This was the offer I received on an 2024 M Sport 330i demo. From my research this is the only 2024 demo remotely close to my area. Offer has the MF bought up 4 points and mileage is high killing the residual. What would be a best case deal in this situation? Base MF + additional discount to pre-incentive sale price. Not too familiar with a target discount on a high mileage, previous year demo. Any advice helps!
2024 BMW 330i Xdrive M-Sport
MSRP: 55430
Sale Price: 41,890
Gov/Doc: 335
Tax:1668
Acq Fee: 925
Gross Cap: 45,373
Rebate: 2500
Net Cap Cost: 42,873
36 months
12k miles
MF: .0022 (+.0004, base .0018)
Residual: 51.596 (adjusted from 56%)
Demo mileage: 10,374
Effective Monthly: $555/mo
Hackr Score: 8.4 yr[quote=“Kixchane, post:1, topic:668512, full:true”]
This was the offer I received on an 2024 M Sport 330i demo. From my research this is the only 2024 demo remotely close to my area. Offer has the MF bought up 4 points and mileage is high killing the residual. What would be a best case deal in this situation? Base MF + additional discount to pre-incentive sale price. Not too familiar with a target discount on a high mileage, previous year demo. Any advice helps!
2024 BMW 330i Xdrive M-Sport
MSRP: 55430
Sale Price: 41,890
Gov/Doc: 335
Tax:1668
Acq Fee: 925
Gross Cap: 45,373
Rebate: 2500
Net Cap Cost: 42,873
36 months
12k miles
MF: .0022 (+.0004, base .0018)
Residual: 51.596 (adjusted from 56%)
Demo mileage: 10,374
Effective Monthly: $555/mo
Hackr Score: 8.4 yr
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That’s a good discount pre rebate. I personally wouldn’t be comfortable with 10k miles on a loaner, you will very likely need to replace the tires before your lease ends. I would negotiate for a maintenance plan and throw MSDs in to soften the MF.
Hacking is all about timing and selection. As of March one could have gotten a C43 AMG for less. Even now one can probably get a brand new C300 for less
This is where I’m getting hung up. Less so on the price but the mileage is very high for a demo for still being over 550/mo. I love the styling of the 330 with M Sport but without it I wouldn’t even consider one. Being the only one left I can find on 24’s is the only reason I’m considering.
I’ve never seen a C43 for less than 550/mo unless I just haven’t been paying attention to MB market close enough. If that was the case I’d close on one today. On this specific deal I don’t know how much better the timing could be on a 24. Do you have a pre-incentive % in mind would make this a no brainer?
% discount doesn’t really help when programs (RV, MF and rebate) aren’t good enough.
Brand new 3-series haven’t had good programs in forever. A demo with high miles and a huge RV deduction, is there any reason to expect it will be better.
Make no mistake this is a used car. And the worst type of used car: a rental. Which was fine when they used to be underpriced (lease payments used to be dirt cheap on demo F30s). Why would anyone pay this much for a former rental?
Square pegs don’t fit into round holes … every car cannot be made to fit into a lease hacking strategy even with a loaner/demo. you gotta decide whether you’re a value-oriented guy in which case be brand-neutral and pick the most hackable car. Or you’re a brand-oriented guy in which case you focus on one car and pick the best strategy for it (lease vs buy new vs buy cpo/used).
As of March the two best values in this segment were leasing the C-class and G70 or buying a one-owner used 330i if a 3-series was what you only wanted.
