Finance deal! 2020 BMW X1 sDrive28i—Loaner

Not a lease question so I figured to throw it on off-ramp.

Came across this 2020 BMW X1 sDrive28i loaner in New England. Has ~4000 miles on it. Says MSRP $36,745 marked down to $31,500 (~14%). With 1.9% APR.

Do you think that it’s sufficiently marked down from a loaner perspective with the mileage it has? Or do you think there is more wiggle room, not many options on it.

Thanks!

I think financing once is the wrong move. They, as most BMWs, depreciate too quickly where buying makes sense.

I have 3-4 2020 X1s left at 12% off and are new, so they will not be affected by the residual hit.

My suggestion is to lease one of those if heart is set on X1.

Also, noticed this one is an S Drive which is a rare :bird: for New England and no one in region will want it before winter.

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Specifically on the discount question, I feel that 14% is low, especially at ~4k miles. Also the X1 has a 3k purchase incentive, assuming you’re doing a 72 month loan at 1.9 %. Make sure that discount does not include the 3k incentive.