BMW 530e xDrive LOANER - $474/mo - CAN I DO BETTER?

Ask the Hackrs
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Any room for improvement? Any incentives I am not aware of?

Also, initial quote was $699/mo, $949.76 DAS

MSRP : $62,235
Sales Price : $50762.50 (18.4% off)
Rebates : $3,250 (Conquest & Lease Cash)
-I don’t currently own a BMW and I’m not sure what the OL incentive is
Mileage : 4,800
MF : .00145
Residual : 61%
-ADJ Residual : $36,960.85
MSD : none
36mo/10k

Due At Signing : $903
$474/month
Leasehackr Score: 11.2 years

Central Indiana

2

200 more miles and there is a 7% residual hit, have some of your buddies test drive it and offer 20% next week when it’s at 4950 miles LOL

Actually though, not a bad deal at all for a semi-loaded 530e!

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Got mine brand new for 480 including tax. 3500 DAS but got it back on rebates no MSD. 1k from BMWCCA, 2500 from sce and state. 12k/36 also

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  1. MSDs, if available in Indiana, should reduce this by $30/m.
  2. Ask for 20%. That would be pretty good. Have someone test drive it like mentioned :stuck_out_tongue:
  3. You usually have to goto a BMW event to get an OL code for $500 ($15/m). Not sure about mid-west but here in CA, almost every dealer has one a month.
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Hello

Also looking to get a loaner MSRP 59500, 3300 miles.

Price before rebate is 52000, 5500 rebate.
Total including TTL is 50500.
Is this a good deal?
Also contemplating if the heads up display is really essential. I like it but this one does not have it. O

Can anyone refer me to the BMW CCA voucher or provide a link?
Thanks

7

12.5% isn’t great for a 5 demo/loaner.

3,300mi:
Ask for 16% before incentives at buy rate and if you get close or on the nose, sign it.

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You could probably do better if you’re willing to travel, but for central Indiana that’s pretty good. The luxury dealerships here have monopolies and plenty of people who think 5% is good on a loaner, so they don’t have to deal like in other markets.

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Quick update-

I was able to get an additional $500 off the initial 50762.50 sales price (50262.50, 19.2% off MSRP)

And Carvana, after letting my first 7 day offer expire, ended up increasing their offer on my 2018 Accord (essentially cutting me a check for $1,420). I have been leasing my Accord 1.5T Touring for only 12 months, so was very happy about that.

Even though this is frowned upon, I went ahead and applied the $1,420 to my downpayment. Car money is car money to me. I’m sure others will disagree.

Taxes, fees, first month was $903. Add the $1420, total due at signing was $2323. $388/month + tax.

Leasehackr Score: 11.6

Picked up the car last night, very happy! Thanks for the assistance, folks!

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