am a newb and first time posting.
BMW 530i xdrive - PREMIUM, CONVENIENCE, DRIVERS ASSISTANCE PLUS, PARKING, LUXURY LOANER, ~4200 mi
MSRP 66135,
Sales price- 53276,
Residual - 38,755
Rebates (conquest, grad, fleet) - $4500,
MF: 0.00145
Tax 7%
Per month - $477
Drive off - 933 (incl. first month + title/ dealer fees)
36 months/ 10K
is this a good deal? suggestions? can i make it better? calc says 12 yrs (i hope i used it correctly)
You should be able to do better. Check the forum for other posts on 5 series loaners. Some folks have reported ~20% off MSRP before incentives.
If you can, do multiple security deposits to lower the MF an try to get an OL code.
Good luck!
i think the 24 mo program works better on 530 loaners right now.
Share the calculator link if you can
@305Hackr how would i ascertain the 24 months period? any ways to play with the # before going to the dealer?
@SSB-LA i looked and my dealer doesnt seem to be participating in the OL code? any alt. suggestions?
I did look at MSD too - it makes a diff. but wanted to see what is the best i can do on the base value. the other ones can easily be calculated
Add 6% to the residual and change the # of months to 24 in the calc.
24 months only works better with a 19.5%+ discount preincentive
Your msrp in the calc is 60286 and you listed 66xxx
sorry…here is the correct link.