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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum 2020 M340i xDrive lease, sounds like a good deal?

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      11-22-2019, 11:51 AM   #1
villabmw2019
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2020 M340i xDrive lease, sounds like a good deal?

Hi,

Have the following lease offer on a brand new 2020 m340i xDrive.

MSRP: $63820
Selling price: $57k
Off msrp: 10.7%
Adjusted Cap: $53,223.80
Residual: 61%
MF: 00128
Loyalty incentive: $2000
Dealer incentive: $1776.20
down: $3500 (total out of pocket which includes fees etc)
monthly: $584 (includes tax)
Term: 36 months
Miles: 10k/yr
MSD: no


I do like it and I am moving forward but curious to hear thoughts.

Thanks
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      11-22-2019, 08:05 PM   #2
wtwo3
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Looks like a good deal. What does the $3,500 down include?
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      11-23-2019, 11:03 PM   #3
villabmw2019
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Originally Posted by wtwo3 View Post
Looks like a good deal. What does the $3,500 down include?
It covers fees, down payment etc. It was my total drive off
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      11-24-2019, 06:33 AM   #4
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Quote:
Originally Posted by villabmw2019 View Post
It covers fees, down payment etc. It was my total drive off
Have you considered doing MSD's instead of downpayment? I only ask because typically on a lease a downpayment doesn't offer much benefit financially.
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      11-25-2019, 10:39 AM   #5
villabmw2019
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Quote:
Originally Posted by wtwo3 View Post
Have you considered doing MSD's instead of downpayment? I only ask because typically on a lease a downpayment doesn't offer much benefit financially.
Didn't really consider MSD as wasn't sure how better it would have made the payment etc and didn't want to lock away anymore cash. My down payment portion was less than 2k. After doing a lot of research, it was the lowest drive off and payment option I've seen for the xDrive model. So I signed the deal. Thanks again for the feedback
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      12-01-2019, 10:44 AM   #6
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Quote:
Originally Posted by villabmw2019 View Post
Hi,

Have the following lease offer on a brand new 2020 m340i xDrive.

MSRP: $63820
Selling price: $57k
Off msrp: 10.7%
Adjusted Cap: $53,223.80
Residual: 61%
MF: 00128
Loyalty incentive: $2000
Dealer incentive: $1776.20
down: $3500 (total out of pocket which includes fees etc)
monthly: $584 (includes tax)
Term: 36 months
Miles: 10k/yr
MSD: no


I do like it and I am moving forward but curious to hear thoughts.

Thanks
10% off MSRP is only valid for finance not lease
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      12-01-2019, 08:21 PM   #7
premier3is
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Quote:
Originally Posted by NGuyadeen View Post
Quote:
Originally Posted by villabmw2019 View Post
Hi,

Have the following lease offer on a brand new 2020 m340i xDrive.

MSRP: $63820
Selling price: $57k
Off msrp: 10.7%
Adjusted Cap: $53,223.80
Residual: 61%
MF: 00128
Loyalty incentive: $2000
Dealer incentive: $1776.20
down: $3500 (total out of pocket which includes fees etc)
monthly: $584 (includes tax)
Term: 36 months
Miles: 10k/yr
MSD: no


I do like it and I am moving forward but curious to hear thoughts.

Thanks
10% off MSRP is only valid for finance not lease
Uh... No it's not... you can get % off msrp for anything. Have you not ever leased before or looked here on the forums atleast to see?
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      12-01-2019, 10:29 PM   #8
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Haha, anything over 10% off is good, below 10% not good, 12% and above is great. Also, don't forget this all depends on geography, in some places, 10% is the best discount one will get. To get the best discounts one must be willing to shop out of state and or find a volume dealer, shop several dealers etc. Furthermore, just because one guy manages to get x discount from a dealer does not guarantee that the same dealer is willing to offer another customer the same discount. There are countless variables to getting a good/great deal.
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