Signed: Brand new 2020 X3 M40I $544/mo+tax (max msds+ $615) as DAS

Just leased this bad boy x3 m40i for $544+tax (after $4200 msds)
Year, Make, Model, and Trim:
MSRP: $60895
Monthly Payment: $587 w/tax
Drive-Off Amount: $ 4815 (includes $4200 MSDs)
Months:36
Annual Mileage: 10k
MF:.00107
Residual:$34,681
Incentives:4750
Region:SoCal
Leasehackr Score:
Leasehackr Calculator Link:

5 Likes

what was the % discount?

Was this a loaner?
Definitely a lot more car than the CX-5 haha

18% with incentives…

Brand new…yeah hell of a vehicle…

Curious what the 3737 cap cost reduction is. Did you trade-in a vehicle?

No trade-in, looks like there was $4750 in rebates and $4815 customer pay at signing. $4200 refundable security deposit tho? I guess that’s a BMW thing.

How about before incentives, since that’s the only discount that matters for comparison shopping?

It’s a many brand thing that’s generally a very good idea to utilize.

That’s correct, no trade-in… $4200 in msds…I was told 12.8% ish off before incentives… might not have been the best deal around here but I walked away super happy with my car!

Sort of topic but is the dealer in Carlsbad? Pictures give me that oceanside vibe

Still confused about this. In the screenshot you posted it says:
B. Capitalized Cost Reduction: - $3,717.07

Where did this come from?

If I am reading this correctly. Dealer discount off of MSRP was based off the listed $53,985.53 as Gross Capitalized Cost. So discount was: MSRP - Gross Capitalized Cost. $60895-53985 = $6910.

Capital Cost Reduction is down payment towards the lease. It came from the rebates and his $615 cash due at signing (excluding his $4200 deposits)

Selling price was $53060. Almost 13% off pre-incentive at buy rate is a solid deal.

Somethings seems a little off. I’m considering a similar vehicle with an MSRP of just under $65k. Assuming the same lease parameters, max MSDs, $0 cap cost reduction, 13% off MSRP and $3750 incentives (all I am eligible for), I come out to $523 before taxes. In effect, my deal is a 19.3% off MSRP with incentives included.

great deal ! mind sharing the dealer? i’m interested !