2019 BMW 540 Lease Check

Would appreciate any thoughts on the below; looking to execute soon. Thanks.

Year, Make, Model, and Trim: 2019 BMW 540i xDrive
Courtesy Vehicles w/ 4,399 miles
MSRP: $71,075
Selling price: $60,299
Monthly Payment: $570.91
Drive-Off Amount: $1,359 (includes first month)
Months: 36
Annual Mileage: 12,000
MF: 0.00128
Residual: 57% with 2% bump to 59% and (974.75) odometer adj.
Incentives: $3250 lease credit + $2000 loyalty
Leasehackr Score: 10.5 years

Think there is more room for discounting. I’d look for around 18-20% on a demo.

Great deal with buy rate, add MSDs and it’ll be even better.

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Good looking deal. 15%+ pre incentives. Very competitive in most markets.

Good deal. Lucky you with 5.5% sales tax whereever that is :wink:

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Appreciate the quick feedback. Been chasing courtesy 540s for the past couple months in about a 300 mile radius and this is the highest i have come across pre-incentive. Mind you I have been particular about colors and options (this is black w/ M-Sport).Market seems flooded with white.

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Just of curiosity, why do so many people on this board assume it’s easy to get 18-20% off a loaner/demo unit or that is the standard discount? My experience with this has been that it depends on the model, time, aging and relationship to get this done.

Right now if someone wants 20% off a BMW the model that it’s doable on is the X1. I have gotten 3 offers 21%+ off a loaner and the highest so far is surprisingly from an Autonation dealer here in NorCal.

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Not that much juice to squeeze on these particularly if it’s an M-Sport. Maybe ask for 18% and if you get to 17% and buy rate jump on it.

ol code helps too, even if it’s $500

Very true.

I mean, if it was me I’d totally hold out for a 20%+ deal but I have -0- need for another car.

but he’s not you or me :rofl::rofl::rofl::rofl:. Solid deal.

I have been debating just getting an m550, 540 doesn’t seem worth the premium and I’m not gaining any traction on the m5 front, m550 @599 would be good value for the money.

but yes op getting this for $499 with max msd would be a very good deal imo.

@Electric with your experience hacking BMWs how doable is 20% off a 540 M Sport loaner for your every day Joe without relationships?

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how many days on lot? use cargurus.

This is 100% circumstantial. On any given day, 99.7% of dealers will tell you to kick rocks when offering 20% on a 540i MSport demo or loaner.

If you happen to have a dealer on the edge of a bonus, or they’re tired of looking at the car, or if the car has a story behind it or any combination of the above as well as some other reasons unknown to your person you just might get it.

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I’ll add to that it depends on the dealer as well, some really enjoy having aged inventory on the lot. I think I mentioned in another post about dealer here in NorCal who have a few demo 540s that they have sitting for over 380 days and aren’t willing to budge over 12%.

There’s a point where you just plain have poor inventory management at play and if they want to sit on these cars there isn’t a thing you’re gonna do about it except shop where your money is greener.

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Only good thing about that dealer is they are having an OL event this weekend.

$500 = free $15-$18 off your monthly. you know you hit rock bottom if they only offer you $500