BMW Leasing Wiki

@michael For the unused mileage credit, it turned out you have to lease a new BMW/MINI 2 months prior or within 6 months your lease return. The credit has to be applied to your new account. I returned a MINI earlier this month and was expecting to see the credit applying to my end of term charges. I called MINI FS today and told them to apply it to the new BMW account under my wife’s name. Otherwise, we wouldn’t receive any credit for unused mileage.

I would think the answer would be yes. I have done it with Toyota for sure.

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This post is awesome! Lord knows I was lost on the forum thank you!!

Does anyone have any suggestion on how to get dealers to remove acquisition fees?

Is there a link with the explanation or qualification for each incentive?

They’ll remove it but it’ll cost additional interest. (50 basis points)

Worth it when you hack cheaper loaners practically down to nothing. (20% or more before incentive) and are using a shorter term like 24mos.

Totally lost I’m sorry :pensive:

Will the additional interest it cost be rolled into the monthly?

I’m really hoping to get a demo/loaner - can you please explain that part ?

If buy MF is .00150 (this is just an example), dropping the acquisition will raise this to .00200.

This is only worth it on shorter terms where the difference between RV and sell price/incentives is lower than average.

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Okay thank you

I’m being told by a dealer that BMW will not allow pre-payment of the acquisition fee without increasing the money factor by 10 basis points. It seems that the dealer is confusing waiving the acquisition fee with prepaying it, but perhaps someone here can confirm whether pre-payment without an increase in the MF is available with BMW?

That’s my first time hearing that one. Obviously it’s not true.

Thanks! They also didn’t know about MSDs and had to confirm that with BMW as well.

If you pay $925 upfront then you pay 925 upfront, doesn’t really matter if it is acq few or not.

ok, thanks, that makes sense. I guess I got caught up with the pre-pay button on the leasehackr calculator.

Uhmmmm…what. No that’s horseshit. Speak to someone higher up or move on because they’re obviously trying to sandbag you.

There are actually a surprisingly large amount of BMW dealers/CAs that do not know of MSDs or how to do it. The .1 markup for paying acq fee upfront is definitely a new one :rofl:. I’d talk to someone higher up at that dealer.

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Can MSD and 1-pay be combined to get the MF reduction from both?

No. One or the other

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I have seen deals where BMWFS will make an exception to the rule and apply the lease credit/loyalty (for instance if the vehicle has 5018 miles, they will still allow the lease incentives)

Has there been a case where they also disregard the additional residual drop?

Anyone have any experience with this? If they disregard the residual drop I just may pull off the deal of the millennium…

Anyone know if there is any exception to the 24 month rule for college grad incentive (ie would they accept 26 months ago?)

Who decides time a customer qualifies / could make an exception…the dealer or BMW FS?

Doubtful. They get all FBI on that particular incentive…