Deal check 2020 BMW x5

Ask the Hackrs
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1

I am new with leasing a car and attempting to get a good deal on a 2020 BMW X5 loaner with 3100 miles on it.

MSRP: 69,145
Selling price: 61895 (10.8%)
Rebates: 2250 (conquest, lease cash back and new grad)
MF: 0.00107 (with MSD)
Residual value: 57%
Monthly: 824 with CT taxes

The dealer said he can’t do any better than that for me. The leasehackr calculator gives me a lower monthly compared to his and don’t really understand why would that be. Is this the best I am going to get or can I do better? Any assistance would be greatly appreciated.

2

Can you post the calculator link? People can check it and guide you.

3

You can get this same discount on a new model. Not a good deal.

Incentives are correct.

4

Check BMW of Freeport on LI. Their website inventory lists several X5’s with close to 10k discounted. I imagine you could try to squeeze for a bit more making it worth it.

6

I apologize for mix up in the numbers from the original post, the sale price is 61645; total savings of 9750 (7500 discount and 2250 for incentives).

7

This isn’t a good deal

8

Still not a good deal. Again, this is something a new car would go for.

9

Thank you for the information. Since I am trying to play other dealers as well, what would be a good monthly rate for a car with this MSRP…

10

On X5 all rolled in you should be 550-600 zero drive offs

Problem with the X5 is the lease cash is always low on those things

11

On an absolutely stripped loaner after qualifying for every incentive… Maybe

12

You realize the MSRP of x5s vary significantly depending on trim, packages, options, accessories right? A good x5 deal could also be $750 a month.

13

In an ideal world, yes, you could argue that. But BMW doesn’t budge on the X5 much.

Maybe the 2018 model you could have gotten for that price.

14

I’m sorry, but $600 a month with $0 drive off is about 22% off MSRP before incentives for this particular X5 model that @Palak_Patel listed. The OP will waste his/her time trying to get to those numbers which are unrealistic.