Advice: 2019 BMW X7 - MSRP $92,590 - 3 yr lease - Monthly with tax $1363 - Drive off $3576

This doesn’t look like a good deal but would appreciate your advice:

Region: California (Northern)
MSRP: $92590
Residual: 58% - $53702
MF: 0.00197
Term: 36
Selling price: $89090
Rebate: $2250
Adjusted Cap Cost: $88635
Maintenance Plan: $1795
License/Reg Upfront: $863
Upfront fees: $1040 (don’t know what this is)
Total Taxes: $4362

Drive Off: $3576
Base Monthly: $1250
Tax: 9% - $112
Monthly Payment: $1363

Much appreciated!

Awful deal.

TBH we prob won’t see dealers go too deep on these seeing as it’s the hot new big SUV…

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I would request an additional 2k off for this car at least to put you at invoice.

Any suggestions on what to push on?

$2k off of MSRP or adjust the other elements of the lease like MF?

Also, am I better off buying the car than leasing?

Invoice at least but if you’re bold ask for triple net (zero back end/front end/no products/base MF of .00165) Should help but it’ll still be pricey!

ask for an additional 2k off on top of whatever you’re getting. ask for a selling price of 87k based on your 92k msrp.

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For those of us who are still new to this, what do those terms mean specifically? TIA.

Agreed on invoice… but was just at a dealer the other day and they can’t keep X7s on the lot.

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No money made, just moving a unit for the numbers.

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If I can’t move them on the numbers, am I better off buying than leasing?

I’m not sure how you expect us to answer this question. What would be your loan amount? Are you able to afford that payment? Etc etc etc.

On a new unproven model? A German one at that?

No.

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Fair enough!

Yes I can afford a highly monthly payment but just trying to look at it from a financing efficiency perspective. But I get it, it’s a little apples and oranges.

Thank you!

Personally, I wouldn’t do it. I’d get a used certified 2017/2018 Lexus LX instead and wait for the X7 craze to die down by next year and then reengage.

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Yeah, that makes sense

Negative 1000 under invoice for a new X7 5.0 I have in stock, no worries.

Let’s roll. no dealer adds but will not do a 165MF.

Have several

589 doc, NC dealer 135 is out of state title fee, no tint, or other bs.

What is the MF bump? Is it the same for all models?

.001651 would be acceptable! :slight_smile:

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