I am waiting for end of December to see if I can get it to close to 70k on a 96k msrp
Oh man I forgot how not fun interacting with dealers can be. BMW iX offer received today:
$90,595 MSRP, $5,000 due at signing, $944 monthly including taxes for 36/10.
Not good
Have you worked out why your expected monthly numbers are so different?
Isn’t the tax rate in CA more like 10%. That is what your numbers $727 vs $790 imply. You are missing about $3K somewhere in your discussion with the dealer. It is most likely fees that the dealer assumes you are rolling into the deal versus paying at signing. He could also be adding so extras he has not told you about. That kind of discount usually comes with some add-one. The Finance guy needs to eat, too!
i don’t know how to “quote” someone, but i kind of agree with Wtmeyer here just above, thank you.
i am yet to visit the dealer, i was going to go yesterday but end up going first thing this morning. i am guessing either he’s rolling taxes registration and others into the monthly figure or he’s got some dent protection or something like that hiddne some place. i will review very carefully, i guess. will report after reviewing and possibly picking up the car.
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Is 12% off before incentives a reasonable target for an iX50? Based on the LH calculator, 36/10 with our 9.5% tax rate would equate to ~$757 monthly with $1,754 of drive-offs?
It’s ambitious.
Especially if vsommers is at East Bay BMW.
I will be interacting with dealers in the LA area
If you don’t know how much he’s asking due at signing, you CAN NOT compare monthly payments.
Right now, you’ve got no idea what deal they’re offering.
I’m pretty confident that’ can be done. I pinged 3 NorCal dealers and 2 socal ones and they all offered 12% before credit. But with 40 point mark up on MF. W offer d to meet in the middle at 20 points (0.0007) so I took the deal (and rounded up th discount to even number $12k. Good luck
alright. Just signed everything and got the car. Sweet.
Thanks again to everyone. It was super helpful as this was my first lease.
$97.5K MSRP
$12K off
$9,900 credit
.0007 MF
$2,400 drive off ( acquisition, commercial registration, first month and tax on discount and credit (do I need to pay this?))
7x MSD ( at 0.0006 each)
Monthly payment with tax is $643. Amazing deal. Hopefully it gets better for everyone in the next month (but not too much ;))
Very happy with the deal. Thanks again for all you help and advice.
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Sounds like a great deal, I got 12% off in October but full MF markup and of course worse program… You should consider sharing this on SIGNED because it has deal of the month potential.
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Please post the deal.
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Congrats on the new ride. The $9,900 rebate is taxable as are all consumer-facing rebates in California, AFAIK.
We would appreciate it if you could take a moment to share the deal on SIGNED! too, if you haven’t done so already.
As you know, the Leasehackr community relies on member contribution to stay informed and score deals. Posting your deal on SIGNED! is an easy way to give back to the community. As our token of thanks, SIGNED! contributors will be granted access to our private Hackrs Lounge where expert discussions happen (and where folks ask for MMR).
Each month, our editorial team would celebrate our handpicked SIGNED! deal of the month. The winner would be recognized on the forum if username is provided.
For your information, we have temporarily paused public access to uploaded SIGNED! contracts to prevent misuse. We are constantly working to build a healthy, productive space for our members.
Thank you for your contribution. Enjoy your ride!
@hechon not only deal of the month, I think it’s the best deal I’ve ever seen on an iX 50. Looking forward to you sharing in SIGNED. It’ll be great to ask all the agents to help chase down this deal for us in other markets too!
I believe someone did get a better deal (in sale price pre-incentive) back a few months ago before one of the big improvements in the program.
Not really a fair comparison though considering how juiced up the program is now. 
Congrats! However the previous calculator you posted with the same numbers has an effective monthly of ~$827. Am I missing something?
Here’s one I got from a dealer today. Looks like they added a mandatory “ceramic” coating for $995, and marked-up the MF from .00050 to .00111. Definitely not as good a deal.
Not marked up just lazy, They’re just not using the new program yet.
They’re probably still on the old residual of 53% for 10K too.