want to lease a.bmw 2021 430i, 3459mile, so is pre-owned. Dealer price $49630.$6000 and $450 a month 12000miles.is this a good deal, seems dealer can not lower anymore. I thought down pay too much, but comparew what is on BMW website, it is much better? so confused.
Is it pre-owned or a demo/loaner?
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It’s impossible for us to tell you anything about this deal as we don’t know any of the relevant details like MSRP, pre-incentive discount, incentives, MF, etc.
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Loaner?
Find all the relevant information as these other guys said.
Having a pulse will get you to beat the advertised deal so that alone isn’t a good target
Your down payment is pretty high. You should ignore what is posted on the dealer site as there are a plethora of additional fees added on. Focus on getting a discount off the MSRP check the forum to see what others are getting.
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The discount seems pretty small, especially for what i am assuming was a loaner. And the downpayment is also very large.
You got just 6% discount. For lonaer it should be at least 10% accounting current inventory and seller market… Check marketplace here . I have seen New 5 series units discounted 10-11%.
Thank you.
Thank you. for your response
This deal is awful and you should not put $5500 down.
so how.much downpay is ok? may be 2000,and keep. 450 month pay?
I wouldn’t pay more than 2k down.
Probably not a lot of 4 series loaners out there but still, you should be able to better.
The best place to start is
Please read links in there such as “how to calculate payments” and other helpful articles.
It might seem like a lot but TBH there are fewer <60 minute exercises which will save you so much time, money and anxiety over your driving lifetime.
It may also save you (after your negotiations with LH input) inside the finance office where no one can from the internet can really help you.
Remember, it’s almost impossible to reverse-engineer the math starting from the output (monthly payment) and figure out if it’s a good deal. Start at the beginning.
Everyone will have different opinions on what a “good” deal is for any given car. At the end of the day, it comes down to how you feel about it. Here are some Lease 101 tips that we’d recommend:
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