Good Morning Hackers,
The current lease on my 2016 535ix is coming to an end in September. I felt I got a pretty good deal last time when I got a '16 535ix that had a $69.2K MSRP, demo, negotiated down to $56,xxx, and was out the door for FMP only at $652/month. Back then BMW was bumping residuals to 66% on the outgoing F10 models.
My dealer is on me now that the lease is near the end and they’ve put forward two deals for me to consider and I’m wondering what the thoughts were on these two deals:
Note that both deals include them taking my existing 535ix in at delivery. I figure I owe around $1,950 on that car, which I assume is eating into these two deals by that much.
540ix:
MSRP: $67,595
Residual: .59 / $39,881
MF: 0.00165
Tax: $2,384
Initial Cap Cost: $62,900
Additional Cap Cost: $1,104.81(I believe this is acquisition + registration)
Rebate Amount $5,500 (Rebate on '19 540 until 06/2/19 + Loyalty Rebate)
Adjusted Cap Cost: $60,889.80
DAS: 975.89 (FMP + 196 “annual fees” + $25 “Initial Fees”
MP: $754.89 ($754.89/$67,595 = ~1.12% of MSRP)
530ix:
MSRP: $60,885
Residual: .59 / $35,922.155
MF: 0.00165
Tax: $2,164
Initial Cap Cost: $56,850
Additional Cap Cost: $1,104.81(I believe this is acquisition + registration)
Rebate Amount $4,500 (Rebate on '19 530 until 06/2/19 + Loyalty Rebate)
Adjusted Cap Cost: $55,619.30
DAS: 919.18 (FMP + 196 “annual fees” + $25 “Initial Fees”
MP: $754.89 ($698.19/$60,885 = ~1.15% of MSRP)
Do these seem like decent deals? The rebate amounts are pretty attractive on these two cars, at least on the surface. I have no issue riding my 535 out until lease end either, but I’m not sure if the rebates will be hanging around at that point. I think they are only offering about 7% off of MSRP, but considering they are going to have to absorb $2K of my lease balance, I’m not sure they will budge any more.
Seems the unicorn deals are tough to find here in Chicagoland. If I lived in SoCal, it seems they’re plentiful 
Thanks for any advice!