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      10-01-2015, 07:24 AM   #1
pej7445
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Arrow 2016 X3 Lease Deal

I hope I'm posting this in the right place. Apologies if I'm not.

Can you tell me if this is a good deal?
2016 X3, X-Line, well equipped. http://www.bmwusa.com/Standard/Conte...eoverride=true
36mo/10k/58% residual.
MSRP: 55970
Cap cost: $53325
Dealer fee: $689.50
Cap cost reduction: $1000
Money Factor: .00155
$731.92/mo
$783.15/mo (including tax, Sales tax in FL, 7%)

I would also be picking this up at the BMW performance center in SC, not that that makes much difference.

Thanks in advance for your input/feedback.
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      10-04-2015, 04:36 PM   #2
Howie Dub
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Sounds high for a 28i. I have a 35i. Same 36 mo, 10k/year. You can see what I have in my sig. We leased back at the end of May, no performance center pick up. We just leased whatever they had on the lot, which might make a difference.

MSRP: $59,100
Agreed price: $52,995 (I'm guessing this is the cap cost)
Money factor: .00129
Drive off was $6,000, which included cap reduction, any acquisition fees, taxes on cap reduction, and $995 destination fee. I think my cap reduction came out to about $3,100. I'd be paying about $60 more per month if I only paid a $1,000 cap reduction.
$650 and change/mo (includes 9% tax)
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2016 X3 35i Carbon Black Metallic, Black interior, 20" wheels, M Sport, Premium, Tech, Cold Weather, & Drivers Assistance packages
2011 Toyota Sienna Limited AWD Predawn Gray Mica, Ash interior
2005 X5 4.4i Sterling Gray Metallic, Black interior, 19" wheels, Sport, Premium, Cold Weather packages.
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      10-05-2015, 12:11 PM   #3
pej7445
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Quote:
Originally Posted by Howie Dub View Post
Sounds high for a 28i. I have a 35i. Same 36 mo, 10k/year. You can see what I have in my sig. We leased back at the end of May, no performance center pick up. We just leased whatever they had on the lot, which might make a difference.

MSRP: $59,100
Agreed price: $52,995 (I'm guessing this is the cap cost)
Money factor: .00129
Drive off was $6,000, which included cap reduction, any acquisition fees, taxes on cap reduction, and $995 destination fee. I think my cap reduction came out to about $3,100. I'd be paying about $60 more per month if I only paid a $1,000 cap reduction.
$650 and change/mo (includes 9% tax)
Thanks for the feedback. The money factor now is .00134 (dealer cost). How do you like the M-sport package? I'm thinking of going for it, primarily for the seats.
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      10-05-2015, 03:31 PM   #4
Howie Dub
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Quote:
Originally Posted by pej7445 View Post
Thanks for the feedback. The money factor now is .00134 (dealer cost). How do you like the M-sport package? I'm thinking of going for it, primarily for the seats.
I like it, the body color trim makes the X3 look a lot better. And I believe you get Sport+ mode that isn't on the X-Line.
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2016 X3 35i Carbon Black Metallic, Black interior, 20" wheels, M Sport, Premium, Tech, Cold Weather, & Drivers Assistance packages
2011 Toyota Sienna Limited AWD Predawn Gray Mica, Ash interior
2005 X5 4.4i Sterling Gray Metallic, Black interior, 19" wheels, Sport, Premium, Cold Weather packages.
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