2020 BMW M340xi $543 w/tax

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1

BMW M340xi in nor cal, made significant progress on. This certainly won’t win any awards but I think it’s decent in current market. Let me know thoughts!

Year, Make, Model, and Trim: 2020 BMW M340xi
MSRP: $61000
Monthly Payment: $543
Drive-Off Amount: $2312
Months:36
Annual Mileage:10k
MF:0.00099
Residual: 35,990
Incentives: 3k
Region: CA
Leasehackr Score: 9.4
Leasehackr Calculator Link: leasehackr.com/calculator?make=BMW&miles=10000&msd=7&msrp=61000&sales_price=54900&months=36&mf=.00099&dp=0&dealer_fee=85&acq_fee=925&taxed_inc=3000&untaxed_inc=0&rebate=0&resP=59&reg_fee=400&sales_tax=9&demo_mileage=0&memo=&acqFee_check=true&monthlyTax_radio=true

2

What does this mean? Is it a signed deal or not?

3

It’s on the table

4

So many things to like about your deal in this bizzaro market where inventory is scarce - especially on M340 I hear.

It just comes down to how hard you pushed to get your 9.9% pre-incentive. That’s probably the figure that is giving you the most angst. How hard did you push to get to 9.9%? Everything else about your deal is textbook - nicely done.

Looks like a Herculean effort to get this deal.

Future Hackr Data Points:
$60,935 MSRP
$54,900 Pre-Incentive Selling Price
$ 6,035 Pre-Incentive Discount
9.9% Pre-Incentive at the 0.00099 buy rate

Incentives:
$1,000 Lease Cash
$2,000 Loyalty

Max MSDs

1 Like
5

Just to update here, closed this but w/o the MSDs (decided to keep the cash for elsewhere). Added ~$30 per month.

6

Well done.

How tough was it to get your 9.9% pre-incentive discount? Lots of folks feeling resistance getting more than 10%+.

1 Like
7

Tough due to reduced inventory. I was advised these were the last 2020 cars, and offered 6% to begin with. I just put 10% on the table on the table as my magic number, and let them stew on it for a few days, eventually it was approved.

8

Solid deal in todays climate, I recently closed on an 2020 M340i and the best I could do between multiple dealerships was 7%/8% with incentives (conquest, lease cash)(midwest).