I’ve been thinking about what car I wanted to get for a couple months, because why not. I was initially thinking about a cpo RC-F or GS-F, but decided I should probably lease because I get bored of cars, and I didn’t want to lock up a bunch of money.
Was looking at LT-1’s, but became disheartened, when I kept failing at finding a deal…we also had a cold snap in AZ (relatively speaking), and I realized heated seats were really nice.
Test drove an m340i, didn’t really think it was super sporty, so I figured if I’m going to get a luxury car, I might as well do it properly, and get a 5 series…didn’t take much convincing from @Clutch to start looking at 540i’s.
Was initially looking at loaner 540i’s, but numbers unfortunately didn’t really work out. After that, I resigned myself to getting a 2021 in a couple months, but noticed this one on a local lot. Threw an offer, and after a bit of negotiation, ended up with this. My only regret is not pushing for $241 more off to make the selling price $60969, more so for comedic effect, not the monetary savings.
Year, Make, Model, and Trim: 2020 BMW 540i
MSRP: $70510
Selling Price: $61210 (13.2%)
Monthly Payment: $578 pre-tax, $628 post-tax
Drive-Off Amount: $3500 (drive offs. Technically ~900 cap cost reduction because acq was rolled in, but whatever, total lease cost comes out to the same amount)
Months: 36
Annual Mileage: 12
MF: 0.00086
Residual: 57%
Incentives: 3250 (some combo of loyalty and lease credit)
Region: Arizona
Leasehackr Score: 9.3 years
It does have some silly options that I don’t need, like an illuminated grill, and obnoxiously squeaky msport brakes (its a 5 series…), but overall I’m very happy with the car. Buying some new tires and getting tints for it.
I was also going to put some money towards MSD’s, but was convinced the money would be better spent by putting it in the market, so I bought some GME.
Azurite Blue/Black is stunning in person. Looking forward to seeing how it looks in the desert sun.
(No, I am not getting that plate)
