2020 530e Quote SoCal - Thoughts?

2020 530E - Please share your thoughts on the deal offered below?

MSRP: $61135
Sale Price: $52400
Monthly Payment: $707 (w 7.75% tax included)
Drive-Off Amount: $0 (real zero, no first mo or anything else)
Months:36
Annual Mileage: 15k
MF:0.00128
Residual:58%
Incentives:$3250 (loyalty + credit)
Region: SoCal
Leasehackr Score: 83

I can beat that deal, shoot me a text
424-278-8216 (Gor)

1 Like

I’m assuming that sale price includes the incentives. Definitely shoot for a better discount or go with a broker ^.

Also how does one go about claiming the $5800 tax credit for one of these?

My understanding is that I’m only eligible for a state tax rebate of $1500, which I’ll file with the state and receive a check. There isn’t any other tax credit/rebate available, at least not to my knowledge.

There is a $1000 SCE rebate and also BMW CCA $1000 rebate

Wha’t SCE? how do I claim those?

Southern California Edison rebate:

1 Like

The federal rebate? You don’t on a lease. The captive gets the credit and then either pass it on in the form of an incentive or don’t and keep it for themselves.

1 Like

The BMW 530e will no longer qualify for the state rebate after December 3, 2019.

1 Like

2 Likes