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2018 BMW X3 Lease Deals and Prices

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Comments

  • dleung87dleung87 Posts: 5
    Michaell said:

    dleung87 said:

    Looking for advice - is this a good deal?

    36/12

    MSRP - $54,520.00
    Discount - $3757.04
    Sale Price - $50,762.96

    Rebate - $1500 (Loyalty)
    Drive offs - $1300

    $750/month tax included

    .00166 and 58%

    Is the $1300 the amount the dealer is asking for at signing? If it is, it doesn't likely cover all your up front costs (acquisition fee, dealer fee, etc.).

    What state and tax rate is this for?

    As is, the prices give me a payment, pre-tax, of $624/mo

    MF could be marked up, as well.
    That's the "cash due" at signing, but I asked the dealer to give me a quote for $1300 because that's the amount I paid on my previous lease. Is this not advised? What's a normal drive-off amount?

    This is for Washington State, I think its 10.3%?

    Your $624/mo number is a lot less than I'm being quoted. Any idea where the difference is? Is the dealer giving me a really bad deal?
  • MichaellMichaell ColoradoPosts: 113,994
    dleung87 said:

    Michaell said:

    dleung87 said:

    Looking for advice - is this a good deal?

    36/12

    MSRP - $54,520.00
    Discount - $3757.04
    Sale Price - $50,762.96

    Rebate - $1500 (Loyalty)
    Drive offs - $1300

    $750/month tax included

    .00166 and 58%

    Is the $1300 the amount the dealer is asking for at signing? If it is, it doesn't likely cover all your up front costs (acquisition fee, dealer fee, etc.).

    What state and tax rate is this for?

    As is, the prices give me a payment, pre-tax, of $624/mo

    MF could be marked up, as well.
    That's the "cash due" at signing, but I asked the dealer to give me a quote for $1300 because that's the amount I paid on my previous lease. Is this not advised? What's a normal drive-off amount?

    This is for Washington State, I think its 10.3%?

    Your $624/mo number is a lot less than I'm being quoted. Any idea where the difference is? Is the dealer giving me a really bad deal?
    Not a bad deal - at least, not that we can state with certainty.

    Likely just missing information; what you need from them is the adjusted cap cost.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 113,994
    ztqh1000 said:


    Michaell said:

    How does the deal look for a 36/10 lease of 2018 X3 xDrive30i?

    MSRP - $53,995.00
    Discount - $2,395.00
    Rebate - $1,500.00 (Lease Loyalty)
    Adjusted Price - $50,100.00

    Fees: 1777.60


    Cash Due: 2000 (include first payment, acquisition fee, document fee and license fee)
    Monthly Payment - $664 (include 10.4% tax)
    Security Deposit - $4900.00


    The dealer told me the MF is 0.00171 (with 7 MSDs rolled over from my current car), but I found that in order to get the monthly payment I have to set MF to 0.00117.

    Did I miss something?
    MF is marked up the max amount, before applying the MSDs.

    $678/mo if I use the base MF, then adjust for MSD. $714/mo with the marked up MF

    Ask the dealer what cap cost they are using for their quote, and how they got there from the adjusted price.

    I'm waiting for his reply. Can you tell me how you came to $678/mo?

    Edit: The cap cost is probably 51025

    Screen capture of my lease calculator with your numbers - the .00131 MF is the base MF of .00166 less the .00035 for the MSDs (7 @ .00005 each)


    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ztqh1000ztqh1000 Posts: 8
    edited May 2018
    Michaell said:

    ztqh1000 said:


    Michaell said:

    How does the deal look for a 36/10 lease of 2018 X3 xDrive30i?

    MSRP - $53,995.00
    Discount - $2,395.00
    Rebate - $1,500.00 (Lease Loyalty)
    Adjusted Price - $50,100.00

    Fees: 1777.60


    Cash Due: 2000 (include first payment, acquisition fee, document fee and license fee)
    Monthly Payment - $664 (include 10.4% tax)
    Security Deposit - $4900.00


    The dealer told me the MF is 0.00171 (with 7 MSDs rolled over from my current car), but I found that in order to get the monthly payment I have to set MF to 0.00117.

    Did I miss something?
    MF is marked up the max amount, before applying the MSDs.

    $678/mo if I use the base MF, then adjust for MSD. $714/mo with the marked up MF

    Ask the dealer what cap cost they are using for their quote, and how they got there from the adjusted price.

    I'm waiting for his reply. Can you tell me how you came to $678/mo?

    Edit: The cap cost is probably 51025

    Screen capture of my lease calculator with your numbers - the .00131 MF is the base MF of .00166 less the .00035 for the MSDs (7 @ .00005 each)





    Thanks for the explanation. It was very helpful.

    The dealer confirmed the monthly payment ($664) already includes tax and the cash due ($2,000) includes first payment, acquisition fee, license fee and document fee.

    It seems that the deal has some hidden factors as I cannot come to the $664 even if I set the MF to 0.00131. Could the deal has trap?

    Otherwise it might not be a bad deal?
  • rbirns1rbirns1 Posts: 276
    ^ 10.4% sales tax? Where is that?
  • ztqh1000ztqh1000 Posts: 8
    edited May 2018
    rbirns1 said:
    ^ 10.4% sales tax? Where is that?
    98101
  • jkipsterjkipster Los AngelesPosts: 227
    Can you please give the 24 month numbers on the X3 for 10/12/15k? Any incentives for zip 94547? Thanks.
    2001 Passat
    2010 G37S Sedan
    2013 G37xS Sedan

    2014 QX60
    2015 Q40
    2016 QX60
    2016 E350 Sedan
    2017 QX60
  • pcmichaelpcmichael Posts: 20
    edited May 2018
    What’s the current money factor and residual on a 2018 x3 M40i 12k/36mo in Lake Worth, FL 33463? Thanks in advance. 
  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    edited May 2018
    jkipster said:

    Can you please give the 24 month numbers on the X3 for 10/12/15k? Any incentives for zip 94547? Thanks.

    .00166 MF and 62% residual for 24/15
    Add 2% or 3% for 12K/10K
    Loyalty incentives only

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    pcmichael said:

    What’s the current money factor and residual on a 2018 x3 M40i 12k/36mo in Lake Worth, FL 33463? Thanks in advance. 

    .00166 MF and 58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bakerrrm2bakerrrm2 Posts: 24

    Any help would be appreciated. They did not include the $500 corporate rebate in there. Seems a bit high but I could have been off in my calculations. 10k/36 months in South Carolina 29205. I was told the 995 was the destination charge. Thanks in advance. 
  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    bakerrrm2 said:


    Any help would be appreciated. They did not include the $500 corporate rebate in there. Seems a bit high but I could have been off in my calculations. 10k/36 months in South Carolina 29205. I was told the 995 was the destination charge. Thanks in advance. 

    .00166 MF and 59% residual
    If they are breaking out the destination charge, that's just sleight of hand. That just means your actual discount is $4815, not $5810.

    If I add in the $925 acquisition fee, I get a payment of $765/mo.
    To get their payment, I have to bump the MF to .00190

    No issue with the discount, even when adding back in the $995.

    But, the money factor bump is adding about $23/mo.

    Ask for the adjusted CAP cost, instead of the "Purchase Option" price they have on the right.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • akapelaakapela Posts: 2
    edited May 2018
    Could you please share the residuals and base MF for Dallas, TX 75206.

    2018 30i - 36/10 & 36/12

    2018 m40i - 36/10 & 36/12

    Thank you
    2013 Audi S6 | 2005 Acura MDX
  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    akapela said:

    Could you please share the residuals and base MF for Dallas, TX 75206.

    2018 30i - 36/10 & 36/12

    2018 m40i - 36/10 & 36/12

    Thank you

    .00166 MF and 59%/58% residual, either trim.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Please help, residuals and MF for Austin Tx 78729.

    2018 m40i - 36/10.
  • MichaellMichaell ColoradoPosts: 113,994

    Please help, residuals and MF for Austin Tx 78729.

    2018 m40i - 36/10.

    .00166 and 59%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • fiveimoyfiveimoy Posts: 3
    Hi,

    Can someone kindly provide the residual and mf for zip code 07981

    x3 2018 36/12

    thank you in advance
  • bakerrrm2bakerrrm2 Posts: 24
    kyfdx said:

    Any help would be appreciated. They did not include the $500 corporate rebate in there. Seems a bit high but I could have been off in my calculations. 10k/36 months in South Carolina 29205. I was told the 995 was the destination charge. Thanks in advance. 
    .00166 MF and 59% residual If they are breaking out the destination charge, that's just sleight of hand. That just means your actual discount is $4815, not $5810. If I add in the $925 acquisition fee, I get a payment of $765/mo. To get their payment, I have to bump the MF to .00190 No issue with the discount, even when adding back in the $995. But, the money factor bump is adding about $23/mo. Ask for the adjusted CAP cost, instead of the "Purchase Option" price they have on the right.
    How far can you realistically get below the 7% mark on the discount? As far as they are willing to go?
  • gaskin914gaskin914 Posts: 29
    Hello,

    MF and RV for the 2018 X3 xdrive 36/15k please. 55305.

    Anything out there besides the 1k credit?

    Thanks
  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    fiveimoy said:

    Hi,

    Can someone kindly provide the residual and mf for zip code 07981

    x3 2018 36/12

    thank you in advance

    .00166 MF and 58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    gaskin914 said:

    Hello,

    MF and RV for the 2018 X3 xdrive 36/15k please. 55305.

    Anything out there besides the 1k credit?

    Thanks

    .00166 MF and 56% residual

    I don't see a $1000 credit

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    bakerrrm2 said:


    kyfdx said:

    bakerrrm2 said:


    Any help would be appreciated. They did not include the $500 corporate rebate in there. Seems a bit high but I could have been off in my calculations. 10k/36 months in South Carolina 29205. I was told the 995 was the destination charge. Thanks in advance. 

    .00166 MF and 59% residual
    If they are breaking out the destination charge, that's just sleight of hand. That just means your actual discount is $4815, not $5810.

    If I add in the $925 acquisition fee, I get a payment of $765/mo.
    To get their payment, I have to bump the MF to .00190

    No issue with the discount, even when adding back in the $995.

    But, the money factor bump is adding about $23/mo.

    Ask for the adjusted CAP cost, instead of the "Purchase Option" price they have on the right.


    How far can you realistically get below the 7% mark on the discount? As far as they are willing to go?

    You have to balance the discount against any possible markup to the money factor.
    If they markup the money factor by .00040, they can discount the car by another 1.5%, and still break even.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Any prediction about BMW MF in June? confused if I should go in to lease on May-31 or wait until June?
  • kyfdxkyfdx Everywhere, USAPosts: 122,981

    Any prediction about BMW MF in June? confused if I should go in to lease on May-31 or wait until June?

    No guesses

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • wco81wco81 Posts: 579
    MF generally has to be trending up in the last few months right?
  • bkassingbkassing Posts: 13
    wco81 said:

    MF generally has to be trending up in the last few months right?

    Yes...just like all other interest rates.
  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    bkassing said:

    wco81 said:

    MF generally has to be trending up in the last few months right?

    Yes...just like all other interest rates.
    What he said..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • oid21oid21 Posts: 12
    Hi kyfdx! Can I get the MF and residuals for the 2018 x3 m40i in SoCal (reside in 90292).
  • oid21oid21 Posts: 12
    12k & 15k and 36 mo
  • kyfdxkyfdx Everywhere, USAPosts: 122,981
    oid21 said:

    Hi kyfdx! Can I get the MF and residuals for the 2018 x3 m40i in SoCal (reside in 90292).

    oid21 said:

    12k & 15k and 36 mo

    .00166 MF and 58%/56% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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