2017 BMW X1 Lease Deals and Prices

pznsouthbch

kyfdx said:

$899 doc fee.

Welcome to Florida!

Crazy and another dealer had the doc fee at $1199, acquisition at $925, inception $899! I thought the max was $1000 on the doc. The sales rep actually had the audacity to tell us that you cannot negotiate the sales price on a lease, MSRP is what you get....lol. South Florida living in Miami. Big thanks to this forum and those who reply!

Michaell

pznsouthbch said:

kyfdx said:

$899 doc fee.

Welcome to Florida!

Crazy and another dealer had the doc fee at $1199, acquisition at $925, inception $899! I thought the max was $1000 on the doc. The sales rep actually had the audacity to tell us that you cannot negotiate the sales price on a lease, MSRP is what you get....lol. South Florida living in Miami. Big thanks to this forum and those who reply!

Wait, what?

What is the difference between the doc fee and the inception fee?

The acquisition fee is set by BMWFS and can't be altered. The other two are likely dealer initiated.

Lots of BMW dealers to choose from - find one willing to play ball with the numbers.

Information is power - the more you have, the less they can pull the wool over your eyes.

ebanook

Hi All,

This is an offer I have for a 2017 BMW x1 xDrive28i- Cold weather package, premium package, driver assistance, and navigation. Does this look like a good deal? If not- any suggestion as to where I could find some room to negotiate down would be so helpful. Located in Massachusetts, if that info is needed.

Thank you!

kyfdx

ebanook said:

Hi All,

This is an offer I have for a 2017 BMW x1 xDrive28i- Cold weather package, premium package, driver assistance, and navigation. Does this look like a good deal? If not- any suggestion as to where I could find some room to negotiate down would be so helpful. Located in Massachusetts, if that info is needed.

Thank you!

It's hard to make those numbers add up.

But, here goes.. With that NET cap, they are using about $2205 of the $5500 for CAP reduction. Another $120 for CAP reduction tax, $425 (est) first payment, $2700 security deposit (6 MSDs). That still leaves the $575 of fees at the top, unpaid.

.00092 MF (with 6 MSDs) and 60% residual.

That gives me a payment of $405/mo.+tax, or about $430/mo.

It's a decent deal. $395 dealer fee and $249 service contract look like padding.

I'd rather do it with just $3500 due at signing ($3000 of MSDs), and a payment of $497.mo.

kmster76

Looking to lease a 2017 X1. Sill trying to work out preliminary numbers. Here is the rough quote: 2017 X1 xdrive with premium package, navigation business, driving assistance & cold weather. MSRP 43855, neg price 41055. $2000 down - payment at $563. $649 dealer admin charge, $995 destination.
I can't figure out the numbers. I know it doesn't include all of the fees etc. I am in Charlotte NC, Any help here is appreciated

kyfdx

kmster76 said:

Looking to lease a 2017 X1. Sill trying to work out preliminary numbers. Here is the rough quote: 2017 X1 xdrive with premium package, navigation business, driving assistance & cold weather. MSRP 43855, neg price 41055. $2000 down - payment at $563. $649 dealer admin charge, $995 destination.
I can't figure out the numbers. I know it doesn't include all of the fees etc. I am in Charlotte NC, Any help here is appreciated

There is a $1500 incentive on the 2017 X1, this month. (saw it on the BMWUSA website)
Destination should always be part of the selling price.
$649 dealer fee? shewww

Your negotiated price is good, but not with a $649 fee.
Acquisition fee is $925, so you'll have to factor that in.
$1500 more off for the incentive.
.00134 MF and 58% residual for 36/15.

kmster76

I am looking at 36/10. any change to MF or residual?

With those numbers above I came out with a lower payment than the dealer quoted using the lease guide calculator.

Michaell

kmster76 said:

I am looking at 36/10. any change to MF or residual?

With those numbers above I came out with a lower payment than the dealer quoted using the lease guide calculator.

61% residual, no change to MF.

Confirm the adjusted cap cost with the dealer.

And, lease calculators on-line sometimes make assumptions we know nothing about.

kmster76

Great Thank you for your help!

jdlearoyd

Hi,

Can you please provide the current MF and RV for a 2017 xDrive X1 for 36 months/12k miles in the greater Boston area? Think the MSRP would be about 41,420 with cold weather package, M sport package and Harmon Kardon stereo.

Thanks!

Michaell

jdlearoyd said:

Hi,

Can you please provide the current MF and RV for a 2017 xDrive X1 for 36 months/12k miles in the greater Boston area? Think the MSRP would be about 41,420 with cold weather package, M sport package and Harmon Kardon stereo.

Thanks!

.00134 and 60%

kapkanimd

March numbers for 36m 12k? incentives? Thanks again!

Michaell

kapkanimd said:

March numbers for 36m 12k? incentives? Thanks again!

.00140 and 60%. No incentives

autonash1

What about 36 months with 10k?

Thanks in advance!

Michaell

autonash1 said:

What about 36 months with 10k?

Thanks in advance!

.00140 and 61%

jacktress1

Hi all, this this a good lease deal or am I missing something on it?
leasing a 2017 x1. Asis package, Texh package, Heated seats/steering, prem package, cold weather package
Msrp 46k. They asking 39,600k, neg down to 35k. Based on current rates of 61% .00140 mf. They are eating my lease payments left of $1200. Car is a demo has 3500 miles on it, comes with warranty like new. No msd. Including New York tax (8.875) , plate transfer all fees and acquisition: 4000 down, 350 a month. What do you think? 

Michaell

jacktress1 said:

Hi all, this this a good lease deal or am I missing something on it?
leasing a 2017 x1. Asis package, Texh package, Heated seats/steering, prem package, cold weather package
Msrp 46k. They asking 39,600k, neg down to 35k. Based on current rates of 61% .00140 mf. They are eating my lease payments left of $1200. Car is a demo has 3500 miles on it, comes with warranty like new. No msd. Including New York tax (8.875) , plate transfer all fees and acquisition: 4000 down, 350 a month. What do you think? 

Leaving the taxes, fees, miles and such to the side, those prices and numbers give me a payment of $281/mo.

The 3500 miles will reduce the residual by $875 (.25 per mile), and the payment goes to $304/mo.

If the $4K up front covers all your taxes and fees (and, I'm guessing, the $1200 of remaining lease payments), then I don't see how they get to $350/mo.

Ask the dealer for the adjusted cap cost - if higher than the $35K you've given us, find out what's been added.

And, if something has been added, get a specific breakdown of what the $4000 at signing covers.

jacktress1

Leaving the taxes, fees, miles and such to the side, those prices and numbers give me a payment of $281/mo. The 3500 miles will reduce the residual by $875 (.25 per mile), and the payment goes to $304/mo. If the $4K up front covers all your taxes and fees (and, I'm guessing, the $1200 of remaining lease payments), then I don't see how they get to $350/mo. Ask the dealer for the adjusted cap cost - if higher than the $35K you've given us, find out what's been added. And, if something has been added, get a specific breakdown of what the $4000 at signing covers.

Thanks for the reply.. The 4K does cover all the taxes, fees, and the $1200 remaining. Is the $350 not right on what they offered? Or it's too low?

Michaell

jacktress1 said:

Leaving the taxes, fees, miles and such to the side, those prices and numbers give me a payment of $281/mo.

The 3500 miles will reduce the residual by $875 (.25 per mile), and the payment goes to $304/mo.

If the $4K up front covers all your taxes and fees (and, I'm guessing, the $1200 of remaining lease payments), then I don't see how they get to $350/mo.

Ask the dealer for the adjusted cap cost - if higher than the $35K you've given us, find out what's been added.

And, if something has been added, get a specific breakdown of what the $4000 at signing covers.

Thanks for the reply.. The 4K does cover all the taxes, fees, and the $1200 remaining. Is the $350 not right on what they offered? Or it's too low?

$350 is too high, based on the numbers given. Ask for the adjusted cap cost. That should tell us a lot.

jacktress1

Michaell said:

Leaving the taxes, fees, miles and such to the side, those prices and numbers give me a payment of $281/mo. The 3500 miles will reduce the residual by $875 (.25 per mile), and the payment goes to $304/mo. If the $4K up front covers all your taxes and fees (and, I'm guessing, the $1200 of remaining lease payments), then I don't see how they get to $350/mo. Ask the dealer for the adjusted cap cost - if higher than the $35K you've given us, find out what's been added. And, if something has been added, get a specific breakdown of what the $4000 at signing covers.

Thanks for the reply.. The 4K does cover all the taxes, fees, and the $1200 remaining. Is the $350 not right on what they offered? Or it's too low?

$350 is too high, based on the numbers given. Ask for the adjusted cap cost. That should tell us a lot.

Ok will do, thanks again 

sotiris

Thank-you!

Michaell

sotiris said:

Hello, curious if this is a decent offer.   MSRP 46,562.  36 month lease 12k miles.   0 down.   Taxes, tags, title,  etc.  All rolled into payments.   Only buying down the MF for the maximum 7 months.   Lease for 537 per month.   Thoughts? Thank you.  

What is the adjusted cap cost?

State and tax rate?

sotiris

42000 cap adjustment,  NJ 7% tax.   Thank you!

Michaell

Michaell said:

sotiris said:

Hello, curious if this is a decent offer.   MSRP 46,562.  36 month lease 12k miles.   0 down.   Taxes, tags, title,  etc.  All rolled into payments.   Only buying down the MF for the maximum 7 months.   Lease for 537 per month.   Thoughts? Thank you.  

What is the adjusted cap cost?

State and tax rate?

sotiris said:

42000 cap adjustment,  NJ 7% tax.   Thank you!

.00140 and 60%.

With your prices, I get $489/mo. Confirm the adjusted cap cost with the dealer; sounds like you may have rolled the taxes and fees into the payment.

tanger88

Can I please get some thoughts on this?

2017 BMW X1 x28i
Black Sapphire Metallic / Mocha Dakota Leather
Cold Weather Pkg, Driver Assistance, Luxury, Premium Package, Business Nav, Enhanced USB/BT
Accessories: Luggage Mat, Wheel Locks, 1st Aid Kit
MSRP $43,190
Selling Price $38,850

LEASE offer
3yr/10k mile
61% Residual
Acq Fee $925
MF=0.00091 (assumes $3500 security deposit)
Drive off: $4444.72 =sec deposit + 1st payment + doc fee + State DMV Fee $383
Monthly Payment = $433.20 + 33.57 tax.

Thanks

kyfdx

tanger88 said:

Can I please get some thoughts on this?

2017 BMW X1 x28i
Black Sapphire Metallic / Mocha Dakota Leather
Cold Weather Pkg, Driver Assistance, Luxury, Premium Package, Business Nav, Enhanced USB/BT
Accessories: Luggage Mat, Wheel Locks, 1st Aid Kit
MSRP $43,190
Selling Price $38,850

LEASE offer
3yr/10k mile
61% Residual
Acq Fee $925
MF=0.00091 (assumes $3500 security deposit)
Drive off: $4444.72 =sec deposit + 1st payment + doc fee + State DMV Fee $383
Monthly Payment = $433.20 + 33.57 tax.

Thanks

If I add the $925 acquisition fee to the sale price, I get the same payment to the penny.
10% off MSRP, too.

Looks great!

tanger88

Much appreciated!

projectm

Hi there,

Can you please provide residual and MF for a 2017 X1 xDrive28i with 36M/15k in San Diego, CA?


Thank you!

Michaell

projectm said:

Hi there,

Can you please provide residual and MF for a 2017 X1 xDrive28i with 36M/15k in San Diego, CA?


Thank you!

.00140 and 58%

projectm

Michaell said:

projectm said:

Hi there,

Can you please provide residual and MF for a 2017 X1 xDrive28i with 36M/15k in San Diego, CA?


Thank you!

.00140 and 58%

Thank you!

chusun90

Can you please provide the residual and MF for 2017 X1 AWD for 30/10 and 30/12? Thanks..

kyfdx

chusun90 said:

Can you please provide the residual and MF for 2017 X1 AWD for 30/10 and 30/12? Thanks..

.00140 MF and 64%/63% residual

kapkanimd

Do you happen to have the April numbers and rebates for 36mo @ 12k mi in FL.

Thank you again!

Michaell

kapkanimd said:

Do you happen to have the April numbers and rebates for 36mo @ 12k mi in FL.

Thank you again!

.00146 and 60%

herrdoktor

Do you have April numbers for 36/10k for the Xdrive X1? Thanks

kyfdx

herrdoktor said:

Do you have April numbers for 36/10k for the Xdrive X1? Thanks

.00146 MF and 61% residual

edmundsx1fan

Hello-

I wanted to get your thoughts on the below:

2017 BMW X1 x28i
Jet Black / Black Dakota Leather
Cold Weather Pkg, Luxury Package, Premium Package, Technology Package
MSRP $44,645
Selling Price $42,190 (invoice, including $1,000 market credit and all dealer fees)

LEASE offer
3yr/10k mile
61% Residual
MF=0.00097 (assumes $3,500 security deposit)
Drive off: $6,717.83 = sec deposit ($3,500) + 1st payment + State Sales Tax (NY, $1,532.78) + State DMV Fee ($306) + BMW Ban Fee ($925)
Monthly Payment = $454

Thanks so much.

kyfdx

edmundsx1fan said:

Hello-

I wanted to get your thoughts on the below:

2017 BMW X1 x28i
Jet Black / Black Dakota Leather
Cold Weather Pkg, Luxury Package, Premium Package, Technology Package
MSRP $44,645
Selling Price $42,190 (invoice, including $1,000 market credit and all dealer fees)

LEASE offer
3yr/10k mile
61% Residual
MF=0.00097 (assumes $3,500 security deposit)
Drive off: $6,717.83 = sec deposit ($3,500) + 1st payment + State Sales Tax (NY, $1,532.78) + State DMV Fee ($306) + BMW Ban Fee ($925)
Monthly Payment = $454

Thanks so much.

The $42,190 is evidently before adjusting for the $1000 market credit.
$41,190 CAP = $454/mo.
It's a decent deal. 5.5% off MSRP, and base money factor.

I would do one of two things:
a) Roll the sales tax into the lease. This will make the payment $498/mo. That won't change your MSDs, but will knock about $1500 off your upfront money.
b) Ask them to take another $150 off the price, which will drop your payment just below $450, and would require $350 less for MSDs. (7 X $450). Alternatively, you could make a $150 CAP cost reduction, but I like the idea of them giving you more off.

edmundsx1fan

kyfdx said:

edmundsx1fan said:

Hello-

I wanted to get your thoughts on the below:

2017 BMW X1 x28i
Jet Black / Black Dakota Leather
Cold Weather Pkg, Luxury Package, Premium Package, Technology Package
MSRP $44,645
Selling Price $42,190 (invoice, including $1,000 market credit and all dealer fees)

LEASE offer
3yr/10k mile
61% Residual
MF=0.00097 (assumes $3,500 security deposit)
Drive off: $6,717.83 = sec deposit ($3,500) + 1st payment + State Sales Tax (NY, $1,532.78) + State DMV Fee ($306) + BMW Ban Fee ($925)
Monthly Payment = $454

Thanks so much.

The $42,190 is evidently before adjusting for the $1000 market credit.
$41,190 CAP = $454/mo.
It's a decent deal. 5.5% off MSRP, and base money factor.

I would do one of two things:
a) Roll the sales tax into the lease. This will make the payment $498/mo. That won't change your MSDs, but will knock about $1500 off your upfront money.
b) Ask them to take another $150 off the price, which will drop your payment just below $450, and would require $350 less for MSDs. (7 X $450). Alternatively, you could make a $150 CAP cost reduction, but I like the idea of them giving you more off.

Thank you -- really appreciate your advice. You are correct regarding the invoice price -- it is $41,190 after the credit. Thanks again.

nuvynuv

Do you have April numbers for the Xdrive X1?

30 Months/12K
36 Months/12K

24 Months/10K
30 Months/10K
36 Months/10K

Thanks!

kyfdx

nuvynuv said:

Do you have April numbers for the Xdrive X1?

30 Months/12K
36 Months/12K

24 Months/10K
30 Months/10K
36 Months/10K

Thanks!

.00146 MF and 66%/63%/60% residual for 24/30/36 mo, 12K/yr
Add 1% for 10K/yr

shupoman

My dealer told me in April the residual goes to 58% with 36 months/10K. Is it true? He even showed me a spreadsheet listed all of these and from BMW of North America and is effective from April 3-May 1.

I am in North Carolina and the sales tax is 7%. So far didn't get any decent deal.

Michaell

shupoman said:

My dealer told me in April the residual goes to 58% with 36 months/10K. Is it true? He even showed me a spreadsheet listed all of these and from BMW of North America and is effective from April 3-May 1.

I am in North Carolina and the sales tax is 7%. So far didn't get any decent deal.

58% is the 36/15 residual; 36/10 is 61%.

shupoman

Michaell said:

shupoman said:

My dealer told me in April the residual goes to 58% with 36 months/10K. Is it true? He even showed me a spreadsheet listed all of these and from BMW of North America and is effective from April 3-May 1.

I am in North Carolina and the sales tax is 7%. So far didn't get any decent deal.

58% is the 36/15 residual; 36/10 is 61%.

Thank you. Want to know your thoughts on my current deal and how should I tweak it?

MSRP 44,385
Sales Price: 41,385
Aftermarkets: 933 (the dealer said they cannot totally remove these but can provide me extra money off)

Residual: 61%
Money factor: 0.00147 before I put 7 MSDs upfront

7 MSDs: 4,200
1st payment: 586.65
Upfront Charges: 126
Due on delivery: 4,912.65
Monthly payment: 586.65

I know it is obviously not a decent deal but want to know where to focus more to negotiate.
In NC and sales tax is 7%.

kyfdx

shupoman said:

Michaell said:

shupoman said:

My dealer told me in April the residual goes to 58% with 36 months/10K. Is it true? He even showed me a spreadsheet listed all of these and from BMW of North America and is effective from April 3-May 1.

I am in North Carolina and the sales tax is 7%. So far didn't get any decent deal.

58% is the 36/15 residual; 36/10 is 61%.

Thank you. Want to know your thoughts on my current deal and how should I tweak it?

MSRP 44,385
Sales Price: 41,385
Aftermarkets: 933 (the dealer said they cannot totally remove these but can provide me extra money off)

Residual: 61%
Money factor: 0.00147 before I put 7 MSDs upfront

7 MSDs: 4,200
1st payment: 586.65
Upfront Charges: 126
Due on delivery: 4,912.65
Monthly payment: 586.65

I know it is obviously not a decent deal but want to know where to focus more to negotiate.
In NC and sales tax is 7%.

The "aftermarkets" include the $925 acquisition fee. Not much they can do about that.
With a base MF of .00146, and .00097 MF after the MSD reduction, I get $491/mo.+tax.
$586 seems like too much.

Verify the actual money factor being used, after reduction for the MSDs. It should be .00097
I'll guess they are marking it up.
Make sure they are using the 61% residual

shupoman

Thanks. Got another deal also looks not good.

MSRP: 42,690
Discount: 3,200
Tint and prot: 698
Total: 40,188

Money Factor: 0.00147
With 7 MSDs upfront
Monthly: 535
Fee at Inception: 1,407.28
Drive off fee including MSDs: 5,150

I am starting to think something wrong here because I tried to negotiate on the sale price or provide MSDs but seems I got almost the same monthly payment....

kyfdx

shupoman said:

Thanks. Got another deal also looks not good.

MSRP: 42,690
Discount: 3,200
Tint and prot: 698
Total: 40,188

Money Factor: 0.00147
With 7 MSDs upfront
Monthly: 535
Fee at Inception: 1,407.28
Drive off fee including MSDs: 5,150

I am starting to think something wrong here because I tried to negotiate on the sale price or provide MSDs but seems I got almost the same monthly payment....

They are marking up the rate the maximum, then deducting for the MSDs. (actually, the maximum markup minus the MSDs should be .00137)
Good discount, but offsetting that with overpriced tint.

bellabella1

Hi, can I please get RV and MF for 2017 X1 S28i (with Msport) 36/10k in zip 90019

Michaell

bellabella1 said:

Hi, can I please get RV and MF for 2017 X1 S28i (with Msport) 36/10k in zip 90019

.00146 and 61%

jl321123

Hello, I could really use some quick input

Can you please tell me your thoughts on this deal:
2017 X1 xDrive 328i
MSRP 45,840
Sale Price 41,000
MF 0.00139
7 MSDs
RF: .58
Term: 36mo
Mi: 15k

Tax (VA): 2,502
"Fees": 2,026

Month 1: 627