,195
Selling Price: $39,795
1,500 loyalty rebate
$0.00 drive off
36m/12k
.00152 MF
58% residual

$532.76 all in (including tax)

What are your thoughts? Does BMW still offer student/graduate discounts?

kyfdx

juventino11 said:

Hi all,

Here is another offer for a 2018 X3 xDrive (service loaner) Southern California

Miles: 2,800
MSRP: $46,195
Selling Price: $39,795
1,500 loyalty rebate
$0.00 drive off
36m/12k
.00152 MF
58% residual

$532.76 all in (including tax)

What are your thoughts? Does BMW still offer student/graduate discounts?

Please post in the 2018 discussion, here:
https://forums.edmunds.com/discussion/46977/bmw/x3/2018-bmw-x3-lease-deals-and-prices#latest

tdlaw

I was in a BMW dealership yesterday looking at the 2017 X3 and was given a money factor of .00182. I see from previous posts that people have been given lower. Can you tell me what the current money factor is for a 2017 X3 in Central Illinois?

kyfdx

tdlaw said:

I was in a BMW dealership yesterday looking at the 2017 X3 and was given a money factor of .00182. I see from previous posts that people have been given lower. Can you tell me what the current money factor is for a 2017 X3 in Central Illinois?

.00152

mripguru

Is there still lease support for 2017 X3 for March?

kyfdx

mripguru said:

Is there still lease support for 2017 X3 for March?

We don't have all of the information for BMW, yet.

But, we don't see it, so far.

kyongchoi

Hi. Any updates on X3 for March? Is there still support on 2017s?

Thank you

Michaell

kyongchoi said:

Hi. Any updates on X3 for March? Is there still support on 2017s?

Thank you

36/15 - .00156 and 61%
$1500 lease credit
$1500 loyalty

kyongchoi

Thank you!

moa0916

Hello may I have the numbers for

2017 BMW X3 xDrive28i
24/10k and 36/10k

kyfdx

moa0916 said:

Hello may I have the numbers for

2017 BMW X3 xDrive28i
24/10k and 36/10k

.00152 MF and 70%/64% residual
$1000 lease credit.

2017 model year lease programs end on April 2nd.

mike1177

kyfdx said:

moa0916 said:

Hello may I have the numbers for

2017 BMW X3 xDrive28i
24/10k and 36/10k

.00152 MF and 70%/64% residual
$1000 lease credit.

2017 model year lease programs end on April 2nd.

I think you meant .00156 this month.

Michaell

mike1177 said:

kyfdx said:

moa0916 said:

Hello may I have the numbers for

2017 BMW X3 xDrive28i
24/10k and 36/10k

.00152 MF and 70%/64% residual
$1000 lease credit.

2017 model year lease programs end on April 2nd.

I think you meant .00156 this month.

Whoops - good catch.

saqibm

This is a few years later but I just came across this today. In October 2016, I had picked up a 2017 BMW X3 (2.8, not M) fully equipped with nearly all the possible features (MSRP $54,895. I walked out the dealership with $0 down and $499 monthly payment for 36 months / 12,000 miles. Is that a good deal?

Michaell

saqibm said:

This is a few years later but I just came across this today. In October 2016, I had picked up a 2017 BMW X3 (2.8, not M) fully equipped with nearly all the possible features (MSRP $54,895. I walked out the dealership with $0 down and $499 monthly payment for 36 months / 12,000 miles. Is that a good deal?

We don't have the lease programs from then to really comment.