2020 BMW X3 Lease Deals and Prices

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  • geeveeedgeeveeed Member Posts: 17
    edited May 2020
    Michaell said:

    geeveeed said:

    Hello - I received the below for a 2020 X3 M40i loaner (with around 4K miles) and would be interested in getting some feedback. My initial reaction is that the discount for a loaner should be more (close to 18%) and the MF also appears to be marked up.


    What zip code is this?

    Yes, we advise 15-18% off MSRP, before incentives, for a loaner vehicle.
    Thanks! Zip code is 02451. I was wondering what "Customer Cash" means in this quote - is this the downpayment they expect?
  • kyfdxkyfdx Moderator Posts: 267,627
    geeveeed said:

    Michaell said:

    geeveeed said:

    Hello - I received the below for a 2020 X3 M40i loaner (with around 4K miles) and would be interested in getting some feedback. My initial reaction is that the discount for a loaner should be more (close to 18%) and the MF also appears to be marked up.


    What zip code is this?

    Yes, we advise 15-18% off MSRP, before incentives, for a loaner vehicle.
    Thanks! Zip code is 02451. I was wondering what "Customer Cash" means in this quote - is this the downpayment they expect?
    It appears that the customer cash is the amount due from you at signing.
    $3000 from you + $2250 rebate = $5250 drive off.

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  • geeveeedgeeveeed Member Posts: 17
    kyfdx said:

    geeveeed said:

    Michaell said:

    geeveeed said:

    Hello - I received the below for a 2020 X3 M40i loaner (with around 4K miles) and would be interested in getting some feedback. My initial reaction is that the discount for a loaner should be more (close to 18%) and the MF also appears to be marked up.


    What zip code is this?

    Yes, we advise 15-18% off MSRP, before incentives, for a loaner vehicle.
    Thanks! Zip code is 02451. I was wondering what "Customer Cash" means in this quote - is this the downpayment they expect?
    It appears that the customer cash is the amount due from you at signing.
    $3000 from you + $2250 rebate = $5250 drive off.
    Thanks for the clarification - that adds up. Working the numbers I also see that the MF is not base.
  • Gunny35Gunny35 Member Posts: 32
    Can I please get the MF and RV on x3m40i and x4m40i for zip code 02459. Also any incentives.
    Thank you.
  • kyfdxkyfdx Moderator Posts: 267,627
    Gunny35 said:

    Can I please get the MF and RV on x3m40i and x4m40i for zip code 02459. Also any incentives.
    Thank you.

    X3: What term and mileage allowance?

    X4: https://forums.edmunds.com/discussion/57787/bmw/x4/2020-bmw-x4-lease-deals-and-prices#latest

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  • Gunny35Gunny35 Member Posts: 32
    12,000 miles 36 months
  • MichaellMichaell Moderator Posts: 264,400
    Gunny35 said:

    Can I please get the MF and RV on x3m40i and x4m40i for zip code 02459. Also any incentives.
    Thank you.

    Gunny35 said:

    12,000 miles 36 months

    .00118 and 56%
    $1500 lease credit

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  • DcharlesDcharles Member Posts: 6
    X3M zip 06001
    Residual for 36 10k
    And lease cash / loyalty.
  • MichaellMichaell Moderator Posts: 264,400
    Dcharles said:

    X3M zip 06001
    Residual for 36 10k
    And lease cash / loyalty.

    .00118 and 57%
    $3500 lease credit
    $1500 loyalty

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  • DcharlesDcharles Member Posts: 6
    Thank you
  • kk84uskk84us Member Posts: 12
    Hi - Can someone please advise if this is a good deal in NJ.
    2020 BMW X3 xDrive 30i (Loaner with Mileage: 4,109)
    MSRP: $54,570
    Selling Price: $51,730 (I was told this price includes taxes)
    Due at sign-in: $2,300 (This includes taxes, registration, first month payment, etc) No security deposits
    Monthly Payment: $563.61 ($500 off from first two payments. $2300 above includes first payment of $63)

    I am new to this so apologies if i am missing any information. Thanks
  • kk84uskk84us Member Posts: 12
    kk84us said:

    Hi - Can someone please advise if this is a good deal in NJ.
    2020 BMW X3 xDrive 30i (Loaner with Mileage: 4,109)
    MSRP: $54,570
    Selling Price: $51,730 (I was told this price includes taxes)
    Due at sign-in: $2,300 (This includes taxes, registration, first month payment, etc) No security deposits
    Monthly Payment: $563.61 ($500 off from first two payments. $2300 above includes first payment of $63)

    I am new to this so apologies if i am missing any information. Thanks

    Forgot to add MF and RV
    MF: 0.00118
    RV: 57%
  • kyfdxkyfdx Moderator Posts: 267,627
    kk84us said:

    kk84us said:

    Hi - Can someone please advise if this is a good deal in NJ.
    2020 BMW X3 xDrive 30i (Loaner with Mileage: 4,109)
    MSRP: $54,570
    Selling Price: $51,730 (I was told this price includes taxes)
    Due at sign-in: $2,300 (This includes taxes, registration, first month payment, etc) No security deposits
    Monthly Payment: $563.61 ($500 off from first two payments. $2300 above includes first payment of $63)

    I am new to this so apologies if i am missing any information. Thanks

    Forgot to add MF and RV
    MF: 0.00118
    RV: 57%
    Seems like an average deal for a service loaner.

    It would be good to know the actual selling price of the vehicle.

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  • fire_strikingfire_striking Member Posts: 6
    Hi! Can I get RV, MF and incentives for a 2020 BMW X3 xdrive 36/10? Zip 24060. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,627

    Hi! Can I get RV, MF and incentives for a 2020 BMW X3 xdrive 36/10? Zip 24060. Thanks!

    Which engine?

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  • fire_strikingfire_striking Member Posts: 6
    kyfdx said:

    Hi! Can I get RV, MF and incentives for a 2020 BMW X3 xdrive 36/10? Zip 24060. Thanks!

    Which engine?
    30i Sorry
  • kyfdxkyfdx Moderator Posts: 267,627

    kyfdx said:

    Hi! Can I get RV, MF and incentives for a 2020 BMW X3 xdrive 36/10? Zip 24060. Thanks!

    Which engine?
    30i Sorry
    .00118 MF and 57% residual
    $500 lease credit

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  • kiotoflkiotofl Member Posts: 8
    Hi there, could I please get RV, MF and incentives for a 2020 BMW X3 sDrive30i 36/12 & 24/12? Zip 33062. Thanks!
  • kk84uskk84us Member Posts: 12
    kyfdx said:

    kk84us said:

    kk84us said:

    Hi - Can someone please advise if this is a good deal in NJ.
    2020 BMW X3 xDrive 30i (Loaner with Mileage: 4,109)
    MSRP: $54,570
    Selling Price: $51,730 (I was told this price includes taxes)
    Due at sign-in: $2,300 (This includes taxes, registration, first month payment, etc) No security deposits
    Monthly Payment: $563.61 ($500 off from first two payments. $2300 above includes first payment of $63)

    I am new to this so apologies if i am missing any information. Thanks

    Forgot to add MF and RV
    MF: 0.00118
    RV: 57%
    Seems like an average deal for a service loaner.

    It would be good to know the actual selling price of the vehicle.
    Selling price is $47,500. Could you please advise what would be a good deal as there is room to negotiate. These numbers were given by the dealer without any negotiation. Thanks
  • kyfdxkyfdx Moderator Posts: 267,627
    kiotofl said:

    Hi there, could I please get RV, MF and incentives for a 2020 BMW X3 sDrive30i 36/12 & 24/12? Zip 33062. Thanks!

    .00118 MF
    60%/56% residual

    $1000 lease credit

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  • kyfdxkyfdx Moderator Posts: 267,627
    kk84us said:

    kyfdx said:

    kk84us said:

    kk84us said:

    Hi - Can someone please advise if this is a good deal in NJ.
    2020 BMW X3 xDrive 30i (Loaner with Mileage: 4,109)
    MSRP: $54,570
    Selling Price: $51,730 (I was told this price includes taxes)
    Due at sign-in: $2,300 (This includes taxes, registration, first month payment, etc) No security deposits
    Monthly Payment: $563.61 ($500 off from first two payments. $2300 above includes first payment of $63)

    I am new to this so apologies if i am missing any information. Thanks

    Forgot to add MF and RV
    MF: 0.00118
    RV: 57%
    Seems like an average deal for a service loaner.

    It would be good to know the actual selling price of the vehicle.
    Selling price is $47,500. Could you please advise what would be a good deal as there is room to negotiate. These numbers were given by the dealer without any negotiation. Thanks
    Calculated payment looks about right.

    There might be another $1000 of room in the selling price. That would drop the payment by about $30/mo (or, decrease you upfront amount by $1000)

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  • Aiber22Aiber22 Member Posts: 39
    Please provide Residual/MF/Incentives for BMW X3 sdrive 30i RWD 36/15K ZIP 21043
  • akang224akang224 Member Posts: 4
    Please provide for RV/MF for BMW X3 xdrive 30i (terms 36mo & 10k/yr, zip 10309)

    Thank you!
  • kyfdxkyfdx Moderator Posts: 267,627
    Aiber22 said:

    Please provide Residual/MF/Incentives for BMW X3 sdrive 30i RWD 36/15K ZIP 21043

    .00118 MF and 54% residual
    $500 lease credit

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  • kyfdxkyfdx Moderator Posts: 267,627
    akang224 said:

    Please provide for RV/MF for BMW X3 xdrive 30i (terms 36mo & 10k/yr, zip 10309)

    Thank you!

    .00118 MF and 57% residual
    $1000 lease credit

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  • akang224akang224 Member Posts: 4
    When people state a selling price as a % off of MSRP, are people referring to the selling price after incentives have been applied? My thought is that dealers have already applied all the incentives for them to advertise a "selling price"
  • capstonedscapstoneds Member Posts: 7
    I'm turning in a leased 530i and trying to get a good deal on a new X3 lease. I have been unsuccessful at negotiating a good deal, based on what I see from this forum.

    Question: Does the dealer get 'stuck' my turn in lease 530, which could be souring my X3 deal? Or does your turn in not matter. (My 530 is nice, but the book value has dropped well below the residual).

    Thanks,
    Kevin
  • MichaellMichaell Moderator Posts: 264,400
    akang224 said:

    When people state a selling price as a % off of MSRP, are people referring to the selling price after incentives have been applied? My thought is that dealers have already applied all the incentives for them to advertise a "selling price"

    You want to negotiate the price, pre-incentive.

    Use this link to help establish a target:
    https://www.edmunds.com/new-cars/

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  • MichaellMichaell Moderator Posts: 264,400

    I'm turning in a leased 530i and trying to get a good deal on a new X3 lease. I have been unsuccessful at negotiating a good deal, based on what I see from this forum.

    Question: Does the dealer get 'stuck' my turn in lease 530, which could be souring my X3 deal? Or does your turn in not matter. (My 530 is nice, but the book value has dropped well below the residual).

    Thanks,
    Kevin

    Your lease return has no bearing on the X3 deal.

    Work with multiple dealers at the same time, and play them off against one another.

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  • sz20sz20 Member Posts: 8
    Hello I am looking for MF & Residual for an 2020 X3 in WA hoping to do a lease for 36/10k. The car is a loaner listed at 48888 with 4k miles (I understand i should be looking at 15-18% off the original MSRP which was 54k)
  • kyfdxkyfdx Moderator Posts: 267,627
    sz20 said:

    Hello I am looking for MF & Residual for an 2020 X3 in WA hoping to do a lease for 36/10k. The car is a loaner listed at 48888 with 4k miles (I understand i should be looking at 15-18% off the original MSRP which was 54k)

    .00118 MF and 57% residual
    $500 lease credit

    Subtract $0.25/mile from the calculated residual, to account for current mileage.

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  • chispochispo Member Posts: 58
    X3 M, not the competition. 36/12 in DC metro? Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,627
    chispo said:

    X3 M, not the competition. 36/12 in DC metro? Thanks in advance!

    .00118 MF and 56% residual
    $3000 lease credit

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  • md219md219 Member Posts: 1
    Hello, can I please have information for a 2020 X3 xDrive30i 36/15k in 10314.
  • kyfdxkyfdx Moderator Posts: 267,627
    md219 said:

    Hello, can I please have information for a 2020 X3 xDrive30i 36/15k in 10314.

    .00118 MF and 54% residual
    $1000 lease credit

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  • Heisenberg_919Heisenberg_919 Member Posts: 8
    Hello - What are the MF, RV (36/12k) and incentives (lease credit, loyalty, etc) for a 2020 X3 M40i in 27703 please? Thanks!
  • MichaellMichaell Moderator Posts: 264,400

    Hello - What are the MF, RV (36/12k) and incentives (lease credit, loyalty, etc) for a 2020 X3 M40i in 27703 please? Thanks!

    .00118 and 56%
    $1500 lease credit
    $1500 loyalty

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  • maringoatmaringoat Member Posts: 34
    Hello - may I please have MF, RV, and any available incentives/rebates for a 2020 X3 xDrive 30i at 36/10 in 94105?
  • MichaellMichaell Moderator Posts: 264,400
    maringoat said:

    Hello - may I please have MF, RV, and any available incentives/rebates for a 2020 X3 xDrive 30i at 36/10 in 94105?

    .00118 and 57%
    $1000 lease credit

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  • maringoatmaringoat Member Posts: 34
    edited May 2020
    May I also have the MF, RV, and incentives for a 2020 X3 M40i at 36/10 in 94105?
  • maringoatmaringoat Member Posts: 34
    Michaell said:

    maringoat said:

    Hello - may I please have MF, RV, and any available incentives/rebates for a 2020 X3 xDrive 30i at 36/10 in 94105?

    .00118 and 57%
    $1000 lease credit
    Thanks! Is the $1,000 lease credit the only incentive available? What about the Conquest Credit and College Grad Program (if applicable)?
  • MichaellMichaell Moderator Posts: 264,400
    maringoat said:

    Michaell said:

    maringoat said:

    Hello - may I please have MF, RV, and any available incentives/rebates for a 2020 X3 xDrive 30i at 36/10 in 94105?

    .00118 and 57%
    $1000 lease credit
    Thanks! Is the $1,000 lease credit the only incentive available? What about the Conquest Credit and College Grad Program (if applicable)?
    $750 conquest
    $1000 college grad

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  • picomilliepicomillie Member Posts: 8
    Thoughts on this deal?

    2020 xDrive30e hybrid
    12k miles, 36 months
    MSRP: $56745
    Selling price: $49600
    DAS: $1200 + max MSD $4550
    Monthly: $630
  • MichaellMichaell Moderator Posts: 264,400

    Thoughts on this deal?

    2020 xDrive30e hybrid
    12k miles, 36 months
    MSRP: $56745
    Selling price: $49600
    DAS: $1200 + max MSD $4550
    Monthly: $630

    What is your ZIP code?

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  • picomilliepicomillie Member Posts: 8
    zip: 08822
  • kyfdxkyfdx Moderator Posts: 267,627
    maringoat said:

    May I also have the MF, RV, and incentives for a 2020 X3 M40i at 36/10 in 94105?

    $2000 lease credit on the M40i

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  • kyfdxkyfdx Moderator Posts: 267,627

    Thoughts on this deal?

    2020 xDrive30e hybrid
    12k miles, 36 months
    MSRP: $56745
    Selling price: $49600
    DAS: $1200 + max MSD $4550
    Monthly: $630

    zip: 08822

    .00118 MF and 56% residual
    $1000 lease credit

    .00083 MF w/MSDs

    Adjusted CAP of around $52000 to get that payment

    Seems about right, once you account for tax and acquisition fee.

    That is a reasonable deal.

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  • sman86sman86 Member Posts: 1
    Hello, could you please tell me if this is a good deal:

    xDrive30i lease for 36/10
    MSRP: $49,685
    Zip: 20904

    Initially, I was told $650/month with zero down or $546/month with $3k down.

    Then they said, if I exchange my current lease (2017 330i xDrive with 24.9K miles) which still has 3 payments left on the lease at $476/month, then they will give me the following deal:

    $545/month with $3k down and they waive my current remaining lease payments (plus the included $1000 new lease incentive)
    or $516/month with $4k down and they waive my current remaining lease, etc.

    I'm trying to get to maybe $520/month with $2k down...is that fair or not? I'm trying to negotiate MSRP but they keep saying the price they offer is already with a reduced MSRP...I'm calling BS on that...
  • kyfdxkyfdx Moderator Posts: 267,627
    sman86 said:

    Hello, could you please tell me if this is a good deal:

    xDrive30i lease for 36/10
    MSRP: $49,685
    Zip: 20904

    Initially, I was told $650/month with zero down or $546/month with $3k down.

    Then they said, if I exchange my current lease (2017 330i xDrive with 24.9K miles) which still has 3 payments left on the lease at $476/month, then they will give me the following deal:

    $545/month with $3k down and they waive my current remaining lease payments (plus the included $1000 new lease incentive)
    or $516/month with $4k down and they waive my current remaining lease, etc.

    I'm trying to get to maybe $520/month with $2k down...is that fair or not? I'm trying to negotiate MSRP but they keep saying the price they offer is already with a reduced MSRP...I'm calling BS on that...

    Every extra $1000 upfront is about $30/mo.

    If you look at a bunch of quotes, with different amounts Due upfront, it just serves to confuse you.
    You tell the dealer what amount you want to put upfront, and get the quotes from there.

    None of these deals excites me. Of course, sales tax on leases is high in MD, which doesn't help.

    But, detailed lease quotes are important.
    Sale price?
    Tax
    DMV fee
    Doc fee
    Adjusted CAP cost
    Amount due at signing

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  • knox_2020knox_2020 Member Posts: 1
    edited May 2020
    What is the 'likely' lowest monthly lease payment range I could get on the below? What are the incentives, MF, and RV? Also, would a costco membership or any other partnerships help take anything off the top? (I'm trying to be at ~$450/mo, for 36 mo/10-12k miles, and not a current BMW lessee/no conquest).

    1)
    2020 X3 xdrive30i Msport
    MSRP: 53,765
    Sale Price: 44,000
    Mileage: 3500
    zip: 10036

    2)
    2020 X3 xdrive30i
    MSRP: 52,655
    Sale Price: 43,999
    Mileage: 4400
    zip:10036

    Thanks very much!
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