With the help of @nextlevelautobrokers, I helped my sister sign the following lease at the end of February. I don’t have all the numbers in front of me, but the key numbers are fairly accurate, in case the data is helpful for others.
@nextlevelautobrokers was excellent. It was our first time using a broker which naturally created some anxiety, but I got to know Dan through the process and highly recommend him. He is a good guy. And hopefully, I was able to help him as well since he initially wasn’t sure if BMW loyalty applied for Mini owners.
I actually had been negotiating on my own and got lower quotes for the car from other dealerships, but they were not able to offer the $1700 NYS tax credit which made them less competitive. We also leased a Mercedes at the same time and I must say BMW dealerships were much easier to work with over email.
Year, Make, Model, and Trim: 2018 BMW i3 REX
**MSRP: $50K
**Selling Price: $43K (14% before incentives, 37% after incentives noted below)
**One-Pay Payment: $8600 (+$300 broker fee)
Incentives: $11,700 ($7,500 federal tax credit, $1,700 NYS tax credit, $1,500 loyalty and $1,000 OL code.
Months: 36
Annual Mileage: 10K
MF: 0.00158 (no MSDs available in NY so did one-pay)
Residual: 58%
Region: NY