Speaking with a dealer about a service loaner M340. Has about 4k miles on it, asked for a true 0 down sign and drive. It’s in another state but I have no problem going to get it.
I qualify for USAA and Conquest, no loyalty. But I’m headed to a BMW event this weekend where I’ll get an OL code for an extra $1000 off. The car has Driver Assistance and Premium Package.
The numbers I get in the LH calculator are higher than what I see from his end, trying to understand why - CALCULATOR | LEASEHACKR
How does this look? From my understanding, 14.3% discount on this car right now is pretty good, given the limited inventory, but I feel like there might be some more room in this deal.
The worksheet shows 56% RV for both 15k and 12k, so you’ll wanna make sure that’s calculated right. Get rid of the add-on items. Not sure what that’s about. Seems like your goal of <$600 could be achievable with the OL, though I’m not sure what motivation they’d have to discount it any more.
I asked about both of these things when I got the quote. The add-ons is their doc fee. Asked about the 56% residual for 12k miles (as it should be 58%) and he said it’s adjusted correctly in the Adj. Residual field (58% minus the loaner mile reduction in residual).
I know inventory is slim, is 14.3% good? Can I push for a bit more?
Hmm interesting. Doesn’t hurt to push for more, but the dealer doesn’t have to oblige. Inventory is slim and sales are down, so I’m not sure that they’d flex for you. Maybe if you wait til end of month.
Talked to the dealer, they’ll give me $1000 for OL, brought it to $619. Asked if he could make it an even $600, he said sure.
I then told him about the Corporate Sales certificate and he said they don’t get many of those, so he has to check on it, but if that’s good for an extra thousand ($2000 minus conquest since they can’t stack), I’d be around $570 which I’m happy with.
He didn’t say anything about OL and USAA/PenFed not stacking but we’ll see. Waiting for a price with the certificate and then signing.