2018 BMW X1 Lease Deals and Prices

ssm7999 · March 2018

Michaell said:

ssm7999 said:
I got this quote for a loaner BMW X1 in TX
msrp: 37150
sale price: 30650
tax+fees: 2350
monthly payment with $1000 down : $424
mileage on the vehicle is 3600
Is this a reasonable quote?
Thanks!
Is that all tax and fees? Any tax credits in play?
What lease term and how many miles per year?

Sorry for the incomplete info
Lease term is 36 months, 10k miles per year
Tax and fee breakdown is as follows:
Doc fee: 150, Tax 1920, Non-Tax fees: 280
No tax credits

-Thanks

kyfdx · March 2018

ssm7999 said:

Michaell said:

ssm7999 said:
I got this quote for a loaner BMW X1 in TX
msrp: 37150
sale price: 30650
tax+fees: 2350
monthly payment with $1000 down : $424
mileage on the vehicle is 3600
Is this a reasonable quote?
Thanks!
Is that all tax and fees? Any tax credits in play?
What lease term and how many miles per year?
Sorry for the incomplete info
Lease term is 36 months, 10k miles per year
Tax and fee breakdown is as follows:
Doc fee: 150, Tax 1920, Non-Tax fees: 280
No tax credits

-Thanks

.00156 MF and 59% residual, less $900 for mileage
$1500 lease credit.

If I add tax and $925 acquisition fee, I get $432/mo.
That's assuming your $1000 covers first payment and DMV/doc fees

That's pretty close.

Considering the high taxes in Texas, this is a pretty decent deal.

itsissa0 · March 2018

Question about the acquisition fee. When you lease, do you pay the full $925 even though you're only using the car for 3 years of its life?

One dealer said they charging me the full amount in the beginning (as part of the drive off). And another dealer said that I would only pay the residual percentage of $925. I'm not sure if they're confusing that with destination charge.

So the residual was 59%--I own the car for 41% of it's life. Therefore, would I pay (925 x .41) = $379? Or do I have to pay the full amount $925?

Lastly, do you recommend rolling this acquisition fee into the monthly payment? Or paying it upfront?

Michaell · March 2018

itsissa0 said:
Question about the acquisition fee. When you lease, do you pay the full $925 even though you're only using the car for 3 years of its life?

One dealer said they charging me the full amount in the beginning (as part of the drive off). And another dealer said that I would only pay the residual percentage of $925. I'm not sure if they're confusing that with destination charge.

So the residual was 59%--I own the car for 41% of it's life. Therefore, would I pay (925 x .41) = $379? Or do I have to pay the full amount $925?

Lastly, do you recommend rolling this acquisition fee into the monthly payment? Or paying it upfront?

You pay 100% of the acquisition fee; it's imposed by the bank.

We recommend you roll it into the monthly payment.

ashleybrooke · April 2018

My first look into a BMW. Can I please get MF, RV, incentives for x1 sDrive28i FWD 12/36 premium tier (conv and premium pkgs). Thanks

Michaell · April 2018

ashleybrooke said:
My first look into a BMW. Can I please get MF, RV, incentives for x1 sDrive28i FWD 12/36 premium tier (conv and premium pkgs). Thanks

.00156 and 58%
$1500 lease credit
$1000 lease loyalty

ashleybrooke · April 2018

Is "lease loyalty" for current BMW owners?

Michaell · April 2018

ashleybrooke said:
Is "lease loyalty" for current BMW owners?

Yes

tdunham02 · April 2018

Looking to get an opinion on this deal:

2018 X1 Retired Loaner w/ 4,300 Miles (36m / 10k miles - Chicagoland Area - 7% Tax)
- MSRP: $46,005
- Selling Price: $38,644.20 (~16% discount)
- $1000 BMW Incentive (applied as Cap Cost Reduction)
- Base MF (0.001560)
- $451/m Payment
- First Month + Fees Out of Pocket ($400 fees + $451 first payment)

Thanks!

kyfdx · April 2018

tdunham02 said:
Looking to get an opinion on this deal:

2018 X1 Retired Loaner w/ 4,300 Miles (36m / 10k miles - Chicagoland Area - 7% Tax)
- MSRP: $46,005
- Selling Price: $38,644.20 (~16% discount)
- $1000 BMW Incentive (applied as Cap Cost Reduction)
- Base MF (0.001560)
- $451/m Payment
- First Month + Fees Out of Pocket ($400 fees + $451 first payment)

Thanks!

I get $421/mo+tax, which looks pretty close
But, I don't see the $925 acquisition fee?

tdunham02 · April 2018

kyfdx said:

tdunham02 said:
Looking to get an opinion on this deal:

2018 X1 Retired Loaner w/ 4,300 Miles (36m / 10k miles - Chicagoland Area - 7% Tax)
- MSRP: $46,005
- Selling Price: $38,644.20 (~16% discount)
- $1000 BMW Incentive (applied as Cap Cost Reduction)
- Base MF (0.001560)
- $451/m Payment
- First Month + Fees Out of Pocket ($400 fees + $451 first payment)

Thanks!

I get $421/mo+tax, which looks pretty close
But, I don't see the $925 acquisition fee?

Oh whoops, that's additional and added to "Selling Price" -- I think that's how our numbers are different.

asp1977 · April 2018

Can you give me the MF&RV for Alabama please.

Michaell · April 2018

asp1977 said:
Can you give me the MF&RV for Alabama please.

36/15
.00156 and 56%
$1500 lease credit
$1000 lease loyalty

willskill · April 2018

Can I have the MF/RV for NJ please. Thank you

Michaell · April 2018

willskill said:
Can I have the MF/RV for NJ please. Thank you

36/15
.00156 and 56%
$1500 lease credit
$1000 lease loyalty

willskill · April 2018

Hi, can I get an opinion on this lease deal?

2018 BMW X1 xDrive28i
MSRP 41,795 (14% off msrp)
sales price 35,889
36/10
$1500 lease credit and $1000 loyalty credit should be applicable

I'm from NJ.

I haven't tried negotiating the sales price yet, what should I aim for?

Michaell · April 2018

willskill said:
Hi, can I get an opinion on this lease deal?

2018 BMW X1 xDrive28i
MSRP 41,795 (14% off msrp)
sales price 35,889
36/10
$1500 lease credit and $1000 loyalty credit should be applicable

I'm from NJ.

I haven't tried negotiating the sales price yet, what should I aim for?

My guess is that the incentives are already baked into your selling price.

Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

What payment has the dealer quoted you, if any?

.00156 and 59%

willskill · April 2018

Michaell said:

willskill said:
Hi, can I get an opinion on this lease deal?

2018 BMW X1 xDrive28i
MSRP 41,795 (14% off msrp)
sales price 35,889
36/10
$1500 lease credit and $1000 loyalty credit should be applicable

I'm from NJ.

I haven't tried negotiating the sales price yet, what should I aim for?
My guess is that the incentives are already baked into your selling price.

Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

What payment has the dealer quoted you, if any?

.00156 and 59%

I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email

Michaell · April 2018

willskill said:

Michaell said:

willskill said:
Hi, can I get an opinion on this lease deal?

2018 BMW X1 xDrive28i
MSRP 41,795 (14% off msrp)
sales price 35,889
36/10
$1500 lease credit and $1000 loyalty credit should be applicable

I'm from NJ.

I haven't tried negotiating the sales price yet, what should I aim for?
My guess is that the incentives are already baked into your selling price.

Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

What payment has the dealer quoted you, if any?

.00156 and 59%
I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email

Ah, well that changes everything.

For a demo vehicle, you want to target 12-15% off MSRP.

But, you'll have to adjust the residual down .25/mile, or $1175.

confusedma · April 2018

What's the money factor and residual for X1 AWD for 36/10 in MA?

Michaell · April 2018

confusedma said:
What's the money factor and residual for X1 AWD for 36/10 in MA?

.00156 and 59%

willskill · April 2018

Michaell said:

willskill said:

Michaell said:

willskill said:
Hi, can I get an opinion on this lease deal?

2018 BMW X1 xDrive28i
MSRP 41,795 (14% off msrp)
sales price 35,889
36/10
$1500 lease credit and $1000 loyalty credit should be applicable

I'm from NJ.

I haven't tried negotiating the sales price yet, what should I aim for?
My guess is that the incentives are already baked into your selling price.

Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

What payment has the dealer quoted you, if any?

.00156 and 59%
I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email
Ah, well that changes everything.

For a demo vehicle, you want to target 12-15% off MSRP.

But, you'll have to adjust the residual down .25/mile, or $1175.

so whats the residual for demo vehicles in NJ 36/10?

Michaell · April 2018

willskill said:

Michaell said:

willskill said:

Michaell said:

willskill said:
Hi, can I get an opinion on this lease deal?

2018 BMW X1 xDrive28i
MSRP 41,795 (14% off msrp)
sales price 35,889
36/10
$1500 lease credit and $1000 loyalty credit should be applicable

I'm from NJ.

I haven't tried negotiating the sales price yet, what should I aim for?
My guess is that the incentives are already baked into your selling price.

Generally, we suggest you target 7% off MSRP, before incentives. You've already exceeded that.

What payment has the dealer quoted you, if any?

.00156 and 59%
I forgot to mention that this is a demo vehicle with about 4,700 miles on it.
This information I just got from online and haven't contacted the dealer directly yet. Still waiting for their reply by email
Ah, well that changes everything.

For a demo vehicle, you want to target 12-15% off MSRP.

But, you'll have to adjust the residual down .25/mile, or $1175.
so whats the residual for demo vehicles in NJ 36/10?

59% of MSRP, less $1175 for the demo miles.

agds007 · April 2018

I am not new to leasing, but am new to attempting to negotiate my next lease... my current lease a good friend of mine handled the numbers (he's no longer around and my lease matures in 90 days). I am currently in a 428ix grand coupe, about 2000 miles over my mileage. I am looking to get into a 2018 X1. I want to attempt to handle the negotiations via email... could anyone that has done this before give me a template for an email they would send? I already test drove the car, would like to buy by the end of this month, and my options are flexible. ANY advice will certainly be helpful.

anh3 · April 2018

2018 X1 xdrvie, 36 mos, 15k miles/yr, zip 68503.

so far one dealer is willing to do 11% off MSRP before rebates and incentives, I haven't asked for specific quote yet, will update here when they come...

Michaell · April 2018

anh3 said:
2018 X1 xdrvie, 36 mos, 15k miles/yr, zip 68503.

so far one dealer is willing to do 11% off MSRP before rebates and incentives, I haven't asked for specific quote yet, will update here when they come...

.00156 and 56%

anh3 · April 2018

can anyone confirm what this is (in bold below)? Looks like a credit that can be use on a lease, in addition to the the current $1000 credit and $1000 loyalty?

xDrive28i 4dr SUV
(2.0L 4-cyl. Turbo AWD 8-speed Automatic)

68503
Update Results for
Lincoln, NE
$ OfferAvailableHide details
Lease Bonus $ Offer

Requirements and Restrictions:

Retail Select APR Credit can be used in conjunction with vehicles that utilize Retail or Select financing through BMW FS.
Customer $ Offer Start End
$3,000 Lease Bonus Cash 04/03/2018 04/30/2018

Michaell · April 2018

anh3 said:
can anyone confirm what this is (in bold below)? Looks like a credit that can be use on a lease, in addition to the the current $1000 credit and $1000 loyalty?

xDrive28i 4dr SUV
(2.0L 4-cyl. Turbo AWD 8-speed Automatic)

68503
Update Results for
Lincoln, NE
$ OfferAvailableHide details
Lease Bonus $ Offer

Requirements and Restrictions:

Retail Select APR Credit can be used in conjunction with vehicles that utilize Retail or Select financing through BMW FS.
Customer $ Offer Start End
$3,000 Lease Bonus Cash 04/03/2018 04/30/2018

I only see $1500 lease credit on the X1.

Could be some regional differences, however.

anh3 · April 2018

agds007 said:
I am not new to leasing, but am new to attempting to negotiate my next lease... my current lease a good friend of mine handled the numbers (he's no longer around and my lease matures in 90 days). I am currently in a 428ix grand coupe, about 2000 miles over my mileage. I am looking to get into a 2018 X1. I want to attempt to handle the negotiations via email... could anyone that has done this before give me a template for an email they would send? I already test drove the car, would like to buy by the end of this month, and my options are flexible. ANY advice will certainly be helpful.

what I've done:

36 mos lease, $0 down/$0 drive off, 15k miles/yr. Please include selling price.....

Michaell said:

anh3 said:
can anyone confirm what this is (in bold below)? Looks like a credit that can be use on a lease, in addition to the the current $1000 credit and $1000 loyalty?

xDrive28i 4dr SUV
(2.0L 4-cyl. Turbo AWD 8-speed Automatic)

68503
Update Results for
Lincoln, NE
$ OfferAvailableHide details
Lease Bonus $ Offer

Requirements and Restrictions:

Retail Select APR Credit can be used in conjunction with vehicles that utilize Retail or Select financing through BMW FS.
Customer $ Offer Start End
$3,000 Lease Bonus Cash 04/03/2018 04/30/2018
I only see $1500 lease credit on the X1.

Could be some regional differences, however.

sure is, tried a different zip and that $3000 didn't come up, better get rolling then!

thanks

confusedma · April 2018

Hi everyone,
Is this lease a good deal:
MSRP:$42545
Selling Price: 36000
College grad incentive:1000
Acquisition Fee:$925
Other fee: $845 (doc fee, title, theft averse)
Monthly payment:$405 (including taxes)
Drive off =$1250 (405+845)
This is for an X1/w brasil with navigation, convenience package and park distance control for 36/10

kyfdx · April 2018

confusedma said:
Hi everyone,
Is this lease a good deal:
MSRP:$42545
Selling Price: 36000
College grad incentive:1000
Acquisition Fee:$925
Other fee: $845 (doc fee, title, theft averse)
Monthly payment:$405 (including taxes)
Drive off =$1250 (405+845)
This is for an X1/w brasil with navigation, convenience package and park distance control for 36/10

.00156 MF and 59% residual
$1500 lease credit.

I get $396/mo.+tax with those numbers
What state?
Sales tax rate?

confusedma · April 2018

Massachusetts

kyfdx · April 2018

confusedma said:
Massachusetts

Your deal is better than what the numbers would suggest.
If you had the adjusted CAP cost, we could nail it down.

But, that's a very favorable lease deal, either way.

confusedma · April 2018

Thanks Kyfdx, I was just wondering about the lease pricing in itself. The numbers did make sense to me. Anyway, thanks a lot for your help

tmina · April 2018

April MF and Residual for 36mo/10k and 36mo/12k miles in Austin, TX? Any incentives?

Michaell · April 2018

tmina said:
April MF and Residual for 36mo/10k and 36mo/12k miles in Austin, TX? Any incentives?

.00156 and 59% / 58%
$1500 lease credit

onethatwobbles · April 2018

Hi!

April MF and Residual for 36mo/10k and 36mo/12k in Portland, OR (97229). xDrive please. And incentives? We are turning in a 2014 X1 lease.

Michaell · April 2018

onethatwobbles said:
Hi!

April MF and Residual for 36mo/10k and 36mo/12k in Portland, OR (97229). xDrive please. And incentives? We are turning in a 2014 X1 lease.

.00156 and 59% / 58%
$1500 lease credit

tmina · April 2018

Sorry one more time, I might be moving at before the month...

April MF and Residual for 36mo/10k and 36mo/12k miles in Orlando, FL? Any incentives?

Thanks again!

Michaell · April 2018

tmina said:
Sorry one more time, I might be moving at before the month...

April MF and Residual for 36mo/10k and 36mo/12k miles in Orlando, FL? Any incentives?

Thanks again!

BMW numbers are national.

.00156 and 59% / 58%
$1500 lease credit

agds007 · April 2018

Is this a good deal?

MSRP: $42,545
Selling: $38,455
Incentives: $1500
Acquisition Fee: $925
Other fees: Doc & title $485
Monthly Payment: $515
Drive off: Monthly payment and other fees $1000

This is on 36/12000 miles.

Something seems off... I am yet to negotiate selling. This is just dealer offering. I am returning my 428 lease (I am over 1000 miles on current lease)

State NJ

Michaell · April 2018

agds007 said:
Is this a good deal?

MSRP: $42,545
Selling: $38,455
Incentives: $1500
Acquisition Fee: $925
Other fees: Doc & title $485
Monthly Payment: $515
Drive off: Monthly payment and other fees $1000

This is on 36/12000 miles.

Something seems off... I am yet to negotiate selling. This is just dealer offering. I am returning my 428 lease (I am over 1000 miles on current lease)

State NJ

.00156 and 58%

The cap cost would have to be around $39,700 to get that payment.

Selling price less incentive: $36,955 + $925 + $485 + $1300 (estimated taxes) = $39,655

Pretty close, if you ask me.

agds007 · April 2018

Ok, here's the update:

MSRP: 42,545
Selling price (38,455) minus incentive (3000) = 35,455

DEALER SAID:

'Monthly payments will drop to $485 a month with total due at sign $2124.45

First month - $485
Reg - $310.50
Documentary fee - $403.95
Bankers fee or acquisition - $925

And I’m paying the 2 last payments for you

If you pay taxes upfront and I take care of doc fee. Total due would be $3001.77 and payments are $455.

Or you come up with $1800 total and payments are $490'

SHOULD I PAY TAXES UP FRONT? Do I have a good deal?

again 12k/36 months. I am in NJ

She will do away with doc fee if we pay tax up front. Tax is $1,318.17.

Thank you so much!

Michaell · April 2018

agds007 said:
Ok, here's the update:

MSRP: 42,545
Selling price (38,455) minus incentive (3000) = 35,455

DEALER SAID:

'Monthly payments will drop to $485 a month with total due at sign $2124.45

First month - $485
Reg - $310.50
Documentary fee - $403.95
Bankers fee or acquisition - $925

And I’m paying the 2 last payments for you

If you pay taxes upfront and I take care of doc fee. Total due would be $3001.77 and payments are $455.

Or you come up with $1800 total and payments are $490'

SHOULD I PAY TAXES UP FRONT? Do I have a good deal?

again 12k/36 months. I am in NJ

She will do away with doc fee if we pay tax up front. Tax is $1,318.17.

Thank you so much!

We recommend adding the taxes into the monthly payment. If the car is stolen or totaled during the lease, you won't get a refund of the pre-paid taxes that you didn't use.

The only up front costs you should pay are the first payment and registration costs. You'll have a higher payment, but you won't be risking the money in case something awful happens to the car.

mtehonica · April 2018

Can I get the RV and MF for 2018 BMW X1 FWD (Premium Tier) for ZIP 28079?

Thanks!

charliec4 · April 2018

Hey friends!

Got this quote on a loaner 2018 X1 xDrive with 4500 miles on it currently in Ohio.

MSRP 42385
Selling price 37050
Quoted residual value 25007
$1000 payment due at signing
36 mo / 10k miles
MF 0.0186 (and my credit score is top tier 800+)
Payment is $451 a month

I feel like it’s a little high especially for my FICO, or am I wrong?

kyfdx · April 2018

mtehonica said:
Can I get the RV and MF for 2018 BMW X1 FWD (Premium Tier) for ZIP 28079?

Thanks!

36/15
.00156 MF and 56% residual
$1000 lease credit

kyfdx · April 2018

charliec4 said:
Hey friends!

Got this quote on a loaner 2018 X1 xDrive with 4500 miles on it currently in Ohio.

MSRP 42385
Selling price 37050
Quoted residual value 25007
$1000 payment due at signing
36 mo / 10k miles
MF 0.0186 (and my credit score is top tier 800+)
Payment is $451 a month

I feel like it’s a little high especially for my FICO, or am I wrong?

.00156 MF and 59% residual, less $1125 for the mileage
$1000 lease credit
The residual amount given is for a ZERO mile car.
With the $1125 reduction, the residual is about 56.35%

The money factor is marked up for extra profit. Nothing to do with your credit score.

With only $1000 due at signing, I get a higher payment than what they've quoted.

That looks like a pretty good deal.
I'd like to know the adjusted CAP cost, and what the actual residual amount is, considering it's a demo.

charliec4 · April 2018

Thank you very much. They said the money factor was something they were locked into. Shoulder shrug.

kyfdx · April 2018

charliec4 said:
Thank you very much. They said the money factor was something they were locked into. Shoulder shrug.

The markup adds about $20/mo. to the payment.
Tell them you are locked into a payment about $20/mo. lower than their offer..

2018 BMW X1 Lease Deals and Prices

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