2017 BMW X3 Lease Deals and Prices

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Comments

  • autozipautozip Member Posts: 10
    So that makes it a good number to go forward with if i had to right?
    Michaell said:

    autozip said:

    My bad i gave you the residual value...selling price is around 43k

    Michaell said:

    autozip said:

    Hi Michael not sure what you mean by ' 17,000 off of sticker price' - where did that number come from? So are these numbers looking good or bad?

    Michaell said:

    autozip said:

    Selling price is 30k, 3 yr 10k is lease.

    Michaell said:

    autozip said:

    Is this a fair price for 2017 x3 drive 28i ?

    lease @ 359 /month
    deposit 2450
    tax, regirstration, first month, acquisition fee etc... 3K
    it has moonroof, heated front seats, nav, driver assistance package, premium package.
    MSRP 46,900, 3K of credits to bring down the MSRP.

    Please advise! This is an amazing forum with lot of insights!!! thank you in advance.

    What is the selling price?

    What lease term and how many miles per year?
    .00134 and 64% for 36/10.

    How are you getting $17,000 off the sticker price?
    I asked you for the selling price and you responded $30k.
    I get $423/mo plus tax with those prices, assuming the MF was reduced to .00085.
  • MichaellMichaell Moderator Posts: 254,205
    autozip said:

    So that makes it a good number to go forward with if i had to right?

    Michaell said:

    autozip said:

    My bad i gave you the residual value...selling price is around 43k

    Michaell said:

    autozip said:

    Hi Michael not sure what you mean by ' 17,000 off of sticker price' - where did that number come from? So are these numbers looking good or bad?

    Michaell said:

    autozip said:

    Selling price is 30k, 3 yr 10k is lease.

    Michaell said:

    autozip said:

    Is this a fair price for 2017 x3 drive 28i ?

    lease @ 359 /month
    deposit 2450
    tax, regirstration, first month, acquisition fee etc... 3K
    it has moonroof, heated front seats, nav, driver assistance package, premium package.
    MSRP 46,900, 3K of credits to bring down the MSRP.

    Please advise! This is an amazing forum with lot of insights!!! thank you in advance.

    What is the selling price?

    What lease term and how many miles per year?
    .00134 and 64% for 36/10.

    How are you getting $17,000 off the sticker price?
    I asked you for the selling price and you responded $30k.
    I get $423/mo plus tax with those prices, assuming the MF was reduced to .00085.
    Yes.

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  • autozipautozip Member Posts: 10
    Thanks Michaell
    Michaell said:

    autozip said:

    So that makes it a good number to go forward with if i had to right?

    Michaell said:

    autozip said:

    My bad i gave you the residual value...selling price is around 43k

    Michaell said:

    autozip said:

    Hi Michael not sure what you mean by ' 17,000 off of sticker price' - where did that number come from? So are these numbers looking good or bad?

    Michaell said:

    autozip said:

    Selling price is 30k, 3 yr 10k is lease.

    Michaell said:

    autozip said:

    Is this a fair price for 2017 x3 drive 28i ?

    lease @ 359 /month
    deposit 2450
    tax, regirstration, first month, acquisition fee etc... 3K
    it has moonroof, heated front seats, nav, driver assistance package, premium package.
    MSRP 46,900, 3K of credits to bring down the MSRP.

    Please advise! This is an amazing forum with lot of insights!!! thank you in advance.

    What is the selling price?

    What lease term and how many miles per year?
    .00134 and 64% for 36/10.

    How are you getting $17,000 off the sticker price?
    I asked you for the selling price and you responded $30k.
    I get $423/mo plus tax with those prices, assuming the MF was reduced to .00085.
    Yes.
  • vkeeneyvkeeney Member Posts: 24
    edited November 2016

    I've been trying to work with the dealership that both my husband and I have leased from for many years, but we are becoming increasingly frustrated - I'm hoping this group can help us. I've posted the quote they gave me for a 2017 x3 x28i - they keep sending the exact same numbers - the first time saying the money factor was .00169, now they say its .00134 but the results are the same. Their calculations say we have to put down $2500 for a %561 payment, when I calculate I get a slightly higher payment, but with NO money down. I need to know what are they doing with the numbers so I can come back to them with a knowledgeable rebuttal.
  • gouthamkgouthamk Member Posts: 26
    Hi, I have booked a bmw sdrive 2017 for a lease with following numbers.
    MSRP: 51,645
    Discount: 3,100
    Rebate:2,000

    Cap cost: 46,545
    acquisition fee : 925
    dealer(doc) fee: 598
    DMV : 80
    Tax : 95
    Total price : 48,243

    My final quote says the Final Selling price is 48,499 ( I couldn't understand the 250$ difference)if I am missing
    anything here.

    Residual : 63%
    Money factor : .00114 (fleet MF, otherwise it is .00134)
    After 7 MSDs it : .00065

    First down payment: 2000$ (includes first month payment) + 3500(7 MSDs)
    Monthly : 460.68$
    Monthly(without MSD) : 506$

    This is North carolina State, Sales tax is 3%
    Please tell me

    Are the numbers for monthly payment correct?
    Is this a good deal?
    How do i calculate the exact rates?

  • MichaellMichaell Moderator Posts: 254,205
    vkeeney said:


    I've been trying to work with the dealership that both my husband and I have leased from for many years, but we are becoming increasingly frustrated - I'm hoping this group can help us. I've posted the quote they gave me for a 2017 x3 x28i - they keep sending the exact same numbers - the first time saying the money factor was .00169, now they say its .00134 but the results are the same. Their calculations say we have to put down $2500 for a %561 payment, when I calculate I get a slightly higher payment, but with NO money down. I need to know what are they doing with the numbers so I can come back to them with a knowledgeable rebuttal.

    Remind us what state this is? Most states don't tax the entire selling price, which is what the paperwork shows.

    Next, 36 months is the best term, so ignore everything else.

    Then, I don't see the acquisition fee of $925 mentioned anywhere.

    If I subtract the tax amount from the "Balance" amount, and use the base MF of .00134 and 64% residual for 36/10, I get $505/mo plus tax, with $0 cap reduction.

    Ask the dealer for the "adjusted cap cost", and how they get that number from the "total purchase" price.

    This has gotta be an AutoNation dealer - I'm starting to recognize the form they use for lease quotes. Very misleading.

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  • MichaellMichaell Moderator Posts: 254,205
    gouthamk said:

    Hi, I have booked a bmw sdrive 2017 for a lease with following numbers.
    MSRP: 51,645
    Discount: 3,100
    Rebate:2,000

    Cap cost: 46,545
    acquisition fee : 925
    dealer(doc) fee: 598
    DMV : 80
    Tax : 95
    Total price : 48,243

    My final quote says the Final Selling price is 48,499 ( I couldn't understand the 250$ difference)if I am missing
    anything here.

    Residual : 63%
    Money factor : .00114 (fleet MF, otherwise it is .00134)
    After 7 MSDs it : .00065

    First down payment: 2000$ (includes first month payment) + 3500(7 MSDs)
    Monthly : 460.68$
    Monthly(without MSD) : 506$

    This is North carolina State, Sales tax is 3%
    Please tell me

    Are the numbers for monthly payment correct?
    Is this a good deal?
    How do i calculate the exact rates?

    What does the $2000 cover?

    Using your numbers, as is, I get $496/mo before tax.

    Confirm the adjusted cap cost with the dealer, and make sure you understand how they arrived at that number.

    Use this link to build your own lease calculator:

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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


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  • vkeeneyvkeeney Member Posts: 24
    edited November 2016
    Thank you for responding - I really appreciate and need your feedback to make any sense of this!! My answers below with ** before them:

    In answer to your questions:
    Remind us what state this is? **Maryland. The taxes are correct, I went to the MD website and figured it out so its accurate, and its due for full value of car.

    Next, 36 months is the best term, so ignore everything else. **I intend to lease for 36 months.

    Then, I don't see the acquisition fee of $925 mentioned anywhere. **It is incorporated into the $53,170 number from the vehicle locator sheet they sent me (no vin - won't give it to us)

    If I subtract the tax amount from the "Balance" amount, and use the base MF of .00134 and 64% residual for 36/10, I get $505/mo plus tax, with $0 cap reduction. **I got the same number using your residual and MF - so I'm understanding this process a little better :smile: !! Is it possible to pay the taxes over the life of the lease - roll the $2933.95 into the lease payment?

    Ask the dealer for the "adjusted cap cost", and how they get that number from the "total purchase" price. ** That is exactly what I need to ask them - thank you! I have been trying to figure out what information I need that they are not providing us...I will ask tomorrow - I have a feeling it will enlighten us - is something 'not quite right' with their numbers?

    This has gotta be an AutoNation dealer - I'm starting to recognize the form they use for lease quotes. Very misleading. ** they also keep telling me that if I bring in my current lease they can determine if they can use it as a trade in to get a credit toward a part of the taxes I owe on this lease - not sure how that works??
  • MichaellMichaell Moderator Posts: 254,205
    vkeeney said:

    Thank you for responding - I really appreciate and need your feedback to make any sense of this!! My answers below with ** before them:

    In answer to your questions:
    Remind us what state this is? **Maryland. The taxes are correct, I went to the MD website and figured it out so its accurate, and its due for full value of car.

    Next, 36 months is the best term, so ignore everything else. **I intend to lease for 36 months.

    Then, I don't see the acquisition fee of $925 mentioned anywhere. **It is incorporated into the $53,170 number from the vehicle locator sheet they sent me (no vin - won't give it to us)

    If I subtract the tax amount from the "Balance" amount, and use the base MF of .00134 and 64% residual for 36/10, I get $505/mo plus tax, with $0 cap reduction. **I got the same number using your residual and MF - so I'm understanding this process a little better :smile: !! Is it possible to pay the taxes over the life of the lease - roll the $2933.95 into the lease payment?

    Ask the dealer for the "adjusted cap cost", and how they get that number from the "total purchase" price. ** That is exactly what I need to ask them - thank you! I have been trying to figure out what information I need that they are not providing us...I will ask tomorrow - I have a feeling it will enlighten us - is something 'not quite right' with their numbers?

    This has gotta be an AutoNation dealer - I'm starting to recognize the form they use for lease quotes. Very misleading. ** they also keep telling me that if I bring in my current lease they can determine if they can use it as a trade in to get a credit toward a part of the taxes I owe on this lease - not sure how that works??

    That's right - MD is one of those states that taxes the entire selling price (boo!).

    Yes, you can add the tax obligation to the cap cost and increase the monthly payment. In fact, that's our preference - if the car is stolen or totaled before the lease is up, you think the state of Maryland will refund you the taxes you paid up front when you signed the contract?

    (my guess is no)

    If I add back the sales tax, the payment is $590/mo. Getting the adjusted cap cost should expose the $45/mo delta to the dealer quote (about $1600 total).

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  • kyfdxkyfdx Moderator Posts: 256,073
    @vkeeney

    "Then, I don't see the acquisition fee of $925 mentioned anywhere. **It is incorporated into the $53,170 number from the vehicle locator sheet they sent me (no vin - won't give it to us)"

    $53,170 is the MSRP. The acquisition fee isn't in that number.
    The $925 will be in the adjusted CAP cost, though.

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  • vkeeneyvkeeney Member Posts: 24
    Is the acquisition fee the same as the destination charge? On the vehicle locator printout it shows a net total of $52,175 and a total suggested price of $53,170 - a difference of $995. I thought that was the fee referenced in one of the answers.
  • MichaellMichaell Moderator Posts: 254,205
    vkeeney said:

    Is the acquisition fee the same as the destination charge? On the vehicle locator printout it shows a net total of $52,175 and a total suggested price of $53,170 - a difference of $995. I thought that was the fee referenced in one of the answers.

    Different fees.

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  • kyfdxkyfdx Moderator Posts: 256,073
    edited November 2016
    vkeeney said:

    Is the acquisition fee the same as the destination charge? On the vehicle locator printout it shows a net total of $52,175 and a total suggested price of $53,170 - a difference of $995. I thought that was the fee referenced in one of the answers.

    That's destination. Always use the total MSRP to calculate the residual. ($53,170, in this case).

    The acquisition fee is a lease-specific fee that goes to the bank.

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  • vkeeneyvkeeney Member Posts: 24
    The dealership actually sent the numbers as I requested - please tell me the good and the bad of what you see. THANK YOU!!


  • MichaellMichaell Moderator Posts: 254,205
    vkeeney said:

    The dealership actually sent the numbers as I requested - please tell me the good and the bad of what you see. THANK YOU!!


    I get the same payment ... when the MF is marked up to .00154.

    That is costing you about $17/mo, over the base MF of .00134

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  • vkeeneyvkeeney Member Posts: 24
    Does everything else look correct - before these pages were posted you had said "If I add back the sales tax, the payment is $590/mo. Getting the adjusted cap cost should expose the $45/mo delta to the dealer quote (about $1600 total)." Now that we have all the numbers, is this still the case?
  • gouthamkgouthamk Member Posts: 26
    Michaell said:

    gouthamk said:

    Hi, I have booked a bmw sdrive 2017 for a lease with following numbers.
    MSRP: 51,645
    Discount: 3,100
    Rebate:2,000

    Cap cost: 46,545
    acquisition fee : 925
    dealer(doc) fee: 598
    DMV : 80
    Tax : 95
    Total price : 48,243

    My final quote says the Final Selling price is 48,499 ( I couldn't understand the 250$ difference)if I am missing
    anything here.

    Residual : 63%
    Money factor : .00114 (fleet MF, otherwise it is .00134)
    After 7 MSDs it : .00065

    First down payment: 2000$ (includes first month payment) + 3500(7 MSDs)
    Monthly (now) : 460.68$
    Monthly(without MSD) : 506$

    This is North carolina State, Sales tax is 3%
    Please tell me

    Are the numbers for monthly payment correct?
    Is this a good deal?
    How do i calculate the exact rates?

    What does the $2000 cover? ((1000$ for fleet discount, 1000$ for Recent college graduate))
    Using your numbers, as is, I get $496/mo before tax.(( you mean, you are getting more than what the dealer is offering? i am getting 460 per month, you say 496. when i calculated i am getting 449$ per month)
    this is what i got in edmunds calculator.please see the attachment.



    Confirm the adjusted cap cost with the dealer, and make sure you understand how they arrived at that number.

    Use this link to build your own lease calculator:

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
  • MichaellMichaell Moderator Posts: 254,205
    vkeeney said:

    Does everything else look correct - before these pages were posted you had said "If I add back the sales tax, the payment is $590/mo. Getting the adjusted cap cost should expose the $45/mo delta to the dealer quote (about $1600 total)." Now that we have all the numbers, is this still the case?

    I agree with the prices and payment, but I had to bump the MF to .00154 to get the $561/mo payment in the quote.

    So, nothing hidden in the price, just the MF bump is costing you a bit extra each month.

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  • MichaellMichaell Moderator Posts: 254,205
    gouthamk said:

    Michaell said:

    gouthamk said:

    Hi, I have booked a bmw sdrive 2017 for a lease with following numbers.
    MSRP: 51,645
    Discount: 3,100
    Rebate:2,000

    Cap cost: 46,545
    acquisition fee : 925
    dealer(doc) fee: 598
    DMV : 80
    Tax : 95
    Total price : 48,243

    My final quote says the Final Selling price is 48,499 ( I couldn't understand the 250$ difference)if I am missing
    anything here.

    Residual : 63%
    Money factor : .00114 (fleet MF, otherwise it is .00134)
    After 7 MSDs it : .00065

    First down payment: 2000$ (includes first month payment) + 3500(7 MSDs)
    Monthly (now) : 460.68$
    Monthly(without MSD) : 506$

    This is North carolina State, Sales tax is 3%
    Please tell me

    Are the numbers for monthly payment correct?
    Is this a good deal?
    How do i calculate the exact rates?

    What does the $2000 cover? ((1000$ for fleet discount, 1000$ for Recent college graduate))
    Using your numbers, as is, I get $496/mo before tax.(( you mean, you are getting more than what the dealer is offering? i am getting 460 per month, you say 496. when i calculated i am getting 449$ per month)
    this is what i got in edmunds calculator.please see the attachment.



    Confirm the adjusted cap cost with the dealer, and make sure you understand how they arrived at that number.

    Use this link to build your own lease calculator:

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
    I don't trust any on-line calculator (even Edmunds!) - they often make assumptions we have no control over.

    This is why we suggest you build your own spreadsheet.

    And, my question isn't where it comes from, but what fees does it cover.

    Yes, my calculated payment is higher than the dealer quote.

    The math is the math - it's all about getting the same numbers the dealer is using. Often, they hide something.

    Yes, it's rare for my calculations to come out higher than the dealer quote - but that sometimes means there is money down that we don't recommend.

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  • vkeeneyvkeeney Member Posts: 24
    I checked their numbers and from what I can tell they are charging me over 5.4% interest - please correct me if i am wrong!? Rent charge=net cap cost ($49589.14) + residual ($34028.8) x mf (.00134/3.2%) is $2675.77. The figure on their paperwork is $4635.66. Am I doing something wrong or are they overcharging the interest?
  • MichaellMichaell Moderator Posts: 254,205
    edited November 2016
    vkeeney said:

    I checked their numbers and from what I can tell they are charging me over 5.4% interest - please correct me if i am wrong!? Rent charge=net cap cost ($49589.14) + residual ($34028.8) x mf (.00134/3.2%) is $2675.77. The figure on their paperwork is $4635.66. Am I doing something wrong or are they overcharging the interest?

    You add the cap cost and residual value together first, then multiply by the MF to get the *monthly* rent charge, which I show as $112.05/mo, or about $4034 for the lease term.

    EDIT - my calculation is for the base MF of .00134, their $4635 number is for the inflated MF of .00154.

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  • zpactfc8zpactfc8 Member Posts: 2
    Hi, all, what's the Residual Value if I only want to lease the X3 for 8000 per year. Dont really drive that much to work.
  • gouthamkgouthamk Member Posts: 26
    edited November 2016
    I am trying to do a lease for 15000 miles/per year 36 months. Please tell the money factor and residual value for november
  • kyfdxkyfdx Moderator Posts: 256,073
    vkeeney said:

    I checked their numbers and from what I can tell they are charging me over 5.4% interest - please correct me if i am wrong!? Rent charge=net cap cost ($49589.14) + residual ($34028.8) x mf (.00134/3.2%) is $2675.77. The figure on their paperwork is $4635.66. Am I doing something wrong or are they overcharging the interest?

    Your math is wrong

    ($49589 + 34028) = $83617
    $83617 X .00134 = $112.05 per month
    $112.05 X 36 mo = $4033.80

    Substitute .00154 for .00134, and the rent charge agrees with their number.

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  • MichaellMichaell Moderator Posts: 254,205
    zpactfc8 said:

    Hi, all, what's the Residual Value if I only want to lease the X3 for 8000 per year. Dont really drive that much to work.

    Lowest mileage allowance from BMW is 10,000 miles per year.

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  • MichaellMichaell Moderator Posts: 254,205
    gouthamk said:

    I am trying to do a lease for 15000 miles/per year 36 months. Please tell the money factor and residual value for november

    .00134 and 61%

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  • gouthamkgouthamk Member Posts: 26
    Are MSD taxable . Does sales tax apply on MSD s too?
  • gouthamkgouthamk Member Posts: 26
    Is the BMW ultimate care+ a good/ necessary option for 2017 x3
  • zpactfc8zpactfc8 Member Posts: 2
    edited November 2016
    I am in North CA, bayarea. Here is the X3 lease details from dealer, it is a little bit different from what I calculate. Please take a look. Especially the MSD part, which is 4200 from dealer, but 3500 from calculator.

    BTW, I dont think it is a very good deal, since there is $1500 incentives from corporate and $1000 from blackfriday lease incentive. With that been said, I expect at least 14% off MSRP instead of 11.4% off

    Monthly Payment (Excl. Tax): $430
    Monthly Payment (incl. tax): $468
    Drive Off: $5,476
    First month's payment incl. tax: $468
    Down payment: $0
    Total MSD payment: $3,500
    Registration and doc fee: $492
    Tax on cap cost reduction and fees: $91
    Acquisition fee: $925
    Leasehackr Score: 10.3 years
    Disposition Fee: $350
    Total Lease Cost: $18,313

  • kyfdxkyfdx Moderator Posts: 256,073
    gouthamk said:

    Are MSD taxable . Does sales tax apply on MSD s too?

    No, security deposits are not taxable.

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  • kyfdxkyfdx Moderator Posts: 256,073
    gouthamk said:

    Is the BMW ultimate care+ a good/ necessary option for 2017 x3

    Not sure what that is, but if they are selling it to you in the F&I office, you probably don't want it.

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  • kyfdxkyfdx Moderator Posts: 256,073
    zpactfc8 said:

    I am in North CA, bayarea. Here is the X3 lease details from dealer, it is a little bit different from what I calculate. Please take a look. Especially the MSD part, which is 4200 from dealer, but 3500 from calculator.

    BTW, I dont think it is a very good deal, since there is $1500 incentives from corporate and $1000 from blackfriday lease incentive. With that been said, I expect at least 14% off MSRP instead of 11.4% off

    Monthly Payment (Excl. Tax): $430
    Monthly Payment (incl. tax): $468
    Drive Off: $5,476
    First month's payment incl. tax: $468
    Down payment: $0
    Total MSD payment: $3,500
    Registration and doc fee: $492
    Tax on cap cost reduction and fees: $91
    Acquisition fee: $925
    Leasehackr Score: 10.3 years
    Disposition Fee: $350
    Total Lease Cost: $18,313

    I don't have the incentive information that you do. But, if there are indeed $2500 in incentives, you are still 6.75% off MSRP, before applying them. That seems like a good deal to me.

    Your leasehackr inputs are wrong. You show the acquisition fee being paid upfront in that example, but the screenshot from the dealer has the acquisition fee added into the lease payment. (which likely accounts for most of the variance in payment)

    I agree... .MSDs should be 7 X $500 = $3500.

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  • sda1982sda1982 Member Posts: 3
    Getting ahead of the curve :) ..what's the MF/Residual/Incentives for December on the 35i xDrive 36/10k. Just curious since mine is in but i haven't signed the paperwork yet if December is going to be a better deal. And btw i ordered mine on November 10 and it arrived yesterday. Quite unbelievable how quickly a car can be built and shipped across the country.
  • kyfdxkyfdx Moderator Posts: 256,073
    sda1982 said:

    Getting ahead of the curve :) ..what's the MF/Residual/Incentives for December on the 35i xDrive 36/10k. Just curious since mine is in but i haven't signed the paperwork yet if December is going to be a better deal. And btw i ordered mine on November 10 and it arrived yesterday. Quite unbelievable how quickly a car can be built and shipped across the country.

    .00134 MF and 64% residual (same as November)

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  • sda1982sda1982 Member Posts: 3
    kyfdx said:

    sda1982 said:

    Getting ahead of the curve :) ..what's the MF/Residual/Incentives for December on the 35i xDrive 36/10k. Just curious since mine is in but i haven't signed the paperwork yet if December is going to be a better deal. And btw i ordered mine on November 10 and it arrived yesterday. Quite unbelievable how quickly a car can be built and shipped across the country.

    .00134 MF and 64% residual (same as November)
    Thanks. Any additional incentives? I think right now I'm getting $1k but in October I believe there was an additional $1k for option credit.
  • MichaellMichaell Moderator Posts: 254,205
    sda1982 said:

    kyfdx said:

    sda1982 said:

    Getting ahead of the curve :) ..what's the MF/Residual/Incentives for December on the 35i xDrive 36/10k. Just curious since mine is in but i haven't signed the paperwork yet if December is going to be a better deal. And btw i ordered mine on November 10 and it arrived yesterday. Quite unbelievable how quickly a car can be built and shipped across the country.

    .00134 MF and 64% residual (same as November)
    Thanks. Any additional incentives? I think right now I'm getting $1k but in October I believe there was an additional $1k for option credit.
    We see no incentives for the 2017 X3.

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  • sda1982sda1982 Member Posts: 3
    Michaell said:

    sda1982 said:

    kyfdx said:

    sda1982 said:

    Getting ahead of the curve :) ..what's the MF/Residual/Incentives for December on the 35i xDrive 36/10k. Just curious since mine is in but i haven't signed the paperwork yet if December is going to be a better deal. And btw i ordered mine on November 10 and it arrived yesterday. Quite unbelievable how quickly a car can be built and shipped across the country.

    .00134 MF and 64% residual (same as November)
    Thanks. Any additional incentives? I think right now I'm getting $1k but in October I believe there was an additional $1k for option credit.
    We see no incentives for the 2017 X3.
    Thank you.
  • keitaroukeitarou Member Posts: 45
    Hi, what is the MF and residual for 2017 X3 xdrive 28i in NYC? Looking at 36 month 12k miles.
  • MichaellMichaell Moderator Posts: 254,205
    keitarou said:

    Hi, what is the MF and residual for 2017 X3 xdrive 28i in NYC? Looking at 36 month 12k miles.

    .00134 and 63%

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  • mshardmshard Member Posts: 10
    Can someone please provide the December lease numbers (MF AND RESIDUAL) for California. I would like to lease a BMW X3 xdrive 28i, 36 month,10,000.

    Thank you
  • MichaellMichaell Moderator Posts: 254,205
    mshard said:

    Can someone please provide the December lease numbers (MF AND RESIDUAL) for California. I would like to lease a BMW X3 xdrive 28i, 36 month,10,000.

    Thank you

    .00134 and 64%

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  • vkeeneyvkeeney Member Posts: 24
    I want to thank everyone that helped me obtain a GREAT new lease on a 2017 X3 - the knowlege I received from this website saved me well over $5,000! Long story short - I was working with a dealership that our family had leased over 5 cars from in the past and expected to get a 'good deal'. I met with the finance guy on November 29 and he would not budge from his proposed $2500 down +$560 first payment for a MSRP $53,000 X3. Frustrated, the next morning, 11/30 I called another local dealer. By 5pm they called me back and offered me a loaded 2017 X3, MSRP $56,720, NO money down, and they would make the last payment on my prior lease. All I had to pay was the first payment of $561. The two key factors to my great deal (IMO) were 1. the knowledge I gained from this discussion to know the first dealership was ripping me off; and 2. waiting until the last day of the month - perhaps the second dealership needed my sale to make their monthly numbers! I'm so glad I found this discussion - thank you!!
  • MichaellMichaell Moderator Posts: 254,205
    vkeeney said:

    I want to thank everyone that helped me obtain a GREAT new lease on a 2017 X3 - the knowlege I received from this website saved me well over $5,000! Long story short - I was working with a dealership that our family had leased over 5 cars from in the past and expected to get a 'good deal'. I met with the finance guy on November 29 and he would not budge from his proposed $2500 down +$560 first payment for a MSRP $53,000 X3. Frustrated, the next morning, 11/30 I called another local dealer. By 5pm they called me back and offered me a loaded 2017 X3, MSRP $56,720, NO money down, and they would make the last payment on my prior lease. All I had to pay was the first payment of $561. The two key factors to my great deal (IMO) were 1. the knowledge I gained from this discussion to know the first dealership was ripping me off; and 2. waiting until the last day of the month - perhaps the second dealership needed my sale to make their monthly numbers! I'm so glad I found this discussion - thank you!!

    Congrats!

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  • xdrive28ixdrive28i Member Posts: 5
    Dear all

    Here is the quote I got recently

    xDrive28i+Cold weather+Driver assistance plus+Premium+Navigation

    MSRP 50,500
    Selling price: 47500
    Residual: 32636
    Lease monthly: 543 Tax included(PA)
    No MSD, No Cap Reduction
    Acquisition Fee: 925+DMV 135+Doc Fee 135+Tax on Fee 83.25 = Total cash on delivery 1821.39
    Money Factor: .00114
    Term: 36 months/10K

    Please let me know, is this a good to go ?? any room for negotiation?
  • gouthamkgouthamk Member Posts: 26
    Hi, I am taking a x3 delivery soon. I decided to pay 7 MSDs of 500$ each. I would like to know a few things
    1)If i were to turn in the car much/before my lease term, what happens to my MSDs? Do i get them back?
    2)My dealer was telling me that, they would not charge me if i am little over my agreed miles for my lease term,(mine is 3yr/12000 miles) is that true/possible

    Please reply soon
  • kyfdxkyfdx Moderator Posts: 256,073
    xdrive28i said:

    Dear all

    Here is the quote I got recently

    xDrive28i+Cold weather+Driver assistance plus+Premium+Navigation

    MSRP 50,500
    Selling price: 47500
    Residual: 32636
    Lease monthly: 543 Tax included(PA)
    No MSD, No Cap Reduction
    Acquisition Fee: 925+DMV 135+Doc Fee 135+Tax on Fee 83.25 = Total cash on delivery 1821.39
    Money Factor: .00114
    Term: 36 months/10K

    Please let me know, is this a good to go ?? any room for negotiation?

    Do you have a fleet or corporate discount?
    Because that money factor is below the base number of .00134

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  • kyfdxkyfdx Moderator Posts: 256,073
    gouthamk said:

    Hi, I am taking a x3 delivery soon. I decided to pay 7 MSDs of 500$ each. I would like to know a few things
    1)If i were to turn in the car much/before my lease term, what happens to my MSDs? Do i get them back?
    2)My dealer was telling me that, they would not charge me if i am little over my agreed miles for my lease term,(mine is 3yr/12000 miles) is that true/possible

    Please reply soon

    1) You can't really "turn in" your car early. You can trade it in, and if that's the case, the payoff of the lease will be reduced by the MSD amount.
    2) That's wrong. If you are over, you'll be charged.

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  • keyjeykeyjey Member Posts: 50
    edited December 2016
    I got a initial quote from a dealer in SF bay are. I am trying to get some more info on numbers. How does this look?

    Only includes navigation and backup camera


  • kyfdxkyfdx Moderator Posts: 256,073
    keyjey said:

    I got a initial quote from a dealer in SF bay are. I am trying to get some more info on numbers. How does this look?

    Only includes navigation and backup camera


    What is the MSRP?
    Money factor is marked up the maximum from .00134.

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  • keyjeykeyjey Member Posts: 50
    MSRP is 46600 and sale price is 42100
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