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      05-13-2019, 09:48 AM   #353
GerWil
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7,500 Mile Lease

I saw some discussions recently about a 7,500 annual miles lease. Is there any truth to it?
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      05-14-2019, 03:14 PM   #354
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Got offered this deal at my local dealer.

2019 X3 M40i

12k miles and $0 down w/o MSD
MSRP = $61,135
Price = $51,963
Residual = $35,458 (58%)
MF = .00165
Monthly = $771

About $30 cheaper monthly with 7xMSD. Any feedbacks?
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      05-15-2019, 03:41 PM   #355
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Sims little high. My car was 64720 sold for 58k minus 2250 in incentives. With 6 MSD's my payment including tax is 720. No money down
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      05-16-2019, 02:00 PM   #356
GerWil
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Quote:
Originally Posted by blackmamba30 View Post
Got offered this deal at my local dealer.

2019 X3 M40i

12k miles and $0 down w/o MSD
MSRP = $61,135
Price = $51,963
Residual = $35,458 (58%)
MF = .00165
Monthly = $771

About $30 cheaper monthly with 7xMSD. Any feedbacks?
With your numbers my lease calculator (car Finance Boss) shows 602.72 (36 mos) without MSD's
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      05-16-2019, 07:46 PM   #357
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Quote:
Originally Posted by GerWil View Post
With your numbers my lease calculator (car Finance Boss) shows 602.72 (36 mos) without MSD's
I wish I could find a lease at 602. I'm going to keep looking!
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      05-17-2019, 03:50 PM   #358
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Got offered this purchase deal:

2019 X3 M40i
MSRP $58395
Discounted price $54145

Incentives:
Finance through BMW $2750
Conquest $750

Total price $50645

Is this a good deal?
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      05-18-2019, 10:44 AM   #359
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I noticed on edmunds that there is dealer cash of $2750. Do they have the ability to pass that on? Should I be able to leverage that for a larger discount?
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      05-18-2019, 01:57 PM   #360
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It seems hard to get a great lease deal on a 19 m40i. Hopefully better incentives show up once my20's hit the ground.
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      05-20-2019, 05:53 PM   #361
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New to this forum and just found this thread. Leased my 2019 x3 on April 29th for the below numbers. I thought the numbers looked decent but wanted to see if i got a bad deal.

2019 X3 XDrive - 12k miles / 36 months
MSRP $56065
Selling price $49995

Incentives:
2250$

Adjusted price: $47745

Total price (inc taxes/fees) $54024

drive off- 1500$
686$ monthly.
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      05-26-2019, 08:45 AM   #362
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Located in Southern California. We are shopping for a new vehicle for the wife. The following offer was presented yesterday for a 2019 X3 M40i at a Orange County dealership:

MSRP: $65,370
discount: $3,000 (approx a 4.6 % discount)
rebates: $4,000 if a use BMW Financing.

Reading most of the recent postings in this thread it appears 10% off of the MSRP can be achieved prior to any rebates.

My wife also is considering the X4 M40i and our local dealer has one at an MSRP of $71, 270. It is a 2019 vehicle and has all the options she wants. My local dealer is offering the following:

MSRP: $71,270
discount: $4,000 (approx 5.7 % discount)
rebate: $4,000

We are looking at purchasing and not leasing. My wife wants almost a fully loaded vehicle and there is slim pickings here in SOCAL since she wants a white or silver exterior. The aforementioned X3 M40i is silver but has the Cognac interior and I think the two colors clash.
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      05-26-2019, 09:56 AM   #363
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2024 BMW X5 M60i  [10.00]
Those discounts seem pretty close to what is available out here in AZ too. The market around here just seems to be right around that 4-6% discount. In the end I think a lot comes down to your relationship with the dealer, the local market conditions, timing of month/quarter end, and just luck. Remember that those posting on here with 10% or more discounts will be a much smaller population of those buying on a daily basis.

At the end of the day though, all that matters is that you walk away happy with the deal and don't feel ripped off.
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      05-27-2019, 08:47 PM   #364
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I bought a 2019 X3 30i Xdrive Phytonic Blue Metallic with the oyster leather interior X-line.... has driving assistance, parking assistant plus, premium package with Harmon Kardan sound system. I did not finance. Price was $54, 900. I negotiated down around $3500 or so. I did get glasscoat, and interior protection package, extened prepaid service, and a warranty the dealer offers through a separate company. After all that and taxes, tags etc.... around $59k. I do not think I did especially well or bad. I have the one I really wanted, and to me that's what really counts. As a plus my wife likes it, so that's a really good plus.
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      05-28-2019, 03:17 AM   #365
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Quote:
Originally Posted by tatafreeman View Post
I bought a 2019 X3 30i Xdrive Phytonic Blue Metallic with the oyster leather interior X-line.... has driving assistance, parking assistant plus, premium package with Harmon Kardan sound system. I did not finance. Price was $54, 900. I negotiated down around $3500 or so. I did get glasscoat, and interior protection package, extened prepaid service, and a warranty the dealer offers through a separate company. After all that and taxes, tags etc.... around $59k. I do not think I did especially well or bad. I have the one I really wanted, and to me that's what really counts. As a plus my wife likes it, so that's a really good plus.
"my wife likes it" = the best deal you can get
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      05-30-2019, 12:52 PM   #366
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Got an offer for 2019 x3 m40i in CA

discount: 13% off
coperate rebate: 2400
money factor: 0.00205
residue: 59% 36/10
down pay: 0
Tax: 9.75%


I'm still swinging between two specs
spec 1:
MSRP: 62045
monthly payment: 651 w/ tax and 7 MSD

spec 2:
MSRP: 67270
monthly payment: 710 w/ tax and 7 MSD

It's a fair deal and post it here for information.
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      05-30-2019, 07:12 PM   #367
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Quote:
Originally Posted by StaggerRoy View Post
It's a fair deal and post it here for information.
Either one, very good deals.

---Bill.
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      05-30-2019, 09:00 PM   #368
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Quote:
Originally Posted by StaggerRoy View Post
Got an offer for 2019 x3 m40i in CA

discount: 13% off
coperate rebate: 2400
money factor: 0.00205
residue: 59% 36/10
down pay: 0
Tax: 9.75%


I'm still swinging between two specs
spec 1:
MSRP: 62045
monthly payment: 651 w/ tax and 7 MSD

spec 2:
MSRP: 67270
monthly payment: 710 w/ tax and 7 MSD

It's a fair deal and post it here for information.
Is the dealer finance marking up your MF to 0.00240? If 0.00205 is your MF rate after 7 MSDs, you're getting shafted or your credit score isn't optimal.

Base MF rate is 0.00165 and for every 1 MSD it's a 0.00005 reduction for a max of 0.00035 for 7 MSDs.
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      05-31-2019, 12:19 AM   #369
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Quote:
Originally Posted by Auricom View Post
Is the dealer finance marking up your MF to 0.00240? If 0.00205 is your MF rate after 7 MSDs, you're getting shafted or your credit score isn't optimal.

Base MF rate is 0.00165 and for every 1 MSD it's a 0.00005 reduction for a max of 0.00035 for 7 MSDs.
Sry for the unclearness. It's .00205 before MSD and becomes .00170 after.
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      05-31-2019, 02:45 AM   #370
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Quote:
Originally Posted by StaggerRoy View Post
Quote:
Originally Posted by Auricom View Post
Is the dealer finance marking up your MF to 0.00240? If 0.00205 is your MF rate after 7 MSDs, you're getting shafted or your credit score isn't optimal.

Base MF rate is 0.00165 and for every 1 MSD it's a 0.00005 reduction for a max of 0.00035 for 7 MSDs.
Sry for the unclearness. It's .00205 before MSD and becomes .00170 after.
Gotcha.

They're marking up the base MF APR of 3.96% (0.00165 x 2400) to 4.92 (0.00205 x 2400) or 0.96% per year.

You using MSD is
You using MSD on an inflated MF is :
You using MSD on the base MF is

You can and should negotiate the MF as part of your deal.

Here's an estimated run down of how the inflated MF effects your monthly payments:

0.00205 (marked up) = 747.10
0.00185 (meet me half way) = 725.93
0.00170 (marked up /w 7 MSD) = 710
0.00165 (base MF) = 704.96
0.00150 (meet me half way /w 7 MSD) = 688.77
0.00130 (base MF /w 7 MSD) = 667.53

$710 - $667.53 = $42.47/mo difference over 36 mo or $1528.92 in total for the term of the lease.

You can counter with a "meet me half way" on the MSD and save approx $21/mo or $756.

Hope this was helpful.
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      05-31-2019, 12:19 PM   #371
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21" M Double-spoke cerium grey wheels, style 718M with performance run-flat tires
Cognac Vernasca Leather with contrast stitching
Aluminum Rhombicle trim
Driving Assistance Package
Executive Package
Premium Package
Rear manual side window shades
Harman Kardon surround sound system
BMW All Weather Floor Mats
DESTINATION + HANDLING$995
TOTAL MSRP as Built$64,955

8% off MSRP (-$5,196)
3yr/10k
Residual 59%
MF .00165
Lease & Loyalty Credit $2500

$754 with CA tax included

Is this a good deal? I was trying to get 10% off MSRP but the dealer didnt budge.
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      05-31-2019, 06:03 PM   #372
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Quote:
Originally Posted by Mark240sx View Post
21" M Double-spoke cerium grey wheels, style 718M with performance run-flat tires
Cognac Vernasca Leather with contrast stitching
Aluminum Rhombicle trim
Driving Assistance Package
Executive Package
Premium Package
Rear manual side window shades
Harman Kardon surround sound system
BMW All Weather Floor Mats
DESTINATION + HANDLING$995
TOTAL MSRP as Built$64,955

8% off MSRP (-$5,196)
3yr/10k
Residual 59%
MF .00165
Lease & Loyalty Credit $2500

$754 with CA tax included

Is this a good deal? I was trying to get 10% off MSRP but the dealer didnt budge.
Looks good with numbers provided:

MF
Residual
Incentives:

If you can get them to knock another:
$500, takes you down to $734
$1000 gets you down to $718

With 10% off you're down to $708ish
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      06-01-2019, 05:11 PM   #373
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Quote:
Originally Posted by Auricom View Post
Gotcha.

They're marking up the base MF APR of 3.96% (0.00165 x 2400) to 4.92 (0.00205 x 2400) or 0.96% per year.

You using MSD is
You using MSD on an inflated MF is :
You using MSD on the base MF is

You can and should negotiate the MF as part of your deal.

Here's an estimated run down of how the inflated MF effects your monthly payments:

0.00205 (marked up) = 747.10
0.00185 (meet me half way) = 725.93
0.00170 (marked up /w 7 MSD) = 710
0.00165 (base MF) = 704.96
0.00150 (meet me half way /w 7 MSD) = 688.77
0.00130 (base MF /w 7 MSD) = 667.53

$710 - $667.53 = $42.47/mo difference over 36 mo or $1528.92 in total for the term of the lease.

You can counter with a "meet me half way" on the MSD and save approx $21/mo or $756.

Hope this was helpful.
thanks for suggestion, I tried to get a lower MF but they said it's non-negotiable by their company's policy, 205 is the most optimal they could offer.
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      06-01-2019, 06:25 PM   #374
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Jeez, does everyone lease? Show me the new deals on a finance!
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