Incredibly inexperienced. I have read the forum over and over and worked to find a good deal with the info provided here. Could you please comment on the deal below?
This is brand new 2020 BMW X5 M50i. I have separately negotiated a cash trade of my 2014 BMW X5 s35i for 18-19k, depending on the inspection when I arrive at dealer. This will be given back as a check.
I would aim for a higher discount another 1 or 2 percent.
Also MF is marked up. Did you verify MF and RV on Edmunds?
Last, something seems odd with the tax. Don’t you pay tax only on the leases amount in GA?
Also you need to fix the calculators. Numbers are off.
There are a number of brokers on here that can easily get you 12% discount pre-incentive AND base MF of .00118.
Upping your discount to 12% and lowering MF to base drops your payment to $1183 still with zero drive off, saving you $4200 over the lease term. If you can max out MSDs then it drops even further to $1125.
The marked up MF is what kills this deal, I would counter with 12% discount pre-incentive and base MF. At the very least you could settle for 10.5% discount if they reduce the MF to base.
Not a good deal…
This is my deal
2020 x5M50i
$91245 MSRP
12% off
loyalty, college grad, manuf reb ($3500)
10/36
7MSDs (5600)
2250 due at signing incl 1 st pint
$911 a month
You can get an X5M for this much. (23 p/m more) if you traveled to PA. 124k MSRP. If you want to pay this much, you could go that route and get a nicer car.
If you want a good lease deal, stop looking at specific vehicles until you have done your research into what makes a good lease. Start with the leasing 101 section in here, ignoring the one section about the 1% rule, and then research comparable deals here to see how they are structured. You should know what the vehicle should cost and have a specific target before you ever talk to a dealer.