2024 BMW iX50 Lease Question

Ask the Hackrs Buy/Finance
124

Tell them you will take 2 at 12 and include me

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125

Mocha interior?

126

This seems like a pretty good deal. I am in pnw, and this seems worth paying extra to the iX shipped over to Seattle. Tougher market to get good deals here.

127

Whatā€¦ I thought the only BMW iX youā€™d drive would be this one.

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128

I got a 540 a few days ago :roll_eyes:

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129

Hope that means youā€™re moving on from Tesla.

130

We should open up a group order :slight_smile:

131

We may have enough allocations for such an undertaking but Iā€™ve had less than great experiences with such prospects.

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132

Carvana holding that bag now

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133

Shift held my Model 3 bag so hard they had to file bankruptcy.

Hope you like your soon-to-be iX!

134

I have a dealer marking up the MF to .0009. Iā€™m fine with that if he would honor the one pay reduction of -.0007 to .0002. Heā€™s saying that one-pay MF is .0004 and set by BMW. Is there any truth to this?

If thatā€™s indeed the case, the obvious move is to swap to max MSDs (assuming he goes by the book there).

135

I would ask him for the bulletin that states that (It doesnā€™t exist)

The minimum sale buy/sell rate is .00005.

136

As in 10 MSD with each being -.00007? That sounds like MBFS and not BMWFS

137

then its about the same as max MSDs?

138

BMW one-pay reduction is -0.0007.

The maximum MSD reduction for BMW is 7 MSDs. Each MSD reducing MF by -.00006 for a total reduction of -.00042.

If you calculate the cash flows, a one-pay with reduction of -.0007 is optimal assuming 5.25% risk-free interest rate and factoring in marginal tax rate.

If the reduction is only -.0005 as quoted by the dealer, then it is optimal to forgo the one-pay and lease with the 7 max MSDs (difference only .00008).

At the end of the day, all weā€™re doing here is trying to structure deals that are optimal for our financial situations and the collective knowledge is powerful which makes this forum great.

Regardless, there is still a lot to negotiate to make a deal with this dealer.

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139

Thoughts on this offer for a custom build xDrive50? I havenā€™t asked for max MSD yet, so will need to factor that in. Based in the Bay Area.

Term : 36 Month
Miles : 10,000 miles/year
MSRP: $100,295.00
Discount: $12,035.40 (12%)
Selling Price: $88,259.60
Rebates: $9,900.00
Your Discounted Price: $78,359.60
Residual Value: $54,159.30 (54%)
Down Payment: $0
MF: 0.0005

  • DMV Fees: $1,002.00
  • Purch Option LEV Add: $300
  • Disposition Fee: $495.00
  • Acquisition Fees: $925.00
  • Due at Signing: $0
  • Base Monthly Rental: $839.95
  • Estimated Monthly Taxes (8.625%): $72.45

Monthly Payment: $912.40

1 Like
140

How do you feel about sinking the boat in the Atlantic? Say, of the Portuguese coast?

141

This deal is pretty much unbeatable right now isnā€™t it? How could you possibly reduce it even more!

142

Intending to do so with 7 MSDs.

Not sure about some of the fees in there e.g. Purch Option LEV Add of $300 and DMV Fees of $1002 (I checked DMV and it should be $899). But yea these are marginal.

143

Purchase option isnā€™t charged unless you actually purchase.

You can avoid the disposition fee end of lease by hopping back into another BMW or buy out the lease.

The DMV sounds about right based on the numbers we pull regularly when selling to CA buyers.