This my first lease so want to make sure im headed in the right path. attached is the link to the calculator. Any advice is apreciated
BMW 540I with a few extras
MSRP=64,445
Sale Price= 59,374 (7.9% discount) before $3500 cap reduction
1284 at signing
Money Factor = .00172
residual at 61%
The money factor seems high considering my credit is int the 800’s. am i right or this in the ballpark? i have a some deals here a few months old a .00142
should i be shooting for a 10% discount off MSRP or 8% about right for this car.
Also, what are you linking on the calculator? Are these past deals you’ve seen? It’s showing a demo, with 3750 in incentives and 18% pre-incentive discount.
Are you open to having a vehicle shipped or picking up at the performance center? If so pm me. I just did a custom order at 12.5% before 6k in rebates.
And that residual doesn’t look right. Is this a 7500 mile lease?
You are not going to fare well in the Miami market on your own. It’s a very tough, if not impossible market to get a good deal in. I got my 5 series(loaner with 2300 miles) in September with a 22% discount through a broker. In the South Florida region he is your best bet to get a crazy deal on a Bmw. You can check out his reviews below and contact him via text/email. @Bacons_C.C
Agreed with @SFL-Leasehackr, for bmw and benz it’s like they price fix down there. Autonation owns 5 Mercedes stores and they just opened one of the largest BMW showrooms in the world…BMW of Delray Beach. They control much of the luxury market down there.