That is my local dealer and where I’m returning my current lease next month. They have had a few of these with steep markdowns, but their lease terms have been pretty solid above $400 w/$1000 down, haven’t budged below yet.
Even with incentives removed and assuming a marked up MF, could still be a good deal especially because I doubt their ad includes fleet, OL, or a BMW CCA rebate. That is a pretty hefty discount on a nicely equipped vehicle.
I played hard ball with them to get my $48k X1 posted at $38k plus $1500 in incentives with .00166 MF for $380 including tax. I just paid Acq +1st month + $500 DAS.