2018 BMW X1 Lease Deals and Prices

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Comments

  • kyfdxkyfdx Moderator Posts: 200,906
    phollow said:


    kyfdx said:

    phollow said:

    Can you pls share MF and RV for 08691?

    10k/36 mmth& 12k/36 mth

    36/12
    .00177 MF and 58% residual
    $3250 lease credit

    How about 36/10k?

    59%

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  • WoodyTBeagleWoodyTBeagle Member Posts: 10
    Hello,

    Could you please provide the MF/RV for a 2018/2019 X1 w/ 36/10 in 78723?

    Any incentives/rebates that we should ask for or expect?

    Is there a difference in MF and RV between the x and sdrive models?

    Thank you immensely!
  • kyfdxkyfdx Moderator Posts: 200,906

    Hello,

    Could you please provide the MF/RV for a 2018/2019 X1 w/ 36/10 in 78723?

    Any incentives/rebates that we should ask for or expect?

    Is there a difference in MF and RV between the x and sdrive models?

    Thank you immensely!

    2018: .00177 MF and 59% residual
    $2750 lease credit.
    Driven wheels have no effect.

    2019 model discussion is here:
    https://forums.edmunds.com/discussion/53761/bmw/x1/2019-bmw-x1-lease-deals-and-prices#latest

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  • phollowphollow New JerseyMember Posts: 48
    Getting this on loaner. 4k moles

    36/10k

    MSRP: 41465
    Sale: 34900
    MF :.00177
    MSD:7
    Incentive:4000
    Rv : 57
    Dealer fee 140
    Give fee  590
    Tax:924
    Acq fee:915

    Let me know if it's a good deal

  • kyfdxkyfdx Moderator Posts: 200,906
    phollow said:

    Getting this on loaner. 4k moles

    36/10k

    MSRP: 41465
    Sale: 34900
    MF :.00177
    MSD:7
    Incentive:4000
    Rv : 57
    Dealer fee 140
    Give fee  590
    Tax:924
    Acq fee:915

    Let me know if it's a good deal

    What is a Give fee?

    The acquisition fee is $925

    What is the payment?
    Amount Due at Signing?

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  • phollowphollow New JerseyMember Posts: 48
    sorry here you go. loaner car with 4k miles.

    MSRP: $ 41645
    Sales Price: $ 34900
    Money Factor :  0.00177
    Multiple Security Deposit (MSD): 7                                                                                
    Acquisition Fee : $ 925

    Miles/year : 10k
    Months:  36
    Down Payment: $ 0
    Taxed  Incentives : $ 4000
    Dealer Fees : $ 141

    Residual:   % 57
    Government Fees : $500

    Sales Tax:   % 6.626
    Pre-tax Monthly Payment: $277
    Monthly Payment with Tax: $277
    Drive-Off: $2,838
    - First month payment: $277
    - Down payment: $0
    - Government and dealer fees: $641
    - Acquisition fee: $925
    - Total Tax: $934
    Refundable MSD Payment: $2,100
    Disposition Fee: $350
    Total Lease Cost: $12,367
  • Ac4141Ac4141 Member Posts: 8
    24/12 for 30009

    Thanks!
  • kyfdxkyfdx Moderator Posts: 200,906
    Ac4141 said:

    24/12 for 30009

    Thanks!

    .00177 MF and 64% residual
    $2750 lease credit

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  • kyfdxkyfdx Moderator Posts: 200,906
    phollow said:

    sorry here you go. loaner car with 4k miles.

    MSRP: $ 41645
    Sales Price: $ 34900
    Money Factor :  0.00177
    Multiple Security Deposit (MSD): 7                                                                                
    Acquisition Fee : $ 925

    Miles/year : 10k
    Months:  36
    Down Payment: $ 0
    Taxed  Incentives : $ 4000
    Dealer Fees : $ 141

    Residual:   % 57
    Government Fees : $500

    Sales Tax:   % 6.626
    Pre-tax Monthly Payment: $277
    Monthly Payment with Tax: $277
    Drive-Off: $2,838
    - First month payment: $277
    - Down payment: $0
    - Government and dealer fees: $641
    - Acquisition fee: $925
    - Total Tax: $934
    Refundable MSD Payment: $2,100
    Disposition Fee: $350
    Total Lease Cost: $12,367

    That's a great deal. Congrats!

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  • Orangeman96Orangeman96 New JerseyMember Posts: 84
    Hi,
    Can I please have MF/Resid/Incentives for 2018 X1 XDrive AWD for 35/10k for zip 08048?

    Thank you,
    Eric
  • kyfdxkyfdx Moderator Posts: 200,906

    Hi,
    Can I please have MF/Resid/Incentives for 2018 X1 XDrive AWD for 35/10k for zip 08048?

    Thank you,
    Eric

    36/10
    .00177 MF and 59% residual
    $3250 lease credit

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  • Orangeman96Orangeman96 New JerseyMember Posts: 84
    kyfdx and michael,

    Helping out my friend with a demo BMW x1 lease and dealer is stating 17% off MSRP prior to incentives on a demo with 5000 miles is a stretch discount as it would put them way under invoice.  Do you think a 17% to 20% discount or higher is reasonable on a BMW X1 demo?  Thanks!!!
  • kyfdxkyfdx Moderator Posts: 200,906

    kyfdx and michael,

    Helping out my friend with a demo BMW x1 lease and dealer is stating 17% off MSRP prior to incentives on a demo with 5000 miles is a stretch discount as it would put them way under invoice.  Do you think a 17% to 20% discount or higher is reasonable on a BMW X1 demo?  Thanks!!!

    Does it have 5000+ miles?

    If so, you'll need a lot more than 17% off.

    They get paid to keep service loaners in their fleet. The "invoice" isn't something you need to be concerned about, in any event.

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  • Orangeman96Orangeman96 New JerseyMember Posts: 84
    Thank you kyfdx!!!  They are playing then.
    It has 5086 miles and they got an exemption from BMW to lease it even over 5k miles.  
  • Orangeman96Orangeman96 New JerseyMember Posts: 84
    Kyfdx,

    What about service demo loaners with 4k miles?  Same discounts should apply??
  • WoodyTBeagleWoodyTBeagle Member Posts: 10
    kyfdx said:

    Hello,

    Could you please provide the MF/RV for a 2018/2019 X1 w/ 36/10 in 78723?

    Any incentives/rebates that we should ask for or expect?

    Is there a difference in MF and RV between the x and sdrive models?

    Thank you immensely!

    2018: .00177 MF and 59% residual
    $2750 lease credit.
    Driven wheels have no effect.

    2019 model discussion is here:
    https://forums.edmunds.com/discussion/53761/bmw/x1/2019-bmw-x1-lease-deals-and-prices#latest
    Thanks so much.

    Looking at a few dealerships - I am getting high MF offers. Is that something that can be pushed back on? Credit is excellent.

    MSRP: $ 38,995
    Sales Price: $ 35245
    Money Factor : 0.00227
    Miles/year : 10k
    Months: 36
    Residual: 59%

  • DrivewallDrivewall Member Posts: 34
    1) What’s the MF, residual and incentives on xdrive28i in 44140? 

    2) w/ loaners (1-3k miles) should one be realistically be shooting for 15-20% of msrp before incentives now? Or after incentives?

    3) do the msd’s mf reduction (7x.0005) mean that the final mf is the current mf (say .0017) minus .00035 (ie .00135)? Sorry new to this.

    thx!!
  • DrivewallDrivewall Member Posts: 34
    And the above was for 36/12. Thx! 
  • DrivewallDrivewall Member Posts: 34
    And 4) do the incentives, residual, mf hold for loaners or are there diff numbers? Sorry for multiple posts.  
  • MichaellMichaell ColoradoModerator Posts: 196,520

    Thank you kyfdx!!!  They are playing then.
    It has 5086 miles and they got an exemption from BMW to lease it even over 5k miles.  

    Kyfdx,

    What about service demo loaners with 4k miles?  Same discounts should apply??

    Under 4999 miles - adjust residual by .25/mile
    5000-7499 miles - adjusted residual down by 6% or 7%, plus .25/mile

    Big difference in the type of discount you should shoot for.

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  • MichaellMichaell ColoradoModerator Posts: 196,520

    kyfdx said:

    Hello,

    Could you please provide the MF/RV for a 2018/2019 X1 w/ 36/10 in 78723?

    Any incentives/rebates that we should ask for or expect?

    Is there a difference in MF and RV between the x and sdrive models?

    Thank you immensely!

    2018: .00177 MF and 59% residual
    $2750 lease credit.
    Driven wheels have no effect.

    2019 model discussion is here:
    https://forums.edmunds.com/discussion/53761/bmw/x1/2019-bmw-x1-lease-deals-and-prices#latest
    Thanks so much.

    Looking at a few dealerships - I am getting high MF offers. Is that something that can be pushed back on? Credit is excellent.

    MSRP: $ 38,995
    Sales Price: $ 35245
    Money Factor : 0.00227
    Miles/year : 10k
    Months: 36
    Residual: 59%

    Tell them "I'm not signing any deal where the MF is marked up". If they balk, you walk.

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  • MichaellMichaell ColoradoModerator Posts: 196,520
    Drivewall said:

    1) What’s the MF, residual and incentives on xdrive28i in 44140? 

    2) w/ loaners (1-3k miles) should one be realistically be shooting for 15-20% of msrp before incentives now? Or after incentives?

    3) do the msd’s mf reduction (7x.0005) mean that the final mf is the current mf (say .0017) minus .00035 (ie .00135)? Sorry new to this.

    thx!!

    Drivewall said:

    And the above was for 36/12. Thx! 

    Drivewall said:

    And 4) do the incentives, residual, mf hold for loaners or are there diff numbers? Sorry for multiple posts.  

    .00177 and 58%
    $3250 lease credit

    Net MF after MSD would be .00142

    If the loaner has less than 5000 miles, then the incentives still apply

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  • DrivewallDrivewall Member Posts: 34
    Any reason the mf on loaner (4K miles) would be .00214 according to dealer in zip 44145? Or is that adjusted based on miles like the residual? Thx
  • MichaellMichaell ColoradoModerator Posts: 196,520
    Drivewall said:

    Any reason the mf on loaner (4K miles) would be .00214 according to dealer in zip 44145? Or is that adjusted based on miles like the residual? Thx

    No, that's just a markup from the dealer to get more money out of your pocket.

    The only other reason the MF is higher is your credit score ….

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  • phollowphollow New JerseyMember Posts: 48
    edited March 2019
    Can you pls check this and let me if it's a good deal?  . It's 2018 x1 loaner with around  3k miles. 1k deposit is to hold vehicle. NJ tax.


  • kyfdxkyfdx Moderator Posts: 200,906
    phollow said:

    Can you pls check this and let me if it's a good deal?  . It's 2018 x1 loaner with around  3k miles. 1k deposit is to hold vehicle. NJ tax.


    15.7% off MSRP
    Base MF minus MSD discount, no markup
    2600 miles (stated on the document)
    No dealer fee?

    That looks like a steal.

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  • phollowphollow New JerseyMember Posts: 48
    kyfdx said:

    phollow said:

    Can you pls check this and let me if it's a good deal?  . It's 2018 x1 loaner with around  3k miles. 1k deposit is to hold vehicle. NJ tax.


    15.7% off MSRP
    Base MF minus MSD discount, no markup
    2600 miles (stated on the document)
    No dealer fee?

    That looks like a steal.

    odometer shows 3081 miles on the website. does everything else checks out ?
  • kyfdxkyfdx Moderator Posts: 200,906
    phollow said:

    kyfdx said:

    phollow said:

    Can you pls check this and let me if it's a good deal?  . It's 2018 x1 loaner with around  3k miles. 1k deposit is to hold vehicle. NJ tax.


    15.7% off MSRP
    Base MF minus MSD discount, no markup
    2600 miles (stated on the document)
    No dealer fee?

    That looks like a steal.

    odometer shows 3081 miles on the website. does everything else checks out ?
    It's possible that the first 500 miles are "free".

    Yes, it all looks good

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  • WoodyTBeagleWoodyTBeagle Member Posts: 10
    Michaell said:

    kyfdx said:

    Hello,

    Could you please provide the MF/RV for a 2018/2019 X1 w/ 36/10 in 78723?

    Any incentives/rebates that we should ask for or expect?

    Is there a difference in MF and RV between the x and sdrive models?

    Thank you immensely!

    2018: .00177 MF and 59% residual
    $2750 lease credit.
    Driven wheels have no effect.

    2019 model discussion is here:
    https://forums.edmunds.com/discussion/53761/bmw/x1/2019-bmw-x1-lease-deals-and-prices#latest
    Thanks so much.

    Looking at a few dealerships - I am getting high MF offers. Is that something that can be pushed back on? Credit is excellent.

    MSRP: $ 38,995
    Sales Price: $ 35245
    Money Factor : 0.00227
    Miles/year : 10k
    Months: 36
    Residual: 59%

    Tell them "I'm not signing any deal where the MF is marked up". If they balk, you walk.
    Thanks - that seems to have worked.

    I'm still not squaring up my calculations with their monthly payment - is there an on-line lease calculator that you like?
  • WoodyTBeagleWoodyTBeagle Member Posts: 10
    This is the worksheet I'm getting from dealer - my calculations for monthly payment are coming out differently - does this make sense?
  • marc1022marc1022 Member Posts: 168
    @kyfdx, @Michaell. Question, Is it true that the money factor for a service loaner is .00197 for FICO scores below 750? Thanks! 
  • kyfdxkyfdx Moderator Posts: 200,906
    marc1022 said:

    @kyfdx, @Michaell. Question, Is it true that the money factor for a service loaner is .00197 for FICO scores below 750? Thanks! 

    700+ gets you the top rate of .00177 MF

    There is no special rate for service loaners.

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  • kyfdxkyfdx Moderator Posts: 200,906

    This is the worksheet I'm getting from dealer - my calculations for monthly payment are coming out differently - does this make sense?

    Only $1000 off MSRP on a 2018 model?

    That is terrible.

    The payment calculation is correct for the numbers provided.

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  • MichaellMichaell ColoradoModerator Posts: 196,520

    This is the worksheet I'm getting from dealer - my calculations for monthly payment are coming out differently - does this make sense?

    i wouldn't worry about the payment - I'm more concerned about only $1000 off a 2018 model.

    You should be able to do much, much better than that.

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  • WoodyTBeagleWoodyTBeagle Member Posts: 10
    Michaell said:

    This is the worksheet I'm getting from dealer - my calculations for monthly payment are coming out differently - does this make sense?

    i wouldn't worry about the payment - I'm more concerned about only $1000 off a 2018 model.

    You should be able to do much, much better than that.

    It's a 2019 model - it's a 1000 + 2750 rebate.
  • WoodyTBeagleWoodyTBeagle Member Posts: 10
    kyfdx said:

    This is the worksheet I'm getting from dealer - my calculations for monthly payment are coming out differently - does this make sense?

    Only $1000 off MSRP on a 2018 model?

    That is terrible.

    The payment calculation is correct for the numbers provided.
    Sorry - it's a 2019. And is 1000 + 2750 rebate - does that look better?
  • kyfdxkyfdx Moderator Posts: 200,906

    kyfdx said:

    This is the worksheet I'm getting from dealer - my calculations for monthly payment are coming out differently - does this make sense?

    Only $1000 off MSRP on a 2018 model?

    That is terrible.

    The payment calculation is correct for the numbers provided.
    Sorry - it's a 2019. And is 1000 + 2750 rebate - does that look better?
    Then, you should be posting, here:
    https://forums.edmunds.com/discussion/53761/bmw/x1/2019-bmw-x1-lease-deals-and-prices#latest

    It's not a great deal for a 2019, either.

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  • marc1022marc1022 Member Posts: 168
    edited March 2019
    kyfdx said:
    @kyfdx, @Michaell. Question, Is it true that the money factor for a service loaner is .00197 for FICO scores below 750? Thanks! 
    700+ gets you the top rate of .00177 MF There is no special rate for service loaners.
    Thought so. Dealer is trying to tell me it's .00197 below a 750 fico score. On 18 service loaners. Unbelievable. 
  • MichaellMichaell ColoradoModerator Posts: 196,520
    marc1022 said:


    kyfdx said:

    @kyfdx, @Michaell. Question, Is it true that the money factor for a service loaner is .00197 for FICO scores below 750? Thanks! 
    700+ gets you the top rate of .00177 MF

    There is no special rate for service loaners.

    Thought so. Dealer is trying to tell me it's .00197 below a 750 fico score. On 18 service loaners. Unbelievable. 

    Next!

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  • rjsky44rjsky44 Member Posts: 78
    hi can i get the mf, residual and rebates for xdrive and sdrive.
    24/12k
    zip 21045
  • MichaellMichaell ColoradoModerator Posts: 196,520
    rjsky44 said:

    hi can i get the mf, residual and rebates for xdrive and sdrive.
    24/12k
    zip 21045

    .00177 and 64%
    $2750 lease credit

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  • emawstinemawstin Kansas CityMember Posts: 9
    Hi there!

    Can I get the MF, residual and rebates for the Xdrive and Sdrive. 
    36/12k 
    Zip: 66208

    Thanks!
  • kyfdxkyfdx Moderator Posts: 200,906
    emawstin said:

    Hi there!

    Can I get the MF, residual and rebates for the Xdrive and Sdrive. 
    36/12k 
    Zip: 66208

    Thanks!

    .00177 MF and 58% residual
    $2750 lease credit
    Either drive

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  • rjsky44rjsky44 Member Posts: 78
    Hi x1 xdrive 36/12k
    Zip 07073
    Mf, residual and incentives please
  • MichaellMichaell ColoradoModerator Posts: 196,520
    rjsky44 said:

    Hi x1 xdrive 36/12k
    Zip 07073
    Mf, residual and incentives please

    .00177 and 58%
    $3250 lease credit

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  • DailyDrivenDailyDriven Member Posts: 38
    MF, residual and incentives for a 2018 xdrive X1, 96080 zip and 24/15k. thx
  • MichaellMichaell ColoradoModerator Posts: 196,520

    MF, residual and incentives for a 2018 xdrive X1, 96080 zip and 24/15k. thx

    .00177 and 62%
    $3250 lease credit

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  • phollowphollow New JerseyMember Posts: 48
    edited March 2019
    I got lease for 360/month . I don't know how they adjusted everything. MSRP was 41895. Paid 500 at signing and 2800 MSD.

    10k/36month.new car.
  • kyfdxkyfdx Moderator Posts: 200,906
    phollow said:

    I got lease for 360/month . I don't know how they adjusted everything. MSRP was 41895. Paid 500 at signing and 2800 MSD.

    10k/36month.new car.

    That's a very good deal. Congrats!

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  • sorgawsorgaw Member Posts: 10
    What's the MF, Residual and incentive for a 2018 x1 xDrive demo/loaner, 94587, 24/15k thank you!
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