carmudgeons.com  

Go Back   carmudgeons.com > Automotive Forums > Car Talk > Perseverators Anonymous

Reply
 
Thread Tools Display Modes
Old 11-26-2011, 06:30 PM   #1
bren
lawn boy
 
bren's Avatar
 
Join Date: Oct 2003
Carmudgeonly Ride: e46m3, f25x3,C5 Z06, C4 Vette, 06 CTD Ram, and a trailer
Location: Maryland
Posts: 14,029
So I found myself at the BMW dealer

We've been thinking of replacing the wife's Grand Cherokee for a while, and pondering pretty much any and all SUV's in the mean-time. Yesterday we finally had some time (and a baby sitter) to head over to the BMW dealer where they happened to have a used MDX, and a Cayenne. (Previously we've driven both gen X5's and a new Jeep GC.) It didn't take long to realize that for one reason or another we were both happiest with the x3 over everything else we looked at.

We ran the numbers a bit and it seems like they must have some pretty awful residuals/money factors on the x3 right now. Shouldn't the 2012 lease be pretty much as good a deal as can be right now? I've been looking around the net and can't seem to find the actual numbers from BMW anymore. Am I missing something, or are these no longer published? I know we have several bmw leases around here - where do you guys go now to research and figure these things out?

It's really annoying that nobody else can figure out how to make a decently competitive vehicle. I feel kind of dirty actually considering buying a no dipstick, turbo BMW, but what are you going to do.

Oh, and I must be the only person who actually appreciated the a la carte ording system, because they've really moved to all sorts of silly, overstuffed, packages now. booo
bren is offline   Reply With Quote
Old 11-26-2011, 06:36 PM   #2
SARAFIL
I like BMWs
 
Join Date: Oct 2003
Carmudgeonly Ride: X5 M50 / M550
Location: Boston, MA
Posts: 5,782
LeaseCompare doesn't seem to be around anymore, or at least Tarry is no longer posting.

This source has the programs:

http://www.ridewithg.com/index.php/2...november-2011/
__________________
2020 X5 M50i -- Alpine White / Coffee Leather
2020 M550i -- Carbon Black / Beige Leather
SARAFIL is offline   Reply With Quote
Old 11-26-2011, 06:45 PM   #3
JST
195
 
JST's Avatar
 
Join Date: Oct 2003
Posts: 24,593
Why the X3 over the new Grand Cherokee?
JST is offline   Reply With Quote
Old 11-26-2011, 06:46 PM   #4
Jeff_DML
Old Fart
 
Join Date: Oct 2005
Carmudgeonly Ride: T4R,GTI
Location: San Diego
Posts: 8,547
I prefer stand alone options too, seems the average american joe wants the loaded up vehicle nowadays
Jeff_DML is online now   Reply With Quote
Old 11-26-2011, 06:50 PM   #5
SARAFIL
I like BMWs
 
Join Date: Oct 2003
Carmudgeonly Ride: X5 M50 / M550
Location: Boston, MA
Posts: 5,782
Quote:
Originally Posted by JST View Post
Why the X3 over the new Grand Cherokee?

I would imagine it depends on what your priorities are. The new Grand Cherokee is really nice. I think it would beat the X3 in terms of overall value, space, off-road ability, etc. But when it comes to things that some of us probably care about (acceleration, handling, road feel, etc.) I am pretty sure the X3 is in a different league than the GC.
__________________
2020 X5 M50i -- Alpine White / Coffee Leather
2020 M550i -- Carbon Black / Beige Leather
SARAFIL is offline   Reply With Quote
Old 11-26-2011, 07:09 PM   #6
bren
lawn boy
 
bren's Avatar
 
Join Date: Oct 2003
Carmudgeonly Ride: e46m3, f25x3,C5 Z06, C4 Vette, 06 CTD Ram, and a trailer
Location: Maryland
Posts: 14,029
Quote:
Originally Posted by SARAFIL View Post
This source has the programs:
Thanks. Those were the numbers they were showing me but it just seemed like 54% was awfully low, no?

Quote:
Originally Posted by SARAFIL View Post
...when it comes to things that some of us probably care about (acceleration, handling, road feel, etc.) I am pretty sure the X3 is in a different league than the GC.
This.

The new GC is really nice and a total bargain. However, the sight lines aren't great, and it is quite large/heavy feeling. My wife also decided that ultimately it was too similar to the jeep she's been driving and she wanted something different.

We haven't pulled the trigger on anything yet, but I think at this point it's just down to choosing options. If we could get the m sport without the mandatory premium pkg gee gaws I think we'd be done.
bren is offline   Reply With Quote
Old 11-26-2011, 07:16 PM   #7
SARAFIL
I like BMWs
 
Join Date: Oct 2003
Carmudgeonly Ride: X5 M50 / M550
Location: Boston, MA
Posts: 5,782
Quote:
Originally Posted by bren View Post
Thanks. Those were the numbers they were showing me but it just seemed like 54% was awfully low, no?
I think some of us are still used to the old programs that BMW had 3-4 years ago. Mid-50s is probably the "true" residual for that car right now. The X3 is new enough and selling well enough that they don't have to get really aggressive yet on the leases. If you look over the past year, the cars that have had aggressive lease support have all been E90/91/92/93 or Z4 derivatives.

If you're leasing, I'm still a fan of the zero down max MSD route. The overall lease is just not a screaming deal like it might have been a few years back.
__________________
2020 X5 M50i -- Alpine White / Coffee Leather
2020 M550i -- Carbon Black / Beige Leather
SARAFIL is offline   Reply With Quote
Old 11-26-2011, 07:21 PM   #8
bren
lawn boy
 
bren's Avatar
 
Join Date: Oct 2003
Carmudgeonly Ride: e46m3, f25x3,C5 Z06, C4 Vette, 06 CTD Ram, and a trailer
Location: Maryland
Posts: 14,029
Quote:
Originally Posted by SARAFIL View Post
I think some of us are still used to the old programs that BMW had 3-4 years ago. Mid-50s is probably the "true" residual for that car right now. The X3 is new enough and selling well enough that they don't have to get really aggressive yet on the leases. If you look over the past year, the cars that have had aggressive lease support have all been E90/91/92/93 or Z4 derivatives.

If you're leasing, I'm still a fan of the zero down max MSD route. The overall lease is just not a screaming deal like it might have been a few years back.
No doubt. Some of us are still used to prices from back in the day too.

I've been reading about the MSD thing, but honestly it's still over my head.
bren is offline   Reply With Quote
Old 11-26-2011, 07:25 PM   #9
SARAFIL
I like BMWs
 
Join Date: Oct 2003
Carmudgeonly Ride: X5 M50 / M550
Location: Boston, MA
Posts: 5,782
Quote:
Originally Posted by bren View Post
No doubt. Some of us are still used to prices from back in the day too.

I've been reading about the MSD thing, but honestly it's still over my head.

X3s are still holding really strong on resale... my parents just bought out the lease on their 2009 for residual (shocking!!) of about $27k and that was actually a good price based on the market value.

You could take your chances buying it and taking their finance offer. The X3 and X5 had consistently done well in resale over the past few years other than the significant 1st year depreciation hit that all BMWs take.
__________________
2020 X5 M50i -- Alpine White / Coffee Leather
2020 M550i -- Carbon Black / Beige Leather
SARAFIL is offline   Reply With Quote
Old 11-26-2011, 07:27 PM   #10
bren
lawn boy
 
bren's Avatar
 
Join Date: Oct 2003
Carmudgeonly Ride: e46m3, f25x3,C5 Z06, C4 Vette, 06 CTD Ram, and a trailer
Location: Maryland
Posts: 14,029
Quote:
Originally Posted by SARAFIL View Post
You could take your chances buying it....
That's what I'm leaning towards now. I can get a low interest rate from my credit union.
bren is offline   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
I have found my next car. equ Perseverators Anonymous 55 09-11-2009 04:30 PM
TD - I Found Your P-car! FT@SGP Car Talk 70 11-03-2006 10:50 PM


All times are GMT -4. The time now is 04:39 PM.


Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Forums © 2003-2008, 'Mudgeon Enterprises - Site hosting by AYN & Associates, LLC