Please rate my lease — 2026 BMW 760i xDrive, 15 months / 10k miles
First lease I’ve signed since joining the forum, so I’d genuinely appreciate a read on how this stacks up against what’s getting done right now. Learned most of what I know here, so figured I owed a write-up.
Brand new car. Not a demo, not a loaner, not an exec vehicle — 20 miles on the odometer.
The numbers
2026 BMW 760i xDrive
MSRP: $141,880
Discount before rebates: 16% off MSRP
Rebates: $9,000 total
$5,000 loyalty credit
$2,000 lease credit
$2,000 GKL loyalty credit
Term: 15 months / 10,000 miles per year
Money factor: 0.0008 (buy rate was 0.0005)
Pre-tax/Post-Tax monthly payment: $772/$851
Effective Monthly (No Disposition/Disposition): $993/$1,026
I asked if they’d throw in a set of floor mats and they just said yes. Extra win I guess
Well, you beat the marketplace offers by quite a margin and you got a much more loaded car, congrats on that! Post pics and your build sheet, want to see what you got there.
Couple of ideas for you down the line:
1 - try flipping it in about 6 months going into end of the month and end of the quarter in March to recover most if not all of your das (most likely to someone out of state who won’t care about CA DMV or our gas prices). Keep in mind that you cannot initiate a transfer in the last 6 months though so it’s going to be a short one month window for you to find both a buyer and a replacement.
2 - extend the lease for as long as possible to get some more juice out of that DMV payment. 2 months is usually by default, three with a little bit of pressure, six if you’re willing to go to bat talking to the fs and coming up with some “unusual circumstance”.
Definitely a nice hack, especially on your first one. Enjoy!
Just DMd you a video of the car that the dealer has posted. Not sure about LH’s rules about specifying dealer of sale (although based on my description shouldn’t be too hard )
That alone is HUGE! No rules about disclosure, it’s just the dealer may get inundated with some people expecting them to replicate your deal. It really boils down if you want to be nice to them and protect their identity or if you want to let the dogs out.
I think you got a very good deal. However, the lease could have been structured better so that DAS = 0.00 with 14 remaining payments of 1067.65.
No need to pay large out of pocket cash (2990.92) upfront especially when given large rebates. If cash is paid ufront, you could lose most or all of it in the event the vehicle is stolen or totaled. Remember, a car is a depreciating asset and an expense, not an investment. Use the cash to invest in goods and services or other more meaningful and productive investments.
So, of the 9000 rebate, I allocated 6019.63 toward the cap reduction and the balance used to pay all upfront fees leaving you with DAS 0. It shakes out as follows…
Bottom line: DAS = 0.00 followed by 14 monthly payments of 1067.65 each.
Yes, the monthly payment is higher. However, it would only be costing you an additional 38.54 over the term of the lease. Balance that against the risk of a total loss. It’s up to you and is a personal decision. There are no right or wrong answers. I’d rather keep the 2990 in my pocket for other uses.
Free advice here - never publicly share any dealer info since some folks are just going to ping that dealer and expect the same deal (even if they don’t qualify for loyalty).
Pretty much - called a few, most dealers agree to 12% off up-front
When I asked for 16-17% most laughed. I told the dealer I bought from that I’d come in an pick it up if you could do 18% off MSRP (vs 13% they had proposed after a few discussions) - landed at 16% which I was comfortable with.
I was happy with the spec vs others in the market - wanted this Individual Paint that came with the build.
you plan to pay $1400 CA registration for the last 3 months right?
ashamed to admit my naivety - I didn’t know this was an option.