Hey hackers, got another from dealer about new 2020 M550i. Want to check out is there anything I can do. Thanks!
Year, Make, Model, and Trim: 2020 BMW M550i xdrive
MSRP: $82235
Selling: $73760
RV: $49341 (60%)
MSD: 7
Monthly Payment: $690, after tax in CA $754
Drive-Off Amount: ~$3000 including all fees + tax
Months: 36
Annual Mileage: 10,000
MF: 0.00142
Incentives: 4000
Region: NoCal
Leasehackr Score: 9.4
Calculator: leasehackr.com/calculator?make=BMW&miles=10000&msd=7&msrp=82235&sales_price=73600&months=36&mf=0.00142&dp=0&dealer_fee=85&acq_fee=925&taxed_inc=4000&untaxed_inc=0&rebate=0&resP=60®_fee=864&sales_tax=9.25&demo_mileage=0&memo=undefined&acqFee_check=true&monthlyTax_radio=true
mllcb42
February 7, 2020, 12:34am
2
As much as I wish sales tax in California was 0%, it isn’t. You’re missing a good $60-70 a month in taxes
1 Like
thanks for reply. do you mean I should still push down selling? not sure is that possible in SF bay not in LA
mllcb42
February 7, 2020, 12:58am
4
I mean your calculator is incorrect. You need to figure out what the deal you have in front of you actually is before you try to improve it.
If the only thing you’re missing in your calculator is 9.25% sales tax and the rest is accurate, a 10+% pre-incentive discount at buy rate mf isn’t a bad deal at all.
thank you, I have updated in my calculator. I am too lazy to put tax number at first lol
Not a bad start see if you can push for 12-13% off msrp before rebates.
max_g
Closed
February 7, 2020, 1:41am
7
Keep it all in one thread.