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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum How much are you leasing your M340I for?

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      12-26-2020, 07:43 AM   #89
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Quote:
Originally Posted by bmw_hunter View Post
Thank you for that. I have been following leasehackr for a while now. Due to the tax situation, barely seen anybody in Texas is leasing M340is.
Yeah, IAC is definitely one of the larger broker that deals with Texas leases.
"Due to tax situation"???
It adds $50/month...so not the end of the world.
I am leasing the M340i directly from BMW of Dallas for under $600/month with $0 down and with taxes included...see my post #39 above
(My 4th lease in Dallas, previously a loaded F80 for under $1,000)
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      12-29-2020, 01:03 PM   #90
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Picked up last week:

2021 M340xi
66,005 MSRP
12% off
4K incentives/rebates ($1.5k lease credit, $500 loyalty, $1k OL code for Drive to End Hunger, "extra" year end $1K loyalty)
$54,075 selling price
$2840 down (tax, title, license, doc fees, first month's payment)
5 MSDs down ($3K)

$555/month in MN (36/10k)

Gave an extra "year end $1k loyalty" incentive, so, let the marked up money factor slide that they would not budge on (.00122)....3rd time leasing from this dealership.

Last edited by Luxdev; 12-29-2020 at 01:50 PM..
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      12-29-2020, 01:34 PM   #91
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Quote:
Originally Posted by Luxdev View Post
Picked up last week:

2021 M340xi
66,005 MSRP
12% off
4K incentives/rebates ($2.5k lease credit, $500 loyalty, $1k OL code for Drive to End Hunger, "extra" year end $1K loyalty)
$54,075 selling price
$2840 down (tax, title, license, doc fees, first month's payment)
5 MSDs down ($3K)

$555/month in MN (36/10k)

Gave an extra "year end $1k loyalty" incentive, so, let the marked up money factor slide that they would not budge on (.00122)....3rd time leasing from this dealership.
Nice deal - is this from a MN dealership? There is one that goes to 12% off? Also how did you score $2.5k lease credit incentive?
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      12-29-2020, 01:51 PM   #92
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..sorry abut that, yes, the reg $1.5K lease credit.

Yes, one MN dealer went to 10%, another to 12%.
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      12-29-2020, 01:55 PM   #93
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Quote:
Originally Posted by Luxdev View Post
..sorry abut that, yes, the reg $1.5K lease credit.

Yes, one MN dealer went to 10%, another to 12%.
Amazing. I didn't know they existed in this state. If I can convince the wife to get an X5 I'll have to hit you up
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      12-29-2020, 04:15 PM   #94
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NJ here. I got 11% off MSRP before incentives on a build. Ordered on 12/23.

M340i (RWD)
36/12k
MSRP: $60530
Monthly: $520
DAS: $3800 + 7 MSDs
Incentives: Lease + Loyalty
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      12-29-2020, 08:01 PM   #95
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‘21 M340i RWD
$63k MSRP
36 mo/ 12k
$1500 lease cash (Didn’t have loyalty) + around 10% off MSRP

At Signing: Buy rate MF and Acquisition + First Month/taxes/$500 doc fee

$605/mo pre-tax
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      12-30-2020, 09:21 AM   #96
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What kind of credit score do you guys have?

I searched for months and got NOTHING close to the deals you guys have with a FICO in the 720’s

Traded in a car I was upside down about 1800 on

5k down, 2000 in incentives, payments still come out to 700 monthly (incl tax) on a 3y/30k mile lease

price was 57.5k on a 59k MSRP for a 2021 model I picked up 2 weeks ago

I just can’t understand how some of you are getting cars that cost more with 0down and paying more than 100 a month less
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Last edited by Banana Clipper; 12-30-2020 at 09:27 AM..
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      12-30-2020, 11:37 AM   #97
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Quote:
Originally Posted by Banana Clipper View Post
What kind of credit score do you guys have?

I searched for months and got NOTHING close to the deals you guys have with a FICO in the 720's

Traded in a car I was upside down about 1800 on

5k down, 2000 in incentives, payments still come out to 700 monthly (incl tax) on a 3y/30k mile lease

price was 57.5k on a 59k MSRP for a 2021 model I picked up 2 weeks ago

I just can't understand how some of you are getting cars that cost more with 0down and paying more than 100 a month less
Most people are not getting the deals you see online. It doesn't even mathematically add up a lot of the time . I have a 810 credit score and my payments are $725 a month on a 60k car. I put zero down and no MSD for 12/36.
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      12-30-2020, 12:58 PM   #98
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Quote:
Originally Posted by Banana Clipper View Post
What kind of credit score do you guys have?

I searched for months and got NOTHING close to the deals you guys have with a FICO in the 720’s

Traded in a car I was upside down about 1800 on

5k down, 2000 in incentives, payments still come out to 700 monthly (incl tax) on a 3y/30k mile lease

price was 57.5k on a 59k MSRP for a 2021 model I picked up 2 weeks ago

I just can’t understand how some of you are getting cars that cost more with 0down and paying more than 100 a month less
805 for me. The buy rate MF (Super Elite) was at 775+ FICO when I got mine maybe 3 weeks ago. The biggest thing is the % off MSRP before the incentive. Most dealers in my area were at 7% off without negotiating, you should be able to get 9-10% off
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      12-30-2020, 03:06 PM   #99
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Quote:
Originally Posted by Banana Clipper View Post
What kind of credit score do you guys have?

I searched for months and got NOTHING close to the deals you guys have with a FICO in the 720's

Traded in a car I was upside down about 1800 on

5k down, 2000 in incentives, payments still come out to 700 monthly (incl tax) on a 3y/30k mile lease

price was 57.5k on a 59k MSRP for a 2021 model I picked up 2 weeks ago

I just can't understand how some of you are getting cars that cost more with 0down and paying more than 100 a month less
Quote:
Originally Posted by Banana Clipper View Post
What kind of credit score do you guys have?

I searched for months and got NOTHING close to the deals you guys have with a FICO in the 720's

Traded in a car I was upside down about 1800 on

5k down, 2000 in incentives, payments still come out to 700 monthly (incl tax) on a 3y/30k mile lease

price was 57.5k on a 59k MSRP for a 2021 model I picked up 2 weeks ago

I just can't understand how some of you are getting cars that cost more with 0down and paying more than 100 a month less
2021 M340i xDrive

$67,500 MSRP
10% off Pré-incentive
$3000 in incentives
$500 deposit
$0 drive-off (they used the deposit for cap reduction )
$728/month with all taxes included.
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      12-30-2020, 03:43 PM   #100
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Quote:
Originally Posted by M340Why View Post
805 for me. The buy rate MF (Super Elite) was at 775+ FICO when I got mine maybe 3 weeks ago. The biggest thing is the % off MSRP before the incentive. Most dealers in my area were at 7% off without negotiating, you should be able to get 9-10% off
+1

My credit score is around 820ish. In addition to discount off MSRP, be sure you work with a dealer that doesn’t mark-up the MF.. tons of dealers will offer up a decent discount off MSRP, but then screw you on the back end with a marked up MF. As long as you’re armed with knowledge of the current Lease program numbers (i.e, MF, RV, incentives), you then work off the % discount off msrp. Leasehackr.com has a lease calculator that you can then use to determine what you should be paying.
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      12-30-2020, 06:23 PM   #101
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Quote:
Originally Posted by GD1981 View Post
+1

My credit score is around 820ish. In addition to discount off MSRP, be sure you work with a dealer that doesn’t mark-up the MF.. tons of dealers will offer up a decent discount off MSRP, but then screw you on the back end with a marked up MF. As long as you’re armed with knowledge of the current Lease program numbers (i.e, MF, RV, incentives), you then work off the % discount off msrp. Leasehackr.com has a lease calculator that you can then use to determine what you should be paying.

Yeah, I'll keep this in mind when I return my current lease.

I think I was blinded by several aspects, and ignorant to others, when I took on this lease. Lesson learned.
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      12-30-2020, 09:49 PM   #102
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Leasehakr gives people false hope. You have people there claiming to be paying $500 for fully loaded M340's and will roast you if you pay over $600 because they are only paying 650 for an F80. I only use the calculator to get a general idea of what will be paid but the forums are full of BS
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      12-31-2020, 12:13 AM   #103
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Finally I breathe a sigh of relief. Here I was, crying, because I'm paying $580 for a $51k 330i with zero down and $800 drive off (which included first month's payment) and people were paying less for M340is. Granted I'm near Chicago and discounts here weren't great. I thought I got screwed over big time because my FICO score is excellent too. $650-700/700+ sounds about right for a loaded M340i.
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      12-31-2020, 10:42 AM   #104
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Quote:
Originally Posted by TruthOne View Post
Leasehakr gives people false hope. You have people there claiming to be paying $500 for fully loaded M340's and will roast you if you pay over $600 because they are only paying 650 for an F80. I only use the calculator to get a general idea of what will be paid but the forums are full of BS
Idk about exactly $500 but its realistic to get in the $500’s if you can get 10% off MSRP and theres a $2000 incentive (Lease cash and loyalty). With MSDs and first payment/acquisition you should be able to hit ~$550 on a 36/10

Here's the math

Last edited by M340Why; 12-31-2020 at 10:49 AM..
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      12-31-2020, 10:56 AM   #105
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Quote:
Originally Posted by M340Why View Post
Idk about exactly $500 but its realistic to get in the $500’s if you can get 10% off MSRP and theres a $2000 incentive (Lease cash and loyalty). With MSDs and first payment/acquisition you should be able to hit ~$550 on a 36/10

Here's the math
Definitely if you do MSD's and your car hardly has options but I've seen people saying they pay low to mid 500's with Zero at signing
including NO MSD's on loaded and nearly loaded cars with 68K MSRP's 36/12 some 36/15. That makes no sense especially since the residual is not that good. I saw one person say he got a Demo car and was paying in the low 400s per month lol.
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      12-31-2020, 01:25 PM   #106
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Quote:
Originally Posted by TruthOne View Post
Leasehakr gives people false hope. You have people there claiming to be paying $500 for fully loaded M340's and will roast you if you pay over $600 because they are only paying 650 for an F80. I only use the calculator to get a general idea of what will be paid but the forums are full of BS
I wouldn’t call Leasehackr complete BS as I benefited from it with my wife’s current F30 340i lease. Long story short, at the time when I was shopping an F30 lease, I was perusing some of the deals people were getting on Leasehackr..I ended up pm-ing a leasehackr user that happened to be local to me and he got me in touch with the dealer that I ultimately made the deal with; got a phenominal deal. Fast forward 2 years, and my family and I have been working exclusively with this same dealership on all our BMWs. The dealership happens to be 2 hours away, but they easily beat all my local dealerships in terms of pricing.


All that being said, I do agree that some of the users on Leasehackr can be annoying blowhards...I personally aint the type to shit on anyone’s deal.

Last edited by GD1981; 12-31-2020 at 01:30 PM..
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      01-02-2021, 02:05 PM   #107
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Terrible deals these days. Shopped around 5 or 6 dealers and a broker.
The CA I normally deal with gave me an initial quote which i thought was crazy, but it ended up being the best offer out there.

MSRP 61,495.
36/10 - custom order
7 MSDs
Sale price after incentives 55,300
Monthly payment 649 (includes NYC sales tax of 0.08875%).
Drive off: lease acq fee 925 + DMV fees 300 + 1st month payment = $1,874

Was very tempted to cheap out and get a Q50 300t, they are dirt cheap, was offered a loaded one for $419 a months, with only 1st payment due at drive off plus 9 MSDs.

Why do i keep choosing BMWs?
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      01-02-2021, 04:21 PM   #108
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Quote:
Originally Posted by PK2348 View Post
Terrible deals these days. Shopped around 5 or 6 dealers and a broker.
The CA I normally deal with gave me an initial quote which i thought was crazy, but it ended up being the best offer out there.

MSRP 61,495.
36/10 - custom order
7 MSDs
Sale price after incentives 55,300
Monthly payment 649 (includes NYC sales tax of 0.08875%).
Drive off: lease acq fee 925 + DMV fees 300 + 1st month payment = $1,874

Was very tempted to cheap out and get a Q50 300t, they are dirt cheap, was offered a loaded one for $419 a months, with only 1st payment due at drive off plus 9 MSDs.

Why do i keep choosing BMWs?
Yea, dealers for the most part are real tight with the M340i in terms of discounts.

Good call on not cheaping out and getting the Infiniti...you would’ve regretted it and then understood why consumers choose to pay a few hundred dollars more per month to drive a beemah.
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      01-02-2021, 07:40 PM   #109
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Quote:
Originally Posted by PK2348 View Post
Terrible deals these days. Shopped around 5 or 6 dealers and a broker.
The CA I normally deal with gave me an initial quote which i thought was crazy, but it ended up being the best offer out there.

MSRP 61,495.
36/10 - custom order
7 MSDs
Sale price after incentives 55,300
Monthly payment 649 (includes NYC sales tax of 0.08875%).
Drive off: lease acq fee 925 + DMV fees 300 + 1st month payment = $1,874

Was very tempted to cheap out and get a Q50 300t, they are dirt cheap, was offered a loaded one for $419 a months, with only 1st payment due at drive off plus 9 MSDs.

Why do i keep choosing BMWs?
I came from a Red Sport Q50 and will not go back. Yea they are quick and very tunable but the quality can't compare .. The build quality is not very good and they will get the doors blown off by an M340.
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      01-02-2021, 09:25 PM   #110
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Quote:
Originally Posted by GD1981 View Post
Yea, dealers for the most part are real tight with the M340i in terms of discounts.

Good call on not cheaping out and getting the Infiniti...you would’ve regretted it and then understood why consumers choose to pay a few hundred dollars more per month to drive a beemah.
If you don't mind, could you PM me the dealer and CA info. Maybe I could do better next time around.
Thanks
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