I new to the forum. I have been trying to read and learn as much as a can. First time leasing a BMW. SOCAL location.
Is this a good deal? Attached is my lease quote for an X5 AWD 40i:
MRSP:$66,995
Discount: $5,495
Sell price: $61,500
No loyalty, conquest $750, OL $1000
DAS: First payment ($836.53), upfront charges ($1,846.41) = $2,683
The “Total Cap Reduction” ($750.06) at the bottom right of the quote, is this the rebate in the “Total Rebates:” line? If so, where does the $0.06 comes from? Typo?
As for “Customer Cash,” did they put this in the “Discount?” Where do I put this in the lease calculator? I am confuse with the number.
Attached is the quote, thank you in advance for any help/suggestion.
You’re missing things like the registration fees in the calculator. This discount is very poor. I’m assuming this is a 2019 because of the residual? Also, in California, a marked up MF is not all that common because of all the competition there. You should push for base MF.
