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2018 BMW X3 Lease Deals and Prices

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    belwah87belwah87 Member Posts: 23
    edited July 2018
    Lease offer for 2018 xdrive x3 30i, zip 22314 (VA). First offer from dealer.




    MSRP: 58,490
    Price 53,000 before incentive.
    incentive: $1000 (Conquest rebate. Not eligible for others. Dealer claims there's typo on costco certificate and the $500 costco rebate is really a price reduction...I'm looking into this.)

    How does this look? Can anyone calculate the Adj. cap cost?


    Asked for 36/12, dealer ran it for 36/10. will correct that tomorrow.
    Tax calculation seems crazy high. For the purchase/finance deal with $3k rebate, taxes were calculated at $2087. Is there Any good reason tax should be $7735 for lease? Virginia tax rate is 4.15%

    Dealer does not have car on lot, will get it from another dealer about 500 miles away. He is 'eating the cost' of transporting it (i.e., it's embedded in the current $53K price).

    Thanks.
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    MichaellMichaell Moderator Posts: 241,365

    Good Afternoon from Arizona. Could I please obtain the MF and residual of a 2018 X3 M40i? Has Premium and Parking packages with an MSRP of $63,920. Located in Phoenix, AZ. Looking for 3y/10K and 12K. Thanks in advance!

    Also, anyone with an idea of what the typical percentage discount off of MSRP these days would be, please chime in.

    .00166 and 59% / 58%

    7% off MSRP

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    MichaellMichaell Moderator Posts: 241,365
    mavs605 said:

    Leasing 36months/10k mi, 2018 X3 30i, zip code: 11803
    MSRP: $49,985
    Adjusted Cap Cost: $46,000.33
    MF: 0.00158
    Residual: 59%
    Tax: 1,990.35
    Fees: 937.5
    Doc Fee: 75
    Misc Fee: 10
    drive off: $3,611.85
    monthly payment: $599
    Is this a good deal?

    MF is .00166, this month.
    I get $584/mo with those prices.

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    obxmp15obxmp15 Member Posts: 1
    Hoping to check if the following deal is in the ball park. 2018 BMW X3 w/ premium and convenience package, park assistance and ventilated front seats. MSRP $52,825, in Hilton Head, SC 29909. I was given these numbers yesterday:
    Selling Price: $49,395
    Money Factor: .00206
    Residual: 50% (paperwork puts at $30,679 which is confusing given MSRP)
    Tax $500
    Closing Fees $400
    Reg & Title $ 55

    Total Monthly payment $674.50 for 36 months and 12,000 miles with $3,000 down and excellent (Top Tier credit). This seems high to me, hoping to get your thoughts and suggestions on a more appropriate range of monthly payment.

    Thanks for your input.
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    samaga1samaga1 Member Posts: 10
    Michaell said:
    Thanks kyfdk! Although I meant the deal I shared below is good or not. Do you agree with the lease maths?

    Leasing 36months/10k mi, 2019 X3 28i (custom order)
    MSRP: $56,245
    sell price: $49,995 (dealer disc of $6,250)
    bmw rebate: $1500
    mf: 0.00166
    residual: 59%
    tax: zip code (06901), 7.75% on cars above $50k
    Down payment: $0
    drive off: $1900 = $925 + $499 (doc fee) + tax/reg
    monthly payment: $591 (lease, includes $42 if taxes per month)
    I thought sales tax in CT was 6.35%? Didn't realize it was tiered based on MSRP. I get a much higher payment with those numbers (over $600/mo, before tax) The $591/mo includes the taxes? If so, it should be in your driveway.
    Thanks Michael, actually the dealer is using a money factor of 0.00131 assuming I rolled my MSDs from the current lease to get the the lowest my possible. 

    Also, since I couldn’t agree on a car in his inventory this was custom ordered and so would be a 2019 X3 xdrive 28i! Will be built in the week of Aug13 (week 33). 
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    kyfdxkyfdx Moderator Posts: 237,383
    belwah87 said:

    Lease offer for 2018 xdrive x3 30i, zip 22314 (VA). First offer from dealer.




    MSRP: 58,490
    Price 53,000 before incentive.
    incentive: $1000 (Conquest rebate. Not eligible for others. Dealer claims there's typo on costco certificate and the $500 costco rebate is really a price reduction...I'm looking into this.)

    How does this look? Can anyone calculate the Adj. cap cost?


    Asked for 36/12, dealer ran it for 36/10. will correct that tomorrow.
    Tax calculation seems crazy high. For the purchase/finance deal with $3k rebate, taxes were calculated at $2087. Is there Any good reason tax should be $7735 for lease? Virginia tax rate is 4.15%

    Dealer does not have car on lot, will get it from another dealer about 500 miles away. He is 'eating the cost' of transporting it (i.e., it's embedded in the current $53K price).

    Thanks.

    The tax number is just wrong...
    VA is around 4.17% of the full selling price, right?
    Typo, I'm guessing. should be $2235.

    They certainly didn't use that in the payment calculation.
    Using the base MF, I'm within $10/mo. of their payment, using the $2235 number.
    Are you shopping in MD?

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    belwah87belwah87 Member Posts: 23
    kyfdx said:
    Lease offer for 2018 xdrive x3 30i, zip 22314 (VA). First offer from dealer. MSRP: 58,490 Price 53,000 before incentive. incentive: $1000 (Conquest rebate. Not eligible for others. Dealer claims there's typo on costco certificate and the $500 costco rebate is really a price reduction...I'm looking into this.) How does this look? Can anyone calculate the Adj. cap cost? Asked for 36/12, dealer ran it for 36/10. will correct that tomorrow. Tax calculation seems crazy high. For the purchase/finance deal with $3k rebate, taxes were calculated at $2087. Is there Any good reason tax should be $7735 for lease? Virginia tax rate is 4.15% Dealer does not have car on lot, will get it from another dealer about 500 miles away. He is 'eating the cost' of transporting it (i.e., it's embedded in the current $53K price). Thanks.
    The tax number is just wrong... VA is around 4.17% of the full selling price, right? Typo, I'm guessing. should be $2235. They certainly didn't use that in the payment calculation. Using the base MF, I'm within $10/mo. of their payment, using the $2235 number. Are you shopping in MD?

    kyfdx said:
    Lease offer for 2018 xdrive x3 30i, zip 22314 (VA). First offer from dealer. MSRP: 58,490 Price 53,000 before incentive. incentive: $1000 (Conquest rebate. Not eligible for others. Dealer claims there's typo on costco certificate and the $500 costco rebate is really a price reduction...I'm looking into this.) How does this look? Can anyone calculate the Adj. cap cost? Asked for 36/12, dealer ran it for 36/10. will correct that tomorrow. Tax calculation seems crazy high. For the purchase/finance deal with $3k rebate, taxes were calculated at $2087. Is there Any good reason tax should be $7735 for lease? Virginia tax rate is 4.15% Dealer does not have car on lot, will get it from another dealer about 500 miles away. He is 'eating the cost' of transporting it (i.e., it's embedded in the current $53K price). Thanks.
    The tax number is just wrong... VA is around 4.17% of the full selling price, right? Typo, I'm guessing. should be $2235. They certainly didn't use that in the payment calculation. Using the base MF, I'm within $10/mo. of their payment, using the $2235 number. Are you shopping in MD?
    Thanks for confirmation. 
    Yes, shopping in MD now. That dealer actively found a 2018 that met my specifications. There aren’t many left with options/colors that I want. We’ll see this morning if the vehicle is still available.

     Dealer clarified yesterday that the lease computer program he has automatically includes estimated personal property tax throughout the lease but the payment of 734 includes just the 4.15% on the sale price.

    Haven’t worked on getting a lower price from that dealer at all. That was the dealer’s first offer so I’ll work on price today. May end up just waiting for a 2019 if 2018 price isn’t right for me.

    Did you see any junk fees that I didn’t notice? Now that I know tax number is correct, except for the price it looked pretty good to me?
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    kyfdxkyfdx Moderator Posts: 237,383
    belwah87 said:


    kyfdx said:

    Lease offer for 2018 xdrive x3 30i, zip 22314 (VA). First offer from dealer.




    MSRP: 58,490
    Price 53,000 before incentive.
    incentive: $1000 (Conquest rebate. Not eligible for others. Dealer claims there's typo on costco certificate and the $500 costco rebate is really a price reduction...I'm looking into this.)

    How does this look? Can anyone calculate the Adj. cap cost?


    Asked for 36/12, dealer ran it for 36/10. will correct that tomorrow.
    Tax calculation seems crazy high. For the purchase/finance deal with $3k rebate, taxes were calculated at $2087. Is there Any good reason tax should be $7735 for lease? Virginia tax rate is 4.15%

    Dealer does not have car on lot, will get it from another dealer about 500 miles away. He is 'eating the cost' of transporting it (i.e., it's embedded in the current $53K price).

    Thanks.
    The tax number is just wrong...
    VA is around 4.17% of the full selling price, right?
    Typo, I'm guessing. should be $2235.

    They certainly didn't use that in the payment calculation.
    Using the base MF, I'm within $10/mo. of their payment, using the $2235 number.
    Are you shopping in MD?

    kyfdx said:

    Lease offer for 2018 xdrive x3 30i, zip 22314 (VA). First offer from dealer.




    MSRP: 58,490
    Price 53,000 before incentive.
    incentive: $1000 (Conquest rebate. Not eligible for others. Dealer claims there's typo on costco certificate and the $500 costco rebate is really a price reduction...I'm looking into this.)

    How does this look? Can anyone calculate the Adj. cap cost?


    Asked for 36/12, dealer ran it for 36/10. will correct that tomorrow.
    Tax calculation seems crazy high. For the purchase/finance deal with $3k rebate, taxes were calculated at $2087. Is there Any good reason tax should be $7735 for lease? Virginia tax rate is 4.15%

    Dealer does not have car on lot, will get it from another dealer about 500 miles away. He is 'eating the cost' of transporting it (i.e., it's embedded in the current $53K price).

    Thanks.


    The tax number is just wrong...
    VA is around 4.17% of the full selling price, right?
    Typo, I'm guessing. should be $2235.

    They certainly didn't use that in the payment calculation.
    Using the base MF, I'm within $10/mo. of their payment, using the $2235 number.
    Are you shopping in MD?

    Thanks for confirmation. 
    Yes, shopping in MD now. That dealer actively found a 2018 that met my specifications. There aren’t many left with options/colors that I want. We’ll see this morning if the vehicle is still available.

     Dealer clarified yesterday that the lease computer program he has automatically includes estimated personal property tax throughout the lease but the payment of 734 includes just the 4.15% on the sale price.

    Haven’t worked on getting a lower price from that dealer at all. That was the dealer’s first offer so I’ll work on price today. May end up just waiting for a 2019 if 2018 price isn’t right for me.

    Did you see any junk fees that I didn’t notice? Now that I know tax number is correct, except for the price it looked pretty good to me?


    I don't see any issues with the calculations. No junk fees.

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    jclav475jclav475 Member Posts: 5
    Hi can you provide MF & Residual for August assuming it changed from July for the x3 xdrive 30i at 36Mth/12K zip code 07030?

    Also do you know if the rebates in August increased or decreased vs July and assuming they decreased can they be offset by new rebates now available?

    Not clear how far into a new month manufacturer's usually communicate rebates for that month.

    Thank you
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    jclav475jclav475 Member Posts: 5
    edited August 2018
    One other question, any idea of what average % of MSRP discount being offered in my zip (07030) currently is?
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    sharkhunter008sharkhunter008 Member Posts: 9
    jclav475 said:

    One other question, any idea of what average % of MSRP discount being offered in my zip (07030) currently is?

    Looks like someone is actively looking for X3 and Q5. I live in 07080.
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    sharkhunter008sharkhunter008 Member Posts: 9
    Mod, What is the MF and residual for August on X3 30i for 10K/36 months lease.?
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    MichaellMichaell Moderator Posts: 241,365
    jclav475 said:

    Hi can you provide MF & Residual for August assuming it changed from July for the x3 xdrive 30i at 36Mth/12K zip code 07030?

    Also do you know if the rebates in August increased or decreased vs July and assuming they decreased can they be offset by new rebates now available?

    Not clear how far into a new month manufacturer's usually communicate rebates for that month.

    Thank you

    .00166 and 58%
    No lease incentives
    jclav475 said:

    One other question, any idea of what average % of MSRP discount being offered in my zip (07030) currently is?

    7% off MSRP

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    MichaellMichaell Moderator Posts: 241,365

    Mod, What is the MF and residual for August on X3 30i for 10K/36 months lease.?

    What ZIP code?

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    krishnamkrishnam Member Posts: 29
    Hi, Can you please post the lease numbers for AWD x3 xdrive 30i 12k/36 months for 98052
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    bkassingbkassing Member Posts: 13
    My turn. x3 xdrive 30i 12k/36 months for 66224.
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    kyfdxkyfdx Moderator Posts: 237,383
    krishnam said:

    Hi, Can you please post the lease numbers for AWD x3 xdrive 30i 12k/36 months for 98052

    .00166 MF and 58% residual

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    kyfdxkyfdx Moderator Posts: 237,383
    bkassing said:

    My turn. x3 xdrive 30i 12k/36 months for 66224.

    .00166 MF and 58% residual

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    sharkhunter008sharkhunter008 Member Posts: 9
    Michaell said:

    Mod, What is the MF and residual for August on X3 30i for 10K/36 months lease.?

    What ZIP code?
    Zip : 07080 for X3 30i AWD
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    dg19dg19 Member Posts: 3
    Michaell said:

    jclav475 said:

    Hi can you provide MF & Residual for August assuming it changed from July for the x3 xdrive 30i at 36Mth/12K zip code 07030?

    Also do you know if the rebates in August increased or decreased vs July and assuming they decreased can they be offset by new rebates now available?

    Not clear how far into a new month manufacturer's usually communicate rebates for that month.

    Thank you

    .00166 and 58%
    No lease incentives
    jclav475 said:

    One other question, any idea of what average % of MSRP discount being offered in my zip (07030) currently is?

    7% off MSRP
    Is that 7% off MSRP of a 2018 true around 07030 for purchasing rather than leasing?
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    kyfdxkyfdx Moderator Posts: 237,383

    Michaell said:

    Mod, What is the MF and residual for August on X3 30i for 10K/36 months lease.?

    What ZIP code?
    Zip : 07080 for X3 30i AWD
    .00166 MF and 59% residual

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    kyfdxkyfdx Moderator Posts: 237,383
    dg19 said:

    Michaell said:

    jclav475 said:

    Hi can you provide MF & Residual for August assuming it changed from July for the x3 xdrive 30i at 36Mth/12K zip code 07030?

    Also do you know if the rebates in August increased or decreased vs July and assuming they decreased can they be offset by new rebates now available?

    Not clear how far into a new month manufacturer's usually communicate rebates for that month.

    Thank you

    .00166 and 58%
    No lease incentives
    jclav475 said:

    One other question, any idea of what average % of MSRP discount being offered in my zip (07030) currently is?

    7% off MSRP
    Is that 7% off MSRP of a 2018 true around 07030 for purchasing rather than leasing?
    Yes

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    pacdecimalpacdecimal Member Posts: 39
    Moderators can you please provide lease numbers (zip code 94123, xDrive30i, 36/10K) such as residual, money factor with and without MSD (if available), and lease credits for current BMW owner who will be financing through BMWFS. Will be deciding between a X3 or X5.
    Thank you
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    kyfdxkyfdx Moderator Posts: 237,383

    Moderators can you please provide lease numbers (zip code 94123, xDrive30i, 36/10K) such as residual, money factor with and without MSD (if available), and lease credits for current BMW owner who will be financing through BMWFS. Will be deciding between a X3 or X5.
    Thank you

    .00166 MF and 59% residual
    $1500 loyalty

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    xc60q5x3xc60q5x3 Member Posts: 30
    moderators could you please help me to get the mf and rv for 2018 BMW X3 xDrive 30i AWD in zip code 94568. Thanks.
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    xc60q5x3xc60q5x3 Member Posts: 30
    is this a good deal?

    2018 BMW X3 xDrive 30i stock#181744
    https://www.bmwconcord.com/inventory/new-2018-bmw-x3-xdrive30i-sports-activity-vehicle-awd-sport-utility-5uxtr9c51jld72690
    MSRP $44,145
    Special Price $40,613
    Residual value 59% or $26,045.55
    Rebate for Costco/Corp. Fleet and Conquest $1,500
    MF .00206 based on approval credit
    $1,000 from out of pocke and the monthly lease payment is $535.41+sales tax or $584.94 including sales tax.
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    xc60q5x3xc60q5x3 Member Posts: 30
    how should we utilize the down payment as a cap reduction or total drive off? Thanks.
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    MichaellMichaell Moderator Posts: 241,365
    xc60q5x3 said:

    moderators could you please help me to get the mf and rv for 2018 BMW X3 xDrive 30i AWD in zip code 94568. Thanks.

    .00166 and 59%

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    MichaellMichaell Moderator Posts: 241,365
    xc60q5x3 said:

    is this a good deal?

    2018 BMW X3 xDrive 30i stock#181744
    https://www.bmwconcord.com/inventory/new-2018-bmw-x3-xdrive30i-sports-activity-vehicle-awd-sport-utility-5uxtr9c51jld72690
    MSRP $44,145
    Special Price $40,613
    Residual value 59% or $26,045.55
    Rebate for Costco/Corp. Fleet and Conquest $1,500
    MF .00206 based on approval credit
    $1,000 from out of pocket and the monthly lease payment is $535.41+sales tax or $584.94 including sales tax.

    xc60q5x3 said:

    how should we utilize the down payment as a cap reduction or total drive off? Thanks.

    MF is marked up - base rate is .00166

    The $1000 will just about cover your inception costs - first payment and DMV costs (roughly 1.1% of MSRP)

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    xc60q5x3xc60q5x3 Member Posts: 30
    thank you.
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    kevin34kevin34 Member Posts: 42
    Hi,
    Was given a lease price on a 2018 18XD X3 xDr30i with 3k miles on it (a loaner). 36/10. MSRP is $51,635. Lease cap is $44k which includes $1500 loyalty credit and a $500 corp credit. Out of pocket is $3,238 which includes 1st month ($546), Acq fee ($925), Fees and Insurance ($95), Upfront taxes ($1672). $547 monthly payment in 10510 zip code. Decent deal?
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    kyfdxkyfdx Moderator Posts: 237,383
    kevin34 said:

    Hi,
    Was given a lease price on a 2018 18XD X3 xDr30i with 3k miles on it (a loaner). 36/10. MSRP is $51,635. Lease cap is $44k which includes $1500 loyalty credit and a $500 corp credit. Out of pocket is $3,238 which includes 1st month ($546), Acq fee ($925), Fees and Insurance ($95), Upfront taxes ($1672). $547 monthly payment in 10510 zip code. Decent deal?

    .00166 MF and 59% residual
    $750 reduction to residual, to account for the current mileage.

    With that MSRP and CAP, and adjusted residual, I get $519/mo.
    I'd guess there is a money factor bump.

    Also, you are at 11% off MSRP, before incentives. You might have another $500-$2000 of room on the price.

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    bobd_njbobd_nj Member Posts: 1
    Hello and thanks for the info you provide here - a real service! Can you provide mf and residual for 36/15 for both X3 30i and m40i?  07830 zip
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    crownregalcrownregal Member Posts: 4
    In Norcal (94088) and getting told a MF of .00206 not the base .00166. Is that the normal up here in Nor CAL? Asked about it told that is the standard from the BMW

    Or am I being mislead?

    If I get a good discount off of MSRP would that be a good offset for the higher MF?

    Thanks.
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    MichaellMichaell Moderator Posts: 241,365
    bobd_nj said:

    Hello and thanks for the info you provide here - a real service! Can you provide mf and residual for 36/15 for both X3 30i and m40i?  07830 zip

    .00166 and 56% for both

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    MichaellMichaell Moderator Posts: 241,365

    In Norcal (94088) and getting told a MF of .00206 not the base .00166. Is that the normal up here in Nor CAL? Asked about it told that is the standard from the BMW

    Or am I being mislead?

    If I get a good discount off of MSRP would that be a good offset for the higher MF?

    Thanks.

    .00206 is the max markup allowed by BMW.

    I wouldn't sign a lease with a marked up MF - but, I suppose if the discount is large enough, it might make up for it. You'll have to run the numbers both ways.

    We recommend 7% off MSRP as a target, so you'll need a bigger discount than that to make up for the MF hike.

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    yydgis2018yydgis2018 Member Posts: 2


    is it a good deal? MF is marked up to 0.00206. In San Jose, CA

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    wco81wco81 Member Posts: 590
    Is tax included in those monthly payments for the San Jose deal?

    How are they accounting for the DMV fees if Cash Due is $0?
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    MichaellMichaell Moderator Posts: 241,365



    is it a good deal? MF is marked up to 0.00206. In San Jose, CA

    Get the CAP cost - that is a 'purchase option' if you note the headings.

    You want to get the MF to the base rate of .00166.

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    crownregalcrownregal Member Posts: 4
    Advice on this deal? MF is marked up to .00206. Nor Cal.




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    kyfdxkyfdx Moderator Posts: 237,383

    Advice on this deal? MF is marked up to .00206. Nor Cal.




    Ask for the actual numbers that go with the lease quote.
    The tax number is for a purchase, and no mention of the $925 acquisition fee

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    bigbluefanaticbigbluefanatic Member Posts: 7
    Interested in getting feedback on a potential deal for a 2019 X3 xDrive 30i. MSRP $49,045, Sell Price after rebates $42,700, MF .00166, tax rate 8.625%, rolling in all taxes and fees into lease of 36 months $599 a month at 12,000 miles per year or $629 a month for 15,000 miles per year. Will owe first month plus approximately an additional $250 for DMV fees upon taking delivery. What do you think? Is there further room to reduce price? Also are rebates stackable for BMWs as of July 2018 such as for a recent college graduate and CCA on top of USAA or other benefit programs? Thanks.

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    MichaellMichaell Moderator Posts: 241,365

    Interested in getting feedback on a potential deal for a 2019 X3 xDrive 30i. MSRP $49,045, Sell Price after rebates $42,700, MF .00166, tax rate 8.625%, rolling in all taxes and fees into lease of 36 months $599 a month at 12,000 miles per year or $629 a month for 15,000 miles per year. Will owe first month plus approximately an additional $250 for DMV fees upon taking delivery. What do you think? Is there further room to reduce price? Also are rebates stackable for BMWs as of July 2018 such as for a recent college graduate and CCA on top of USAA or other benefit programs? Thanks.

    The 2019 X3 lease thread can be found, here:

    https://forums.edmunds.com/discussion/51140/bmw/x3/2019-bmw-x3-lease-deals-and-prices#latest

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    cocotutangococotutango Member Posts: 1
    Hi! Would someone please let me know the MF & RV for 2018 BMW X3 with 15k miles/36 mo for zip code 33966? Any manufacturer incentives? Thanks!
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    MichaellMichaell Moderator Posts: 241,365

    Hi! Would someone please let me know the MF & RV for 2018 BMW X3 with 15k miles/36 mo for zip code 33966? Any manufacturer incentives? Thanks!

    .00166 and 56%
    No lease incentives

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    sherocksherock Member Posts: 10
    Hi, looking for the MF/RV and any incentives on a 2018 BMW Xdrive 30i and sDrive 30i in zip code 94619. Thanks!
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    MichaellMichaell Moderator Posts: 241,365
    sherock said:

    Hi, looking for the MF/RV and any incentives on a 2018 BMW Xdrive 30i and sDrive 30i in zip code 94619. Thanks!

    36/15
    .00166 and 56%
    Both models
    No lease incentives

    Edmunds Price Checker
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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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    tallmasstallmass Member Posts: 56
    edited August 2018
    Hi may i get the mf and residual for august for 2019 x3 m40i (if theres a difference in model) for socal for 36 month 15k miles per year. thank you!
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    kyfdxkyfdx Moderator Posts: 237,383
    tallmass said:

    Hi may i get the mf and residual for august for 2019 x3 m40i (if theres a difference in model) for socal for 36 month 15k miles per year. thank you!

    Please post in the 2019 discussion, here:
    https://forums.edmunds.com/discussion/51140/bmw/x3/2019-bmw-x3-lease-deals-and-prices#latest

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    tallmasstallmass Member Posts: 56
    edited August 2018
    sorry i meant 2018, mf and residual for august for 2018 x3 m40i (if theres a difference in model) for socal for 36 month 15k miles per year. any lease/loyalty incentives? thank you!
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