2018 x5 35i is this good deal?

dilarad

Hello i leased 2018 x5 35i awd with leather sits and premium package initial msrp was $63,335.00 sale price cost $57,904 . With 3500$ out of pocket and 700 montly payments 36/12 ml. Did i do good or could have done better

kyfdx

dilarad said:

Hello i leased 2018 x5 35i awd with leather sits and premium package initial msrp was $63,335.00 sale price cost $57,904 . With 3500$ out of pocket and 700 montly payments 36/12 ml. Did i do good or could have done better

What state and tax rate?

dilarad

New jersey. Total taxes says 1824.10$

dilarad

Does this make more senses just want to know if i got good deal or had room to negotiate more ?

kyfdx

dilarad said:

Does this make more senses just want to know if i got good deal or had room to negotiate more ?

So.. your $3500 is:
$925 acquisition fee
$700 1st payment
$913.88 CAP reduction

That leaves us $961 short of the $3500.
DMV and dealer fees?
Do you have another doc that shows the breakdown of the $3500?

Other than accounting for where that $961 went, it looks like a decent deal. The monthly payment calculation is correct, with the base money factor.

dilarad

Ill check if there is breakdown. Could i have done it better ?

dilarad

Whats is cap reduction. There is breakdown on
Intial title fee $60. Initial reg fee 244 supp.title fee 231 and nj tire doc fee 425 i believe comes to 961

kyfdx

Yup... for some reason, the middle document didn’t load, when I first looked at it. The numbers all add up, and other than a $425 doc fee, nothing added or marked up.

You can always counter with a lower selling price, and see what happens, but this looks like a reasonable deal

dilarad

Hmm i thought i got a steal

dilarad

Could i have gotten x6. For that price with 3500 out of pocket and 700 a month ?

kyfdx

dilarad said:

Could i have gotten x6. For that price with 3500 out of pocket and 700 a month ?

No idea