2018 530e ex loaner lease

norcalev · February 18, 2019, 4:22am

2018 BMW 530e ex loaner with 4500 miles
**MSRP: $59,645
**Selling Price: $50,750 (15% off MSRP)
**Monthly Payment: $514 + tax
**Cash Due at Signing: $1000 (will get $800 rebate from PG&E, so net DAS is $200)
**MSD:0
**Incentives:
$2,000 lease cash
$1,000 conquest
$1,000 Lunar New Year OL code

**Months:36
**Annual Mileage:10,000
**MF:0.00208 (marked up, I know )
**Residual:61% then subtract $1000 for 4500 miles

**Region: SF Bay area

Not sure if this is leasehackr worthy but it is under 1% of MSRP. I am in the SF Bay area. Dealers here are not as aggressive as those in SoCal. The dot com millionaires really ruin the market here.

Rezar1 · February 18, 2019, 5:13am

That’s a good deal for the Bay Area. I was down in LA last week and a dealer laughed when I said 15% off of 530e loaner. He was charging the same as the a new car which is where I laughed.

skyline31518 · February 18, 2019, 5:17am

This is a great deal actually congrats! Not sure if you can apply for the $1500 clean air rebate since it’s loaner. But you should call and ask.

norcalev · February 18, 2019, 7:07am

I have confirmed that previously registered car is not eligible for the CVRP rebate.

sharksfan15 · February 18, 2019, 7:15am

Sounds like a good deal, you probably wouldn’t get 15% off for a new car so that’s a wash with not getting the CVRP rebate. You’ll probably have to pay for registration renewal in the next few months since it’s a loaner though. Good looking car.

MeWantCarCar · February 18, 2019, 7:35am

Sweet ride!

NorCalHackr · February 20, 2019, 6:58pm

Are loaners technically registered? I thought you could still get the CVRP on loaners. Doesn’t the contract list it as “new”?

mung35 · February 20, 2019, 9:04pm

Why no MSDs?

norcalev · February 20, 2019, 10:59pm

My contract listed it as “used”.

NorCalHackr · February 20, 2019, 11:11pm

Very interesting, one more thing I didn’t know.

norcalev · February 21, 2019, 1:54am

No particular reason. Just doesn’t feel like putting down cash.

jana898 · February 21, 2019, 10:45pm

Which dealer did you deal with? I’m on Peninsula too, looking to get in to BMW lease this year. Can you share contact? Thanks.

Bakhtavarj · March 14, 2019, 11:05pm

Hello All,

New to LeaseHackr but definlitey read the forums before heading to the dealership. Here’s what I got:

2018 BMW 530e ex loaner with 4045 miles
**MSRP: $58,670
**Selling Price: $48,594 (17% off MSRP)
**Monthly Payment: $512 + 9.5% CA tax ($561/month)
**Cash Due at Signing: $0 (will apply for SCE rebate but don’t think I can apply California rebate)
**MSD: 0
**Incentives:
$4000

**Months: 35 (first month covered)
**Annual Mileage: 15,000
**MF: .00177 (I believe)
**Residual: 57% ($33,144)

**Region: SoCal (inland empire)

JAG2k19 · March 17, 2019, 8:53pm

Can you PM over dealer info? Thanks.