# BMW X7 2024 M60i Lease?

**URL:** <https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458>\
**Category:** Ask the Hackrs\
**Tags:** ca-norcal\
**Created:** [August 29, 2023, 3:58am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458 "2023-08-29T03:58:38Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![Gus\_Fring](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gus_fring/32/162748_2.png) [@Gus\_Fring](https://forum.leasehackr.com/u/Gus_Fring)\
**Post date:** [August 29, 2023, 3:58am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/1 "2023-08-29T03:58:38Z")

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New -  
Model - BMW M60i  
CA - Bay Area  
MSRP $116,640  
36mnths/15Kmiles  
Sale Price - 10% off MSRP - 104,976  
Lease Cost - $1336.91/mnth  
MF - 0.0017  
TradeIn - 14K (hyundai sonata 2015 - 44Kmiles)  
Downpayment - $0

> **[Leasehackr Calculator - Hack your next lease | Leasehackr](https://leasehackr.com/calculator?make=BMW&miles=15000&msrp=116640&sales_price=104976&months=36&mf=0.0017&msd=0&dp=0&dealer_fee=0&acq_fee=925&disp_fee=495&taxed_inc=1000&untaxed_inc=0&rebate=0&resP=51&reg_fee=0&sales_tax=10.75&demo_mileage=0&memo=&tradein=14000&fin_sp=104976&fin_taxed_fee=0&fin_untaxed_fee=0&fin_term=84&fin_apr=6.25&fin_dp=0&fin_rebate=0&fin_ps_rebate=0&keep_term=84&exp_rv=29160&zero_driveoff=true&monthlyTax_radio=true&bmw_demo_25=true&lvf_result_mode=true)**
>
> Score the best deal with real-time lease and finance data on demand and the ultimate lease/finance calculator trusted by America’s expert leasing community.

Previous -  
Model - BMW M60i  
CA - Bay Area  
MSRP $116,640  
36mnths/15Kmiles  
MSRP - 116640  
Lease Cost - $1695/mnth  
MF - 0.0021  
TradeIn - 14K (hyundai sonata 2015 - 44Kmiles)  
Downpayment - $640

> **[Leasehackr Calculator - Hack your next lease | Leasehackr](https://leasehackr.com/calculator?make=BMW&miles=15000&msrp=116640&sales_price=111391&months=36&mf=0.0021&msd=0&dp=0&dealer_fee=0&acq_fee=925&disp_fee=495&taxed_inc=0&untaxed_inc=0&rebate=0&resP=50&reg_fee=0&sales_tax=10.75&demo_mileage=0&memo=&tradein=14000&fin_sp=0&fin_taxed_fee=0&fin_untaxed_fee=0&fin_term=60&fin_apr=1.85&fin_dp=0&fin_rebate=0&fin_ps_rebate=0&keep_term=60&exp_rv=0&zero_driveoff=true&monthlyTax_radio=true&bmw_demo_25=true&lease_result_mode=true)**
>
> Score the best deal with real-time lease and finance data on demand and the ultimate lease/finance calculator trusted by America’s expert leasing community.

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**Author:** ![mpd79](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mpd79/32/245632_2.png) [@mpd79](https://forum.leasehackr.com/u/mpd79)\
**Post date:** [August 29, 2023, 6:42am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/2 "2023-08-29T06:42:02Z")

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Hope you’ve got a massive writeoff there because $1.7k/mo is rough.

FWIW prob not a bad deal on that car given the very very low volume but I’d still shoot closer to the old 1% rule.

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**Author:** ![Gus\_Fring](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gus_fring/32/162748_2.png) [@Gus\_Fring](https://forum.leasehackr.com/u/Gus_Fring)\
**Post date:** [August 29, 2023, 7:53am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/3 "2023-08-29T07:53:57Z")

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What is the old 1% rule and what is a writeoff ?

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**Author:** ![Hawkeye81](https://leasehackr.b-cdn.net/letter_avatar/hawkeye81/32/5_5575768a8748004e209b776fc1b2916d.png) [@Hawkeye81](https://forum.leasehackr.com/u/Hawkeye81)\
**Post date:** [August 29, 2023, 8:40am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/4 "2023-08-29T08:40:41Z")

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Write off is talking about using this for business and being a tax write off.

The “1% rule” is payment no higher than 1% of the MSRP. It’s outdated and definitely not something that applies to a luxury car like this (nor any car, especially post pandemic)

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**Author:** ![trism](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/trism/32/26973_2.png) [@trism](https://forum.leasehackr.com/u/trism)\
**Post date:** [August 29, 2023, 9:28am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/5 "2023-08-29T09:28:16Z")

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Assuming the calculator’s correct, you’re going to spend $73,330 over three years and then give the car back.

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**Author:** ![Brokejetflyer](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/brokejetflyer/32/166179_2.png) [@Brokejetflyer](https://forum.leasehackr.com/u/Brokejetflyer)\
**Post date:** [August 29, 2023, 10:26am UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/6 "2023-08-29T10:26:47Z")

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You’re going from a 2014 Hyundai to a new high-tier BMW over $100k in msrp…….?

Congratulation on your new found wealth. Yet you don’t know what “write off” means. Hmmm

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**Author:** ![212hackr](https://leasehackr.b-cdn.net/letter_avatar/212hackr/32/5_5575768a8748004e209b776fc1b2916d.png) [@212hackr](https://forum.leasehackr.com/u/212hackr)\
**Post date:** [August 29, 2023, 12:09pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/7 "2023-08-29T12:09:37Z")

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Is there $14k in equity in the Sonata? I have no clue but if you could sell it for $14k, then this lease costs $74k over 3 years, just to hand it back.

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**Author:** ![mani\_is\_kool](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mani_is_kool/32/11116_2.png) [@mani\_is\_kool](https://forum.leasehackr.com/u/mani_is_kool)\
**Post date:** [August 29, 2023, 12:17pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/8 "2023-08-29T12:17:29Z")

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Better off financing and taking a section 179. (Google)

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**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\
**Post date:** [August 29, 2023, 12:41pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/9 "2023-08-29T12:41:53Z")

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> [@mpd79](#):
>
> Hope you’ve got a massive writeoff there because $1.7k/mo is rough.
> 
> FWIW prob not a bad deal on that car given the very very low volume but I’d still shoot closer to the old 1% rule.

The downside of forums attracting more and more people is that you waste more and more time just debunking bad advice, like the above.

![aint nobody got time for that GIF](https://leasehackr-assets.b-cdn.net/original/3X/d/7/d7d5caa5fa9e7344bb9f89e251beba835f51f82e.webp)

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**Author:** ![KU4D](https://leasehackr.b-cdn.net/letter_avatar/ku4d/32/5_5575768a8748004e209b776fc1b2916d.png) [@KU4D](https://forum.leasehackr.com/u/KU4D)\
**Post date:** [August 29, 2023, 12:47pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/10 "2023-08-29T12:47:39Z")

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What’s wrong max? Don’t believe it can be done? Just need a 28% discount.

Paging @JohnCaza

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<div class="post-metadata">

**Author:** ![Gus\_Fring](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gus_fring/32/162748_2.png) [@Gus\_Fring](https://forum.leasehackr.com/u/Gus_Fring)\
**Post date:** [August 29, 2023, 4:20pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/11 "2023-08-29T16:20:52Z")

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wdym by 28% discount ?

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<div class="post-metadata">

**Author:** ![Gus\_Fring](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gus_fring/32/162748_2.png) [@Gus\_Fring](https://forum.leasehackr.com/u/Gus_Fring)\
**Post date:** [August 29, 2023, 4:22pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/12 "2023-08-29T16:22:52Z")

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Ohh I actually always had the money, but I had no need until now that I have 2 kids and hard to fit them in the sonata alongwith my wife and parents 🙃

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**Author:** ![Gus\_Fring](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gus_fring/32/162748_2.png) [@Gus\_Fring](https://forum.leasehackr.com/u/Gus_Fring)\
**Post date:** [August 29, 2023, 4:23pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/13 "2023-08-29T16:23:06Z")

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Let me check

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<div class="post-metadata">

**Author:** ![mpd79](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mpd79/32/245632_2.png) [@mpd79](https://forum.leasehackr.com/u/mpd79)\
**Post date:** [August 29, 2023, 4:26pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/14 "2023-08-29T16:26:24Z")

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Been here since 2016, didn’t realize “hey that’s expensive but you do you on a low volume car” is bad advice.

FWIW too obviously plenty of brokers with “expensive” cars at/near 1% still so what I’d debunk is that the old 1% rule is dead and gone - that’s the bogus part (look at brokers for EQS, iX, Wranglers, etc.

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**Author:** ![li8625](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/li8625/32/222746_2.png) [@li8625](https://forum.leasehackr.com/u/li8625)\
**Post date:** [August 29, 2023, 4:26pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/15 "2023-08-29T16:26:47Z")

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ISn’t @AutoCompanion doing like 8% on these?

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<div class="post-metadata">

**Author:** ![mpd79](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mpd79/32/245632_2.png) [@mpd79](https://forum.leasehackr.com/u/mpd79)\
**Post date:** [August 29, 2023, 4:33pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/16 "2023-08-29T16:33:43Z")

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He’s in California - we have excellent brokers.

Here’s a local broker with plenty of luxury cars at/near 1% - Merc: [👔 Mercedes-Benz August Specials - LUXCONCIERGE - #110 by LuxConcierge](https://forum.leasehackr.com/t/mercedes-benz-august-specials-luxconcierge/451650/110)

BMW: [⚡ EV BLOWOUT BMW AUGUST Specials SoCal 2023 - i4 35e $499/mo + $3k DAS - i4 40e $579/mo - LUXCONCIERGE - #38 by LuxConcierge](https://forum.leasehackr.com/t/ev-blowout-bmw-august-specials-socal-2023-i4-35e-499-mo-3k-das-i4-40e-579-mo-luxconcierge/452798/38)

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<div class="post-metadata">

**Author:** ![li8625](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/li8625/32/222746_2.png) [@li8625](https://forum.leasehackr.com/u/li8625)\
**Post date:** [August 29, 2023, 4:36pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/17 "2023-08-29T16:36:54Z")

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Yeah but none of them are performance SUVs that seat 7. GLS63/580 are still expensive. Escalade V is basically GFY lol

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<div class="post-metadata">

**Author:** ![mpd79](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mpd79/32/245632_2.png) [@mpd79](https://forum.leasehackr.com/u/mpd79)\
**Post date:** [August 29, 2023, 4:41pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/18 "2023-08-29T16:41:39Z")

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The EQS 580 is faster (and uglier) than any of those and def is available!

> [@Mercedes EQ deals](https://forum.leasehackr.com/t/mercedes-eq-deals/453687/204):
>
> final update for end of month push, reduced eqs450. requires fleet loyalty available to stack on top please text 510-206-8216 EQS450 SEDAN - 13 MONTHS / 7500 MSRP 106140 2K DR.OFF - 620 PLUS TAX 24 MONTHS 2K DRIVE OFF - 849 PLUS TAX 2K DRIVE OFF MAX MSD - 741 PLUS TAX MSRP 109010 2K DR. OFF - 664 PLUS TAX 24 MONTHS 2K DRIVE OFF - 886 PLUS TAX 2K DRIVE OFF MAX MSD - 776 PLUS TAX MSRP 114170 2K DR. OFF - 743 PLUS TAX 24 MONTHS 2K DRIVE OFF - 954 PLUS TAX 2K DRIVE OFF MAX MSD - 8…

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<div class="post-metadata">

**Author:** ![li8625](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/li8625/32/222746_2.png) [@li8625](https://forum.leasehackr.com/u/li8625)\
**Post date:** [August 29, 2023, 4:43pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/19 "2023-08-29T16:43:17Z")

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The EQS is also an electric car. If that’s your only car, it may not work for you.

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**Author:** ![Gus\_Fring](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/gus_fring/32/162748_2.png) [@Gus\_Fring](https://forum.leasehackr.com/u/Gus_Fring)\
**Post date:** [August 29, 2023, 5:18pm UTC](https://forum.leasehackr.com/t/bmw-x7-2024-m60i-lease/492458/20 "2023-08-29T17:18:14Z")

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I do have the 4% discount already, asking the dealer for another 4% today

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