Deal check here in SoCal:
2021 BMW X4 M40i
MSRP: $69,445
Selling Price: $62,500 (10.7% off)
Incentive: $1,750 lease cash
Months: 36
Annual Mileage: 10k
MF: .00082 (buyout mf)
Residual: 56
Region: SoCal
Leasehackr Score: 8.1 years
Drive-Off Amount: $1,300
Monthly Payment: $700 + tax
Base MF, low dealer fees, nice discount. Looks good to me.
CA tax - yikes. No wonder people are leaving.
Gov. fees look wrong to me. Should be more expensive than that, @jeisensc please reality check me on that statement.
I assumed that too but if thatās just a reality of where he lives, not much he can do about that, I donāt really see government fees as making a different in terms of the actual deal you got, whereas I think dealer fees can and do.
That being said, I would also think the government fees are more than whatās listed, somethingās gotta pay for all these dinners at the French Laundry.
Actually need to update the calculator. Turns out they are running it at .00112 MF but discounting 11.7% on MSRP.
$1300 DAS - $700/mo.
Feel like this is a pretty large discount off MSRP. I suppose it benefits the dealer to keep more pts on MF and reduce the sale cost of the car more? This has to be well beyond invoice, right?
2 questions then:
What is the actual discount % with the bumped money factor and is the dealer fee on your calc accurate?
Here is the calculator adjusted. I wasnāt able to get the spec sheet, but they have confirmed over phone thatās the $ amount off MSRP, incentive post discount, the MF, RV, and Acq fee. Was unable to confirm dealer and gov fees.
Only other dealers in the area with specs I am interested in were not entertaining past 5-6% off MSRP (claim thats invoice and wont budge).
Unless I loaded my own deal wrong, it was $995/$85/$400 in that section. If I adjust, I get $699+ tax and drive-offs are $45 short
Iām so glad we are at the state minimum on lease tax, almost 3% less.
These are the calculator default values.
$85 is correct for the dealer fees for California.
Gov fees on this are going to be $8-900 most likely
Funny how things work in different states, but the end result is close to the sameā¦FL would have dealer fees close to those government fees (or more), yet the state fees would be close to the dealer fee for CAš.
At least in Florida, you donāt have to pay the dealer fee every year.
True datāļø
howād you get this deal?