I’m in FL and looking to lease a car from the Tri-State area since dealers there are more willing to play ball. I’ve been calling multiple dealers and found a car that I like.
This is a 2023 540i ex-Loaner car with about ~10k miles.
The sales rep sent me this screenshot, and I’m trying to figure out how I can make this deal better and not leave money on the table.
I just got 19% off pre incentive on a 2023 loaner 530i xdrive. Around the Chicago area there are still several 540i xdrive loaners out there on dealer websites. Find them and make an offer.
625, 0 down, no trade in. (Chicago area - so OP should do better) I believe @Zenking got a better deal but I didn’t want a 530 and had specific color requirements.
I’ve located a different one with the exact color combo I want, and am currently at $725 plus tax, 12k miles, only first payment due at signing. MSRP of $72.5k.
Sadly I don’t have Loyalty which would have saved another $40/mo.
The dealer is at 21.5% discount and won’t move any more, and also marked up the MF from .00190 to .00230 and won’t budge.
I can try pushing the dealer for more but it seems like I’ll need to be ready to walk, and I don’t think I can find many more of these 2023 540i loaners that are still leasable, especially with the features and color combo I want.
If you account for the MF markup, what is your adjusted dealer discount then?
Is lease cash still $1500 this month? Where do you want to be payment-wise?
Make the dealer an offer, say $650/month, if that’s where you want to be. Let them figure it out and be prepared to walk unless you really want the car.
Accounting for the MF mark up, that puts me at around 19% dealer discount.
Yes, $1500 lease cash is included in there.
I want to be at $650/mo plus tax and no loyalty. So right now we are $75/mo apart, or $2700 dealer discount, which based on the conversation with the dealer I don’t think they’ll give me.
I really want the car, but also don’t want to lock myself into a bad deal.