2018 BMW X5 lease

Is this is good deal?
2018 X5. Black on Black with the Driver Assist+ Convenience Pkg.
MSRP $63,285
Discount: $6500
Discounted Price is $56,785
Monthly: 828.43 @ 36 months/15k miles.
RV-54.736%
MF-.00182
Total C.O.D. 2,079.97 –(1st months payment, Acquisition Fee, title/tags/state doc fee)
Fees-$925 acquisition fee (base Monthly payment $781.54-Taxes 6% =$46.89) (title/tags/State Doc fee =$257)- all included in total C.O.D.
Any additional incentives that can be added? I appreciate any input. Thanks

Are you receiving:

  1. Loyalty - $1,000
  2. BMW Lease Credit - $1,500
  3. USAA - $500
  4. BMWCCA - $1,000 rebate post sale must be new car not demo or loaner

You are just over 10% without incentives, I would push for more. I know I have had problems getting north of 10%, but my goal is 12-14% before incentives.

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Agent said no incentives currently, let me ask him if any of these are offered. Thanks

Not a good deal at all.

Pretty decent to be honest, but I would aim for less than 800.

I had a BMW dealer quote me $920 for the same X5 - crazy.

The RV indicates that it’s a loaner/demo, if so then no it’s not a good deal. What’s the current mileage? For a loaner/demo target 20% discount.

@ajgraham 20% w or w/o incentives?

What is C.O.D?

depends on mileage and condition, if it’s over 5k miles then probably a really good deal isn’t possible due to RV penalties. I think for what is an outgoing model that has miles on it I would aim for 20% plus incentives but search here for benchmarks.

That is what I have been fighting for, but hasn’t been attainable yet. It is like they don’t see them as distressed…

If you really ready for a new car and not just kicking tires, then hire Quentin or Ben. Otherwise, you are just all over.

I could do a lot better than that, if in NJ/PA/NY area.

You should be aiming for 11 off before incentives.

I love hunting for random deals.

This is not hunting. It is photo hunting :grin:

how is $780/month for a previous model year X5 a good deal??? the car is discounted at $56k…I wouldn’t touch this deal with a stick.

I had a VA dealer quote me 920/mo for a 61k msrp X5. So yeah 780 is good!

Not a loaner. Brand new. Not sure why the RV is an odd number.

Just noticed the mileage is at 15k miles a year. That may explain why the RV is so weird.

That’s a lot of mileage on the X5 for the time, so expect a much higher monthly payment.

Dealer ready to discount to 12% and I can get $1500 lease credit. I can also apply for BMW CCA 3 yr membership & try to get $1000 post sale rebate. I think it will bring the monthly payment down to approx $780/month. Does it still seems high for a 2018 model? Certainly not close to 1% rule but I am asking for 15K miles & not 10K per year.