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OP You killed it here - no doubt about it …
Unicorn level deal. Nicely done OP!
Waived acq fee for 5 basis points would’ve saved you an extra 100 total lease cost. But great deal nonetheless!
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I actually wanted to mention that to the finance guy but I forgot. Lol.
Nice way to save $100 bucks in 10 seconds!!!
Is this repeatable? Interested to know.
I’m also wondering if this is repeatable. In NJ here. What exactly are the incentives?
I just had to look at diesels in my area, I found one with $47k msrp, I’m jealous, don’t need it though. Dealers smell blood in the water on these oil burners and are blowing them out(don’t want to get stuck with those), if I was in the market I would be targeting these.
What is that exactly?
Why do dealers want to get rid of Diesels?
I’m not @joeblogs, but I assume it’s b/c diesels won’t meet future emissions standards, so why get stuck w/ cars that are essentially un-sellable?
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Can they replicate the deal?
I think it has more to do with lease support ending at the end of the month and as much of a bath the dealers are taking on the lease selling will be worse. The car is certified to sell in 2018 it can’t be revoked because emissions change in the future.
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They are probably coming to the realization that once lease support is gone, it will be difficult to unload these. It’s easy to get someone to do a 2 year lease on a car they might not considering at first. Doubt you could switch somebody looking to buy from gas to diesel. I don’t think they are very popular. Are they continuing it in the new body style?
Nope - the diesels are dead and gone, dead and gone … I can almost bet that after the lease is up, BMW will beg the lessee to buy it out for pennies on the dollar …
UPDATE: Alexander Schmuck, BMW Product & Technology Communications Manager, has provided Motor1.com with a clarifying statement about BMW’s diesel future in the U.S.: “The all-new BMW X5 will launch with 2 gasoline variants (xDrive 40i and xDrive 50i) and a PHEV variant is planned to follow in 2020 as a 2021 model year. The final decision as to whether or not the BMW X5 diesel variant will come to the U.S. market has not been made. BMW of North America continues to monitor customer preferences and is prepared to adjust the product portfolio accordingly.”
BMW is joining companies like Toyota and Honda in abandoning the diesel technology. However, the Bavarians won’t kill its diesel powertrains entirely, but will only discontinue them in the United States. 2018 model year will be the final for diesel-powered BMWs in America, a spokesman for the company has confirmed to The Car Connection earlier this week. In return, the automaker will focus on plug-in hybrid electric vehicles.
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That just furthers my argument, smart dealers are dumping these things.
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BMW doesn’t negotiate buy out price.
I believe they did for i3.
Nissan doesn’t negotiate either…until they did for the Leaf because they weren’t worth squat on the auction block.