BMW Loaner Miles Lease Limit 5,000?

[anique]

I remember it being 15k miles, with a large residual drop (7%-9%) and lose the incentives after 5k miles. Some old posts mention it too:

@michael

Executive, Loaner, and Demo Cars

Exec/Demo cars can be leased and qualify for lease cash, corp fleet, loyalty + recent grad provided an equivalent new model of the same year has lease support from BMWFS. MSDs, USAA and OL codes can also be used, provided the vehicle has less than 20,000 miles. Mileage under 20,000 is subject to a residual reduction of $0.25/mile or $.30/mile less 500 miles.

I.E. 3 series with 5000 miles. 5000-500 = 4500 * .25 = $1,125

I.E. 7 series with 5000 miles. 5000-500 = 4500 * .30 = $1,350

The car must have 5500 miles and 4 months of service.

the loaner has > 7,500 miles, there is a further 7% residual drop in addition to the mileage penalty.
(Unverified at this time).

You will also lose ANY incentives (Lease Cash, USAA, OL Codes, ETC…)