2018 BMW 330xi M sport

Ask the Hackrs
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1

I’ve been trading emails with an out of state BMW dealer on a 2018 330xi M sport. Details are below. Besides the shipping cost I’d be out around $1K for closing out my current lease. Is this worth my time or should I finish out my current lease? Acquisition fee seemed high and money factor/interest is not great.

MSRP: $55,005
Dealer discount: $9007
BMW discount: $3500
Sale price: $42498

Acquisition fee: $925
Admin fee: $505
Sales tax: $223
1st month: $543
Capitalized cost increase (fees, tax, 1st month): $2196

Residual: 60%
Money factor: .00217
Monthly payment w/tax: $542.67

2

Why not try 340xi instead? This month 5000 lease credit on 340i IIRC

3

MF is marked up to the max I believe (.004) costing you $30-$40/month. Is this a new car? Dealer discount is decent at 16% if so. Acquisition fee is set by BMWF and $925 is correct.

The numbers don’t make sense as I’m around $455/month before tax based on the numbers you provided. Are you rolling in your current payments? Also, have you looked into leveraging MSDs?

4

That’s a terrible deal, look for a loaner

5

It’s a new vehicle. Here’s a link to calculator. As close as I can get to match it. It’s zero drive off so the fees, taxes and 1st month are factored into the lease. Score is 8.9 years. The MF is not good. Not sure what is the norm right with interest rates on loans etc.

leasehackr.com/calculator?make=BMW&msrp=55005&sales_price=42498&months=36&mf=.00217&dp=0&doc_fee=1043&acq_fee=925&taxed_inc=0&untaxed_inc=0&rebate=0&resP=60&reg_fee=223&sales_tax=7&memo=&zero_driveoff=true&monthlyTax_radio=true&miles=10000&msd=0

6

Just knocking the MF down to buy rate gets you to $474. What’s the break down on the incentives.

7

It’s a single manufacturer rebate of $3500.

8

Got it…You should break out incentives separately in the calculator as they are taxed.

If you could get the base MF as @joeblogs suggested, you have a pretty good deal IMO for zero drive off.

9

It looks like in my state they are not taxed. That said I still didn’t fill the calculator out correctly. Thanks for pointing that out. How do I find the base MF? I’m told by the dealer there is a tier above what they quoted me which will result in a lower MF based on credit rating. I don’t know the lower rate though.

10

.00177, need a break down so we can see the % discount, you can throw them in the calculator as not taxed

11

Thanks! I’ve updated the calculator. Not sure what to do with the 1st months payment so I’ve included it in the dealer fees. Discount is 16% before the incentive. Score remains the same. The lower MF would really help.

leasehackr.com/calculator?make=BMW&msrp=55005&sales_price=45998&months=36&mf=.00217&dp=0&doc_fee=1043&acq_fee=925&taxed_inc=0&untaxed_inc=3500&rebate=0&resP=60&reg_fee=223&sales_tax=7&memo=&zero_driveoff=true&monthlyTax_radio=true&miles=10000&msd=0

12

Looks like if I can get the lower MF and pay 1st month out of pocket I get down to around $488 w/taxes.