@nyclife I managed to take this deal down to $410, first month included. That said, $410 x 35 months, which is about $398.6 per month!
They offered the Tire and wheel protection plan, as well as the Extra wear and tear plan, that took the payment up to $449. I signed for them since I had to make a decision but I have 60 days to cancel. Do you think these are worth it?
I believe BMW FS will waive the acquisition fee at a certain MF markup, which is probably what’s happening here. That usually works out better, but you’d have to see the numbers.
The tire and wheel protection is never ever ever worth it. The value covered is based on the wear of the tires and they can and will find anyway to shortchange you there. Wheels, even BMW ones, can be straightened and resurfaced for about $100.
On the other hand, the wear and tear plan can sometimes be worth it, in my opinion, because, oddly, it covers tires. It really depends what you’re paying for it and if you have any plans for end of lease. If you’re fairly sure you’re going to get another BMW, for example, then you’re unlikely to be hassled over questionable tires. If you just want to be able to walk away at the end, it can be nice peace of mind to know you aren’t going to get hit with a surprise bill for $1000 of tires.