New guy here and just wanted to see if I can get some advise here on a deal I got from a dealer for a 2020 BMW 740i M Sport.
Just curious to see if there is any more room to push for a lower MSRP at this point, residual, MF, incentives, etc… is all BMW guidelines so my only way to get a better deal would be technically to get a lower MSRP.
Please see attached link for the calculator. Vehicle does not qualify for any incentives because it is a used vehicle, from what the dealer said BMW made the exception to go ahead and let them lease it once more due to low mileage but no incentives.
Let me know what you guys think any advise or constructive criticism is much appreciated.
2020 BMW 740i
Selling Price: 72,700
Monthly Payment: $695 tax included
Drive-Off Amount: $8000
Region: Nor Cal
Leasehackr Score: 9.6
2020 740i DEMO (Premium Package, Driving Assistance Pro Package, Cold Weather, Harmon Kardon Sound, Napa Leather)
3,000+ 7MSD Due at Signing
679+ Tax (719+ Tax Without MSD)
With BMW Loyalty
Sample deal from broker in this site.
Here is also the calculator with just $0 down + drive off DAS.
Looks like more than 5000 difference and your car has no incentives. I’m not familiar with the 7 series but I would definitely look for broker ads on this site.
I see the cost to lease is slightly less around $28,000 for the 36 months on a 36/12k taking into consideration the -1% residual.
Also it is worth noting this is a M Sport which I believe is maybe harder to come by, correct me if I am wrong.
No incentives since the incentives were used by the first person who purchased the vehicle.
Yes usually those lease horribly. Good luck.
I see, maybe I am better off just using a broker here on the site. Thank you for the advise.
That may be true, over the past few weeks there have been a number of really good 7 series broker deals posted.