2017 BMW X1 Lease Deals and Prices

kyfdx

Michaell said:

tomax said:

What is the latest lease info and incentives for 36/10K or 12K 2017? Any loyalty or other incentives for loaners?

.00152 and 61% / 60%

$2000 lease credit

Loaners will have lower residuals, but should have much, much bigger discounts to more than make up for that.

leasenewb1

I received this and it seems way too high ... please advise


The lease proposal includes a $3,000 Lease Credit

MSRP $45,470
Discount $12,895
Pure Price $32,575

Money Factor 0.00192
55% 10k miles
54% 12k miles
Residual Value $24,553.80

36 - months 10k miles Payment $461
12k $474

kyfdx

leasenewb1 said:

I received this and it seems way too high ... please advise


The lease proposal includes a $3,000 Lease Credit

MSRP $45,470
Discount $12,895
Pure Price $32,575

Money Factor 0.00192
55% 10k miles
54% 12k miles
Residual Value $24,553.80

36 - months 10k miles Payment $461
12k $474

Yes...even with the marked up money factor, it seems high.
How much is due at signing on these deals?
What state/tax rate?

Ask for the adjusted CAP cost, and that should clear up a lot.

Michaell

leasenewb1 said:

I received this and it seems way too high ... please advise


The lease proposal includes a $3,000 Lease Credit

MSRP $45,470
Discount $12,895
Pure Price $32,575

Money Factor 0.00192
55% 10k miles
54% 12k miles
Residual Value $24,553.80

36 - months 10k miles Payment $461
12k $474

How much is due at signing?

That is a massive discount, but the dealer is making some of that up by maxing out the MF (base is .00152).

Michaell

Michaell said:

leasenewb1 said:

I received this and it seems way too high ... please advise


The lease proposal includes a $3,000 Lease Credit

MSRP $45,470
Discount $12,895
Pure Price $32,575

Money Factor 0.00192
55% 10k miles
54% 12k miles
Residual Value $24,553.80

36 - months 10k miles Payment $461
12k $474

How much is due at signing?

That is a massive discount, but the dealer is making some of that up by maxing out the MF (base is .00152).

Ask the dealer what the adjusted cap cost is, and how they got there from the "Pure Price"

I get $333/mo before tax for 36/12, using those prices.

slolankan

Hello!

Do we have number for Feb on a 2017 x1 xdrive ? 24 mo / 10K miles and 12K miles and 36 months? SO Cal

Any new incentives for Feb?


Thanks!

Michaell

slolankan said:

Hello!

Do we have number for Feb on a 2017 x1 xdrive ? 24 mo / 10K miles and 12K miles and 36 months? SO Cal

Any new incentives for Feb?


Thanks!

Lease support for the 2017 X1 has ended for February.

slolankan

https://www.bmwusa.com/special-offers/lease.2017-X1-xDrive28i.html?modal=special-offers-legal

shows lease support till Feb 28th on the 2017, is that not the case?

Michaell

slolankan said:

https://www.bmwusa.com/special-offers/lease.2017-X1-xDrive28i.html?modal=special-offers-legal

shows lease support till Feb 28th on the 2017, is that not the case?

The information we have does not have any lease data for the 2017 X1. But, we don't have all the docs we normally get for BMW. I could be wrong.

kyongchoi

Hello! Is there lease support for 2017 X1? Any numbers available for March? Thank you

kyfdx

kyongchoi said:

Hello! Is there lease support for 2017 X1? Any numbers available for March? Thank you

.00156 MF and 58% residual for 36/15
$3000 lease credit

ed28961

Hi, I could use some help as I am not getting to the same payment as I am being quoted based on the inputs. This is a retired service loaner with 4,880 miles, but the offer is showing the vehicle as new. Here is the offer:

2017 X1
MSRP: 38,145
Rebate as cap reduction: 3,000
Sale price: 34,669
10k/36m with only first month due at signing for $453.91/mo

I subsequently received the MF and residual: .00196 and 61%

The monthly seems a lot higher than I am calculating and the MF seems a bit high. Thanks in advance!

ed28961

Okay I was able to get some more info from the dealer:

Doc fee: 599
Acquisition fee: 925
so totals are

MSRP: 38,145
Sale Price: 34,669
Adj cap cost: 33,429.70
MF: .00196
Residual: 61%
Residual value after mileage adj: 22,173.45

I was planning to put about 3k down but this doesn't look any better than a 2018 lease at this point. Any suggestions on making this worth it? Sales price vs MF?

Thanks

kyfdx

ed28961 said:

Okay I was able to get some more info from the dealer:

Doc fee: 599
Acquisition fee: 925
so totals are

MSRP: 38,145
Sale Price: 34,669
Adj cap cost: 33,429.70
MF: .00196
Residual: 61%
Residual value after mileage adj: 22,173.45

I was planning to put about 3k down but this doesn't look any better than a 2018 lease at this point. Any suggestions on making this worth it? Sales price vs MF?

Thanks

I get $423/mo.+tax, so $454/mo. looks pretty close.
Money factor is marked up from .00156 base.
Use 58.1% as residual, to account for mileage
That's only about 9% off MSRP, which isn't enough for a loaner with nearly 5000 miles.
Shoot for 15% off, and the base money factor.
$2000 more off and the base money factor drops the payment by $80/mo.+

You want to be under $400/mo, with just first payment due at signing.

niranjans

This forum's been very informational. Thanks to all the previous posters.

I had a 2017 X1 xDrive28i I've leased 6 months ago from a dealer in Utah and last week someone ran a red light and totaled it. Since the other party is 100% at fault, I'm guessing I won't have to bear any expenses in the settlement. My auto insurance company is still working on the settlement but in the meantime, I thought I'll start shopping for a new 2018 X1.

Has anyone in this forum been in this situation before? Is there any advice on how I should handle things following this accident? What fees/expenses beyond the market value and rental charges can they cover? E.g., will they include the disposition fee in the settlement and would it be waived for my new lease? I was unwise to put a down payment of $3000 for this lease. So, I've learned that lesson the hard way.

I'm also looking for the MF for Utah for March 2018. Shopped around for a few X1s, with MSRP ranging from 40k to 45k. With zero down, any estimate on what kind of a deal I should be able to get away with. I've read < 1% of MSRP in monthly+tax is a good deal. But does that apply to 0 down leases too? I'm still waiting for a few quotes from the dealers. Will post here to get your feedback when I have the numbers.

Thanks in advance.

kyfdx

niranjans said:

This forum's been very informational. Thanks to all the previous posters.

I had a 2017 X1 xDrive28i I've leased 6 months ago from a dealer in Utah and last week someone ran a red light and totaled it. Since the other party is 100% at fault, I'm guessing I won't have to bear any expenses in the settlement. My auto insurance company is still working on the settlement but in the meantime, I thought I'll start shopping for a new 2018 X1.

Has anyone in this forum been in this situation before? Is there any advice on how I should handle things following this accident? What fees/expenses beyond the market value and rental charges can they cover? E.g., will they include the disposition fee in the settlement and would it be waived for my new lease? I was unwise to put a down payment of $3000 for this lease. So, I've learned that lesson the hard way.

I'm also looking for the MF for Utah for March 2018. Shopped around for a few X1s, with MSRP ranging from 40k to 45k. With zero down, any estimate on what kind of a deal I should be able to get away with. I've read < 1% of MSRP in monthly+tax is a good deal. But does that apply to 0 down leases too? I'm still waiting for a few quotes from the dealers. Will post here to get your feedback when I have the numbers.

Thanks in advance.

Sorry to hear about your accident. Your questions about your current lease might best be directed to your insurance company or BMWFS. You should certainly insist on the insurance company making you whole, especially since the other party was at fault.

Please ask your 2018 model lease questions, here:
https://forums.edmunds.com/discussion/46418/bmw/x1/2018-bmw-x1-lease-deals-and-prices#latest

niranjans

kyfdx said:

Sorry to hear about your accident. Your questions about your current lease might best be directed to your insurance company or BMWFS. You should certainly insist on the insurance company making you whole, especially since the other party was at fault.

Please ask your 2018 model lease questions, here:
https://forums.edmunds.com/discussion/46418/bmw/x1/2018-bmw-x1-lease-deals-and-prices#latest

Thanks much, kyfdx. I will post 2018-specific questions in the post you linked.

tdunham02

@kyfdx Can you please let me know your take on this lease deal? It's for a 2017 X1 retired loaner with 4,375 miles on it.

MSRP: $48,625
Discount: $4,748
Rebate: $3,000
Acq Fee: $925
Doc Fee: $175.94
Title/Filing: $221
Capitalized Taxes: $1,597
Payment: $534/m
Due at Signing: $755.89
Residual Value: $28,693


I think their discount (not rebate) is very light. What do you think is a reasonably monthly payment to shoot for?

Thanks in advance!

kyfdx

tdunham02 said:

@kyfdx Can you please let me know your take on this lease deal? It's for a 2017 X1 retired loaner with 4,375 miles on it.

MSRP: $48,625
Discount: $4,748
Rebate: $3,000
Acq Fee: $925
Doc Fee: $175.94
Title/Filing: $221
Capitalized Taxes: $1,597
Payment: $534/m
Due at Signing: $755.89
Residual Value: $28,693


I think their discount (not rebate) is very light. What do you think is a reasonably monthly payment to shoot for?

Thanks in advance!

Which state?
What term/mileage allowance?

tdunham02

Crucial details, haha, sorry!

IL 36/10k

kyfdx

tdunham02 said:

Crucial details, haha, sorry!

IL 36/10k

.00156 MF and 61% residual, less $1094 for existing mileage.
I do get about $530/mo with those numbers, so the calculations look good.

I agree with your assessment of the price.
I'd look for 15% off, which would be around $7300 discount vs. the $4748 they've offered.

$2500 more off would drop the payment to around $460/mo. (maybe a little less, as tax amount would also go down). That would be a pretty good payment with just first payment and title/filing upfront.

tdunham02

Thanks!! In total, I was thinking 15% + the $3,000 from BMW -- Am I on track with that?

kyfdx

tdunham02 said:

Thanks!! In total, I was thinking 15% + the $3,000 from BMW -- Am I on track with that?

Yes...

schnauzer01

I saw this posted above for a 2017 x1
".00156 MF and 58% residual for 36/15
$3000 lease credit"

What about for a 24/15? Thank you

schnauzer01

Also, how do I adjust for Mileage on an unregistered loaner? This vehicle has 4316, but I might be looking at others.
Thanks again

kyfdx

schnauzer01 said:

I saw this posted above for a 2017 x1
".00156 MF and 58% residual for 36/15
$3000 lease credit"

What about for a 24/15? Thank you

64% residual

kyfdx

schnauzer01 said:

Also, how do I adjust for Mileage on an unregistered loaner? This vehicle has 4316, but I might be looking at others.
Thanks again

If the mileage is under 5000, deduct $0.25/mile from the residual

schnauzer01

kyfdx said:

schnauzer01 said:

I saw this posted above for a 2017 x1
".00156 MF and 58% residual for 36/15
$3000 lease credit"

What about for a 24/15? Thank you

64% residual

Same mf on the 24mo?

kyfdx

schnauzer01 said:

kyfdx said:

schnauzer01 said:

I saw this posted above for a 2017 x1
".00156 MF and 58% residual for 36/15
$3000 lease credit"

What about for a 24/15? Thank you

64% residual

Same mf on the 24mo?

Yes

slksud6

Can you please let me know your take on this lease deal? It's for a 2017 X1 sDrive 28i (FWD) loaner car with 4,800 miles on it. 36 month 10K miles/year lease in New Jersey.

MSRP: $48,625
Payment: $350/m
Due at Signing: $1500 (incl. all taxes and fees)

I currently don’t have the RV/MF info. Does this seem like something worth pursuing?

also, any thoughts on warranty related concerns or factors that need to be considered or factored in to the overall cost down the road? I am told that the BMW warranty and maintenance is convered for 3 year / 36K miles but since this is a loaner with 4800 miles already on it that cuts it close to cover the entireity life of my lease if I hold on to it for the full 36 month 10K miles/year

 Thank you.

slksud6

 @kyfdx
correction on the above: MSRP is $46,825 (not $48625). 

Can you please provide your thoughts on this deal?

kyfdx

slksud6 said:

Can you please let me know your take on this lease deal? It's for a 2017 X1 sDrive 28i (FWD) loaner car with 4,800 miles on it. 36 month 10K miles/year lease in New Jersey.

MSRP: $48,625
Payment: $350/m
Due at Signing: $1500 (incl. all taxes and fees)

I currently don’t have the RV/MF info. Does this seem like something worth pursuing?

also, any thoughts on warranty related concerns or factors that need to be considered or factored in to the overall cost down the road? I am told that the BMW warranty and maintenance is convered for 3 year / 36K miles but since this is a loaner with 4800 miles already on it that cuts it close to cover the entireity life of my lease if I hold on to it for the full 36 month 10K miles/year

 Thank you.

That's a super cheap payment.

Can't tell you how the service intervals will go, but the included maintenance is pretty basic under the new 3/36 plan. You may be on the hook for an oil change on the last service ($150).

The warranty is 4yr/50K miles, so no issues with that.

slksud6

Thank you @kyfdx

geo1317

Any support for a 17 X1 xDrive 28i for April? 36/15k

Michaell

geo1317 said:

Any support for a 17 X1 xDrive 28i for April? 36/15k

No.

barrylmills

Hi. May I please have MF, Residual, & Incentives on BMW X1 sDrive28i for 36/12 and 36/10 for zip code 30305. Thank you!

kyfdx

barrylmills said:

Hi. May I please have MF, Residual, & Incentives on BMW X1 sDrive28i for 36/12 and 36/10 for zip code 30305. Thank you!

2017 model? No lease programs.

2018?
Please post here:
https://forums.edmunds.com/discussion/46418/bmw/x1/2018-bmw-x1-lease-deals-and-prices#latest