BMW Lease Hunting

Hi All,

Haven’t been on the forum in the while but remember this amazing website (and its calculator) from 3 years ago when I was shopping for the previous vehicle (2016 BMW 535xi 65k msrp, 599 a month inc NY tax with 7 MSD and about $1,800 Due at signing). I think I scored a decent deal at the time but not the greatest…

Alas, time has come to renew my loyalty with BMW as the vehicles served me well through time. I have 5 more months to go but in March a baby is due and I don’t want to be dealing with car shopping. Early pull-ahead program would be ideal and of course I can extend the lease as well for a number of months.

Getting into X5 with similar MSRP in a similar price range would be great (but without MSD’s). My dealer said there are no pull-ahead deals around and it would make sense but…

I get this spam in the mail…

The letter is legit and contains dealership’s manager info, etc… Do you think I still get/ask for additional discount on top of these incentives? I am also eligible for Corp Disc. This isnt the car I want but for the $$, I will budge.

Let me know.

Thanks,
B

This ad is junk…they’re only discounting the new car 3300. Meh. You can do better.

There is no such thing as a 3300 preferred customer bonus. That’s just a cute way of saying “dealer discount.” The other 3k comes from BMW corporate, so wouldn’t affect the dealer’s pockets.

the only think useful in this letter is to inform you that there is $3k in loyalty on that car. You can ignore the rest.

:point_up:t3:what they said. this is basically a targeted ad from (assumably) the dealership you work with/got your current car from.
notice that they don’t mention any ‘bmw pull-ahead’ programs, meaning you will likely eat the remaining payments on the current 5er by rolling into the new lease (or ‘they can arrange your new payment and drive-off costs to be structured any way you darn wish’.
afaik, bmw did not release any manufacturer-supported pull-ahead programs in october. I am on the lookout for one of those myself to unload my current x5 a bit early, if the whole proposition is attractive enough.
I’d wait until nov or better yet, December if I were you (if you are not too particular about color/packages, etc.) newly designed 2019 x5 is right around the corner, and I expect once that hits the dealer lots, they will push the remaining outgoing '18 models hard. same for 3 series actually, but you are not interested in that given the happy addition to your family (congratulations, by the way!)
the only risk you are taking is potentially having a higher mf in December, being in the rising interest rate environment we are now, but I don’t think that is a major factor really, especially for the x5 that is in its last model year.
good luck!

BMW doesn’t do MSDS any more but will let you roll your current MSDs into a new lease. Do that. BMW MF is high.

Greatly appreciated for chewed down answers and recommendation. I will wait for December to deal with the car. Will monitor the forum for any action.

Respectfully,
B

Got the same email for my X1 which is due back soon, offering me a few grand off upgrading to a X2 next.

Current deal pending…

BMW Demo X5 3.5i MSRP 66.8k
Sale price 55.8k (16% off)
Miles 3.5k
Taxed Incentives 2.5k
Payment: $635

Drive off 2k (1st payment, bank fee, misc)

Thoughts?

Current deal pending…

BMW Demo X5 3.5i MSRP 66.8k
Sale price 55.8k (16% off)
Miles 3.5k
Taxed Incentives 2.5k (I am still fighting with dealer on this topic).
Payment: $635

Drive off 2k (1st payment, bank fee, misc)

Last thing, I have 2 payments in current vehicle and they are saying they will cover it.

What are your thoughts?

Any idea where to add existing miles to the calculator?

Are you talking about adding the mileage into the calculator? Multiply current miles on car - 500 * 0.25 (3500-500 *.25 = 750). Subtract that # from the residual dollar amount + divide by MSRP. This is your adjusted residual amount.

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