2020 BMW X7 Lease Deals and Prices

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Comments

  • MpowersMpowers Member Posts: 11
    Thanks Michaell!

    New build. X7 M50 Msrp 108k

    11% off before discounts/incentives

    MF: 0.00118

    Residual: 56%

    DAS: 1st payment plus fees

    36/10

    1230 monthly

    What do you think?
  • MichaellMichaell Moderator Posts: 265,705
    Mpowers said:

    Thanks Michaell!

    New build. X7 M50 Msrp 108k

    11% off before discounts/incentives

    MF: 0.00118

    Residual: 56%

    DAS: 1st payment plus fees

    36/10

    1230 monthly

    What do you think?

    I get $1175/mo, plus tax, so the quote seems reasonable.

    What fees, specifically, are you paying up front?

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  • MpowersMpowers Member Posts: 11
    DAS:

    1st payment $1231

    Acq fee $925

    DMV $400

    Doc fee $699

    NYC 8.75% tax rate

    I'm also strongly considering to put down 7 MSD and lower the payment to $1170
    from the research I've done i don't see a downside of it. What do you think?
  • kyfdxkyfdx Moderator Posts: 268,563
    Mpowers said:

    DAS:

    1st payment $1231

    Acq fee $925

    DMV $400

    Doc fee $699

    NYC 8.75% tax rate

    I'm also strongly considering to put down 7 MSD and lower the payment to $1170
    from the research I've done i don't see a downside of it. What do you think?

    Is your dealer in NY? If so, they can't offer MSDs.

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  • MpowersMpowers Member Posts: 11
    Registering in NY but dealer is in NJ - As i understand that works?
  • kyfdxkyfdx Moderator Posts: 268,563
    Mpowers said:

    Registering in NY but dealer is in NJ - As i understand that works?

    Correct, that should work

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  • MpowersMpowers Member Posts: 11
    Any downside of MSD? I was told the difference will be deducted upon the assessment of the car during lease return. But you get charged either way if it's not in "good" condition. Is there anything else to consider?
  • MichaellMichaell Moderator Posts: 265,705
    Mpowers said:

    Any downside of MSD? I was told the difference will be deducted upon the assessment of the car during lease return. But you get charged either way if it's not in "good" condition. Is there anything else to consider?

    No real downside to using the MSDs, other than the opportunity cost of the money you are using.

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  • MpowersMpowers Member Posts: 11
    No brainier in today's MARKET.
  • 70sschevelle70sschevelle Member Posts: 20
    Could I please get MF, residual and incentives for a 2020 X7 x40i for 36/15 in 60521? Thank you!
  • MichaellMichaell Moderator Posts: 265,705
    70sschevelle said:

    Could I please get MF, residual and incentives for a 2020 X7 x40i for 36/15 in 60521? Thank you!

    .00118 and 53%
    No incentives

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  • MikeBMW2MikeBMW2 Member Posts: 7
    Hello. Thank you for any assistance. I would appreciate the MF, residual and any incentives for 2020 X740i for 36/15 and 36/12, 10463 zip. Much thanks!
  • MichaellMichaell Moderator Posts: 265,705
    MikeBMW2 said:

    Hello. Thank you for any assistance. I would appreciate the MF, residual and any incentives for 2020 X740i for 36/15 and 36/12, 10463 zip. Much thanks!

    36/15
    .00118 and 53%
    $500 lease credit

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  • caltmancaltman Member Posts: 280
    edited May 2020
    May I have MF and residuals for 2020 X7 40i X-drive and M50i for 10k/36mo in Minneapolis please? Incentives? I'm coming out of a BMW lease.
  • kyfdxkyfdx Moderator Posts: 268,563
    caltman said:

    May I have MF and residuals for 2020 X7 40i X-drive and M50i for 10k/36mo in Minneapolis please? Incentives? I'm coming out of a BMW lease.

    .00118 MF and 56% residual

    $1000 lease credit on M50i only

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  • jb98765jb98765 Member Posts: 3
    edited May 2020
    May I have the MF and residual for 2020 X7 40i xdrive for 12k/36mo for 10016?

    Thanks!
  • MichaellMichaell Moderator Posts: 265,705
    jb98765 said:

    May I have the MF and residual for 2020 X7 40i xdrive for 12k/36mo for 10016?

    Thanks!

    .00118 and 55%
    $500 lease credit

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  • SuvcareSuvcare Member Posts: 4
    Hi ,
    I am very new to edmunds. I am interested in X7
    With mrsp $83245 and offering 2500 rebate , 2360 savings . What could be the good deal for 36mo/7500mi for 98203.
    Thank you
  • kyfdxkyfdx Moderator Posts: 268,563
    Suvcare said:

    Hi ,
    I am very new to edmunds. I am interested in X7
    With mrsp $83245 and offering 2500 rebate , 2360 savings . What could be the good deal for 36mo/7500mi for 98203.
    Thank you

    Which engine?

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  • SuvcareSuvcare Member Posts: 4
    BMW x7 40i xdrive
    Thank you
  • kyfdxkyfdx Moderator Posts: 268,563
    Suvcare said:

    Hi ,
    I am very new to edmunds. I am interested in X7
    With mrsp $83245 and offering 2500 rebate , 2360 savings . What could be the good deal for 36mo/7500mi for 98203.
    Thank you

    Suvcare said:

    BMW x7 40i xdrive
    Thank you

    .00118 MF and 57% residual

    I think the $2500 incentive is only on a purchase, and not valid with the lease program.

    $2360 off MSRP is less than 3% off. Shoot for 7% off, at least, then clarify if the $2500 is available on a lease.

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  • SuvcareSuvcare Member Posts: 4
    Thank you very much
  • bmwfan88bmwfan88 Member Posts: 2
    edited May 2020
    looking for MF and RV on bmw x7 40i and 50i in 33912 for 10k/36mo
  • MichaellMichaell Moderator Posts: 265,705
    bmwfan88 said:

    looking for MF and RV on bmw x7 in 33912 for 10k/36mo

    Which engine?

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  • dcarsdcars Member Posts: 7
    edited May 2020
    Residing in MD (Zip: 20852) but found a deal from a dealer in IL (Zip: 60173) on 7th May for X7 40i xDrive.

    MSRP: 77,270
    Selling price: 64,187
    Tax & all fees: 4,053
    Down: $2800 (includes 1st pay, title, doc fees & registration)
    Monthly Pay: $860
    Lease term: 36/12
    MF: .00118
    RV: .55

    Do you think the numbers were fair and correct?
  • MichaellMichaell Moderator Posts: 265,705
    dcars said:

    Residing in MD (Zip: 20852) but found a deal from a dealer in IL (Zip: 60173) on 7th May for X7 40i xDrive.

    MSRP: 77,270
    Selling price: 64,187
    Tax & all fees: 4,053
    Down: $2800 (includes 1st pay, title, doc fees & registration)
    Monthly Pay: $860
    Lease term: 36/12
    MF: .00118
    RV: .55

    Do you think the numbers were fair and correct?

    Base MF and a decent discount from sticker.

    Will you be responsible for MD sales tax when you register it?

    How does the $4053 break down?

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  • dcarsdcars Member Posts: 7
    edited May 2020
    The $4053 includes the 6% sales tax $3862 (MD sales tax), $172 doc fees, tire fees $4, other tax $15. As Non-Resident to IL, there won’t be any IL sales tax applicable here.

    What do you think of the deal? Good or bad?
    Michaell said:

    dcars said:

    Residing in MD (Zip: 20852) but found a deal from a dealer in IL (Zip: 60173) on 7th May for X7 40i xDrive.

    MSRP: 77,270
    Selling price: 64,187
    Tax & all fees: 4,053
    Down: $2800 (includes 1st pay, title, doc fees & registration)
    Monthly Pay: $860
    Lease term: 36/12
    MF: .00118
    RV: .55

    Do you think the numbers were fair and correct?

    Base MF and a decent discount from sticker.

    Will you be responsible for MD sales tax when you register it?

    How does the $4053 break down?
    Michaell said:

    dcars said:

    Residing in MD (Zip: 20852) but found a deal from a dealer in IL (Zip: 60173) on 7th May for X7 40i xDrive.

    MSRP: 77,270
    Selling price: 64,187
    Tax & all fees: 4,053
    Down: $2800 (includes 1st pay, title, doc fees & registration)
    Monthly Pay: $860
    Lease term: 36/12
    MF: .00118
    RV: .55

    Do you think the numbers were fair and correct?

    Base MF and a decent discount from sticker.

    Will you be responsible for MD sales tax when you register it?

    How does the $4053 break down?
    Michaell said:

    dcars said:

    Residing in MD (Zip: 20852) but found a deal from a dealer in IL (Zip: 60173) on 7th May for X7 40i xDrive.

    MSRP: 77,270
    Selling price: 64,187
    Tax & all fees: 4,053
    Down: $2800 (includes 1st pay, title, doc fees & registration)
    Monthly Pay: $860
    Lease term: 36/12
    MF: .00118
    RV: .55

    Do you think the numbers were fair and correct?

    Base MF and a decent discount from sticker.

    Will you be responsible for MD sales tax when you register it?

    How does the $4053 break down?
  • MichaellMichaell Moderator Posts: 265,705
    dcars said:

    The $4053 includes the 6% sales tax $3862 (MD sales tax), $172 doc fees, tire fees $4, other tax $15. As Non-Resident to IL, there won’t be any IL sales tax applicable here.

    What do you think of the deal? Good or bad?

    Michaell said:

    dcars said:

    Residing in MD (Zip: 20852) but found a deal from a dealer in IL (Zip: 60173) on 7th May for X7 40i xDrive.

    MSRP: 77,270
    Selling price: 64,187
    Tax & all fees: 4,053
    Down: $2800 (includes 1st pay, title, doc fees & registration)
    Monthly Pay: $860
    Lease term: 36/12
    MF: .00118
    RV: .55

    Do you think the numbers were fair and correct?

    Base MF and a decent discount from sticker.

    Will you be responsible for MD sales tax when you register it?

    How does the $4053 break down?
    Does the selling price include the acquisition and dealer fees? If not, they have to be accounted for, either up front or as part of the payment.

    As is, it looks pretty good, but I don't think we have the full picture, yet.

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  • dcarsdcars Member Posts: 7
    edited May 2020
    Ans: thanks. My understanding is that the downpayment of $2800 would include the 1st month’s pay ($860), dealer and acquisition fees ($885) and remaining $1055 of downpayment toward the total selling price and tax. In addition, I will have to pay for the transportation ($700) separately to the shipper though. Does it help to get the full picture?

    Does the selling price include the acquisition and dealer fees? If not, they have to be accounted for, either up front or as part of the payment.

    As is, it looks pretty good, but I don't think we have the full picture, yet.
  • MichaellMichaell Moderator Posts: 265,705
    dcars said:

    Ans: thanks. My understanding is that the downpayment of $2800 would include the 1st month’s pay ($860), dealer and acquisition fees ($885) and remaining $1055 of downpayment toward the total selling price and tax. In addition, I will have to pay for the transportation ($700) separately to the shipper though. Does it help to get the full picture?

    Does the selling price include the acquisition and dealer fees? If not, they have to be accounted for, either up front or as part of the payment.

    As is, it looks pretty good, but I don't think we have the full picture, yet.

    dcars said:

    Ans: thanks. My understanding is that the downpayment of $2800 would include the 1st month’s pay ($860), dealer and acquisition fees ($885) and remaining $1055 of downpayment toward the total selling price and tax. In addition, I will have to pay for the transportation ($700) separately to the shipper though. Does it help to get the full picture?

    Does the selling price include the acquisition and dealer fees? If not, they have to be accounted for, either up front or as part of the payment.

    As is, it looks pretty good, but I don't think we have the full picture, yet.

    The acquisition fee alone is $925, so some of the numbers are off.

    The more information we can get from the dealer, the better feedback we'll be able to provide.

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  • dcarsdcars Member Posts: 7
    I see the breakdown of the downpayment may be off. I will get more insights tomorrow.
  • dcarsdcars Member Posts: 7
    Ans: Got the breakdown of $2800 downpayment. This includes 1st mo pay, title, dealer fees, acquisition fees and MD registration fees. So, basically $1940 is additional to the selling price which I will be required to pay upfront.

    The acquisition fee alone is $925, so some of the numbers are off.

    The more information we can get from the dealer, the better feedback we'll be able to provide.
  • ArtofWar347ArtofWar347 Member Posts: 13
    Looking for MF and RV on BMW x7 40i and 50i in 07040 for 12k/36m, plus any incentives.
  • kyfdxkyfdx Moderator Posts: 268,563
    ArtofWar347 said:

    Looking for MF and RV on BMW x7 40i and 50i in 07040 for 12k/36m, plus any incentives.

    .00118 MF and 55% residual

    40i: $500 lease credit
    50i: $1500 lease credit

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  • SuvcareSuvcare Member Posts: 4
    Please check I don’t think it is a good deal in 98203. BMW 2020 X7 xdrive 40i. Mrsp 84145 discount 2735. Fees 1777, Balance 83187
    . Lease is 1158 for 6000 down payment for 36/10k
    Thank you
  • MichaellMichaell Moderator Posts: 265,705
    Suvcare said:

    Please check I don’t think it is a good deal in 98203. BMW 2020 X7 xdrive 40i. Mrsp 84145 discount 2735. Fees 1777, Balance 83187
    . Lease is 1158 for 6000 down payment for 36/10k
    Thank you

    Why $6K up front?
    And, is that $6K total out of pocket, or $6K down payment, plus first payemnt, fees, registration, etc.

    You should target 5-7% off MSRP, as well.

    As it stands, not a great deal.

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  • mindful2113mindful2113 Member Posts: 45
    Would you please provide the MF, Residual, and incentives for the 2020 X7 X40i, X50i, and lease 36/15 in 60525? Thanks in advance...
  • MichaellMichaell Moderator Posts: 265,705
    mindful2113 said:

    Would you please provide the MF, Residual, and incentives for the 2020 X7 X40i, X50i, and lease 36/15 in 60525? Thanks in advance...

    .00118 and 53%
    $1000 lease credit on 50i only

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  • X74mesoonX74mesoon Member Posts: 2
    Test driving a 2020 M50i tomorrow afternoon. Could you please provide current MF, residuals, and incentives for 80923? Thank you very much.
  • MichaellMichaell Moderator Posts: 265,705
    X74mesoon said:

    Test driving a 2020 M50i tomorrow afternoon. Could you please provide current MF, residuals, and incentives for 80923? Thank you very much.

    36/15
    .00118 and 53%
    $1000 lease credit

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  • bhuvneshbhuvnesh Member Posts: 3
    I got a quote for X7 40i custom built.
    MSRP : $ 87,604
    Sales Price: $ 79,990
    Cost to own (including taxes): $85,645

    Is this good deal?
    Location: 62704
  • kyfdxkyfdx Moderator Posts: 268,563
    bhuvnesh said:

    I got a quote for X7 40i custom built.
    MSRP : $ 87,604
    Sales Price: $ 79,990
    Cost to own (including taxes): $85,645

    Is this good deal?
    Location: 62704

    Edmunds has pricing tools, here:
    https://www.edmunds.com/new-cars/

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  • X74mesoonX74mesoon Member Posts: 2
    Michaell said:

    X74mesoon said:

    Test driving a 2020 M50i tomorrow afternoon. Could you please provide current MF, residuals, and incentives for 80923? Thank you very much.

    36/15
    .00118 and 53%
    $1000 lease credit
    Really appreciate the info. They sold the one on the lot but said they could bring in a similar vehicle from another dealer out of state. Their first offer was
    MSRP 117,325
    Discount 7,630
    Total including 8.25% sales tax, tag and title, doc fee, and shipping, 120,180

    36/10 1,694 das (first payment) 1694 month.
    $2000 down, plus first pay ($3,794) drops payment to $1,630.

    They didn’t tell me the mf used and they list the residual as 65,702. They also said there are no incentives on the M50i even after I mentioned that I believed there was.

    Any advice on how much more I can push would be appreciated. Does the fact that they’re dealer trading for the car make a difference?

    Thank you again

  • MichaellMichaell Moderator Posts: 265,705
    X74mesoon said:



    Michaell said:

    X74mesoon said:

    Test driving a 2020 M50i tomorrow afternoon. Could you please provide current MF, residuals, and incentives for 80923? Thank you very much.

    36/15
    .00118 and 53%
    $1000 lease credit
    Really appreciate the info. They sold the one on the lot but said they could bring in a similar vehicle from another dealer out of state. Their first offer was
    MSRP 117,325
    Discount 7,630
    Total including 8.25% sales tax, tag and title, doc fee, and shipping, 120,180

    36/10 1,694 das (first payment) 1694 month.
    $2000 down, plus first pay ($3,794) drops payment to $1,630.

    They didn’t tell me the mf used and they list the residual as 65,702. They also said there are no incentives on the M50i even after I mentioned that I believed there was.

    Any advice on how much more I can push would be appreciated. Does the fact that they’re dealer trading for the car make a difference?

    Thank you again

    Colorado taxes the monthly payment on a lease, so I dispute the tax amount the dealer is quoting.

    Ask them for a copy of the lease worksheet, and we can review the numbers.

    You are entitled to the lease credit; I'm not sure I'd continue to work with that dealer, though I know there's only the one in the Springs.

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  • shoumik99shoumik99 Member Posts: 4
    can i get MF and RV and avg discount for bmw x7 40i zip code 75035 36/10k
  • MichaellMichaell Moderator Posts: 265,705
    shoumik99 said:

    can i get MF and RV and avg discount for bmw x7 40i zip code 75035 36/10k

    .00118 and 56%
    No incentives

    Look here for pricing:
    https://www.edmunds.com/new-cars/

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  • bmwfan88bmwfan88 Member Posts: 2
    Michaell said:

    bmwfan88 said:

    looking for MF and RV on bmw x7 in 33912 for 10k/36mo

    Which engine?
    both x7 40i and x7 50i please and thanks
  • MichaellMichaell Moderator Posts: 265,705
    bmwfan88 said:

    Michaell said:

    bmwfan88 said:

    looking for MF and RV on bmw x7 in 33912 for 10k/36mo

    Which engine?
    both x7 40i and x7 50i please and thanks
    .00118 and 56%
    Lease credit
    50i $1500
    40i $500

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  • myersthemanmyerstheman Member Posts: 1
    Can I get MF and RV and incentives for 28104 12yr 36 please the 40i x7
  • MichaellMichaell Moderator Posts: 265,705
    myerstheman said:

    Can I get MF and RV and incentives for 28104 12yr 36 please the 40i x7

    .00118 and 55%
    No incentives

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