2016 X1 Lease in Illinois Questions

ypalchiypalchi Member Posts: 4
edited August 2016 in BMW
Hello-

I am looking for a 2016 X1 Lease in Illinois.

I want a fully loaded X1 with navigation and technology package.

What would be a reasonable monthly lease for 3 years, 12,000 miles in IL?

Thank you so much in advance!
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Answers

  • kyfdxkyfdx Moderator Posts: 268,421
    ypalchi said:

    Hello-

    I am looking for a 2016 X1 Lease in Illinois.

    I want a fully loaded X1 with navigation and technology package.

    What would be a reasonable monthly lease for 3 years, 12,000 miles in IL?

    Thank you so much in advance!

    .00137 MF and 62% residual.

    To calculate a payment, we need the MSRP and a proposed selling price.

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  • ypalchiypalchi Member Posts: 4
    Ok I will get that.

    Is the money factor and residual the same for X5?
  • MichaellMichaell Moderator Posts: 265,614
    ypalchi said:

    Ok I will get that.

    Is the money factor and residual the same for X5?

    .00137 and 59% for 36/12 on the X5

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  • ypalchiypalchi Member Posts: 4
    If the MSRP on the X5 is $44,000....what would be a good deal?
  • MichaellMichaell Moderator Posts: 265,614
    ypalchi said:

    If the MSRP on the X5 is $44,000....what would be a good deal?

    Did you mean X1?

    For BMW, anything above 7% discount from sticker is doing really well.

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  • ypalchiypalchi Member Posts: 4
    From the base price and then add options or off of MSRP + Options?
  • MichaellMichaell Moderator Posts: 265,614
    ypalchi said:

    From the base price and then add options or off of MSRP + Options?

    7% off the total sticker price (base + options + destination)

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  • torosashatorosasha Member Posts: 7
    Hi, what is the MF & residual in Sept. for 36 months on 2016 x1. Are you aware of any dealer incentives or hold backs? Also, which provides better residual, 36 mo or 48? Thx!
  • kyfdxkyfdx Moderator Posts: 268,421
    torosasha said:

    Hi, what is the MF & residual in Sept. for 36 months on 2016 x1. Are you aware of any dealer incentives or hold backs? Also, which provides better residual, 36 mo or 48? Thx!

    .00136 MF and 60% residual for 36/15.
    $2000 option allowance.

    BMW doesn't offer any viable lease programs for longer than 36 months.

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  • torosashatorosasha Member Posts: 7
    May I get mf & residual for the following:

    2016 X1 36/10k

    2017 X1 36/10k
  • MichaellMichaell Moderator Posts: 265,614
    torosasha said:

    May I get mf & residual for the following:

    2016 X1 36/10k

    2017 X1 36/10k

    2016 - .00136 and 63%. $2000 option allowance.

    2017 discussion is here:

    http://forums.edmunds.com/discussion/42131/bmw/x1/2017-bmw-x1-lease-questions#latest

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  • jp12687jp12687 Member Posts: 8
    is the $2000 option allowance in addition to the Loyalty discount? where do i find info on it?
  • kyfdxkyfdx Moderator Posts: 268,421
    jp12687 said:

    is the $2000 option allowance in addition to the Loyalty discount? where do i find info on it?

    No info on loyalty.

    Go to the BMW website and click on special offers, then choose the X1. It's in the fine print.

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  • jp12687jp12687 Member Posts: 8
    so wheres info on the $2000 option allowance?
  • kyfdxkyfdx Moderator Posts: 268,421
    jp12687 said:

    so wheres info on the $2000 option allowance?

    In the fine print.. just keep clicking.

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