Not a good deal but how can I improve? Discount pre-incentive is 2.7% (very low but given the chip shortage and everything, is is realistic to get 6% or more?). I am aiming for mid $600 range with no MSDs.
Location: NY
Model: M340i xdrive
MSRP: $64,070
Dealer Contribution: -$1,730
BMW OF MANHATTAN PRICE: $62,340
Manufacturer Rebate -$1000, College Grad -$1000
Selling price: $60,340
Mileage: 36/10
Monthly payment: $766
I don’t know the exact MF but I tried to input the numbers and got below:
Doesn’t look too bad in the current market (big qualifier). I’d check if brokers are offering better discounts on this model before signing anything. In order to improve the current deal you’d need to set a total lease cost that you would accept paying, and then ask the dealer to get there however they want. Although you likely won’t have much luck because chances are they can sell it at MSRP to someone else, this is a hot car right now.