Hey all! I’ve been talking to quite a few dealers in my region and curious what you guys think of the numbers on this deal. Seems like X3 M40 loaners are few & far between so was excited to see a few pop up.
I was able to get to 11.5% on brand new. With this particular loaner, we’re at 16% before incentives. 22.6% after incentives…
What are you talking about? You get the money back if the car gets totaled. If you’re going to say something at least make sure you know what you’re talking about.
For the stock part I can’t comment, you sure can get multiple folds of what you invested in just months, or toilet papers (well toilet papers are probably not good examples at the moment lol). Even using 7% return minus the capital gain taxes, MSDs are still much better on paper not to say vs savings account.
For transferring leases, at least for most cases I’ve seen here people make deals to recover the MSDs upfront from the tranferee and the later will eventually collect actual MSDs back when turning in the lease. It’s a reasonable practice but of course you can give up the money if you just want to dump your lease.
I’m pretty sure you get MSDs back when it’s totaled, technically less whatever GAP doesn’t cover if there’s any.
most people dont wanna pay for MSD during transfer, I have transferred three times in my life. everyone tries to bargain you down for 0 pay to you and just paying the monthly payment.
Stock market is a gamble, but I would rather have that gamble on volatile stock instead of saving 30-50 bucks a month. my point is, leasing companies know MSDs benefit them more than it benefits you, they are not stupid and they will always try to make the most money.
We’re obviously talking about BMW here… and BMW returns MSD’s if you total a car buddy. I do this for a living… you do your research before you talk . You don’t get it back if you transfer the lease but you do get it back if you total the car.
I think we just had a bit of miscommunication, we are both researched but I was speaking more in general term and your reply was more specific to this thread and bmw
I remember a case with Mercedes where an unlisted driver totaled the car or he/she didnt carry enough uninsured motorist coverage, and the gap didnt not cover the whole thing and the MSD was gone.
Sounds like more BS from a guy who got called out and is now making shit up.
Even if the scenario were true, cash is cash. They’re gonna come after you for it. Unless you don’t care about collections and your credit, you’re gonna have to pay.
. You don’t get it back if you transfer the lease but you do get it back if you total the car.