First time looking at a BMW for my wife and I. I never realized how leases worked until this forum! So thank you all for the education. I haven’t sent anything over to the dealer but here is the loaner I’m looking at:
Model: 2019 BMW X1 sDrive
Packages: Convenience package, 19 inch wheels, ‘fineline’ trim, LED headlights (cornering lights) and heater seats/steering wheel
MSRP: 42435
Mileage: 3560
Incentives: $2250 lease credit and $750 conquest (maybe I can add the OL code I’ve been reading about?)
I’ve read to try and negotiate 18%+ off MSRP for loaners with this type of mileage but it almost seems to good to be true. I don’t want to be naive either and I know Texas is an interesting market from what I’ve read. Any help would be appreciated!
In a very similar situation with a 2019 BMW X1 Loaner with approx 3500 to 4000 miles on it.
Model: 2019 BMW X1 sDrive
Packages: Convenience package and heated seats/steering wheel
MSRP: $41,545
Mileage: 3500 to 4000
Incentives: $2250 lease credit, $750 conquest and recent grad $1000
I do not have the exact MF/Residual Value. However, in a nutshell:
10K / 36 months @ $300 / month + 7 MSD with taxes paid upfront.
Due at signing: 1st month payment + MSD + Fees & Insurance + Upfront taxes
Any advice on how to get a OL code but not having any event nearby? Also is anyone sure if the Feeding America BMW incentive of $1000 can be used on loaners? I was told it had to be a vehicle with < 300 miles.
I was just told it was for new cars only by a dealership. Also, I just found out mini doesn’t qualify for bmw loyalty, which I was told differently at another dealership. Finding an x1 loaner has just been a nightmare.
and I know Texas is an interesting market from what I’ve read. Any help would be appreciated!