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2019 Demo M850i Coupe - Good Deal?

realestinthegamerealestinthegame Member Posts: 6
edited January 2020 in BMW
MSRP - $120,145
Selling Price - $94,915
Selling Price (Loyalty + Lease Cash) - $91,915 (23.5%)

Residual: 55%
MF: .00137
36 months, 10k a year
Region: NY

Demo mileage - $3,500

PLUS I have 3 months left on my lease which I will be rolling into payments - $2682

Asking for $1233.45 per month - Only first month due at signing ($1233.45)

What do you guys think?

Comments

  • kyfdxkyfdx Moderator Posts: 248,619
    @realestinthegame

    Do you have the adjusted CAP cost?
    Actual residual amount?

    Looks promising

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  • realestinthegamerealestinthegame Member Posts: 6
    No cap cost since I am not paying anything down.

    I actually just got it down to around $87,000 from $91,915, bringing the effective monthly payment to $1,083 with only first months payment due at signing.
  • MichaellMichaell Moderator Posts: 248,543

    MSRP - $120,145
    Selling Price - $94,915
    Selling Price (Loyalty + Lease Cash) - $91,915 (23.5%)

    Residual: 55%
    MF: .00137
    36 months, 10k a year
    Region: NY

    Demo mileage - $3,500

    PLUS I have 3 months left on my lease which I will be rolling into payments - $2682

    Asking for $1233.45 per month - Only first month due at signing ($1233.45)

    What do you guys think?

    That's a good deal.

    Are you saying the car in question has 3500 miles on it?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • realestinthegamerealestinthegame Member Posts: 6
    Michaell said:

    MSRP - $120,145
    Selling Price - $94,915
    Selling Price (Loyalty + Lease Cash) - $91,915 (23.5%)

    Residual: 55%
    MF: .00137
    36 months, 10k a year
    Region: NY

    Demo mileage - $3,500

    PLUS I have 3 months left on my lease which I will be rolling into payments - $2682

    Asking for $1233.45 per month - Only first month due at signing ($1233.45)

    What do you guys think?

    That's a good deal.

    Are you saying the car in question has 3500 miles on it?
    Yep thats correct!

    Approximately 3500 miles on it. Not sure had it down there as $3500.
  • MichaellMichaell Moderator Posts: 248,543

    Michaell said:

    MSRP - $120,145
    Selling Price - $94,915
    Selling Price (Loyalty + Lease Cash) - $91,915 (23.5%)

    Residual: 55%
    MF: .00137
    36 months, 10k a year
    Region: NY

    Demo mileage - $3,500

    PLUS I have 3 months left on my lease which I will be rolling into payments - $2682

    Asking for $1233.45 per month - Only first month due at signing ($1233.45)

    What do you guys think?

    That's a good deal.

    Are you saying the car in question has 3500 miles on it?
    Yep thats correct!

    Approximately 3500 miles on it. Not sure had it down there as $3500.
    Still a solid deal on a car with a "meh" lease program.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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