Basic infomation-BMX X5

Ask the Hackrs
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1

Hello guys, I know more information will be needed, but wanted to know where I should begin negotiations. I have two months left on my current lease.

Year, Make, Model, and Trim: 2020 BMW X5 SAV x40i
MSRP: $66345
Sales Price: $59.645.00
Drive-Off Amount: $2558.47 total DAS
Months: 36
Annual Mileage: 10,000
MF: ??
Residual: 54%
Incentives: $2,0000
Region: NYC
Vehicle has 4800 mi.

Monthly payment 824.47

Here’s the initial dealer sheet specs
Cash Value Retail:$66345
Discount:$6700
Sales price: $59645.00
Total Rebates: $2000
Total Cash and Rebates: $2000
Aq Fee: $925
Advance Payment: $824.47
Upfront Charges: $1734
Total Cap reduction: $2000
Residual amount: $35826.30
Due on delivery: $2558.47

2

By getting the rest of the information. You need to know where you’re starting to plot a course to where you want to go. Bare minimum, that discount isn’t cutting it for a 4800 mile loaner.

3

This is a terrible deal and because the seller has already anchored themselves here, the chances of a good deal starting from here are close to nil.

Learn how leases work, use all the info from the forum to benchmark and then make offers to other dealers.

This ship has sailed. Move on

4

Use a broker @Bostoncarconcierge works in NE.

5

@gyasih As everyone said it’s a terrible deal

Based on the looks of your rebates you have loyalty and lease to lease, which is great.

Also, the 21s are a better value because you gain a point on the RV.

Are you in New England? If so, I’d love to help.

If you’re in the Northeast, outside of New England, there are many great brokers here who can assist.

6

Thanks for the feedback. I am not wedded to the dealer. I have been looking an this didn’t “feel” like a good deal and even the numbers looks terrible.

7

Thanks, updated post to say NYC.

8

Check my posting out i leased a same x5 with same msrp my numbers are listed with only 500 miles