2020 BMW X7 Lease Deals and Prices

markeee1999 · May 2020

Would you please provide the MF, Residual, and incentives for the 2020 X7 X40i, lease 36/15 in 63005 ? Thanks in advance...

kyfdx · May 2020

markeee1999 said:
Would you please provide the MF, Residual, and incentives for the 2020 X7 X40i, lease 36/15 in 63005 ? Thanks in advance...

.00118 MF and 53% residual

schlmeil · May 2020

hi there - hoping for MF/RV/incentives (including Fleet) for 2020 BMW X7 40i 36/7,500 in Phoenix, AZ 85018.

kyfdx · May 2020

schlmeil said:
hi there - hoping for MF/RV/incentives (including Fleet) for 2020 BMW X7 40i 36/7,500 in Phoenix, AZ 85018.

.00118 MF and 57% residual
No lease incentives

No info on fleet

patgilm · May 2020

Can I get the residual, MF and any lease incentives for a X7 40i and 50i for 12k/36 term in zip code 21114?

Thanks!

patgilm · May 2020

patgilm said:
Can I get the residual, MF and any lease incentives for a X7 40i and 50i for 12k/36 term in zip code 21114?

Thanks!

Sorry, I didn't realize the M50i was different, can I also get the same info for the M50i too?

Michaell · May 2020

patgilm said:

patgilm said:
Can I get the residual, MF and any lease incentives for a X7 40i and 50i for 12k/36 term in zip code 21114?

Thanks!
Sorry, I didn't realize the M50i was different, can I also get the same info for the M50i too?

.00118 and 55%
$1000 lease credit on 50i or M50i only

ArtofWar347 · May 2020

Going to present this to my dealer tomorrow, fair deal for X7 40i for 12K/36?

Sticker price (MSRP) of the car = $92,845
Residual value 55% = $51,064.75
Negotiated selling price of car = $81,704
DMV and dealer fees = $1,300
Gross capitalized cost =$83,004
Incentives $500 lease + 1K Loyalty = ($1,500)
Adjusted capitalized cost = $81,504
Depreciation amount. = $30,438.85
Base payment. =$845.52
Monthly MF .00118. =$96.17
Base payment without NJ Sales Tax = $941.70
Total lease payment with NJ Sale Tax = $1,004.09

Michaell · May 2020

ArtofWar347 said:
Going to present this to my dealer tomorrow, fair deal for X7 40i for 12K/36?

Sticker price (MSRP) of the car = $92,845
Residual value 55% = $51,064.75
Negotiated selling price of car = $81,704
DMV and dealer fees = $1,300
Gross capitalized cost =$83,004
Incentives $500 lease + 1K Loyalty = ($1,500)
Adjusted capitalized cost = $81,504
Depreciation amount. = $30,438.85
Base payment. =$845.52
Monthly MF .00118. =$96.17
Base payment without NJ Sales Tax = $941.70
Total lease payment with NJ Sale Tax = $1,004.09

I don't see the $925 acquisition fee in those numbers.

ArtofWar347 · May 2020

Michaell said:

ArtofWar347 said:
Going to present this to my dealer tomorrow, fair deal for X7 40i for 12K/36?

Sticker price (MSRP) of the car = $92,845
Residual value 55% = $51,064.75
Negotiated selling price of car = $81,704
DMV and dealer fees = $1,300
Gross capitalized cost =$83,004
Incentives $500 lease + 1K Loyalty = ($1,500)
Adjusted capitalized cost = $81,504
Depreciation amount. = $30,438.85
Base payment. =$845.52
Monthly MF .00118. =$96.17
Base payment without NJ Sales Tax = $941.70
Total lease payment with NJ Sale Tax = $1,004.09
I don't see the $925 acquisition fee in those numbers.

By mistake I put the acquisition fee in the MSRP. I made the correction.

Sticker price (MSRP) of the car = $91,850
Residual value 55% = $50,517.50
Negotiated selling price of car = $80,828
Title & Registration Fees ($1,300) + Acquisition ($925) = $2,225
Gross capitalized cost = $83,053
Incentives $500 lease + 1K Loyalty = ($1,500)
Adjusted capitalized cost = $81,553
Depreciation amount = $31,035.50
Base payment = $862.10
Monthly MF .00118 = $96.23
Base lease payment without NJ Tax = $958.33
Total lease payment with NJ Tax = $1,021.82

This is what I am going to present to the dealer as my offer, can I do better?

Michaell · May 2020

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
Going to present this to my dealer tomorrow, fair deal for X7 40i for 12K/36?

Sticker price (MSRP) of the car = $92,845
Residual value 55% = $51,064.75
Negotiated selling price of car = $81,704
DMV and dealer fees = $1,300
Gross capitalized cost =$83,004
Incentives $500 lease + 1K Loyalty = ($1,500)
Adjusted capitalized cost = $81,504
Depreciation amount. = $30,438.85
Base payment. =$845.52
Monthly MF .00118. =$96.17
Base payment without NJ Sales Tax = $941.70
Total lease payment with NJ Sale Tax = $1,004.09
I don't see the $925 acquisition fee in those numbers.
By mistake I put the acquisition fee in the MSRP. I made the correction.

Sticker price (MSRP) of the car = $91,850
Residual value 55% = $50,517.50
Negotiated selling price of car = $80,828
Title & Registration Fees ($1,300) + Acquisition ($925) = $2,225
Gross capitalized cost = $83,053
Incentives $500 lease + 1K Loyalty = ($1,500)
Adjusted capitalized cost = $81,553
Depreciation amount = $31,035.50
Base payment = $862.10
Monthly MF .00118 = $96.23
Base lease payment without NJ Tax = $958.33
Total lease payment with NJ Tax = $1,021.82

This is what I am going to present to the dealer as my offer, can I do better?

I get $1018/mo with your numbers.

I think your rent charge calculation is wrong - my calculator shows $155.84/mo for that.

(81,553 + 50,517.50) * .00118

ArtofWar347 · May 2020

The deal countered with 6% off MSRP. Monthly payments from the dealer is 1,320 monthly for 12K/36.

I am not get that same amount from my spreadsheet. Not sure how the dealer got 2,913.65 in NJ Sales tax.

Sticker price (MSRP) of the car = $92,845
Times the residual value percentage = 0.55
Residual value = $51,064.75
Negotiated selling price of car = $87,274
Fees (Gov't + Doc + Reg + Tire + Supl Title + Acq + Window) = $3,148
Gross Capitalized Cost = $90,423
Incentives = ($1,500)
Down payment = $0
Adjusted capitalized cost (ACC) = $88,923
Depreciation amount (DP) = $37,857.75
Base payment. = $1,051.60
MF Charge (ACC + DA)* .00118 = $149.60
Lease payment w/o Tax = $1,201.20
Total lease payment with Tax = $1,280.78 vs $1,320 from dealer.

List for Fees

Window Edge = 199.00
Gov't Fee = 665.60
Doc Fee = 699.00
Reg Fee = 304.50
Tire Fee = 6.00
Supl Title = 349.10
Acquisition fee = 925.00
Total Fees = 3,148.20

This does not seem like a great deal.

kyfdx · May 2020

ArtofWar347 said:
The deal countered with 6% off MSRP. Monthly payments from the dealer is 1,320 monthly for 12K/36.

I am not get that same amount from my spreadsheet. Not sure how the dealer got 2,913.65 in NJ Sales tax.

Sticker price (MSRP) of the car = $92,845
Times the residual value percentage = 0.55
Residual value = $51,064.75
Negotiated selling price of car = $87,274
Fees (Gov't + Doc + Reg + Tire + Supl Title + Acq + Window) = $3,148
Gross Capitalized Cost = $90,423
Incentives = ($1,500)
Down payment = $0
Adjusted capitalized cost (ACC) = $88,923
Depreciation amount (DP) = $37,857.75
Base payment. = $1,051.60
MF Charge (ACC + DA)* .00118 = $149.60
Lease payment w/o Tax = $1,201.20
Total lease payment with Tax = $1,280.78 vs $1,320 from dealer.

List for Fees
Window Edge = 199.00
Gov't Fee = 665.60
Doc Fee = 699.00
Reg Fee = 304.50
Tire Fee = 6.00
Supl Title = 349.10
Acquisition fee = 925.00
Total Fees = 3,148.20
This does not seem like a great deal.

It seems average.

Sales tax in NJ is collected upfront. To properly calculate the payment, add the tax amount to the adjusted CAP, before calculating the payment. Then, no need to add it later.

Did the dealer verify the MF being used?

ArtofWar347 · May 2020

kyfdx said:

ArtofWar347 said:
The deal countered with 6% off MSRP. Monthly payments from the dealer is 1,320 monthly for 12K/36.

I am not get that same amount from my spreadsheet. Not sure how the dealer got 2,913.65 in NJ Sales tax.

Sticker price (MSRP) of the car = $92,845
Times the residual value percentage = 0.55
Residual value = $51,064.75
Negotiated selling price of car = $87,274
Fees (Gov't + Doc + Reg + Tire + Supl Title + Acq + Window) = $3,148
Gross Capitalized Cost = $90,423
Incentives = ($1,500)
Down payment = $0
Adjusted capitalized cost (ACC) = $88,923
Depreciation amount (DP) = $37,857.75
Base payment. = $1,051.60
MF Charge (ACC + DA)* .00118 = $149.60
Lease payment w/o Tax = $1,201.20
Total lease payment with Tax = $1,280.78 vs $1,320 from dealer.

List for Fees
Window Edge = 199.00
Gov't Fee = 665.60
Doc Fee = 699.00
Reg Fee = 304.50
Tire Fee = 6.00
Supl Title = 349.10
Acquisition fee = 925.00
Total Fees = 3,148.20
This does not seem like a great deal.
It seems average.

Sales tax in NJ is collected upfront. To properly calculate the payment, add the tax amount to the adjusted CAP, before calculating the payment. Then, no need to add it later.

Did the dealer verify the MF being used?

@kyfdx - the MF is correct. The dealership sent me screenshots of all their inputs. Is Sale Tax calculated based on depreciation + fee + incentive, correct?

Michaell · May 2020

ArtofWar347 said:

kyfdx said:

ArtofWar347 said:
The deal countered with 6% off MSRP. Monthly payments from the dealer is 1,320 monthly for 12K/36.

I am not get that same amount from my spreadsheet. Not sure how the dealer got 2,913.65 in NJ Sales tax.

Sticker price (MSRP) of the car = $92,845
Times the residual value percentage = 0.55
Residual value = $51,064.75
Negotiated selling price of car = $87,274
Fees (Gov't + Doc + Reg + Tire + Supl Title + Acq + Window) = $3,148
Gross Capitalized Cost = $90,423
Incentives = ($1,500)
Down payment = $0
Adjusted capitalized cost (ACC) = $88,923
Depreciation amount (DP) = $37,857.75
Base payment. = $1,051.60
MF Charge (ACC + DA)* .00118 = $149.60
Lease payment w/o Tax = $1,201.20
Total lease payment with Tax = $1,280.78 vs $1,320 from dealer.

List for Fees
Window Edge = 199.00
Gov't Fee = 665.60
Doc Fee = 699.00
Reg Fee = 304.50
Tire Fee = 6.00
Supl Title = 349.10
Acquisition fee = 925.00
Total Fees = 3,148.20
This does not seem like a great deal.
It seems average.

Sales tax in NJ is collected upfront. To properly calculate the payment, add the tax amount to the adjusted CAP, before calculating the payment. Then, no need to add it later.

Did the dealer verify the MF being used?
@kyfdx - the MF is correct. The dealership sent me screenshots of all their inputs. Is Sale Tax calculated based on depreciation + fee + incentive, correct?

The sales tax is calculated against the sum of the payments (depreciation + rent charge), plus any taxable fees like the dealer fee and acquisition fee. Incentives are also taxed.

ArtofWar347 · May 2020

I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93

Thoughts?

Michaell · May 2020

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?

If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.

ArtofWar347 · May 2020

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.

I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.

Michaell · May 2020

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.

If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.

caltman · May 2020

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?

ArtofWar347,

I just PM'd you. Are you aware of the lease loyalty program this month with BMW where they make your 1st two payments of your new lease? On the X7, it's up to $1,250/mo. Your profile looks like you have an M3. If so, you'd qualify for it. So, if you kept the current deal you have, your DAS (Due At Signing) would drop to $2,396-1,167=$1,229 (BMWFS kicks in the first payment). Then with two payments of $1,167 free, that's $2,334/36mo = $62/mo, so your effective payment would be around $1100/mo. Still think you can get lower than that tho...

https://www.bmwusa.com/special-offers-from-bmw.html?modal=important-information

koby14 · May 2020

I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?

Michaell · May 2020

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?

Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/

ArtofWar347 · May 2020

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.
If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.

After I pointed out the sale tax was to high, the dealer confirmed there was an error in the sale tax calculation. Here are the corrected terms, going to sign the paperwork this Friday.

Sticker price (MSRP) of the car = $92,850
Times the residual value percentage = 0.55
Residual value = $51,064.71
Negotiated selling price of car =$84,029
Dealer Fees = upfront
Acquisition fee = 925.00
Gross Capitalized Cost = $84,954
Capitalized Cost Reduction (Incentives + Down Payment) = ($1,500)
Adjusted capitalized cost (ACC) = $83,454
Depreciation amount (DP) = $32,389.54
Lease payment w/o Tax = $1,058.44
Total lease payment with Tax = $1,137.90

If I factor in the BMW two Statement credits, my lease payments will be $999.64 or $1,074.68.

Thank-you to everyone for all your input.

Michaell · May 2020

ArtofWar347 said:

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.
If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.
After I pointed out the sale tax was to high, the dealer confirmed there was an error in the sale tax calculation. Here are the corrected terms, going to sign the paperwork this Friday.
Sticker price (MSRP) of the car = $92,850
Times the residual value percentage = 0.55
Residual value = $51,064.71
Negotiated selling price of car =$84,029
Dealer Fees = upfront
Acquisition fee = 925.00
Gross Capitalized Cost = $84,954
Capitalized Cost Reduction (Incentives + Down Payment) = ($1,500)
Adjusted capitalized cost (ACC) = $83,454
Depreciation amount (DP) = $32,389.54
Lease payment w/o Tax = $1,058.44
Total lease payment with Tax = $1,137.90
If I factor in the BMW two Statement credits, my lease payments will be $999.64 or $1,074.68.

Thank-you to everyone for all your input.

Did you sign for this deal?

ArtofWar347 · May 2020

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.
If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.
After I pointed out the sale tax was to high, the dealer confirmed there was an error in the sale tax calculation. Here are the corrected terms, going to sign the paperwork this Friday.
Sticker price (MSRP) of the car = $92,850
Times the residual value percentage = 0.55
Residual value = $51,064.71
Negotiated selling price of car =$84,029
Dealer Fees = upfront
Acquisition fee = 925.00
Gross Capitalized Cost = $84,954
Capitalized Cost Reduction (Incentives + Down Payment) = ($1,500)
Adjusted capitalized cost (ACC) = $83,454
Depreciation amount (DP) = $32,389.54
Lease payment w/o Tax = $1,058.44
Total lease payment with Tax = $1,137.90
If I factor in the BMW two Statement credits, my lease payments will be $999.64 or $1,074.68.

Thank-you to everyone for all your input.
Did you sign for this deal?
Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.
If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.
After I pointed out the sale tax was to high, the dealer confirmed there was an error in the sale tax calculation. Here are the corrected terms, going to sign the paperwork this Friday.
Sticker price (MSRP) of the car = $92,850
Times the residual value percentage = 0.55
Residual value = $51,064.71
Negotiated selling price of car =$84,029
Dealer Fees = upfront
Acquisition fee = 925.00
Gross Capitalized Cost = $84,954
Capitalized Cost Reduction (Incentives + Down Payment) = ($1,500)
Adjusted capitalized cost (ACC) = $83,454
Depreciation amount (DP) = $32,389.54
Lease payment w/o Tax = $1,058.44
Total lease payment with Tax = $1,137.90
If I factor in the BMW two Statement credits, my lease payments will be $999.64 or $1,074.68.

Thank-you to everyone for all your input.
Did you sign for this deal?
@Michaell - not yet. Anything missing?

Michaell · May 2020

ArtofWar347 said:

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.
If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.
After I pointed out the sale tax was to high, the dealer confirmed there was an error in the sale tax calculation. Here are the corrected terms, going to sign the paperwork this Friday.
Sticker price (MSRP) of the car = $92,850
Times the residual value percentage = 0.55
Residual value = $51,064.71
Negotiated selling price of car =$84,029
Dealer Fees = upfront
Acquisition fee = 925.00
Gross Capitalized Cost = $84,954
Capitalized Cost Reduction (Incentives + Down Payment) = ($1,500)
Adjusted capitalized cost (ACC) = $83,454
Depreciation amount (DP) = $32,389.54
Lease payment w/o Tax = $1,058.44
Total lease payment with Tax = $1,137.90
If I factor in the BMW two Statement credits, my lease payments will be $999.64 or $1,074.68.

Thank-you to everyone for all your input.
Did you sign for this deal?
Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:

Michaell said:

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?
If I add the acquisition fee to the selling price, and use .00118 and 55%, I get $1058/mo

Confirm the MF and the adjusted cap cost the dealer is using for their quote.
I'll check with the dealer. Btw, I forgot to mention I am rolling in NJ Sales tax $3,720.67 (103.35 per month) which is reflected in the 1,166.93.
If that's the case, then I am within $1 of the dealer quote.

Looks pretty good, to be honest.

Have you considered using MSDs to buy down the MF? $8400 of up front money would reduce the MF to .00083, and the payment drops to about $1118/mo. You'll save almost $1800 over the life of the lease, which works out to about a 7% return on the money. And, you'll get the $8400 back when the lease is over.
After I pointed out the sale tax was to high, the dealer confirmed there was an error in the sale tax calculation. Here are the corrected terms, going to sign the paperwork this Friday.
Sticker price (MSRP) of the car = $92,850
Times the residual value percentage = 0.55
Residual value = $51,064.71
Negotiated selling price of car =$84,029
Dealer Fees = upfront
Acquisition fee = 925.00
Gross Capitalized Cost = $84,954
Capitalized Cost Reduction (Incentives + Down Payment) = ($1,500)
Adjusted capitalized cost (ACC) = $83,454
Depreciation amount (DP) = $32,389.54
Lease payment w/o Tax = $1,058.44
Total lease payment with Tax = $1,137.90
If I factor in the BMW two Statement credits, my lease payments will be $999.64 or $1,074.68.

Thank-you to everyone for all your input.
Did you sign for this deal?
@Michaell - not yet. Anything missing?
My calculations are within a dime of yours; nothing out of the ordinary that I see.

koby14 · May 2020

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/

The adjusted cap cost is $68791

Michaell · May 2020

koby14 said:

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/
The adjusted cap cost is $68791

From that, I conclude the MF is marked up, even though you say it isn't; that cap cost would result in a payment of $857/mo.

Can you obtain a copy of the lease worksheet from the dealer?

koby14 · May 2020

Michaell said:

koby14 said:

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/
The adjusted cap cost is $68791
From that, I conclude the MF is marked up, even though you say it isn't; that cap cost would result in a payment of $857/mo.

Can you obtain a copy of the lease worksheet from the dealer?

I also get 857, but was assuming that was pretax. I guess the adjusted cap cost should include tax so you are probably right. I have asked for the lease worksheet. Will revert.

Michaell · May 2020

koby14 said:

Michaell said:

koby14 said:

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/
The adjusted cap cost is $68791
From that, I conclude the MF is marked up, even though you say it isn't; that cap cost would result in a payment of $857/mo.

Can you obtain a copy of the lease worksheet from the dealer?
I also get 857, but was assuming that was pretax. I guess the adjusted cap cost should include tax so you are probably right. I have asked for the lease worksheet. Will revert.

The adjusted cap cost should include everything you aren't paying up front (taxes, fees, etc.).

FYI, in NY we recommend you pay the sales tax up front, when you sign the paperwork. Through a quirk in NY laws for sales tax, if you add the tax to the cap cost, it gets taxed again.

koby14 · May 2020

Michaell said:

koby14 said:

Michaell said:

koby14 said:

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/
The adjusted cap cost is $68791
From that, I conclude the MF is marked up, even though you say it isn't; that cap cost would result in a payment of $857/mo.

Can you obtain a copy of the lease worksheet from the dealer?
I also get 857, but was assuming that was pretax. I guess the adjusted cap cost should include tax so you are probably right. I have asked for the lease worksheet. Will revert.
The adjusted cap cost should include everything you aren't paying up front (taxes, fees, etc.).

FYI, in NY we recommend you pay the sales tax up front, when you sign the paperwork. Through a quirk in NY laws for sales tax, if you add the tax to the cap cost, it gets taxed again.

So dealer gave the number pre-tax. so $68791 is selling price, while adj cap cost is $73026 (acq/cap adds of $1060 and tax of $3175). What do you think of the deal?

Michaell · May 2020

koby14 said:

Michaell said:

koby14 said:

Michaell said:

koby14 said:

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/
The adjusted cap cost is $68791
From that, I conclude the MF is marked up, even though you say it isn't; that cap cost would result in a payment of $857/mo.

Can you obtain a copy of the lease worksheet from the dealer?
I also get 857, but was assuming that was pretax. I guess the adjusted cap cost should include tax so you are probably right. I have asked for the lease worksheet. Will revert.
The adjusted cap cost should include everything you aren't paying up front (taxes, fees, etc.).

FYI, in NY we recommend you pay the sales tax up front, when you sign the paperwork. Through a quirk in NY laws for sales tax, if you add the tax to the cap cost, it gets taxed again.
So dealer gave the number pre-tax. so $68791 is selling price, while adj cap cost is $73026 (acq/cap adds of $1060 and tax of $3175). What do you think of the deal?

Only $500 or so higher than what I thought the adjusted cap would need to be, to get the quoted payment.

If you're happy with the discount from sticker, I don't see anything wrong with the deal.

Just an average program on an expensive car.

koby14 · May 2020

Michaell said:

koby14 said:

Michaell said:

koby14 said:

Michaell said:

koby14 said:

Michaell said:

koby14 said:
I was offered a deal today. 2020 X7 xDRIVE40i. MSRP $74,846. 36/7.5, Zero down, MF 0.00118, RV 57%, zip 10128. monthly lease $963 and $1,200 upfront inc first month. Good deal?
Cap cost would have to be around $72,500 to get that payment.

Ask the dealer what cap cost they are using.

Use this link to research pricing:
https://www.edmunds.com/new-cars/
The adjusted cap cost is $68791
From that, I conclude the MF is marked up, even though you say it isn't; that cap cost would result in a payment of $857/mo.

Can you obtain a copy of the lease worksheet from the dealer?
I also get 857, but was assuming that was pretax. I guess the adjusted cap cost should include tax so you are probably right. I have asked for the lease worksheet. Will revert.
The adjusted cap cost should include everything you aren't paying up front (taxes, fees, etc.).

FYI, in NY we recommend you pay the sales tax up front, when you sign the paperwork. Through a quirk in NY laws for sales tax, if you add the tax to the cap cost, it gets taxed again.
So dealer gave the number pre-tax. so $68791 is selling price, while adj cap cost is $73026 (acq/cap adds of $1060 and tax of $3175). What do you think of the deal?
Only $500 or so higher than what I thought the adjusted cap would need to be, to get the quoted payment.

If you're happy with the discount from sticker, I don't see anything wrong with the deal.

Just an average program on an expensive car.

Agree. This implies an 8% discount to MSRP which is ok but not great. I have seen higher, up to 12% for X7s. I will push for a lower selling price. Keep you posted.

koby14 · May 2020

ArtofWar347 said:
I found a dealer willing to give me my deal;

MSRP =$92,845
Selling Pricing = $82,529 (includes the $1,500 in rebates)
Acquisition Fee = $925
Dealer/State Fees = $1,229.44
Customer Cash = $2,396.37 (1st month + Dealer/State Fees)
Residual = $51,064.75
Monthly = $1,166.93
Thoughts?

@ArtofWar347 do you mind sharing which dealer offered you that deal. looks good.

markeee1999 · May 2020

I never had BMW before, is there any incentives or rebates currently on X7 lease I can get?

kyfdx · May 2020

markeee1999 said:
I never had BMW before, is there any incentives or rebates currently on X7 lease I can get?

There may be an incentive that covers $500 of the first two payments, but no other incentives on this model.

MikeBMW2 · May 2020

Hey all. When negotiating the final price, do you negotiate off the MSRP, the "Selling Price" or Adjusted Cap Cost? Thanks for your help!

Michaell · May 2020

MikeBMW2 said:
Hey all. When negotiating the final price, do you negotiate off the MSRP, the "Selling Price" or Adjusted Cap Cost? Thanks for your help!

You are always negotiating off the MSRP - whatever number you and the dealer agree upon becomes the selling price.

Any taxes or fees you don't pay up front are added to the selling price to get the adjusted cap cost.

markeee1999 · May 2020

I was trying to build and price X7 and I tried it on BMW website and then on Edmunds. On BMW website only (not on Edmunds), if I pick certain color such as Carbon Black Metallic it forces me to add M sport package, luxury seating package and full leather package, which adds $9650 to base MSRP. Any idea if I can get the color without those extra packages?

kyfdx · June 2020

markeee1999 said:
I was trying to build and price X7 and I tried it on BMW website and then on Edmunds. On BMW website only (not on Edmunds), if I pick certain color such as Carbon Black Metallic it forces me to add M sport package, luxury seating package and full leather package, which adds $9650 to base MSRP. Any idea if I can get the color without those extra packages?

It's just a guess, but I'd say no.

koby14 · June 2020

Does anyone know if there are additional June rebates? I was told by a dealer that in June BMW may release better deals. Any news on this?

ArtofWar347 · June 2020

@ArtofWar347 do you mind sharing which dealer offered you that deal. looks good.

BMW of Lancaster
Otto's BMW

70sschevelle · June 2020

Hi. Could you please provide updated June numbers (MF, residual, and incentives) for 2020 X7 x40i for 36/15 and 36/12 in 60521? Thank you!!

kyfdx · June 2020

koby14 said:
Does anyone know if there are additional June rebates? I was told by a dealer that in June BMW may release better deals. Any news on this?

Which X7?
What term and mileage allowance?
What is your location?

kyfdx · June 2020

70sschevelle said:
Hi. Could you please provide updated June numbers (MF, residual, and incentives) for 2020 X7 x40i for 36/15 and 36/12 in 60521? Thank you!!

36/15
.00118 MF and 53% residual
No lease incentives

ArtofWar347 · June 2020

koby14 said:
Does anyone know if there are additional June rebates? I was told by a dealer that in June BMW may release better deals. Any news on this?

@koby14 - BMW dealers are running low on specific spec 3 series, X3, X4, X7, and X M. BMW has stopped taking any individual orders on any BMW X series until the South Carolina production is back to full operations after being closed due to Covid-19. I doubt there will be any June incentives.

https://www.cnn.com/2020/06/05/cars/car-dealerships-low-inventories/index.html

thwg · June 2020

Could you please provide MF/RV/incentives for 36/10 on 2020 X7 40i in 90064?

kyfdx · June 2020

thwg said:
Could you please provide MF/RV/incentives for 36/10 on 2020 X7 40i in 90064?

.00118 MF and 56% residual
$500 lease credit

pende002 · June 2020

Could I please get MF, RV, and incentives for xdrive40i 36/10 80525. Car is demo with 1501 miles on it.

Thanks!

kyfdx · June 2020

pende002 said:
Could I please get MF, RV, and incentives for xdrive40i 36/10 80525. Car is demo with 1501 miles on it.

Thanks!

.00118 MF and 56% residual
No lease incentives

Deduct $0.25/mile from the calculated residual, to account for the current mileage.

2020 BMW X7 Lease Deals and Prices

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