I was going to suggest using the Leasehackr website as well. I can't tell you about my pricing because I have not taken delivery yet, and it may not be relevant to you anyway because each market will be different. Here are a couple of suggestions I have.
- Go to the BMW USA site and check out the latest offers for the model you want (they are typically updated each month). Look at the fine print, then replicate that payment/terms using the leasehackr calculator on their web site. As long as you put in the right numbers, you can figure out what the MF is and the residual price at the end of the lease. For example, if you look at the March leasing deal on the BMW web site for the i5 eDrive40, you can see I replicated the $699/month payment on leasehackr here at this link: https://leasehackr.com/calculator?ma...sult_mode=true
Keep in mind though that this price does not include taxes, title, license, registration and dealer fees, so you will have to add all those to get the "real" deal price. For the same car, I have done that at this link here, assuming some taxes and fees for California: https://leasehackr.com/calculator?ma...sult_mode=true
As you can see, it boosts the monthly payment to $807 after adding in all the taxed and fees. It also shows you that the MF they are currently using is 0.00190 for this deal and the residual percentage is 53%.
Once you have the above numbers figured out on leasehackr and are comfortable using that tool, you can start making changes to the numbers to cusomize it to the car you want. For example, put in your actual MSRP, and the actual tax rate for your state, the actual down payment you plan to make (if any), etc. Using this tool you should be able to get an understanding of what your dealer is offering you compared to the current offers available on the web site. For example, you can see whether they are using the same MF or marking it up.
- I would also recommend posting the quote you get over on the CarEdge.com forum. They have a forum section specifically dedicated to commenting on people's quotes. Of course, the want you to pay them for help with buying the car, but I have found that the forum staff will often look at your deal and give you comments to help you know if you're getting a great/good/bad deal. Make sure to tell them where you are located so they can base their comments on the market you are in (for example, west coast USA and east coast USA are very different markets). Here is a link to that forum: https://community.caredge.com/c/review-my-deal/
I hope this helps and provides a little something you didn't already know. Good luck in your negotiations and try not to get too stressed out.
