Can you explain this? Are you saying he had $195 + $2100/30 or $265 per month in effective costs, before his rebates? $3300/30 = 110 or $155 per month. Is this the right math?
How does one pay reduce the effect monthly to $110?
One pay does not reduce the effective payment. I was just trying to make a point that any large amount of DAS can lower the effective payment to whatever you want if you don’t account for it. It’s like if a dealer advertises a deal and says only $99 per month but fine print says $4k down. The buyer would be only drawn the the monthly payment.
This was not any large amount of DAS and definitely not a dealer tactic to attract customers. DAS included only taxes, fees and registration which is the standard way most deals are presented and signed in this forum. Added the DAS in the title so that people aren’t misguided to thinking otherwise, but I think the description in the text was pretty explicit about all elements included in the calculation and the term effective monthly was only used to describe the monthly after rebates.
People are mixing up DAS, cap cost reduction, down, and out of pocket lol. I think people should start focusing on total lease cost. Even grounds there.
Congrats on the great deal. My 2017 i3 Rex is up for return on Dec 3rd and I’d love to pick up a new one with a similar deal. I have loyalty and OL. Would you be able to introduce me to the dealer? I’m also based in the bay area.
Thought about going the broker route but this beats even that!
Reach out to BMW Eastbay @ Greg or BMW Concord @ James they both gave me best deal. Got the exact same deal as OP. There is $1k OL “hunger and drive event” going on now but you better hurry as 11/16/ is last day to get the OL code and good til end of year. Just walk in to any dealer to test drive a car to get the OL code.
