Hi! Thanks in advance for your help!
I am in the L.A. are looking to lease a 2019 retired service loaner. the numbers i would like to offer are as follows:
MSRP: $48,775
Sell Price: $41,997
$488/month including taxes
4,532 already on the car
$0 down ($981 drive offs)
36 months/ 10,000 miles
$1700 in incentives
MF: .00142
61% residual
First time leasing so i am trying to do as much research and brain picking as i can Again i appreciate any tips or advice!
18-19% pre-incentive is feasible on MY19 330i right now. Just did one this week at 19.4% for someone. You can definitely find better discounts, especially on a high mileage loaner. I looked at that one a couple days ago and can tell you it isn’t worth your time.
I’d do it at 10k/36. Your effective monthly will be about $20 lower unless they’re waiving your acquisition fee. Also, throw MSDs down on it and you’ll save another $20 per mo.
Just watch the tires at 36/10…that’s one of the advantages of a 24/10. But, you will save a bit on the lease payment at 36/10. I just calc’ed a possible 2019 loaner 330Xi and as dukez noted you will probably save $20ish a month at 36/10. As long as it doesn’t make you need tires youll come out ahead.
Ill also echo the 22%+ off target for a 2019 330 demo, especially if it has 4000+ miles (as the residual is going to take a hit of close to $1k) and because there is no lease cash on these (except loyalty of $2k).
Id say the above is fair (and I have an offer on one that is almost exactly the same with regard to MSRP discount), but I am holding off for another 3-4% discount. If these 2019s haven’t sold by mid-late March, I suspect the ones remaining will have greater opportunity for increased MSRP discounts (as I believe the cars will be nearly impossible to lease in April.)