2017 BMW 320i 36/12k $273/month, $500 drive off first payment/fees

Signed Deals & Tips
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2017 BMW 320i with Driver assistance package and heated seats

MSRP: [$36500]
Selling Price: [$34500]
Rebates: [$3000 Lease cash, 1000 Recent grad, 500 USAA rebate]
Trade-in: [$0]

Months: [36]
Annual Mileage: [12,000]

]
Residual: 60%

Security Deposit: [$0]
Total Due At Signing: [First payment + fees (500)]
Monthly Payment (incl. tax): [$273]

Zip Code: [77030] (TX)

Leasehackr Score: [11.6]

This is my first lease! I’m happy with the score though I probably could have done better off the MSRP?

3 Likes
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That monthly and drive-off look good, but the numbers don’t add up, especially in TX. Are you sure the sales price wasn’t lower? Also, did you get tax credits or have any trade-in?

3

That’s sounds like a great deal. Would you be able to upload an image of the price breakdown from your buyers order or lease contract?

Much appreciated.

1 Like
4

The $273 is good, but like the other guys said, it looks like we are missing some info.

5

when I plug your number into the calc. it shows 362 a month… I must be missing something…

1 Like
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I see how you got this payment. Looks like you were able to get them to give you a tax credit. So instead of paying 6.25%, you probably paid 1.5%.

Applying $4500 lease cash and other rebates, I can get to $274 in monthly payment. I think it’s a great deal.

7

Can you link to your calculations? Even with a low doc fee of $80, making the $4500 rebates untaxed and calculating 0% tax, I still get a monthly of $331 with $811 due at signing.

1 Like
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When I get home and can grab the paperwork, I will upload the quote that I got. Maybe the sales price was lower then I recalled? I did that off of memory, will update in a few hours. My final deal was more then that since I added some other stuff to it.

9

Nice. My local dealer is nowhere near that.

Is AARP discount completely gone?

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Good stuff, post pics in the trophy garage and upload your paperwork here!

11

very nice, as much as I don’t like the 320i but at that price I would have to rethink it lol.

12

Great deal, especially in Texas! I might have to pick one up for the wife at that price. I’m in Dallas so very interested in seeing the paperwork so I can possibly duplicate this.

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AARP is completely dead. They killed it earlier than the expiration date (which was in May 2017 if I remember) because it was being used by everyone. Apparently the folks at BMW didn’t realize that you didn’t have to be 55+ to join AARP…

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If only MSD’s were still an option…

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Looks like the selling price was further negotiated to $33,500. With $4,500 in incentives and full sales tax credit, it comes out to be $275 a month. Let’s wait and see the detailed quote to validate this.

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Here you go guys. 4700 off sticker, and then 3000 lease cash, 1000 recent grad, 500 USAA, and then I got them to apply a 2k dealer coupon.

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ohh you have $6500 as your rebate… that’s why…
2k dealer coupon? every dealer has it? how to get them to apply that?

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Yep, the extra 2000 comes from a dealer coupon, which will make reproducing this difficult I think. I feel satisfied though, seems like it was a pretty solid deal?

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@tvcham @iKevyn @Splattered @Jon @phalbasch

2 Likes
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your deal looks great! but don’t know if every dealer has that $2000 coupon though… How did you get them to apply that $2000 coupon?