Team LH: We weren’t allowed to take a photo of the offer so I tried my best to put down what I remember. Somehow the numbers don’t quite add up in the calculator but I’m putting them down here. Any reactions to this? This dealership has 42 2021 X5s in stock.
Year, Make, Model, and Trim:
BMW X5 SDrive 40i with M Sport and 22” wheels and parking assist
MSRP: $70k
Selling Price: $65k (they told us they are discounting by $5k)
Monthly Payment: $960 (after tax)
Drive-Off Amount: $4180 (this is zero cap cost reduction so I’m still confused as to why it’s so high)
Months: 36
Annual Mileage: 10k/year
MF: 0.0093
Residual: 53%
Incentives: $1000 loyalty + $500 lease credit
Region: SoCal
Leasehackr Score: Calculator doesn’t show these numbers
Leasehackr Calculator Link: See above
770/mo including 9.5 tax with 2.5k out of pocket is best I got on a base X5 sDrive, but It’s slightly out of my budget so I passed on it yesterday. I guess if your willing to pay more for the additional goodies it’s cool, If not I can’t give you contact info to get base and save some moola.
Not cool. We were low-balled on the phone and switched at the dealership. If you plug in the invoice price minus holdback and calculate with the correct MF and no cap reduction, whats they payment after CA (LA) tax and DAS? Many thanks IAC!
Back of invoice is variable based on whether the dealer made certain metrics, but generally you can count on at least 3% back of invoice to be available to use…
Knowing that it’s a Sonic store though, I feel like if you can get them to stick to the spoken $5,000 discount pre incentive and buy rate you’ll be doing better than most in this market.