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      04-29-2024, 06:02 PM   #2860
Mattl0806
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Drives: Bmw
Join Date: Oct 2022
Location: New york

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2022 x5 m50i  [0.00]
Quote:
Originally Posted by EyeoftheTiger25 View Post
Thoughts on this lease deal?

$68K MSRP
'24 x3 m40i
36/7500 lease
$3000 Drive off
$920/month (pre tax)
Hard to fully evaluate this deal without knowing what incentives you qualify for if any or the full details of the lease program.

EOD the only thing that matters is what is the sale price (before any incentives) - this discount is what is called the effective dealer discount. This is the discount that is being quoted by a broker on lease hacker when people at 8% off msrp before incentives.

Dealers like to cagey and non transparent. They will often quote you one NET discount that includes YOUR incentives and say that incentive is 1500 - well that’s about 2.5% of the msrp - so the dealer discount is whatever they gave you minus this 1500 2.5%. So if they “matched” this 8% but were hiding that they included this discount then they really only gave you 5.5%. Where the broker is giving you 8% is 8% before the 1500. So once you add the 1500 incentive you are actually getting 10.5% off the msrp. This is all under the assumption you qualify for some hypothetical 1500 incentive. I don’t know the current programs.
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