Confirmed deal and sent the app over tonight - picking it up tomorrow afternoon! Will post pics once delivered. I was being quoted $650+ for similar car and worked it down to where I thought it was a solid deal and doable (for dealer) based on what I’ve seen/heard. Couldn’t find a direct comparative here or on Edmunds - but if you think this is a good/bad deal would love to hear.
'21 BMW 530i M-Sport/convenience/shadowline/MSport brakes
$61,500 MSRP
$54,120 selling price (-12%)
36/12k
$628 w/ 7.75% Tax
$763 DAS (1st mo/misc. taxes)
$1750 incentive/lease cash
58% RV
.00082 MF
SoCal region
Leasehackr Score: 8.8
Leasehackr Calculator Link: leasehackr.com/calculator?make=BMW&miles=12000&msd=0&msrp=61500&sales_price=54120&months=36&mf=.00082&dp=0&dealer_fee=85&acq_fee=925&taxed_inc=1750&untaxed_inc=0&rebate=0&resP=58®_fee=620&sales_tax=7.75&demo_mileage=0&memo=&monthlyTax_radio=true&dealerFee_check=false&govFee_check=false
1 Like
You got 12% off MSRP + base MF. Pretty solid deal. My only advice for your next deal is to sign up for a Penfed account. You just need $5 to open an account, and after 60 days of membership, you will be able to generate a certificate for an additional $500 discount.
2 Likes
Wow, almost identical to a deal I’m working on a 2021 530i X Drive. This is helpful! I wanted to be at around $600 with same mileage and length and our tax rate is the same. Sticker is a little more on the one I’m looking at but not much.
Question - you have an OL code or any BMW loyalty?
1 Like
No loyalty, my last BMW was 9 years ago. I was hoping I might get closer to $600 with tax but the more I beat up a couple of dealers the more I thought again! And not knowing how the programs might change next month, I figured I would pull the trigger. Keep us posted on what you’re able to get done!
1 Like
Will do!
I’ve got a $1000 OL code to use but the dealer I’m working with doesn’t seem to be too “motivated” even though they’ve got quite a few 530’s. First quote back was $680 with $680 first payment due. I should be around $620 if they matched your deal with my OL code included. My OL code expires Feb 1st and their last day of the month is Saturday.
Post some pictures once you get the car!
I can confirm, you got a good deal. Granted I’m in Missouri but two dealers I’m close with couldn’t get near $625 and we’re closer to $680 for ones that stickered for $62300 and I had a $1000 OL Code to boot so we were pretty close to the same starting point.
Guess I’ll hold out for longer.
Congrats on the deal!
1 Like
Thanks and good luck! The dealer thinks I got a good deal too!
I think BMW has done a great job with the 5, really nice driving car and lots of tech! I had an ‘08 M5 and a ‘11 535, both were nice in their own regard but this is really nice!
4 Likes
Looks great! Love the white M Sport with black accents. I had a 2016 3 Series with that same color scheme and came close to getting another.