BMW New Car Programs (and Retired Loaners with < 5k miles) - UPDATED 5/8/2019

I had two, the one I did on a 340 was a 58k sticker discounted to 38k. The other was on an X4 M40i discounted 22k

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For 24 mo BMW lease, does the MF stay the same as the 36mo lease or is the MF different for 24/36? Do I just change the RV by adding 6% and keep everything else the same for 24mo? Thanks, @Jon

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MF stays the same…correct

Awesome, thanks @mp11477

Do residual adjustments depend on series? For a 430i 24/12 lease for example, residual should be 62%?

The residual adjustments noted above for mileage/term would be applicable to all models.

Sorry for the noob question but I really could not find answer:
Does BMW lease cars with more than 10k mileage on it?

What I know:

  1. mileage between 500 to 5000, deduct (x-500)*0.25 on residual;
  2. between 5000 and 7500, deduct 4%;
  3. above 7500, deduct 6%

No.

In addition, cars with over 5k do take the residual hit you mentioned. They also take a mileage penalty too, just like those under 5k, and you lose all incentives.

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What time of year is best to find the largest selection of retired loaner vehicles?

What time of year do the incentives go away (if at all)?

Still struggling with determining the residual formula for cars with more than 500 miles but less than 5000.

Are there preferred dealerships that are willing to go closer to or above the 20% discount?

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For cars under 5000 miles, the RV % does not change but there is a mileage penalty. First compute the RV $ based on the %, you get the normal RV $ for a brand new car (under 500 miles). Now from that value subtract (odometer reading - 500) * $0.25. That is, the penalty is 25c/mile for the number of miles above 500.

Don’t know about preferred dealerships. I was able to get 20% off on a 430i GC but it was not easy. 15% is easy, 18% is doable, above is bonus. Many times your sanity is worth a couple % !!

At the end of the day, find a car you love, a payment you are comfortable with and don’t worry too much about squeezing the last $ out of a deal and don’t be too impressed or upset over special circumstances deals you see posted in the forums, some are very good but hard if not impossible to replicate.

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Nov-Feb is loaner extravaganza time

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Does anyone know of Honda lease deals?

I’ve heard some big deals on '18 Accord Hybrids

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Why would you ask about a Honda lease on a BMW dealer thread?

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Because Hondas lease worse than BMWs :slight_smile:

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I don’t think there are preferred dealership. I think there are those rare moments where a dealership just wants to get rid of a car and you happen on it at the same time. I got my 440GC for over 30% off MSRP (without credits or loyalty) at a dealership that many have told me is overpriced. In fact the dealer didn’t want to negotiate on my car a month beforehand. They probably thought they could move it. Then one day it dropped in price.

Know what you want. Watch multiple sites daily. Go make friends with dealers. Try to have fun with it. Subscribe to their email blasts (that’s how I found my car dropped in price). You’ll find the deal you want if you’re patient. Took me 2 months.

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What incentives or rebates can you use on a 540 loaner/demo lease and which can you stack?

Loyalty and college grad if you qualify, and whatever incentives bmw has.

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Has anyone seen any decent discounts for a new, ordered car? It’s really hard to find any with the options I want.

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I’m in the same boat. No decent deals for custom build 2018 X3 M40i. Best I got so far was about 6% off MSRP without incentives.