Deal Check BMW 2020 440i Coupe

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Contra Costa County
Lease check pls.
I want to ensure I have captured rebates and loyalty credits, and overall deal check
MSRP $59895. Residual 59%
12% discount $52707
Adjusterd Cap Cost $51383

  • $1500 Loyalty
  • $1250 Lease credit
  • $1200 cash in from me ( down payment but really to cover neg equity on trade in)
  • MF .00149
  • Sales tax is 9.25% out here.
  • Base payment $575. Pmt w tax $628.

Thanks!

MF is marked up a lot…

Was .00189 which i would not do. 637 FICO on Auto Exp 8. Unfortunately. and didn’t want to put multiple deposits. The net difference wasn’t that much over life of lease. I had a 4 year old 340i that has a major Service, Brakes and 4 Tires coming in next 10-15 months so that looming outlay of cash came into play in my decision.

Gotcha, if that is beat rate for your credit tier then 12% seems solid. Maybe somebody else can say iF MF is marked up even for your score, not sure how it works.

And that was 12% discount before incentives.

Seems really high. I got a loaner late last year 36/12 terms with 3k negative equity rolled in for 463 a month with them paying my first payment…I see the incentives have changed since then but feel you could do better especially as the new 4 series will be out soon. Have you considered looking for a loaner?

I’d expect maybe a better discount on what is now a totally outdated (if perhaps still better looking) model.

Bmw design has been “outdated” for over 30 years. That’s why I like them. Lol. After rebate the net discount is 16.5% so I’m ok with it.

Ok. Negative equity and subprime credit. Keep up the good work and enjoy your new BMW!

The nearly 10% tax rate really is a grind though. Thank you for the insights.

Wow, that’s nice. I walked away from the be dealer who offered a me 1100x36 for 68k x5. I felt it was a straight rip off.

And I feel I should mention it is the 6 speed manual which I totally prefer. I appreciate the feedback.

If it’s a manual, try pushing them lower. Not many people will take a manual, so they are usually desperate to sell.

Great choice btw!

for less than 8000 miles a year do I need lease protection coverage? (lease)

How much is it, and what does it cover? It’s a personal choice. Some folks swear by it, some think it’s useless.

How rough are you with your cars? Will you spend more or less than that to fix things beyond normal wear/tear? :man_shrugging:
You’ll need to take all that into consideration and decide.

not rough at all. I think after 36 months I’d come in under 25000 miles. The only thing would be tires and maybe brakes close to end of life, but to me that is normal wear and tear. I can afford tires, brakes would suck but the net cost of the pre paid plan is cash out the door. That definition of normal wear and tear is where the money is made I’d imagine.