| 04-30-2021, 09:10 PM | #1 |
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Most Affordable BMW lease?
Asking for a friend
Which BMW will have the most affordable and aggressive lease prices (lowest)? I am considering an X1, X2, 228i, or 330i to lease for 36mo/15k (or whichever has cheapest lease). Zip code 92602, Los Angeles, CA |
| 04-30-2021, 09:13 PM | #2 |
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Probably the X1. It would be the most desired in today's market of that list you just made, mainly due to price and practicality (and it's the cheapest BMW you can currently buy new).
My mother has an X1, and for as small as it is, it is actually very nice and extremely easy to live with. |
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| 04-30-2021, 10:42 PM | #3 | |
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OP - If you don't want to do lot of legwork of gathering residuals and incentives, I would start with browsing share a deal section on leasehackr and see what folks have been able to achieve lately. Just know that you're starting at a disadvantage right off the bat because a 15k mile lease has a 3% lower residual than 10k. |
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| 04-30-2021, 11:19 PM | #4 | |
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| 05-01-2021, 02:33 AM | #5 |
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I live in a nearby zip code, prices around here depend on who you talk to. Call up some auto brokers around you and see what kind of numbers they can do. X1/X2 will likely be in the low 400's. You can easily get into a nice 330i for mid 400's, or even a pretty base car for low 400's. Having driven the X1 and X2 for hours on end, the 330i is worth every penny more that it will cost.
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| 05-01-2021, 08:23 AM | #6 |
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I have not driven the 330i, but I have a M340i and my wife has a 2019 X1. They’re clearly aimed at a different audience, but the X1 is a fine car. As someone mentioned, you won’t get the driving experience with it as you would the 3 series but it your looking for nice, useful transportation it is great. I’m surprised how much stuff we’ve been able to fit it in cargo-wise, and we’ve had no issues at all with it. She was also considering the X2, but the X1 won out for its better practicality. I do feel the X2 drive a little more sporty, but it could be in my head as I think most of the drive components are the same.
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| 05-01-2021, 10:10 AM | #7 | |
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| 05-01-2021, 10:45 AM | #8 | |
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| 05-02-2021, 06:00 PM | #9 |
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A Los Angeles area dealer is quoting me $580/mo on a 36 mo/12k mile lease with $0 down. The car only has M sport pkg and leather (those are the only options I care for).
In my opinion that's bull. Not paying that type of money for a 330i. I'm sure other dealers can do better, but if you're curious about a ballpark for a 330i then this is it. The X1, X2, and 2er Gran Coupe will certainly be cheaper, but all three of them suck too. They are appliances not BMWs. I'd recommend taking a look at the Audi A4, C300, and Lexus IS as well. They are not as good as the 330 but would likely be cheaper.
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| 05-03-2021, 11:21 AM | #10 |
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The "cheapest" to lease depends on a few variables, but if you just generally peruse broker listings on leasehackr, it seems currently the 2 series gran coupe has the lowest least figures, followed by the X1.
But again, that depends on a variety of factors (location, timing, etc).
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| 05-03-2021, 11:42 AM | #11 | |
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So, on a 330i M Sport with leather, MSRP $47,175 a good lease payment would be about $470.
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| 05-03-2021, 01:00 PM | #12 | |
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To OP: read up on leasehackr. You should understand how leases are structured, what the current market looks like i.e. typical discounts on X model, base Money Factor for the month (determines finance charge) and any bogus fees to look out for.
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| 05-03-2021, 01:33 PM | #13 | |
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| 05-03-2021, 02:14 PM | #15 |
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OP posted the same question on r/BMW the same day this thread was created and I'm pretty sure they're never coming back to read any of the useful stuff posted here.
Edit : make that +2 on 1% being a really bad way to evaluate a lease deal. |
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| 05-03-2021, 03:09 PM | #16 | ||
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| 05-03-2021, 03:11 PM | #17 | |
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| 05-03-2021, 04:35 PM | #18 | |
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I'm calling shenannigans on the guy that said he got a low $500's w/ $0 down lease on an M340i. That's literally a $10k haircut off the original MSRP on a low-volume sports sedan... Not a chance. |
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| 05-03-2021, 04:42 PM | #19 | |
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| 05-03-2021, 04:50 PM | #20 | |
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How the hell are people getting these cars for so cheap? They must have a trade in or money down of some kind. $0 down + no trade-in? For a brand new 2021 M340i? For low-mid $500's monthly payment? Total BS. Not possible. Some people are lying up a storm. |
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| 05-03-2021, 04:57 PM | #21 | |
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| 05-03-2021, 04:57 PM | #22 | |
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How do I know they're lying? Because that's the suggested price on a lease for my exact spec, and I'm paying way below that per month with $0 down and $0 trade-in.
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So a bottom-of-the-barrel M340i that is (let's be honest) basically used with almost no options and a bunch of incentives.... that would make more sense. If it was a leftover 2020, it probably had a few miles on it too. |
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