Deal Check- 2020 M240i Convertible demo

Ask the Hackrs
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1

I would like to know your thoughts on this M convertible in South Carolina.

leasehackr.com/calculator?make=BMW&miles=10000&msd=7&msrp=55088&sales_price=44911&months=36&mf=.00099&dp=430&dealer_fee=899&acq_fee=925&taxed_inc=3000&untaxed_inc=0&rebate=0&resP=53&reg_fee=0&sales_tax=0&demo_mileage=3500&memo=&monthlyTax_radio=true

2

Strong discount on a loaner. MSD is a wise choice. Only thing not in your favor is the $899.00 dealer fee. I guess they had to make it up somewhere. Not sure why you have $30 as a downpayment. Might that be your first payment?

3

Tonyl,

thanks for the feedback. My mistake on the down payment as it is reg fees. I have corrected the calculator. The $899 dealer fee includes $500 SC sales tax as I couldn’t figure out where best to put it.

leasehackr.com/calculator?make=BMW&miles=10000&msd=7&msrp=55088&sales_price=44911&months=36&mf=.00099&dp=0&dealer_fee=899&acq_fee=925&taxed_inc=3000&untaxed_inc=0&rebate=0&resP=53&reg_fee=400&sales_tax=0&demo_mileage=3500&memo=&monthlyTax_radio=true

4

I’m inclined to think that in SC the sales tax will be billed monthly by BMFS. Might consider paying the Acquisition fee up front with MSD.

5

Thanks Tonyl

6

Nope.

SC charges a flat $500 sales tax. We get screwed over on yearly TAVT tax.

My M340i tax bill was $1500 this year. Will probably be $1200 next year.

7

Better than Virginia. I’m paying about $2700 this year in personal property tax for my 2020 X5.