Year, Make, Model, and Trim: 2020 BMW M340i RWD
Monthly Payment: $ 650
Drive-Off Amount: $ 1,100
Annual Mileage: 10,000
MF: 0.00128 (dealer marked up to 0.00168 I believe)
Residual: 61% (59.8% because 3500 demo miles)
Incentives: Conquest (2k), Lease cash (1k), dealer discount demo $7k
Region: Houston, TX
Leasehackr Score: Roughly ~8.4 years
Leasehackr Calculator Link: Hard to show, everything was rolled in except 1st payment and some fees ($1100 total). If someone knows how to show this on the calculator I’ll be happy to post this.
This is a notoriously terrible dealer in Houston. They generally don’t offer anything worthwhile and refuse to work out good deals (I have tried in the past). As you can see, they were still jacking up the MF for this month and acted bewildered when I mentioned it’s actually 0.00128.
My buddy found this loaner that had been on sale for roughly 90 days, and we decided we’d try and work out a deal. Got it down to $650 and $1100 DAS which includes the first month payment, everything else rolled in.
Not the best deal, especially when you consider the higher MSRP cars being signed in the tri-state area and also CA, but for TX this seems like the only 2020 M340i deal posted.