Hey Folks!
I know BMW has reduced general incentives for their demo/loaners. Edmunds and our calculator only shows incentives for new, but I confirmed with 6 different dealers that incentives take a slight dip for demos.
Is there a resource that we can pull those from?
I think it can vary by model, so, if there’s a specific model you’re interested in, maybe post here to see if one of the brokers working w/ BMW (and we have at least 2 very active ones here) respond?
Hopefully someone can help. Looking for demo incentives for '24 XM 36m/10k miles
I used to work for BMW years ago so I cannot say anything with current market…
But I can say that once a vehicle is over 500 miles you begin to pay for the depreciation in the cap cost so it does in fact raise the lease payment for each additional mile. However, the discount should typically offset the added mileage and make for a sweeter all around deal….but not always!
To clarify, the mileage from lease inception. Ie car has 4500 miles on it. You pay the 4000miles x 0.xx and that is added to the cap cost.