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2017 BMW X1 Lease Deals and Prices

MichaellMichaell ColoradoPosts: 111,244
edited August 2017 in BMW
Ask your 2017 X1 lease questions, here! Get info about prices, money factor, deals, incentives, and payments.

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

2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

«13456717

Comments

  • lednameledname NCPosts: 81
    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!
  • MichaellMichaell ColoradoPosts: 111,244
    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.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • bobbybob718bobbybob718 Posts: 7
    edited July 2016
    Hi,

    Could you please let me know the lease numbers (2017 X1) for 24/30/36 months - 10K miles? Thanks!
  • kyfdxkyfdx Posts: 120,532

    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks a lot!

  • wco81wco81 Posts: 579
    subscribing.
  • wco81wco81 Posts: 579
    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?
  • kyfdxkyfdx Posts: 120,532
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • wco81wco81 Posts: 579
    Thanks, so on #2, you would deduct the Lease Credit from the Cap Cost but still pay taxes on it?
  • kyfdxkyfdx Posts: 120,532
    edited August 2016
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • plinaplina Posts: 59
    edited September 2016
    Can you please give me the numbers for a 2017 X1 X drive for this month?
  • MichaellMichaell ColoradoPosts: 111,244
    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.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Could you please provide MF and RV for 2017 X1 sDrive 2.8 (36/10k)? Thank you!
  • MichaellMichaell ColoradoPosts: 111,244
    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.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • plinaplina Posts: 59
    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?
  • MichaellMichaell ColoradoPosts: 111,244
    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

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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!
  • MichaellMichaell ColoradoPosts: 111,244
    edited September 2016
    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.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can you folks confirm if .00136 MF/ 60% RV. This is for 2017 X1 Xdrive AWD at 38.5MSRP
    Thanks.
  • MichaellMichaell ColoradoPosts: 111,244
    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.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 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
  • MichaellMichaell ColoradoPosts: 111,244

    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%

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jaws4jaws4 Posts: 12
    HI, Would you please post the RV and MF for a 2017 S-Drive 28i for 12k/36mos for October 2016. Thank you.
  • jaws4jaws4 Posts: 12
    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.
  • spidpooyspidpooy Posts: 180
    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.
  • kyfdxkyfdx Posts: 120,532
    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 120,532
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jaws4jaws4 Posts: 12
    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.
  • kyfdxkyfdx Posts: 120,532
    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jaws4jaws4 Posts: 12
    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.
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