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2018 BMW X3 Lease Question

cheermom14cheermom14 Member Posts: 5
edited April 2018 in BMW
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
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Answers

  • kyfdxkyfdx Moderator Posts: 236,968

    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?

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  • cheermom14cheermom14 Member Posts: 5
    36 months 
    15000 miles 
  • cheermom14cheermom14 Member Posts: 5
    Yes 2000 is full down payment 
  • cheermom14cheermom14 Member Posts: 5
    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!!
  • kyfdxkyfdx Moderator Posts: 236,968


    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!!

    .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.

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  • crundiecrundie Member Posts: 36
    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. 
  • kyfdxkyfdx Moderator Posts: 236,968
    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

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  • onuzjonuzj Member Posts: 11
    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!
  • MichaellMichaell Moderator Posts: 241,148
    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?

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  • onuzjonuzj Member Posts: 11
    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
  • kyfdxkyfdx Moderator Posts: 236,968
    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.

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  • MichaellMichaell Moderator Posts: 241,148
    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?

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  • onuzjonuzj Member Posts: 11
    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.

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