BMW x7 lease check

Ask the Hackrs
1

Hi, I’m looking at a lease in NY for a 2025 bmw x7.

Basically, the dealer said they could match the deal published on the website, which they indicated does not include taxes and DMV fees. I estimate these to be about $6800.

Here’s the deal on the website:

https://www.bmwusa.com/special-offers/lease.2025-X7-M60i.tristatebmw.html?zip=11937

I guess I’m trying to understand if the following is a good deal or should I try to negotiate harder. And if so where should I push.

MSRP - $116,000

Monthly Payment - $1,299
Down Payment (excluding first month) - $7,605
Acquisition Fee - $925
Taxes and Other - $6,800

This implies the total payments over three years is $62,094.

Is there a good rule of thumb like take the MSRP divide by total amount paid and as long as it’s over X it’s a good deal?

2

General rule

Any local or nationally advertised deal is crap

For staters

  • SUGGESTED DEALER CONTRIBUTION OF $2,270

That means they are discounting $2,270 on a $115k car

It should be closer to $11k off or 10% before rebates

3 Likes
3

Thank you for the reply. It makes sense in theory. But do you have experience with BMW knocking off 10% on an x7?

4

Yes 9 year experience

8 Likes
5

This is an effective monthly payment of $1,700, which I’m sure most brokers could beat quite easily. Forget what BMW is advertising and do your homework on this site. I will also send you my leasing basics guide.

6

LOL, dan is one of the longest running BMW brokers on this forum. I’ve sent my people his way and suggest you get one from him too - it’s well worth his fee to save the brain damage.

7

Don’t think there’s any consensus. Personally I like to see that the cost of two consecutive leases doesn’t exceed the net cost of ownership (financing cost less the amount of equity at the end).

1 Like
8

@BigLebowski I would love to receive your guide as well if you wouldn’t mind sharing. Thanks!

9

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