Hi Hackers!
While I hunt for an sq5, I came across this heavily discounted x5. Dealer’s payment and lhcalculator have two different numbers - 650 va 572. Any ideas? I explained how the calculator works but they cant figure out the discrepancy.
Thanks in advance,
ab
Jon
March 29, 2019, 12:17am
2
What do you mean by that? You have many mistakes in your calculation (sales price, MF, rebates).
It’s 15% off a outgoing model before factory incentives… it’s decent but would not say heavily discounted. They are marking up the MF so killing about 2.5% of that discount too.
I also didn’t think BMW did 7,500/year leases on anything but 7 series.
Anything beyond 11%, they’re in the hole. I’m not sure I follow your logic of not heavily discounted.
Autonation dealers usually advertise higher discount but you only get it if you FINANCE the car through them. If you lease, the discount is smaller.
On your dealer worksheet, selling price is actually 59500, therefore only 11% off.
I’ve seen this EVERYTIME I dealt with an Autonation BMW dealer.
Jon
March 29, 2019, 1:16am
7
What’s the monthly payment on the dealer’s sheet?
They revised it.
I was able to trace the difference to:
Marked up MF
Acq Fee rolled into lease and not DAS
Thanks guys for the pointers. I thought the 0.00040 was optional and not taken into consideration.
Jon
March 29, 2019, 1:37am
9
That is a very confusing worksheet. So the dealer raised the price by $1000? And why doesn’t it list the total rebate amount?
He says rebate is customer rebate @ 4171.60 (taxed)
Jon
March 29, 2019, 1:44am
11
BMW rebates are never weird numbers like that. Why is the rebate on the first worksheet lower? That number seems more like the cap cost reduction.
You are right…I was interpreting his explanation of heavily discounted as approaching unicorn status since his calculator showed a 20% discount and he wasn’t originally interested in a X5. It’s solid discount but certainly can be replicated.
Thank you guys!! I learn more everyday.
that lease sheet he posted.
The cash due and monthly payment won’t change when he goes into the dealer right?
since you’re saying something about the discount changing?
I was referring to “AutoNation Savings” of $8863, that’s like 13% off. But it’s actually 11% off.
I think OP can do better:
It’s 7500 miles/year
Model year 18 only 11% off MSRP?
With DAS it’s essentially $708/mo, 7500 miles lease for a $66K MSRP car
Try to push for buy rate MF and put down some MSD instead of DAS
OP have you considered 18 X5 diesel or 40edrive? They have higher lease credit so you can potentially get a much better deal.
2018 BMW X5 xDrive40e, loaner with 1900 miles
with premium, drive assist and luxury package.
We had $3k+ equity when we sold the other car so payment is ~$500/mo including tax.
will post the pics shortly
**MSRP: $71085
**Selling Price: $59000 17% off
**Monthly Payment: $582.43
**Cash Due at Signing: $600 first mo + 4200 MSD
**MSD: 7
**Incentives: 5250 + 1500 loyalty
**Months: 36
**Annual Mileage: 15k
**MF:0.00188 (7 MSD down to 0.00153)
Residual: 55.505%
Region: SoCal
…
Finalized a lease for $594/mo incl. taxes for $69.5K MSRP X5 40e loaner w/ 4900 miles. DAS was 1st month, title/reg/fees. Added 7 Refundable MSDs. Closed end of Jan.
First-time Bimmer owner so I didn’t get the additional loyalty incentives so had to push harder on the SP. Also not in my favor was MF which ticked up slightly in Jan (from .82 to .88) and the lease credit was lower for those of us not on the Coasts (Midwest loses out on $1K). No trade-in. Business SUV and kept my personal SUV (my …
Thank you!! Let me check around for eDrives …
Those e-drives were loaners, can’t be that many new ones left around, or loaners either.
I leased a new one recently and I’m just under $650 a month all in for 36/15. I got just over 12% off before incentives for reference.