I never thought we could ever come close to our deal from last year on a brand new 2017 i3 Rex at an effective 24/10 lease payment of $128/mo incl tax - then we took delivery of this guy last week…:
2018 BMW 328d XDrive loaner (3,277 miles)
**Selling Price: $38,724.00 (>23%)
**Monthly Payment: $149.46 including 6.35% Sales Tax (x23 months)
**Cash Due at Signing: $81 (Incidentals & to bring payment under $150) + $1050 MSD
**MSD: 7 (max - of course)
**Incentives: $5,000 lease + $1,000 loyalty + $1,000 Full OL code (Local BMW of Ridgefield event) + $125 ‘Mystery Bonus’ (Dealer error?) = $7125 total
**Months: 24 months
**Annual Mileage: 12k per year
**MF: .00192 (After max MSD)
**Residual: 64.57 % (Loaner)
**Region: NY Metro (CT)
**Leasehackr Score: 30 Years
Well equipped - we love the car!
Yep: We are driving a $50k BMW sedan for less than $150/mo. Going with only 10k/year would have dropped it into the mid $120s, and this month’s lower money factor would have dropped it another $10 or so! Just insane.
The Adjusted Cap Cost was $32,721, against a residual value of $32,511. I guess this means I probably left around $210 on the table… (Something to work on for next time around)