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      10-25-2013, 05:35 PM   #1
Eric5273
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Placed my order for a 2014 X1 Xdrive28i

I placed my order today. Here are the specifics...

2014 X1 Xdrive28i

Black Sapphire Metallic
Black Leatherette
Silver Matte Trim

Lighting Package
Technology Package

MSRP $37,225, Sale Price $32,813 (includes $750 BMW incentive cash)

$360/month x 36 months lease with $0 down, tax due at inception, 10k miles per year
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      11-08-2013, 09:06 PM   #2
Eric5273
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I found out today that the car has been built and will be shipped soon.
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      11-09-2013, 05:41 AM   #3
Royleblue
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Nice one!
Seems to be a big difference in prices on your side of the pond. We only get the 20i which starts at £28500 which is over $40K for the basic SE. There are some good discounts around at the moment though.
On the plus side though we do get a good choice of diesels..........��
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      11-09-2013, 11:05 AM   #4
Eric5273
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Yeah, a diesel option would have been nice. If I had been buying instead of leasing, I would have preferred the Mercedes GLK with the diesel. But BMW was offering a really good lease and Mercedes was not, so even though both cars were within $4k of each other in MSRP, the lease prices were about $120/month apart.
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      12-02-2013, 11:57 PM   #5
Eric5273
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I got a call today from my salesman and he said the car has arrived stateside and should arrive at the dealership sometime next week.
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      12-03-2013, 09:29 AM   #6
d1saster
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Quote:
Originally Posted by Eric5273 View Post
...so even though both cars were within $4k of each other in MSRP, the lease prices were about $120/month apart.
$120 x 36 months = $4320
Seems right to me
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      12-03-2013, 02:27 PM   #7
Eric5273
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Quote:
Originally Posted by d1saster View Post
$120 x 36 months = $4320
Seems right to me
Yeah, but lease prices are usually residualized. So if the difference between the value of the cars is $4k, then usually you would only pay about half of that amount in the lease payments and the other half would be on the back end buyout option at the end of the lease.
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      12-03-2013, 06:06 PM   #8
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Great deal

Eric, this seems like a great lease deal, are you paying anything up front upon taking delivery?
I'm in CT and for a similarly equipped X1 at 36 mos with 12k/yr the monthly payment is 379 with 1500 out of pocket at delivery.
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      12-03-2013, 07:27 PM   #9
Eric5273
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Quote:
Originally Posted by Purpcross View Post
Eric, this seems like a great lease deal, are you paying anything up front upon taking delivery?
I'm in CT and for a similarly equipped X1 at 36 mos with 12k/yr the monthly payment is 379 with 1500 out of pocket at delivery.
I'm paying the first payment, sales tax and inception fees upfront, which comes to around $2700 total (I gave them a $500 deposit when I placed the order, so now I owe them $2200).

I don't have the numbers in front of me now, but the upfront fees look something like this:

$950 (NJ sales tax)
$360 (first payment)
$725 (bank fee)
$300 (doc fee)
$325 (NJ registration)


Their doc fee is a bit outrageous, but they gave me the car for less than invoice, so it all evens out. I could have done about $15/month better if I was eligible for the $500 loyalty cash, but I haven't owned a BMW since 2009 so I wasn't eligible.
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