BMW X5 Lease Numbers, NY State--Where Can I Save?

godzukidmgodzukidm Member Posts: 6
edited May 2018 in BMW
MSRP 66,445
Term 36 months 10,000/yr
Residual 59% Factor .00166
Selling price 62,290
Cap Cost 62,922
Out of pocket 2218.02
Monthly 828.43
Mv fee 60
Inspec 10
Initial fees 1070
Dispo 350
 Where can I save?
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  • godzukidmgodzukidm Member Posts: 6
    Thanks in advance 
  • godzukidmgodzukidm Member Posts: 6
    Is that total $4000 including my 1600 off, or $5600? 
  • kyfdxkyfdx Moderator Posts: 197,487
    godzukidm said:

    Is that total $4000 including my 1600 off, or $5600? 

    $4000 total, before deducting the $1000 incentive.

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  • godzukidmgodzukidm Member Posts: 6
    How do you nicely negotiate $4000 reduction? Also, where do you see the $1000 incentive? Thx just trying to figure out the numbers. I have an appointment with sales on saturday. Lol, feel like I’m going in some kind of date, nervous. 
  • kyfdxkyfdx Moderator Posts: 197,487
    godzukidm said:

    How do you nicely negotiate $4000 reduction? Also, where do you see the $1000 incentive? Thx just trying to figure out the numbers. I have an appointment with sales on saturday. Lol, feel like I’m going in some kind of date, nervous. 

    The $1000 is a consumer rebate, so you can probably find it on the BMW website.

    You negotiate a discount on a lease, just like you do on a purchase. Wait for them to quote a number, then counter.

    Edmunds Price Checker
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  • godzukidmgodzukidm Member Posts: 6
    Thx, just did that and I got the following, 

    msrp 66,445
    745/month 2336 due at signing taxes included in that monthly. 36 months 10,000

    $9800 in discounts. 

    Is this better?
  • godzukidmgodzukidm Member Posts: 6
    Your the best, but I think you knew that already. What gives you the incentive to help so many people, it’s really admirable. Thx for all your help.
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