Quote:
Originally Posted by bluzbra
Are you sure the total rebates in March were only $2,000 for the M50i? Doesn't sound right. I picked up my sDrive40i in March and used the March program, and my total rebate with loyalty was $2,250. I'm pretty sure at the time the M50i was the same or more than the sDrive40i (I recall $2,750). That could be what's making the March program better to use vs. June.
Assuming it was actually $2,750 total rebates, that's $250 more in rebates than this month + 1% higher residual ($910 based on your MSRP), giving you about $1,160 more towards your deal. That would then offset the 0.00024 MF difference and net you a slightly better deal by using the March program (a few dollars by my math). I'm not counting the USAA rebate in either scenario.
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You were right about the rebates in March. It feels like March was a lifetime ago when I ordered the vehicle. There was a $1000 lease credit, $1250 loyalty, and I have an additional $500 for USAA.
For the June programs, the dealer is saying lease credit for M50i is $1000, not $1500. I saw you posted that the Lease credit for a 2020 M50i for June is $1,500 and loyalty is $1,000 (total of $2,500). Are these regional? I'm trying to figure this out today because I'm planning to pick the vehicle up tomorrow afternoon.