X4 m40i loaner lease deal. need advice.

Boarder · February 2020

Hi,

I found 2020 X4 m40i loaner, msrp $67,395 and selling price is $59,288 (12% discount)

I got a first lease offer that I am not happy with because they did not give me any discount from their listing price. their offer is 36/10, $556 + tax with $3888 DAS that including $2,000 down payment and fees. Loyalty credit is already applied.

What I am thinking is $0 down payment and $590 including tax. Do you guys think how much I should push it? Any thought?

Thank you!!

kyfdx · February 2020

Boarder said:
Hi,

I found 2020 X4 m40i loaner, msrp $67,395 and selling price is $59,288 (12% discount)

I got a first lease offer that I am not happy with because they did not give me any discount from their listing price. their offer is 36/10, $556 + tax with $3888 DAS that including $2,000 down payment and fees. Loyalty credit is already applied.

What I am thinking is $0 down payment and $590 including tax. Do you guys think how much I should push it? Any thought?

Thank you!!

What is your location?

Is that the selling price before incentives are deducted?

How many miles on the loaner?

Boarder · February 2020

the location is 92620
yes. the selling price is before any incentive deduction.
4100 miles on it.

Michaell · February 2020

Boarder said:
the location is 92620
yes. the selling price is before any incentive deduction.
4100 miles on it.

You want to target 15-18% off MSRP, before incentives, for the loaner.

Subtract $1025 from the residual to account for the existing miles.

kyfdx · February 2020

Boarder said:
the location is 92620
yes. the selling price is before any incentive deduction.
4100 miles on it.

I'd shoot for the same deal, but without the $2000 extra upfront.
You might not get it, but you are pretty close to a good deal. Anything lower is going to be a bonus

X4 m40i loaner lease deal. need advice.

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