2018 BMW X3 Lease Deals and Prices

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  • JASZ8JASZ8 Member Posts: 3
    edited November 2017
    If you don't mind driving down to New York, I was quoted $756.82mo with $2291.85 down which includes the first month, acq fee etc... for the M40i
  • dolce02dolce02 Member Posts: 25
    JASZ8 said:

    If you don't mind driving down to New York, I was quoted $756.82mo with $2291.85 down which includes the first month, acq fee etc... for the M40i

    What's the sticker on the M40i you were looking at? Does the $756 a month include tax? We dropped the 20" wheels from our options which got us to an MSRP of $66,770 and one of the dealers came back with $899 plus $2,500 otd on the order. We're thinking of taking out the wheel package as was suggested above which would get us to $850 a month with $2,500 otd which I think is ok. I re ran the numbers and with all the fees, this would reflect about 6% discount off sticker.
  • JASZ8JASZ8 Member Posts: 3
    dolce02 said:

    JASZ8 said:

    If you don't mind driving down to New York, I was quoted $756.82mo with $2291.85 down which includes the first month, acq fee etc... for the M40i

    What's the sticker on the M40i you were looking at? Does the $756 a month include tax? We dropped the 20" wheels from our options which got us to an MSRP of $66,770 and one of the dealers came back with $899 plus $2,500 otd on the order. We're thinking of taking out the wheel package as was suggested above which would get us to $850 a month with $2,500 otd which I think is ok. I re ran the numbers and with all the fees, this would reflect about 6% discount off sticker.
    sticker price was $66170..$756 includes the tax..It was fully loaded except for the wireless charging...I decided to go with the 30i and got the price under $700 with the same down payment.
  • dolce02dolce02 Member Posts: 25
    JASZ8 said:


    dolce02 said:

    JASZ8 said:

    If you don't mind driving down to New York, I was quoted $756.82mo with $2291.85 down which includes the first month, acq fee etc... for the M40i

    What's the sticker on the M40i you were looking at? Does the $756 a month include tax? We dropped the 20" wheels from our options which got us to an MSRP of $66,770 and one of the dealers came back with $899 plus $2,500 otd on the order. We're thinking of taking out the wheel package as was suggested above which would get us to $850 a month with $2,500 otd which I think is ok. I re ran the numbers and with all the fees, this would reflect about 6% discount off sticker.
    sticker price was $66170..$756 includes the tax..It was fully loaded except for the wireless charging...I decided to go with the 30i and got the price under $700 with the same down payment.
    This is good to know! Thank you for sharing! Where in NY?
  • JASZ8JASZ8 Member Posts: 3
    dolce02 said:

    JASZ8 said:


    dolce02 said:

    JASZ8 said:

    If you don't mind driving down to New York, I was quoted $756.82mo with $2291.85 down which includes the first month, acq fee etc... for the M40i

    What's the sticker on the M40i you were looking at? Does the $756 a month include tax? We dropped the 20" wheels from our options which got us to an MSRP of $66,770 and one of the dealers came back with $899 plus $2,500 otd on the order. We're thinking of taking out the wheel package as was suggested above which would get us to $850 a month with $2,500 otd which I think is ok. I re ran the numbers and with all the fees, this would reflect about 6% discount off sticker.
    sticker price was $66170..$756 includes the tax..It was fully loaded except for the wireless charging...I decided to go with the 30i and got the price under $700 with the same down payment.
    This is good to know! Thank you for sharing! Where in NY?
    You're welcome...In Long Island..Rallye BMW
  • zdizekzdizek Member Posts: 35
    edited November 2017
    What is the MF and Residual for New York 36 month lease 12k miles for the 2018 X3 30i? I received a screenshot from the dealer showing MSRP and Invoice but I do not see the selling price. What numbers should I be looking out to determine if the price is good?
  • MichaellMichaell Moderator Posts: 264,388
    zdizek said:

    What is the MF and Residual for New York 36 month lease 12k miles for the 2018 X3 30i? I received a screenshot from the dealer showing MSRP and Invoice but I do not see the selling price. What numbers should I be looking out to determine if the price is good?

    .00152 and 58%

    You want to target 7% off sticker price.

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  • packers6packers6 Member Posts: 2
    NY (MRSP 54,345)
    X3 30i xDrive
    15,000 miles
    3 yr 735.91/mos
    3809 down
    Residual .62
    Convenience/Driver asst/Premium package
  • MichaellMichaell Moderator Posts: 264,388
    packers6 said:

    NY (MRSP 54,345)
    X3 30i xDrive
    15,000 miles
    3 yr 735.91/mos
    3809 down
    Residual .62
    Convenience/Driver asst/Premium package

    What is the selling price?

    .00152 and 56%

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  • nlezzo84nlezzo84 Member Posts: 10
    Just placed my order on a 2018 X3 M40i. Built it to MSRP 60,400.Agreed selling price of 55,000(just about 9% off msrp). Just $1000 down at time of build. Looking at monthly payment of about 635- with tax for 10k miles. This is a rough estimate as well have to see where residuals and MF go in Decemeber but this is based on November numbers and includes 1500 loyalty rebate, 500 corp fleet rebate and 500 holiday rebate. This is in NJ so just wanted to to share to let you all know there are certainly deals to shop around. My first NJ dealer i visited offered my 0% off MSRP(HAHA). There was also a dealership in PA offering 7% off MSRP
  • packers6packers6 Member Posts: 2
    packers6 said:
    NY (MRSP 54,345)
    X3 30i xDrive
    15,000 miles
    3 yr 735.91/mos
    3809 down
    Residual .62
    Convenience/Driver asst/Premium package

    What is the selling price?

    .00152 and 56%

    ---------------------------------
    50,580
  • MichaellMichaell Moderator Posts: 264,388
    packers6 said:

    packers6 said:
    NY (MRSP 54,345)
    X3 30i xDrive
    15,000 miles
    3 yr 735.91/mos
    3809 down
    Residual .62
    Convenience/Driver asst/Premium package

    What is the selling price?

    .00152 and 56%

    ---------------------------------
    50,580

    I get $683/mo

    What does the $3800 at signing cover?

    What is the adjusted cap cost, if different from the selling price?

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  • zdizekzdizek Member Posts: 35


    What else should I ask for to figure out if this is a good deal or not? I was told he could lower the price by $33 a month on top of this.
  • kyfdxkyfdx Moderator Posts: 267,625
    zdizek said:



    What else should I ask for to figure out if this is a good deal or not? I was told he could lower the price by $33 a month on top of this.

    You are almost 6% off MSRP, and no markups or garbage fees.
    If he can lower the price by $33/mo, with no change in upfront money, that looks like a good deal.

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  • orangerhymeorangerhyme Member Posts: 2
    Long time listener, first time poster :) thanks for all of your help!

    Looking at a 2018 x3 x30i in NJ:

    Base model + heated front seats ($500) + moonroof ($1,350)
    $44,450 MSRP
    $1,500 BMW rebate
    $40,343 selling price

    $2,995 cap cost reduction
    $2,310 MSDs - BMW allows applying my existing MSDs to the new 2018 X3

    $6,004 due at signing
    $350 per month

    36 months / 10K miles

    This looks like a good deal to me, but applying the MSDs and looking at the total due at signing is throwing me for a loop a bit... would appreciate your insights, thanks!
  • MichaellMichaell Moderator Posts: 264,388

    Long time listener, first time poster :) thanks for all of your help!

    Looking at a 2018 x3 x30i in NJ:

    Base model + heated front seats ($500) + moonroof ($1,350)
    $44,450 MSRP
    $1,500 BMW rebate
    $40,343 selling price

    $2,995 cap cost reduction
    $2,310 MSDs - BMW allows applying my existing MSDs to the new 2018 X3

    $6,004 due at signing
    $350 per month

    36 months / 10K miles

    This looks like a good deal to me, but applying the MSDs and looking at the total due at signing is throwing me for a loop a bit... would appreciate your insights, thanks!

    Skip the cap reduction, and roll the taxes and fees into the cap cost. If you are rolling over your MSDs, your out of cost should be just the first payment and registration costs.

    Also, shoot for 6% off sticker, then apply any available incentives.

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  • orangerhymeorangerhyme Member Posts: 2
    Thank you Michael!

    Taking 6% off MSRP gets me to $41,783, and after the $1,500 rebate I get a selling price of $40,283 - so it's just a $60 gap.

    I'd rather keep my monthly at $350, so I'd have to keep the cap cost reduction, right?
  • MichaellMichaell Moderator Posts: 264,388

    Thank you Michael!

    Taking 6% off MSRP gets me to $41,783, and after the $1,500 rebate I get a selling price of $40,283 - so it's just a $60 gap.

    I'd rather keep my monthly at $350, so I'd have to keep the cap cost reduction, right?

    Yes, but be advised that any cap reduction would be lost if the car is stolen or totaled.

    If you have a $350/mo budget, I might suggest something other than a BMW.

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  • djv_165djv_165 Member Posts: 5
    edited November 2017
    May I have 30i & M40i 36/12k MF and RV for North Carolina?
  • logapa12logapa12 Member Posts: 9
    I’ve never leased a car before, it doesn’t seem to make a lot of financial sense (forgive me if I’m wrong). I’d appreciated any input on the deal below:
  • MichaellMichaell Moderator Posts: 264,388
    djv_165 said:

    May I have 30i & M40i 36/12k MF and RV for North Carolina?

    .00152 and 58% for both trims

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  • MichaellMichaell Moderator Posts: 264,388
    logapa12 said:

    I’ve never leased a car before, it doesn’t seem to make a lot of financial sense (forgive me if I’m wrong). I’d appreciated any input on the deal below:

    A few general comments:

    First, use this link to educate yourself about leasing. It's not for everybody, and it isn't as complicated as you may think.

    https://www.edmunds.com/car-leasing/

    Second, we do not recommend using trade equity to buy down your lease payment. Unlike a purchase, the GAP insurance will not reimburse you for that up front cash you put down. Have the dealer cut you a check for the equity.

    Third, you want to negotiate the selling price for a lease just like you would for a purchase - for BMW, we suggest 7% off the MSRP.

    What state and tax rate is this? Taxes for a lease vary based on where you live, so the numbers on your worksheet may or may not be accurate - lots of dealers show a purchase quote, then "magically" show you a lease payment that isn't connected to those numbers.

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  • nlezzo84nlezzo84 Member Posts: 10
    Any December numbers? Looks like lease credit went from 500-1000
  • misterniceguymisterniceguy Member Posts: 25
    edited December 2017
    Hi,

    Looking for December MF, Residual and Incentives on X3 30i and 40i, 12k/36 please. I'm in NY state 14623. Thank you.
  • misterniceguymisterniceguy Member Posts: 25
    edited December 2017
    Any info? Thanks
  • dsafiandsafian Member Posts: 36
    Is there a variance for SoCal - or is this straight across the nation?
    Michaell said:

    djv_165 said:

    May I have 30i & M40i 36/12k MF and RV for North Carolina?

    .00152 and 58% for both trims
  • MichaellMichaell Moderator Posts: 264,388
    nlezzo84 said:

    Any December numbers? Looks like lease credit went from 500-1000

    What lease term and miles per year?

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  • MichaellMichaell Moderator Posts: 264,388

    Hi,

    Looking for December MF, Residual and Incentives on X3 30i and 40i, 12k/36 please. I'm in NY state 14623. Thank you.

    .00152 and 58%
    $1500 loyalty credit

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  • MichaellMichaell Moderator Posts: 264,388
    dsafian said:

    Is there a variance for SoCal - or is this straight across the nation?

    Michaell said:

    djv_165 said:

    May I have 30i & M40i 36/12k MF and RV for North Carolina?

    .00152 and 58% for both trims
    BMW numbers are national

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  • ruizb18ruizb18 Member Posts: 18
    Hello Michaell - any change in MF, residual, incentives for Dec? 36/12 for a M40i lease - thanks!
  • MichaellMichaell Moderator Posts: 264,388
    ruizb18 said:

    Hello Michaell - any change in MF, residual, incentives for Dec? 36/12 for a M40i lease - thanks!

    .00152 and 58%

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  • slolankanslolankan Member Posts: 264
    Hello!

    Can you please provide the RV and MF for 2018 X3 in So Cal?

    24 mo- 10k/12k

    36 mo -10k ? /12k I think is /58?

    Any incentives for Dec? 1500 Loyalty? Any lease cash?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,625
    slolankan said:

    Hello!

    Can you please provide the RV and MF for 2018 X3 in So Cal?

    24 mo- 10k/12k

    36 mo -10k ? /12k I think is /58?

    Any incentives for Dec? 1500 Loyalty? Any lease cash?

    Thanks!

    .00152 MF and 64%/58% residual for 24/36 months, 12K/yr
    Add 1% for 10K/yr

    $1500 loyalty

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  • duncanmaxduncanmax Member Posts: 12
    quote on X30i premium tier and driving assist plus- msrp at $53K and cap cost at 49K with 36/12 no money down- quote $750 per month

    good deal? What are MF and residual?
  • kyfdxkyfdx Moderator Posts: 267,625
    duncanmax said:

    quote on X30i premium tier and driving assist plus- msrp at $53K and cap cost at 49K with 36/12 no money down- quote $750 per month

    good deal? What are MF and residual?

    .00152 MF and 58% residual

    If that is the actual adjusted CAP, I get $628/mo.

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  • duncanmaxduncanmax Member Posts: 12
    NJ taxes of 1982, bank fee of 925, doc fee of 497.50 and dmv at 329.
  • kyfdxkyfdx Moderator Posts: 267,625
    duncanmax said:

    NJ taxes of 1982, bank fee of 925, doc fee of 497.50 and dmv at 329.

    I get $738/mo, if I add those amounts to the CAP. Pretty close

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  • manco_1manco_1 Member Posts: 10
    Hey guys,

    I'm in CA, and got the following offer:

    MSRP: 56,370
    Selling Price: 52,385
    Term: 36mo/12Kmi
    MF: .00172
    RV: 58%

    I'm going to ask for:
    MF: .00152
    Remove $897 cash toward cap reduction
    Is the $1500 rebate for Loyalty? Or another Dec promotion?

    Let me know if I'm missing anything or should clarify anything else with the dealer.

    Thanks!


  • kyfdxkyfdx Moderator Posts: 267,625
    manco_1 said:

    Hey guys,

    I'm in CA, and got the following offer:

    MSRP: 56,370
    Selling Price: 52,385
    Term: 36mo/12Kmi
    MF: .00172
    RV: 58%

    I'm going to ask for:
    MF: .00152
    Remove $897 cash toward cap reduction
    Is the $1500 rebate for Loyalty? Or another Dec promotion?

    Let me know if I'm missing anything or should clarify anything else with the dealer.

    Thanks!


    Are you asking for an additional $897 discount? If not, the $897 will be rolled into the CAP cost.
    The $1500 is the loyalty rebate

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  • manco_1manco_1 Member Posts: 10
    I'll push for an $897 discount instead. What monthly payment should we expect assuming .00152 MF, and how would you rate this deal?
  • kyfdxkyfdx Moderator Posts: 267,625
    manco_1 said:

    I'll push for an $897 discount instead. What monthly payment should we expect assuming .00152 MF, and how would you rate this deal?

    The base MF will save $17/mo.+tax on the payment.
    Negotiating a price that is lower by $897, and skipping the CAP reduction won't change the payment, but will result in $1000 less upfront out of your pocket ($897+tax, plus $18.60 lower 1st payment from dropping the money factor).

    So, you'll be around $696/mo. payment with just $1320 due at signing.

    You are at 7% off MSRP, so that looks like a good deal, if you can get those terms.

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  • hareskhan1hareskhan1 Member Posts: 4
    I need MF and residual on 2018 X3 xDrive30i on 36/10K for the zip code 60148 please.
  • MichaellMichaell Moderator Posts: 264,388

    I need MF and residual on 2018 X3 xDrive30i on 36/10K for the zip code 60148 please.

    .00152 and 59%

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  • preetipreeti Member Posts: 14
    Hello:
    Located in So, CA. I am looking to lease a base 2018 X3 30i with just heated seats. Lease terms 3 yrs/ 15K. One dealer has quoted MSRP $43,945, monthly lease payment $539 + tax. They are not giving me their selling price. Is this a good deal?
  • corantrepcorantrep Member Posts: 12
    Hi, Please quote MF and Residual for 2018 x3 30i Lux/Premium Tier for Florida. Thank you.
  • kyfdxkyfdx Moderator Posts: 267,625
    preeti said:

    Hello:
    Located in So, CA. I am looking to lease a base 2018 X3 30i with just heated seats. Lease terms 3 yrs/ 15K. One dealer has quoted MSRP $43,945, monthly lease payment $539 + tax. They are not giving me their selling price. Is this a good deal?

    .00152 MF and 56% residual

    Need all of the numbers to evaluate a lease deal.

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  • kyfdxkyfdx Moderator Posts: 267,625
    corantrep said:

    Hi, Please quote MF and Residual for 2018 x3 30i Lux/Premium Tier for Florida. Thank you.

    .00152 MF and 56% residual for 36/15

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  • phillippe2phillippe2 Member Posts: 2
    Hi,
    6% off Msrp, plus 1500 loyalty and 1500 cash back on 36/12. Nothing down. Does the agreement below add up correctly....a bit confusing
          


  • kyfdxkyfdx Moderator Posts: 267,625

    Hi,
    6% off Msrp, plus 1500 loyalty and 1500 cash back on 36/12. Nothing down. Does the agreement below add up correctly....a bit confusing

          


    Yes.. adds up perfectly.

    ZERO out of pocket, right?

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  • phillippe2phillippe2 Member Posts: 2
    Yes. Thank you!
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