where did you hear that?
I believe they generally drop support in April except the recent past they have kept support for the i3 and i8 well into the next year i.e., through August 2016 last year for leftover 2015s. I do not think thatâll happen this year. Almost no chance for given the finite number of leftover i3s and i8s.
Theyâre trying to fight back to no. 1 sales in US this year. hopefully theyâll keep support, donât throw the towel on it yet.
From one of the dealers.
unless someone like the fleet manager said this i wouldnât believe an ounce of it. Heâs just trying to get you to lease now.
Bmw has already pulled support for several 2016 vehicles. And the residuals for leftover 2016s have plummeted to the point where 2017s lease better.
No one knows for sure except the high ups at BMW corporate. The dealer is offering an educated guess (that puts pressure on you to buy). He wonât know the program for April till the day it takes effect. That being said it would not surprise me if they pulled support for 2016âs next month.
Update, finalizing deal todayâŚany feedback would be greatly appreciated.
Total due at signing: $1k (first month payment + cap reduction)
36/10k Monthly: $537 (after tax)
Retail Price: $59k
Selling Price: 47k
Residual 58%
MF .00140
Itâs a 2016 340i with m sport, tech package, and a few other bells & whistles.
The vehicle has 2600 miles on it, was apparently a manager executive demo.
people were getting that car in the high 300s but that was last year so it all depends how bad you want the car.
Generally speaking, about $500+tx payment on a $60k car is not bad, itâs just a hard pill to swallow because youâre basically paying a lot more because your timing is off and also, at the end of the day itâs just a non-M 3 series and youâre making 5 series payments on a 3 series.
The two things about your deal that bother me (other than the price in general) is:
a) youâre paying down your payment via cap cost
b) at that payment i would insist on 12k mi/yr
Thanks for the feedback @305Hackr
When you say peole were getting âthat carâ are you referring to a fully loaded 340i vs. base 330? Because I recall even last year that same build was leasing for in the $500âs as I searched back then as well. Same thing regarding the â5 series paymentsââŚare you referring to a fully loaded 535/540 vs. base 528/530?
regarding the issues:
a) I agree about the cap cost reduction, but it works out as the typical âfeesâ and tag/reg. are all baked into the monthly, so $1k vs. $2k total due at signing works better for me, as the monthly is lower than i found elsewhere.
b) I can ask about the 12k mi/yr vs. the 10k, but i really donât know how much better I can do on the dealâŚas itâs already at a 20% discount (from what I can tell) and better than anything else nationwide I was able to negotiate.
Thnaks
No heâs right I distinctly remember a poster that went in getting a lower trim 3 series and ended up with an amazing $300s deal on 340i fully loaded. Look again.
It was this thread:
BMW 328i + 340i (Demo) Experience - CA[quote=âHludwig, post:1, topic:4239â]
Long story short. We settled on the 328, were happy with the numbers, only to remember that there was a manufacturers demo 340i (6 mo old, 3500 miles in). Literally minutes away from signing on the 328, I realized that we hadnât run the numbers on the 340, this is how it worked out:
Selling Price: 45,268
Residual: 37642.15
349.50/mo
1353.50 drive-off
2450.00 security deposit
[/quote]
BMWâs are just leasing poorly now. They just got rid of the tiered residual rates for the 4 series, so maybe once the number start to show that sales are declining they will have more support. Right now, unless you really want a BMW, its not a good time for most of their leases, and I say âmostâ. 2016 5 series and 2017 X3âs seem to be the best deals.
@jaylegend
I can tell you from experience that you can bang your head against the wall and never get to the payments found on this site when BMW takes away support/incentives. I was even considering leasing a CPO car around April/May last year just to get the payments down. When the incentives were amazing on the 528 CPOs last fall i jumped on that. Itâs all about timing so i would suggest you wait until they start pushing incentives again. Just look at some of Lobrantâs deals he publicly shared on here, those were all possible because BMW supported those leases.
Now is not a good time, wait if you can.
@305Hackr appreciate the insight. Unfortunately I have to turn my prior lease in by end of April, so need to act now and found that car I want, equipped the way I want. The programs are actually not all that bad at the moment because there is manufacture cash/incentives they used on the deal. Itâs literally 20% off MSRPâŚhavenât seen many deals that low before on this car. Itâs a done deal for me, but appreciate your feedbackâŚwas really looking to see what else I can try to do to chip away at this deal, but it looks like itâs as low as I can find this month on this car.
@jaylegend
at the very least, insist on 12k mi/yr. Tell them you didnât realize 10k mi/yr is less than 1000 mi/mo thatâs not enough for your work commute blah blah blah. They have room to give it to you. Youâre even paying cap cost on this deal, insist on it that way you have a little piece of mind. Good luck.
Dang I was planning on getting 430i
Do you know what a nice monthly or % off msrp is good for that car
2019 430iâŚat least 20% off. Depending on incentives payment should be anywhere from $150-350 depending on if you have loyalty or not.