Signed: 🦄 2020 BMW 740i x-drive (contract attached)

,

Nicely done. Awesome deal. Beautiful car. Enjoy it :slight_smile:

1 Like

Nice to see someone hack these 2020’s at around where the 2019’s were going 1-2 years ago.

Great job OP.

Curious if any of the other demo’s were M-Sports?

Asking for friend…

Also don’t sweat the MF bump up at all. It doesn’t matter how they make the sausage as long as you get it at the price per pound you are wanting to pay.

3 Likes

How did you figure out which dealers had the demo 7s for sale?

Unicorns are immune to COVID-19. Well done.

4 Likes

I thought they’d gone extinct during Covid.

3 Likes

I’m pretty sure it’s this car Great 7 series lease deal

4 Likes

What you meant to say was…

I opened this post with timid trepidation and realized that this intrepid road warrior had mastered the art of war, as explained by Sun Tzu…
[10 minutes and 4 thousand words later ]
… Well done…

1 Like

Nope. I said what I wanted to say. @vhooloo Know your audience.

I am surprised your response wasn’t:
“Reading BAD. Too much scrolling, wrist hurts. Unicorn. 1 word.”

1 Like

Congrats on your deal @love2lease
To anyone looking to hack a similar deal on a 7 series, here is some advice after reading this post:

  • It takes time to find the “right” car on a dealer’s lot.
  • It takes determination to be able to haggle with a dealer after you find the right car.
  • Make sure you know your numbers such as residual value (RV), money factor (MF) and incentives you qualify for.
  • In OP’s case, that $3k in BMW loyalty helped with the deal.

Can’t wait to see the next 7 series “unicorn” deal.

2 Likes

Nicely done. Solid deal!

1 Like

You can check out car gurus and filter by mileage (less than 5k miles).

3 Likes

If you don’t qualify for any incentives such as Loyalty, you can also look at ones between 5,001-10,000 miles and see if you can get enough discount to make it worth your while

3 Likes

Gorgeous 7 Series!!! Congrats on your new car!!!

1 Like

Great job. I’m more impressed with the $850 transportation from CA to NJ though :grinning:

4 Likes

CO to NJ…

How is the residual affected?
And what sort of discount do you think you can achieve?

Impossible to predict. Just like the OP you have to work hard to find the deal, if it even exists, and be very flexible

It might be easier to find a transfer TBH.

1 Like

Still a good price. It’s a big and heavy car for a long distance.

1 Like

So seems like Penfed and OL code cannot be combined together. I know from the stackability matrix from BMW it seems like they could be combined with Loyalty. But the dealer said they got burned on one of the past deals where they applied it together. I also got in touch with a local BMW dealer where I usually bought my vehicles in the past (before I found LH) and they verified it too. Also on this forum I see a few topics related to that and there seems to be confusion. On past deals on this forum where the dealer applied it, may be they got burned too or they had room to further discount the vehicle and they might have said that they took Penfed and OL code together and the money came from somewhere else in the deal. That is my educated guess.

Lol. You can tell your friend that this was the only 7 series they had in their inventory. However I will keep an eye out there and let you know if I see something else pop up.