Year, Make, Model, and Trim: 2017 BMW 330i (Loaner with 4K miles)
MSRP: [$44,795]
Selling Price: [$33,900 before Rebate, $30,900 after Lease Credit]
Rebates: [$3000 Holiday Lease Credit]
Trade-in: [$0]
Months: [36]
Annual Mileage: [10,000]
MF: [0.00152]
Residual: [61%] - About 58.5% after the mileage penalty for 4K miles
Security Deposit: [$0]
Total Due At Signing: [$1500]
Monthly Payment (incl. tax): [$281]
Got an amazing deal on this used loaner in Southern California. $1500 down was all out of pocket (no additional drive-offs). Flew down to LA and drove it back up to the Bay Area for this price!
It was definitely a good deal. Will be very hard to replicate since it’s very difficult to find a 2017 Retired Loaner 330i with less than 5k miles. We’re already retiring 2018 models and anything older than that has been in service a long time and has way more miles.
By the way, I did reach out to @BMW_Dave and he was nothing but professional and provided a very competitive quote on a new 2017 BMW 330i. I just happened to find a better deal in this loaner and decided to take it.