Is this a good deal or not? on an 08 X3

[Shifty69]

MSRP: $ 46,050.00

Sale price: $ 43,635.00

36 month lease with 12,000 miles/year

Residual: 64%

MF before MSD: 0.0025

MF after 7 MSD: 0.00201

Payment with tax included: $567.38

Due at signing: 8 security deposits = $ 4,800

Bank fees = $ 825.00

New Plates, Registration, and Doc fees = $ 393.50


i appreciate your thoughts.



Options
Black Sapphire Metallic, Sand Beige Nevada Leather, Cold
Weather Package, Premium Package, STEPTRONIC automatic trans, Heated
steering wheel, Xenon headlights, Navigation system, Privacy glass

[kjboyd]

what's invoice?

edit: Invoice is $42,355 so it's a decent cap cost.

[Shifty69]

With maco I think invoice is 42,830

[kjboyd]

maco should only be around $300 but it varies by region, and the training fee is $180. so there is around $1280 built over invoice, minus say $480, you are at $800 over invoice.. a decent deal.

[Mystic1]

Payment looks about right, but that is a lot due at signing. But I don't have any current '08 lease comparisons to compare it with.

[umbelwheat]

That's not a bad price over invoice. $1000 over is a good point to shoot for. They are marking up the bank fee by $200 on you. BMWFS base bank fee is $625. I'd also look at how much doc fees are. These are pure dealer profit. Also, if you are a previous BMW owner, there is an OLP on the X3 right now. Look is the Ask-A-Dealer forum for more information.

[Shifty69]

Thanks everyone. We agreed on $ 200 less. Looking forward to getting the vehicle.