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36 Months / 15K Miles Per Year.
Have a pending deal from yesterday with 55% Residual, wondering if there was an increase for May.
Thanks, in advance.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 X3 - .00129 and 54%
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Can you post the MF and residual for the following xdrive models: (36mo/7.5kmi/mo)
2016 X3 35i
2016 X3 28d
2016 X3 28i
Are there currently any lease cash incentives or eco credits on the diesel models?
Thanks,
Don't think BMW has a 7.5K/yr program, but if they do, it's 1% more on the residual.
No incentives on the X3
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With your MSRP and selling price, I get a $651.77/mo payment before tax. 6% tax takes the payment to $690.88/mo.
My guess is that the net capitalized cost is higher than the selling price as they've rolled in some of the fees. Get that number from the dealer.
Also, the dealer is allowed to mark up the MF from .00128 - confirm that as well.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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I am looking into leasing a 2016 X3.
I negotiated the following and was hoping to get some feedback on anything I should try and adjust. Purchasing in NC but the car is going to PA. Not sure what the tax situation is there. Car is for my parents. The numbers they gave me assumed NC tax numbers.
2016 X3 (x28i) (Cold Weather, Drivers Assist, Tech, Premium)
36m/15k miles
MSRP: $49400
Negotiated price: $46600
?Bank fee ("Capped Fees"): $995
Adj Cap Cost: $47595
7xSD: $5250
MF after MSD = 0.0008
Residual 52%
Base Payment: $666.42
Monthly Sales Tax (NC 3%): $19.99
Monthly Payment = $686.41
Drive off:
Up front pmt: $686.41
SD: $5250
Up front fees: $672
Up front sales tax: $177.66
Cash due on lease: $6786.07
Thanks in advance for your help!
Over $700/mo. is sort of pricy for a $49,400 vehicle.. Not that you have a bad deal. Just that the lease program isn't very good on the X3.
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2016 x28i 24/12K and 10K
2015 x28i 24/12K and 10K
Like always thanks for your help.
2016: .00128 MF and 60%/61% residual
In all cases, the 36 month residuals are just 6% less.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 xDrive28i
MSRP: 48,900
Term: 36/10
Negotiated price: 44,300
NJ Taxes and Fees first month upfront: 3,900
Monthly Payment: 545
I had no idea about residuals, MFs or MSDs so didn't even ask about those.
Assuming your $3900 covers all taxes and fees, then I get $561/mo. So, not bad..
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I am new to leasing and am about to finalize a deal with my dealership in Madison WI. Can you let me know if this is a good deal and if there is anywhere i can do savings. Would multiple security deposits help in this case? I didn't know about them so didn't ask the dealership
2015 BMW X3 xDrive 28i
MSRP: $49,275
Negotiated Price: $46,258.45
---------------------
36mo/10K
---------------------
UPFRONT: $5000
Breakdown:
1st month payment - $555
Fees & Insurance - $164
Upfront taxes - $223.18
Cap Reduction (Cash) - $4057.82
--------------------
Monthly Payment: $555
Base: $526.07
Taxes: $28.93
--------------------
MF: 0.00128
Residual: 56%
--------------------
Cap Cost Breakdown
Selling Price: 46,258.45
Acquisition Fee: $795
Fees & Insurance: $195
Reduction: $(4,057.82)
Cap Cost: $43,190.63
--------------------
Fee breakdown
Doc Fee: $195
License: $75
Title: $69.50
Electronic Filing: $19.50
Thanks!!!
Good - the base MF is being used. Dealer can mark it up for more profit, but they aren't doing that here.
Bad - we don't recommend making a cap cost reduction on a lease. If the car is stolen or totaled, you lose that money. And, the total cash outlay for the lease is the same.
As is, I get a pre-tax payment of about $524/mo with your numbers; pretty close to your quote of $526.
Each $1000 of cap reduction lowers your payment by about $28/mo, so in reality your payment is around $638/mo.
As you can see, the X3 doesn't lease terribly well .. that's mainly due to the low residual.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
So if I remove the cap cost reduction and instead go for MSDs how would that affect the quote? I am trying to understand the math behind it but am finding that piece challenging.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks in advance!
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2016 X3 sDrive28i with prem. package and driver assistant package msrp $43,700.00
36 mo lease 10k miles /year
$1000.00 BMW credit
$1000.00 total out of pocket
I'm hoping my salesperson is being honest about the residual value percentage otherwise it feels like I'm getting taken advantage of.
Hopefully someone can shed some light on my issue. Thanks
I get about $610/mo after tax with the numbers you've provided. X3's do not lease well, as you can see.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I just had another dealer quote me $554.00 based on the same numbers I provided here, though I didn't get specifics on the residual %. The first sales rep told me " I don't make up the residual value numbers" but seems like he modified them. I'll probably just wait until the end of my current lease and hopefully the X3 will have an attractive program.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I was able to negotiate the following with the dealer. Any feedback would be much appreciated! I will be going to hopefully sign the lease and pick the car up on Tuesday.
2015 BMW X3 xDrive28i
------------------------------------
CAP COST BREAKDOWN:
MSRP: $49,125
Vehicle Cost: $49,275
Selling Price: $46,100
Aquisition Fee: $795
Doc Fee: $195
Adjusted Cap Cost: $47,090
-------------------------------------
LEASE TERMS:
36 Month, 10K Miles
-------------------------------------
UPFRONT:
First Month Payment: $635.98
License: $75
Title: $69.50
Electronic Filing: $19.50
Security Deposit (x7): $4550
Total due at signing: $5349.98
-------------------------------------
RATE INFORMATION:
MF: 0.00079
Residual: 56% ($27,510)
-------------------------------------
MONTHLY PAYMENTS:
Base Payment: $602.82
Taxes: $33.16
Total Monthly Payment: $635.98
Thanks in advance!!!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2016 BMW X3 xDrive 28i
36 month/ 10K miles a year lease
MSRP: $49,150
Selling Price: $46,144.11
Adjusted Cap Cost: $47,104.11
Adjusted MF: 0.00079
Residual: 55%
Security Deposit ($650*7): $4550
Total Upfront: $5364
Base payment: $616.11
Tax: $33.89
Total monthly payment: $650.00
Thanks to everyone for their help and advice!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
http://forums.edmunds.com/discussion/35489/bmw/x3/2016-bmw-x3-lease-questions?new=1
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Included options:
Driver Assistance Package
Driver Assistance Plus
Fineline Anthracite Wood Trim
Harman/Kardon Surround Sound System
Heated Front Seats
Lighting Package
M Sport
Navigation System
Premium Package
Wheels: 19 X 8.5 M Double Spoke (Style 622M)
MSRP 55,175
Sell Price 53,500
Dealer did not provide me specifics, but monthly payments were
For $0 Down: $894-$912
For $2,500 Down: $820-$840
For $5,000 Down: $744-$766
They also offered me Balloon Alternatives
For $0 Down: $930-$950
For $2,500 Down: $856-$876
For $5,000 Down: $782-$802
I didnt think it was a very good deal. Wanted to get your input here. Thanks.
I agree - not a good deal.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Lease numbers for the X3 are .00130 and 55% for 36/12. Using your MSRP and selling price, I get a pre-tax, $0 down, payment of $752.16.
Ask the dealer what the net cap cost is - if it's higher than your selling price, get them to explain what's been added.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
1) Also tell me how much the monthly payment would be for 2.5k down and 5k down
2) explain the formula you used. When I use the formula commonly available on other websites i get the following:
Depreciation fee = (53,500-55% of 53,500)/36 = $668.75
Interest = (53,500 + 55% of 53,500)*0.0013 = $107.8
Total = 776.55 before tax at $0 down.
What am I missing here? You are showing me better numbers so I want to get to those obviously
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