2020 BMW X3 Lease Deals and Prices

kyfdx

kabbalah said:

What exactly is lease credit?

BMW to customer incentive. Applied as a CAP cost reduction

kyfdx

Michaell said:

x3buyerz said:

Thank you @kyfdx . What do you use to run the numbers?

kyfdx said:

x3buyerz said:

Hi - Does anyone know why the residuals for X3s (xDrive30) in California went down to 58% for 2020, while they were 61% for a 2017 (when there was about to be the big refresh in 2018)?

It's hard for me to understand, so it doesn't feel right since it's a more up-to-date model. I'd expect it to hold value longer.

My offer was:
MSRP $49,945
36mo / 12k miles
$579.99/mo including tax
Min drive off ($1438)
Residual 58%
MF (didn't record this)
$2750 Incentives (Lease Credit + Loyalty)
$5000 Dealer discount

Any thoughts on this one?

The residual is 57% for 36/12 (58% is for 36/10)
Actually, the 2017 model was 63% for 36/12

The high residual was an incentive to sell the last year of the model run in 2017.. simple as that.


I'd check the residual, to make sure you are getting the miles that you think you are.
Ask for the adjusted CAP cost, to make sure it squares with what you've been told.
With $1438 upfront, you should only have the $925 acquisition fee added to the amounts you've listed, unless you have purchased something else.

As it stands, I show a lower payment (though I don't know your sales tax rate)

We use an old fashioned spreadsheet.

I can do it with a pencil, and my brain, too...

kyfdx

Michaell said:

Booyakasha said:

Hello,

MF, RES, and incentives for X3 sDrive 36/12 91801 please?

Is loyalty a discount option if my car is a 2007 3 series registered in my name to my address here in Los Angeles?

BMWCCA rebate can also be deducted too right?

Thanks in advance!

.00128 and 57%
$1250 lease credit
$1500 loyalty, but not sure if your 2007 qualifies you
Yes, BMWCCA earns you a rebate check.

My friend leased a BMW in September, and his 1998 BMW Z3 qualified him for loyalty. Which was unexpected.

Booyakasha

kyfdx said:

Michaell said:

Booyakasha said:

Hello,

MF, RES, and incentives for X3 sDrive 36/12 91801 please?

Is loyalty a discount option if my car is a 2007 3 series registered in my name to my address here in Los Angeles?

BMWCCA rebate can also be deducted too right?

Thanks in advance!

.00128 and 57%
$1250 lease credit
$1500 loyalty, but not sure if your 2007 qualifies you
Yes, BMWCCA earns you a rebate check.

My friend leased a BMW in September, and his 1998 BMW Z3 qualified him for loyalty. Which was unexpected.

That is great to know! Thanks! It's also worth mentioning when recently dealing with brokers, they ask do you have a bmw registered to your name and current address. When I reply yes a 2007 3 series, they answer back with that's great/perfect. I can only speculate that could potentially count as loyalty.

Booyakasha

Please let me know if this is a good deal

2020 X3 sDrive 36mos/10K

MSRP: $51,315.00

Sale price: $45,671.00

Price after BMW incentive and loyalty: $42,921.00

MF: .00158

Lease payment $562.00 after 10.25% tax

$1604 DAS

I actually come up $552 with tax included, but is top deal good either way?

Thanks!

kyfdx

Booyakasha said:

Please let me know if this is a good deal

2020 X3 sDrive 36mos/10K

MSRP: $51,315.00

Sale price: $45,671.00

Price after BMW incentive and loyalty: $42,921.00

MF: .00158

Lease payment $562.00 after 10.25% tax

$1604 DAS

I actually come up $552 with tax included, but is top deal good either way?

Thanks!


The discount looks great, but they are clawing some of it back with the money factor markup.

.00128 is the base MF

treyxt

Hello, Looking at a x30i in 20009. 36/12 and 36/15. any incentives?

rolanam

When you have a chance, can you please provide the MF, RV, and incentives for a 2020 X3 M40i for both 10K and 12K? My zip code is 07417.

Thanks,
Roland

Michaell

treyxt said:

Hello, Looking at a x30i in 20009. 36/12 and 36/15. any incentives?

.00128 and 55%
$1250 lease credit

Michaell

rolanam said:

When you have a chance, can you please provide the MF, RV, and incentives for a 2020 X3 M40i for both 10K and 12K? My zip code is 07417.

Thanks,
Roland

36/12
.00128 and 57%
$2750 lease credit

TampaBenz

Hello, When you have a chance, can you please provide the MF, RV, and incentives for a 2020 X3 s30i & x30i for both 36 & 48 months, and 12K annual miles.

My zip code is 33578

Thank you kindly

rolanam

Michaell said:

rolanam said:

When you have a chance, can you please provide the MF, RV, and incentives for a 2020 X3 M40i for both 10K and 12K? My zip code is 07417.

Thanks,
Roland

36/12
.00128 and 57%
$2750 lease credit

Can you provide the same for 36/10? Thanks!

Michaell

TampaBenz said:

Hello, When you have a chance, can you please provide the MF, RV, and incentives for a 2020 X3 s30i & x30i for both 36 & 48 months, and 12K annual miles.

My zip code is 33578

Thank you kindly

36/12
.00128 and 57%
$1250 lease cash

No 48 month term supported by BMW

Michaell

rolanam said:

Michaell said:

rolanam said:

When you have a chance, can you please provide the MF, RV, and incentives for a 2020 X3 M40i for both 10K and 12K? My zip code is 07417.

Thanks,
Roland

36/12
.00128 and 57%
$2750 lease credit

Can you provide the same for 36/10? Thanks!

58% residual

y2karnival

Can I please get MF, Residual, and any incentives on 20 X3 m40i for 36/12k to 45371?

Booyakasha

Good, great or ok deal?





Loyalty has yet to be deducted either.

Thanks in advance for the help!

Michaell

y2karnival said:

Can I please get MF, Residual, and any incentives on 20 X3 m40i for 36/12k to 45371?

.00128 and 57%
$2750 lease credit

Michaell

Booyakasha said:

Good, great or ok deal?





Loyalty has yet to be deducted either.

Thanks in advance for the help!

.00128 and 57% are correct, as is the $1250 lease credit

However, what I don't see is the $925 acquisition fee - I think it's part of $22xx up front monies, but it isn't called out, specifically.

Loyalty is $1500.

But, all of that looks theoretical; you should get an actual quote from the dealer, then we'll have some real numbers to work with.

thesouthpawkc

Hi,
What is the MF, residual, and lease credits on a 2020 BMW X3 (36 months/10k miles).
Location - 97229
Details - Employee of a big company; could qualify for lease credits. Currently owning a 2005 Corolla.
Thanks!

kyfdx

thesouthpawkc said:

Hi,
What is the MF, residual, and lease credits on a 2020 BMW X3 (36 months/10k miles).
Location - 97229
Details - Employee of a big company; could qualify for lease credits. Currently owning a 2005 Corolla.
Thanks!

.00128 MF and 58% residual
$1250 lease credit

instarand

May I please have the lease numbers on a 2020 X3 xDrive 30i, 36 months, 12k/year zip 10019 and also zip 14120. Thanks!

Michaell

instarand said:

May I please have the lease numbers on a 2020 X3 xDrive 30i, 36 months, 12k/year zip 10019 and also zip 14120. Thanks!

.00128 and 57%
$1250 lease credit

Leasesearcher

May I get MF and residual for a 2020 X3 M40i in 78230? 12k/36 months. Thanks!

Michaell

Leasesearcher said:

May I get MF and residual for a 2020 X3 M40i in 78230? 12k/36 months. Thanks!

.00128 and 57%
$2750 lease credit

aharris15

Michaell said:

rhup said:

Can you please tell me how much discount can we ask a dealer on courtesy 2020 BMW X3 sdrive?

dealer price: $45,705
included packages: convenience, driving assistance, Live Cockpit Pro w/Navigation & 19" tires

Also, can you please tell me what fees are associated with pre-owned cars? Do they include destination charges?

If it hasn't been titled, you should target 15-18% off MSRP, before any incentives.

If it is new, then the factory sticker still applies, including destination.

Could you explain please "if it hasn't been titled?" Do dealers not have to title their loaners so they can be driven? I've seen on some dealer's loaners for lease a Carfax saying 1 previous owner (less than 5,000 miles), but see other dealers with no mention of a Carfax and was told the cars are considered "new" since they are under 5,000 miles. Thank you & Please excuse my ignorance on the topic!

Michaell

aharris15 said:

Michaell said:

rhup said:

Can you please tell me how much discount can we ask a dealer on courtesy 2020 BMW X3 sdrive?

dealer price: $45,705
included packages: convenience, driving assistance, Live Cockpit Pro w/Navigation & 19" tires

Also, can you please tell me what fees are associated with pre-owned cars? Do they include destination charges?

If it hasn't been titled, you should target 15-18% off MSRP, before any incentives.

If it is new, then the factory sticker still applies, including destination.

Could you explain please "if it hasn't been titled?" Do dealers not have to title their loaners so they can be driven? I've seen on some dealer's loaners for lease a Carfax saying 1 previous owner (less than 5,000 miles), but see other dealers with no mention of a Carfax and was told the cars are considered "new" since they are under 5,000 miles. Thank you & Please excuse my ignorance on the topic!

By "titled", I mean sold to a customer.

Dealer demos and service loaners were never sold, so they are eligible for the new car programs.

MrPinstripeSuit

Hi - What are the MF, RV (36/10k) and incentives (lease credit, loyalty, etc) for a 2020 X3 X30i in 97209? Thanks!

Michaell

MrPinstripeSuit said:

Hi - What are the MF, RV (36/10k) and incentives (lease credit, loyalty, etc) for a 2020 X3 X30i in 97209? Thanks!

.00128 and 58%
$1250 lease credit
$1500 loyalty

LoveCarsSeattle

What are the MF, RV (36/10k) and incentives (lease credit, loyalty, etc) for a 2020 X3 30i and M40i in 98006? Thanks!

kyfdx

LoveCarsSeattle said:

What are the MF, RV (36/10k) and incentives (lease credit, loyalty, etc) for a 2020 X3 30i and M40i in 98006? Thanks!

.00128 MF and 58% residual
$1250/$2750 lease credit for 30i/40i

$1500 loyalty

thesouthpawkc

I'm negotiating a lease for a 2020 BMW X3 xDrive30i (Jet Black ext, Mocha int)
It's got Convenience, Driving Asst., and Driving Asst. Plus packages.
Brand new (Odo: 000017). Lease terms: 36m/10k
MSRP: $52,135.00
Discount: $5350.33
Rebate: $2000.00
The dealer is including StarGuard which I think is a anti-theft system (not sure if it's worth it) for $599.00
Taxable fee: $925.00
Doc fee: $115.00
Tax: $231.54 (Oregon)
Reg Fee: $496.50
Monthly payment comes down to $575.00
Leasehackr score is 7.3
Is this a good deal? If not, what can I haggle down even more? Dealer is unwilling to negotiate further unless I show up in person. I feel I could get down to $550.00/month? Is that feasible?

Michaell

thesouthpawkc said:

I'm negotiating a lease for a 2020 BMW X3 xDrive30i (Jet Black ext, Mocha int)
It's got Convenience, Driving Asst., and Driving Asst. Plus packages.
Brand new (Odo: 000017). Lease terms: 36m/10k
MSRP: $52,135.00
Discount: $5350.33
Rebate: $2000.00
The dealer is including StarGuard which I think is a anti-theft system (not sure if it's worth it) for $599.00
Taxable fee: $925.00
Doc fee: $115.00
Tax: $231.54 (Oregon)
Reg Fee: $496.50
Monthly payment comes down to $575.00
Leasehackr score is 7.3
Is this a good deal? If not, what can I haggle down even more? Dealer is unwilling to negotiate further unless I show up in person. I feel I could get down to $550.00/month? Is that feasible?

StarGuard isn't worth it.

Would take about $1000 off the price to get to $550/mo.

How much does the dealer want at signing for the $575/mo quote?

Runforestrun

I am looking at courtesy and loaner BMW X3 which has approx 2500 miles on it. All are 2020. For zip 30040 I feel the price is too high for a lease. Please validate And provide your guidance.
Here is the lease number the dealer shared for the two modes listed below. For 10K miles
1) 2020 X3 Xdrive - MSRP 57290, sale price 50995
down payment 6090, monthly payment of 526/mo, MF - 0.00168 residual - 32789
2) 2020 X3 sdrive - MSRP 49370 sale price 42995
Down payment 6090, mingrjly payment of 499/mo, MF - 0.00168 residual - 28172
I guess residual is 57% for both the cars. There is a $2000 rebate built in to this.

Should I be negotiating for a lower price for the miles which are already there on the car.

Also please let me know what are the lease offers for BMW X3 in my zip code 30040. What should be the residual and MF And monthly outgo for 36K miles, 3 years.

Thanks

thesouthpawkc

Michaell said:

thesouthpawkc said:

I'm negotiating a lease for a 2020 BMW X3 xDrive30i (Jet Black ext, Mocha int)
It's got Convenience, Driving Asst., and Driving Asst. Plus packages.
Brand new (Odo: 000017). Lease terms: 36m/10k
MSRP: $52,135.00
Discount: $5350.33
Rebate: $2000.00
The dealer is including StarGuard which I think is a anti-theft system (not sure if it's worth it) for $599.00
Taxable fee: $925.00
Doc fee: $115.00
Tax: $231.54 (Oregon)
Reg Fee: $496.50
Monthly payment comes down to $575.00
Leasehackr score is 7.3
Is this a good deal? If not, what can I haggle down even more? Dealer is unwilling to negotiate further unless I show up in person. I feel I could get down to $550.00/month? Is that feasible?

StarGuard isn't worth it.

Would take about $1000 off the price to get to $550/mo.

How much does the dealer want at signing for the $575/mo quote?

Thanks for the help.
Zero down. Drive-off-the-lot amount is $837.00.
I am going to ask them to remove Starguard. The lease numbers were calculated with MF of 0.00168 while I got info that it is 0.00128. Is this something that can be negotiated?
What number do you think I should draw the line for monthly payments?

Michaell

Runforestrun said:

I am looking at courtesy and loaner BMW X3 which has approx 2500 miles on it. All are 2020. For zip 30040 I feel the price is too high for a lease. Please validate And provide your guidance.
Here is the lease number the dealer shared for the two modes listed below. For 10K miles
1) 2020 X3 Xdrive - MSRP 57290, sale price 50995
down payment 6090, monthly payment of 526/mo, MF - 0.00168 residual - 32789
2) 2020 X3 sdrive - MSRP 49370 sale price 42995
Down payment 6090, mingrjly payment of 499/mo, MF - 0.00168 residual - 28172
I guess residual is 57% for both the cars. There is a $2000 rebate built in to this.

Should I be negotiating for a lower price for the miles which are already there on the car.

Also please let me know what are the lease offers for BMW X3 in my zip code 30040. What should be the residual and MF And monthly outgo for 36K miles, 3 years.

Thanks

MF is marked up from the base rate of .00128

You want to target 15-18% off MSRP, before any incentives are applied.

I would recommend you only put up the first payment and registration costs at signing - $6K is way too much up front for what is basically a rental.

Michaell

thesouthpawkc said:

Michaell said:

thesouthpawkc said:

I'm negotiating a lease for a 2020 BMW X3 xDrive30i (Jet Black ext, Mocha int)
It's got Convenience, Driving Asst., and Driving Asst. Plus packages.
Brand new (Odo: 000017). Lease terms: 36m/10k
MSRP: $52,135.00
Discount: $5350.33
Rebate: $2000.00
The dealer is including StarGuard which I think is a anti-theft system (not sure if it's worth it) for $599.00
Taxable fee: $925.00
Doc fee: $115.00
Tax: $231.54 (Oregon)
Reg Fee: $496.50
Monthly payment comes down to $575.00
Leasehackr score is 7.3
Is this a good deal? If not, what can I haggle down even more? Dealer is unwilling to negotiate further unless I show up in person. I feel I could get down to $550.00/month? Is that feasible?

StarGuard isn't worth it.

Would take about $1000 off the price to get to $550/mo.

How much does the dealer want at signing for the $575/mo quote?

Thanks for the help.
Zero down. Drive-off-the-lot amount is $837.00.
I am going to ask them to remove Starguard. The lease numbers were calculated with MF of 0.00168 while I got info that it is 0.00128. Is this something that can be negotiated?
What number do you think I should draw the line for monthly payments?

Don't negotiate the MF - tell them you want the base rate (they know what it is), or you'll find another dealer.

Get multiple dealers involved; that way you know you're getting the best price.

svega

Hi - I'm new to the forum. I'm looking to lease a BMW in south FL. Any recommendations on a sales rep to use?

Runforestrun

Michaell said:

Runforestrun said:

I am looking at courtesy and loaner BMW X3 which has approx 2500 miles on it. All are 2020. For zip 30040 I feel the price is too high for a lease. Please validate And provide your guidance.
Here is the lease number the dealer shared for the two modes listed below. For 10K miles
1) 2020 X3 Xdrive - MSRP 57290, sale price 50995
down payment 6090, monthly payment of 526/mo, MF - 0.00168 residual - 32789
2) 2020 X3 sdrive - MSRP 49370 sale price 42995
Down payment 6090, mingrjly payment of 499/mo, MF - 0.00168 residual - 28172
I guess residual is 57% for both the cars. There is a $2000 rebate built in to this.

Should I be negotiating for a lower price for the miles which are already there on the car.

Also please let me know what are the lease offers for BMW X3 in my zip code 30040. What should be the residual and MF And monthly outgo for 36K miles, 3 years.

Thanks

MF is marked up from the base rate of .00128

You want to target 15-18% off MSRP, before any incentives are applied.

I would recommend you only put up the first payment and registration costs at signing - $6K is way too much up front for what is basically a rental.

Michaell said:

Runforestrun said:

I am looking at courtesy and loaner BMW X3 which has approx 2500 miles on it. All are 2020. For zip 30040 I feel the price is too high for a lease. Please validate And provide your guidance.
Here is the lease number the dealer shared for the two modes listed below. For 10K miles
1) 2020 X3 Xdrive - MSRP 57290, sale price 50995
down payment 6090, monthly payment of 526/mo, MF - 0.00168 residual - 32789
2) 2020 X3 sdrive - MSRP 49370 sale price 42995
Down payment 6090, mingrjly payment of 499/mo, MF - 0.00168 residual - 28172
I guess residual is 57% for both the cars. There is a $2000 rebate built in to this.

Should I be negotiating for a lower price for the miles which are already there on the car.

Also please let me know what are the lease offers for BMW X3 in my zip code 30040. What should be the residual and MF And monthly outgo for 36K miles, 3 years.

Thanks

MF is marked up from the base rate of .00128

You want to target 15-18% off MSRP, before any incentives are applied.

I would recommend you only put up the first payment and registration costs at signing - $6K is way too much up front for what is basically a rental.

Runforestrun

Thank you very much Michaell. When you say registration cost i am assuming it must me approx $2000+1st Monthly payment
And It includes ( acquisition cost, tax title and tag ) please do correct me if I am wrong.

Michaell

Runforestrun said:

Thank you very much Michaell. When you say registration cost i am assuming it must me approx $2000+1st Monthly payment
And It includes ( acquisition cost, tax title and tag ) please do correct me if I am wrong.

Acquisition fee is not part of registration - add that amount into the cap cost, and the monthly payment. Title and tag, plus first payment.

kabbalah

Here is the deal on my X3M Competition in California
MSRP $84395
paid invoice $79315 plus
Wheel protection $1895
Extended maintenance (covers brakes) $1295, Paint sealant (free)
$4250 rebates from BMW ($500 rebate also coming from BMW CCA)
.00168 MF Credit score is a bit down from before
$3400 DP
Residual 57% 36m 12k/year
$1159 month inc tax

The wheel & extended service sound like a lot but I have gone thru wheels & tires before in previous bimmers & it has paid itself. The extended service I'm not sure but I would guess that the brakes will be eaten up a couple of times over the 36 months and this covers pads & rotors which regular service does not.

whelement

May I get MF, residual and incentive for a 2020 X3 in 08558? 12k/36 months. Thanks!

Michaell

kabbalah said:

Here is the deal on my X3M Competition in California
MSRP $84395
paid invoice $79315 plus
Wheel protection $1895
Extended maintenance (covers brakes) $1295, Paint sealant (free)
$4250 rebates from BMW ($500 rebate also coming from BMW CCA)
.00168 MF Credit score is a bit down from before
$3400 DP
Residual 57% 36m 12k/year
$1159 month inc tax

The wheel & extended service sound like a lot but I have gone thru wheels & tires before in previous bimmers & it has paid itself. The extended service I'm not sure but I would guess that the brakes will be eaten up a couple of times over the 36 months and this covers pads & rotors which regular service does not.

Congrats!

Thanks for the report.

Michaell

whelement said:

May I get MF, residual and incentive for a 2020 X3 in 08558? 12k/36 months. Thanks!

What model, specifically

lewish32

Hi can I please get the MF and RV and any incentives on a 2020 xdrive30i in 04101? 36 months. 10k and 12k miles. Thank you!

kyfdx

lewish32 said:

Hi can I please get the MF and RV and any incentives on a 2020 xdrive30i in 04101? 36 months. 10k and 12k miles. Thank you!

36/12
.00128 MF and 57% residual
$1250 lease credit

lewish32

kyfdx said:

lewish32 said:

Hi can I please get the MF and RV and any incentives on a 2020 xdrive30i in 04101? 36 months. 10k and 12k miles. Thank you!

36/12
.00128 MF and 57% residual
$1250 lease credit

Are there numbers for 10k miles?

whelement

Michaell said:

whelement said:

May I get MF, residual and incentive for a 2020 X3 in 08558? 12k/36 months. Thanks!

What model, specifically

2020 X3 xDrive30i
Thanks.

r8rcr8z

Looking for the MF/RV, Incentives and and competitor cash for a 2020 M340i in 27615 area for 12k miles please. Appreciate it!

Michaell

lewish32 said:

kyfdx said:

lewish32 said:

Hi can I please get the MF and RV and any incentives on a 2020 xdrive30i in 04101? 36 months. 10k and 12k miles. Thank you!

36/12
.00128 MF and 57% residual
$1250 lease credit

Are there numbers for 10k miles?

58% residual