[Transfer]

Originally Posted by ocX3Mcomp

I'm getting pinged by my local BMW dealership to get into a new lease and trade in my current lease on my 2020 X3M comp. Lease expires next year in early 2023. Y'all think it's smart to just buy out the car at the end of the lease given the crazy used car market? I think my buyout is around $46K.

I got a recent quote from local BMW dealer on my $80k MSRP 2020 X3MC with 23k mi on it: $68k which is a tick more than I paid for it in April 2020. I'm not going through with it because I can't replace it with anything I want for reasonable cost.

Yes, buy out or sell to dealer at lease end.

[stoked335d]

Originally Posted by ocX3Mcomp

I'm getting pinged by my local BMW dealership to get into a new lease and trade in my current lease on my 2020 X3M comp. Lease expires next year in early 2023. Y'all think it's smart to just buy out the car at the end of the lease given the crazy used car market? I think my buyout is around $46K.

Definetly buy it at the end of lease term and sell it on facebook marketplace, vroom etc.
You gonna need that profit towards the current MSRP+ prices on the new car.

[Kevin_The_Clean1]

Originally Posted by Transfer

I got a recent quote from local BMW dealer on my $80k MSRP 2020 X3MC with 23k mi on it: $68k which is a tick more than I paid for it in April 2020. I'm not going through with it because I can't replace it with anything I want for reasonable cost.

Yes, buy out or sell to dealer at lease end.

I just dislike the taxes you have to pay on the buyout / purchase. Here in CA it's $7 k + for a roughly $70 - 75 k market value car.

[mr.almeida]

Man a 2020 X3 Comp by me is going for $73K. Toronto Red Metallic w/ 25k miles seems too steep for a 2020.

[Kevin_The_Clean1]

Originally Posted by mr.almeida

Man a 2020 X3 Comp by me is going for $73K. Toronto Red Metallic w/ 25k miles seems too steep for a 2020.

Although that's a touch high with those miles on it that does seem about right in this crazy car market we're stuck in. The 2020 X3 M Comps with 1-2k miles on them go for $75-78K. So this one falls in line with that overall pricing strategy. That's still a lot of dough for car with 25,000 miles on the clock.

[redbullfan]

Anyone getting any discount on allocations?

[H2Orower]

Originally Posted by JamRWS6

Current MF is .00123.
Jan residuals are:
54/55/56 for 15,12,10k. 7.5k was available for 57% and I went with that as I don't drive as much anymore. $750 loyalty is available.

Hi all. I’m hoping to go in next week and negotiate a new X3 M Comp lease deal. Before doing that, I’d like to know the latest March numbers if anyone could kindly share them.

Specifically,
Base MF
12k Residual
Loyalty and/or Lease Credits
Should I really expect to pay MSRP? (I’ve got a half dozen dealers within range to shop) and my usual target is 4-5k off MSRP before any incentives on a car in this price range.

Any and all help appreciated!

[anthemavm]

Originally Posted by H2Orower

Hi all. I’m hoping to go in next week and negotiate a new X3 M Comp lease deal. Before doing that, I’d like to know the latest March numbers if anyone could kindly share them.

Specifically,
Base MF
12k Residual
Loyalty and/or Lease Credits
Should I really expect to pay MSRP? (I’ve got a half dozen dealers within range to shop) and my usual target is 4-5k off MSRP on a car in this price range.

Any and all help appreciated!

I have been lucky getting dealers to sell at MSRP, most want 10k premium.

[H2Orower]

Originally Posted by anthemavm

I have been lucky getting dealers to sell at MSRP, most want 10k premium.

Yikes ! That’s crazy. What general area of the country?

[anthemavm]

Originally Posted by H2Orower

Yikes ! That’s crazy. What general area of the country?

Southern California

[BMWFanatic2008]

Originally Posted by H2Orower

Hi all. I'm hoping to go in next week and negotiate a new X3 M Comp lease deal. Before doing that, I'd like to know the latest March numbers if anyone could kindly share them.

Specifically,
Base MF
12k Residual
Loyalty and/or Lease Credits
Should I really expect to pay MSRP? (I've got a half dozen dealers within range to shop) and my usual target is 4-5k off MSRP before any incentives on a car in this price range.

Any and all help appreciated!

I believe residuals stayed the same vs February. MF, on the other hand, is now 0.00158.

[beammeupscottie]

Originally Posted by BMWFanatic2008

I believe residuals stayed the same vs February. MF, on the other hand, is now 0.00158.

Money factor is actually higher than that now; it went up 20 bps

[JamRWS6]

Your negotiation right now is on a trade-in. If you find someone willing to sell under sticker consider yourself lucky.

[H2Orower]

Originally Posted by anthemavm

Southern California

Thanks. Hopefully my side of the country (CT/NY) is more reasonable. I'll find out soon enough.

[H2Orower]

Originally Posted by BMWFanatic2008

I believe residuals stayed the same vs February. MF, on the other hand, is now 0.00158.

Originally Posted by beammeupscottie

Money factor is actually higher than that now; it went up 20 bps

Thanks. So MF now .00178 base rate?

And is max MF markup by dealer still + .0004 ?, so potentially .00218 ?

Lastly, last I checked last year, MSD (Multiple Security Deposit) reduction was minus .00004 per security deposit. Can someone confirm that's correct still? With a max of 7 MSD's.

Thanks

[JamRWS6]

Originally Posted by H2Orower

Thanks. So MF now .00178 base rate?

And is max MF markup by dealer still + .0004 ?, so potentially .00218 ?

Lastly, last I checked last year, MSD (Multiple Security Deposit) reduction was minus .00004 per security deposit. Can someone confirm that's correct still? With a max of 7 MSD's.

Thanks

Yes, that is correct.

[blinkme323]

Bought a fully loaded 21 X3Mc almost exactly one year ago for 10k under sticker. Fast forward to today and the dealer wants 12k OVER sticker for a lesser build on a 22. Crazy times...

[H2Orower]

Originally Posted by JamRWS6

Yes, that is correct.

Appreciate the response, but now I'm left wondering.

Since my original post asking, I received a PM from reputable source indicating that March base MF was .00158, with potential max dealer add of .0004 bringing it to .00198 max. Are you confident it's otherwise?

I'd sure feel better knowing my numbers are correct before heading in to negotiate in the next few days. The MSD stuff I'm comfortable with because I found a confirming BMW source.

Thanks again.

[H2Orower]

Originally Posted by blinkme323

Bought a fully loaded 21 X3Mc almost exactly one year ago for 10k under sticker. Fast forward to today and the dealer wants 12k OVER sticker for a lesser build on a 22. Crazy times...

Doesn't sound promising for me then, but hoping for better news in the coming days. Time will tell...

Just this last August I was pleasantly surprised with the discount I received from my preferred multi-repeat dealer when leasing my wife's 2022 X3 M40i, and I hoped that was around the peak of this whole supply chain/high demand/low supply BS. With MSRP + pricing like you mentioned, I'll have to reevaluate what I really want for my next car, and how badly.

[JamRWS6]

Originally Posted by H2Orower

Appreciate the response, but now I'm left wondering.

Since my original post asking, I received a PM from reputable source indicating that March base MF was .00158, with potential max dealer add of .0004 bringing it to .00198 max. Are you confident it's otherwise?

I'd sure feel better knowing my numbers are correct before heading in to negotiate in the next few days. The MSD stuff I'm comfortable with because I found a confirming BMW source.

Thanks again.

It recently was increased again. TBH the easiest thing I've found is to openly ask what the current base MF is as it is not set each month but moves more fluidly and rates are increasing much faster right now. From there you can find out if they are marking up - when you start asking these questions I've never had a problem finding what the current rate is.

[DealBMW]

Originally Posted by JamRWS6

It recently was increased again. TBH the easiest thing I've found is to openly ask what the current base MF is as it is not set each month but moves more fluidly and rates are increasing much faster right now. From there you can find out if they are marking up - when you start asking these questions I've never had a problem finding what the current rate is.

Looks like they lied to you when you asked, sorry

[JamRWS6]

Originally Posted by DealBMW

Looks like they lied to you when you asked, sorry

I know what the base MF was in January when I bought my X3M comp - I've posted that here. I know it has jumped significantly since mid January. I don't know what it is now - I confirmed the max markup as was asked.
It's pretty simple to ask basic questions on base money rate and what they are marking up - do your own math with those numbers and the truth will be found easily.