LEASE 430i xdrive convertible 2023 NJ NY

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Hello everyone I am hoping to get some help here on leasing a 2023 430i xdrive convertible bmw in New Jersey. I’ve done some research on the MF, residual, etc and started talking to one dealer who is giving me a horrible deal of $1,150 which I refuse to accept. He said their MF is 0.00125 and quoted me on a 39 month lease. This quote is with no money down, I believe he rolled the taxes into the monthly payment. I am using the leasehackr calculator and wanted to know what is a reasonable % off MSRP that I can ask for without pushing boundaries? I was hoping to stick to the 800$ range.

2023 430i Xdrive convertible
MSRP: $63,000
M sport Package
Location: NJ

sales tax: $2,283
cap reduction: $2,000
0.56 residual
doc fee: $600

Grs cap cost: $ 64,800
Net cap cost: $ 65,100

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I believe @Ashleigh or @IAC_Scott could do better

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When you use the calculator, and taking into account whatever rebates/etc. are available, what % off MSRP do you need to achieve ~$800/mo?

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I have a 430i 'Vert Loaner coming out in 1.5-2 months that will be a screaming good deal if you can wait for it.

That being said, let’s see if I can help you review this deal, we’re always happy to help, even if you’re not buying from us!

First, I assume that you have loyalty, because the 39 month deal is loyalty lease.
Here is a calculator for your deal:

Even at 0% off MSRP, it still is way less than $1,150, so I’m not sure what is going on here. Is there some kind of negative trade equity?

I can let you custom order one at 5% off, here is a calc what I would offer you:

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I think 6%. (from my calculation) However for some reason when I put these numbers into the calculator they do not add up to the $1,150 monthly payment he quoted me at. So I have no idea where he is getting this price… and I feel lost. So before i respond to him or reach out to many other dealers… I wanted to ask here.

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Wouldn’t the i4 be a better “deal”?

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The i4 just is the cheapest leasing BMW right now, but if they want’s a 'Vert, this is going to be it. Regardless, I can keep @tayachka95 inline with the payment they want without all the games, even a little less.

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I am trying to figure out the same thing as to how he made it to $1,150/month. What is a vert loaner? I am in no rush to get this vehicle so yes I can wait. Can we discuss this more?

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Sorry, not good with abbreviations. I am strictly looking for convertible. So yes lets discuss

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My cell is 516-416-5481, call or text me and I will help you out

I have a 430i Convertible that is currently a loaner car that I can absolutely blow out in a month or two.

I also have a $64k MSport 430i Convertible on the ground we can do something with.

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This segment leases horribly. Consider financing the car that @IAC_Scott is offering you, and work with him to get a good deal on the APR and the extended warranty.

Owning these cars for 5-6 years years at a time will come out way ahead of serial leases. I’m talking about saving something like $20,000 each time.

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BMW added the 4 series to the loyalty lease program this month which helps a LOT, but the residual’s aren’t doing anyone any favors.

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Don’t mean to hijack but if this person passes do you mind sending me the info on specific specs of that car please? Where are you located by the way?

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Same for me please!

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