Year, Make, Model, and Trim: 2020 M8 Vert.
MSRP: $ 159,145
Monthly Payment: $ 1166
Drive-Off Amount: $ 2140
Months: 36
Annual Mileage: 7500
MF: .00118
Residual: 0.55
Incentives:$3k Loyalty +$500 Penfed
Leasehackr Score: Doesn’t matter
Leasehackr Calculator Link: m8cal
First off, THANK YOU Leasehackr family for such an amazing platform of knowledge.
I had originally worked this deal out in Feb with a $500 less discount and I would have to fly out 800 miles to take delivery in person. Due to Covid, had to put the deal on hold at the very last minute at signing papers. Worst feeling ever but I guess patience always pays. Fast forward 3 months later car was still available and dealer was willing to entertain the deal with the enhanced BMW May program. After a little back n forth they lowered another $500 and included Enclosed shipping (~est 1300 - $1400 in Feb 2020)
In total, 2 months payment credit and a BMW CCA check for $1500 makes this deal even more sweeter.
As I do not plan to keep the car for full length, I opted out of MSD and switched over to 10k miles making the payment $1283+t ($1165+t after applying $4k credits (2 payments and BMW CCA)
