Hello all! I’m new to the lease world. I currently have a 2022 Volvo XC60 that I’m looking to trade in for the new BMW X3 M50. I’ve attached my lease deal here as well. They have 32,000 for my trade value but actually they’re going to pay it off because Carmax has offered 35,200 and they will match theirs. I currently owe 31,800 and will use the extra towards the 5000 cash down. I’ve gone to others dealerships and they can’t beat this deal but I’m new to leasing and just want to be sure I’m getting the best before signing anything. I currently reside in Maryland.
36 month lease 15,000 miles
MRSP is 74,425
Savings 2,500
Selling price 71,925
Rebate 500.00
Trade will be 35,200
Payoff 31,800
Acquisition fee 925.00
Processing charge 800.00
Other fees 508.00
Due at signing 5,000
What on earth could possess you to think that a basic non-///M X3 with an I6 is anywhere near a $1,000+ car?
Like they weren’t done fleecing people when they replaced the 35i badges with 40i badges and now they’re looking for a new generation of suckers to take an I6 with an “M50i” badge?
What did you find out by using the LH calc (look in Wiki here) and putting a target payment/DAS together? If you don’t understand this and don’t want to learn just use a broker.
I know it definitely suck but I’ve had the Volvo for 3 years now and they just can’t get this Android Auto info system right. It’s frustrating to say the least. Every update get worse and worse and the info system runs the whole vehicle practically.
Yup, that’s what the problem was with mine. Some people love it, but I found it frustrating, especially since I have an S60 with Sensus, and that system is just so much better.
I’m hanging on to the S60 for quite some time, especially since they stopped making the T6 and they are not making S60s for at least a year to focus on electric cars.
At any rate, I can help you with the X3 and get a much better deal, without haggling, as I mentioned.
Don’t blame the market. If you take this you only have yourself to blame. Many other cars are leasing just fine. You picked the worst car to lease in the worst state to lease.
You can finance it instead and pay less in taxes & fees on a purchase than a lease in MD.
Have you considered buying an X5 for 10% off and financing for 1.9%. That is way better value if you hold onto it for 5-6 years vs leasing the X3. The X5 is overall heads and tails better appointed than an X3.
