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$750 lease credit
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MSRP = $53,670
Offered Price = $48,237 (MSRP - 5% dealer discount - $2,750 incentives)
Taxes = $3,015
Fees = $1,272 ($925 acq + $275 title/reg + $150 doc fee + $78 other)
Cap Cost 52,524
Monthly Lease payment @ .00099 MF = $663
Am I getting a good deal?
The taxes are what hurts any lease deal in TX.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My current lease with BMW is up in in 3 weeks which puts us in Aug. I prefer to find another BMW this month vs risking Aug numbers going up. The cars I want at two dealerships are inbound and not quite on the lot. Expected arrival is ~1st week of August. (FYI, the reason I'm interested in these two dealerships is because I know that have an extra incentive on top of the other incentives available- so I'm more likely to get the deal I want at these two dealers).
1) Is it reasonable to still negotiate a deal on a car that has not arrived yet and finalize the lease (i.e. sign the papers) once the car arrives and that's when I return my current car? Aka, would the dealer be wiling to do that and "hold the car"? Would they need a deposit?
2) Does my negotiating power decrease if the car has not been sitting on the lot and is inbound? (they have it listed on their website, they even sent me the build sheet, etc.)
3) I'm assuming I can't get into another lease without getting out of the existing one...again the issue here is that the new car doesn't arrive for another 3 weeks and I would like to lock down July rates and incentives. If I turn my current car in then I would have a car at all until the new car arrives.
What are my options? Any thoughts? Thanks in advance.
#1: I don't think you can sign a lease in July, for a vehicle they don't have, yet.
But, you should be able to negotiate a deal, with the only variable being the lease program in place in August. I'm sure they would hold the car, in that case.
#2: If the car is their car, and it's inbound, negotiating shouldn't be much different. Of course, when you select "your" car, the dealer sees you as committed.
Of course, your best negotiating position would be to bargain on a car they have right now, and be willing to take delivery by 08/02/20 (then end of the current program)
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Perfect scenario would be if the August lease program and all of the incentives remained the same.
1) In your expert opinion and experience, how much do rates fluctuate month to month? what are the chances that rates will stay the same or perhaps be slightly better?...or MF rate go up..
2) Do incentives change month to month? do they change quarterly? Aka, the $2000 loyalty and $750 lease credit available this month...is there a big possibility those would decrease in Aug?
3) What is the exact last day of the July lease program? July 31?
Thanks!
.00099 MF and 59% residual
$750 lease credit
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1) My expert opinion has been wrong so often in the past, that I don't guess.
2) New programs every month. Sometimes they change, sometimes they don't.
3) Last day is August 2nd
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#1 You can sign another lease while still on your current lease, this happens all the time.
#2 I feel you still could get an awesome deal on the car that is inbound. But as an example, the deal that I posted, I got a car with more equipment than what I wanted to order for less... Use as leverage..
#3 You can lock in your rate now for a car that inbound since the dealer can get the VIN of the car. This happens all the time when people would order a car OR did a European Delivery.
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Adjusted residual is to minus (Mileage-500)*0.25, so make sure the extra discount at least cover this portion of depreciation
If possible MF and Residual on X1 10k/36, 12k/36, Incentives? - ZIP 93063
I currently lease and it will end Aug 8.
330: .00099 MF and 58% residual
$750 lease credit
Please post X1 requests, here:
https://forums.edmunds.com/discussion/58301/bmw/x1/2020-bmw-x1-lease-deals-and-prices#latest
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Can I please get the MF, RV, and any incentives for a 2020 330i in ZIP 94085 (36 months/12,000 miles per year, loaner with 4280 miles and the MSRP is 48600)?
Thanks for the report.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$750 lease credit
MF is marked up.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2020 BMW 330i 36/10K
Thank you!
$750 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $60,645
Discount: $4,852
Rebates/Credits: $3,000
Fees (Acquisition/Doc fee/Tag/Title/Tax): $1,581
Adjusted Cap: $54,374
Down payment: $0
Payment quoted for 36-month/12,000mi: $647.55
The MF quoted appears to be high if my math is right so will push to get to .00099 but otherwise need feedback if this is a decent deal. FYI, there are very few 2020 340's left in this area. Thanks.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you!
$750 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for 36/12 or 24/12.
Thanks!
$750 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Im looking at a $51K MSRP 330i which was used as a service loaner and has 2000 miles on it. Are you saying that I should expect a 15-18% discount plus any current bmw discounts?
ps: Are service loaners a bad idea? I hate the idea of misaligned wheels because some guy decided not to slow down over train tracks when using the loaner.
-Nad
Service loaners are serviced regularly. We've had two of them, and no problems.
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Could you please share the MF, residuals and any incentives for a 330i xdrive for 36/12 in 07081. Thank you.
$750 lease credit
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Now one thing you need to know about them is, the warranty has been started on them on the date they went into service. So let's say the car went into service with the dealership on 2-1-2020 that is when the warranty stated on the car. I would lease another one in a heartbeat, they are great deals, some people don't want lease a "used" car and they stay away from them.
$750 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for a little advice on this. I am looking at a 2020 BMW 3 Series 330i xDrive AWD.
MSRP: 53,145
Dealer is asking $42,524 (Not to lease but to purchase)
There is nearly 5,000 (4,800 area) and has been sitting on the lot for nearly 180 days.
I'm looking to lease the car at 36 months, 12,000 miles. I feel like asking for the $42,524 is not that far fetched. Am I wrong? What should I be targeting in this case?
Appreciate any help!
At a minimum, you want 15-18% off MSRP due to the mileage.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
One more thing, are there other percentage goals to be targeting for similar cars based on milage? I'm assuming there is no standard to this but, instead I'm just trying to confirm that offers that I submit are not already unobtainable by going to low or not low enough:
5,000 - 4,000 Miles: 18% - 15% off MSRP
4,000 - 3,000 Miles: 15% - 12% off MSRP
3,000 - 2,000 Miles: 12% - 9% off MSRP
2,000 - 1,000 Miles: 9% - 6% off MSRP
Under 1,000 Miles: 6% Off MSRP
Thoughts? Thanks again for all the help.
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$750 lease credit
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
May I please have the August MF, residual, and incentives for a 2020 BMW 330i series X drive, 24 month and 36 month, 10k, Zip code is 11101 when available.
Thank you!
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I decided to visit the dealer today and test drive the car. Love it. I presented my offer to them and naturally, they didn't accept it. I was not surprised. If there is anything I have learned from this process, is that they accept the base figures (money factor & residual) however, they disagree on selling price of the vehicle.
They outlined:
MSRP: 53,145
Adjusted Price: 45,269
That's only 14.82% off of the MSRP and apparently that includes the rebate of $1,750. They aren't moving any lower as of right now. Shouldn't I be targeting the 15% - 18% off the MSRP before the rebates? Just looking for clarification. Should I just wait until Tuesday for the updated monthly rebates?
Thanks again everyone for all the assistance!