Hello everyone, Trying to negotiate a lease on BMW i5 in Dallas, TX area. Attaching the dealer quote: Dealer quote I have an existing lease of BMW 530i which is completely paid and due for return in Mid jun’24. The dealer is giving a trade-in of $29,000 for it (My residual is way higher and at th…

You need to take a major step back here. Put together a target deal without accounting for your current vehicle and it’s MSD and equity. Way too many factors that are skewing the numbers which is more of a chance for a dealer to screw you over. Get your actual payoff from BMWFS. Perhaps @IAC can hel…

[image] Pg16: My current lease is $480/month, which i am comfortable paying. Do not want to go above it and also do not want to pay any down payment. as @max-g said, i would prefer to roll in my MSD of $3,500 to the new lease. If you don’t want to pay any down payment, and you are comfortable…

[image] Pg16: I did try the equity hacker and it quoted a $27,500 for my car So that’s your baseline on equity. Just keep in mind that dealers might offer you more equity as part of a new lease, but that’s just an alternative to discounting. I just finished a lease where I had an equity posi…

May i request help fill the calculator…not able to figure out where all the values should go

Also Leasing 101 days to not do any down payments, lest the car meets with an accident. But insurance does not cover taxes. So does it make sense to pay tax upfront rather than monthly and pay interest on it.

This does not make sense. The deal sheet shows the trade payoff at $25,600 plus I assume the $3,500 MSD for a total of about $29K. Since the lease is fully paid there is no reason to roll the trade in into the deal since it looks like you have negative equity. Why not simply turn in the current vehi…

You have to admit that $529 a month with $2K due at signing is a very good lease for an i5. The question is can this deal get better without the trade. When I run the calculator without the trade, I get almost $700 a month, but I may not be handling TX taxes correctly. I used 1%.

[image] Wtmeyer: You have to admit that $529 a month with $2K due at signing is a very good lease for an i5 But $529/$2k doesnt exist here

[image] Wtmeyer: You have to admit that $529 a month with $2K due at signing is a very good lease for an i5. Of course, it would be, but this isn’t what this deal is. It has $3,400 in trade equity plus 2k down for a total of $5,400 down, so honestly I’m a bit confused what you’re referring to…

Need help to validate BMW i5 Lease offer

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gohawks23 May 26, 2024, 5:40pm 22

Read this and post a link on your target deal. It really isn’t hard to try…or use a broker if you can’t.