That IS a horrible deal. You can do better than that on a brand new car! Ask the sales manager to keep that car.
You should get around $750 lease credit and more for conquest I believe. Also tell them you want the lowest MF which I think is 0.00128 now. And minimum 8% off (which they should give you without you even asking them). Ideally get around 10% off before rebates. And all this is for a brand new 2020 330i.
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