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2021 BMW X3 MF and Residual Possible Deal

AclyEAclyE Member Posts: 9
edited March 2021 in BMW
2021 BMW X3 sDrive 30i
12k/36m
Looking for MF & RV
Zip Code 75070

Initialy was offerred $769 first month pmt and drive off, second offer was $664.

Does this sound decent?

Car has MSRP $47595 w/$1500 discount plus $1250 rebate.

They want to tack on $1293 in "accessories". Includes BMW protection package.

Net cap cost works out to $50380

Any guidane appreciated.

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  • MichaellMichaell Moderator Posts: 241,011
    AclyE said:

    2021 BMW X3 sDrive 30i
    12k/36m
    Looking for MF & RV
    Zip Code 75070

    Initialy was offerred $769 first month pmt and drive off, second offer was $664.

    Does this sound decent?

    Car has MSRP $47595 w/$1500 discount plus $1250 rebate.

    They want to tack on $1293 in "accessories". Includes BMW protection package.

    Net cap cost works out to $50380

    Any guidane appreciated.

    .00086 and 55%
    $1250 lease credit

    Leasing in TX is always expensive, due to the taxes.

    $1500 discount is kind of paltry, however.

    What other "accessories" are they trying to foist off on you?

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  • AclyEAclyE Member Posts: 9
    edited March 2021
    The accessories consist of tint/leather protectant, door guards etc. It's all on the car apprantly. Nothing else as far as I can tell. Since the leasehacker calculator comes out to $757 (they had it @ $769 close enough), their final offer of $664 drive off with first payment only sounded decent. That equates to another 3K off the MSRP according to my calculations (does that make sense?).
    Thanks
  • MichaellMichaell Moderator Posts: 241,011
    AclyE said:

    The accessories consist of tint/leather protectant, door guards etc. It's all on the car apprantly. Nothing else as far as I can tell. Since the leasehacker calculator comes out to $757 (they had it @ $769 close enough), their final offer of $664 drive off with first payment only sounded decent. That equates to another 3K off the MSRP according to my calculations (does that make sense?).
    Thanks

    What is the adjusted cap cost they are using for that quote?

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  • AclyEAclyE Member Posts: 9


  • AclyEAclyE Member Posts: 9
    I found another at another dealer same colors, but with Premium Package and Parking Package (This did not have the premium but only some of the features). It is about $2k more but thinking about reaching out to them and seeing if they will give me a better deal since it coming up to the end of the month. Can’t hurt. Any and all advice appreciated.
  • MichaellMichaell Moderator Posts: 241,011
    AclyE said:

    I found another at another dealer same colors, but with Premium Package and Parking Package (This did not have the premium but only some of the features). It is about $2k more but thinking about reaching out to them and seeing if they will give me a better deal since it coming up to the end of the month. Can’t hurt. Any and all advice appreciated.

    I get $738/mo with those prices.

    MF may be marked up.

    Always good to play dealers off against one another - make them earn your business.

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  • AclyEAclyE Member Posts: 9
    Hi Michaell, since you are getting $738, the $664 seems relatively solid, trying to get it to below $650 with more options. Worth a shot. Based on my calculations, it works out to a 10% discount off MSRP. Seems decent, and its end of month.
  • MichaellMichaell Moderator Posts: 241,011
    AclyE said:

    Hi Michaell, since you are getting $738, the $664 seems relatively solid, trying to get it to below $650 with more options. Worth a shot. Based on my calculations, it works out to a 10% discount off MSRP. Seems decent, and its end of month.

    Good luck!

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  • nikkinikkinikkinikki Member Posts: 1
    I'm new to leasing, what MF, residual and lease credits should I be looking for on a 2021 bmw x3. 36/15K, zip 77407
  • ScottPAScottPA Member Posts: 5
    edited April 2021
    Check the MF against other dealers.
  • kyfdxkyfdx Moderator Posts: 236,772
    nikkinikki said:

    I'm new to leasing, what MF, residual and lease credits should I be looking for on a 2021 bmw x3. 36/15K, zip 77407

    .00093 MF and 53% residual
    $1250 lease credit

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  • carchick18carchick18 Member Posts: 28
    Hello guys! About to purchase the new BMW x3 in Florida. Can you all send MF and Residual Value for either 4WD or 2WD? Thanks
  • kyfdxkyfdx Moderator Posts: 236,772
    carchick18 said:

    Hello guys! About to purchase the new BMW x3 in Florida. Can you all send MF and Residual Value for either 4WD or 2WD? Thanks

    36/15
    .00093 MF and 53% residual
    $1250 lease credit

    Either drive

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  • carchick18carchick18 Member Posts: 28
    How does this deal look for the car below:
    36 months

    15k miles per year

    $1100 total out of pocket

    $811 per month

    Engine: 2.0L I-4 cyl, MPG Range: 25/29, Exterior Color: Black Sapphire Metallic,Interior Color: Black Vernasca Leather with contrast stitching
    They also threw in fixing two tires
  • kyfdxkyfdx Moderator Posts: 236,772
    carchick18 said:

    How does this deal look for the car below:
    36 months

    15k miles per year

    $1100 total out of pocket

    $811 per month

    Engine: 2.0L I-4 cyl, MPG Range: 25/29, Exterior Color: Black Sapphire Metallic,Interior Color: Black Vernasca Leather with contrast stitching
    They also threw in fixing two tires

    MSRP?
    Selling price?
    Adjusted CAP cost?
    Location?

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  • Sm507Sm507 Member Posts: 1
    May I be frank? $30,000+ is a lot to pay for a car you will not own. 4 wheel drive is an additional $2,000. Is it needed in FLA? Also, the paint $550 + leather $1450 tacks on an additional $2,000. Unless you are writing this off as a business expense you could do better finding a 2018 with low miles that in total would be around $30,000. But it’s your call. Good luck!
  • carchick18carchick18 Member Posts: 28
    Thanks so that was the sports - if we look at premium. deal is below: 36 months

    15k miles per year

    $1100 total out of pocket

    $736 per month

    MSRP $48,470
  • kyfdxkyfdx Moderator Posts: 236,772
    carchick18 said:

    Thanks so that was the sports - if we look at premium. deal is below: 36 months

    15k miles per year

    $1100 total out of pocket

    $736 per month

    MSRP $48,470

    Selling price?
    Adjusted CAP cost?

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  • carchick18carchick18 Member Posts: 28
    36 months

    15k miles per year

    $1100 total out of pocket

    $736 per month

    MSRP $48,470

    Selling price: $46.470 Adjusted Cap Cost: $47.691
  • kyfdxkyfdx Moderator Posts: 236,772
    carchick18 said:

    36 months

    15k miles per year

    $1100 total out of pocket

    $736 per month

    MSRP $48,470

    Selling price: $46.470 Adjusted Cap Cost: $47.691

    With 7% sales tax and the base MF of .00093, I get $726/mo. Not too far off.

    But, $2000 is a pitiful discount amount.

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