2017 BMW X3 Lease Deals and Prices

Michaell

hellothere3 said:

thank you. residuals for 36/10K?

64%

hellothere3

Michaell said:

hellothere3 said:

thank you. residuals for 36/10K?

64%

Thank you! Does anyone have any Info on incentives for 2017 X3 this month?

Michaell

hellothere3 said:

Michaell said:

hellothere3 said:

thank you. residuals for 36/10K?

64%

Thank you! Does anyone have any Info on incentives for 2017 X3 this month?

$1000 option allowance.

zoombie99

abhayt said:

What is the Sept MF and residual for X3 x28i 36/ 12000 miles for NJ ? Are there any incentives ?

The website shows a $1,000 "option" credit

Michaell

zoombie99 said:

abhayt said:

What is the Sept MF and residual for X3 x28i 36/ 12000 miles for NJ ? Are there any incentives ?

The website shows a $1,000 "option" credit

That is correct.

sectionbee

Do you have Sept MF and residual for X3 x35i 36/12000 and 24/12000? Thanks

kyfdx

sectionbee said:

Do you have Sept MF and residual for X3 x35i 36/12000 and 24/12000? Thanks

.00136 MF and 63% residual.
$1000 option allowance.

We don't have the 24 month residual, but it's most likely 69%

hongbx8

Does it make sense to buy instead of leasing considering 0.9% APR promotion?
Originally thought of leasing soon but suddenly 0.9% APR promotion started and gets confused.

kyfdx

hongjik said:

Does it make sense to buy instead of leasing considering 0.9% APR promotion?
Originally thought of leasing soon but suddenly 0.9% APR promotion started and gets confused.

A lot of factors go into the buy/lease decision. A lot of it depends on your mileage needs, and how long you are willing to keep the car.

hongbx8

Thanks. I think I will drive around 12k miles per year and keep it at least 3-4 years, max 5-6 years if I like it.

kyfdx

hongjik said:

Thanks. I think I will drive around 12k miles per year and keep it at least 3-4 years, max 5-6 years if I like it.

I would buy it..

amesbury1

Is this a good deal for 2017 x3 x28i?
MSRP $46,145
Invoice $43,473
Customer cash $4,354

36 month, 10k miles $422 before taxes.

Dealer said that they are beating the advertised offer on bmwusa.com

Michaell

amesbury1 said:

Is this a good deal for 2017 x3 x28i?
MSRP $46,145
Invoice $43,473
Customer cash $4,354

36 month, 10k miles $422 before taxes.

Dealer said that they are beating the advertised offer on bmwusa.com

Is the customer cash your out of pocket? What does that include?

.00136 and 64%

Not hard to beat the advertised offer. It's the details that separate a good deal from a great deal.

amesbury1

Michaell said:

amesbury1 said:

Is this a good deal for 2017 x3 x28i?
MSRP $46,145
Invoice $43,473
Customer cash $4,354

36 month, 10k miles $422 before taxes.

Dealer said that they are beating the advertised offer on bmwusa.com

Is the customer cash your out of pocket? What does that include?

.00136 and 64%

Not hard to beat the advertised offer. It's the details that separate a good deal from a great deal.

Yes, it is out of pocket cash, includes down payment, first month payment, registration, doc fees.

Michaell

amesbury1 said:

Michaell said:

amesbury1 said:

Is this a good deal for 2017 x3 x28i?
MSRP $46,145
Invoice $43,473
Customer cash $4,354

36 month, 10k miles $422 before taxes.

Dealer said that they are beating the advertised offer on bmwusa.com

Is the customer cash your out of pocket? What does that include?

.00136 and 64%

Not hard to beat the advertised offer. It's the details that separate a good deal from a great deal.

Yes, it is out of pocket cash, includes down payment, first month payment, registration, doc fees.

How much is the down payment? With your numbers, I get $487/mo before tax.

We recommend against a down payment; that money would be lost if the car is stolen or totaled.

amesbury1

Michaell said:

amesbury1 said:

Michaell said:

amesbury1 said:

Is this a good deal for 2017 x3 x28i?
MSRP $46,145
Invoice $43,473
Customer cash $4,354

36 month, 10k miles $422 before taxes.

Dealer said that they are beating the advertised offer on bmwusa.com

Is the customer cash your out of pocket? What does that include?

.00136 and 64%

Not hard to beat the advertised offer. It's the details that separate a good deal from a great deal.

Yes, it is out of pocket cash, includes down payment, first month payment, registration, doc fees.

How much is the down payment? With your numbers, I get $487/mo before tax.

We recommend against a down payment; that money would be lost if the car is stolen or totaled.

He didn't not share the spilt. It is around $3,000. I am going to see if I can put MSD in stead.

vistavilla

MSRP 47,095, Selling Price 43,300, 0 down, 455 per month before tax. Initial fees 1860 includes destination charges (950), first month payment, dealer doc fees and registration.

kyfdx

vistavilla said:

MSRP 47,095, Selling Price 43,300, 0 down, 455 per month before tax. Initial fees 1860 includes destination charges (950), first month payment, dealer doc fees and registration.

Upfront has to be $925 acquisition fee, not destination.

What term and mileage?

vistavilla

You are right, it is 925 acquisition fees. Term is 36 months 10k miles

Michaell

kyfdx said:

vistavilla said:

MSRP 47,095, Selling Price 43,300, 0 down, 455 per month before tax. Initial fees 1860 includes destination charges (950), first month payment, dealer doc fees and registration.

Upfront has to be $925 acquisition fee, not destination.

What term and mileage?

vistavilla said:

You are right, it is 925 acquisition fees. Term is 36 months 10k miles

I get $465/mo before tax using those prices (64% residual, .00136 MF).

Your deal looks pretty strong.

blufftonjoe

I currently lease a 2014 X 3 awd. Lease expires in March 2017. At last servicing , got a estimate on a new one. The $ 1000 option credit was disappointing.. Since I know year end Incentives usually are better than that, i figure waiting until they come out and go back in. I felt the Dealer's initial quotes didn't show much love as a returning customer, etc. Does this make sense? I like the vehicle enough to buy it, at lease end for $26k, if the Lease numbers on a new one don't work. How important is it for Dealers to keep BMW customers? thanks.

Michaell

blufftonjoe said:

I currently lease a 2014 X 3 awd. Lease expires in March 2017. At last servicing , got a estimate on a new one. The $ 1000 option credit was disappointing.. Since I know year end Incentives usually are better than that, i figure waiting until they come out and go back in. I felt the Dealer's initial quotes didn't show much love as a returning customer, etc. Does this make sense? I like the vehicle enough to buy it, at lease end for $26k, if the Lease numbers on a new one don't work. How important is it for Dealers to keep BMW customers? thanks.

Returning customers is why a large percentage of BMW transactions are leases.

kyfdx

blufftonjoe said:

I currently lease a 2014 X 3 awd. Lease expires in March 2017. At last servicing , got a estimate on a new one. The $ 1000 option credit was disappointing.. Since I know year end Incentives usually are better than that, i figure waiting until they come out and go back in. I felt the Dealer's initial quotes didn't show much love as a returning customer, etc. Does this make sense? I like the vehicle enough to buy it, at lease end for $26k, if the Lease numbers on a new one don't work. How important is it for Dealers to keep BMW customers? thanks.

The dealer can't fix the lease program from BMWFS. If the deals aren't there, they aren't there. They can't lose money on each car, then make it up on volume.

luke__s

luke__s said:

Dealer said this is a "preliminary" quote but the payment will not be more than this, will get an exact breakdown at the time of delivery.

The $3k should at least cover the lease acquisition fee $925, DMV $360, slew of fees about $250, 1st month payment.

the final numbers different from what I posted earlier:

2017 X3 x28i
xLine, Driver Assistance, Driver Assistance Plus, Navigation.
36m/12k
MSRP - $49045
Dealer discounts -$2750, Option credit -$1000, Corp discount -$1000
Lease protection +$1595 ($5k excess wear and tear coverage)
Gross cap cost - $44295
Base MF - 0.00137, Residual - 63%
MF after 7 MSD = 0.00088
Cash down: $6493.00 ($3850 MSD deposit, $508.12 1st month payment, $1595 lease protection, $539 DMV and fees)
Extras: BMW rubber mats complimentary (worth MSRP $300)

35 monthly payments (incl. tax) - $508


Is this considered a decent deal ?
Thanks.

Michaell

luke__s said:

luke__s said:

Dealer said this is a "preliminary" quote but the payment will not be more than this, will get an exact breakdown at the time of delivery.

The $3k should at least cover the lease acquisition fee $925, DMV $360, slew of fees about $250, 1st month payment.

the final numbers different from what I posted earlier:

2017 X3 x28i
xLine, Driver Assistance, Driver Assistance Plus, Navigation.
36m/12k
MSRP - $49045
Dealer discounts -$2750, Option credit -$1000, Corp discount -$1000
Lease protection +$1595 ($5k excess wear and tear coverage)
Gross cap cost - $44295
Base MF - 0.00137, Residual - 63%
MF after 7 MSD = 0.00088
Cash down: $6493.00 ($3850 MSD deposit, $508.12 1st month payment, $1595 lease protection, $539 DMV and fees)
Extras: BMW rubber mats complimentary (worth MSRP $300)

35 monthly payments (incl. tax) - $508


Is this considered a decent deal ?
Thanks.

I'd skip the lease protection and keep the money in your bank account.

I get $437/mo before tax using your numbers and prices.

What state and tax rate is this?

luke__s

CA, tax calculated at 9%. Also please add the $925 acquisition fee in the calculation.

The lease protection is just for peace of mind. In my current and previous cars (none of them luxury cars) I always had some kind of scratches, dents over a period of 3 years regardless of how careful I have been. Plus if any tires are worn out they will not charge for replacement.

Michaell

luke__s said:

CA, tax calculated at 9%. Also please add the $925 acquisition fee in the calculation.

The lease protection is just for peace of mind. In my current and previous cars (none of them luxury cars) I always had some kind of scratches, dents over a period of 3 years regardless of how careful I have been. Plus if any tires are worn out they will not charge for replacement.

Adding the acquisition fee to the cap cost, and 9% tax, I get $507/mo

jfeins02

I live in Los Angeles and can't find the car with the options we need so I need to order the car. Never done this before, do I just negotiate the price and payments before putting in the deposit as if the car is already on the lot?

kyfdx

jfeins02 said:

I live in Los Angeles and can't find the car with the options we need so I need to order the car. Never done this before, do I just negotiate the price and payments before putting in the deposit as if the car is already on the lot?

Negotiate everything before you order.

Otherwise, eight weeks from now, "your" car shows up at the dealership, and what leverage do you have then?

graciepie16

Hi, I'm new to this forum and about to lease my first car (and thus not very confident about this deal!). Following specs on a 2017 BMW X3 xdrive 28i, includes premium package, driver assistance plus, with navigation: 

MSRP: $50,795

Negotiated cost: $4320 off

36 months, 12K/year

monthly payment: $446.02 including 6.25% sales tax plus fees

Total due at delivery: $8000

State of TX

Residual value: 63%

Debating whether or not to put down multiple MSDs. But is this a good deal?
thanks in advance for the help!

Michaell

graciepie16 said:

Hi, I'm new to this forum and about to lease my first car (and thus not very confident about this deal!). Following specs on a 2017 BMW X3 xdrive 28i, includes premium package, driver assistance plus, with navigation: 

MSRP: $50,795

Negotiated cost: $4320 off

36 months, 12K/year

monthly payment: $446.02 including 6.25% sales tax plus fees

Total due at delivery: $8000

State of TX

Residual value: 63%

Debating whether or not to put down multiple MSDs. But is this a good deal?
thanks in advance for the help!

Good discount from sticker

What is the breakdown of the $8000 - I'm sure some of it is taxes and fees, but how much is going to cap reduction?

.00136 and 63% for 36/12

vistaview

Any feedback on this X3 deal in Socal would be appreciated. It's 36 mo, 12k miles/yr.

jfeins02

Need some help here. After getting a broad quote I asked about the MF and residual, adjusted cap cost etc and the dealer is overloading me with info. Math is not my thing but it looks like he's using a .00169 MF as his base????
initial quote:
$50245 MSRP
1000 dealer discount
1000 option credit
$45,900 sales price

I pointed out that I get a $1000 corp discount, he confirmed it and said it took .00020 off the MF and sent me this...deep breathe. Still seems like the MF is too high???


Agreed Value: 44,900.00

a) Gross Capital Cost 45,825.00

b) Capital Cost Reduction -1,098.88

c) Adjusted Capital Cost 44,726.12

d) Residual 32,156.80

e) Depreciation Charge 12,569.32

f) Rent Charge 4,124.24

g) Total of base MP 16,693.56

h) Lease Term 36

i) Base MP 463.71

j) Monthly Tax 34.78

k) Personal Prop Tax 0.00

l) Excise Tax 0.00

m) Other Amounts 0.00

n) Total MP 500.81

Itemization of Gross Capital Cost

a) Agreed Value: 44,900.00

b) Acquisition Fee 925.00

c) GAP Insurance 0.00

d) Document Fee 0.00

e) Warranty 0.00

f) Upfront Sales Tax 0.00

g) Service Tax 0.00

h) Cash Down Tax 0.00

i) Trade In Tax 0.00

j) Finance Tax 0.00

k) Tire Tax 0.00

l) Lic., Insp., Title, Reg. Fees 0.00

m) Other Fees 0.00

n) Total Capital Cost 44,726.12

Itemization of Amount Due at Signing

a) Total Capital Cost Reduction 1,098.88

-Cap Reduction (Cash) 1,098.88

-Rebates 0.00

-Trade-In 0.00

b) Tax on Capital Cost Red. 94.31

c) First Monthly Payment 500.81

d) Last Monthly Payment(s) 0.00

e) Refundable Security Deposit 0.00

f) Acquisition Fee 0.00

g) Gap Insurance 0.00

h) Documentation Fee 80.00

i) Monthly Tax (Upfront) 0.00

j) Upfront Tax (not in Capital Cost) 0.00

k) Service Tax (not in Capital Cost) 0.00

l) Tire Tax (not in Capital Cost) 0.00

m) Lic., Insp., Title, Reg. Fees 363.00

n) Other Fees 63.00

o) Total Due at Signing 2,200.00

How the Amount Due at Signing will be Paid

a) Net Trade-In Value 0.00

b) Rebates/Credits 0.00

c) Amount Paid in Cash 1,699.19

d) Total Due at Signing 2,200.00

Michaell

vistaview said:

Any feedback on this X3 deal in Socal would be appreciated. It's 36 mo, 12k miles/yr.

I agree with the math. However, hang on to the $1064 of cap reduction - the payment will go up about $30/mo pre-tax, but that money would be lost if the car is stolen or totaled.

Michaell

jfeins02 said:

Need some help here. After getting a broad quote I asked about the MF and residual, adjusted cap cost etc and the dealer is overloading me with info. Math is not my thing but it looks like he's using a .00169 MF as his base????
initial quote:
$50245 MSRP
1000 dealer discount
1000 option credit
$45,900 sales price

I pointed out that I get a $1000 corp discount, he confirmed it and said it took .00020 off the MF and sent me this...deep breathe. Still seems like the MF is too high???


Agreed Value: 44,900.00

a) Gross Capital Cost 45,825.00

b) Capital Cost Reduction -1,098.88

c) Adjusted Capital Cost 44,726.12

d) Residual 32,156.80

e) Depreciation Charge 12,569.32

f) Rent Charge 4,124.24

g) Total of base MP 16,693.56

h) Lease Term 36

i) Base MP 463.71

j) Monthly Tax 34.78

k) Personal Prop Tax 0.00

l) Excise Tax 0.00

m) Other Amounts 0.00

n) Total MP 500.81

Itemization of Gross Capital Cost

a) Agreed Value: 44,900.00

b) Acquisition Fee 925.00

c) GAP Insurance 0.00

d) Document Fee 0.00

e) Warranty 0.00

f) Upfront Sales Tax 0.00

g) Service Tax 0.00

h) Cash Down Tax 0.00

i) Trade In Tax 0.00

j) Finance Tax 0.00

k) Tire Tax 0.00

l) Lic., Insp., Title, Reg. Fees 0.00

m) Other Fees 0.00

n) Total Capital Cost 44,726.12

Itemization of Amount Due at Signing

a) Total Capital Cost Reduction 1,098.88

-Cap Reduction (Cash) 1,098.88

-Rebates 0.00

-Trade-In 0.00

b) Tax on Capital Cost Red. 94.31

c) First Monthly Payment 500.81

d) Last Monthly Payment(s) 0.00

e) Refundable Security Deposit 0.00

f) Acquisition Fee 0.00

g) Gap Insurance 0.00

h) Documentation Fee 80.00

i) Monthly Tax (Upfront) 0.00

j) Upfront Tax (not in Capital Cost) 0.00

k) Service Tax (not in Capital Cost) 0.00

l) Tire Tax (not in Capital Cost) 0.00

m) Lic., Insp., Title, Reg. Fees 363.00

n) Other Fees 63.00

o) Total Due at Signing 2,200.00

How the Amount Due at Signing will be Paid

a) Net Trade-In Value 0.00

b) Rebates/Credits 0.00

c) Amount Paid in Cash 1,699.19

d) Total Due at Signing 2,200.00

Dealers love to throw a lot of numbers at you, hoping you'll get confused and just sign.

The only numbers that matter are:

MSRP
Adjusted cap cost
Residual
MF

I don't see the lease term or miles per year in this ... what are they?

MF this month is .00136 - dealer can mark it up by as much as .00040

And, the MSRP isn't listed, either.

jfeins02

msrp is $50,245. term is 36/10

Michaell

jfeins02 said:

msrp is $50,245. term is 36/10

I get $454/mo before tax with those numbers (.00136 MF and 64% residual)

jjinatx

Can you share MF/RV for 36/12 in TX. 2017 x3 sdrive28i

Michaell

jjinatx said:

Can you share MF/RV for 36/12 in TX. 2017 x3 sdrive28i

.00136 and 63%

hellothere3

Can I have October mf, 10k/36mo residual and any credits or incentives. Thank you.

Michaell

hellothere3 said:

Can I have October mf, 10k/36mo residual and any credits or incentives. Thank you.

No changes from September ... .00136 MF and 64%. $1000 option allowance.

Michaell

@scharwath - we do not allow soliciting on the boards, so I've deleted your post.

reekoh

Thanks for running these very helpful forums. Could you please help me validate this quote. This is for a 36/12 lease of a 2017 X3 xDrive35i. I asked for the maximum allowed number of MSDs to be applied. The quote results in a $648.46 monthly payment + $5802.66 drive-off. I'm in Northern California.

Michaell

reekoh said:

Thanks for running these very helpful forums. Could you please help me validate this quote. This is for a 36/12 lease of a 2017 X3 xDrive35i. I asked for the maximum allowed number of MSDs to be applied. The quote results in a $648.46 monthly payment + $5802.66 drive-off. I'm in Northern California.

The math is correct. Only way to improve it is to get a lower selling price.

dnichols4

I'm new to leasing, so still trying to learn/understand everything that goes into the lease and was hoping someone could 'check my logic' on the below:

On the BMW USA website, I see a current offer for a 2017 BMW X3 xDrive28i with a MSRP of $46,145.00 with $3000 down, $1000 option allowance and a residual value of $29,533.00 for 36 months @ 10k miles for $399/month.

If I do my own calculations using these values, I end up with $447.82/month before taxes using a residual of 64% and MF of 0.00136.

The only thing that brings it closer is if I assume a 7% discount off MSRP; which gets me to $353/month before taxes, but I would *assume* that BMW isn't discounting the MSRP more than the $46,145 they listed. Where am I going wrong?

Thanks!

spidpooy

I think the dealer contribution is unknown. It can be that 7% discount that you are referring to.

Michaell

dnichols4 said:

I'm new to leasing, so still trying to learn/understand everything that goes into the lease and was hoping someone could 'check my logic' on the below:

On the BMW USA website, I see a current offer for a 2017 BMW X3 xDrive28i with a MSRP of $46,145.00 with $3000 down, $1000 option allowance and a residual value of $29,533.00 for 36 months @ 10k miles for $399/month.

If I do my own calculations using these values, I end up with $447.82/month before taxes using a residual of 64% and MF of 0.00136.

The only thing that brings it closer is if I assume a 7% discount off MSRP; which gets me to $353/month before taxes, but I would *assume* that BMW isn't discounting the MSRP more than the $46,145 they listed. Where am I going wrong?

Thanks!

Most of these regional or national offers assume some discount from sticker, in addition to the incentives and up front cash.

kyfdx

dnichols4 said:

I'm new to leasing, so still trying to learn/understand everything that goes into the lease and was hoping someone could 'check my logic' on the below:

On the BMW USA website, I see a current offer for a 2017 BMW X3 xDrive28i with a MSRP of $46,145.00 with $3000 down, $1000 option allowance and a residual value of $29,533.00 for 36 months @ 10k miles for $399/month.

If I do my own calculations using these values, I end up with $447.82/month before taxes using a residual of 64% and MF of 0.00136.

The only thing that brings it closer is if I assume a 7% discount off MSRP; which gets me to $353/month before taxes, but I would *assume* that BMW isn't discounting the MSRP more than the $46,145 they listed. Where am I going wrong?

Thanks!

The ad price assumes a $657 discount from MSRP, in addition to the incentives.

That leaves a lot of room to do better.

wheelson1

Can someone comment on this lease deal?
2017 X3 xdrive 28i for 36 months 10k per year
Price 54,375
MSRP 55,370
Sale price 48,855 (includes loyalty credit of 1k)
I'm assuming the base residual and MF rates are used
$499 per month before taxes and fees
$459 with MSDs
TIA

kyfdx

wheelson1 said:

Can someone comment on this lease deal?
2017 X3 xdrive 28i for 36 months 10k per year
Price 54,375
MSRP 55,370
Sale price 48,855 (includes loyalty credit of 1k)
I'm assuming the base residual and MF rates are used
$499 per month before taxes and fees
$459 with MSDs
TIA

.00136 MF and 64% residual.
$1000 option allowance

Why are there three prices?
MSRP
Sale price
What is the first number? (Price 54,375)