Looking to lease 2019 BMW X3

date08312017date08312017 Member Posts: 5
edited June 2019 in BMW
Please let me know if any current deals on this .

Below is the quote i got from BMW.

MSRP $54,545
Sale Price (before rebates) $50,345
Rebates $2000 lease rebate + $750 conquest
Money Factor 0.00165
Residual 59%
Sales Tax $1,795
Down : 4100 $
Monthly : 559 $



Comments

  • kyfdxkyfdx Moderator Posts: 255,871

    Please let me know if any current deals on this .

    Below is the quote i got from BMW.

    MSRP $54,545
    Sale Price (before rebates) $50,345
    Rebates $2000 lease rebate + $750 conquest
    Money Factor 0.00165
    Residual 59%
    Sales Tax $1,795
    Down : 4100 $
    Monthly : 559 $



    What is your location?

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  • date08312017date08312017 Member Posts: 5
    I have not signed yet . I have Volvo S60 T6 in my mind. I have received quote for that vehicle . I will test Drive this week
  • date08312017date08312017 Member Posts: 5
    I am looking for best deal .
  • kyfdxkyfdx Moderator Posts: 255,871

    I am looking for best deal .

    Numbers may be regional. What is your location?

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  • date08312017date08312017 Member Posts: 5
    New Jersey
  • date08312017date08312017 Member Posts: 5
    Volvo S60 T6 Incription
    S6 T6 Incription
    MSRP 49790
    selling 42073
    Ris 58%
    MF 0.00082
    Millage /Term : 10K/36M
    Monthly 534$
    Down Payment 0$

  • kyfdxkyfdx Moderator Posts: 255,871

    Please let me know if any current deals on this .

    Below is the quote i got from BMW.

    MSRP $54,545
    Sale Price (before rebates) $50,345
    Rebates $2000 lease rebate + $750 conquest
    Money Factor 0.00165
    Residual 59%
    Sales Tax $1,795
    Down : 4100 $
    Monthly : 559 $



    .00165 MF and 59% residual is correct for 36/10
    Those are also the correct incentives.

    $4100 upfront?
    $559 payment
    +$925 acquisition fee
    +$350 NJ DMV fees
    +dealer fee? $500?
    +$1700 tax?
    + CAP reduction?

    Looks about right. Need an adjusted CAP of about $47600 to get that payment.
    You have a 7.7% discount from MSRP, which seems good. If you want a lower payment (or less money upfront), that is the place to work on the deal.

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  • kyfdxkyfdx Moderator Posts: 255,871

    Volvo S60 T6 Incription
    S6 T6 Incription
    MSRP 49790
    selling 42073
    Ris 58%
    MF 0.00082
    Millage /Term : 10K/36M
    Monthly 534$
    Down Payment 0$

    We have 59% residual for 36/10
    $2000 Volvo Allowance

    Payment seems a little high. I'd want to know the adjusted CAP cost, and an itemization of how they got there.
    (plus, check on the residual)

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