Deal Check - 2021 BMW X4 M40i

Ask the Hackrs
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1

Hi everyone. New to LeaseHackr and did a lot of reading/forum-searching before diving into this deal. Quickly discovered that this model is hard to come by, especially in the Pacific Northwest, and even harder to negotiate (…for this newbie, at least). This is where I’ve landed. Appreciate any constructive feedback. Thanks in advance. :blush:

Year, Make, Model: 2021 BMW X4 M40i
MSRP: $66420
Selling Price: $61180.67
Incentives: $1750
Months: 36
Miles/Year: 12k
Residual: 55% (confirmed on Edmunds)
MF: .00106 (buy rate is .00086, dealer won’t budge)
MSD: 4
Drive-off: $2054 (no cap cost reduction)
Monthly Payment: $749
Region: Oregon

Leasehackr Calculator: leasehackr.com/calculator?make=BMW&miles=12000&msd=4&msrp=66420&sales_price=61180.67&months=36&mf=.00106&dp=0&dealer_fee=115&acq_fee=925&taxed_inc=1750&untaxed_inc=0&rebate=0&resP=55&reg_fee=1190&sales_tax=0&demo_mileage=0&memo=&monthlyTax_radio=true

2

You need a better discount. Probably worth looking at @avocautos to pick up in Cali?

I know nothing about OR leases, but no tax? And what’s with the super high reg expense?

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3

X4’s are a bit tough.

But this monthly seems pretty high compared to the west coast brokers.

Although I know Oregon/Washington can be tough, Sina at @AutoCompanion is amazing, or @Clutch and @IAC are :clap:t4:; or one of the other southwest/west coast brokers who can lease out of state BMW’s.

All amazing/responsive and can service PNW area

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4

Appreciate the responses! I’m open to working with a broker but am a bit short on time (my current lease is up soon) so prioritizing local dealerships.

No state tax (yay) but we do have a “privilege tax” that applies to all vehicle sales in Oregon. Comes out to $301.78 in this case, which I plugged into Gov Fees.

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5

You would be very surprised.

A lot of these brokers can have a car to your driveway within 2-3 days. They’re like white on rice with this stuff.

Check their reviews and see for yourself. Many cases of “it was Thursday night and we couldn’t find a vehicle, our lease was up Saturday”

Boom Saturday night they have a car. Miley Cyrus is on the H&K speakers and you’ve got your hands up they’re playing your song

6

:joy: A Miley Cyrus reference I didn’t know I needed. Looking into it, thank you!

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7

Someone’s going to come in here and give you the usual speech.

But you would know that’s a meh deal (~10% discount is what ya wanna shoot for) by knowing the comps (check others signed x4’s), knowing what all the Edmonds info of RV, MF and what not. But you seem to have that already

So when you plug it all in you know what target monthly you’ll need to be around.

When checking others deals here look at their % discount, that’s what you want to aim for.

Low expectations low disappoint, it is January - and know the facts what you’re entitled to incentive wise, what #’s you’ll need to meet your target.

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8

PNW is a different beast - if you’re in OR, make sure you shop BMW Portland and Kuni BMW. Absent that, it may just be an “is what it is” short of bringing a car up from SoCal.

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9

So I’ve learned very quickly… Sigh. I’ve been in touch with both, too. This is BMW Portland’s deal. Looks like I may just have to go the broker/out of state route.

10

It’s a lot less headache.

Highly suggested

Although I am PNW ignorant so you’ll have to decide for yourself if it’s worth it.

11

Figured it was along those lines. You could also try BMW Eugene if you’re willing to drive a bit farther away.

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12

Holy f this would be ~$850 with CA or WA tax

Are you open to any other makes or models?

13

Oof, the deal looks 10x worse when you put it that way! Living in OR def has its perks