A local BMW dealer in NY has a few 2018 X1 Loaners for sale. I contacted one via email and asked for their best lease. I have attached their proposal. I asked about Residual, MF, and other incentives.
MF is 0.00217
Residual on 36/12K is $22,554 which is 58%
He said he can add $750 for Conquest which would bump from $3,250 to $4,000.
Is there anything else I can do? it looks like he is giving me 13% off MSRP, I am going to ask for 20%.
First time negotiating with the tools from this site. Any help would be much appreciated.
This is the calculator I came up with based on his proposal.
MF is 0.00217
MF is marked up, ask for buy rate of .00177, provided you have tier 1 credit.
+1 to the above, MF is jacked. There is wiggle room on this deal and BMW has precisely 3 weeks of lease support left on 2018 models. He can do better. Please post updates!
New to the forums and have been researching deals similar to above. What is this end of lease support that I have seen mentioned in similar deals?
End of lease support can mean either they will stop allowing them to be leased entirely…or rebates will go away and/or RV drops, making payments skyrocket.
I am negotiating a lease with a local dealer and comparing to numbers I am seeing on here. The local dealer said he can “work his magic” if I can get something in writing from another dealer showing these offers.