2018 BMW X3 Lease Question

cheermom14

Could you please tell me if this is a fair deal?
2018 BMW X3 xDrive30i
$MSRP is $49745
Dealer came down 4,000
1,500 loyalty incentive
=$44245
$2000 down
Payment $656.82

kyfdx

cheermom14 said:

Could you please tell me if this is a fair deal?
2018 BMW X3 xDrive30i
$MSRP is $49745
Dealer came down 4,000
1,500 loyalty incentive
=$44245
$2000 down
Payment $656.82

What is the term and mileage allowance?
Is $2000 the full amount due at signing?

cheermom14

36 months 
15000 miles 

cheermom14

Yes 2000 is full down payment 

cheermom14

kyfdx said:

Could you please tell me if this is a fair deal? 2018 BMW X3 xDrive30i $MSRP is $49745 Dealer came down 4,000 1,500 loyalty incentive =$44245 $2000 down Payment $656.82

What is the term and mileage allowance? Is $2000 the full amount due at signing?

15000 miles, 36 months
yes 2000 is full amt at signing 
thanks!!

kyfdx

cheermom14 said:

kyfdx said:

cheermom14 said:

Could you please tell me if this is a fair deal?
2018 BMW X3 xDrive30i
$MSRP is $49745
Dealer came down 4,000
1,500 loyalty incentive
=$44245
$2000 down
Payment $656.82

What is the term and mileage allowance?
Is $2000 the full amount due at signing?

15000 miles, 36 months
yes 2000 is full amt at signing 
thanks!!

.00156 MF and 56% residual

I get $568/mo, plus tax.
Assuming your $2000 covers 1st payment, acquisition fee and DMV/dealer fees, the $656/mo looks a little high.

Which state? North Carolina?
Tax rate? 3% max on cars?

I'll guess there is a really big dealer/doc fee, and the money factor is marked up.

crundie

Can you please tell me the September numbers for an X3M40i, 10/24, 12/24 and 12/36?  ZIP Code is 91604. 

Thanks in advance. 

kyfdx

crundie said:

Can you please tell me the September numbers for an X3M40i, 10/24, 12/24 and 12/36?  ZIP Code is 91604. 

Thanks in advance. 

.00166 MF
64%/58% residual for 24/36 mo, 12K/yr
Add 1% for 10K/yr

onuzj

Hello,

I was hoping to see if this was a good deal:

2018 X3 xDrive

MSRP $51,085
with Costco membership and $1000 new grad rebate comes down to
$44,380

$1378 due at signing
$573/ mo plus tax
36 mo
10k mi/year
MF: 0.00202
Residual 59%
Zip 92124 (San Diego)

Thank you!

Michaell

onuzj said:

Hello,

I was hoping to see if this was a good deal:

2018 X3 xDrive

MSRP $51,085
with Costco membership and $1000 new grad rebate comes down to
$44,380

$1378 due at signing
$573/ mo plus tax
36 mo
10k mi/year
MF: 0.00202
Residual 59%
Zip 92124 (San Diego)

Thank you!

The MF is marked up from the base rate of .00182

What does the $1378 due at signing cover?

onuzj

Hello,

I just asked for the base market price and they replied with 0.00182 on approved credit.

New monthly with this MF comes out to $558.56 plus tax (43.29)

$1378 covers first payment, taxes, DMV registration/fees.

Thanks

kyfdx

onuzj said:

Hello,

I just asked for the base market price and they replied with 0.00182 on approved credit.

New monthly with this MF comes out to $558.56 plus tax (43.29)

$1378 covers first payment, taxes, DMV registration/fees.

Thanks

If I add the $925 acquisition fee to the sale price, I get the same pre-tax payment. (w/.00182 MF)

Looks like a reasonable deal. No red flags.

Michaell

onuzj said:

Hello,

I just asked for the base market price and they replied with 0.00182 on approved credit.

New monthly with this MF comes out to $558.56 plus tax (43.29)

$1378 covers first payment, taxes, DMV registration/fees.

Thanks

Nice to save over $500 during your lease.

Have you signed?

onuzj

Hi,

Thanks for the confirmation. I haven't yet. This dealership is about 100 miles from me but I go up there pretty often so I thought I'd give them a shot.