BMW X1 Loaner lease

pa
suv
bmw
#1

Looking to get a X1 Loaner Lease.

BMW X1

**MSRP: $43,645
**Selling Price: $36666
**Monthly Payment: $398
**Cash Due at Signing: $2391.51 (First Month $398, Acq Fee $925, Tag/tax, rolled in $2100 MSD from last lease, and $2800 MSD for this X1, so $700 MSD)
**MSD:2800
**Incentives:4500 lease credit

**Months: 24 months
**Annual Mileage:10000/yr
**MF:0.00163 (after MSD)
**Residual:60%

**Region:PA
**Leasehackr Score:10.1yr

#2

I cant get the number match in leasehackr…

#3

Found out it’s due to the mileage on the car already. 2600 and they charge $525.

#4

Do you think it’s a great deal?

#5

ok deal, not the best. Why is your starting MF 0.00198 instead of 0.00188? Residual should reflect that $525 charge, I’m sure you should not be setting residual at 60%. If you’re doing 2 year, waive Acq Fee of $925 and bump MF by 0.00050, you’ll save some money as indicated in the BMW Wiki (BETA).

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#6

So the car had 2500 miles. so the residual at 60% before the penalty. So the 2500-500 miles * $0.25 cents, should made my residual go lower, right?

#7

Is the Wiki not updated?

the MSD x 7 should be 7 x 0.00005 instead of 7 x 0.00007?

and the wave the acq fee and bump MF to 0.00035 instead of 0.0005?

Or my CA gave me marked up MF for MSD and acq fee?

#8

I’m not sure what PA is. Maybe @BMWDavid can help you answer these questions. Last I checked it is 7 * 0.00005 for a total of 0.00035 (max) in Socal as of beginning of this year. Acq fee waiver for MF markup, I was assuming 0.00035, 0.0005 seems like a lot.

#9

Your max MSD calculation is correct @mrpanda. The mileage will affect the residual value on a loaner. Waiving the acquisition fee is possible for a bump in the mf .00015.

#10

Was this changed recently? Just last month, wasn’t it .0005?

#11

I don’t think .0005 was used previously. My source is BMW FS.

#12

.00015 sounds too cheap. More people would do it if it was that low. A vehicle with a adjusted cap cost of $90k and RV of $50k on a 36 month term would come out ahead paying only $756 more in interest than the $925 acq fee. Cheaper BMWs and 24 month leases would make the savings even larger.

#13

I hear what you’re saying, but unfortunately neither you or I publish the guidelines. Perhaps one day :slight_smile:

#14

In general, where can the most up to date MSD rates be found? For all manufacturers that offer it

#15

@Samson @BMW_Dave @GAngellBMW Can one of you confirm if the MF markup is .0005 or .00015 when waiving the acq fee?

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#16

Its .0005 not .00015 (or everyone would waive it)

2 Likes
#17

Exactly correct… either $925 or 0.00050

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#18

Might want to double check that…this dealer is doing .00050 for the acq waiver…

1 Like
#19

Acquisition fee waiver .0005
Security deposit waiver .00015

Thanks!

#20

Edmunds has a thread but typically these are unpublished.