MSRP: $96800
Selling price before rebate: $71500
Rebate: 5900
Money factor: 0.00026
Due at signing: $3000
No MSD
Monthly: 505 + Tax
I have not been sent the lease sheet yet, so I guess the lease is not 100% confirmed. But I am sending it here to see if it is a good deal or not. From what I have seen in the market place it seems good to me, however the mileage of the loaner is high. So I wated to know given that, is it still a good deal or not.
Looks good to me but I would try to get new tires from them if they are not changing them. For reference, I had picked up a 2023 loaner with 11K miles in April with $89K MSRP with effective monthly of $544. Dealer had put on new tires cause they CPOd the car.
Only on planet Leasehackr are people asking if a 500/mo nearly 100k car is a good deal or not.
@JSmith I can’t see any manager not getting annoyed at a request for a tires on a 500/mo iX.
If it’s that big of a deal buy your own set of tires, your total cost of ownership just went up 40 bucks a month, now we have a 540/mo iX. It’s irrelevant.
It doesn’t hurt to ask if some BMW dealers are willingly replacing them tires as they CPO loaners. At that loaner mileage, they’re most likely worn enough to be under CPO spec.
As for the $505/month, we all know that’s not the true cost considering the $3K upfront and CA taxes are not factored in. If someone has to change tires twice on a 30K mile lease assuming tires last less than 15K miles each, the effective cost is pushing slightly over $700/month using rough math. Still a damn good deal but not as cheap as it initially appears.
Not all loaners are sold as CPO, and frankly I don’t think most dealers really care about “CPO spec”, as long as they’re not bald.
That said, consider that if it’s loaner vs new, you’re going to replace the tires at least once anyway on any EV, and tax is tax, at least it’s less on a lower payment, so we’re comparing in a bubble, the TCO goes up by a similar amount on a new one too when accounting for tax and a one set of tires.
Agree on all points and that’s why I said some dealers; if one is knowledgeable it can help.
Anyway, the point behind my initial comment was the higher mileage and my experience. If it was a loaner with 4-5K miles then I wouldn’t have said it. I doubt dealer will cancel the deal just because OP asked for tires, worst case they say no and hopefully he takes the deal.
That is a fair point :)) I definitely liked the deal and the discount. My only concern was the mileage, maybe I should have pointed that out. The last time I had a loaner was a great experience, but the mileage was only 5k and at the time I don’t think BMW even supported leasing an 11k mileage loaner.
It has not been long (only 5 months), but the experience has been very positive. The car itself drives very well and I have had no problems with it. It was a high-mileage loaner, but I have not noticed anything different compared to a new car experience. Although, this may not be universally true for loaners.
For a longer-time review, probably someone that has had the car for 2+ years can provide a better perspective.
