2018 BMW X3 M40i Demo Lease terms: Please help

Ask the Hackrs
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1

Hello,
Long time follower, first time posting. Please share your thoughts on this deal:
Thank you in advance!

State: California
2018 BMW X3 M40i 4,800 miles
36m/10k
MSRP 65045
Sale discount: 9100
Sale price: 55945
Rebates: 1250
Customer Cash: 3000
Min. Drive Off (-): 2644.88
Total Cap Reduction (-): 1605.16
Net Cap Cost: 54,339.84
Additional Adj: 1059
Net Residual: 37,317.55
Residual %: 59.00%
Total Depreciation: 17,022.29
MF 0.001770
Monthly Rent: 162.23
Monthly Depreciation: 472.84
Monthly Sales Tax: 60.33
Monthly payment: 695.40
Acq. Fee: 925
License Fee: 684
Doc Fee: 85
Gov Fee: 7
Cap Reduction Tax: 152.49
Misc Tax: 95.95
First Payment: 695.40

2

Hilariously bad. $1.12 per mile on a demo X3?!

4

Thanks for the reply. Can you suggest which areas I can negotiate?

5

The only thing you can negotiate is the selling price and you’re way off for a demo. Also this model seems to have pretty poor incentives compared to others (X2, X6). There are boat loads of BMW threads on here, or readily available deals in the marketplace section. Seeing as you’re from Kalifornistan BMW capital of the world you should be able to easily get a fantastic deal on your own or through one of the brokers on here.

6

Thank you. Really appreciate the feedback.