2018 BMW 330i, Help me breakdown this lease

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1

Hey guys I continue with my BMW loaner lease journey. Can you guys help me break down this lease and why the heck is it coming almost double what I was calculating?!!

I was looking at 36 months/10k miles
He said MF was .00192 and the residual seems to be right at 59.89% (30,288.75/50,575)
Car has a mileage of 2,748
According to him college grad did not apply as an incentive on loaners, but I knew enough to call him out on that and corrected him. Now on the website he had the car listed with a sale price of $45,988 and MSRP of $50,575
This is in Texas

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Can you guys help me break down what are they marking up? And if you want what would be a good deal to shoot for this. Do you guys think $320 a month for this and prepaying it so they give me tax incentives.

Thanks in advance.

EDIT:
To me it seems like he is just selling the car at MSRP then only giving a sales price because of incentives.

2

Jeezus, do you need to open a new thread everytime find a new vehicle? Everyone already told you want to aim for so why even bother with this deal? You think the dealer will really go from $720+/month all the way down to $320/month?

3

This is a really really really bad deal. They are taking $2087 off MSRP. You could lease a brand new equivalent car for less. This is a loaner:

4

@Jon I’ve posted like 2 threads on the 2 cars I have found. One was a 2017 and one was a 2018 I figured they deserved their own threads.

@Michaelx Yeah I figured, I don’t even know if its worth trying to negotiate with this guy (Dealer is in my home town that’s why I was considering this place) they’re pretty much taking nothing off for a car that already has 2k miles. I mean this car does have the M sport package though which is kind of rare on a loaner from what I have seen.

5

I calculated $725 spot on.

If you are in texas, you’ll probably never get a $320/month zero down deal after tax on a $40-50k MSRP car. Since $100 of every month is going to be the taxes.

And yes, you’ll never be worth dealing with your hometown dealer.

This is my hometown dealer, getting decent on their loaner deals going into Feb.

https://www.bmwautohaus.com/used/BMW/2017-BMW-3+Series-Saint-Louis-d48528bb0a0d04fe699b05a3560d0fe2.htm

That one has an MSRP of around $52k. They got down to as low as $39k when I was pushing hard. But the price includes the incentives.

EDIT Also realize that the only good deals are going to happen on the 17’s because there is a $3k lease credit that doesn’t apply to the 18’s.

6

Not for nothing but have you thought about traveling to Cali to deal with some of the BMW dealers that post up deals here? Even shipping may not be a big cost given your proximity.

7

I have had a weird experience with a lot of California BMW dealers who either say they don’t lease out of state or once I tell them I am out of state they quit responding.

This is just my experience with a few dealers, I am sure there is a majority who aren’t like this.

8

Some don’t want to be bothered, or computer systems aren’t set up to handle out of state delivery.