X3 lease, is this a good deal? TIA

Ask the Hackrs
1

Please let me know if this is a good deal… Thank you

SOLD BY: Bailey, Paul

VIN: STOCK#: LICENSE: ODOMETER:

VEHICLE: 2018 BMW X3 xDrive30i COLOR: Jet Black UPHOLSTERY: Cognac Vernasca Leather

Index Description MSRP

Base Price $42,450.00
ZPP Premium Package 3,300.00
ZCV Convenience Package 2,850.00
ZDA Driving Assistance Package 900.00
ZDB Driving Assistance Plus Package 1,700.00
ZPX Executive Package 3,500.00
688 Harman Kardon Surround Sound 875.00
6CP Apple CarPlay Compatibility 300.00

Destination and Handling 995.00

TOTAL AS EQUIPPED $56,870.00

SELLING PRICE $54,595.00

Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year

Residual Factor 58%

Selling Price $54,595.00
Acq Fee $925.00
Capital Reduction $5,834.70

Total Capitalized Cost $49,685.30

Residual Value $32,984.60
Total Depreciation $16,700.70

Monthly Depreciation $463.91
Monthly Finance Charge $133.93

Monthly Payment $597.83
Plus local sales tax

Capital Reduction $5,834.70
Cap Reduction Tax (7.75%) $458.39
Up Front Tax (7.75%) $0.00
License & Registration $477.75
Documentation Fee $80.00
First Payment $644.17
Security Deposit $0.00

Drive Off $7,495.00

Rebate $3,000.00

Due at Signing $4,495.00

Customer Information
Name Reese, Kevin
Email
City IRVINE
State CA
ZIP 92618
CRM#
Home Phone (214) 668-8692
Work Phone

Dealer Information
Dealership Irvine BMW
Address 9881 Research Dr.
City Irvine
State CA
ZIP 92618
Phone (800) 817-2032
Website www.IrvineBMW.net

Contact Paul Bailey
Phone (949) 387-8376
Fax (949) 387-8142
Email PaulB@IrvineBMW.com

Disclaimers

This is only an estimate and does not constitute a binding contract between the client, the dealership or the finance institution. This estimate should not be relied upon beyond the time printed and is subject to prior sales, availability of product or manufacturer’s incentives, and client’s credit approval.
FG01,090[P01,090:T00]2.037%BG0208.328[F00:R0208.328]

2

You’ve been on these forums for a long time. Have you read the leasing basics or done any research? The answer to your question is obvious and posts like yours are a complete waste of everyone’s time.

6 Likes
3

$4500 due at signing should tell you all you need to know without even looking at the rest of the structure.

4

did you really just unnecessarily post your personal info on the web?

Drive Off always should = 1st Month + Registration or alike, that’s it…

1 Like
5

I am looking but don’t see it, can you please send a link, I saw the X3 lease where they are offering 10% off but he didn’t give any more details and me and others asked for details.

6

So…$644/month plus down payment divided by 36…

$644 + $100 or so = $740+/- on a $57K msrp

That’s sucks but…how’s it compare to other X3’s?

7

It’s a great deal for this guy

3 Likes
8

A good deal starts with a good discount. They are only giving you 2k discount (56 k MSRP, 54k MSRP), so that does not bode well, as the numbers eventually show.

9

I saw another post the 18 X3’s are not being discounted yet. So the fact your getting a small discount is good. However unless you really need this car now, RUN. if you can wait until the sizzle around this car settles down you can get a much better deal in 6 months to a year. Look at the posts on the Q5 now vs when they first came out. Payments are about $200 lower now.

10

Dude you posted your own phone number, full name, and city on the internet. You probably want to at least go back and take that out.

And no it’s not a good deal.

11

Kevin Reese of Classic Chevrolet Buick GMC in Granbury?

12

Call/Txt me I work at the sister store Shelly BMW 714-519-6707 Cell

13

yes sir. My family member came to me for help in leasing this car and she lives in San Diego. A lot of my family ask for help to make sure they get a good deal on vehicles.

14

done, thank you for your assistance.

15

Voting this one for Most Interesting of 2017 category, because:
We have a car salesman that is completely unaware of what a reasonable transaction might constitute

1 Like
16

I sell chevy/buick/gmc so I have no idea what the BMW programs are.

17

Done what? It’s still there.

18

I don’t see my cell # there anymore

19

It’s still listed under Customer Information.

20

Do you see your Home #?