Deal Check - 24 BMW X5 50e Lease, Texas (South)

Ask the Hackrs
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1

Need some quick advice and thank you in advance. New x5 50e PHEV in Texas

  • MSRP $90,350
  • Loyalty Bonus/Lease End bonus $2,500
  • Dealer discount - $3,000
  • Total incentives $5,500 (they refuse to budge on that)
  • Money Factor is .0022 (5.28% APR) - I know rates are high, is this a “good” MF these days?
  • Trade value $39,000 for lease return, for “tax savings” of $2,437.50 so they state its a relative allowance of $41,437.50

$0 down lease would be ~$1,400/month.
36months/10k miles
52% residual

2

I’ll do that deal and double the discount (at the least) with buy-rate money factor.

In short, no, not a good deal.

2 Likes
3

Appreciate the reply Scott ;). Can you help me understand more of what you mean? They tell me they have $4500 total on top of their price, and they are investing $3k. So how could you double that discount for me? On the money factor, whats the buy-rate MF?

4

When you say 0 down, do you mean 0 down payment or TOTAL 0 due at signing? If not, what’s the amount due at signing?

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5

Not sure yet - I just meant $0 down payment, I know there will be fees out the door as I havent finalized that

6

It’ll be impossible for me to make an example then, but I would do at least $6,000 off + rebates + .0018 MF. Like I said, don’t take this deal, send me a text or email, we can save you a lot.

1 Like
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