Good Evening LH’ers
Signed for a 2022 BMW 750i x-drive last month and just got it shipped. I was initially on the EQS bandwagon, but did not have any luck with the numbers I saw here on the signed deals. So started working on the 7-series demo units, and within a month I got to almost 34 % off on this car with around 12k demo miles. I have a 740 right now ($ 587 payment for a 95k car) which is maturing in July, and with the flagship cash available to the 7 series and the model change, I decided to try my luck again. Special thanks to @Chris_Worthington for making this happen and sharing his contact with me at the dealership. I already submitted an inquiry at the dealership before I reached out to Chris, but was getting nowhere with the salesperson. Chris gave me his contact - who happened to be the sales manager and he was super nice and very pleasant to work with.
Deal would have originally happened in April, but somebody put a deposit while I was trying to work out the numbers with the manager, and I lost the car. However the other customer never took delivery of the vehicle (may be did not get approved or changed mind). All this worked out to my advantage. The sales manager reached out to me during the first week of May to see if I was still interested. They honored the price from April, even though the listing price was significantly increased in May (I am guessing all the hackers jumped on this). The MF is bumped up by the max allowed by BMW FS. But the discount quite honestly makes up for it. Also I am coming off a 740 lease and did not want the 750. But driving this monster now for a couple of weeks - I think I can get used to it. Lol.
There is also one appearance package - permaplate on the vehicle for the 3 years lease duration. It is an exterior and interior protection package which the finance office really wanted on the vehicle ($ 499). It is included in the payment on my contract. The other package was Kahu - GPS tracker which they were able to take off from my deal.
I tried to convince the finance manager to do buy rate MF, but they were very firm and the discount was there for sure to make up for the bumped up rate. So I did not fight it - they wanted some money in the finance office I guess. Also the options and the color combos are not as fancy as some of the other 750’s which some LH’ers signed in the same month. But again, the discount was what I was chasing and that is all I cared for.
With that being said there are still about 30 to 40 loaners out there for 2022 in the market. With the model change for 2023 and lease support ending soon (this month or next month), if you find the right dealer, this deal could be replicated (or even beat). Just want to add that this particular dealer does not have any 740 or 750 for 2022 which could be leasable. So if you know this dealer, please do not reach out to them. If they had another one at the same or even close discount percentage, trust me I would have got a second one.
The icing on the cake was that the dealer did 5k on the credit card for the MSD plus some inceptions, and I was able to reach the 90k Chase Sapphire Preferred bonus (in branch) which at a minimum is worth $ 1,125. However I plan to stretch it a bit further and transfer it to travel partners to maximize the value.
Good luck and happy hunting for the 7 series.
CALCULATOR LINK:
750.pdf (98.4 KB)