2018 BMW X3 Lease Deals and Prices

daver924

Hello,

Can I have March numbers for South Florida 12k/36?

Recently went to a dealer yesterday quoting $850/mo with 56% Residual on a $54,000 X3 with only first month payment + inceptions, I found this payment to be astronomical. Any help would be appreciated!

Michaell

daver924 said:

Hello,

Can I have March numbers for South Florida 12k/36?

Recently went to a dealer yesterday quoting $850/mo with 56% Residual on a $54,000 X3 with only first month payment + inceptions, I found this payment to be astronomical. Any help would be appreciated!

.00156 and 58%

nickelanddime

Michael/Lease SMEs,

Could you please advise on this deal on an X3 m40i brand new?
Money Factor: .00196 (dealer refused to lower)
Term: 36/12k
State: California

nickelanddime

Michaell said:

Hello I was able to get this lease offer on a execute demo '18 X3 M40i. The dealer was not able to reduce the money factor (I asked for .00156), nor was the dealer able to reduce the asking price (58,500 or 10% off MSRP). Is this still a good deal?

Without the base MF, I can't endorse this as a good deal, even with the big discount from sticker. What state is this? How many miles are on the car? $800/mo for an X3 seems pricey, especially for a demo.

Hello Michael,

I got confirmation that the demo X3 m40i has 3,500 miles.

I tried to negotiate 12.5% off MSRP, $0.25 per mile, and the money factor down to .00172 (midpoint between ask and buy rate), which got me to a payment of $706.40. 

Finance Manager said this is impossible, and so I am giving up on this one. I guess I'm being too aggressive. I did some research, people are suggesting 20% off MSRP for demo units.

Is my offer unreasonable? Just want to figure out whether I should pursue this car anymore or not.

Michaell

nickelanddime said:

Michaell said:

nickelanddime said:

Hello

I was able to get this lease offer on a execute demo '18 X3 M40i. The dealer was not able to reduce the money factor (I asked for .00156), nor was the dealer able to reduce the asking price (58,500 or 10% off MSRP). Is this still a good deal?

Without the base MF, I can't endorse this as a good deal, even with the big discount from sticker.

What state is this?
How many miles are on the car?

$800/mo for an X3 seems pricey, especially for a demo.

Hello Michael,

I got confirmation that the demo X3 m40i has 3,500 miles.

I tried to negotiate 12.5% off MSRP, $0.25 per mile, and the money factor down to .00172 (midpoint between ask and buy rate), which got me to a payment of $706.40. 

Finance Manager said this is impossible, and so I am giving up on this one. I guess I'm being too aggressive. I did some research, people are suggesting 20% off MSRP for demo units.

Is my offer unreasonable? Just want to figure out whether I should pursue this car anymore or not.




I don't think the M40 is *that* special. And, it's a demo unit - my co-host got 15% off, then incentives, on an X3 last summer (though, this was a 2017, so not apples to apples)

Dealer is trying to be greedy. Keep an eye on the inventory on-line - if it's still there towards the end of the month, give it another shot.

jaytang

kyfdx said:

@jaytang
The discount is good.
$589 doc fee plus $299 for "Kahu GPS" look like garbage fees.
So, they just took back $900 of your discount.

With the marked up money factor, I get $731/mo.+tax, which looks about right.
With the base money factor, the payment would be $697/mo.+tax, or about $746/mo.

Assuming the offer for your trade is fair, that's an average deal. (with the base MF of .00156)

After extensive negotiation with Dealer today: final price I got is : 716 per month , zero down , zero sing on , zero drive drive cost . Can I now think of this a better deal than an average ? can you please confirm @kyfdx .

kyfdx

jaytang said:

kyfdx said:

@jaytang
The discount is good.
$589 doc fee plus $299 for "Kahu GPS" look like garbage fees.
So, they just took back $900 of your discount.

With the marked up money factor, I get $731/mo.+tax, which looks about right.
With the base money factor, the payment would be $697/mo.+tax, or about $746/mo.

Assuming the offer for your trade is fair, that's an average deal. (with the base MF of .00156)

After extensive negotiation with Dealer today: final price I got is : 716 per month , zero down , zero sing on , zero drive drive cost . Can I now think of this a better deal than an average ? can you please confirm @kyfdx .

That's pretty good. That's about $1000 less than the price I calculated using the base money factor.

jaytang

Thank you @kyfdx

karateboi

So there is a local demo with less than 3K miles. MSRP $55945, listed at $51900. So about 7% off currently. What is an ideal price to get this down to before incentives, being a demo?

Also am I correct to assume it is based on individual dealerships whether they will honor/stack incentives? For example, this particular dealership is saying they have the $2K finance incentive + $1.5K loyalty incentive. But I personally also qualify for the corporate sales $2K incentive, but have heard some dealers may not honor it (partially or entirely).

kyfdx

karateboi said:

So there is a local demo with less than 3K miles. MSRP $55945, listed at $51900. So about 7% off currently. What is an ideal price to get this down to before incentives, being a demo?

Also am I correct to assume it is based on individual dealerships whether they will honor/stack incentives? For example, this particular dealership is saying they have the $2K finance incentive + $1.5K loyalty incentive. But I personally also qualify for the corporate sales $2K incentive, but have heard some dealers may not honor it (partially or entirely).

Sorry, but no information on your corporate incentive.

At 3000 miles, the residual will be reduced by $750. So, that's 1.4% of MSRP that you have to make up. Given that, 7% off isn't any better of a deal than a brand new one. 10%-12% discount, minimum is what I would suggest.

karateboi

kyfdx said:

karateboi said:

So there is a local demo with less than 3K miles. MSRP $55945, listed at $51900. So about 7% off currently. What is an ideal price to get this down to before incentives, being a demo?

Also am I correct to assume it is based on individual dealerships whether they will honor/stack incentives? For example, this particular dealership is saying they have the $2K finance incentive + $1.5K loyalty incentive. But I personally also qualify for the corporate sales $2K incentive, but have heard some dealers may not honor it (partially or entirely).

Sorry, but no information on your corporate incentive.

At 3000 miles, the residual will be reduced by $750. So, that's 1.4% of MSRP that you have to make up. Given that, 7% off isn't any better of a deal than a brand new one. 10%-12% discount, minimum is what I would suggest.

Yea sorry if I didn't phrase my question properly about the incentive. I just meant it varies dealer by dealer what kind of incentives they will honor right? I think even the loyalty incentive and finance incentive can be different per dealer or they might simply choose to honor it only partially?

What has been the highest we have seen? 15%? There was someone claiming he got offered 20% off MSPR and even a 25% off MSRP...

logapa12

Good day,
Could I get numbers for 12k/36. Florida. 
Thank you!

kyfdx

karateboi said:

kyfdx said:

karateboi said:

So there is a local demo with less than 3K miles. MSRP $55945, listed at $51900. So about 7% off currently. What is an ideal price to get this down to before incentives, being a demo?

Also am I correct to assume it is based on individual dealerships whether they will honor/stack incentives? For example, this particular dealership is saying they have the $2K finance incentive + $1.5K loyalty incentive. But I personally also qualify for the corporate sales $2K incentive, but have heard some dealers may not honor it (partially or entirely).

Sorry, but no information on your corporate incentive.

At 3000 miles, the residual will be reduced by $750. So, that's 1.4% of MSRP that you have to make up. Given that, 7% off isn't any better of a deal than a brand new one. 10%-12% discount, minimum is what I would suggest.

Yea sorry if I didn't phrase my question properly about the incentive. I just meant it varies dealer by dealer what kind of incentives they will honor right? I think even the loyalty incentive and finance incentive can be different per dealer or they might simply choose to honor it only partially?

What has been the highest we have seen? 15%? There was someone claiming he got offered 20% off MSPR and even a 25% off MSRP...

No.. the lease credit and loyalty incentive are fixed by BMWFS.
The dealer discount can vary.

When you see a number that is way, way off the curve, you might assume it isn't accurate.

kyfdx

logapa12 said:

Good day,
Could I get numbers for 12k/36. Florida. 
Thank you!

.00156 MF and 58% residual

chitownpuma

Good Afternoon, could someone please share the MF and RV on a:

2018 BMW X3

36/12K, 39/12K,

I am in Chicago. Thank you!

kyfdx

chitownpuma said:

Good Afternoon, could someone please share the MF and RV on a:

2018 BMW X3

36/12K, 39/12K,

I am in Chicago. Thank you!

36/12
.00156 MF and 58% residual

femfem17

Hey Guys,
Can anyone share the March MF/RV in Maryland for:

2018 BMW x3 M40i
36k/12.

Thanks!!!

kyfdx

femfem17 said:

Hey Guys,
Can anyone share the March MF/RV in Maryland for:

2018 BMW x3 M40i
36k/12.

Thanks!!!

.00156 MF and 58% residual

femfem17

kyfdx said:

femfem17 said:

Hey Guys,
Can anyone share the March MF/RV in Maryland for:

2018 BMW x3 M40i
36k/12.

Thanks!!!

.00156 MF and 58% residual

Thx Kyfdx!!!

tzro1969

From what I read in this forum, this does not appear to be any great deal. This is just outside of Boston. 56% residual value and no MF specified. Any recommendations/suggestions?

kyfdx

tzro1969 said:

From what I read in this forum, this does not appear to be any great deal. This is just outside of Boston. 56% residual value and no MF specified. Any recommendations/suggestions?

.00156 MF and 56% residual for 36/15

The numbers on the right aren't really for a lease.
MA taxes the monthly payment, so the sales tax number is irrelevant.
Also, no mention of the $925 acquisition fee.

I'm estimating a little bit, as we don't have the adjusted CAP cost, but it looks like they are marking up the money factor the maximum to .00196.

nickelanddime

nickelanddime said:

Michael/Lease SMEs,

Could you please advise on this deal on an X3 m40i brand new?
Money Factor: .00196 (dealer refused to lower)
Term: 36/12k
State: California

I ended up being able to negotiate on the MF to .00176 (midpoint of buy rate and asking), and was able to get my payments to $746 inc. tax of 9.75%, for a 36/10k. I was ok with the extra fees and the marked up MF, and the payments were in my budget.

Big THANK YOU to Michael and the other moderators. I've been following these boards for about 3 years, and learned a lot about leasing.

GLTA!!

kyfdx

@nickelanddime Looks great!

karateboi

nickelanddime said:

nickelanddime said:

Michael/Lease SMEs,

Could you please advise on this deal on an X3 m40i brand new?
Money Factor: .00196 (dealer refused to lower)
Term: 36/12k
State: California

I ended up being able to negotiate on the MF to .00176 (midpoint of buy rate and asking), and was able to get my payments to $746 inc. tax of 9.75%, for a 36/10k. I was ok with the extra fees and the marked up MF, and the payments were in my budget.

Big THANK YOU to Michael and the other moderators. I've been following these boards for about 3 years, and learned a lot about leasing.

GLTA!!

Holy crap you got 11% off a brand new M40. That's really impressive. How hard was it to get the dealer to agree to that? If you don't mind sharing.

tzro1969

kyfdx said:

tzro1969 said:

From what I read in this forum, this does not appear to be any great deal. This is just outside of Boston. 56% residual value and no MF specified. Any recommendations/suggestions?

.00156 MF and 56% residual for 36/15

The numbers on the right aren't really for a lease.
MA taxes the monthly payment, so the sales tax number is irrelevant.
Also, no mention of the $925 acquisition fee.

I'm estimating a little bit, as we don't have the adjusted CAP cost, but it looks like they are marking up the money factor the maximum to .00196.

Thank you kyfdx! This is what I received from the sales mgr. Still no mention of MF.

The quote we sent is a lease quote. The left side of the page will show accurate lease payments based on the total amount of money down, and this is based on a 56% residual, which is for 15k miles per year. The right side of the page, where it reads details is about 90% accurate. The savings is the discount off the car, the rebate is also additional savings off the car for leasing the car through BWM FS. The sales tax column unfortunately is inaccurate, and should not print on this sheet, however the software will not omit it. The sales tax is actually only paid on the percentage of the price of the car the customer is borrowing in the lease. The sales tax is based on the monthly payments, and it is included at 6.25% MA Sales tax in the monthly payments listed on the sheet. The Drive off column is combining the money down in the first column of the lease grid ($2,000) with the rebate of $1,500. The software sees the rebates as money down, when in all actuality the only money down is the amounts listed in the columns in the grid. These monies are total due @ signing, and includes all up-front fees, and first month’s payment in the lease.

Here is the lease very simply put:
MSRP: $54,495.00

Sale Price after all discounts & incentives are: $50,320.00

Residual: 56% @ 15k miles per year

· 36 Month Lease
· 15k miles per year
· $2,000 total due @ signing
· $767.22 per month (including sales tax) * Or you can put down the other amounts to lower the monthly payment

This is a great value for this car seeing as the 2018 X3 is a complete re-design for us, and is one of the hottest new SUV’s in it’s size on the market.
The sale price of $50,320.00 is very fair considering dealer invoice on this vehicle is $51,225.00.

ken2018

I'm in northern VA and got the following from the local BMW dealer. What other information do I need to ask for to determine if I am getting a good price? I've asked for the money factor but don't have it yet. I am looking at the lease option. Thanks.

nickelanddime

karateboi said:

nickelanddime said:

nickelanddime said:

Michael/Lease SMEs,

Could you please advise on this deal on an X3 m40i brand new?
Money Factor: .00196 (dealer refused to lower)
Term: 36/12k
State: California

I ended up being able to negotiate on the MF to .00176 (midpoint of buy rate and asking), and was able to get my payments to $746 inc. tax of 9.75%, for a 36/10k. I was ok with the extra fees and the marked up MF, and the payments were in my budget.

Big THANK YOU to Michael and the other moderators. I've been following these boards for about 3 years, and learned a lot about leasing.

GLTA!!

Holy crap you got 11% off a brand new M40. That's really impressive. How hard was it to get the dealer to agree to that? If you don't mind sharing.

Not too bad right? I went on a Wednesday, I think that was key. When I was ready to walk (originally quoted $1030, 2k at signing, 58% residual, .00196 MF), the finance manager actually came down to talk to me, and wanted to know if I was ready to make the deal the same day. He had offered 11% off (another dealer offered me 10%). The payments were still out of my budget so I ended up leaving ($790).

I did a lot of thinking, and was able to bump my payments up a little, and decided to with the 59% residual (36/10). I emailed the sales rep with a MF of .00176, and the finance manager agreed. Done deal!

Could NOT be happier with the car. I can easily say this is my dream car (realistic one lol).

Best review on the m40i's performance out there

kyfdx

tzro1969 said:

kyfdx said:

tzro1969 said:

From what I read in this forum, this does not appear to be any great deal. This is just outside of Boston. 56% residual value and no MF specified. Any recommendations/suggestions?

.00156 MF and 56% residual for 36/15

The numbers on the right aren't really for a lease.
MA taxes the monthly payment, so the sales tax number is irrelevant.
Also, no mention of the $925 acquisition fee.

I'm estimating a little bit, as we don't have the adjusted CAP cost, but it looks like they are marking up the money factor the maximum to .00196.

Thank you kyfdx! This is what I received from the sales mgr. Still no mention of MF.

The quote we sent is a lease quote. The left side of the page will show accurate lease payments based on the total amount of money down, and this is based on a 56% residual, which is for 15k miles per year. The right side of the page, where it reads details is about 90% accurate. The savings is the discount off the car, the rebate is also additional savings off the car for leasing the car through BWM FS. The sales tax column unfortunately is inaccurate, and should not print on this sheet, however the software will not omit it. The sales tax is actually only paid on the percentage of the price of the car the customer is borrowing in the lease. The sales tax is based on the monthly payments, and it is included at 6.25% MA Sales tax in the monthly payments listed on the sheet. The Drive off column is combining the money down in the first column of the lease grid ($2,000) with the rebate of $1,500. The software sees the rebates as money down, when in all actuality the only money down is the amounts listed in the columns in the grid. These monies are total due @ signing, and includes all up-front fees, and first month’s payment in the lease.

Here is the lease very simply put:
MSRP: $54,495.00

Sale Price after all discounts & incentives are: $50,320.00

Residual: 56% @ 15k miles per year

· 36 Month Lease
· 15k miles per year
· $2,000 total due @ signing
· $767.22 per month (including sales tax) * Or you can put down the other amounts to lower the monthly payment

This is a great value for this car seeing as the 2018 X3 is a complete re-design for us, and is one of the hottest new SUV’s in it’s size on the market.
The sale price of $50,320.00 is very fair considering dealer invoice on this vehicle is $51,225.00.

Yeah.. he pretty much explained what I just noted, but without giving any of the actual corrected numbers, or the money factor. But, he did say it's a great deal! So, what else do you need? lol

Anyway... I'm pretty sure the money factor is marked up to .00196. That adds about $35/mo. to the payment.

kyfdx

ken2018 said:

I'm in northern VA and got the following from the local BMW dealer. What other information do I need to ask for to determine if I am getting a good price? I've asked for the money factor but don't have it yet. I am looking at the lease option. Thanks.

If I add the $925 acquisition fee, and subtract the extra $450 additional in the upfront money, subtract the $500 rebate, I get an adjusted CAP of $55,363 and a monthly payment of $775/mo.
That's with a marked up money factor of .00176. I think that's where the $500 rebate comes from. They get that for marking up the money factor (which they passed on to you). It's pretty much a wash with the .00156 MF

For that kind of money, I'd be tempted to buy the vehicle. Especially since you pay the same sales tax, buy or lease in VA.
Not sure where they come up with $5000 rebate, though. I show $2000. But, they've marked up the financing by 1%, so maybe that gets them the extra rebate.

Just $106/mo. more to own the vehicle..

ken2018

kyfdx said:

ken2018 said:

I'm in northern VA and got the following from the local BMW dealer. What other information do I need to ask for to determine if I am getting a good price? I've asked for the money factor but don't have it yet. I am looking at the lease option. Thanks.

If I add the $925 acquisition fee, and subtract the extra $450 additional in the upfront money, subtract the $500 rebate, I get an adjusted CAP of $55,363 and a monthly payment of $775/mo.
That's with a marked up money factor of .00176. I think that's where the $500 rebate comes from. They get that for marking up the money factor (which they passed on to you). It's pretty much a wash with the .00156 MF

For that kind of money, I'd be tempted to buy the vehicle. Especially since you pay the same sales tax, buy or lease in VA.
Not sure where they come up with $5000 rebate, though. I show $2000. But, they've marked up the financing by 1%, so maybe that gets them the extra rebate.

Just $106/mo. more to own the vehicle..

I qualify for militarty pricing and that is where the extra rebate is coming from if I but it. As for buy vs. lease, that is the time honored, question - which makes the most sense. The question to ask myself is whether I will keep the car past 3 years and pay for the cost of maintenance and an extended warranty (as you discussed before could both be $4k ore more) that i don't have to incur if I lease.

If I go with lease, is that a good bottom line price?

karateboi

nickelanddime said:

karateboi said:

nickelanddime said:

nickelanddime said:

Michael/Lease SMEs,

Could you please advise on this deal on an X3 m40i brand new?
Money Factor: .00196 (dealer refused to lower)
Term: 36/12k
State: California

I ended up being able to negotiate on the MF to .00176 (midpoint of buy rate and asking), and was able to get my payments to $746 inc. tax of 9.75%, for a 36/10k. I was ok with the extra fees and the marked up MF, and the payments were in my budget.

Big THANK YOU to Michael and the other moderators. I've been following these boards for about 3 years, and learned a lot about leasing.

GLTA!!

Holy crap you got 11% off a brand new M40. That's really impressive. How hard was it to get the dealer to agree to that? If you don't mind sharing.

Not too bad right? I went on a Wednesday, I think that was key. When I was ready to walk (originally quoted $1030, 2k at signing, 58% residual, .00196 MF), the finance manager actually came down to talk to me, and wanted to know if I was ready to make the deal the same day. He had offered 11% off (another dealer offered me 10%). The payments were still out of my budget so I ended up leaving ($790).

I did a lot of thinking, and was able to bump my payments up a little, and decided to with the 59% residual (36/10). I emailed the sales rep with a MF of .00176, and the finance manager agreed. Done deal!

Could NOT be happier with the car. I can easily say this is my dream car (realistic one lol).

Best review on the m40i's performance out there

Congrats man. Really glad to see people getting what they want for a deal. I think that's the key... willing to walk. Thanks for sharing your experience!

kyfdx

ken2018 said:

kyfdx said:

ken2018 said:

I'm in northern VA and got the following from the local BMW dealer. What other information do I need to ask for to determine if I am getting a good price? I've asked for the money factor but don't have it yet. I am looking at the lease option. Thanks.

If I add the $925 acquisition fee, and subtract the extra $450 additional in the upfront money, subtract the $500 rebate, I get an adjusted CAP of $55,363 and a monthly payment of $775/mo.
That's with a marked up money factor of .00176. I think that's where the $500 rebate comes from. They get that for marking up the money factor (which they passed on to you). It's pretty much a wash with the .00156 MF

For that kind of money, I'd be tempted to buy the vehicle. Especially since you pay the same sales tax, buy or lease in VA.
Not sure where they come up with $5000 rebate, though. I show $2000. But, they've marked up the financing by 1%, so maybe that gets them the extra rebate.

Just $106/mo. more to own the vehicle..

I qualify for militarty pricing and that is where the extra rebate is coming from if I but it. As for buy vs. lease, that is the time honored, question - which makes the most sense. The question to ask myself is whether I will keep the car past 3 years and pay for the cost of maintenance and an extended warranty (as you discussed before could both be $4k ore more) that i don't have to incur if I lease.

If I go with lease, is that a good bottom line price?

It's a decent deal, but that's a lot of money for a $57K MSRP vehicle.

The warranty is 4/50, so it will be the 5th year before warranty is up.

ken2018

kyfdx said:

ken2018 said:

kyfdx said:

ken2018 said:

I'm in northern VA and got the following from the local BMW dealer. What other information do I need to ask for to determine if I am getting a good price? I've asked for the money factor but don't have it yet. I am looking at the lease option. Thanks.

If I add the $925 acquisition fee, and subtract the extra $450 additional in the upfront money, subtract the $500 rebate, I get an adjusted CAP of $55,363 and a monthly payment of $775/mo.
That's with a marked up money factor of .00176. I think that's where the $500 rebate comes from. They get that for marking up the money factor (which they passed on to you). It's pretty much a wash with the .00156 MF

For that kind of money, I'd be tempted to buy the vehicle. Especially since you pay the same sales tax, buy or lease in VA.
Not sure where they come up with $5000 rebate, though. I show $2000. But, they've marked up the financing by 1%, so maybe that gets them the extra rebate.

Just $106/mo. more to own the vehicle..

I qualify for militarty pricing and that is where the extra rebate is coming from if I but it. As for buy vs. lease, that is the time honored, question - which makes the most sense. The question to ask myself is whether I will keep the car past 3 years and pay for the cost of maintenance and an extended warranty (as you discussed before could both be $4k ore more) that i don't have to incur if I lease.

If I go with lease, is that a good bottom line price?

It's a decent deal, but that's a lot of money for a $57K MSRP vehicle.

The warranty is 4/50, so it will be the 5th year before warranty is up.

Based on what you're telling me and the very, very good price I got to buy the car, I am strongly reconsidering my decision to lease as I think I'll keep the car for 5-6 years. Just need to get the quote for the maintenance and warranty plans. Thanks.

kyfdx

ken2018 said:

kyfdx said:

ken2018 said:

kyfdx said:

ken2018 said:

I'm in northern VA and got the following from the local BMW dealer. What other information do I need to ask for to determine if I am getting a good price? I've asked for the money factor but don't have it yet. I am looking at the lease option. Thanks.

If I add the $925 acquisition fee, and subtract the extra $450 additional in the upfront money, subtract the $500 rebate, I get an adjusted CAP of $55,363 and a monthly payment of $775/mo.
That's with a marked up money factor of .00176. I think that's where the $500 rebate comes from. They get that for marking up the money factor (which they passed on to you). It's pretty much a wash with the .00156 MF

For that kind of money, I'd be tempted to buy the vehicle. Especially since you pay the same sales tax, buy or lease in VA.
Not sure where they come up with $5000 rebate, though. I show $2000. But, they've marked up the financing by 1%, so maybe that gets them the extra rebate.

Just $106/mo. more to own the vehicle..

I qualify for militarty pricing and that is where the extra rebate is coming from if I but it. As for buy vs. lease, that is the time honored, question - which makes the most sense. The question to ask myself is whether I will keep the car past 3 years and pay for the cost of maintenance and an extended warranty (as you discussed before could both be $4k ore more) that i don't have to incur if I lease.

If I go with lease, is that a good bottom line price?

It's a decent deal, but that's a lot of money for a $57K MSRP vehicle.

The warranty is 4/50, so it will be the 5th year before warranty is up.

Based on what you're telling me and the very, very good price I got to buy the car, I am strongly reconsidering my decision to lease as I think I'll keep the car for 5-6 years. Just need to get the quote for the maintenance and warranty plans. Thanks.

I don't know the price to extend the warranty to 5/75, as our 2017 was CPO Elite and came with that warranty... But, extending/improving the maintenance from 3/36 to 5/75 has a list price of $2549.

Of course, if you only drive 12K/yr, that may not pay off.

audi77707

Hi,

what is MF, residual, taxes and incentives for 60045 for 36/7.5k? 

thanks 

kyfdx

audi77707 said:

Hi,

what is MF, residual, taxes and incentives for 60045 for 36/7.5k? 

thanks 

.00156 MF and 59% residual for 36/10
(7.5K/yr not offered)
$1500 loyalty

tzro1969

tzro1969 said:

kyfdx said:

tzro1969 said:

From what I read in this forum, this does not appear to be any great deal. This is just outside of Boston. 56% residual value and no MF specified. Any recommendations/suggestions?

.00156 MF and 56% residual for 36/15

The numbers on the right aren't really for a lease.
MA taxes the monthly payment, so the sales tax number is irrelevant.
Also, no mention of the $925 acquisition fee.

I'm estimating a little bit, as we don't have the adjusted CAP cost, but it looks like they are marking up the money factor the maximum to .00196.

Thank you kyfdx! This is what I received from the sales mgr. Still no mention of MF.

The quote we sent is a lease quote. The left side of the page will show accurate lease payments based on the total amount of money down, and this is based on a 56% residual, which is for 15k miles per year. The right side of the page, where it reads details is about 90% accurate. The savings is the discount off the car, the rebate is also additional savings off the car for leasing the car through BWM FS. The sales tax column unfortunately is inaccurate, and should not print on this sheet, however the software will not omit it. The sales tax is actually only paid on the percentage of the price of the car the customer is borrowing in the lease. The sales tax is based on the monthly payments, and it is included at 6.25% MA Sales tax in the monthly payments listed on the sheet. The Drive off column is combining the money down in the first column of the lease grid ($2,000) with the rebate of $1,500. The software sees the rebates as money down, when in all actuality the only money down is the amounts listed in the columns in the grid. These monies are total due @ signing, and includes all up-front fees, and first month’s payment in the lease.

Here is the lease very simply put:
MSRP: $54,495.00

Sale Price after all discounts & incentives are: $50,320.00

Residual: 56% @ 15k miles per year

· 36 Month Lease
· 15k miles per year
· $2,000 total due @ signing
· $767.22 per month (including sales tax) * Or you can put down the other amounts to lower the monthly payment

This is a great value for this car seeing as the 2018 X3 is a complete re-design for us, and is one of the hottest new SUV’s in it’s size on the market.
The sale price of $50,320.00 is very fair considering dealer invoice on this vehicle is $51,225.00.

kyfdx, you've been so helpful thus far, can I get your thoughts on this response from the sales mgr? How does one back into the MF rate?

kyfdx

@tzro1969 I already responded to you, here:
https://forums.edmunds.com/discussion/comment/5470303/#Comment_5470303

xnder006

Hello

Can you provide the residual and MF for a 2018 BMW X3 3.0 in Elmhurst, IL 60126 for 36months, 10,000. Just walked in and their rent charge came up to $5,000 without providing me the MF. Also, it is a demo. MSRP is 55,900 that they dropped to $51,900, but did not include any incentives like the $1,000 conquest cash from BMW. zero down 36months at 10k came out to $755. I told them to email me the MF. Their residual was 58%.

Thanks

Alex

kyfdx

xnder006 said:

Hello

Can you provide the residual and MF for a 2018 BMW X3 3.0 in Elmhurst, IL 60126 for 36months, 10,000. Just walked in and their rent charge came up to $5,000 without providing me the MF. Also, it is a demo. MSRP is 55,900 that they dropped to $51,900, but did not include any incentives like the $1,000 conquest cash from BMW. zero down 36months at 10k came out to $755. I told them to email me the MF. Their residual was 58%.

Thanks

Alex

.00156 MF and 59% residual
Less $0.25/mile for existing mileage

Rent charge doesn't look far off.
But, $4000 off isn't much for a demo.

xnder006

Thank you. The miles are 2,400. I was thinking 6K off for a demo, but now im not even sure that is enough. I would have expected the demo to go for around $600-$625.

ajkelz84

Looking for the MF and residual and any lease specials for a 2018 X3 36mo/12k. 

logapa12

Any ideas on MF and residuals for 2019s? I just placed an order for one, they have an MSRP $1650 dollars lower than the 18’s.

Michaell

ajkelz84 said:

Looking for the MF and residual and any lease specials for a 2018 X3 36mo/12k. 

.00156 and 58%

Michaell

logapa12 said:

Any ideas on MF and residuals for 2019s? I just placed an order for one, they have an MSRP $1650 dollars lower than the 18’s.

.00156 and 56% for 36/15

karateboi

xnder006 said:

Thank you. The miles are 2,400. I was thinking 6K off for a demo, but now im not even sure that is enough. I would have expected the demo to go for around $600-$625.

I had asked about this exact car previously... but yea this dealer is delusional about the demo... no way is it worth $4k off MSRP. Taking $4K off is just invoice pricing for a brand new.

xnder006

Karate boi. Did you drive it?  The V4 turbo wasn’t doing it for me.  Looking at F pace V6,  stelvio or T6 Volvo xc 60.  What are you looking for?

karateboi

xnder006 said:

Karate boi. Did you drive it?  The V4 turbo wasn’t doing it for me.  Looking at F pace V6,  stelvio or T6 Volvo xc 60.  What are you looking for?

I did. They tried to get me to floor it to show off it's "sports driving" (makes you question how many of those runs they did on its 2600 miles life). It's fast enough for me as a SUV... if you're looking for straight line power, you should consider the Alfa Romeo Stelvio, even the base is the fastest among the segment (0-60 is 5.4 sec compare to everything else at around 6 sec). Not to mention they are also aggressively discounting it.

jmm_texas

Hello,
I am new to this forum. I would highly appreciate, if you can share the money factor and residual value for a 36 month lease for both 10k and 12k miles a year.
I live in Dallas, Texas.
Many thanks and kind regards

kyfdx

jmm_texas said:

Hello,
I am new to this forum. I would highly appreciate, if you can share the money factor and residual value for a 36 month lease for both 10k and 12k miles a year.
I live in Dallas, Texas.
Many thanks and kind regards

.00156 MF and 59%/58% residual