Year, Make, Model: 2020 BMW 740i (Loaner with 3,500 miles)
MSRP: $92,995
Selling Price: $64,600 (30.5% off before incentives)
Monthly Payment: $570.xx + tax ($625.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: 53% (less mileage adjustment for loaner @ $0.30/mile)
Incentives: $3,000 loyalty
Region: Los Angeles (purchased from East Coast dealer)
Leasehackr Score: 13.7
Leasehackr Calculator: CALCULATOR | LEASEHACKR
Story: As many of you may have already seen, I recently posted a deal I scored in late October on a 2020 740i from an East Coast dealer (link below). I kept a good relationship with the sales manager and was lucky enough to score a second one for the parents a couple of weeks ago, with a lower payment than my first! Unfortunately for November, the residuals dropped 1% and the lease-to-lease rebate went away, so although the discount off MSRP before incentives is 2.5% more this time around, the overall monthly payment is only $28 less. Once again, this was a true sign and drive with shipping included in the deal. I only had to pay for the registration and smog (approx. $800 total). Silver was not anyoneās first choice, but I have to say, it looks a lot better in person and will look even better with tints. We just received the car a week ago, but have barely driven it. Looking forward to more drives!
Once again, I am unable to provide the name of the dealer as they have asked me not to share (for obvious reasons). I am happy to answer questions and provide people advice, tips, etc. based on my experience, as I have already done with my first deal, but I just cannot share the name of the dealer out of respect for their request not to.
Iād have to agree and disagree. I never thought I would āneedā a 7 Series until I got it and realized how practical it is when you have two car seats (one forward facing and one rear facing). The amount of room in the back seats is just unreal. Now I canāt go back to any other car. So moving forward, Iād say I need a 7 Series. And of course, with numbers like these, most anybody would want a 7 Series too.
Iāll double down, being 6ā2 the seats in the 7 series are amazing, 5 series is doable, 3 series is not doable.
I can see the benefits to having more space, but heās right most people want a 7 series or S class, they usually donāt actually need it, aside from diplomats, luxury car services, etc etc
