Dear hackrs, I am trying to close on a deal on a 2017 X6 this weekend and would like to know if I can do better than the standard offer by South Motors BWM in South Florida:
$669 PER MONTH FOR 36 MONTHS
$5,094 DUE AT SIGNING
SUGGESTED DEALER CONTRIBUTION OF $3,118
2017 BMW X6 sDrive35i
Adjusted capitalized cost of $56,977 (MSRP of $65,595, including destination and handling fee of $995, less $3,500 customer down, $0 security deposit and suggested dealer contribution of $3,118 and $2,000 Lease Credit).
Cash due at signing includes $3,500 down payment, $669 first month’s payment, $925 acquisition fee and $0 security deposit. ($0.30/mile over 30,000 miles and a disposition fee of $350 at lease end)
By using the Lease Calculator Ia getting $636 (including 7% taxes) . I do not want to put up any downp payment (according to the calculator the MF is 0.00100 (2.4%) the BMW web site does not state any MF…
@fleonardo, the MF of .001 is just the default in the calculator. You need to adjust it to the current MF, which is .00151 for BMW. For your deal, the dealer is only discounting $3118 off the MSRP of $65595. I’d assume you get negotiable a larger discount. I don’t know the market for the X6, but I would shoot for at least 10% off.
I’m was able to recreate the $669 from BMW and armed with this, I should be able to ask for further reduction on the MSRP to bring down the $669.00 monthly payment. currently the discount is a bit shy of 5%… I am currently leasing a 430 convertible which I will turn over (end of lease period is now so problem here) do you know of any loyalty promotion?
I wont be doing the $3,500 down payment as we know what happens with that money if the car gets totaled… with no down payment the monthly cost goes to to $826.00 (including tax) which is more that the 1% rule…
$$965.00 Month
MSRP 73470
Discount $2,204
Rebate : $2,000
Adjusted Price : $69,266 (6% on MSRP)
No down payment
Drive off $2,822.79 (Taxable fees $272.81 + Doc Fee 899 + more tax 222.03 + Non tax Fees $427.00 that adds up to $1,820.03 the rest might be Acquisition fee for $925.)
Inventory in this vehicle is quite low, I looked in 4 dealers in S.Florida and they only have 3 each amnd even less in the white and red combo I want…
any ideas…??
Not deal on the X6, there was only one available vehicle and they refused to let it go…
Dear Offer:
MSRP 74,540
monthly payment $1,061 (not including 7% tax)
sign and drive …
MF 0.00151
residual : 58%
My offer
$900 (including tax)
sign and drive
I walked away… I was surprised they did not counteroffer some more… they did called after 3 hours and he was going to speak once again with the manager… I guess the low inventory is working against me… I will everyone posted…
Hi
I just got an X6 s35i lease this Saturday
Below are my numbers:
MSRP - 73770
Salesprice - 65000
Rebates - 2000
Money factor - 0.00151
Residual - 58%
Miles - 10k/year
I negotiated with dealer for approx. 2.5 months before closing the deal
I added packages for Lease wear and Tear, Tire package(My car has 20 inch black alloy wheels), and BMW full maintenance(As BMW has changed it maintenance program this year)
The quote given to me was
$5k down, $853/month
I negotiated and negotiated and below are my final numbers
$6200 down
$767/month
I was just trying to share my numbers with fleonardo as he also got his deal.
Please let me know under which category i can post numbers if it will help any one else.