2020 BMW X3 Lease Deals and Prices

Michaell

fm100 said:

I am going to order 2020 X3. MSRP is 52420 including destination charge. For purchase, I am getting 8500 off the MSRP. And interest rate is 2.99. Is this a good deal?

16% off MSRP for a new (not loaner / demo?) 2020 is a good discount.

nabeelio

Michaell said:

nabeelio said:

Hi y'all. Looking at an x30i, 36/10 in 02144. I see there's the "road home" program of 4k, what else can be stacked on that? Is there also lease credit on top of that?

.00128 and 58%
$1250 lease credit

I don't know anything about the $4k, but I'll guess it's valid for purchase only.

Thank you.

It's this: https://www.bmwusa.com/special-offers/year-end-sales-event.html

Offer available to qualified customers with excellent credit history who finance through BMW Financial Services NA, LLC. Offer limited to customers who have owned a BMW model in the last 12 months. In order to qualify for a BMW Loyalty Credit, loyal current or former BMW owners or lessees must show proof of ownership or BMW Financial Services NA, LLC account number and qualify for credit approval. Available credits: $4,500 off new 2019 BMW 3 Series and 5 series, $4,000 off new 2020 BMW X3, $3,250 off new 2019 BMW X5. Must take delivery by December 2nd, 2019. Availability of finance and loyalty credits are subject to dealer participation. Visit your authorized BMW Center for important details.

kyfdx

fm100 said:

I am going to order 2020 X3. MSRP is 52420 including destination charge. For purchase, I am getting 8500 off the MSRP. And interest rate is 2.99. Is this a good deal?

Looks good from here

Michaell

nabeelio said:

Michaell said:

nabeelio said:

Hi y'all. Looking at an x30i, 36/10 in 02144. I see there's the "road home" program of 4k, what else can be stacked on that? Is there also lease credit on top of that?

.00128 and 58%
$1250 lease credit

I don't know anything about the $4k, but I'll guess it's valid for purchase only.

Thank you.

It's this: https://www.bmwusa.com/special-offers/year-end-sales-event.html

Offer available to qualified customers with excellent credit history who finance through BMW Financial Services NA, LLC. Offer limited to customers who have owned a BMW model in the last 12 months. In order to qualify for a BMW Loyalty Credit, loyal current or former BMW owners or lessees must show proof of ownership or BMW Financial Services NA, LLC account number and qualify for credit approval. Available credits: $4,500 off new 2019 BMW 3 Series and 5 series, $4,000 off new 2020 BMW X3, $3,250 off new 2019 BMW X5. Must take delivery by December 2nd, 2019. Availability of finance and loyalty credits are subject to dealer participation. Visit your authorized BMW Center for important details.

Wow. I'd jump all over that, if you qualify.

kyfdx

nabeelio said:

Michaell said:

nabeelio said:

Hi y'all. Looking at an x30i, 36/10 in 02144. I see there's the "road home" program of 4k, what else can be stacked on that? Is there also lease credit on top of that?

.00128 and 58%
$1250 lease credit

I don't know anything about the $4k, but I'll guess it's valid for purchase only.

Thank you.

It's this: https://www.bmwusa.com/special-offers/year-end-sales-event.html

Offer available to qualified customers with excellent credit history who finance through BMW Financial Services NA, LLC. Offer limited to customers who have owned a BMW model in the last 12 months. In order to qualify for a BMW Loyalty Credit, loyal current or former BMW owners or lessees must show proof of ownership or BMW Financial Services NA, LLC account number and qualify for credit approval. Available credits: $4,500 off new 2019 BMW 3 Series and 5 series, $4,000 off new 2020 BMW X3, $3,250 off new 2019 BMW X5. Must take delivery by December 2nd, 2019. Availability of finance and loyalty credits are subject to dealer participation. Visit your authorized BMW Center for important details.

Appears to be a finance incentive, not lease.

mntk04c

Hi,
I'm trying to get my first x3 s30i, 36mo/15k in 94040. What is the MF and residual, incentives?

teekei7

Hello,

I need assistance in evaluating a deal in 84104 for a 36/10 lease on a X3 xDrive 30i

MSRP: 50,635.00
Savings: 6855.00
Selling Price: 43,780.00
BMW Ultimate Care: 995.00
Subtotal: 44,775.00
Tax: 3369.18
Dealer Fees: 710.00
Grand Total: 48,854.18

DAS: $3,000 for a monthly payment of $572.15.

I'm not getting the same numbers when I plug into the calculator but its most likely user error.

Thanks for your help

Michaell

mntk04c said:

Hi,
I'm trying to get my first x3 s30i, 36mo/15k in 94040. What is the MF and residual, incentives?

.00128 and 55%
$1250 lease credit

Michaell

teekei7 said:

Hello,

I need assistance in evaluating a deal in 84104 for a 36/10 lease on a X3 xDrive 30i

MSRP: 50,635.00
Savings: 6855.00
Selling Price: 43,780.00
BMW Ultimate Care: 995.00
Subtotal: 44,775.00
Tax: 3369.18
Dealer Fees: 710.00
Grand Total: 48,854.18

DAS: $3,000 for a monthly payment of $572.15.

I'm not getting the same numbers when I plug into the calculator but its most likely user error.

Thanks for your help

.00128 and 58%
$1250 lease credit

The tax amount is incorrect; UT taxes the monthly payment.

That looks like a purchase quote, as I don't see the $925 acquisition fee

Ask the dealer for a copy of their lease worksheet.

guoying

Hi,
Considering x3 x30i, 36mo/10k in 11791.
What is the MF and residual, incentives?
Thanks in advance.

kyfdx

guoying said:

Hi,
Considering x3 x30i, 36mo/10k in 11791.
What is the MF and residual, incentives?
Thanks in advance.

.00128 MF and 58% residual
$1250 lease credit

blufftonjoe

2020 X3Xdrive... MSRP $49,845, discounts and rebates $7200,closing fee$499, acqfee$925,totle$15, Rrgisttstion$40, Balance$44,624. Money factor .00128, Rrsidual $27,414@15k miles , $28,910@ 12k miles $3500 down , 12 k miles with monthly @ $484 and &$539 @15k miles with monthly @$539 with $3000 down . Good deal or not ? Zip is 29910. Bluffton Joe

Michaell

blufftonjoe said:

2020 X3Xdrive... MSRP $49,845, discounts and rebates $7200,closing fee$499, acqfee$925,totle$15, Rrgisttstion$40, Balance$44,624. Money factor .00128, Rrsidual $27,414@15k miles , $28,910@ 12k miles $3500 down , 12 k miles with monthly @ $484 and &$539 @15k miles with monthly @$539 with $3000 down . Good deal or not ? Zip is 29910. Bluffton Joe

Why start a lease with so much up front money? We recommend only the first payment and registration costs be paid at signing, and roll everything else into the lease.

Do you have the itemization of the up front money? That's a good place for the dealer to slip in some bogus fees.

hnnhnn

Hi, could you give me latest 36/10 MF, RV, and incentives for 94403 for an 2020 X3 xdrive?

Opening offer:

MSRP: $54,970
Reduced price: $49,299 + taxes and fees (10% off)
Lease rebate: $1,250
Conquest: $750
With incentives: $47,299 + taxes and fees (14% off)
MF: .00168
Residual: 58%
36 months, 10k miles, $1,500 down
$590 + taxes and fees (not getting this when I run the numbers)

I assume this MF is inflated but is the pricing deal (10% pre incentives) ok?

Thanks for your help.

kyfdx

hnnhnn said:

Hi, could you give me latest 36/10 MF, RV, and incentives for 94403 for an 2020 X3 xdrive?

Opening offer:

MSRP: $54,970
Reduced price: $49,299 + taxes and fees (10% off)
Lease rebate: $1,250
Conquest: $750
With incentives: $47,299 + taxes and fees (14% off)
MF: .00168
Residual: 58%
36 months, 10k miles, $1,500 down
$590 + taxes and fees (not getting this when I run the numbers)

I assume this MF is inflated but is the pricing deal (10% pre incentives) ok?

Thanks for your help.

.00128 MF and 58% residual
$1250 lease credit
$750 conquest

CA taxes the monthly payment. Are you sure that the $590/mo doesn't include tax?
Is $1500 the total amount Due at Signing?

Marked up money factor adds $35/mo.
The discount seems good.

valleydavid

Hello, can I get MF/Residual on both the 2019 and 2020 BMW X3 sDrvie 36/12 in 93063?

Michaell

valleydavid said:

Hello, can I get MF/Residual on both the 2019 and 2020 BMW X3 sDrvie 36/12 in 93063?

2020
.00128 and 57%
$1250 lease credit

Please ask 2019 X3 lease questions here:
https://forums.edmunds.com/discussion/51140/bmw/x3/2019-bmw-x3-lease-deals-and-prices#latest

Tae95

2020 x3 XDRIVE30I for 36/10 and 36/12.

Please let me know the MF RV and incentives for zip 62711. Thanks

tejesh

Hello!

I am looking for MF, RV and any incentives/rebate details on X3 M40i in 19335 zip code. Lease terms: 36/12K.

Thanks for helping this community.

kyfdx

Tae95 said:

2020 x3 XDRIVE30I for 36/10 and 36/12.

Please let me know the MF RV and incentives for zip 62711. Thanks

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

kyfdx

tejesh said:

Hello!

I am looking for MF, RV and any incentives/rebate details on X3 M40i in 19335 zip code. Lease terms: 36/12K.

Thanks for helping this community.

.00128 MF and 57% residual
$1250 lease credit

Harfster

Are guys really getting $8,500 off MSRP for a 2020 X3?

FM100, your deal appears to be the best deal I’ve ever heard of?! Mind sharing the dealer?

Tae95

2020 X3 drive 30i

MRSP: $50445
With incentives: $48,000 + taxes and fees
MF: 0.00155
Residual: 57%
36 months, 12k miles, 0 down
Monthly payment: $681

Is the pricing deal ok? They won't decrease the MF further.

kyfdx

Tae95 said:

2020 X3 drive 30i

MRSP: $50445
With incentives: $48,000 + taxes and fees
MF: 0.00155
Residual: 57%
36 months, 12k miles, 0 down
Monthly payment: $681

Is the pricing deal ok? They won't decrease the MF further.

The price is high and the money factor is marked up.

Nothing about that deal is okay. Shop more dealers

mp_1725

Hello! May I get the latest MF, RV, and lease incentives for a 2020 BMW X3 M Competition, 30 months / 10k/year, zip 78704 Thanks!!

kyfdx

mp_1725 said:

Hello! May I get the latest MF, RV, and lease incentives for a 2020 BMW X3 M Competition, 30 months / 10k/year, zip 78704 Thanks!!

.00128 MF
61%/58% residual for 30/36 months
$1250 lease credit

I wouldn't consider a shorter term lease in Texas, where you pay sales tax on the full selling price of the vehicle.

coolamty

2020 X3 xDrive 30i zip code 53051
MSRP $50,735.00
DISCOUNT -$2,000,00
REBATE - $2,000.00

36 month lease 10,000 miles per year
$599.00 per month

$3,428.98 due at start
Lease end value $29,426.3

Money Factor 0.00168

What do the experts think of these numbers?

Tommymal

Can anyone confirm if this is a good deal 2020 X3 xDrive 30i
MSRP $48,350
Selling price $44,120
Residual 58%
MF .00128
$615 a month with $0 down
36/10k Zip 11378

hnnhnn

kyfdx said:

hnnhnn said:

Hi, could you give me latest 36/10 MF, RV, and incentives for 94403 for an 2020 X3 xdrive?

Opening offer:

MSRP: $54,970
Reduced price: $49,299 + taxes and fees (10% off)
Lease rebate: $1,250
Conquest: $750
With incentives: $47,299 + taxes and fees (14% off)
MF: .00168
Residual: 58%
36 months, 10k miles, $1,500 down
$590 + taxes and fees (not getting this when I run the numbers)

I assume this MF is inflated but is the pricing deal (10% pre incentives) ok?

Thanks for your help.

.00128 MF and 58% residual
$1250 lease credit
$750 conquest

CA taxes the monthly payment. Are you sure that the $590/mo doesn't include tax?
Is $1500 the total amount Due at Signing?

Marked up money factor adds $35/mo.
The discount seems good.

Thanks. I got more information and they are basically putting all fees and even the first payment (?) in the cap.

MSSP = $54,970
Discount = 5,671
Sale price = $49,299

Minus Rebates = $2000
Minus down payment = $1500
Plus fees = $1,832.08 ($995 acquisition, $85 doc, $634 other, $188.08 upfront taxes)
Plus 1st payment = $644.61

Net Cap cost = $48,275.69

MF = 0.00168 (still inflated), RV 58%
Pre tax payment: $590.03
Post tax payment: $644.61
Cash at close: $1,500 (everything else rolled into cap)

I can replicate the math now, but trying to find out what the $634 in fees are -- but doesn’t seem totally out of line from some of the other postings.

Seems odd to add the 1st payment to the cap as it artificially increases the total price (but not by much). Essentially, you'd be financing your first payment.

Otherwise, is it better in general to try to get all fees applied to the cap like they are doing? (assuming I guess your investment portfolio beats the lease rate)

Haven't tried to push back hard on the MF but they claim the 40 point inflation goes with the "great discount from MSSP". Seems like MF adds ~$1,200 to the cost over the 36 months so that would make the "great discount" more like 8% off MSSP. Which seems ok but we should be shooting for 10% before rebates, right?

Thanks for the advice.

Michaell

coolamty said:

2020 X3 xDrive 30i zip code 53051
MSRP $50,735.00
DISCOUNT -$2,000,00
REBATE - $2,000.00

36 month lease 10,000 miles per year
$599.00 per month

$3,428.98 due at start
Lease end value $29,426.3

Money Factor 0.00168

What do the experts think of these numbers?

Not a big discount.

MF marked up the max.

Not a good deal.

Read back through this thread, to see what others have negotiated.

What does the $3400 up front cover?

Michaell

Tommymal said:

Can anyone confirm if this is a good deal 2020 X3 xDrive 30i
MSRP $48,350
Selling price $44,120
Residual 58%
MF .00128
$615 a month with $0 down
36/10k Zip 11378

$0 down, or $0 due at signing?

Else, the taxes and fees will be added to the selling price.

Which is what's happened here; those prices give me $539/mo.

The cap cost would have to be around $46,700 for that payment - you need to have the dealer give you the figures that are added to the selling price to get that number (roughly $2600)

Michaell

hnnhnn said:

kyfdx said:

hnnhnn said:

Hi, could you give me latest 36/10 MF, RV, and incentives for 94403 for an 2020 X3 xdrive?

Opening offer:

MSRP: $54,970
Reduced price: $49,299 + taxes and fees (10% off)
Lease rebate: $1,250
Conquest: $750
With incentives: $47,299 + taxes and fees (14% off)
MF: .00168
Residual: 58%
36 months, 10k miles, $1,500 down
$590 + taxes and fees (not getting this when I run the numbers)

I assume this MF is inflated but is the pricing deal (10% pre incentives) ok?

Thanks for your help.

.00128 MF and 58% residual
$1250 lease credit
$750 conquest

CA taxes the monthly payment. Are you sure that the $590/mo doesn't include tax?
Is $1500 the total amount Due at Signing?

Marked up money factor adds $35/mo.
The discount seems good.

Thanks. I got more information and they are basically putting all fees and even the first payment (?) in the cap.

MSSP = $54,970
Discount = 5,671
Sale price = $49,299

Minus Rebates = $2000
Minus down payment = $1500
Plus fees = $1,832.08 ($995 acquisition, $85 doc, $634 other, $188.08 upfront taxes)
Plus 1st payment = $644.61

Net Cap cost = $48,275.69

MF = 0.00168 (still inflated), RV 58%
Pre tax payment: $590.03
Post tax payment: $644.61
Cash at close: $1,500 (everything else rolled into cap)

I can replicate the math now, but trying to find out what the $634 in fees are -- but doesn’t seem totally out of line from some of the other postings.

Seems odd to add the 1st payment to the cap as it artificially increases the total price (but not by much). Essentially, you'd be financing your first payment.

Otherwise, is it better in general to try to get all fees applied to the cap like they are doing? (assuming I guess your investment portfolio beats the lease rate)

Haven't tried to push back hard on the MF but they claim the 40 point inflation goes with the "great discount from MSSP". Seems like MF adds ~$1,200 to the cost over the 36 months so that would make the "great discount" more like 8% off MSSP. Which seems ok but we should be shooting for 10% before rebates, right?

Thanks for the advice.

You've got it .. the "great" discount isn't so great when you realize how much they are taking back with the MF hike.

Fees may be the DMV costs for registration.

Push for the base MF, and see what happens to the discount.

And, engage with other dealers to have them compete for your business.

diggssss

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

Michaell

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

diggssss

Michaell said:

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

Dealer and Gov fees look ok? Not sure what Gov fees are TBH.

blufftonjoe

Does the Dealer have the flexibility to apply the money factor ? We also received the .00168 rate and pushed back on that number . We have 6 years of financing with BMW Financial and should be offered their best Rate as a Preferred Customer , don’t you think ? As you have mentioned in other postings , the difference in the 2 Money Factors has a significant dollar amount impact . About $1200 I think you mentioned . Also , should the Dealer reduce the MSRP before you subtract the Rebates , Discounts , Loyalty rewards , Test drive discounts , etc ? Thank you again . Bluffton Joe

kyfdx

diggssss said:

Michaell said:

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

Dealer and Gov fees look ok? Not sure what Gov fees are TBH.

Those look typical.

If you are doing MSDs, how can your Due at Signing be $518?

kyfdx

blufftonjoe said:

Does the Dealer have the flexibility to apply the money factor ? We also received the .00168 rate and pushed back on that number . We have 6 years of financing with BMW Financial and should be offered their best Rate as a Preferred Customer , don’t you think ? As you have mentioned in other postings , the difference in the 2 Money Factors has a significant dollar amount impact . About $1200 I think you mentioned . Also , should the Dealer reduce the MSRP before you subtract the Rebates , Discounts , Loyalty rewards , Test drive discounts , etc ? Thank you again . Bluffton Joe

BMWFS provides the .00128 MF
The markup is entirely up to your dealer.
If they won't drop it, find another dealer.

Yes, you should negotiate a discount from MSRP, before subtracting incentives.

diggssss

kyfdx said:

diggssss said:

Michaell said:

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

Dealer and Gov fees look ok? Not sure what Gov fees are TBH.

Those look typical.

If you are doing MSDs, how can your Due at Signing be $518?

kyfdx said:

diggssss said:

Michaell said:

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

Dealer and Gov fees look ok? Not sure what Gov fees are TBH.

Those look typical.

If you are doing MSDs, how can your Due at Signing be $518?

Yea your right it’s 518 + MSD due forgot to put that number in.

blufftonjoe

kyfdx said:

blufftonjoe said:

Does the Dealer have the flexibility to apply the money factor ? We also received the .00168 rate and pushed back on that number . We have 6 years of financing with BMW Financial and should be offered their best Rate as a Preferred Customer , don’t you think ? As you have mentioned in other postings , the difference in the 2 Money Factors has a significant dollar amount impact . About $1200 I think you mentioned . Also , should the Dealer reduce the MSRP before you subtract the Rebates , Discounts , Loyalty rewards , Test drive discounts , etc ? Thank you again . Bluffton Joe

BMWFS provides the .00128 MF
The markup is entirely up to your dealer.
If they won't drop it, find another dealer.

Yes, you should negotiate a discount from MSRP, before subtracting incentives.

blufftonjoe

Thanks a lot . Why do the Dealers think they can slip the higher money factor past a loyal BMW customer ? I know the answer . Because they can . Appreciate the info on getting a discount on MSRP before we go through crediting all the coupons and discounts the dealer and BMW Financial provided us . I’ll keep you posted on all the details if we turn in our 2017 X3 for the 2020 X3 . You would think they would give you their best offers to a repeat Customer of 6 years but , I guess that’s asking too much .

kyfdx

diggssss said:

kyfdx said:

diggssss said:

Michaell said:

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

Dealer and Gov fees look ok? Not sure what Gov fees are TBH.

Those look typical.

If you are doing MSDs, how can your Due at Signing be $518?

kyfdx said:

diggssss said:

Michaell said:

diggssss said:

Looking for some input on this deal I am looking to sign this week. Zip: 07302 36/10

2020 BMW X3 xDrive30i
MSPR: $52,245
Discounted: $45,976 (12%)
Residual: 58%
MF: .00128
MSDs: 7
New MF: .00093
Post discount Incentives: $3000 (lease credit + conquest + fleet + OL)
Fees: $2,024 ($925 acquisition, $599 dealer, $500 government)
Taxes: 6.625%
Due at Signing: $518 (first month)
Monthly: $518

I don;t see anything wrong with that deal.

Dealer and Gov fees look ok? Not sure what Gov fees are TBH.

Those look typical.

If you are doing MSDs, how can your Due at Signing be $518?

Yea your right it’s 518 + MSD due forgot to put that number in.

Looks like a good deal.

Tommymal

For you experts, how is this deal looking?

2020 X3
36/10k
Zip code 14068
0.00128
MSRP $49535
Adjusted Price $45000
Balance $48,094
Residual $28,731
$626 per month
$1000 due at signing.

Tommymal

Michaell said:

Tommymal said:

Can anyone confirm if this is a good deal 2020 X3 xDrive 30i
MSRP $48,350
Selling price $44,120
Residual 58%
MF .00128
$615 a month with $0 down
36/10k Zip 11378

$0 down, or $0 due at signing?

Else, the taxes and fees will be added to the selling price.

Which is what's happened here; those prices give me $539/mo.

The cap cost would have to be around $46,700 for that payment - you need to have the dealer give you the figures that are added to the selling price to get that number (roughly $2600)

Sorry forgot to add, $930 due at signing.

Michaell

Tommymal said:

For you experts, how is this deal looking?

2020 X3
36/10k
Zip code 14068
0.00128
MSRP $49535
Adjusted Price $45000
Balance $48,094
Residual $28,731
$626 per month
$1000 due at signing.

.00128 and 58%

With those prices, I get $636/mo.

Deal looks good, from here.

Do you know the composition of the $3094 between the adjusted price and the balance?

mntk04c

First time leasing a car, first BMW. Learning a lot from this forum.
Currently planning 36/15k, 94404 (CA)
I got two quotes from dealerships. Monthly payments seem very high.
What is wrong, what should I ask, and what part I could improve for better pricing?

1. $3000 down, monthly: $628


2. $3000 down, monthly: $646



I'm also trying to 0 down and max MSD once I get a decent offer.
Thanks for any help!!

Tommymal

Michaell said:

Tommymal said:

For you experts, how is this deal looking?

2020 X3
36/10k
Zip code 14068
0.00128
MSRP $49535
Adjusted Price $45000
Balance $48,094
Residual $28,731
$626 per month
$1000 due at signing.

.00128 and 58%

With those prices, I get $636/mo.

Deal looks good, from here.

Do you know the composition of the $3094 between the adjusted price and the balance?

Yeah
Tax $1994.34
Acquisition $925
Inspection $10
Registration $80
NYS waste tire $10
Doc $75

Michaell

Tommymal said:

Michaell said:

Tommymal said:

For you experts, how is this deal looking?

2020 X3
36/10k
Zip code 14068
0.00128
MSRP $49535
Adjusted Price $45000
Balance $48,094
Residual $28,731
$626 per month
$1000 due at signing.

.00128 and 58%

With those prices, I get $636/mo.

Deal looks good, from here.

Do you know the composition of the $3094 between the adjusted price and the balance?

Yeah
Tax $1994.34
Acquisition $925
Inspection $10
Registration $80
NYS waste tire $10
Doc $75

Nothing wrong, that I see.

Michaell

mntk04c said:

First time leasing a car, first BMW. Learning a lot from this forum.
Currently planning 36/15k, 94404 (CA)
I got two quotes from dealerships. Monthly payments seem very high.
What is wrong, what should I ask, and what part I could improve for better pricing?

1. $3000 down, monthly: $628


2. $3000 down, monthly: $646



I'm also trying to 0 down and max MSD once I get a decent offer.
Thanks for any help!!

The problem with that quote is that the numbers at the top are for purchase - in CA, the monthly payment gets taxed.

And, we'd also recommend you restructure the deal to pay only the first payment and DMV costs at signing. Roughly $1000 - have them requote you with that amount up front.

mntk04c

Michaell said:

mntk04c said:

First time leasing a car, first BMW. Learning a lot from this forum.
Currently planning 36/15k, 94404 (CA)
I got two quotes from dealerships. Monthly payments seem very high.
What is wrong, what should I ask, and what part I could improve for better pricing?

1. $3000 down, monthly: $628


2. $3000 down, monthly: $646



I'm also trying to 0 down and max MSD once I get a decent offer.
Thanks for any help!!

The problem with that quote is that the numbers at the top are for purchase - in CA, the monthly payment gets taxed.

And, we'd also recommend you restructure the deal to pay only the first payment and DMV costs at signing. Roughly $1000 - have them requote you with that amount up front.

Hi Michaell,

Thank you for your feedback!!
As I'm newbie for leasing.. could you explain more about each suggestion?

1. The problem with that quote is that the numbers at the top are for purchase - in CA, the monthly payment gets taxed.
-> So I should I be aware? I do live in CA and aware that monthly payment gets taxed. Does that mean I should ask for untaxed price or ask them to remove sales tax (estimate) section as tax will be applied to my monthly lease payment?

2. And, we'd also recommend you restructure the deal to pay only the first payment and DMV costs at signing. Roughly $1000 - have them requote you with that amount up front.
-> you mean that I should ask for 0-down payment option and just pay 1st month + govnt fee (registration, tire, smog, county fee) + doc fee for DAS?

Thank you again!!!