36/10k lease with residual of 61%
MSRP 89245
Cap cost including fleet 1k=80464
MF 0.00152
Rebate(winter and loyalty) 4000
Due at signing 2985(doc, license, acquisition, first month )
Tax in CA 8.75
Monthly including tax is 881.69
Any thoughts on this deal?
Under 1%, looks pretty solid!
It isn’t though. There’s about $1k of cap cost reduction in that price, bringing the total to over $900.
There’s room to negotiate in this.
You’re right… They snuck $1k in as Cap Cost.
That being said, he’s at 9% off before incentives or the $1k Corp Fleet (81,464 / 89,245 = 91%). So, I don’t know that there is anything left for the dealer to give.
Just ended up getting the car yesterday and I think I received a pretty good deal. Thank you to everyone for your input.
Here’s the breakdown:
36/10k lease with residual of 61%
MSRP 89245
Cap cost=80464
MF 0.00152
Rebate(winter, fleet, ?early lease inspection, and loyalty) 6000
Due at signing 2995(doc, license, acquisition, first month )
Tax in CA 8.75
Monthly including tax is 821.34
What is the lease inspection rebate for 1k?
Solid deal on a serious machine. Enjoy it!
Honestly I have no clue. I was just negotiating hard and they said they could offer this to me.
Good deal. (20 char)
These are in demand cars in certain areas if you are getting 9% before rebates you are doing well.
Did you have a trade in or competitors lease?
Solid deal on a solid car.
Are they in demand? I live in an area that might as well be sponsored by bmw and i haven’t seen a single one.
Not everyone is buying 85k V8s. Production is limited.
They gave that car away lol
leads me to believe it’s not “that in demand”.
I don’t think it is either it’s really no diff than the F10 550i.
I just heard that a guy paid MRSP for one. So, I guess it depends on how educated on invoice, holdback, & incentives the buyer is.
There’s a sucker born every minute
Did you trade in a previous 5 lease to get that 2k loyality rebate?