My BMW lease ends in about 2 months, which I can naturally extend if I lease another BMW, which I would like to do. What steps do I need to take exactly to get the best and lowest deal on a new BMW 430xi from the dealership?
How do I determine a fair lease price, negotiate, and find the best deal with a dealerships nearby? I did not really research or negotiate well with my current BMW, so I want to actually get the best deal I can this time, especially with the current increased prices. I know discounts are rare and it is a different time. There are about 8 BMW dealerships near me, and I basically want to go with the one that provides the lowest possible deal. Not looking to go with a broker.
What do I look for exactly and how should I structure the lease? How do I determine the residual and MF, for example? Step by step instructions? Do I call or email them, etc?
Is there a Wiki for this? Thank you!
4er is not a plentiful car right now since i4 production started.
Thanks! What steps do I take to get the best and lowest price on a 430xi now?
@nyclife has them for 5% off, go to Marketplace
We always recommend the following method before you ever contact a dealership. If you do all of the work up front, you’ll have a stress free dealer experience and set yourself for success.
- Read Leasing 101 (EDITORIAL | LEASEHACKR) to understand how to calculate a lease payment and the variables. Monthly payment is an output, not an input!! While you’re at it, be sure to watch the LH video (How to Use Leasehackr - YouTube) to brush up on how to most efficiently use the resources here.
- Pick a specific vehicle that you want to target
- Gather the current MF, RV and incentives from the LH Calculator - Lease Program Query or Edmunds forums for your zip code
- Research the LH marketplace and other deals that have been made recently on your vehicle - what was their pre-incentive discount? How did their lease terms differ?
- Plug your numbers into the LH calculator (CALCULATOR | LEASEHACKR), and use a pre-incentive discount similar to what you have seen
- Create a target deal, this is what you’re trying to negotiate to. You can try different terms, selling price discount, etc. and see how your monthly payment is affected. It is also possible that different trims of your vehicle may have different MF and RV (i.e. this is very common with GM), so make sure that you look into that. Come up with a set of inputs that give you the output that you want - your desired monthly payment.
With a target price determined, you now have a deal to pursue and compare dealer offers against. More importantly, you have a solid foundation to work from.
ask the broker here who responded to you for a quote?
I was given this BMW 430xi coupe lease price for 36/12k from a dealership for $878 per month, $1143 upfront.
This was the best deal I have gotten so far overall.
Thoughts? Feedback? Anything else I can do to lower it?
TYIA
You’re going to pay 35K to use a 50K car for 3 years. This year BMW leases are terrible with a good discount and it looks like you’re not getting any discount. If you really want to lease this car the things you can do to make it less awful is to get a discount, make sure MF is not marked up, put MSDs.
Absolutely not. I may be almost busted on available 4’s but even then we’re still discounting.
Walk away from this.
I would definitely keep shopping…
I bet they’re a few BMW brokers on this site that can help with your purchase!
….
How do I get a discount and MSD?
Brokers have been similar priced actually
Check out of NY, like MD
Get a better discount and then finance it. There’s probably all of 8 cars that are even worth considering on a lease these days.
Thanks! Why finance it? Or should I just buy my current BMW lease?
Which 8 cars?
None of which you want. 
But yeah the lease rates are currently not much better than doing finance.
I’m not sure how you think 5% of 50k = $2500 is anything close to the thing you posted earlier. And loyalty stacks.
Perhaps once you add shipping and broker fees if ordering from a faraway market.
Hmm in state of ny and the broker name is nyclife. Bit hard to understand a shipping cost
broker ain’t getting the car from NY so the dealer fee is much higher than the usual 175 most likely within the range of 500-600 and then broker fees are also within the 500-600 range and if shipping is needed then that’s another 250-350.
Not sure how select financing works? (Might be a good idea 
)