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      10-30-2018, 11:26 AM   #23
roxxor
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Currently being offered $3k off MSRP of $79,330 for a 40i plus the $1k loyalty for a total of $4k off, or right around 5%. Is this a pretty good deal for a new ordered car, or is there more wiggle room that I could hold out for more?
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      10-30-2018, 11:30 AM   #24
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Quote:
Originally Posted by roxxor View Post
Currently being offered $3k off MSRP of $79,330 for a 40i plus the $1k loyalty for a total of $4k off, or right around 5%. Is this a pretty good deal for a new ordered car, or is there more wiggle room that I could hold out for more?
You should not include your 1k loyalty in your savings package - that comes from corporate and should not affect your negotiation whatsoever - that should come last. I would hold out for minimum 5% off your MSRP as your CAP cost, then apply the 1k loyalty bonus.
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      10-30-2018, 09:34 PM   #25
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How long are lease program locks good for on the west coast? Say I want to order a December build car (so likely not being delivered until Jan/Feb), does it even make sense to try to lock in the October program details? Will that lock expire by Jan? Thanks.
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      10-30-2018, 10:12 PM   #26
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Quote:
Originally Posted by roxxor View Post
Currently being offered $3k off MSRP of $79,330 for a 40i plus the $1k loyalty for a total of $4k off, or right around 5%. Is this a pretty good deal for a new ordered car, or is there more wiggle room that I could hold out for more?
You should be able to get a better deal. My initial discount was about 3.25%, we ended up at about 4.4%. I don't have any dealer history and didn't negotiate hard. I liked the car, the CA and the dealer so I was good to go, that was before leather credit also. MSRP similar to yours. I would think 4-5% should be 'good' for a new build, if I was buying a lot car I would be looking for 7-10% unless it was an older model.
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      10-31-2018, 08:20 AM   #27
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Any news on November mf, incentives or pull ahead?
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      10-31-2018, 12:10 PM   #28
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How long are lease program locks good for on the west coast? Say I want to order a December build car (so likely not being delivered until Jan/Feb), does it even make sense to try to lock in the October program details? Will that lock expire by Jan? Thanks.
They are good for 90 days. I believe BMW usually changes programs a few days into the next month. That's been my experience anyway. I locked in September programs in early October. My lease is up January 3rd. I am looking to take delivery of my car in December and my CA said rate lock will be good through beginning of Jan. I can then take advantage of whatever program, during that time, is better. Wish we could mix and match!
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      10-31-2018, 12:14 PM   #29
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Originally Posted by jbx5 View Post
Some Costco issued certificates can in fact still be used if the car was ordered at the right time - it will take some arguing to get them to agree to it but it can be done.

Events like drives, previews, etc., that are either by invitation or not, are usually accompanied by an emailed coupon for savings a few days after you attend. I've attended 3 such events (normally these coupons can stack!) - and all 3 have excluded the 2019 G05 family...typically, these coupons are applicable to absolutely anything and have very few restrictions.
That blows...all that effort to go to those events and they won't honor any of it. Just plain greedy imho when they exclude new cars.

I placed my order in September and not sure I can argue for Costco or USAA but will try once mine comes in.
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      11-01-2018, 08:55 AM   #30
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November not to remember

Road Home sales event promo started today. Nothing good happening for X5. Already known 1K loyalty credit and thatís it. All prior coupons invalid for G05.

See details below in screenshot captured moments ago on bmwusa.com

If Jay or any other CA or SM can advise if there are any other hidden new non-published promos and the new money factors, pull ahead, residual value changes, that would be great.
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      11-01-2018, 09:18 AM   #31
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Quote:
Originally Posted by jbx5 View Post
If Jay or any other CA or SM can advise if there are any other hidden new non-published promos and the new money factors, pull ahead, residual value changes, that would be great.
@NH_F36 Jay, you aware of anything... for those of us hoping to take delivery today/tomorrow?? Thanks, man.
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      11-01-2018, 09:23 AM   #32
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Quote:
Originally Posted by jbx5 View Post
If Jay or any other CA or SM can advise if there are any other hidden new non-published promos and the new money factors, pull ahead, residual value changes, that would be great.
@NH_F36 Jay, you aware of anything... for those of us hoping to take delivery today/tomorrow?? Thanks, man.
I also started a new string on this. One thing I noticed on the website is a higher dealer contribution of $2,109 vs. like $700 last month
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      11-01-2018, 12:54 PM   #33
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Updated with November program rates -- no changes from October.
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      11-01-2018, 01:04 PM   #34
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Jason, can you please include Money Factor as well as we can't calculate the lease payment without it.
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      11-01-2018, 01:14 PM   #35
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Originally Posted by TK421BMW View Post
Jason, can you please include Money Factor as well as we can't calculate the lease payment without it.
Itís still .00182.
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      11-01-2018, 08:33 PM   #36
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Originally Posted by ScottMZ3 View Post
Itís still .00182.
I can confirm this, just ordered today!
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      11-01-2018, 11:04 PM   #37
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Originally Posted by ryan-corns View Post
Is it still continuing Multiple Security Deposit (MSD) Program? if, yes. please with me your feedback as i wanna participant in this future.

Thanks ...........
Only if you are grandfathered in with an existing MSD lease. But it's garbage now. Add the high MF and a max .00035 MF reduction for 7 SD, it don't make sense
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      11-02-2018, 01:23 PM   #38
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What am I missing in these numbers??

So I feel like I am missing something in the lease offer a dealer is presenting me with. I admit, having only done a lease once 12 years ago with Acura, I am not the most knowledgeable person on the topic, but I have done some research. Using some calculators online, the monthly payment I am calculating isn't coming close to what the dealer is telling me the payment would be on an X5 40i.

36 month/30k miles
MSRP: $79,330 which includes the Destination Fee
Selling Price: $75,230 plus $1k loyalty
Residual: 59%
Total Drive-off: $15k value from trade-in, nothing owed
Acquisition: $925

Money Factor: Dealer dodged me when I asked about the monthly and the money factor, stating taxes were the reason it was what it was, which doesn't give me a lot of confidence about them being upfront.

Using the online calculator with the above info and assuming the .00182 MF, my payment should be around $660/mo. However, the number the dealer is giving me is $775/mo. Even if they are playing with the MF some, I can't imagine how they are possibly getting to that monthly rate. Any experts that could chime in?
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      11-02-2018, 03:02 PM   #39
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Dealer numbers make no sense at all with the information that you provided. Can you provide the amount of taxes and whether there is any use tax on your monthly payments? Also, what is the MSRP without the destination fee? The fact that they won't tell you the MF does not give me a lot of confidence. Taxes would need to be significant for them to get to $775 / month.

Last edited by maze446; 11-02-2018 at 03:07 PM..
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      11-03-2018, 07:24 PM   #40
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I did it quick on www.calculator.net and I get low 600's also for the payment guessing at 7% sales tax and no use tax based on 59%residual off you 79k list price and using 75k as your purchase and 15k trade in with .00182 mf - $775 is crazy and just not possible to get to without them charging you like 35% sales tax or an interest rate of like 10% (0.004 MF) I am guessing they are really screwing you on the MF since they won't tell you or someone just made a mistake on something.
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      11-03-2018, 07:51 PM   #41
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Quote:
Originally Posted by fakinit75 View Post
They are good for 90 days. I believe BMW usually changes programs a few days into the next month. That's been my experience anyway. I locked in September programs in early October. My lease is up January 3rd. I am looking to take delivery of my car in December and my CA said rate lock will be good through beginning of Jan. I can then take advantage of whatever program, during that time, is better. Wish we could mix and match!
Locks are only good for 90 days on the west coast. Its 60 days elsewhere.
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      11-03-2018, 08:04 PM   #42
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Originally Posted by jjrandorin View Post
Quote:
Originally Posted by fakinit75 View Post
They are good for 90 days. I believe BMW usually changes programs a few days into the next month. That's been my experience anyway. I locked in September programs in early October. My lease is up January 3rd. I am looking to take delivery of my car in December and my CA said rate lock will be good through beginning of Jan. I can then take advantage of whatever program, during that time, is better. Wish we could mix and match!
Locks are only good for 90 days on the west coast. Its 60 days elsewhere.
Gotcha. I'm in California. Grateful for a Sept. rate lock at this point. Programs aren't looking too hot.
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      11-04-2018, 12:40 AM   #43
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Quote:
Originally Posted by roxxor View Post
So I feel like I am missing something in the lease offer a dealer is presenting me with. I admit, having only done a lease once 12 years ago with Acura, I am not the most knowledgeable person on the topic, but I have done some research. Using some calculators online, the monthly payment I am calculating isn't coming close to what the dealer is telling me the payment would be on an X5 40i.

36 month/30k miles
MSRP: $79,330 which includes the Destination Fee
Selling Price: $75,230 plus $1k loyalty
Residual: 59%
Total Drive-off: $15k value from trade-in, nothing owed
Acquisition: $925

Money Factor: Dealer dodged me when I asked about the monthly and the money factor, stating taxes were the reason it was what it was, which doesn't give me a lot of confidence about them being upfront.

Using the online calculator with the above info and assuming the .00182 MF, my payment should be around $660/mo. However, the number the dealer is giving me is $775/mo. Even if they are playing with the MF some, I can't imagine how they are possibly getting to that monthly rate. Any experts that could chime in?

Calculations are way off. Since you know the discount that they already agreed to play with them in return and tell them to recalculate without the trade at all. That you changed your mind and you plan to keep the car. Then use those numbers to see if the deal is good. Since they already told you how much the trade is worth if you add it back in they canít keep playing games. Their jig is up! Essentially they are not giving you 100% of the facts.
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      11-05-2018, 11:09 AM   #44
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Quote:
Originally Posted by roxxor View Post
So I feel like I am missing something in the lease offer a dealer is presenting me with. I admit, having only done a lease once 12 years ago with Acura, I am not the most knowledgeable person on the topic, but I have done some research. Using some calculators online, the monthly payment I am calculating isn't coming close to what the dealer is telling me the payment would be on an X5 40i.

36 month/30k miles
MSRP: $79,330 which includes the Destination Fee
Selling Price: $75,230 plus $1k loyalty
Residual: 59%
Total Drive-off: $15k value from trade-in, nothing owed
Acquisition: $925

Money Factor: Dealer dodged me when I asked about the monthly and the money factor, stating taxes were the reason it was what it was, which doesn't give me a lot of confidence about them being upfront.

Using the online calculator with the above info and assuming the .00182 MF, my payment should be around $660/mo. However, the number the dealer is giving me is $775/mo. Even if they are playing with the MF some, I can't imagine how they are possibly getting to that monthly rate. Any experts that could chime in?
They are playing with both the money factor and maybe also adding a bunch of extra fees. I was first given a money factor that was about 9%..crazy.

I would also pull out the trade completely. Makes it harder for them to mess with the numbers. Frankly, you probably shouldn't put anything down on a lease. Have them give you cash back for your trade and put that away and use it to pay your first 18 months of payments.
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