HonestlyâŚit might be easier to just have the payments made all at once and save the hassle.
The story on this one involved much of what I call âperpetual motionâ in that we kept adjusting various parameters on the lease in order to cross certain thresholds, which would then allow something else to be adjusted, etc as we reallocated the DAS $. Since a DAS payment was already made to the dealer (on a BMW VISA of course for triple points) for an amount based on the original MSD and up fronts calculation, we had a willing dealer with a committed sale. That original amount was $4100 and was based on $2100 MSDs and $2000 for acq fee, first month, taxes, registration, and added maintenance.
As such, the very very abbreviated story is-----
24/10 with added maintenance coverage
MSRP - $51,XXX
Discount - $11,065
Rebates - $7250 ($250 lease cash, $2500 loyalty, $500 OL)
7 MSDs ($1400)
Balance of the original $4100 towards the upfront fees mentioned above with the balance (presumably)as CCR.
This netted out to $142/mo plus tax ($152 in FL). If we skipped the maintenance, we could have dropped this into the $130âs, but I figured it was smart to splurge, LOL.
I will try and duplicate the final deal in the calculator and see if I can get close. This was an out of state deal, so there are different state taxes/registrations, etc that arenât immediately easy to model in the calculator directly and honestly, I am not 100% sure how the dealer allocated dollars due to the process in which this lease was approached (and of course, I donât really care as the end result is as desired). Once we saw the final numbers, we pounced without much care as to the exact details TBH (as we paid attention to the details up front and along the way).
Many thanks for @Bostoncarconcierge for his efforts on this one! I will definitely vouch that he is very committed and very hard working on behalf of those he represents.
Iâm roughing out the total costs on the lease and all in this is nipping into the 0.4x% range. I know that metric is met with mixed acceptance by LHâers, but (barring the thought that some manufacturers inflate MSRP only to immediately discount it)âŚI tend to view it as a decent barometer for a deal.
Yes ElectricâŚseems silly but with the price on this deal it was worth it to add coverage for the brakes, battery, wiper blades, etc even if the coverage is hopefully never used.
Ive added it to the last 4 leases Ive done as the dealer has thrown them in for (seriously) like 2 bucks a month on one car, and at most $5/mo. I am in FL, and the heat can sometimes kill batteries prematurely, so one simple battery replacement will more than pay for the UC+.
Eh, I actually do expect the bottom to drop out sooner or later with either addtl tariffs being introduced (which BMW may or may not incentivize to cancel them out) and the continual prime rate creep which will bring MFâs to rise again (canât do much about that)
Of course sooner or later. But do you think there will ever be a time when a crazy deal wonât happen in some form or another going fwd? It would be the end of LH lol
Yeah, this simply wonât again happen outside of model refreshes and extended lease support periods combined with HOT rebates.
Another thing, at least in the BMW world, a base car will always lease best dollar for dollar unless aided by additional dealer discount over whatâs customary. I love when folks expect a $200-250 X2 to have every Bell and whistle.
I am a new user of the form and on my 2nd and 3rd bmw⌠looks like some great conversations. I havenât leased before(CPO Guy) but might leasing my next M4. Question - are trade ins accepted as part of leases ? Also 2 cents belowâŚ
