Hey all - looking at leasing a car for the first time in a while. Got a great deal with help from this forum 5 or so years ago so appreciate any feedback in this current environment.
Looking at a loaded up BMW 330i the last month or so and have gotten laughed out of anything below MSRP or even a $1-2k market adjustment until today. Need to get something before January, lucky me. Looking for input on how to get better.
MSRP $538xx — no discount, not eligible for loyalty/conquest
Terms: 36/12k
Rebate: $1k corporate incentive
MF: .01111
RV: 57%
Have had to push to get MF to what I’ve been told is base, and to get a $2k market adjustment off. Takes it to a $785 monthly, first month at signing. When I run the calculator, I match this — I just am trying to figure out other levers to improve.
Appreciate feedback on it, inclusive of - go get something else
Thank you @jeisensc – have tried marketplace and a broker, who told me I wouldn’t be able to get much better than MSRP and woudn’t take me up on looking around for me…
This one includes Premium, Driving Assistance, M Sport, Shadowline packages if it makes a difference.
Ordering-wise, because I need something in the next month I’m a bit locked in, but will give that another try for something on it’s way, thank you for the recommendation.
Personally, I wouldn’t pay that much for a 330i, even a loaded one. Unfortunately, not that many levers left for you to pull since you need a car in the next month.
You stated you reached out to a broker. Was it @Bostoncarconcierge? He services MA and works with a few other luxury brands.
Most cars do not lease well. They do not have the programs (RV, MF and incentives) to be good candidates for lease-hacking, regardless of what dealer discount you can negotiate. This is truer now than it has ever been. Which means you cannot start your search with a particular car or cars in mind, and then find a way to make them lease well.
It will be like pushing a boulder uphill while pulling teeth, and you’ll still probably have a bad deal in the end. You need to start your search by filtering only the vehicles that are leasing well right now and offer good value per dollar.
Check out the “Share a Deal” and “Marketplace” sections of LH forums to decide what’s leasing well and pick a vehicle that is already proven to offer good value.
Remember, there are no magic wands that can save a deal from poor programs (RV, MF, and incentives) and/or poor discounts.
Improve by finding/configuring a 330i with less options. Do you really need every single option that comes on a 330i for a 3 year lease? Imo, $54k for a 330i is absolutely ridiculous.
Fair enough - appreciate the points from both of you. MSRP at ~$48xxx didn’t get me a significantly better monthly/MSRP ratio at the dealers I’ve visited, so I’ve gone with the feature set I was interested in. Would love to hear if anyone is getting significantly better deals on any 330i’s in MA at the moment…
I’m aware. I guess I worded it wrong. My point was that as far as 4 cylinders go, S60 has the best deals in its class at the moment. G70 for 6 cylinders.
