2020 BMW X5 loaner lease question (SoCal)

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1

Hi hackers :slight_smile:

Thank you for the community, really appreciate it. I learned a little bit about deals structure, lease details, I am not the expert yet:) Trying to understand if the offer I got it’s OK deal, not best deal. Saw some other hackers were able to get awesome deals with similar MSRP, different BWM models, packages.
Here’re the details:

Car: x5 loaner 2020.
Miles: 4900
MSRP: 63645
MF: .00126
RV: 33,260.80

Live in LA, 9.5% taxes.

Deal:
5k down
600 monthly
Tax included
Option to add MSD, checking how much it will be.

That what I have. Unfortunately dealership refused to provide more detailed information. Based on my research it’s a solid deal. I saw some hackers were able to get on similar MSRP 2-3k down instead of 5k which I would like to get, but from my latest shopping experience BMW So/North Cal dealerships are not willing to negation.

I am not in rush, have few more months for shopping. Question: should I close it and take the car or should I keep shopping. Shopping takes a lot of research time, long communication, negotiation process.

Thank you for your feedback!

2

The MF is fully marked up, but I can’t tell from the info you posted if the dealer discount makes up for it.

3

What was your target price on this vehicle, based on the current programs as they apply to you and your researched pre-incentive discount target, that you established before talking to this dealer?

4

Checked MF & RV from edmunds:
.00086 and 53%, adjusted residual is 51.27%, no incentives.

Looks like there’s a room for MF improvements.

5

Look at market place or search X5 loaner. I saw one with almost same total lease cost as yours but is $72K MSRP.