Deal Check: BMW iX50e 2024 Lease (St Louis, MO)

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Hey all - BMW is running a lease offer and I have this offer I’m currently negotiating.

TLDR: BMW Lease incentive of 9900, Dealer contribution 4000, negotiated fees (1819) off MSRP. Dealer is not budging further on MSRP or MF (marked up 0.96%).

Monthly seems very high vs what we’re seeing from brokers here on the site. Check what the brokers are offering first? The dealer discount seems pretty low.

We can beat the snot out of that out of a Midwest dealer. :slightly_smiling_face:

You can have a EQS580 for that payment

Hire a broker or start making offers instead.

10% MSRP + $9,900 incentive gets you to $998 pre tax with just first month, doc and reg due at signing.

Is the 10% off MSRP something common for dealers to do?

I’m presuming the lease credit BMW offers is irrelevant to them.

The MF will get them a 2K pure profit so that’s marked up quite nicely.

Common is not your goal.

What you want to target is the type of deal you see in Marketplace and Share Deals & Tips

Doesn’t mean you can always replicate but getting as close as possible should be your goal.

Again, make offers. Don’t expect to get very far by soliciting quotes and then haggling.

Thanks for the advice and for changing my mindset :).

Reserve split is 75-80% so not quite $2,000.

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