Signed: 2020 BMW 330i RWD - $348/mo incl taxes

First off, thanks to everyone in this forum and the Leasehackr calculator for helping me understand what goes into a lease and what to negotiate on. This was my first ever lease, how’d I do?

2020 BMW 330i RWD
MSRP: $42,600
Sale Price: $37,605
Monthly Payment: $348 incl taxes
Drive-Off Amount: $2300 (1st payment, taxes, fees)
Security Deposit: $2450 (7 MSD’s)
Months: 36
Annual Mileage: 12k
MF: 0.00137
Residual: 60%
Incentives: $2750
Sales Tax: 8.5%
Region: Nor Cal
Leasehackr Score: 9.8
Leasehackr Calculator Link: leasehackr.com/calculator?make=BMW&miles=12000&msd=7&msrp=42600&sales_price=37605&months=36&mf=.00137&dp=0&dealer_fee=85&acq_fee=925&taxed_inc=2750&untaxed_inc=0&rebate=0&resP=60&reg_fee=600&sales_tax=8.5&demo_mileage=0&memo=&acqFee_check=true&monthlyTax_radio=true

I have an 03 MINI Cooper S which I’m sad to be letting go, but it qualified me for the loyalty incentive which was nice!

5 Likes

This post was flagged by the community and is temporarily hidden.

12% pre-incentive, base MF, maxed out MSDs… Nothing to complain about there

3 Likes

How to receive $2750 taxed incentives? Could you break down ? I know royalty incentive is only $2000

1 Like

From BMW’s website, the only incentives listed are lease credit ($750) and loyalty ($1000). Maybe OP got other incentives totaling $1000.

1 Like

I’ll double check on this, but I believe the rest came from dealer contributions. If that is the case, that $1000 would fall under untaxed incentives I believe (please correct me if I’m wrong).

Did you have an OL code, fleet, etc?

$1000 shown on bmw site is conquest. $2000 is loyalty

2020 330i incentives for NoCal are $750 Lease and either $1,000 Conquest or $2000 Loyalty.

OP got it right with the $2,750 total and it is a taxed incentive for him.

1 Like

Oh! Thanks for sharing that!!

Again…

$1000 conquest and $2000 loyalty.

Not in my region (northeast). Anyway, OP is in a different region.

The BMW site can be deceiving.

If it shows “$500 loyalty/conquest,” it means $500 for conquest and double that for loyalty ($1,000).

I just emailed the dealership to clarify and it was $2000 loyalty and $750 in lease credit!

Thank you so much for sharing that.

1 Like