2017 BMW X1 Lease Deals and Prices

Michaell

Ask your 2017 X1 lease questions, here! Get info about prices, money factor, deals, incentives, and payments.

ledname

Hello....

Do you have numbers on the 2017 models yet? Looking for 30 or 36 months with 12k miles. If there is a difference xDrive vs sDrive then please let me know. Thanks!

Michaell

ledname said:

Hello....

Do you have numbers on the 2017 models yet? Looking for 30 or 36 months with 12k miles. If there is a difference xDrive vs sDrive then please let me know. Thanks!

.00137 and 60% or 57%

Same numbers for both trims.

bobbybob718

Hi,

Could you please let me know the lease numbers (2017 X1) for 24/30/36 months - 10K miles? Thanks!

kyfdx

bobbybob718 said:

Hi,

Could you please let me know the lease numbers (2017 X1) for 24/30/36 months - 10K miles? Thanks!

.00137 MF and 64%/61%/58% residual

bobbybob718

Thanks a lot!

wco81

subscribing.

wco81

Can you break down the BMWUSA offer for the 2017 X1 sDrive28i for August?

http://www.bmwusa.com/special-offers/lease.2017-X3-xDrive28i.html

1. Does the MSRP of $42,245 include the $995 Destination?

2. What is the $1500 Lease Credit mean, that you deduct it from the Cap Cost?

3. If you click the SEE MORE link, it shows the lease is for 10k miles and doesn't include taxes, license and fees ("Tax, title, license, registration and dealer fees are additional fees due at signing").

Given that, is it possible to determine what MF and residual they're using to produce these numbers?

4. What are the options for not having the $3000 down payment, to reduce the "Due at Signing" amount of $4304 but without increasing the monthly payments too much? The fine print says it doesn't include security deposits which may be required. Are these the same as MSDs which are fully refundable?

kyfdx

wco81 said:

Can you break down the BMWUSA offer for the 2017 X1 sDrive28i for August?

http://www.bmwusa.com/special-offers/lease.2017-X3-xDrive28i.html

1. Does the MSRP of $42,245 include the $995 Destination?

2. What is the $1500 Lease Credit mean, that you deduct it from the Cap Cost?

3. If you click the SEE MORE link, it shows the lease is for 10k miles and doesn't include taxes, license and fees ("Tax, title, license, registration and dealer fees are additional fees due at signing").

Given that, is it possible to determine what MF and residual they're using to produce these numbers?

4. What are the options for not having the $3000 down payment, to reduce the "Due at Signing" amount of $4304 but without increasing the monthly payments too much? The fine print says it doesn't include security deposits which may be required. Are these the same as MSDs which are fully refundable?

1) Yes
2) It's a customer incentive, that must be used as a CAP cost reduction (which means it is taxable)
3) They are using .00137 as the MF. What the fine print doesn't disclose is the dealer discount from MSRP. And, even if you have that, the dealer isn't required to offer that same price. It's just an advertisement.
4) You don't have to have $4304 due at signing, if you don't mind having a higher payment. It's just an example.
5) Generally, BMW leases don't require a security deposit for those with top-tier credit.

wco81

Thanks, so on #2, you would deduct the Lease Credit from the Cap Cost but still pay taxes on it?

kyfdx

wco81 said:

Thanks, so on #2, you would deduct the Lease Credit from the Cap Cost but still pay taxes on it?

Yes, you deduct it from your selling price, but you'll pay the tax upfront, as though you had made a $1500 CAP cost reduction.

Or, they will reduce the CAP cost reduction by the tax owed.

plina

Can you please give me the numbers for a 2017 X1 X drive for this month?

Michaell

plina said:

Can you please give me the numbers for a 2017 X1 X drive for this month?

.00136 and 58% for 36 months, 15,000 miles per year. $1000 option allowance.

lavagnino

Could you please provide MF and RV for 2017 X1 sDrive 2.8 (36/10k)? Thank you!

Michaell

lavagnino said:

Could you please provide MF and RV for 2017 X1 sDrive 2.8 (36/10k)? Thank you!

.00136 and 61%. $1000 option allowance.

plina

I see BMW offering 0.9% financing, does this also include leases? And what is the residual for 12K? Does BMW offer 39 Month leases?

Michaell

plina said:

I see BMW offering 0.9% financing, does this also include leases? And what is the residual for 12K? Does BMW offer 39 Month leases?

The 0.9% is for purchases only.

Subtract 1% for 12K

No 39 month terms for BMW

vblock123

Can you please provide RV and MF for 36/12k? X1 xDrive28i with options for MSRP 38,545.
What's the monthly payment before Taxes I should be looking at. Thanks!

Michaell

vblock123 said:

Can you please provide RV and MF for 36/12k? X1 xDrive28i with options for MSRP 38,545.
What's the monthly payment before Taxes I should be looking at. Thanks!

.00136 and 60%. $1000 option allowance.

Need to know the adjusted cap cost in order to calculate a payment.

vblock123

Can you folks confirm if .00136 MF/ 60% RV. This is for 2017 X1 Xdrive AWD at 38.5MSRP
Thanks.

Michaell

vblock123 said:

Can you folks confirm if .00136 MF/ 60% RV. This is for 2017 X1 Xdrive AWD at 38.5MSRP
Thanks.

The numbers are correct for 36/12.

eyewannacar

Hello!
Can you please provide RV and MF for 36/10k? 2017 X1 xDrive28i with options for MSRP 41,045? Current offers ending 9/30
Thank you very much

Michaell

eyewannacar said:

Hello!
Can you please provide RV and MF for 36/10k? 2017 X1 xDrive28i with options for MSRP 41,045? Current offers ending 9/30
Thank you very much

.00136 and 61%

jaws4

HI, Would you please post the RV and MF for a 2017 S-Drive 28i for 12k/36mos for October 2016. Thank you.

jaws4

Haven't leased from BMW in a while so I'd appreciate any feedback on the below deal. It feels good to me, but I may be a little rusty:

2017 S-Drive 28 with a few options (no premium, but sunroof, cold, drv assist, spt seats, xline whls, met paint)
Lease 12k/yr for 3 yrs
MSRP - $38,845
Down - $500 (Really zero down as this $500 is rebated from BMWCCA and not out of my pocket!)
Purchase price - $31,500 (does not include down pmt above)
Total Fees excluding sales tax and disposition - $789
RV - 60% ($23,307)
Rate - 4.25% (calcs to mf of .00177 so might be a little high from what I'm seeing here)
Monthly Pmt (Excluding tax) - $352.94
In GA our tax situation for leases stinks, so I'm excluding taxes for ease of comparison.

Comments appreciated.

spidpooy

that is right, you have got about .00040 mark-up in MF. That is I think $20-$30 per month interest going to the dealer pocket.

kyfdx

jaws4 said:

HI, Would you please post the RV and MF for a 2017 S-Drive 28i for 12k/36mos for October 2016. Thank you.

.00136 MF and 60% residual
$2000 option allowance

kyfdx

jaws4 said:

Haven't leased from BMW in a while so I'd appreciate any feedback on the below deal. It feels good to me, but I may be a little rusty:

2017 S-Drive 28 with a few options (no premium, but sunroof, cold, drv assist, spt seats, xline whls, met paint)
Lease 12k/yr for 3 yrs
MSRP - $38,845
Down - $500 (Really zero down as this $500 is rebated from BMWCCA and not out of my pocket!)
Purchase price - $31,500 (does not include down pmt above)
Total Fees excluding sales tax and disposition - $789
RV - 60% ($23,307)
Rate - 4.25% (calcs to mf of .00177 so might be a little high from what I'm seeing here)
Monthly Pmt (Excluding tax) - $352.94
In GA our tax situation for leases stinks, so I'm excluding taxes for ease of comparison.

Comments appreciated.

The disposition fee isn't paid upfront.
The acquisition fee is $925
.00176 MF is marked up the maximum from the base rate.
Since they quoted an APR, are you sure this isn't some sort of balloon note, instead of a lease?
60% is the correct residual for 36/12.
If I add the $789 in, I get about $347/mo, so pretty close.

jaws4

Hi,

Thanks for the comments and questions. You do know your stuff. Yes, this is a balloon loan. It is how BMW, MB and Audi have dealt with the crazy new tax law here in GA, TX and IL. In short the tax law requires that a lessee pay all of the sales tax on a leased car upfront, not monthly on the only the portion used. Then when they trade up they have to do it again. With the balloon payment option, you can at least get some credit for the trade in toward the tax on the next car, thereby reducing the tax bill.

I'm aware of the acquisition fee of $925 but have seen no reference to it yet so I'm hopeful it is already in the deal and not going to be sprung on us at the end. I have all of the completed paperwork, so any changes would be bait and switch in my book.

I'm going to push on the MF a bit more, but I feel pretty good about the rest of the deal.

Thank you.

kyfdx

jaws4 said:

Hi,

Thanks for the comments and questions. You do know your stuff. Yes, this is a balloon loan. It is how BMW, MB and Audi have dealt with the crazy new tax law here in GA, TX and IL. In short the tax law requires that a lessee pay all of the sales tax on a leased car upfront, not monthly on the only the portion used. Then when they trade up they have to do it again. With the balloon payment option, you can at least get some credit for the trade in toward the tax on the next car, thereby reducing the tax bill.

I'm aware of the acquisition fee of $925 but have seen no reference to it yet so I'm hopeful it is already in the deal and not going to be sprung on us at the end. I have all of the completed paperwork, so any changes would be bait and switch in my book.

I'm going to push on the MF a bit more, but I feel pretty good about the rest of the deal.

Thank you.

I'm not positive on the acquisition fee on a balloon note.

However, your rate is marked up the maximum from the base rate of 3.25% APR

jaws4

Tried to push on the MF and they aren't budging. They claim that's how they make a little bit of money on such a skinny deal. Net of the $2000 option credit, they are taking $5300 off sticker, so it feels like a pretty good deal.

Michaell

jaws4 said:

Tried to push on the MF and they aren't budging. They claim that's how they make a little bit of money on such a skinny deal. Net of the $2000 option credit, they are taking $5300 off sticker, so it feels like a pretty good deal.

Dealers will often choose where to make their money - either less of a discount from sticker or mark up the MF. There are dealers who will do both, to move a unit of inventory.

I suppose it couldn't hurt to contact a few dealers and see if you'll find one to meet your terms.

damnyankees

Figures for x drive 36/12k in CT, please? Thanks!

wheelson1

does anyone have the figures for xdrive 36/10k?

Michaell

damnyankees said:

Figures for x drive 36/12k in CT, please? Thanks!

.00136 and 60%.

$2000 option allowance.

Michaell

wheelson1 said:

does anyone have the figures for xdrive 36/10k?

.00136 and 61%

$2000 option allowance.

elop124

Hello,

I ordered a BMW X1 sdrive with an MSRP of $38245 to try and work out a lease deal this month. Dealer claimed that they can discount about $2500 of the MSRP and I'm planning on putting $1500 down. My car is for my wife and she just graduated and I noticed that they had a $1000 incentive towards new graduates as well. I also saw a $1000 options incentive. Lease terms are 36/10k.

I had the following questions:

1. MF for Nov 2016?
2. Residual value?
3. Typical discount off MSRP. Im getting about 6.5% at this point
4. Are the 2 incentives (graduate and options) go towards MSRP or monthly payment discount and do they both apply?
5. What should my monthly payment be without taxes?

Thank you

kyfdx

elop124 said:

Hello,

I ordered a BMW X1 sdrive with an MSRP of $38245 to try and work out a lease deal this month. Dealer claimed that they can discount about $2500 of the MSRP and I'm planning on putting $1500 down. My car is for my wife and she just graduated and I noticed that they had a $1000 incentive towards new graduates as well. I also saw a $1000 options incentive. Lease terms are 36/10k.

I had the following questions:

1. MF for Nov 2016?
2. Residual value?
3. Typical discount off MSRP. Im getting about 6.5% at this point
4. Are the 2 incentives (graduate and options) go towards MSRP or monthly payment discount and do they both apply?
5. What should my monthly payment be without taxes?

Thank you

.00134 MF and 61% residual.
6%-7% off MSRP, then subtract the incentives.
$424/mo, if the CAP cost is $2500 below MSRP.

noarch

Any updated info on residual and MF for November?

Michaell

noarch said:

Any updated info on residual and MF for November?

.00134 and 58% for 36/12. $1000 option allowance.

aalvareznyc

Hi gents, Any updated info on residual and MF for November in NJ?

Michaell

aalvareznyc said:

Hi gents, Any updated info on residual and MF for November in NJ?

.00134 and 56% for 36/15. $1000 option allowance.

bcofbubba

Is this a great deal or can be better?

2017 xDrive 28i
MSRP: $40,685
Selling: $38,430

Orange County Tax included
$2500 down
12k miles: $499/month
15k miles: $525/month

Thank you

Michaell

bcofbubba said:

Is this a great deal or can be better?

2017 xDrive 28i
MSRP: $40,685
Selling: $38,430

Orange County Tax included
$2500 down
12k miles: $499/month
15k miles: $525/month

Thank you

.00134 and 60% / 58%. $1000 option allowance.

With your MSRP and selling price, I get $474/mo for 36/12 and $495/mo for 36/15 - before tax. Looks to be in the ballpark.

What does the $2500 cover?

plina

There is no acquisition fee on a ballon loan, but there is one thing you have to be aware. This is basically a regular loan so there is no gap insurance included, so if you want gap which I suggest you get, talk to them.

desiboii

Hi,

Whenever it is available, I would appreciate MF, residual and manufacturer incentives for 2017 X1 xDrive for lease at 36mo/12,000 miles in the month of December.

Thank you

Michaell

desiboii said:

Hi,

Whenever it is available, I would appreciate MF, residual and manufacturer incentives for 2017 X1 xDrive for lease at 36mo/12,000 miles in the month of December.

Thank you

.00134 and 60%

bcofbubba

Is this a decent deal for a lease, 2017, xdrive, 36/12?

MSRP: $45K
Cap cost $40K

Drive off: $3K
Monthly: $420

Tax is 8%

Thanks

Michaell

bcofbubba said:

Is this a decent deal for a lease, 2017, xdrive, 36/12?

MSRP: $45K
Cap cost $40K

Drive off: $3K
Monthly: $420

Tax is 8%

Thanks

.00134 and 60%

With your prices and tax rate, I get $487/mo.

How much of the $3K is going to cap reduction?

bcofbubba

Michaell said:

bcofbubba said:

Is this a decent deal for a lease, 2017, xdrive, 36/12?

MSRP: $45K
Cap cost $40K

Drive off: $3K
Monthly: $420

Tax is 8%

Thanks

.00134 and 60%

With your prices and tax rate, I get $487/mo.

How much of the $3K is going to cap reduction?

$1K

Michaell

bcofbubba said:

Michaell said:

bcofbubba said:

Is this a decent deal for a lease, 2017, xdrive, 36/12?

MSRP: $45K
Cap cost $40K

Drive off: $3K
Monthly: $420

Tax is 8%

Thanks

.00134 and 60%

With your prices and tax rate, I get $487/mo.

How much of the $3K is going to cap reduction?

$1K

That would take about $30/mo off my calculated payment. You offer looks good by comparison.