2017 BMW X3 Lease Deals and Prices

1246723

Comments

  • wheelson1wheelson1 Member Posts: 13
    I think the MSRP price of $55,370 includes $995 of destination fees
  • kyfdxkyfdx Moderator Posts: 255,905
    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

    wheelson1 said:

    I think the MSRP price of $55,370 includes $995 of destination fees

    Okay... That's the number that matters.

    .00136 MF and 64% residual

    I get $487/mo.+tax. Not too far off.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • wheelson1wheelson1 Member Posts: 13
    I'm trying to gauge how much of a discount I'm getting from dealer and whether or not it's decent discount based on past leases.
    MSRP of 55,360 and negotiated selling price of 48,855 would suggest a discount of 6,515 with 1k of that coming from loyalty credit. Does anyone know of any October incentives/credits or is the dealer giving me a 10% discount? (5,515/55,360)
    Thanks
  • MichaellMichaell Moderator Posts: 254,130
    wheelson1 said:

    I'm trying to gauge how much of a discount I'm getting from dealer and whether or not it's decent discount based on past leases.
    MSRP of 55,360 and negotiated selling price of 48,855 would suggest a discount of 6,515 with 1k of that coming from loyalty credit. Does anyone know of any October incentives/credits or is the dealer giving me a 10% discount? (5,515/55,360)
    Thanks

    $1000 option allowance is the only incentive we know of this month.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • wheelson1wheelson1 Member Posts: 13
    So if i'm reading this correctly: total discount from MSRP is 6,515 with 1k coming from loyalty credit and 1k coming from option allowance incentive, then that means dealer is giving me 4,515 total discount from MSRP or 8.15%. Is that correct and is that considered a discount?
  • wheelson1wheelson1 Member Posts: 13
    wheelson1 said:

    So if i'm reading this correctly: total discount from MSRP is 6,515 with 1k coming from loyalty credit and 1k coming from option allowance incentive, then that means dealer is giving me 4,515 total discount from MSRP or 8.15%. Is that correct and is that considered a discount?

    haha sorry to sound long-winded but pretty much what I want to know is if this is a solid deal or is there room for improvement =)
  • kyfdxkyfdx Moderator Posts: 255,905
    wheelson1 said:

    So if i'm reading this correctly: total discount from MSRP is 6,515 with 1k coming from loyalty credit and 1k coming from option allowance incentive, then that means dealer is giving me 4,515 total discount from MSRP or 8.15%. Is that correct and is that considered a discount?

    8% off minus incentives is pretty good for a 2017 model.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • rickzrickz Member Posts: 39
    Can someone provide the MF and residuals for the 2017 x28i in Northeast Ohio for 24-39 months and 12k miles and lower. Thank you.
  • MichaellMichaell Moderator Posts: 254,130
    rickz said:

    Can someone provide the MF and residuals for the 2017 x28i in Northeast Ohio for 24-39 months and 12k miles and lower. Thank you.

    .00136 and 63% for 36/12. That is the best term.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • acmxc60acmxc60 Member Posts: 5
    Hi can someone let me know if this is a good deal? A new 2017 X3 x28i with metallic paint and leather, xLine trim package, Premium Package, Tech Package, Cold Weather, and Driver Assistance, MSRP of 52,295, lease in Chicago for 2000 down and 575/month. Keeping in mind the insane Chicago taxes, which are 9.5% "sales tax" on payments PLUS 8% "use tax" on payments for a total of 17.5%.

    I guess what I'm asking is, can I reverse engineer the discount on the list price assuming they are using October standard MF and RV, and see if it is a good discount?
  • MichaellMichaell Moderator Posts: 254,130
    acmxc60 said:

    Hi can someone let me know if this is a good deal? A new 2017 X3 x28i with metallic paint and leather, xLine trim package, Premium Package, Tech Package, Cold Weather, and Driver Assistance, MSRP of 52,295, lease in Chicago for 2000 down and 575/month. Keeping in mind the insane Chicago taxes, which are 9.5% "sales tax" on payments PLUS 8% "use tax" on payments for a total of 17.5%.

    I guess what I'm asking is, can I reverse engineer the discount on the list price assuming they are using October standard MF and RV, and see if it is a good discount?

    What lease term and how many miles per year?

    What did the $2000 cover?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • acmxc60acmxc60 Member Posts: 5
    Whoops, sorry, it's 36 month 10k mi/yr. The 2000 is about $400 in registration, doc fees etc., first payment, and the rest is down payment. Everything else is wrapped into the 575/mo.
  • MichaellMichaell Moderator Posts: 254,130
    acmxc60 said:

    Whoops, sorry, it's 36 month 10k mi/yr. The 2000 is about $400 in registration, doc fees etc., first payment, and the rest is down payment. Everything else is wrapped into the 575/mo.

    Assuming .00136 MF and 64% residual, along with (ouch!) the 17.5% tax rate, the cap cost works out to just over $47,000, to get a $575/mo payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • acmxc60acmxc60 Member Posts: 5
    Thanks, that's really helpful. That's about 10% off MSRP if my math's right... is that a pretty square deal in the opinion of people on this forum? I know I probably did this backwards and should have gotten them to the price first, but I'm kind of new to this and focused on more on the money down/monthly payment.
  • MichaellMichaell Moderator Posts: 254,130
    acmxc60 said:

    Thanks, that's really helpful. That's about 10% off MSRP if my math's right... is that a pretty square deal in the opinion of people on this forum? I know I probably did this backwards and should have gotten them to the price first, but I'm kind of new to this and focused on more on the money down/monthly payment.

    I think it's a good discount for a 2017; the tax is what kills you on that deal.

    (but, you'll have that bite on any lease)

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • acmxc60acmxc60 Member Posts: 5
    That's my feeling too. We just can't make the math work on buying even with the "double tax" because we won't keep this car more than three years. I think we'll pull the trigger on Monday. Excited for our first bimmer!
  • wheelson1wheelson1 Member Posts: 13
    Can any comment on this lease deal?
    MSRP 51,645
    Sale price 45,100
    MF .00137
    residual 64%
    $499 taxes NY included
  • MichaellMichaell Moderator Posts: 254,130
    wheelson1 said:

    Can any comment on this lease deal?
    MSRP 51,645
    Sale price 45,100
    MF .00137
    residual 64%
    $499 taxes NY included

    How much is due at signing?

    What is the adjusted cap cost, assuming you are rolling in the taxes into the lease?

    And, what is the tax rate?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • country_mousecountry_mouse Member Posts: 7
    Michael,

    Could you help me back into some lease numbers?

    NY Dealer is offering a deal for a demo.

    $489 MO lease
    36 mo
    10k miles
    2017 BMW X3 3.0 loaded
    MSRP 58,245
    Cap $2,921
    $4,404 due at signing

    What other information do I need to evaluate this deal?

    Thank you.
  • MichaellMichaell Moderator Posts: 254,130

    Michael,

    Could you help me back into some lease numbers?

    NY Dealer is offering a deal for a demo.

    $489 MO lease
    36 mo
    10k miles
    2017 BMW X3 3.0 loaded
    MSRP 58,245
    Cap $2,921
    $4,404 due at signing

    What other information do I need to evaluate this deal?

    Thank you.

    .00136 and 64%.

    What is the adjusted cap cost, and what does the $2921 cover?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • country_mousecountry_mouse Member Posts: 7
    Michaell said:

    Michael,

    Could you help me back into some lease numbers?

    NY Dealer is offering a deal for a demo.

    $489 MO lease
    36 mo
    10k miles
    2017 BMW X3 3.0 loaded
    MSRP 58,245
    Cap $2,921
    $4,404 due at signing

    What other information do I need to evaluate this deal?

    Thank you.

    .00136 and 64%.

    What is the adjusted cap cost, and what does the $2921 cover?
    Michael, what does BMW offer for a discount on MF with one payment option?
  • kyfdxkyfdx Moderator Posts: 255,905

    Michaell said:

    Michael,

    Could you help me back into some lease numbers?

    NY Dealer is offering a deal for a demo.

    $489 MO lease
    36 mo
    10k miles
    2017 BMW X3 3.0 loaded
    MSRP 58,245
    Cap $2,921
    $4,404 due at signing

    What other information do I need to evaluate this deal?

    Thank you.

    .00136 and 64%.

    What is the adjusted cap cost, and what does the $2921 cover?
    Michael, what does BMW offer for a discount on MF with one payment option?
    BMWFS has no discount for single-pay leases, at this time.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • country_mousecountry_mouse Member Posts: 7
    Michaell said:

    Michael,

    Could you help me back into some lease numbers?

    NY Dealer is offering a deal for a demo.

    $489 MO lease
    36 mo
    10k miles
    2017 BMW X3 3.0 loaded
    MSRP 58,245
    Cap $2,921
    $4,404 due at signing

    What other information do I need to evaluate this deal?

    Thank you.

    .00136 and 64%.

    What is the adjusted cap cost, and what does the $2921 cover?
    Thanks, Michael...

    Here is more info on the NY 2017 BMW X3 3.0. Is there any wiggle room on this deal?

    MSRP $58,245
    Sales Price $52,900
    10k miles/year
    36 months
    .00136 and 64%

    Due at Drive off
    First Payment: $489.00
    + Security: $0.00
    + Cap Red: $2,921.00
    + Tax on Cap Red: $215.42
    + Upfront Sales Tax: $1,298.30
    + Acquisition Fee: $925.00
    + DMV Fees: $290.00
    + Tire Fee: $12.50
    + Insp Fee: $10.00
    + Doc Fee: $75.00
    + Other Fees: $0.00
    + Tax on Fees: $73.75
    = Cash on Delivery: $6,309.97
  • MichaellMichaell Moderator Posts: 254,130

    Michaell said:

    Michael,

    Could you help me back into some lease numbers?

    NY Dealer is offering a deal for a demo.

    $489 MO lease
    36 mo
    10k miles
    2017 BMW X3 3.0 loaded
    MSRP 58,245
    Cap $2,921
    $4,404 due at signing

    What other information do I need to evaluate this deal?

    Thank you.

    .00136 and 64%.

    What is the adjusted cap cost, and what does the $2921 cover?
    Thanks, Michael...

    Here is more info on the NY 2017 BMW X3 3.0. Is there any wiggle room on this deal?

    MSRP $58,245
    Sales Price $52,900
    10k miles/year
    36 months
    .00136 and 64%

    Due at Drive off
    First Payment: $489.00
    + Security: $0.00
    + Cap Red: $2,921.00
    + Tax on Cap Red: $215.42
    + Upfront Sales Tax: $1,298.30
    + Acquisition Fee: $925.00
    + DMV Fees: $290.00
    + Tire Fee: $12.50
    + Insp Fee: $10.00
    + Doc Fee: $75.00
    + Other Fees: $0.00
    + Tax on Fees: $73.75
    = Cash on Delivery: $6,309.97
    I'd save the $2921 cap reduction and the associated taxes on same. Your payment would go to $557/mo but your cash out of pocket drops to $3173. That cap reduction cash would be lost if the car is stolen or totaled.

    Alternatively, you can use some of it to make multiple security deposits, which would lower the MF. That money you get back at the end of the lease.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • country_mousecountry_mouse Member Posts: 7


    I'd save the $2921 cap reduction and the associated taxes on same. Your payment would go to $557/mo but your cash out of pocket drops to $3173. That cap reduction cash would be lost if the car is stolen or totaled.

    Alternatively, you can use some of it to make multiple security deposits, which would lower the MF. That money you get back at the end of the lease.

    Michael,

    Are MSDs allowed in NY? I will research but thought I read they were not allowed?

    Thanks again.
  • MichaellMichaell Moderator Posts: 254,130

    I'd save the $2921 cap reduction and the associated taxes on same. Your payment would go to $557/mo but your cash out of pocket drops to $3173. That cap reduction cash would be lost if the car is stolen or totaled.

    Alternatively, you can use some of it to make multiple security deposits, which would lower the MF. That money you get back at the end of the lease.

    Michael,

    Are MSDs allowed in NY? I will research but thought I read they were not allowed?

    Thanks again.

    Ugh ... you are correct. Any chance you can get a similar deal from a dealer in either NJ or CT?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • country_mousecountry_mouse Member Posts: 7
    It's a specific car and color. My guess is the price would increase if I ordered or went elsewhere. I could put one deposit down legally and save .00007 .... what would that save me?
  • MichaellMichaell Moderator Posts: 254,130

    It's a specific car and color. My guess is the price would increase if I ordered or went elsewhere. I could put one deposit down legally and save .00007 .... what would that save me?

    Not a lot - maybe $5-7/mo.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • wheelson1wheelson1 Member Posts: 13
    Hi question about an option. Very confused by the bmw website.
    If i wanted blind spot detection (that lil red triangle that shows up on mirror when there is a car there) Do i need the Driver assistance plus pkge (1,700) or would i need the driver assistance plus pkg and the ACC stop and go (1700+1,200).
    I know i will also need navi and the driver assistance pkg as well.
    Thanks
  • MichaellMichaell Moderator Posts: 254,130
    wheelson1 said:

    Hi question about an option. Very confused by the bmw website.
    If i wanted blind spot detection (that lil red triangle that shows up on mirror when there is a car there) Do i need the Driver assistance plus pkge (1,700) or would i need the driver assistance plus pkg and the ACC stop and go (1700+1,200).
    I know i will also need navi and the driver assistance pkg as well.
    Thanks

    We don't have any information on option packages for BMW ... suggest you use the "make / model / year" pull downs at the top of the page to link to the Edmunds price tools. There might be some better organized information there.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • euphony010euphony010 Member Posts: 25
    What is the maximum number/amount of MSDs you can use in Virginia? What is the associated discounted MF?
  • MichaellMichaell Moderator Posts: 254,130

    What is the maximum number/amount of MSDs you can use in Virginia? What is the associated discounted MF?

    For BMW, max 7 MSDs, each of which reduce the MF .00007 (.00049 reduction total).

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • euphony010euphony010 Member Posts: 25
    Michaell said:
    What is the maximum number/amount of MSDs you can use in Virginia? What is the associated discounted MF?
    For BMW, max 7 MSDs, each of which reduce the MF .00007 (.00049 reduction total).
    Thanks! How much is a security deposit? $500?
  • MichaellMichaell Moderator Posts: 254,130


    Michaell said:

    What is the maximum number/amount of MSDs you can use in Virginia? What is the associated discounted MF?

    For BMW, max 7 MSDs, each of which reduce the MF .00007 (.00049 reduction total).

    Thanks! How much is a security deposit? $500?

    Each security deposit is the monthly payment, rounded up to the next $50

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • wheelson1wheelson1 Member Posts: 13
    Michaell said:

    wheelson1 said:

    Can any comment on this lease deal?
    MSRP 51,645
    Sale price 45,100
    MF .00137
    residual 64%
    $499 taxes NY included

    How much is due at signing?

    What is the adjusted cap cost, assuming you are rolling in the taxes into the lease?

    And, what is the tax rate?
    only 1st month payment due at signing.
    adjust cap cost is 48,667
    believe NY tax rate is 8.5% for leases
  • MichaellMichaell Moderator Posts: 254,130
    wheelson1 said:

    Michaell said:

    wheelson1 said:

    Can any comment on this lease deal?
    MSRP 51,645
    Sale price 45,100
    MF .00137
    residual 64%
    $499 taxes NY included

    How much is due at signing?

    What is the adjusted cap cost, assuming you are rolling in the taxes into the lease?

    And, what is the tax rate?
    only 1st month payment due at signing.
    adjust cap cost is 48,667
    believe NY tax rate is 8.5% for leases
    Hmm, if the cap cost includes your taxes, I get $545/mo.

    Therefore, the $499/mo looks pretty solid, if only the first payment is due at signing.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • wheelson1wheelson1 Member Posts: 13
    Sorry let's start over here as i ran over what seems like a million quotes

    This is what dealer quoted me initially
    MSRP 53,345
    sale price 46,645
    MF .00137 residual 64%

    $519 includes roughly 8.5% tax with 2,378.76 due at signing.
    2,378 is
    1st month 519
    doc fee 399
    bank fee 925
    estimated dmv 329
    tax 206

    I then asked dealer to run a quote with everything rolled into lease and 7MSDs and comes back with:
    MSRP 53,345
    sale price 46,645
    adjust cap cost 48,667

    With these numbers I calc dep at 403 and interest at 72 for gross payment of 476
    Net roughly 8.5% NY tax and I get a net payment of 517

    Dealer quotes me at dep at 474 and interest at 74 for a net payment of 549

    I think my calculations are correct, but just need someone to confirm.

    My other question is when I roll fees into lease payments, do i just take my sale price and add doc, bank, tax on bank fees and doc fees into the adjusted cap cost (ie 46,645+399+925+206 = 48,175) Only reason I ask is that her adjusted cap cost is 48,667 for a difference of 492 (48,667-48,175). Estimated DMV fees can't be rolled into lease correct?
    TIA
  • MichaellMichaell Moderator Posts: 254,130
    wheelson1 said:

    Sorry let's start over here as i ran over what seems like a million quotes

    This is what dealer quoted me initially
    MSRP 53,345
    sale price 46,645
    MF .00137 residual 64%

    $519 includes roughly 8.5% tax with 2,378.76 due at signing.
    2,378 is
    1st month 519
    doc fee 399
    bank fee 925
    estimated dmv 329
    tax 206

    I then asked dealer to run a quote with everything rolled into lease and 7MSDs and comes back with:
    MSRP 53,345
    sale price 46,645
    adjust cap cost 48,667

    With these numbers I calc dep at 403 and interest at 72 for gross payment of 476
    Net roughly 8.5% NY tax and I get a net payment of 517

    Dealer quotes me at dep at 474 and interest at 74 for a net payment of 549

    I think my calculations are correct, but just need someone to confirm.

    My other question is when I roll fees into lease payments, do i just take my sale price and add doc, bank, tax on bank fees and doc fees into the adjusted cap cost (ie 46,645+399+925+206 = 48,175) Only reason I ask is that her adjusted cap cost is 48,667 for a difference of 492 (48,667-48,175). Estimated DMV fees can't be rolled into lease correct?
    TIA

    A few thoughts.

    First, you cannot do MSD in NY. Is this a dealer in NJ or CT?

    Second, NY taxes the sum of the payments and collects the money up front. You can choose to pay the money up front at lease signing or add it to the cap cost.

    Using the $53,345 MSRP and $48,667 cap cost, I get a payment of $516/mo. 64% and .00136 MF

    If MSDs are in play, the MF drops to .00087 and the payment to $476/mo

    Does the cap cost include tax or not?

    And, have the dealer explain exactly how they arrived at their cap cost number.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • wheelson1wheelson1 Member Posts: 13
    Michaell said:

    wheelson1 said:

    Sorry let's start over here as i ran over what seems like a million quotes

    This is what dealer quoted me initially
    MSRP 53,345
    sale price 46,645
    MF .00137 residual 64%

    $519 includes roughly 8.5% tax with 2,378.76 due at signing.
    2,378 is
    1st month 519
    doc fee 399
    bank fee 925
    estimated dmv 329
    tax 206

    I then asked dealer to run a quote with everything rolled into lease and 7MSDs and comes back with:
    MSRP 53,345
    sale price 46,645
    adjust cap cost 48,667

    With these numbers I calc dep at 403 and interest at 72 for gross payment of 476
    Net roughly 8.5% NY tax and I get a net payment of 517

    Dealer quotes me at dep at 474 and interest at 74 for a net payment of 549

    I think my calculations are correct, but just need someone to confirm.

    My other question is when I roll fees into lease payments, do i just take my sale price and add doc, bank, tax on bank fees and doc fees into the adjusted cap cost (ie 46,645+399+925+206 = 48,175) Only reason I ask is that her adjusted cap cost is 48,667 for a difference of 492 (48,667-48,175). Estimated DMV fees can't be rolled into lease correct?
    TIA

    A few thoughts.

    First, you cannot do MSD in NY. Is this a dealer in NJ or CT?

    Second, NY taxes the sum of the payments and collects the money up front. You can choose to pay the money up front at lease signing or add it to the cap cost.

    Using the $53,345 MSRP and $48,667 cap cost, I get a payment of $516/mo. 64% and .00136 MF

    If MSDs are in play, the MF drops to .00087 and the payment to $476/mo

    Does the cap cost include tax or not?

    And, have the dealer explain exactly how they arrived at their cap cost number.
    Dealer is in NJ.
    Correct me if I'm wrong but depreciation is calc as ((adjusted cap cost - (MSRP*residual %)
    Using her monthly depreciation number of 474, total depreciation is 474*36 = 17,064. Residual value at 34,140. That means she is using an adjusted cap cost of 51,204 correct? Which is different then the cap cost quoted at 48,667
  • kyfdxkyfdx Moderator Posts: 255,905
    wheelson1 said:

    Michaell said:

    wheelson1 said:

    Sorry let's start over here as i ran over what seems like a million quotes

    This is what dealer quoted me initially
    MSRP 53,345
    sale price 46,645
    MF .00137 residual 64%

    $519 includes roughly 8.5% tax with 2,378.76 due at signing.
    2,378 is
    1st month 519
    doc fee 399
    bank fee 925
    estimated dmv 329
    tax 206

    I then asked dealer to run a quote with everything rolled into lease and 7MSDs and comes back with:
    MSRP 53,345
    sale price 46,645
    adjust cap cost 48,667

    With these numbers I calc dep at 403 and interest at 72 for gross payment of 476
    Net roughly 8.5% NY tax and I get a net payment of 517

    Dealer quotes me at dep at 474 and interest at 74 for a net payment of 549

    I think my calculations are correct, but just need someone to confirm.

    My other question is when I roll fees into lease payments, do i just take my sale price and add doc, bank, tax on bank fees and doc fees into the adjusted cap cost (ie 46,645+399+925+206 = 48,175) Only reason I ask is that her adjusted cap cost is 48,667 for a difference of 492 (48,667-48,175). Estimated DMV fees can't be rolled into lease correct?
    TIA

    A few thoughts.

    First, you cannot do MSD in NY. Is this a dealer in NJ or CT?

    Second, NY taxes the sum of the payments and collects the money up front. You can choose to pay the money up front at lease signing or add it to the cap cost.

    Using the $53,345 MSRP and $48,667 cap cost, I get a payment of $516/mo. 64% and .00136 MF

    If MSDs are in play, the MF drops to .00087 and the payment to $476/mo

    Does the cap cost include tax or not?

    And, have the dealer explain exactly how they arrived at their cap cost number.
    Dealer is in NJ.
    Correct me if I'm wrong but depreciation is calc as ((adjusted cap cost - (MSRP*residual %)
    Using her monthly depreciation number of 474, total depreciation is 474*36 = 17,064. Residual value at 34,140. That means she is using an adjusted cap cost of 51,204 correct? Which is different then the cap cost quoted at 48,667
    Her monthly depreciation and interest numbers are just wrong, and don't match the rest of the quote. So, you can't use those to match up to the rest of it.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • spidpooyspidpooy Member Posts: 182
    wheelson1 said:
    Hi question about an option. Very confused by the bmw website. If i wanted blind spot detection (that lil red triangle that shows up on mirror when there is a car there) Do i need the Driver assistance plus pkge (1,700) or would i need the driver assistance plus pkg and the ACC stop and go (1700+1,200). I know i will also need navi and the driver assistance pkg as well. Thanks
    I think Driver assistance Plus only. The ACC adds front end radar system. 
  • chowfangchowfang Member Posts: 3
    Can anyone help to get money factor and residual for x3 in Minnesota? Also, any offer or rebate for this month? Thanks.
  • chowfangchowfang Member Posts: 3
    The website gives "Lease financing available on new 2016 BMW X3 xDrive28i from participating BMW centers on leases assigned to BMW Financial Services through October 31, 2016. Monthly lease payments of $409.00 for 36 months based on MSRP of $41,945.00. $4,334.00 cash due at signing is based on $3,000.00 down payment, $409.00 first month payment, $925.00 acquisition fee, and $0.00 security deposit (not all customers will qualify for security deposit waiver). Tax, title, license, registration and dealer fees are additional fees due at signing." It seems to me it gives 64% residue and 0.00111 MF without MSD. Is that right? This is for 3yr/10k.
  • chowfangchowfang Member Posts: 3
    Refine my question to what's the MF and residue for X3 xDrive in Minnesota for 3yr/12k lease? Thanks.
  • MichaellMichaell Moderator Posts: 254,130
    chowfang said:

    Refine my question to what's the MF and residue for X3 xDrive in Minnesota for 3yr/12k lease? Thanks.

    .00136 and 63%. $1000 option allowance.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • bmkjbmkj Member Posts: 23
    Can you tell me what the changes are for the X3 Xdrive28i lease program and incentives for November?
    Specifically looking at 36mo 10K which was 64% residual, .00136MF and $1,000 option credit in October.

    Thank You
  • MichaellMichaell Moderator Posts: 254,130
    bmkj said:

    Can you tell me what the changes are for the X3 Xdrive28i lease program and incentives for November?
    Specifically looking at 36mo 10K which was 64% residual, .00136MF and $1,000 option credit in October.

    Thank You

    .00134 and 64%. No option credit this month.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • bmkjbmkj Member Posts: 23
    So all else equal, the X3 got lease got $27 more expensive in November due to the lack of incentives?
    Do dealers have any other way to make that up or are they resigned to possibly lower sales due to lack of incentives?

  • kyfdxkyfdx Moderator Posts: 255,905
    bmkj said:

    So all else equal, the X3 got lease got $27 more expensive in November due to the lack of incentives?
    Do dealers have any other way to make that up or are they resigned to possibly lower sales due to lack of incentives?

    Don't see any other incentives. They must have had a good month in October.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • exp2024exp2024 Member Posts: 13
    what's the residual and money factor for x3 3.5 36/10k
Sign In or Register to comment.