What joeblogs said but I cannot even figure out their math. Are the listing the sale price of $38k after applying the $2,500 lease incentive? Otherwise the payment should be around $350 before tax if it’s $38k-2.5k with a $29k residual.
I also thought lease cash for 3-series was $3,500 this month per Dave. Could be less due to the region and/or since it’s a loaner.
People are getting 3-series loaner easily discounted at 20% so that should be your target. May need to shop around especially since it’s the beginning of the month and year.
Tax situation is what it is. Interesting your stuck before a rock and hard place since extending the lease to 36 months gives you more use of the taxes paid but then would reintroduce the acquisition fee which essentially wash each other out. Did you inquire about MSD to save you another $20-$30/month?