2019 BMW X1 Loaner Deal - Thoughts Please

Ask the Hackrs
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1

Thanks to the community for all the knowledge on this site. I have definitely learned a ton and will never get taken on a lease again.

I have the following deal that I would like to get some feedback on:

2019 X1 xLine Loaner with Convenience Package, Heated Seats/Steering Wheel, Sports Seats
MSRP: $42,295
Selling price: $33,860
Money Factor: .00128
Residual: $23,928.05 (59% of $42,295 adjusted for the current mileage of 4,604)
Incentives: $2,250 lease credit + $1,000 loyalty
In service date is 3/29/19

Monthly $264
DAS: 3,309.88 (First, taxes, $925 acquisition, $290 registration and $599 Dealer fee)

I have corporate sale program eligibility that I am hoping I can stack $500 more.
I would try and max out MSD before I solidify the deal.

I do have a question regarding the DMV. The dealer is in CT and I live in Long Island. I would be transferring plates from a vehicle that I am selling privately so not really sure if the $260 is legit.

Thanks in advance

LH Calculator (I can’t get the numbers to line up what was quoted but this is close):
2019 X1 Loaner

2

Very solid. Look to get an OL code to see if the dealer will apply. That could get you between $500-1000 more off with incentives.

3

Corporate sale program not stackable with loyalty.

4

I saw that…I was going to ask the dealer if I could use conquest + corporate sales since I have an Audi. Not sure they will go for that.

I have been looking for an OL code but no luck so far. I am registered for an event mid November which should get me an OL code but this deal probably won’t exist then

5

Excellent deal! Money Factor is so low! Score is 13 years!
Remember ask for “free” maintenance.

6

Try to see if they have one pay eligibility, will lower your money factor by 30 basis points, and save quite a bit on average monthly payment

7

Can’t use CSP for a loaner, “BMW Pre-Owned, BMW Company Vehicles, Extended Test Drive, Retired Service Loaners, and
previously reported vehicles with 5,000 or more miles are not eligible with the Lease or Finance incentive.”

8

I’m trying to finalize a deal tomorrow with a CT dealer on an X1 loaner. I put all the information into the calculator but it doesn’t match to what the dealer says the monthly is or what is DAS. It is within $10 monthly and $100 DAS (First, tax, acq, dmv, dealer fees)

Are the deals usually spot on with the LH calc? For me I would imagine it should match everytime…its simple math

Thanks

9

It’s simple math but the operator can make mistakes while inputting the numbers … The calc is only as good as the person feeding it the data

10

Did you add the miles since it’s a loaner? There is an RV hit which is probably why it’s not adding up.

11

Yes it’s missing