Bmw M340 lease GO or RUN?

M.S.R.P.: $ 57,135.00
Sale Price $ 50,851.00
36 months lease
10k miles
Residl Rt/Amt: 61.00%$ 34,852.35
$2,000.00 BMW Loyalty Credit
$1,000 BMW Lease Credit
$0.00 Down Payment
Minimum Drive off fess Due at Signing $2,502.00
Base Monthly $ 480.24
Mnthly Use Tax 9.5000% $ 45.62
MONTHLY PAYMENT: $ 525.86

With Max MSD monthly will be $498
Drive off total 6000
3500 MSD and 2500 docs etc
Go or run???
Thanks

Looks like they are using base money factor and 11% off MSRP before incentives.

It seems this is new, and not a loaner.

For an M340, this is a good deal!

3 Likes

Looks good except drive off, can you ask them to get it down to less than $1800.

“Brand New”

Where did you get this number?

:bat:

4 Likes

I was just about to ask that. I’m sure they’d take it down to 0 if OP wanted…increasing monthly of course

7 Likes

Definitely a good deal. If you like this car, I recommend you go for it. Hopefully they stick to the deal.

@momuG
Those are drive off fees (which he can roll into his monthly if he likes). There’s nothing to “reduce” unless they give him more of a discount.

Lots of folks recently just pulling digits from the sky with suggestions it seems to me.

It’s fine to say “I think I’d shoot for 12% discount, or another $XYZ off the MSRP”

But just “aim for X” without rationale is one over helpful.

:bat:

7 Likes

Dealer plus bank fee???

925 bank fee

11% off and buy rate is really solid. 12-13% is achievable in your market, but will take some work.

You should feel good about this. Consider MSDs and go for it.

This is my life on a daily basis.

1 Like

Why isn’t anyone mentioned what year is this model referring to?

Let’s start there

because there’s only a 2020 model

4 Likes

Its 2020 sir

Brand new model M

This isn’t going to come cheap no matter until the 21s come out

The heart wants what it wants

Yes, reducing the drive off / down with increased monthly. Sorry I was not clear enough.

How did you arrive at the number of less than $1,800 though? That’s the real question. How was moving ~$700 from DAS to monthly going to improve this deal?

If the answer is “I just pulled it from the sky,” then you should consider learning more before giving advice.

:bat:

1 Like

@anon92897398 I already apologized.
Just to explain, it did not come from sky, what I wanted to say is roll in the acquisition fee (or some part of it) into monthly so that, not so much due at signing. I will not advice henceforth.

Hey peeps chill…
were here to learn…
and help each other…