Starting my negotiation for lease BMW X4M

jaytripper

Hello, I am beginning negotiations for a lease on a 2020 X4M. There are several of these available within 500 miles from home. The first quote I received seems high:

MSRP $80,395
Offered Dealer Discount: $5000
Rebates $4000

36mo/12k miles/$0 down (startups only)
$925.83/mo plus 6% tax ($981.38)
Residual amt $45,021

Wondering what my target monthly payment should be as the offers come rolling in. Thanks!

kyfdx

jaytripper said:

Hello, I am beginning negotiations for a lease on a 2020 X4M. There are several of these available within 500 miles from home. The first quote I received seems high:

MSRP $80,395
Offered Dealer Discount: $5000
Rebates $4000

36mo/12k miles/$0 down (startups only)
$925.83/mo plus 6% tax ($981.38)
Residual amt $45,021

Wondering what my target monthly payment should be as the offers come rolling in. Thanks!

What is your location?

What is the actual amount Due at Signing?

jaytripper

What is your location? Michigan

I have the latest and best deal so far:

MSRP $80,395
Offered Dealer Discount: $5700
Rebates $4500
Residual amt $45,000
Money Factor .00099
36mo/12k miles/$0 down ($1900 startups at signing)
$900/mo total

Not sure I can get much lower than this?

Michaell

jaytripper said:

What is your location? Michigan

I have the latest and best deal so far:

MSRP $80,395
Offered Dealer Discount: $5700
Rebates $4500
Residual amt $45,000
Money Factor .00099
36mo/12k miles/$0 down ($1900 startups at signing)
$900/mo total

Not sure I can get much lower than this?

That's a pretty reasonable deal, on a vehicle that doesn't lease all that well.

jaytripper

Michaell said:

jaytripper said:

What is your location? Michigan

I have the latest and best deal so far:

MSRP $80,395
Offered Dealer Discount: $5700
Rebates $4500
Residual amt $45,000
Money Factor .00099
36mo/12k miles/$0 down ($1900 startups at signing)
$900/mo total

Not sure I can get much lower than this?

That's a pretty reasonable deal, on a vehicle that doesn't lease all that well.

Thanks for the feedback. I thought so too, I had 3 dealers come to the table today with similar deals. There are a lot of X4M's out there right now. The timing might be right...