2017 BMW X1 Lease Deals and Prices

Michaell

kosta698 said:

Hi, What is considered a great deal on 2017 BMW X1? What % off the MSRP? Thank you!

7% or more off MSRP plus any available incentives

kosta698

Thank you! That is a little surprising. I got an initial quote for about 8% off MSRP plus $1,000 rebate and I am sure they can do better than that.

Michaell

kosta698 said:

Thank you! That is a little surprising. I got an initial quote for about 8% off MSRP plus $1,000 rebate and I am sure they can do better than that.

At the end of the model year, our price targets sometimes go out the window...

Keep pushing, and let us know where you end up.

egiles16

The lease on my mother's 2014 528i M Sport is almost up, and her plan is to downsize into something a bit smaller and easier to get in and out of. So, it looks like an X1 will be her next BMW.

This is the first offer from a dealer in Alabama (we live in Mississippi):

2017 X1 sDrive 2.8i 36 month/10k year lease
MSRP: $40,590
Cap Cost: $36,590 ($4k dealer discount)
Lease Credit: $1000
Net Cap Cost: $35,950
$599 Doc Fee
$925 Acquisition Fee (rolled into lease)
Money Factor: .00151
61% Residual
5% State Sales Tax
No additional cap cost reduction

Monthly Payment (including tax): $440.01
Total drive off: $1089.01 (First months payment + Doc Fee +$50 in upfront taxes)

Unfortunately she isn't eligible for any other discounts, such as USAA, etc. I still think their initial offer is pretty decent, as the total discount with the lease credit is just over 11% off of MSRP. I also like the fact of no markup on the money factor. I am going to try for a little more of a discount to offset the ridiculous doc fee, but I still believe this is a good deal overall in the existing BMW lease climate.

Michaell

egiles16 said:

The lease on my mother's 2014 528i M Sport is almost up, and her plan is to downsize into something a bit smaller and easier to get in and out of. So, it looks like an X1 will be her next BMW.

This is the first offer from a dealer in Alabama (we live in Mississippi):

2017 X1 sDrive 2.8i 36 month/10k year lease
MSRP: $40,590
Cap Cost: $36,590 ($4k dealer discount)
Lease Credit: $1000
Net Cap Cost: $35,950
$599 Doc Fee
$925 Acquisition Fee (rolled into lease)
Money Factor: .00151
61% Residual
5% State Sales Tax
No additional cap cost reduction

Monthly Payment (including tax): $440.01
Total drive off: $1089.01 (First months payment + Doc Fee +$50 in upfront taxes)

Unfortunately she isn't eligible for any other discounts, such as USAA, etc. I still think their initial offer is pretty decent, as the total discount with the lease credit is just over 11% off of MSRP. I also like the fact of no markup on the money factor. I am going to try for a little more of a discount to offset the ridiculous doc fee, but I still believe this is a good deal overall in the existing BMW lease climate.

All looks good, but why not roll the doc fee into the lease payment as well? Drive off is cut in half, and the payment only goes up about $15-20/mo

bpowell84

Good Morning ...can you please post the RV & MF for 2017 X1 sDrive28i Tampa Florida, 30/12 and 30/10 thank you 

kyfdx

bpowell84 said:

Good Morning ...can you please post the RV & MF for 2017 X1 sDrive28i Tampa Florida, 30/12 and 30/10 thank you 

.00152 MF and 63%/64% residual

citadel614

Do we have a thread for 2018 X1 Lease deals? Looking for an X1 xDrive 36/10 in Virginia. MF and RV?

Michaell

citadel614 said:

Do we have a thread for 2018 X1 Lease deals? Looking for an X1 xDrive 36/10 in Virginia. MF and RV?

Right here:

https://forums.edmunds.com/discussion/46418/bmw/x1/2018-bmw-x1-lease-questions#latest

kosta698

Could you please provide the September MF & residual on a 2017 X1 sDrive28i... 36/10, 36/15 for South Carolina? Thank you!

Michaell

kosta698 said:

Could you please provide the September MF & residual on a 2017 X1 sDrive28i... 36/10, 36/15 for South Carolina? Thank you!

.00152 and 61% / 58%

dachapa

Could you please provide the September MF & residual on a 2017 X1 sDrive28i 36/12 for Houston?

The deal they have right now looks good, but that's more money down that I would like to put down.

Michaell

dachapa said:

Could you please provide the September MF & residual on a 2017 X1 sDrive28i 36/12 for Houston?

The deal they have right now looks good, but that's more money down that I would like to put down.

.00152 and 60%

flackbocus

Looking for your help to provide the September MF & residual on a 2017 X1 xDrive28i 36/12 and 36/10 for Chicago.

flackbocus

Also, does the purchase of a demo vehicle (less than 5k miles) affect the MF and residual calculation?

Michaell

flackbocus said:

Looking for your help to provide the September MF & residual on a 2017 X1 xDrive28i 36/12 and 36/10 for Chicago.

.00152 and 60% / 61%

flackbocus said:

Also, does the purchase of a demo vehicle (less than 5k miles) affect the MF and residual calculation?

The residual is knocked down .25/mile for each mile under 5000. Over 5000, then there is a residual adjustment, plus the per mile deduct.

jrasero23

any incentives for 2017 BMW X1 xDrive28i NY?

looking for 36 months, 12K a year

What is MF, residuals

kyfdx

jrasero23 said:

any incentives for 2017 BMW X1 xDrive28i NY?

looking for 36 months, 12K a year

What is MF, residuals

.00152 MF and 60% residual
We show a $1000 lease incentive, but check with the dealer.
BMW seems to be adding incentives, mid-month, but we don't have the details

schnauzer01

BMW X1 Residual, MF, and Incentives.

I asked a series of questions this time last month. I'm back in the hunt. It appears that the only difference is the .00152 vs .00151 from last month. Is that the case?

Also, I see where a 30 month lease is available. I wasn't aware. With the different residuals, will the 36 month still offer the lowest payment?

Thank you.

kyfdx

schnauzer01 said:

BMW X1 Residual, MF, and Incentives.

I asked a series of questions this time last month. I'm back in the hunt. It appears that the only difference is the .00152 vs .00151 from last month. Is that the case?

Also, I see where a 30 month lease is available. I wasn't aware. With the different residuals, will the 36 month still offer the lowest payment?

Thank you.

.00152 MF and 58% residual for 36/15.

30 month residuals are just 3% higher. 36 months will be less.

schnauzer01

Aside from the $1000 Lease invective on a 2017 and without military or graduate, are there any other incentives available? 

kyfdx

schnauzer01 said:

Aside from the $1000 Lease invective on a 2017 and without military or graduate, are there any other incentives available? 

We don't have any other info on BMW incentives, but have seen anecdotal evidence of mid-month additions. So, go in with an open mind. 0%/72 month financing on service loaners was just announced, this past week.

chreeos

Hi - 

What is the MF / Residual for a 2017 BMW X1 xDrive28i, in Connecticut for 36/12? Thank you

Michaell

chreeos said:

Hi - 

What is the MF / Residual for a 2017 BMW X1 xDrive28i, in Connecticut for 36/12? Thank you

.00152 and 60%

chreeos

Received this initial offer for a 2017 X1 xDrive28i in CT for 36/12, Please let me know your thoughts or if you need more info.

MSRP/Retail: $47195.00
Selling Price: $44835.00
Rebate: $1000.00
Total Savings + Rebate: $3360.00
Net Trade: $0.00
Total Due at Signing: $756.34
Total Payment: $642.91
Residual Value: $28317.00

Michaell

chreeos said:

Received this initial offer for a 2017 X1 xDrive28i in CT for 36/12, Please let me know your thoughts or if you need more info.

MSRP/Retail: $47195.00
Selling Price: $44835.00
Rebate: $1000.00
Total Savings + Rebate: $3360.00
Net Trade: $0.00
Total Due at Signing: $756.34
Total Payment: $642.91
Residual Value: $28317.00

What lease term and how many miles per year?

chreeos

Michaell said:

Received this initial offer for a 2017 X1 xDrive28i in CT for 36/12, Please let me know your thoughts or if you need more info. MSRP/Retail: $47195.00 Selling Price: $44835.00 Rebate: $1000.00 Total Savings + Rebate: $3360.00 Net Trade: $0.00 Total Due at Signing: $756.34 Total Payment: $642.91 Residual Value: $28317.00

What lease term and how many miles per year?

it's for 36 months 12K/yr

Michaell

chreeos said:

Michaell said:

chreeos said:

Received this initial offer for a 2017 X1 xDrive28i in CT for 36/12, Please let me know your thoughts or if you need more info.

MSRP/Retail: $47195.00
Selling Price: $44835.00
Rebate: $1000.00
Total Savings + Rebate: $3360.00
Net Trade: $0.00
Total Due at Signing: $756.34
Total Payment: $642.91
Residual Value: $28317.00

What lease term and how many miles per year?

it's for 36 months 12K/yr

What is the adjusted cap cost, with fees added in?

schnauzer01

I appreciate that you don't have a crystal ball, but do you think that there will be a rate or residual change for the 2017 X1 for October? I really wanted to work on this, but Hurricane Irma has been all consuming. Thanks for your input.

Michaell

schnauzer01 said:

I appreciate that you don't have a crystal ball, but do you think that there will be a rate or residual change for the 2017 X1 for October? I really wanted to work on this, but Hurricane Irma has been all consuming. Thanks for your input.

My guess - and guesses are three for a nickel- is that there are not likely to be any big changes to either MF or residual, next month.

sk12

Talking to a dealer on a deal for a gently used 2017 which is being used as a loaner. Are the MF / Residuals on 2017 demos / loaners that same as for the new 2017s? If not what would it be for a 10k lease.

Also does the 3 year maintenance plan that comes with new cars transfer over?

Michaell

sk12 said:

Talking to a dealer on a deal for a gently used 2017 which is being used as a loaner. Are the MF / Residuals on 2017 demos / loaners that same as for the new 2017s? If not what would it be for a 10k lease.

Also does the 3 year maintenance plan that comes with new cars transfer over?

If it is a service loaner, then it still qualifies for the new car lease programs

.00152 and 61%

There will be an adjusted to the residual for the miles on the car - how many miles does it have?

sk12

4000

Michaell

sk12 said:

4000

Deduct an additional $1000 from the calculated residual to account for the miles.

flackbocus

Have their been any October changes to Mf, reasidual, or incentives for a 2017 x1?  Thanks

kyfdx

flackbocus said:

Have their been any October changes to Mf, reasidual, or incentives for a 2017 x1?  Thanks

No changes

ohwellreuel

Hello, just wanted to check if this was a good deal for a previous loaner with 3500 miles

36 months/36000 miles
MSRP is $44,495 selling at $41,000.
Residual is 60% of MSRP,
MF is .00152
BMW gives you $1,000 cash down which is already included
doc fee of $172.15 and whatever IN plate fees would be.
IN has an excise tax that caps out at $600. no more than $1,500 due at signing
IN lease 36 months/36,000 miles
$0 cap cost reduction

Sorry some of the information are not specific but I could get more if needed

Michaell

ohwellreuel said:

Hello, just wanted to check if this was a good deal for a previous loaner with 3500 miles

36 months/36000 miles
MSRP is $44,495 selling at $41,000.
Residual is 60% of MSRP,
MF is .00152
BMW gives you $1,000 cash down which is already included
doc fee of $172.15 and whatever IN plate fees would be.
IN has an excise tax that caps out at $600. no more than $1,500 due at signing
IN lease 36 months/36,000 miles
$0 cap cost reduction

Sorry some of the information are not specific but I could get more if needed

What is the adjusted cap cost, with taxes and fees added in?

The residual value will be adjusted by $875 to account for the miles.

Almost 8% off sticker - do you know how much of a discount they are offering on a "new" unit without the loaner miles?

And, last question, what payment did the dealer quote you?

kyfdx

@ohwellreuel Selling price seems kind of high for a service loaner.

For a comparison, bought an X3 service loaner last month with 4400 miles. Selling price was about 15% off MSRP, before rebates.

ohwellreuel

Hello, Thanks for replying. He quoted 560 per month. I will ask for the other information.

corolla4eliza

Curious about MF and residual on a 2017 X1 xDrive 36/12k in Northern California. Thanks!

Michaell

corolla4eliza said:

Curious about MF and residual on a 2017 X1 xDrive 36/12k in Northern California. Thanks!

.00152 and 60%

kamikaze88

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

Michaell

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

kamikaze88

Michaell said:

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

I am not sure if I did the math right. This is what I got:
1st model) M Sport package: $499/month with 2500 3000 due at signing (corrected the down payment)
adjusted cap cost = $36715 ($40715 (sale price) - $3000 (cash) - $1000 (rebate))

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $36821 ($40795 (sale price) - $2974 (down) - $1000 (rebate))

Thanks!

Michaell

kamikaze88 said:

Michaell said:

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

I am not sure if I did the math right. This is what I got:
1st model) M Sport package: $499/month with 2500 3000 due at signing (corrected the down payment)
adjusted cap cost = $36715 ($40715 (sale price) - $3000 (cash) - $1000 (rebate))

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $36821 ($40795 (sale price) - $2974 (down) - $1000 (rebate))

Thanks!

You also have to add in any taxes or fees that are not covered by the up front cash.

kamikaze88

Michaell said:

kamikaze88 said:

Michaell said:

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

I am not sure if I did the math right. This is what I got:
1st model) M Sport package: $499/month with 2500 3000 due at signing (corrected the down payment)
adjusted cap cost = $36715 ($40715 (sale price) - $3000 (cash) - $1000 (rebate))

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $36821 ($40795 (sale price) - $2974 (down) - $1000 (rebate))

Thanks!

You also have to add in any taxes or fees that are not covered by the up front cash.

1st model) M Sport package: $499/month with 3000 due at signing
adjusted cap cost = $39827 (including sale price, tag fee ($351), taxes ($2460.9), and doc fee minus down and rebate)

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $39938 (including sale price, tag fee ($351), taxes ($2465.7), and doc fee minus down and rebate)

Michaell

kamikaze88 said:

Michaell said:

kamikaze88 said:

Michaell said:

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

I am not sure if I did the math right. This is what I got:
1st model) M Sport package: $499/month with 2500 3000 due at signing (corrected the down payment)
adjusted cap cost = $36715 ($40715 (sale price) - $3000 (cash) - $1000 (rebate))

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $36821 ($40795 (sale price) - $2974 (down) - $1000 (rebate))

Thanks!

You also have to add in any taxes or fees that are not covered by the up front cash.

1st model) M Sport package: $499/month with 3000 due at signing
adjusted cap cost = $39827 (including sale price, tag fee ($351), taxes ($2460.9), and doc fee minus down and rebate)

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $39938 (including sale price, tag fee ($351), taxes ($2465.7), and doc fee minus down and rebate)

1) I get $457/mo with the supplied MSRP and adjusted cap
2) I get $458/mo with the supplied MSRP and adjusted cap

Something seems off ... you sure the dealer is using the base MF of .00152?

kamikaze88

Michaell said:

kamikaze88 said:

Michaell said:

kamikaze88 said:

Michaell said:

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

I am not sure if I did the math right. This is what I got:
1st model) M Sport package: $499/month with 2500 3000 due at signing (corrected the down payment)
adjusted cap cost = $36715 ($40715 (sale price) - $3000 (cash) - $1000 (rebate))

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $36821 ($40795 (sale price) - $2974 (down) - $1000 (rebate))

Thanks!

You also have to add in any taxes or fees that are not covered by the up front cash.

1st model) M Sport package: $499/month with 3000 due at signing
adjusted cap cost = $39827 (including sale price, tag fee ($351), taxes ($2460.9), and doc fee minus down and rebate)

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $39938 (including sale price, tag fee ($351), taxes ($2465.7), and doc fee minus down and rebate)

1) I get $457/mo with the supplied MSRP and adjusted cap
2) I get $458/mo with the supplied MSRP and adjusted cap

Something seems off ... you sure the dealer is using the base MF of .00152?

I listed all the numbers given by the dealer. May I know what's wrong? Thanks

Michaell

kamikaze88 said:

Michaell said:

kamikaze88 said:

Michaell said:

kamikaze88 said:

Michaell said:

kamikaze88 said:

Would like to check if these are good deal for leasing 2017 X1 xDrive
Registered state: Maryland
36 months
10k miles per year
Acquisition Fee included in lease: $925
Doc fee: $300
Residual is 0.61
MF is .00152
$1000 rebate

Dealer quoted:
1st model) M Sport package: $499/month with 2500 due at signing
MSRP is $44290 selling at $40715

2nd model) xLine Premium package: $499/month with $2974 due at signing
MSRP is $44445 selling at $40795

Thanks a lot!

What is the adjusted cap cost? My guess is that the due at signing amounts are not enough to cover the up front costs - $925 acquisition fee, sales tax on full selling price, DMV costs, first payment.

I confirm the MF and residual value.

I am not sure if I did the math right. This is what I got:
1st model) M Sport package: $499/month with 2500 3000 due at signing (corrected the down payment)
adjusted cap cost = $36715 ($40715 (sale price) - $3000 (cash) - $1000 (rebate))

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $36821 ($40795 (sale price) - $2974 (down) - $1000 (rebate))

Thanks!

You also have to add in any taxes or fees that are not covered by the up front cash.

1st model) M Sport package: $499/month with 3000 due at signing
adjusted cap cost = $39827 (including sale price, tag fee ($351), taxes ($2460.9), and doc fee minus down and rebate)

2nd model) xLine Premium package: $499/month with $2974 due at signing
adjusted cap cost = $39938 (including sale price, tag fee ($351), taxes ($2465.7), and doc fee minus down and rebate)

1) I get $457/mo with the supplied MSRP and adjusted cap
2) I get $458/mo with the supplied MSRP and adjusted cap

Something seems off ... you sure the dealer is using the base MF of .00152?

I listed all the numbers given by the dealer. May I know what's wrong? Thanks

There are only 4 numbers used in the calculation of a lease payment:

1. MSRP
2. Adjusted cap cost
3. Money Factor
4. Residual Value

(1) and (4) are fixed, so only (2) or (3) can affect the lease payment. Confirm the numbers the dealer is using.