[sittingmongoose]

Originally Posted by f82fanatic

Marginally more risky. I think that recommendation and worry is blown out of proportion. I haven't put money down in any of my cars in the last few years. I also haven't totaled any cars in 20 years of driving.

If you have a reason to put money down, I don't think it's a big deal.

It's not about a risk. It's about being a waste of money. It's much better spent on msds or anything else.

[f82fanatic]

Originally Posted by sittingmongoose

It's not about a risk. It's about being a waste of money. It's much better spent on msds or anything else.

What's the objective?

Is it a lower monthly payment? Then it's well spent in a down payment. MSDs do not achieve that as much. Dollar for dollar, the impact of the down payment is much higher.

If the objective is to not waste money, we picked the wrong asset to do that in the first place…

[sittingmongoose]

Originally Posted by f82fanatic

What's the objective?

Is it a lower monthly payment? Then it's well spent in a down payment. MSDs do not achieve that as much. Dollar for dollar, the impact of the down payment is much higher.

If the objective is to not waste money, we picked the wrong asset to do that in the first place…

The money you used as a down payment could be used to invest, even in some thing conservative. You just take that money out as you need to make your car payments. And you get your money back at the end with msds so Dollar for dollar it's WAY more.

[f82fanatic]

Originally Posted by sittingmongoose

The money you used as a down payment could be used to invest, even in some thing conservative. You just take that money out as you need to make your car payments. And you get your money back at the end with msds so Dollar for dollar it's WAY more.

Some people want to have a lower car payment from BMW directly, your solution doesn't solve that.

In any case, not going to discuss this further, not the right forum for this.

[Glassjaw047]

Originally Posted by sittingmongoose

The money you used as a down payment could be used to invest, even in some thing conservative. You just take that money out as you need to make your car payments. And you get your money back at the end with msds so Dollar for dollar it's WAY more.

When you roll taxes and fees into the monthly payment, it is then subjected then to the interest made on the money factor. Also, if something happens to the car where it results in a total loss, you get back the taxes (adjusted) on what is left of the term of the lease. Any additional cap cost is different story...

[Glassjaw047]

Originally Posted by f82fanatic

Very good deal given the current situation!

Thank you! Definitely is! I know people are definitely paying lower but that was a few months back and the situation is getting worse and worse so I cannot complain when this is close to 10% off MSRP.

[BMV///M3]

Current M340 lease and have my eyes on the X3M next year but these rates! Ouch! We ended up with a 61% res but I don't think we'll ever see anything like that again.

[Jason]

Updated with August program rates.

[f82fanatic]

Originally Posted by Jason

Please use this thread as a master thread to discuss quotes, pricing, lease program, and the like.

This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!


August 2021 Lease Program:

2022 MODEL YEAR

X3M and X3M Competition (2022MY)

15k miles / 53% residual
12k miles / 55% residual
10k miles / 56% residual

$0 lease credit
$500 loyalty credit

X4M and X4M Competition (2022MY)

15k miles / 53% residual
12k miles / 55% residual
10k miles / 56% residual

$0 lease credit
$500 loyalty credit

2021 MODEL YEAR

X3M and X3M Competition (2021MY)

15k miles / 53% residual
12k miles / 55% residual
10k miles / 56% residual

$1000 lease credit
$750 loyalty credit

X4M and X4M Competition (2021MY)

15k miles / 53% residual
12k miles / 55% residual
10k miles / 56% residual

$750 lease credit
$750 loyalty credit

For 2022 X3/X3M, everyone remember that there is. 7.5k per year program for August.


Residual of 57% - 22.5k miles in 36 months

[X3mcesq]

Originally Posted by f82fanatic

For 2022 X3/X3M, everyone remember that there is. 7.5k per year program for August.


Residual of 57% - 22.5k miles in 36 months

You lost me on this one… can you explain perhaps

Thanks

[f82fanatic]

Originally Posted by X3mcesq

You lost me on this one… can you explain perhaps

Thanks

There is one program missing:

15k miles / 53% residual
12k miles / 55% residual
10k miles / 56% residual
7.5k miles / 57% residual —> this one was missing. At least for FL.

$0 lease credit
$500 loyalty credit

[kmualim]

No one is posting any "offers" from the dealerships recently, this means that this is a really bad time to get a car....

But strangely, I keep on monitoring the car X3/X4MC inventory on Cargurus and other websites, seems that the total numbers keep on falling down...

I wonder who those buyer are... haha... just my mind's curiosity.

[f82fanatic]

Originally Posted by kmualim

No one is posting any "offers" from the dealerships recently, this means that this is a really bad time to get a car....

But strangely, I keep on monitoring the car X3/X4MC inventory on Cargurus and other websites, seems that the total numbers keep on falling down...

I wonder who those buyer are... haha... just my mind's curiosity.

I'm a buyer.

Current discounts ara attainable if you search on the most most buyer-friendly markets.

Discounts have worsened since July. Aim for ~6% before incentives right now.

[kmualim]

Ok... thanks for the suggestion

[tribalcool]

What happened to the Donnington Grey for the X3M? It was possibly one of the best color choices for it.

[Maletone]

Just for a data point I just placed an order for a 2022 X3M (Non competition, only option added was the heated steering wheel). Charged 72k selling price. Got 1000 off for being a new grad, but that's pretty much it. Leasing for 36 Months / 10k Miles for about 930 a month with 6k at signing (Yes, I know, down payment bad.)

So yeah, rough time to be getting a car right now. Unfortunately the 22' X3M is incredibly difficult to find an allocation for (All but 1 dealership in my area had no allocations available). Ordering + Limited Allocation = good luck getting a discount. I'm sure it's possible with the right dealership and effort, but at this point i just felt lucky to find somewhere with an allocation for a 22 X3M. In general negotiation has been unfriendly in my area. Any attempts made to get a better price were basically ended by "Its a custom order with very few allocations available"

[emilioj728]

Originally Posted by f82fanatic

I'm a buyer.

Current discounts ara attainable if you search on the most most buyer-friendly markets.

Discounts have worsened since July. Aim for ~6% before incentives right now.

I’m assuming this is for the 22 models. Around how much discount would you say for a 21 X4M non comp brand new on the lot still?

[f82fanatic]

Originally Posted by emilioj728

I’m assuming this is for the 22 models. Around how much discount would you say for a 21 X4M non comp brand new on the lot still?

Really hard to find '21s with the options you want on the lot. Check inventory levels in cars.com for example. There are very few of them.

Since the inventory is limited, discounts for on the lot cars will be minute. You are probably better of ordering and waiting, but you might be able to find a pearl, it'll take a lot of work though.

Let me caveat this by saint that we are entering new territory, as situation improves (more allocations) dealers might start getting worried about unloading their 21's, but this sounds unlikely.

[MaC-N54-E82]

Originally Posted by f82fanatic

Really hard to find '21s with the options you want on the lot. Check inventory levels in cars.com for example. There are very few of them.

Since the inventory is limited, discounts for on the lot cars will be minute. You are probably better of ordering and waiting, but you might be able to find a pearl, it'll take a lot of work though.

Let me caveat this by saint that we are entering new territory, as situation improves (more allocations) dealers might start getting worried about unloading their 21's, but this sounds unlikely.

For reference My local dealer offered me $5,500 off a 2021 X3 M non comp in Black sapphire.

[f82fanatic]

Originally Posted by MaC-N54-E82

For reference My local dealer offered me $5,500 off a 2021 X3 M non comp in Black sapphire.

That's not bad at all! Looks like they might be getting desperate

[anthemavm]

Originally Posted by f82fanatic

That's not bad at all! Looks like they might be getting desperate

We have a 2021 4Xm showing up used with 484 miles. Would this be considered a highly optioned one?


https://www.bmwusa.com/certified-pre...UJ0C07M9G79786

[X3mcesq]

Originally Posted by anthemavm

We have a 2021 4Xm showing up used with 484 miles. Would this be considered a highly optioned one?


https://www.bmwusa.com/certified-pre...UJ0C07M9G79786

Short answer- yes it's pretty much fully loaded