Best Loaner in Stock - 2018 320i - 13.17% off - $234 + Tax on $40k MSRP

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I honestly haven’t had a loaner to advertise in quite a while. Most of them have been priced at around 8-10% off MSRP and they’ve been selling at that on-site (yes it’s true…lol). But here is one that is priced right online. Not the best lease I’ve ever posted but they can’t all be 20% off right? :laughing:

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More photos and vehicle details HERE

My quote at the bottom is totally possible and is based on someone that qualifies for loyalty and college grad and does a 24/10k lease and lives in a 7.75% tax rate area. If you don’t qualify for all you can still use the LH Calculator and the appropriate residual value below to figure out what your payment would be.

$40,195 MSRP
$34,900 Selling price (before incentives)

Available Rebates/Credits
$3,000 Lease Credit
$1,000 Loyalty Credit
$1,000 College Grad Rebate
$500 Corp Fleet/Costco - this comes off of price

Residual adjustments for current miles of 2,543
Please use the LH Calculator with these figures and your desired term/miles to cut down on the back and forth emails.

24/10k lease = 64.73% RV
24/12k lease = 63.73% RV
24/15k lease = 61.73% RV

36/10k lease = 58.73% RV
36/12k lease = 57.73% RV
36/15k lease = 55.73% RV

Ideal Scenario (client qualifies for all four rebates/credits and resides in a 7.75% tax rate area)

24 months
10k miles
$26,018 residual
.00166 MF (OAC)
$3,000 lease credit
$1,000 loyalty credit
$1,000 college grad credit
$500 corp fleet/costco
$234 plus tax with $0 Down and Only $1,784 drive off

Drive-off breakdown
$925 acquisition fee
$30 license fee (may vary slightly)
$80 doc fee
$495 upfront tax
$253 first payment (with tax @ 7.75%)

Please email me directly (no PM’s please) if you’re interested and I will try to update this as soon as it is no longer available.

Dave Townsend
Internet Client Advisor
BMW of Murrieta - A Hendrick Automotive Group Dealership
dave.townsend@bmwofmurrieta.com

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I wonder many people qualify for loyalty and college grad at the same time. Probably very few. Still not a terrible deal when you consider how much worse BMWs are leasing compared to a few months ago.

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Old beemers make decent beater college cars.

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Haha I have a few friends from school with old bimmers, they’re the last people I’d expect to lease a new one. They didn’t mind stuff breaking down as long as they got that raw mechanical driving experience which is less common in newer BMWs.

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I’m guessing you could substitute an OL code for College grad.

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You’d be surprised actually. All it takes is for a recent college grad to live at home with another BMW in the household. And for everyone else that has one but not the other, it’s not a huge difference in payment.

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Keep in mind that grad discount is broader than it sounds. BMWs program includes anyone who recently got a graduate degree or doctorate. That would include anyone who graduated from law school, medical school, got a PHD and the people who get a master’s mid career. My MIL is almost 60 and had to get a master’s for her Job. She is now eligible for college grad rebate.

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What about a certificate program from UCLA Extension, would that qualify?

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Based on the criteria, I don’t think so. But if you’re leasing a car it doesn’t hurt to try…

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Thanks for posting the info. I wonder how does one prove s/he is eligible to graduate within the next 6 months? I assume you won’t really be able to tell from the transcript.

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Review of transcripts. This programs goes through a completely different underwriting process. It’s not just the dealership or Sales Manager saying yes or no.

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When I leased my 330e, I had a few months to go until graduation. My transcript didn’t show an anticipated graduation date, so it wasn’t good enough proof. I ended up printing out my graduation application from my school’s website which showed the expected graduation date.

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If I was BMWs lawyer I would not have included that provision it is far to vague and difficult to define. Easy to come up with hypothetical situations where eligible is a very loose term.