# Signed: Loaner 330e $49,945 MSRP - $347.14/mo, $0 DAS... Titled In My Name! **URL:** \ **Category:** Signed Deals & Tips\ **Tags:** bmw, tx\ **Created:** [February 28, 2019, 11:53pm UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117 "2019-02-28T23:53:19Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![andyecon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/andyecon/32/20802_2.png) [@andyecon](https://forum.leasehackr.com/u/andyecon)\ **Post date:** [February 28, 2019, 11:53pm UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/1 "2019-02-28T23:53:19Z")
Here is the background. I’m in Texas, so leasing is rough: you have to pay taxes on the full sales price unless you can get tax credits. So, BMW has an interesting financing product - the Owner’s Choice balloon loan, that gives low payments for a short period (like a lease) with a balloon payment (the residual) due if one wants to keep the car (but maintaining the option to return). So, this is the best I can approximate my Owner’s Choice loan with the calculator: \*\*MSRP: $49,9xx \*\*Selling Price: $40,6xx \*\*Monthly Payment: $347 \*\*Cash Due at Signing: $0 \*\*MSD:n/a \*\*Incentives:$6000 \*\*Months:24 \*\*Annual Mileage:10k \*\*MF:0.00205 \*\*Residual:0.65 (after mileage deductions) \*\*Region:TX \*\*Leasehackr Score: 11.5 Given the taxes, the deal is quite good - a hacker score of 11.5 years. Total payments of $8322 over two years. I’d be happy enough with this… But! The Owner’s Choice is a loan, which means that the car will be titled, for its first time, in my name! Which means that I can claim tax credits of $4001 on my federal return and a rebate of $2500 from the state of Texas, which would bring the total payments to $1821 ($76/mo) and a hacker score of 46.1! ---
**Author:** ![Parth\_Bharwad](https://leasehackr.b-cdn.net/letter_avatar/parth_bharwad/32/5_5575768a8748004e209b776fc1b2916d.png) [@Parth\_Bharwad](https://forum.leasehackr.com/u/Parth_Bharwad)\ **Post date:** [March 1, 2019, 12:29am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/2 "2019-03-01T00:29:08Z")
Sounds too good to be true. You should verify with an accountant before signing. If it is true, all I can say is W.O.W. & goodjob ---
**Author:** ![andyecon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/andyecon/32/20802_2.png) [@andyecon](https://forum.leasehackr.com/u/andyecon)\ **Post date:** [March 1, 2019, 12:30am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/3 "2019-03-01T00:30:47Z")
Everything I can find says it just has to be a newly titled vehicle… for legal purposes, I own the car the same way that anybody who finances would, I just have a guaranteed sales price in two years. Anybody else ever done this? ---
**Author:** ![Mort](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/mort/32/253905_2.png) [@Mort](https://forum.leasehackr.com/u/Mort)\ **Post date:** [March 1, 2019, 12:35am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/4 "2019-03-01T00:35:16Z")
Technically it sounds correct to me. You are the legal owner and BMW FS is the lien holder. Unless BMW FS somehow claimed the tax credit, but I don’t think they could. Nice hack. ---
**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\ **Post date:** [March 1, 2019, 12:47am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/5 "2019-03-01T00:47:06Z")
The resale value is guaranteed? ie BMW will buy it back from you at that price no questions asked? ---
**Author:** ![dukez](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/dukez/32/25862_2.png) [@dukez](https://forum.leasehackr.com/u/dukez)\ **Post date:** [March 1, 2019, 12:47am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/6 "2019-03-01T00:47:31Z")
I don’t know anything about that program, but the logic seems pretty sound. I’d chat with my CPA about it for a minute for a second opinion, but that sounds like an excellent hack! ---
**Author:** ![Qbrozen](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/qbrozen/32/40846_2.png) [@Qbrozen](https://forum.leasehackr.com/u/Qbrozen)\ **Post date:** [March 1, 2019, 1:20am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/7 "2019-03-01T01:20:11Z")
I’d love to read over the contract on one of these ---
**Author:** ![andyecon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/andyecon/32/20802_2.png) [@andyecon](https://forum.leasehackr.com/u/andyecon)\ **Post date:** [March 1, 2019, 1:33am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/8 "2019-03-01T01:33:20Z")
I’ll post it. My understanding is it is a balloon payment loan, with a set buyback price. Of course, the buyback price is reduced by excess mileage and damage. The intent is to replicate a lease with a loan. ---
**Author:** ![kamkata](https://leasehackr.b-cdn.net/letter_avatar/kamkata/32/5_5575768a8748004e209b776fc1b2916d.png) [@kamkata](https://forum.leasehackr.com/u/kamkata)\ **Post date:** [March 1, 2019, 2:37am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/9 "2019-03-01T02:37:52Z")
Wonderful Hack, enjoy your new ride. Regarding the OwnersChoice there are few posts in the past where they have successfully claimed it. ---
**Author:** ![Jon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jon/32/70934_2.png) [@Jon](https://forum.leasehackr.com/u/Jon)\ **Post date:** [March 1, 2019, 3:01am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/10 "2019-03-01T03:01:34Z")
Owner’s choice does allow you to claim the federal tax rebate, but only if new. Doesn’t the lease agreement list demo/loaners as used? ---
**Author:** ![andyecon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/andyecon/32/20802_2.png) [@andyecon](https://forum.leasehackr.com/u/andyecon)\ **Post date:** [March 1, 2019, 3:23am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/11 "2019-03-01T03:23:47Z")
They’re sold as new cars and you can check that the VIN’s have never been titled or registered, so everything I’ve read indicates that they’re eligible. ---
**Author:** ![andyecon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/andyecon/32/20802_2.png) [@andyecon](https://forum.leasehackr.com/u/andyecon)\ **Post date:** [March 1, 2019, 3:31am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/12 "2019-03-01T03:31:19Z")
Sorry, by “they’re” I mean the loaners for sale at BMW of San Antonio… they still list 97, but I gather they sold some today. ---
**Author:** ![Jon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jon/32/70934_2.png) [@Jon](https://forum.leasehackr.com/u/Jon)\ **Post date:** [March 1, 2019, 4:41am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/13 "2019-03-01T04:41:10Z")
I know BMWFS considers them as “new” for leasing purposes, but does your contract list it as “new”? From what I’ve seen, demos/loaners were listed as “used”. Can you post your contract (redacting all personal info)? ---
**Author:** ![Trato](https://leasehackr.b-cdn.net/letter_avatar/trato/32/5_5575768a8748004e209b776fc1b2916d.png) [@Trato](https://forum.leasehackr.com/u/Trato)\ **Post date:** [March 1, 2019, 4:47am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/14 "2019-03-01T04:47:50Z")
You’d need a carfax to see if it was registered or not. ---
**Author:** ![Jon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jon/32/70934_2.png) [@Jon](https://forum.leasehackr.com/u/Jon)\ **Post date:** [March 1, 2019, 5:11am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/15 "2019-03-01T05:11:55Z")
As @andyecon stated, BMW of San Antonio does still have the listings on their website. Unfortunately, none with Carfax reports. Maybe a dealer can help run some reports for us to see the results? Below are some VINs that are listed at great discounts. @Samson @GAngellBMW @BMW_Dave @YourNextBMW @Cody_Carter WBA8E1C56JA178635 WBA8E1C58JA178653 WBA8E1C5XJA178654 WBA8E1C53JA178656 ---
**Author:** ![Cody\_Carter](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/cody_carter/32/17794_2.png) [@Cody\_Carter](https://forum.leasehackr.com/u/Cody_Carter)\ **Post date:** [March 1, 2019, 5:21am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/16 "2019-03-01T05:21:16Z")
WBA8E1C56JA178635 - No carfax WBA8E1C58JA178653 - No Carfax WBA8E1C5XJA178654 - No Carfax WBA8E1C53JA178656 - No Carfax ---
**Author:** ![Jon](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/jon/32/70934_2.png) [@Jon](https://forum.leasehackr.com/u/Jon)\ **Post date:** [March 1, 2019, 5:22am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/17 "2019-03-01T05:22:28Z")
Thanks so much. No Carfax probably means new and untitled? ---
**Author:** ![Cody\_Carter](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/cody_carter/32/17794_2.png) [@Cody\_Carter](https://forum.leasehackr.com/u/Cody_Carter)\ **Post date:** [March 1, 2019, 5:24am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/18 "2019-03-01T05:24:25Z")
Correct. Ran a new toyota vin to confirm it would return same result. ---
**Author:** ![Supakimchee](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/supakimchee/32/140679_2.png) [@Supakimchee](https://forum.leasehackr.com/u/Supakimchee)\ **Post date:** [March 1, 2019, 5:25am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/19 "2019-03-01T05:25:23Z")
Sec, moving to Texas…or Georgia…or Illinois. ---
**Author:** ![skyline31518](https://leasehackr.b-cdn.net/letter_avatar/skyline31518/32/5_5575768a8748004e209b776fc1b2916d.png) [@skyline31518](https://forum.leasehackr.com/u/skyline31518)\ **Post date:** [March 1, 2019, 5:26am UTC](https://forum.leasehackr.com/t/signed-loaner-330e-49-945-msrp-347-14-mo-0-das-titled-in-my-name/105117/20 "2019-03-01T05:26:04Z")
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