Year, Make, Model: 2020 BMW 740i (Loaner with 3,800 miles)
MSRP: $92,995
Selling Price: $67,000 (28% off before incentives)
Monthly Payment: $598.xx + tax ($655.xx incl. 9.5% tax in Los Angeles)
Drive-Off Amount: $0
MSDs: None
Months: 36
Annual Mileage: 10,000
MF: 0.00122 (raised from 0.00082)
Residual: 54% (less mileage adjustment for loaner @ $0.30/mile)
Incentives: $3,750 ($3k loyalty + $750 lease to lease)
Region: Los Angeles (purchased from East Coast dealer)
Leasehackr Score: Last I checked it was about 13.1 (but who cares!)
Leasehackr Calculator Link: CALCULATOR | LEASEHACKR
Story: It took me a couple of weeks to secure a deal like this, but it was worth it! I’ve seen a few unicorn stories about 740i demos/loaners on here, so I thought I would give it a shot. I don’t consider my deal a “unicorn” but I do consider it pretty darn good. It took about 20-25 emails to different dealers across the U.S., about a dozen phone calls, lots of rejections and ignored emails/calls, lots of digging, lots of HW, and the invaluable help and guidance of fellow LeaseHackr @Clutch - thank you so much! In the end it all worked out. I’m in Los Angeles, so this type of deal was impossible to land with a CA dealer. I ended up scoring the deal with an East Coast dealer (please do not ask for the name as they asked me not to share, and they cannot duplicate the deal in any event). They INCLUDED SHIPPING in the deal, which was phenomenal. The only thing I have to end up paying for given I am in CA is a smog test and the license/registration (approx. $800 total), so I consider that to be my “drive off.” It’s possible I just got lucky and this dealer had to offload this car because no other dealer even came close to this price and most laughed at me when I told them what kind of discount I wanted. Overall I feel great about the deal. I just received the car and I absolutely love it!
Second 740i Lease: Signed (Encore): 2020 BMW 740i Loaner - $93k MSRP - 30.5% off - 36/10 - $570+tax - $0 DAS - NO MSDs - Shipping Included
