2026 BMW X3 lease evaluation

Ask the Hackrs
1

I’m looking at a 2026 X3.

I’ve been given this quote. This would be my first BMW. Not sure how well they typically discount.

Is this about average for discounts?

Item Final quote
MSRP $60,265
Dealer discount $6,701
BMW Loyalty $1,000
Loyalty Match $1,000
Total reduction $8,701
Adjusted selling price/cap $51,564
Money factor .00170
Residual 57%
Term 39 months
Mileage 10,000/year
Payment $647.80/month
Due at signing $0

thanks

2

That looks like a strong discount, but FYI - there is a $1,000 lease incentive and $1,000 total for loyalty - $500 from BMW and $500 dealership contribution.

3

Why aren’t you driving it yet?

4

It’s a new X3, unless you subtract $300 from the payment I wouldn’t be caught dead in one.

(joking aside this does appear to be a pretty strong deal)

5

Why would you pay $649x38 =$24,662 to rent a car selling for 51,xxx?

In two leases you’re basically paying the price of the car.

Look at anything in Signed Deals & Tips the deals by hackers are all well below this threshold

6

Little Max - why are you even on LHer? To just go on with nonstop, anti-leasing nonsense?

Plenty of reasons for OP to lease, and those include but are not limited to the following:

  1. He/she gets to drive a new car for 39 months
  2. He/she gets to drive another new car in month 40
  3. He/she has a monthly payment that is most likely far less than the purchase payment if it was financed
  4. He/she has a tax purpose for leasing vs. buying
  5. He/she does not want a BMW out of warranty after 4 years/50k as when buying
  6. He/she likes to drive new cars instead of a 4-6 year old car
  7. He/she likes the X3
  8. He/she does not want to drive a “Little Max TCO special” that was “cheaper”

It is bizarre that you spend your time on LHer.

7

All good reasons. I would add that having the bank assume financial downside risk (market, car fax) is the biggest for me especially on BMWs because it’s so easy to take the upside if it’s worthwhile.

8

This is a great deal. 11% off MSRP and buy rate. If it’s your first BMW, I don’t know how you’d get Loyalty, so incentives should only be $1,000 Lease Credit.

No sales tax in NH is cherry on top.

Between leasing and financing at 1.99% for 72 months (and selling the car for $17K after 6 years), it’s $670/mo (after Loyalty is removed) vs. $562/mo, respectively:

I can see how it’s worthwhile to pay $108/mo more to lease two cars consecutively instead of financing it for 6 years, given you’re never out of warranty, services are fully covered, and consumables like tires and brakes should be fine. And there’s the opportunity cost of capital from the higher finance payment that’s like $23/mo if you assume 5% ROI lol.

9

re: “I don’t know how you’d get Loyalty”

My son has a current bmw and is registered at the same address.

I do like it overall and the price is competitive to what I’ve been seeing.

I’ve been doing Grand Cherokees for the last 12 years. The new models just don’t work now with the Hurricane.

This drives and feels so much nicer.

10

@michael - where are you currently seeing 1.99% for 72 months at any bank, credit union, etc.?

11

I was quoted from BMW 72 month / $785 1.99% for 53,200.00 final price.

60 month was 907 @ .9%.

fwiw

12

IMG_5418
IMG_54181290×2619 202 KB

IMG_5419
IMG_54191290×2619 504 KB

13

Nice. Nobody can beat captive financing at .9% and 1.99% to be sure.

14

For sure. Fed just went up too.