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2017 BMW X1 Lease Deals and Prices

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  • eyorriolseyorriols Member Posts: 10
    kyfdx said:

    eyorriols said:

    I got these details on the phone from the dealer so don't have much more detail, but can you please let me know how this deal looks?

    X1 xDrive 28i S
    Cold weather package
    Driving assistance package
    Panoramic moonroof

    MSRP - $39,895
    Lease payment - $320
    Lease term - 36 mos/10K miles
    COD - $2800 - includes taxes, fees, first month payment, etc.

    What state and tax rate?
    NJ 6.37% - Thanks!
  • kyfdxkyfdx Moderator Posts: 236,830
    eyorriols said:

    kyfdx said:

    eyorriols said:

    I got these details on the phone from the dealer so don't have much more detail, but can you please let me know how this deal looks?

    X1 xDrive 28i S
    Cold weather package
    Driving assistance package
    Panoramic moonroof

    MSRP - $39,895
    Lease payment - $320
    Lease term - 36 mos/10K miles
    COD - $2800 - includes taxes, fees, first month payment, etc.

    What state and tax rate?
    NJ 6.37% - Thanks!
    .00150 MF and 61% residual

    Need a CAP cost of about $32,800 to get to $320/mo.
    That would be a good deal, if $2800 is the right amount to cover everything else.
    Ask for a breakdown of that amount, to make sure you aren't paying $299 for window etching or fabric protection or other garbage fees.

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  • eyorriolseyorriols Member Posts: 10
    Thanks!
  • eyorriolseyorriols Member Posts: 10
    kyfdx said:

    eyorriols said:

    kyfdx said:

    eyorriols said:

    I got these details on the phone from the dealer so don't have much more detail, but can you please let me know how this deal looks?

    X1 xDrive 28i S
    Cold weather package
    Driving assistance package
    Panoramic moonroof

    MSRP - $39,895
    Lease payment - $320
    Lease term - 36 mos/10K miles
    COD - $2800 - includes taxes, fees, first month payment, etc.

    What state and tax rate?
    NJ 6.37% - Thanks!
    .00150 MF and 61% residual

    Need a CAP cost of about $32,800 to get to $320/mo.
    That would be a good deal, if $2800 is the right amount to cover everything else.
    Ask for a breakdown of that amount, to make sure you aren't paying $299 for window etching or fabric protection or other garbage fees.
    Hi again - here is the breakout of fees. Make sense?

    First Month's Payment: $320.00
    Registration Fee: $304.50 (You'll probably get a small refund check of like $20 or so afterward, they overestimate it)
    Documents Fee: $399.00
    Tire Tax: $6.00
    Acquisition Fee: $925.00
    Luxury Tax: $54.39
    Cap Cost Reduction: $791.11 (This is the only one that's optional. If you don't want to put cap cost up front, it gets rolled into the payment)
  • kyfdxkyfdx Moderator Posts: 236,830
    eyorriols said:

    kyfdx said:

    eyorriols said:

    kyfdx said:

    eyorriols said:

    I got these details on the phone from the dealer so don't have much more detail, but can you please let me know how this deal looks?

    X1 xDrive 28i S
    Cold weather package
    Driving assistance package
    Panoramic moonroof

    MSRP - $39,895
    Lease payment - $320
    Lease term - 36 mos/10K miles
    COD - $2800 - includes taxes, fees, first month payment, etc.

    What state and tax rate?
    NJ 6.37% - Thanks!
    .00150 MF and 61% residual

    Need a CAP cost of about $32,800 to get to $320/mo.
    That would be a good deal, if $2800 is the right amount to cover everything else.
    Ask for a breakdown of that amount, to make sure you aren't paying $299 for window etching or fabric protection or other garbage fees.
    Hi again - here is the breakout of fees. Make sense?

    First Month's Payment: $320.00
    Registration Fee: $304.50 (You'll probably get a small refund check of like $20 or so afterward, they overestimate it)
    Documents Fee: $399.00
    Tire Tax: $6.00
    Acquisition Fee: $925.00
    Luxury Tax: $54.39
    Cap Cost Reduction: $791.11 (This is the only one that's optional. If you don't want to put cap cost up front, it gets rolled into the payment)
    That makes the price $800 higher than what I thought. Still a decent deal.
    I'd roll the $925 and $791 into the payment.
    That makes the payment about $371/mo, with about $1100 due at signing.

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  • eyorriolseyorriols Member Posts: 10
    kyfdx said:

    eyorriols said:

    kyfdx said:

    eyorriols said:

    kyfdx said:

    eyorriols said:

    I got these details on the phone from the dealer so don't have much more detail, but can you please let me know how this deal looks?

    X1 xDrive 28i S
    Cold weather package
    Driving assistance package
    Panoramic moonroof

    MSRP - $39,895
    Lease payment - $320
    Lease term - 36 mos/10K miles
    COD - $2800 - includes taxes, fees, first month payment, etc.

    What state and tax rate?
    NJ 6.37% - Thanks!
    .00150 MF and 61% residual

    Need a CAP cost of about $32,800 to get to $320/mo.
    That would be a good deal, if $2800 is the right amount to cover everything else.
    Ask for a breakdown of that amount, to make sure you aren't paying $299 for window etching or fabric protection or other garbage fees.
    Hi again - here is the breakout of fees. Make sense?

    First Month's Payment: $320.00
    Registration Fee: $304.50 (You'll probably get a small refund check of like $20 or so afterward, they overestimate it)
    Documents Fee: $399.00
    Tire Tax: $6.00
    Acquisition Fee: $925.00
    Luxury Tax: $54.39
    Cap Cost Reduction: $791.11 (This is the only one that's optional. If you don't want to put cap cost up front, it gets rolled into the payment)
    That makes the price $800 higher than what I thought. Still a decent deal.
    I'd roll the $925 and $791 into the payment.
    That makes the payment about $371/mo, with about $1100 due at signing.
    Ok thanks again. Definitely something to consider.
  • brendenlowbrendenlow Member Posts: 28
    Any help on RV/MF for an Xdrive 36 month /12K lease in SC/GA as well as the same for an S Drive?

    Also, is it true that the MSD program was eliminated last month?
  • kyfdxkyfdx Moderator Posts: 236,830

    Any help on RV/MF for an Xdrive 36 month /12K lease in SC/GA as well as the same for an S Drive?

    Also, is it true that the MSD program was eliminated last month?

    .00150 MF and 60% residual.

    Yes, the MSD program is gone.

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  • figjam88figjam88 Member Posts: 1
    edited June 2017
    First time trying to lease, but feel that the quote from the dealer is high. He is offering the following with MF of .0019 and $925 acquisition fee and sales tax of 6.25%.

    MSRP $46,395
    Less 4% $1855.80
    Rebate $1,000
    Sale Price $43,539.2

    $0 down 36 @ $706.68 w/15K mi.
    “ 36 @ $682.66 w/12K mi.
    “ 36 @ $670.65 w/10K mi.

    So question is what is the RV and MF for x1 sdrive in Texas (for 10k, 12k, 15k miles)? Also, what is the thinking on taxes pay up front or roll into the payment? It appears from his calculation that he is considering that we would roll the taxes into the monthly payment.

    And not to be greedy, but would be interested in knowing the same figures for an x3 sdrive as we are still deciding between the two vehicles.
  • kyfdxkyfdx Moderator Posts: 236,830
    figjam88 said:

    First time trying to lease, but feel that the quote from the dealer is high. He is offering the following with MF of .0019 and $925 acquisition fee and sales tax of 6.25%.

    MSRP $46,395
    Less 4% $1855.80
    Rebate $1,000
    Sale Price $43,539.2

    $0 down 36 @ $706.68 w/15K mi.
    “ 36 @ $682.66 w/12K mi.
    “ 36 @ $670.65 w/10K mi.

    So question is what is the RV and MF for x1 sdrive in Texas (for 10k, 12k, 15k miles)? Also, what is the thinking on taxes pay up front or roll into the payment? It appears from his calculation that he is considering that we would roll the taxes into the monthly payment.

    And not to be greedy, but would be interested in knowing the same figures for an x3 sdrive as we are still deciding between the two vehicles.

    .00150 MF and 58% residual
    Are you in Texas? If so, tax is assessed against the full selling price.
    Definitely roll into the payment.
    Shoot for 6%-7% off, before deducting rebate.
    Add 3% or 2% for 10K or 12K/yr.

    X3 discussion is here:
    https://forums.edmunds.com/discussion/40854/bmw/x3/2017-bmw-x3-lease-questions#latest

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  • beamer13beamer13 Member Posts: 1
    How is this deal for 36/10K on AWD model

    $46,575 MSRP
    $40,100 Sales price
    $28,410 Residual
    0.00150 MF

    Due at sign:
    $1,287 Sales tax
    $925 Lease acquisition fee
    $305 registration
    $299 Dealer doc fee
    $425 1st payment
  • MichaellMichaell Moderator Posts: 241,065
    beamer13 said:

    How is this deal for 36/10K on AWD model

    $46,575 MSRP
    $40,100 Sales price
    $28,410 Residual
    0.00150 MF

    Due at sign:
    $1,287 Sales tax
    $925 Lease acquisition fee
    $305 registration
    $299 Dealer doc fee
    $425 1st payment

    I get $427/mo with those numbers.

    We'd suggest you addthe sales tax, acquisition fee and dealer doc fee to the selling price. Your payment will go up to $501, but your out of pocket costs drop to $806.

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  • tee_dee_7tee_dee_7 Member Posts: 29
    Hi All-

    June MF/RV FOR
    BMW X1 2017
    36mo/15k
    Both power-trains please
    New Jersey

  • MichaellMichaell Moderator Posts: 241,065
    tee_dee_7 said:

    Hi All-

    June MF/RV FOR
    BMW X1 2017
    36mo/15k
    Both power-trains please
    New Jersey

    .00150 and 58%

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  • tee_dee_7tee_dee_7 Member Posts: 29
    Michaell said:

    tee_dee_7 said:

    Hi All-

    June MF/RV FOR
    BMW X1 2017
    36mo/15k
    Both power-trains please
    New Jersey

    .00150 and 58%
    thank you
  • namusaodnamusaod Member Posts: 2
    Hi All, I am from Nashville,TN. I decided to go for BMW X1 2017 AWD for lease - 36 Months/10K Miles. 3500 $ down. I would like finish my purchase in the next 5 Days. Can you please help me know :
    What is the best MF/RV that I can consider as a good deal and go ahead ? Thanks in advance.
  • MichaellMichaell Moderator Posts: 241,065
    namusaod said:

    Hi All, I am from Nashville,TN. I decided to go for BMW X1 2017 AWD for lease - 36 Months/10K Miles. 3500 $ down. I would like finish my purchase in the next 5 Days. Can you please help me know :
    What is the best MF/RV that I can consider as a good deal and go ahead ? Thanks in advance.

    .00150 and 61%

    We don't recommend a down payment on a lease. That money would be lost if the car is stolen or totaled.

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  • namusaodnamusaod Member Posts: 2
    Michaell said:

    namusaod said:

    Hi All, I am from Nashville,TN. I decided to go for BMW X1 2017 AWD for lease - 36 Months/10K Miles. 3500 $ down. I would like finish my purchase in the next 5 Days. Can you please help me know :
    What is the best MF/RV that I can consider as a good deal and go ahead ? Thanks in advance.

    .00150 and 61%

    We don't recommend a down payment on a lease. That money would be lost if the car is stolen or totaled.
    Thank you Mr.Michaell , I will try to ask the sales person on No Down payment Option. As of now BMW of Nashville is having special only with 3500 down for X1. I will to see what happens and I shall update the info here.
  • boston2017boston2017 Member Posts: 2
    Can you confirm lease rates for June. Looking at a X1 36 months/10 year. Dealer told me .00190 and 61%.

    Thanks
  • MichaellMichaell Moderator Posts: 241,065

    Can you confirm lease rates for June. Looking at a X1 36 months/10 year. Dealer told me .00190 and 61%.

    Thanks

    Base MF this month is .00150; dealer can mark up as much as .00040 for extra profit.

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  • cobm428cobm428 Member Posts: 6
    Hi! are security deposits allow still?
  • MichaellMichaell Moderator Posts: 241,065
    cobm428 said:

    Hi! are security deposits allow still?

    BMW has discontinued their MSD program.

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  • cobm428cobm428 Member Posts: 6
    Michaell said:

    cobm428 said:

    Hi! are security deposits allow still?

    BMW has discontinued their MSD program.
    Thank you so much!
  • MG2017MG2017 Member Posts: 13
    Hi,

    Please provide MF & RV for 36/7.5k miles 2017 X1 in NJ.
  • MichaellMichaell Moderator Posts: 241,065
    MG2017 said:

    Hi,

    Please provide MF & RV for 36/7.5k miles 2017 X1 in NJ.

    No 7500 mile allowance for the X1

    36/10 numbers are .00150 and 61%

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  • kckid007kckid007 Member Posts: 3
    Hello,

    Please provide the MF and RV for 24/15k miles 2017 X1 in NJ.

    Thanking you.
  • MichaellMichaell Moderator Posts: 241,065
    kckid007 said:

    Hello,

    Please provide the MF and RV for 24/15k miles 2017 X1 in NJ.

    Thanking you.

    .00150 and 64%

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  • MG2017MG2017 Member Posts: 13
    New to leasing, so please excuse for this generic lease related question. Assuming a leased car gets into an accident and is fully insured and gets fixed back to new. One would assume due to the accident history, the RV would go lower. Who takes the hit for the lower RV?
  • kyfdxkyfdx Moderator Posts: 236,830
    MG2017 said:

    New to leasing, so please excuse for this generic lease related question. Assuming a leased car gets into an accident and is fully insured and gets fixed back to new. One would assume due to the accident history, the RV would go lower. Who takes the hit for the lower RV?

    If the repairs are done properly, you just turn it back in at lease end. It's the bank's problem, not yours.
    (one of the advantages of leasing)

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  • MG2017MG2017 Member Posts: 13

    kyfdx said:

    New to leasing, so please excuse for this generic lease related question. Assuming a leased car gets into an accident and is fully insured and gets fixed back to new. One would assume due to the accident history, the RV would go lower. Who takes the hit for the lower RV?


    If the repairs are done properly, you just turn it back in at lease end. It's the bank's problem, not yours.
    (one of the advantages of leasing)


    Thank you 
  • msusox80msusox80 Member Posts: 17
    Hello,
    could I get June MF/residual on a 36/12 AWD and any lease incentives? Thanks? Or if July numbers are available yet?
  • kyfdxkyfdx Moderator Posts: 236,830
    msusox80 said:

    Hello,
    could I get June MF/residual on a 36/12 AWD and any lease incentives? Thanks? Or if July numbers are available yet?

    June programs run through the Holiday.

    .00150 MF and 60% residual

    Don't have the incentive information.

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  • lesliechaulesliechau Member Posts: 4
    Any news on the July programs? 36/12 sDrive

    Thank you!
  • MichaellMichaell Moderator Posts: 241,065

    Any news on the July programs? 36/12 sDrive

    Thank you!

    .00151 and 60%

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  • wco81wco81 Member Posts: 590
    I don't see a 2018 X1 lease thread so I'm posting here:

    Looking at 2018 sDrive28i with metallic paint and no other options or packages.

    BMWUSA site shows $38,050 MSRP.

    Quote I got with just first payment and DMV fees for 36 months, 10k miles per year is:

    $944 at inception which includes the first month
    $514.06 per month, including sales tax for CA (Bay Area).

    The only other fees cited is "$350 disposition fee plus any wear and tear to the car" at the end of the lease.

    This is a quote for European Delivery.

    I know with the first of a new model year, the lease deals aren't as good. But this seems high to me, even with the ED discount.
  • kyfdxkyfdx Moderator Posts: 236,830
    wco81 said:

    I don't see a 2018 X1 lease thread so I'm posting here:

    Looking at 2018 sDrive28i with metallic paint and no other options or packages.

    BMWUSA site shows $38,050 MSRP.

    Quote I got with just first payment and DMV fees for 36 months, 10k miles per year is:

    $944 at inception which includes the first month
    $514.06 per month, including sales tax for CA (Bay Area).

    The only other fees cited is "$350 disposition fee plus any wear and tear to the car" at the end of the lease.

    This is a quote for European Delivery.

    I know with the first of a new model year, the lease deals aren't as good. But this seems high to me, even with the ED discount.

    .00151 MF and 59% residual
    ED adds .00030 to that money factor.

    It's not a cheap lease payment, but we don't know the selling price or adjusted CAP cost to see where the issue is.
    Also, tax rate?

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  • kyfdxkyfdx Moderator Posts: 236,830
    If you have more to discuss on the 2018 model, please take it here:
    https://forums.edmunds.com/discussion/46418/bmw/x1/2018-bmw-x1-lease-questions/p1?new=1

    Thanks!

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  • mtotessmtotess Member Posts: 1
    How is this deal on a 36/ 12k for a 2017 x1
    it seems extremely high and i can't seem to get their numbers

    MSRP: $47060
    Sales Price: 42885

    Sales Tax: 3688.12
    License Fee: 8.25
    Postage: $1.50
    Tire Fee: 5.00
    Doc Fee: 499
    Lieu Tax: 600.60
    Air Quality: 1.50
    Title Fee: 4.00

    Total: $47692.97

    They said Residual is 60% and MF is 0.00191
    $0 down lease they said would come out to $682 incl Tax
    This is in Tucson,AZ
    thanks

    Also i asked about the money factor but he said the credit was 704 so that was the minimum money factor that we could get on that credit score. Is that true
  • MichaellMichaell Moderator Posts: 241,065
    mtotess said:

    How is this deal on a 36/ 12k for a 2017 x1
    it seems extremely high and i can't seem to get their numbers

    MSRP: $47060
    Sales Price: 42885

    Sales Tax: 3688.12
    License Fee: 8.25
    Postage: $1.50
    Tire Fee: 5.00
    Doc Fee: 499
    Lieu Tax: 600.60
    Air Quality: 1.50
    Title Fee: 4.00

    Total: $47692.97

    They said Residual is 60% and MF is 0.00191
    $0 down lease they said would come out to $682 incl Tax
    This is in Tucson,AZ
    thanks

    Also i asked about the money factor but he said the credit was 704 so that was the minimum money factor that we could get on that credit score. Is that true

    For starters, AZ taxes the monthly payment, so the "total" amount you list is incorrect.

    Ask the dealer for the adjusted cap cost; that should clear things up.

    Any credit score over 700 qualifies you for the top tier MF - which is .00151 this month. Dealer is marking that up for extra profit.

    Keep chipping away at the numbers; if they refuse to play ball, check with dealers around Phoenix. Only takes one to make a deal on your terms.

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  • alisonf18laalisonf18la Member Posts: 5
    Hi! Looking into leasing a 2017 BMW X1 in the Bay Area. With $2500 down payment, 10k miles a year, and 36 month lease, what would be a good deal?
  • MichaellMichaell Moderator Posts: 241,065

    Hi! Looking into leasing a 2017 BMW X1 in the Bay Area. With $2500 down payment, 10k miles a year, and 36 month lease, what would be a good deal?

    .00151 and 61%

    Need the MSRP and selling price / cap cost in order to model a payment.

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  • alisonf18laalisonf18la Member Posts: 5
    MSRP $34,895, selling price $31,000. Thank you so much!
  • kyfdxkyfdx Moderator Posts: 236,830

    MSRP $34,895, selling price $31,000. Thank you so much!

    $329/mo+ tax, if the adjusted CAP cost is $30,300 (putting $700 of the upfront money as CAP cost reduction)

    $2500 upfront = $355 1st payment + $520 DMV/doc fees + $925 acquisition fee + $700 CCR

    So, around $355/mo. assuming 8% tax and $2500 due at signing.

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  • spartan85spartan85 Member Posts: 55
    What are lease numbers for 2017 BMW X1 for 36/10 in FL?
  • kyfdxkyfdx Moderator Posts: 236,830
    spartan85 said:

    What are lease numbers for 2017 BMW X1 for 36/10 in FL?

    .00151 MF and 61% residual

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  • extend2goextend2go Member Posts: 20
    Could you let me know lease numbers for a 2017 BMW X1 AWD in NJ?(36/12 and 24/12) And please let me know any current incentives as well. Thanks in advance!
  • MichaellMichaell Moderator Posts: 241,065
    extend2go said:

    Could you let me know lease numbers for a 2017 BMW X1 AWD in NJ?(36/12 and 24/12) And please let me know any current incentives as well. Thanks in advance!

    .00151 and 60% / 66%

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  • tomaxtomax Member Posts: 37
    Hi. What is the current MF and depreciation in NY/NJ for 36/12K & 10K lease and any incentives? Looking at my second X1. Also, does BMW extend leases? Thanks
  • kyfdxkyfdx Moderator Posts: 236,830
    tomax said:

    Hi. What is the current MF and depreciation in NY/NJ for 36/12K & 10K lease and any incentives? Looking at my second X1. Also, does BMW extend leases? Thanks

    .00151 MF and 60%/61% residual.

    If you have another vehicle on order, BMW will extend your current lease.

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  • tomaxtomax Member Posts: 37
    Also, on a 2017 demo model, should the Residual % change or is it just an adjustment for mileage or both? Thanks again!
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