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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum Is a $5k down, $823/mo a good lease deal for a fully loaded M340i?

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      06-18-2020, 01:27 PM   #1
Cortexiphan
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Is a $5k down, $823/mo a good lease deal for a fully loaded M340i?

Fully loaded tanzanite blue M340i

MSRP: $68725
https://www.bmwusa.com/build-your-ow...zey7dn/summary

36 month lease payment of $823/mo plus tax ($875) with $5k due

I’m in Boston area. Yay or nay?
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      06-18-2020, 01:40 PM   #2
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Quote:
Originally Posted by Cortexiphan View Post
Fully loaded tanzanite blue M340i

MSRP: $68725
https://www.bmwusa.com/build-your-ow...zey7dn/summary

36 month lease payment of $823/mo plus tax ($875) with $5k due

I’m in Boston area. Yay or nay?
$875 with $5k down is a bit much IMHO. Why not put the 5k towards MSDs?
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      06-18-2020, 01:50 PM   #3
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Right now supply is tight so deals are a bit harder to come by. That being said, I do not think this is a good deal.

Also we really need more info to assess properly. Mileage? What is the MF? What incentives do you qualify for? What is the pre-incentive discount? Are you rolling in negative equity or other payments?
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      06-18-2020, 02:47 PM   #4
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Quote:
Originally Posted by mf44 View Post
Right now supply is tight so deals are a bit harder to come by. That being said, I do not think this is a good deal.

Also we really need more info to assess properly. Mileage? What is the MF? What incentives do you qualify for? What is the pre-incentive discount? Are you rolling in negative equity or other payments?
It's brand new. I've been told they can't give better deals because there are very limited allocations at this time.
Maybe it's a better idea to wait for a little bit.
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      06-18-2020, 03:12 PM   #5
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Quote:
Originally Posted by Cortexiphan View Post
It's brand new. I've been told they can't give better deals because there are very limited allocations at this time.
Maybe it's a better idea to wait for a little bit.
Yes, if you don't need it immediately, you will definitely have better deals as inventory is replenished. How long that will take, though, is unknown. You can see my replies further down in this thread to get some more info.

And, more importantly, you should spend the time waiting to become familiar with the various components of a lease, as that's really the only way to properly assess a deal. Just basing it off of payment is going to lead you astray very quickly. For instance, when I say mileage, I don't mean of the car, I mean of the lease...
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      06-18-2020, 03:16 PM   #6
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That must be with almost zero discount. You should be a lot closer to $700 a month for a 10k a year lease.
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      06-18-2020, 03:54 PM   #7
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If you can be patient do not sign that deal. You can lease an 85k X3M Comp for the same or better. Also don’t ever put money down on a lease. Terrible idea.
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      06-18-2020, 04:51 PM   #8
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That's M4C money, run. I wouldn't lease an X3MC for that much either.


PS. Here's an excellent broker, I can vouch for:

https://www.baconscarconcierge.com/bcc-lease-specials
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      06-18-2020, 05:06 PM   #9
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nooooo bad deal.
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      06-18-2020, 05:07 PM   #10
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Not to be rude but that's an atrocious deal. If you can provide more details we can let you know where exactly the deal is going wrong.

My M340i is roughly similarly priced as yours, and I'm paying $656/month at 12k miles/yr
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      06-18-2020, 06:34 PM   #11
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Yes, I'm not signing it...

The same dealer has mid $600s deals for M340i's that are in stock. I guess BTO is expensive at this point.

Thank you for all the input!
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      06-18-2020, 08:25 PM   #12
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Yea bad deal. I pay 800 with Zero Down and 69k sticker
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      06-18-2020, 10:23 PM   #13
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Turrrrrrible deal. Good decision to not sign.
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