[Mattl0806]

Originally Posted by Roki_014

Looks pretty bad
msrp $87,5k , 10k miles per year, 36 months , taxes are pretty similar as nj im in IL $3k downpayment that covered first month and fees, payment $918 per month, its i5 m60 so maybe cuz its electric its a little better

The incentives on an i5 lease are miles ahead bc of the govt subsidies that can be passed along on leases. If you have loyalty there was a total of 10000 off as of mid November when bmw added an additional 1000 dealer cash. It makes a 90k car lease as cheap as a 70k.
I just leased an i5 and had a total of $21,000 off the car. 10k incentives, 11k discount.

[Roki_014]

Reach out to autocompanion Sina
Check this out: https://docs.google.com/spreadsheets...7H4i/htmlview#

[Dragonfly Trumpeter]

Originally Posted by Mattl0806

The incentives on an i5 lease are miles ahead bc of the govt subsidies that can be passed along on leases. If you have loyalty there was a total of 10000 off as of mid November when bmw added an additional 1000 dealer cash. It makes a 90k car lease as cheap as a 70k.
I just leased an i5 and had a total of $21,000 off the car. 10k incentives, 11k discount.

So did you buy a new i5 or the 1+ year old one you were looking at?

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

So did you buy a new i5 or the 1+ year old one you were looking at?

It was the one year old one. The way I rationalized it… I took a new car discount on a demo to inflate the IX trade in. Essentially swapping being in a slightly used IX to a slightly used i5 m60.

The dealer gave me 80k for the IX. I was getting 65-70k from any other dealers outside of one in Erie PA, who had a new car, but it was just too far for me to deal with a trade in.

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

So did you buy a new i5 or the 1+ year old one you were looking at?

If I was dealing only with this i5 - I would have wanted 15% + off. I am still first owner not that I care bc it’s a lease and it still qualified for all new car incentives only taking a small residual hit having only 2100 miles compared to a standard demo having 10k+

[Dragonfly Trumpeter]

Originally Posted by Mattl0806

If I was dealing only with this i5 - I would have wanted 15% + off. I am still first owner not that I care bc it’s a lease and it still qualified for all new car incentives only taking a small residual hit having only 2100 miles compared to a standard demo having 10k+

Why were they allowed to let any joker drive the car as a demo and put miles on it if you are the 1st owner?

But of course it qualified for new car incentives or discounts. Why would anyone pay the 90k new price for a 1+ year old, 2nd hand 70k motor.

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

Why were they allowed to let any joker drive the car as a demo and put miles on it if you are the 1st owner?

But of course it qualified for new car incentives or discounts. Why would anyone pay the 90k new price for a 1+ year old, 2nd hand 70k motor.

Apparently the general sales manager drove it for a while. Not sure how they get away with these things. The carfax shows none of this besides the in service stuff.

would never have bought this car, lease was only option.

My net sale price factoring into the lease was 71xxxx - car wss 92495

[Dragonfly Trumpeter]

Yeah, 70k lease value for a demo i5 over a year old sounds about right. And the car probably was 92k when it came off the boat initially.

[Mattl0806]

Originally Posted by Dragonfly Trumpeter

Yeah, 70k lease value for a demo i5 over a year old sounds about right. And the car probably was 92k when it came off the boat initially.

Yup 92495 - these cars are not moving for them. Maybe the dealer can write it off better if someone was using it while it sat there for a year.

[NJ530]

Originally Posted by CiprianS

Don't fall for this dealer-registered trademark BS called monthly payments. Never enter this game called monthly payments with a dealer.

This is how I negotiate:

1. Dealer discounts
2. Additional manufacturer's incentives
3. Lease/Finance/Cash
4. Eventual trade-in

Don't go into the dealership; preferably, do it over email so that you don't get into their go-and-ask-the-manager game where they play with your nerves as time goes by, and you will accept more and more just to get out of there. When you are negotiating for a car that is on the lot, it will eat at least half of your day with this going back and forth to the manager BS when in fact, they go into the manager's office where they just tell jokes, and so on just to lose time and stretch your nerves.

Just my two cents.

(I always negotiate a sales price on a lease. Provided that your know the residual and the MF)

[CiprianS]

Originally Posted by NJ530

(I always negotiate a sales price on a lease. Provided that your know the residual and the MF)

That is how you should do it. Never negotiate a monthly payment.

[SJCFlyer]

After our i5 M60 was T-bones (see other thread), we're in the process of replacing it with an exact duplicate (it's extremely loaded with everything except frozen paint). MSRP comes in a $102,875 - and it will have to be ordered

Walked into the Orange County showroom of the dealership we've purchase and service 6 or so BMWs (explaining why we had to replace) and was offered this:

MSRP $102,875
Sale $99,375
Rebate $9,000
Advance Payments $1,573.12
Upfront charges $2,499.18
Total cap reduction $4,927.70

Lease payment on 36 mo/15k per year
$0 case - $1,573.12/mo
$3,500 case - $1,465.69/mo
$5,000 reduction -$$1,419.65/mo

It didn't look like a good deal at all, so I reached out to a broker and got this quote:

• $3,000 drive off
• With 7x MSDs ($8,750) monthly payment of $1,205 including tax (if no MSD’s it would be $1,270/mo with tax

I pushed back to the broker, and they sweetened the offer to this:

MSRP $102,875.00
Sales $91,945.00
Rebate $9,000.00
Advance Payments $3,599.00
Upfront charges
Total Cap Reduction
7X MSDs $8,400.00

Monthly payment w/ Tax $1,170.00

Got an email from the GM of our original dealership "Just making sure you feel like a valued returning customer" and I told him "Sure, one that has a "kick my ass" sticker pasted to my rear" and shared the other quote we received - from a broker/dealership we'd never done business with.

Funny how the chain of command works. Suddenly I'm flooded with profuse apologies and "give us just a bit" to rework their quote. And they came back with this:

Here’s a breakdown of our best offer (please note that $11,299 is due at signing – of which $7,700 is going toward MSDs):


MSRP $102,875.00
Sales $91,625.00
Rebate $9,000.00
Advance Payments $3,599.00
Upfront charges
Total Cap Reduction
7X MSDs $7,700

Monthly payment w/ Tax $1,098

It looks like they bumped the Money Factor to keep your MSDs the same. I’ll keep the Money Factor at almost what we borrow money at in order to earn your business as well as another almost $300 bucks off the car. The money factor reduction is a pretty big difference as you can see above.


This looks like a pretty tight offer....but hard to believe how easily you can leave significant money on the table!

[Mattl0806]

Originally Posted by SJCFlyer

After our i5 M60 was T-bones (see other thread), we're in the process of replacing it with an exact duplicate (it's extremely loaded with everything except frozen paint). MSRP comes in a $102,875 - and it will have to be ordered

Walked into the Orange County showroom of the dealership we've purchase and service 6 or so BMWs (explaining why we had to replace) and was offered this:

MSRP $102,875
Sale $99,375
Rebate $9,000
Advance Payments $1,573.12
Upfront charges $2,499.18
Total cap reduction $4,927.70

Lease payment on 36 mo/15k per year
$0 case - $1,573.12/mo
$3,500 case - $1,465.69/mo
$5,000 reduction -$$1,419.65/mo

It didn't look like a good deal at all, so I reached out to a broker and got this quote:

• $3,000 drive off
• With 7x MSDs ($8,750) monthly payment of $1,205 including tax (if no MSD’s it would be $1,270/mo with tax

I pushed back to the broker, and they sweetened the offer to this:

MSRP $102,875.00
Sales $91,945.00
Rebate $9,000.00
Advance Payments $3,599.00
Upfront charges
Total Cap Reduction
7X MSDs $8,400.00

Monthly payment w/ Tax $1,170.00

Got an email from the GM of our original dealership "Just making sure you feel like a valued returning customer" and I told him "Sure, one that has a "kick my ass" sticker pasted to my rear" and shared the other quote we received - from a broker/dealership we'd never done business with.

Funny how the chain of command works. Suddenly I'm flooded with profuse apologies and "give us just a bit" to rework their quote. And they came back with this: [...]

It’s so sad isn’t it? I try to put all the energy I can when I see posts to help others avoid this.

I think you can get a broker deal without a jacked up money factor and still beat this deal you have here.

Out of principle I typically tell these dealers to F off bc they would happily took your 8k out of your pocket and into theirs.. but this deal would save you a broker fee and is now cheaper - part of me says don’t let emotions blind you from saving the additional money. EOD - you win if you pay the least amount for the car.

[Mattl0806]

Originally Posted by SJCFlyer

After our i5 M60 was T-bones (see other thread), we're in the process of replacing it with an exact duplicate (it's extremely loaded with everything except frozen paint). MSRP comes in a $102,875 - and it will have to be ordered

Walked into the Orange County showroom of the dealership we've purchase and service 6 or so BMWs (explaining why we had to replace) and was offered this:

MSRP $102,875
Sale $99,375
Rebate $9,000
Advance Payments $1,573.12
Upfront charges $2,499.18
Total cap reduction $4,927.70

Lease payment on 36 mo/15k per year
$0 case - $1,573.12/mo
$3,500 case - $1,465.69/mo
$5,000 reduction -$$1,419.65/mo

It didn't look like a good deal at all, so I reached out to a broker and got this quote:

• $3,000 drive off
• With 7x MSDs ($8,750) monthly payment of $1,205 including tax (if no MSD’s it would be $1,270/mo with tax

I pushed back to the broker, and they sweetened the offer to this:

MSRP $102,875.00
Sales $91,945.00
Rebate $9,000.00
Advance Payments $3,599.00
Upfront charges
Total Cap Reduction
7X MSDs $8,400.00

Monthly payment w/ Tax $1,170.00

Got an email from the GM of our original dealership "Just making sure you feel like a valued returning customer" and I told him "Sure, one that has a "kick my ass" sticker pasted to my rear" and shared the other quote we received - from a broker/dealership we'd never done business with.

Funny how the chain of command works. Suddenly I'm flooded with profuse apologies and "give us just a bit" to rework their quote. And they came back with this: [...]

Ty for posting this. Hopefully others will find this transparency very helpful.

[AlteBMW]

Originally Posted by Roki_014

Looks pretty bad
msrp $87,5k , 10k miles per year, 36 months , taxes are pretty similar as nj im in IL $3k downpayment that covered first month and fees, payment $918 per month, its i5 m60 so maybe cuz its electric its a little better

Electric is where the best deals are. They’re not selling well.

[Mattl0806]

Originally Posted by AlteBMW

Electric is where the best deals are. They’re not selling well.

I5 40s are 16% off before incentives on leasehackr right now in the northeast. Crazy.