Questions on 2017 BMW 330i xDrive Lease

Ask the Hackrs
1

Hello- I’m relatively new to this. I found a 2017 BMW Loaner that I was interested in and have been going back and forth with the dealership on it. Here’s the stats.

2017 BMW 330i xDrive
MSRP: $50,450
Selling Price: $41,950
Doc Fee: $75
Acquisition Fee: $925
Money Factor: .00182
Rebates: $3000
Residual: 0.6
Due On Delivery: $3052.62 (Covers all taxes + fees- I’ve asked for a breakdown on where this is all going)
Payment: $389.94

Dealership is in NY. 12k/year for 3 years.
If I forgot anything let me know! Sorry I’m new to this.

2

Money factor is inflated. Buy rate is .00152. How many miles on it? That will reduce the residual by $0.25/mile over 500.

That’s an effective 475/mo payment. I’d keep looking.

3

Thank you for the input! What would be a normal money factor for something like this?

Right around 4000 miles.

4

Buy rate is .00152 (3.648%). They inflated it to .00182 (4.368)

5

Gotcha- My apologies, I misunderstood the term buy rate. I’m going to have to do a little more research it appears.

Thank you again for your input.

6

If you’re willing to travel to DC, this one could be had in the low 300s. @E46M3 works there. He’s a good guy.

Or, see if your dealer will come down more on his to get closer to this.

7

Ooh. Thank you so much for linking this to me and providing me with a reference.

This vehicle is very similar and I wouldn’t mind taking a trip down to Maryland but I don’t know how I feel about the red interior. Regardless, thank you very much for telling me about it and for all your help.

I may link the dealer this and see what he can do. Thank you!

8

Sorry, scratch that. Passport includes their incentive in their sales price. I forgot to take that out of my calculator. That’s going to be around 400/mo on a 36. Still cheaper than you were offered in NY and not terrible for a 50k car, but not fantastic either. They may be able to work with you on another one though.

9

Not a good deal. MF is inflated as people are saying. If the discount includes the $3000 incentive, I think you can get the selling price closer to $40000. Payment in the $370 range with 1st month out of pocket? My car was $51235 with 3385 miles. Had $5000 in incentives. $333 per month with $333 down on 36/10k end of year. Had transported for $375 to make payment approximately $343. Hope this helps!

10

I believe that $41,500 sale price is before the incentive. What are you saying it should be before the rebate?

Sounds like you had a great deal. This makes me want to keep looking.

I apologize if I’m asking too many newbie questions- it’s been a bit overwhelming since I started to look at these. Thank you for answering. It definitely helps!

And @mp11477- thank you, I’m going to take a look at their site.

1 Like
11

Are you eligible for loyalty? I’d push for buy rate, no chance I’d pay the mark up.

I can get you buy rate at PassportBMW.

12

I was able to get over 10K off before Grad incentive for my friend on a new 2018 with MSRP 52.7K in November so numbers and incentives have changed but send me a PM if you want the dealer and salesperson. They are quite new so I guess they are more willing to make a deal. They are a NY dealer.