If an X3 loaner has ~600 miles on it. How much discount off the MSRP should I expect to be reasonable? Also I found some dealers not willing to do the whole $1000 OL credit and only doing $500 credit. Is this normal?
No info on OL application.
Generally, we recommend 15% off MSRP for loaners, but 600 miles isn't all that many. Start at 15% off, before incentives, and see what the dealer says.
@kyfdx - I thought the net cap cost as selling price plus taxes fees minus rebate, trade-in and down payment? How should I calculate adjusted cap cost? I didn't see that in the dealer quote. Why 5k down? Id prefer to put down 2500 but I want to lower my monthly payment. Given this, what do you think of the quote? Is it reasonable? Thx for your help
@kyfdx - I thought the net cap cost as selling price plus taxes fees minus rebate, trade-in and down payment? How should I calculate adjusted cap cost? I didn't see that in the dealer quote. Why 5k down? Id prefer to put down 2500 but I want to lower my monthly payment. Given this, what do you think of the quote? Is it reasonable? Thx for your help
NET = Adjusted
You are correct on how it's calculated. Do you have the number? Of course, tax is levied on the payment in California, so not part of the CAP, unless it's upfront tax on CAP reduction.
The Adjusted cap cost wasn't onn the dealer quote but based on the breakdown of his numbers, I'd calculate it as 35392.85.My zip is 94105 so the tax rate is 8.5%.
The Adjusted cap cost wasn't onn the dealer quote but based on the breakdown of his numbers, I'd calculate it as 35392.85.My zip is 94105 so the tax rate is 8.5%.
We are kind of guessing, without the actual number. You'll have upfront sales tax on CAP reduction, as well, and that could be substantial, given the rebate the amount of money upfront.
Before you subtract CAP reduction, you have to allocate first payment, DMV, doc fee and $925 acquisition fee, then calculate the upfront CAP reduction tax, and then subtract what's left over, out of the $7500, to get the adjusted CAP.
9% off MSRP plus $2500 in rebates seems like a decent deal.
good afternoon! i am wondering if it is better to find a 2019 lease or 2020 lease deal for the X3 at this point. can u kindly advise?
i do very little driving so usually lease 36 months, 7.5K miles. zip 33133 can you provide MF, RV, incentives (i am new to BMW) and any other tips to look out for on? 1)rear-wheel-drive sDrive30i 2)all-wheel-drive xDrive30i *both with Driving Assistance Plus package*
is it worth getting excess wear & tear or tire protection on lease? appreciate finance usually slaps this on after you walk away from sales desk and adds to your monthly payment any tips to negotiate despite a lease? any hidden fees to look out for or definites to negotiate? i've heard despite lease u can still negotiate vehicle price...and u should never give a down payment in case of a total loss. anything u can advise greatly appreciated! tk u
Comments
Generally, we recommend 15% off MSRP for loaners, but 600 miles isn't all that many. Start at 15% off, before incentives, and see what the dealer says.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00128 MF and 55% residual
Deduct $0.25/mile from the calculate residual amount, to account for current mileage.
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I am looking to lease a loaner car from my local dealer, the msrp is $50,500 and 36 term. My zip code is 11030 and I currently have a BMW.
Please show me breakdown on the fees and what is the price I should be getting?
Thanks
https://www.edmunds.com/tmv.html
How many miles per year?
$925 acquisition fee
$75 doc fee (max allowed in NY)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00128 and 58% for 36/10
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00128 MF and 55% residual
$1750 lease credit
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36/12 please
57%?
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I was told mf .00128 and 58 residual.
For loaner car should take 15% off msrp.
If that the case I contacted many dealer and they always gave me different number.
Can someone please tell me the true value the lease should be.
Thanks
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00128 and 57%
$1750 lease credit
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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$1750 lease credit
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$1750 lease credit
Either engine
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2020 questions go here:
https://forums.edmunds.com/discussion/57152/bmw/x3/2020-bmw-x3-lease-deals-and-prices#latest
Ask all the follow ups you need to.
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.00128 and 57%
$1750 lease credit
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$1750 lease credit
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
$1750 lease credit
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$1750 lease credit
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$1750 lease credit
There will be an adjustment to the residual for the miles; how many does it have?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Tell them you'll find another dealer if you don't get the base rate.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
MSRP 47,135.00
Discount 4,242.15
Sale Price 42,892.85
Rebate 2,500.00
Money Down 5,000.00
Residual 27,338.30 (58%)
Money Factor 0.00128
Monthly payment: $410.84
Would like any feedback on this quote. Thank you!
Why put $5K upfront on a lease?
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You are correct on how it's calculated. Do you have the number?
Of course, tax is levied on the payment in California, so not part of the CAP, unless it's upfront tax on CAP reduction.
What is your sales tax rate?
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Before you subtract CAP reduction, you have to allocate first payment, DMV, doc fee and $925 acquisition fee, then calculate the upfront CAP reduction tax, and then subtract what's left over, out of the $7500, to get the adjusted CAP.
9% off MSRP plus $2500 in rebates seems like a decent deal.
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$1750 lease credit
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
i am wondering if it is better to find a 2019 lease or 2020 lease deal for the X3 at this point.
can u kindly advise?
i do very little driving so usually lease 36 months, 7.5K miles. zip 33133
can you provide MF, RV, incentives (i am new to BMW) and any other tips to look out for on?
1)rear-wheel-drive sDrive30i
2)all-wheel-drive xDrive30i
*both with Driving Assistance Plus package*
is it worth getting excess wear & tear or tire protection on lease? appreciate finance usually slaps this on after you walk away from sales desk and adds to your monthly payment
any tips to negotiate despite a lease? any hidden fees to look out for or definites to negotiate?
i've heard despite lease u can still negotiate vehicle price...and u should never give a down payment in case of a total loss. anything u can advise greatly appreciated! tk u
Any incentives? Loyalty? Thanks.
Just trying to verify before I sign my deal which I will share here once finalized.