shopping an x3 30 m package
Got quoted
Msrp 56,650
6000 down (told finance company requested more down, credit tier 3)
Monthly payment $611
Money factor 0021
10k a year
I know 6k down is a lot I feel like monthly should be lower for that
NYC area
Any thoughts or suggestions or things to go back in tomorrow with. I’m not sold on it but I need to grab one of these to solve MAJOR PROBLEMS (a whole other story)
What does the LH calc tell you after inputting the numbers?
Learn how to populate and use before leaving 1000’s on the table…or use a broker.
Says score of 6.4 years (not sure what that means in terms of is the deal good)
Don’t worry about score…key negotiables are the discount off MSRP…base MF and correct RV for your term…and getting the DAS you want.
With BMW’s it makes sense to do max MSD’s if possible too…you will also need to know how your state taxes leases.
Post your calc link for review by others.
Yeah. You’re allowing the dealer to control the deal. Bad idea. You’re headed for another MAJOR PROBLEM. You may find this helpful…
Building a Motor Vehicle Lease- Data Collection and Calculations.pdf (403.6 KB)
Illinois-NY Sales Tax Calculations.pdf (1.3 MB)
??? Let me know.
You need to also give us the selling price and any rebates on the deal. Tier 3 credit does not appear to be hurting you too much with that MF.
It’s 30 basis points. Not great but not terrible.
What is your major problem, generally when people have suboptimal credit and stuff like this they make bad decisions. So making a bad decision on a reasonable deal still isn’t a net positive. Why do you need a new car
Depending on if the term is 24, 36 or 39 months, $6k DAS adds $250, $167 or $154 a month to your effective payment.
There’s so much other information missing here, I’d strongly recommend not doing anything else until you’ve determined exactly what you should pay for this vehicle.
There is no substitute for math.
Life happens.
One day you’re living the dream, the next day it can all be in shambles and getting drained to the tune of $600 per billable hour while trying to hold it together on the outside. 
Wow, that’s… oddly specific….
Going back today. I asked the day of when I was presented with the deal and was told nothing was discounted off msrp
39 months , going back today
Not my credit , the car solves a problem
What exactly are you going back for? The only reason to go back to the dealer now is to sign and take delivery of the car if you’ve agreed on a deal.
BMW’s are some of if not the easiest cars to develop a target deal on. There are lots of broker offers here (Marketplace) that will tell you exactly what you should pay, not to mention lots of datapoints on what others have signed for.
Use the resources here to figure out your target deal then make the dealer an offer.
Everyone who’s commented has thrown a red flag.
Up to you if you want to heed them or not.
Good luck.
I’m out.
lol that’s terrible, this is a car you should get 10+% off all day.
There are so many warning signs here. You don’t know appropriate discount, don’t know how the math works, going to go back to the dealer for no reason, bad credit involved
All things associated with lighting money on fire
As everyone has said, don’t go back in. You don’t need to be at the dealership until the offer is emailed/texted. Everyone here is to help you with your deal, take your time and read up.
Read about the lease calculator. Check marketplace for X3 deals and see what types of discounts are out there. Then put together a deal and send it to multiple dealerships.
Dont do down payment, do MSDs instead.
Information to provide us:
If you got 10% off for selling price, you’d be way cheaper.
But it has M package…
Appreciate this as I am not familiar with the math on these types of deals. Hence why I can here. Usually deal with a trusted broker for years but he’s out of the game.