2017 BMW X3 xDrive 28i in NYC (picking up to register in MA)

Ask the Hackrs
1

I received this supposedly “general manager’s best quote” from a dealership:

2017 BMW X3 xDrive 28i
MSRP: $50,395
Lease End Value: $32,252.80 (64% off MSRP)
Lease Term: 36 Months
Sale Price: $45,045 (10.6% off MSRP)
Rebate Amount: $1,000
Cap Cost: $44,045
Money Factor: 0.00152
Miles per year: 10K
Total Tax Window: $1,118.23
Base Monthly Rental: $443.53
Total Monthly Payment: $471.25
Inspection/InTransit: $10
Initial Fees (Upfront): $1,070.00
Amount Due at Start: $1,661.56
Disposition Fee: $350.00

This is “brand new” car and NOT loaner “they say”. And apparently they already gave me the fleet discount in the sale price…

Sale price is about $5K to $6K more than the going rate.

What do you guys think? Lol

2

That discount sounds too low for an outdated model, especially with fleet discount already included.

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3

Thanks mate… I added a few other items to my original post. Could you take a look again?

I don’t understand how they came up with some of the items like "Initial Fees, Amount Due at Start etc."
Also, isn’t the Residual/LEV going at about 68%?

First lease here…

Thanks

4

The body style has changed dramatically between the 2017 & 2017 X3, so that discount is ridiculously low.

Sterling BMW in VA is giving $14.6k of their 2017 X3s. Here is a link to their site:

Show this to their GM and tell him to match it. Then you are in the ball park of a good deal. Also, consider a 24 month lease which has 70% residual.

5

Thanks a lot for the link… Looks like they don’t have any 2017 X3’s left.

Yeah, I broke off negotiations with the original dealer. I knew the numbers were off and the sales guy was adamant about his numbers.

Appreciate your time.

Thanks
Max

6

Sterling doesn’t have loaners under 5k miles, for some reason. Probably didn’t figure it out yet, unlike Passport. I know that OP leases a new one, just wanted to point out.

7

The dealer my brother works at purchased a leaseable 2017 BMW Alpina B6 at auction, it had 4995 miles. They had it flat bedded to get smogged and no one could test drive it. All in the name of a good lease.

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