# 2020 BMW X1 Assistance

**URL:** <https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650>\
**Category:** Ask the Hackrs\
**Tags:** nj, bmw\
**Created:** [June 5, 2020, 1:58pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650 "2020-06-05T13:58:54Z")\
**Posts on this page:** 15\
**Page:** 1

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**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 1:58pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/1 "2020-06-05T13:58:54Z")

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Looking at a 2020 BMW X1 for my wife. Vehicle is a loaner.

MSRP - $42,595  
Current Discounted Price - $39,565  
Mileage - 810

How do I proceed with this dealer? I leased a loaner through them last year with the help of a broker, but not sure if that person is still able to assist.

Thanks for any help!

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**Author:** ![RustyDaemon](https://leasehackr.b-cdn.net/letter_avatar/rustydaemon/32/5_5575768a8748004e209b776fc1b2916d.png) [@RustyDaemon](https://forum.leasehackr.com/u/RustyDaemon)\
**Post date:** [June 5, 2020, 2:07pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/2 "2020-06-05T14:07:34Z")

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This discount is terrible for a loaner. @nyclife has loaner X1 at 15.5% off. Ping him if you don’t want to go thru figuring out all intricacies of good lease deal by yourself.

> **[Leasehackr Calculator - Hack your next lease | Leasehackr](https://leasehackr.com/calculator?make=BMW&miles=10000&msd=7&msrp=43220&sales_price=36521&months=36&mf=.00118&dp=0&dealer_fee=599&acq_fee=925&taxed_inc=2500&untaxed_inc=0&rebate=0&resP=56&reg_fee=400&sales_tax=0&demo_mileage=4950&memo=&acqFee_check=true&monthlyTax_radio=true)**
>
> Score the best deal with real-time lease and finance data on demand and the ultimate lease/finance calculator trusted by America’s expert leasing community.

> [@100 NYCLIFE’s BMW FEB: X3/X7/X7 10.25% off, IX-12.5% off, Northeast + DMV area + shipping. BASE MF!](https://forum.leasehackr.com/t/nyclife-s-june-best-bmw-deals-demo-blowout-530xi-m240xi-x5-ny-nj-pa-ct/173082/470):
>
> JUNE UPDATE: Shortage of X1/X3/X3m40i models 2 payment loyalty waiver gone 1% residual drop for X1, X3, X4, 8 series MF = .00118 NEW: DEMO: AS ALWAYS when you reach out, please answer the following: Name Model of interest Zip Mileage If you qualify for any rebates? Corp/BMW Loyalty/ Recent Grad/USAA/PENFED?

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**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 2:12pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/3 "2020-06-05T14:12:31Z")

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I now it’s not a good discount. Just wanted to list the info they’ve provided me off of a simply inquiry about the availability of the vehicle.

Looks like current incentives are $750 loyalty and $1000 lease credit.

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**Author:** ![RustyDaemon](https://leasehackr.b-cdn.net/letter_avatar/rustydaemon/32/5_5575768a8748004e209b776fc1b2916d.png) [@RustyDaemon](https://forum.leasehackr.com/u/RustyDaemon)\
**Post date:** [June 5, 2020, 2:18pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/4 "2020-06-05T14:18:17Z")

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Ask for their biggest dealer discount before incentives they’re willing to offer along with MF/RV they’re using. Preferably detailed lease worksheet. Confirm MF/RV on Edmunds. See if that deal works for you. Ask for bigger discount if it doesn’t. Move to next dealer if they refuse. Rinse and repeat.

Or, for fastest results, have a target deal in mind you’d be willing to sign before you contact any dealers and just ask them if they’re willing to do it. 10-11% before incentives on new X1, 15-16% on a loaner I’d consider good deal.

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**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 2:19pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/5 "2020-06-05T14:19:20Z")

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Thanks for the info @RustyDaemon.

So, I should continue by asking greatest discount they can offer, along with the MF/RF. Before any incentives are factored in.

👍

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**Author:** ![RustyDaemon](https://leasehackr.b-cdn.net/letter_avatar/rustydaemon/32/5_5575768a8748004e209b776fc1b2916d.png) [@RustyDaemon](https://forum.leasehackr.com/u/RustyDaemon)\
**Post date:** [June 5, 2020, 2:25pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/6 "2020-06-05T14:25:57Z")

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Pretty much. Or you could offer them your deal (I’d start with 16% off before incentives with buy rate MF) and see what they come back with.

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**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 2:37pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/7 "2020-06-05T14:37:08Z")

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A quick search shows that’s MF is .00118 and RV is 56-57% on 36/10 deals.

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**Author:** ![RustyDaemon](https://leasehackr.b-cdn.net/letter_avatar/rustydaemon/32/5_5575768a8748004e209b776fc1b2916d.png) [@RustyDaemon](https://forum.leasehackr.com/u/RustyDaemon)\
**Post date:** [June 5, 2020, 2:42pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/8 "2020-06-05T14:42:21Z")

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MF seems correct, RV - depends on miles you want. Ask on Edmunds. You should have full RV, this particular unit has mileage too low for RV penalty.

It can’t be range, it’s either 56 or 57 for 10K. Or 55, brokers mentioned 1% residual drop in June from May’s. Need to ask on Edmunds.

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**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 2:49pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/9 "2020-06-05T14:49:13Z")

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No I understand the residual doesn’t fluctuate. I got those to number based on skimming post. However, I submitted my one post requesting MF/RV for the vehicle with specific term/mileage.

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<div class="post-metadata">

**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 3:22pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/10 "2020-06-05T15:22:26Z")

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Here’s what Edmund’s said.

MF - .00118  
RV - 24/15 = 57%  
36/15 = 53%

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<div class="post-metadata">

**Author:** ![RustyDaemon](https://leasehackr.b-cdn.net/letter_avatar/rustydaemon/32/5_5575768a8748004e209b776fc1b2916d.png) [@RustyDaemon](https://forum.leasehackr.com/u/RustyDaemon)\
**Post date:** [June 5, 2020, 3:27pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/11 "2020-06-05T15:27:18Z")

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> [@roadrunner1659](#):
>
> 6/15 = 53%

If I remember correctly, 15K → 12K = 53% → 55%, 12K → 10K = 55% → 56%, but don’t quote me on that. How many miles do you need?

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<div class="post-metadata">

**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 3:28pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/12 "2020-06-05T15:28:51Z")

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Realistically, my wife should be fine with 12k, but she likes to be cautious. For example her current lease is with 17k per year and she’s way under.

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<div class="post-metadata">

**Author:** ![RustyDaemon](https://leasehackr.b-cdn.net/letter_avatar/rustydaemon/32/5_5575768a8748004e209b776fc1b2916d.png) [@RustyDaemon](https://forum.leasehackr.com/u/RustyDaemon)\
**Post date:** [June 5, 2020, 3:30pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/13 "2020-06-05T15:30:01Z")

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Gotcha. Good luck with your search.

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<div class="post-metadata">

**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 5, 2020, 3:31pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/14 "2020-06-05T15:31:32Z")

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Thank you.

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<div class="post-metadata">

**Author:** ![roadrunner1659](https://leasehackr.b-cdn.net/letter_avatar/roadrunner1659/32/5_5575768a8748004e209b776fc1b2916d.png) [@roadrunner1659](https://forum.leasehackr.com/u/roadrunner1659)\
**Post date:** [June 6, 2020, 2:54pm UTC](https://forum.leasehackr.com/t/2020-bmw-x1-assistance/260650/15 "2020-06-06T14:54:57Z")

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First dealer scoffed at that.
