BMW 530i Loaner Lease in CA

Ask the Hackrs
1

Hi all, super new to the game here but I’ve been trying my best to absorb y’alls wisdom like a sponge. I’ve been looking at a 2017 BMW 530i w/ M-sport and found a few dealer loaner cars up to leasing.

MSRP $59505
Selling Price $51,888
$1000 Lease Rebate
$3888 total drives
$518.98 plus tax On Approved Credit

  1. What is a lease rebate? Does this $1000 bring the sale price to $50,888?
  2. Why do some dealers have high drive-offs in the thousands wheras others seem to have low-drive offs in the hundreds?

My credit is in the 800s and I currently drive a 2015 X3, though I’m not sure that any loyalty programs will apply here. Any thoughts and guidance on how to move forward or things I’m not seeing?

Thanks so much!

2

Selling price they’re quoting you probably includes the $1000 rebate.

You should be looking to get 20% off MSRP for loaners, BEFORE any rebates and incentives.

Punch their numbers in the lease hacker calculator see if it makes sense.

Edmunds, Autobytel will have the rebate information to see what you qualify for

3

looks like a deal from crevier bmw.

4

wow 20%! That’s pretty eye opening. I can’t even imagine how I would be able to negotiate that down. The dealers seem quite iron willed. Is it a matter of timing? As if the end of the month draws to a close they might feel incentivized to dig up my email and see if I’m still in the market?

And 20% is off of original pre-loaner MSRP correct?

5

Yeah man, that’s how dudes on these forums are driving 60k Mercedes for $250 a month! Lol

Patience is a virtue