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X3 F25 (2011 - current)
The latest X3 brings some added style and some new features to the BMW SUV family. Talk about the new F25 now!

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  #1  
Old 03-25-2013, 09:29 AM
Durkis Durkis is offline
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Location: NJ
 
Join Date: Dec 2009
Posts: 211
Mein Auto: X3 35i
X3 Lease Questions

Hello All..

i just received a initial deal over the phone from a dealer thats not local to me.

A left over 2013 35i

MSRP 54,695

I was given a round a bout number of $625 to $650 per month, with $3900 of inception fees.

I sent an email off to the CA, asking for specifics on the selling price, money factor etc...

Waiting to hear back.
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  #2  
Old 03-25-2013, 11:18 AM
Durkis Durkis is offline
Officially Welcomed to the 'Fest
Location: NJ
 
Join Date: Dec 2009
Posts: 211
Mein Auto: X3 35i
Okay...

So I have some additional details.

This is all assuming I have yet to visit the dealership, As I live about and hour and a half away, and this has been over phone / email. This is on a very specific car, 35i which is hard to find on a dealer lot, with my wifes choice of bronze metallic.

MSRP $54695

Discount of $3000 off above msrp

15 K Mile per year, 57 % Residual

Factor .00130

Pmt Roughly, $665

$3900 Inception Fees

Is this a good starting point ?

I was reading other posts with MSD's How could I apply these ?

Last edited by Durkis; 03-25-2013 at 12:16 PM.
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  #3  
Old 03-25-2013, 12:09 PM
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kjboyd kjboyd is offline
Drink the koolaid or else
Location: California
 
Join Date: Apr 2006
Posts: 2,092
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Mein Auto: 2009 MINI Cooper Clubman
What's invoice? Offer 700 over invoice and then take off all incentives.
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-----
2009 MINI Cooper Clubman - "Oxley"
Nightfire Red/NFR, Tuscan Leather, CP, PP, CW, Roof Rails & Aero Kit, 16" Bridge Spokes, Xenon, Auto, English Oak Trim & Wood Wheel, Alarm, Hi-Fi

-------

2007 Volvo S60 2.5T
2007 X3.0si PlatBronze/Beige
2006 X3 3.0i, Flamenco Red/Beige
1997 528iA, Oxford/Tan
1994 318iS, Black/Gray
1979 528iA, RubyRed, Tan
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  #4  
Old 03-26-2013, 05:35 AM
leighton leighton is offline
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Location: New York
 
Join Date: Aug 2011
Posts: 56
Mein Auto: 2012 X3 35i
Some states do not permit lessors to accept MSDs but NJ does allow it and regardless of your residence, the rules of the dealer's state govern the dealer's ability to accept MSDs. The last time I checked, BMWFS was reducing the MF by .00007 for each SD rounded up to the next $50 to a maximum of seven MSDs which yields a maximum reduction of .00049. If this is still the BMWFS rate and you advance the maximum of seven MSDs then your adjusted MF would be .00081. MSDs are fully refundable at lease end as long as you are not in default whereas putting down the same amount as capital cost reduction, which is your equity, leaves that amount at risk in an insurance loss or other early termination and the funds do not return to you at lease end.
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  #5  
Old 03-31-2013, 08:06 PM
libtech75 libtech75 is offline
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Location: NYC
 
Join Date: Aug 2008
Posts: 6
Mein Auto: 03' 325xi
I just purchased a 2013 X3 2.8i for 1,000.00 under invoice but found any dealer in the tri area quite easily willing to meet at least at least $500 under invoice. Key is to buy a car in inventory or one they can at least locate at another dealers inventory.
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