BMW X5 sdrive30i

Yowsers

Looking to purchase 2020bmwsdrive40i. Msrp $71295; selling price $65639. They are under pressure to close deal by end of month and I want to be out the door max $65k.
I was thinking of paying cash but lease seems better...$37k over 3 years with 15kmiles/year. If I can negotiate buy out of $27k, should be a great deal since I can resell at least $32k.

What other factors outside of price should I negotiate for bmw sdrive40i? Thoughts on what I may be missing with my analysis?

Michaell

Yowsers said:

Looking to purchase 2020bmwsdrive40i. Msrp $71295; selling price $65639. They are under pressure to close deal by end of month and I want to be out the door max $65k.
I was thinking of paying cash but lease seems better...$37k over 3 years with 15kmiles/year. If I can negotiate buy out of $27k, should be a great deal since I can resell at least $32k.

What other factors outside of price should I negotiate for bmw sdrive40i? Thoughts on what I may be missing with my analysis?

Why do you think the market value will be $5K higher than the residual?

.00137 MF and 52% residual, meaning the buyout value will be $37K - and, that number is not negotiable.

If you plan to keep the car longer than 3 years, you are better off buying.

If you lease, your assumptions are way off; there is a $925 acquisition fee up front, and a several hundred dollar disposition fee when you turn the car in.

kyfdx

Yowsers said:

Looking to purchase 2020bmwsdrive40i. Msrp $71295; selling price $65639. They are under pressure to close deal by end of month and I want to be out the door max $65k.
I was thinking of paying cash but lease seems better...$37k over 3 years with 15kmiles/year. If I can negotiate buy out of $27k, should be a great deal since I can resell at least $32k.

What other factors outside of price should I negotiate for bmw sdrive40i? Thoughts on what I may be missing with my analysis?

BMW doesn't negotiate buyouts. The residual on that unit will be $38,500. You'll have to pay that to buy it out. If you want to own it, just buy it.

Yowsers

Thank you guys for the feedback...any other factors I should consider? I would like to keep the car at least 5-7 years...am I better off to just buy in cash?

Michaell

Yowsers said:

Thank you guys for the feedback...any other factors I should consider? I would like to keep the car at least 5-7 years...am I better off to just buy in cash?

Yes, if you plan to keep the car longer than the lease term, just buy it upfront.