New to forum, seems I could have done better on the deal, but a few points worth noting:
-previous car totaled therefore needed vehicle fairly quickly
-top tier credit (780+ FICO) didn’t want to have multiple dealers running credit
-this exterior/ interior combo is exactly what I wanted (Mediterranean Blue, Black Dakota leather)
-20” wheels option
Lease deal signed at BMW dealership January 19’ in Miami, Florida.
2019 BMW 540i M Sport (brand new)
**MSRP: $65,985
**Selling Price: $61,350
**Monthly Payment: $850
**Cash Due at Signing: $3000
**MSD: None (no loyalty - coming from Lexus)
**Incentives:
**Months: 36
**Annual Mileage: 10,000
**MF: .0019
**Residual: $39,600
**Region:Southeast
**Leasehackr Score: 6.7
mp11477
January 25, 2019, 11:40am
2
You are missing every single number
1st time posting, hit post by mistake prior to being ready… delete your comment to avoid confusion @ mp11477
mp11477
January 25, 2019, 12:56pm
4
Yeah, it’s not a very strong deal, but sometimes you have to make sacrifices if you want a particular set of options. Enjoy it…nice looking car.
Yinzer
January 25, 2019, 12:58pm
5
I have Mediterranean Blue as well beautiful color
zaimer
January 25, 2019, 1:26pm
6
Seems a bit steep to me as well. It would be difficult to thoroughly shop for a deal when under the gun (no vehicle)…unless your insurance would pay for a rental, etc. Nice car though!
All the numbers seem fine, it’s just that there’s no incentives on 2019’s at the moment.
Looks like a Braman special at an almost effective $1000 payment for a 65k car.
Tone
January 25, 2019, 3:45pm
9
Payment is a light steep but beautiful car enjoy it
johnh22
January 25, 2019, 3:51pm
10
That Med Blue is a stunner of a color.
I didn’t know you could get a 540 M sport for $65k. I thought they were all north of $70k.
Anyways, great car so enjoy it.
Great car but you could’ve picked up a M550 for that.
1 Like
I am currently shopping for an M550 NY area, I’ve been getting quotes around this number.
tvcham
January 25, 2019, 9:48pm
15
I always tell all the dealers to work the deal assuming I have tier 1 credit since I know I do… when the numbers are right and I’m ready to sign, I let that one dealer run my credit.
1 Like
vinny
January 27, 2019, 8:09pm
16
$933 effective payment on a 65k car Yikes
Tough payment but car looks great. Enjoy in good health