2017 X4 M40i lease deal! Need your help

tpm17 · 06-01-2016, 03:14 PM

MSRP $59,745 (LBM paint and rear camera are the only paid options) and delivery
Sale Price appx $52,500
36 months
10,000 miles
First month doc fees and DMV due at signing appx $2,000
$700 per month taxes on 7.375% included in monthly payment.

Are the numbers legit? Do I do this deal?

Jazzster · 06-01-2016, 04:03 PM

I can't comment on the leasing details as I've never leased before, but at first glance, I think the discount seems pretty good. The concern I would have would be the miles- as 10K seems a little low to me and I would be worried about what they would charge if I went over (given that it's so much fun to drive!)

R11 M · 06-01-2016, 08:19 PM

Thats not a very good deal. I just leased a fully loaded 2016 M40i a month ago. MSRP was a little over $68,000 and I pay 660 a month with just 3,180 total due at signing. The residuals for the 2017's are probably horrible right now since it was just released. See if they can find you a 2016 and if they can't go to another dealer. Yes you'll lose the new idrive. But you gain the maintenance back and everything else on the car is exactly the same. Good luck with the purchase!

tpm17 · 06-01-2016, 09:49 PM

Quote:

Originally Posted by R11 M

Thats not a very good deal. I just leased a fully loaded 2016 M40i a month ago. MSRP was a little over $68,000 and I pay 660 a month with just 3,180 total due at signing. The residuals for the 2017's are probably horrible right now since it was just released. See if they can find you a 2016 and if they can't go to another dealer. Yes you'll lose the new idrive. But you gain the maintenance back and everything else on the car is exactly the same. Good luck with the purchase!

Wow! Ok. Thank you for the heads up. Really appreciate the advice. I just think it'll be tough to find a 2016 sitting on a lot somewhere around me.

FSociety · 06-01-2016, 10:11 PM

Quote:

Originally Posted by R11 M

Thats not a very good deal. I just leased a fully loaded 2016 M40i a month ago. MSRP was a little over $68,000 and I pay 660 a month with just 3,180 total due at signing. The residuals for the 2017's are probably horrible right now since it was just released. See if they can find you a 2016 and if they can't go to another dealer. Yes you'll lose the new idrive. But you gain the maintenance back and everything else on the car is exactly the same. Good luck with the purchase!

$660/per month 10k miles ?
no MSDs ?

R11 M · 06-02-2016, 08:26 AM

Quote:

Originally Posted by ROBNYC

$660/per month 10k miles ?
no MSDs ?

Yeah 10k a year, I also attended the drive event at the NY Auto show so I got a grand there.

FSociety · 06-25-2016, 12:22 PM

Quote:

Originally Posted by R11 M

Yeah 10k a year, I also attended the drive event at the NY Auto show so I got a grand there.

Not bad!
Now we need some X meets this summer for photos and cruise

bmwpc · 07-03-2016, 05:42 PM

I've been doing my database on all 375 2016 X4M40i's in the US and have found that of those "sold", about 28% have been leased which is lower than BMW's overall rate of 52%. Also there are several 2016's still at dealers, try Trader Online, cargurus.com or just Google. They are easy to find and most are fairly loaded. FYI, the first 35, 2016's have not been titled and remain owned by BMW as show cars, trade display, magazine cars, etc. I have #36 which was produced on 11/29/15 and, like the others, not released to dealers until late 2/16. It is the 1st released for sale to the general public in North America. Rarest "option" is one with standard 19" wheels. I don't have all 375 in the database with details yet but will eventually will like my 2001 M Roadster database.

JamRWS6 · 07-30-2016, 12:56 PM

As mentioned in many lease threads you have to understand where the "money due at signing" is going. Cap cost reduction, MSDs, dealers pocket?

Negotiate no down payment, lowest possible money factor, and the lowest sales price and you'll have your best deal. Your deal looks ok other than way to much money down unless you are paying sales tax up front (which you said you weren't) or putting down refundable security deposits to lower the money factor. Never negotiate on the monthly payment just make sure you're comfortable with the payment once the other factors fall into place. Good luck

06-01-2016, 03:14 PM	#1
tpm17 Second Lieutenant 23 Rep 210 Posts Drives: 2014 BMW X1 35i Join Date: Mar 2011 Location: Dobbs Ferry, NY iTrader: (1)	2017 X4 M40i lease deal! Need your help MSRP $59,745 (LBM paint and rear camera are the only paid options) and delivery Sale Price appx $52,500 36 months 10,000 miles First month doc fees and DMV due at signing appx $2,000 $700 per month taxes on 7.375% included in monthly payment. Are the numbers legit? Do I do this deal?
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06-01-2016, 04:03 PM	#2
Jazzster Enlisted Member 41 Rep 38 Posts Drives: 2017 X4 M40i (Melbourne Red) Join Date: Feb 2016 Location: Ottawa iTrader: (0)	I can't comment on the leasing details as I've never leased before, but at first glance, I think the discount seems pretty good. The concern I would have would be the miles- as 10K seems a little low to me and I would be worried about what they would charge if I went over (given that it's so much fun to drive!)
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06-01-2016, 08:19 PM	#3
R11 M CX502 80 Rep 65 Posts Drives: 2022 M3 Comp Brooklyn/Fjord Join Date: Feb 2010 Location: New York iTrader: (0)	Thats not a very good deal. I just leased a fully loaded 2016 M40i a month ago. MSRP was a little over $68,000 and I pay 660 a month with just 3,180 total due at signing. The residuals for the 2017's are probably horrible right now since it was just released. See if they can find you a 2016 and if they can't go to another dealer. Yes you'll lose the new idrive. But you gain the maintenance back and everything else on the car is exactly the same. Good luck with the purchase! __________________ 22 M3 Comp Brooklyn Grey/Fjord Blue - Current 18 M3 Comp Tanzanite/Silverstone - Gone 17 X4 M40i Carbon Black/Saddle Brown - Gone 16 i8 Ionic Silver/Black - Gone 16 M4 Silverstone/Silverstone - Gone
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07-03-2016, 05:42 PM	#8
bmwpc Private 16 Rep 53 Posts Drives: Join Date: Dec 2008 iTrader: (0) Garage List 2016 X4M40i LBB/Bla ... [0.00]	I've been doing my database on all 375 2016 X4M40i's in the US and have found that of those "sold", about 28% have been leased which is lower than BMW's overall rate of 52%. Also there are several 2016's still at dealers, try Trader Online, cargurus.com or just Google. They are easy to find and most are fairly loaded. FYI, the first 35, 2016's have not been titled and remain owned by BMW as show cars, trade display, magazine cars, etc. I have #36 which was produced on 11/29/15 and, like the others, not released to dealers until late 2/16. It is the 1st released for sale to the general public in North America. Rarest "option" is one with standard 19" wheels. I don't have all 375 in the database with details yet but will eventually will like my 2001 M Roadster database.
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07-30-2016, 12:56 PM	#9
JamRWS6 Captain 191 Rep 603 Posts Drives: 2022 X3M Competition Join Date: Aug 2012 Location: Dallas, TX iTrader: (0)	As mentioned in many lease threads you have to understand where the "money due at signing" is going. Cap cost reduction, MSDs, dealers pocket? Negotiate no down payment, lowest possible money factor, and the lowest sales price and you'll have your best deal. Your deal looks ok other than way to much money down unless you are paying sales tax up front (which you said you weren't) or putting down refundable security deposits to lower the money factor. Never negotiate on the monthly payment just make sure you're comfortable with the payment once the other factors fall into place. Good luck __________________ - 2022 X3M Comp - 2021 X5 xDrive 40i - 2018 F80 M3 (sold)
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