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2016 535GT X-Drive Demo Lease Offer

maxtan95maxtan95 Posts: 1
edited May 2016 in BMW
My local dealer is running this promo. Is this a good deal?

Demo Lease Offer

Demo Miles 6,328

$499 for 36 Months

Luxury Line/Automatic/Touch Pad Navigation/Premium Package/Cold Weather/Hands-Free BlueTooth/Driver Assistance

Monthly leases of $499 for 36 months
MSRP $72,770.00
total lease payments are $17,964.00
$2995 Down, Excludes tax, title, license, inception, bank fee and registration fees, 1st Month Payment.
At lease end, lessee will be liable for disposition fee ($350.00),
excess mileage charges of $0.25 per mile for miles driven in excess of 30,000 miles.
Based on 10,000 miles per year.
Lease End Residual $45,115.00

Current sale price $63,998

Answers

  • kyfdxkyfdx Posts: 128,440
    maxtan95 said:

    My local dealer is running this promo. Is this a good deal?

    Demo Lease Offer

    Demo Miles 6,328

    $499 for 36 Months

    Luxury Line/Automatic/Touch Pad Navigation/Premium Package/Cold Weather/Hands-Free BlueTooth/Driver Assistance

    Monthly leases of $499 for 36 months
    MSRP $72,770.00
    total lease payments are $17,964.00
    $2995 Down, Excludes tax, title, license, inception, bank fee and registration fees, 1st Month Payment.
    At lease end, lessee will be liable for disposition fee ($350.00),
    excess mileage charges of $0.25 per mile for miles driven in excess of 30,000 miles.
    Based on 10,000 miles per year.
    Lease End Residual $45,115.00

    Current sale price $63,998

    .00138 MF and 64% residual (less $1500 or so for the current mileage).

    Must be a lower sale price than what they've listed. With a $3000 CAP reduction, it is still around $589/mo., given those parameters.

    Be aware, all of those exclusions can add up to a lot of money.
    Also, the 535GT is a car almost no one wants. Which is great, if it's the one you want.

    If the deal is accurate, it's a really low price, but by the time you roll the $3000 back in, plus add the $925 acquisition fee, the payment is more like $620/mo.+tax. Which is a good deal on a $72K car with only 1st payment and registration upfront.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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