BMW 320i lease deal

Ask the Hackrs
1

Hi Everyone,

I got a lease quote for a new 2018 BMW 320i. The numbers are below.

MSRP - 40580
Dealer Discount : 2877 ( 7% of MSRP)
Incentives : 2000 (lease cash) + 500 (Costco) + 1000(New Grad Discount)
Selling price : 34203
RV : 59%
MF : 0.00186
1500 down and $429 per month.
Term : 36 months/12k miles

From the above numbers I could see that the dealer has reduced only 7% off MSRP and he is not ready to go further. I’m interested in somewhere around 10-12% discount before applying the incentives. I live in NC and most of the dealers are giving me similar numbers.
What is the reasonable number for this car ? Also what dealerships (any manufacturer)are giving good lease in NC ?

Thanks in Advance.

2

Find the “loaner to owner” thread and start with DMV dealers

3

eeek that doesn’t sound good. There was another 320 thread earlier today - that should be the kind of deal you should be aiming for. It’s a bit different but still, same selling price but 6k higher MSRP.

4

What’s a DMV dealer?

5

DC, Maryland and Virginia

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6

Thanks. I have noticed that DC-area dealers seem to often have the best prices in the nation, and certainly on the east coast.

7

whoahh, talk about comparision…my selling price didn’t even include rebates.

If you do a one pay, I will hook you up with a similar deal as mine.

It’ll be about $750 more since you don’t qualify for loyalty tho. you can round it up to 1000 and send me $250 for doing all the leg work for you :slight_smile:

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