10-14-2020, 03:39 PM | #1 |
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Thoughts on these lease #'s for G06 build?
Hey guys - thanks for all the help with the research. I wanted to see if this was coming together to be a pretty good transaction. I'm not in a major rush and if everyone thinks incentives could get better into next month or Dec (holidays), I can wait. Right now with BMW lease incentive at $500 I'm not sure if it could get worse?
Anyways if I'm missing anything let me know. I think 11% off MSRP is out there somewhere.... 36 month/ 15k miles MSRP = $89,845 (includes destination) 10% off MSRP = $80,861 Less: $500 (BMW finance lease incentive) Less: $1,000 (BMW Corp program for X6) Less: $500 (USAA or PenFed - I'm a full member at both) Acquisition fee: $925 Dealer fee: $599 Broker fee: $325 MF: 0.00082 (or 1.9% which was verified on Edmunds) Residual: 52% (verified on Edmunds) Putting down 7x multiple security deposits (so $7,000, refundable with appropriate car returned) |
10-14-2020, 06:53 PM | #2 |
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Obviously it would be great to get a little more discount or lower fees but overall I think you did well.
FYI: USAA no longer does the car buying service or provides incentives. If you have an existing offer code sheet it can still be used. |
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10-14-2020, 07:51 PM | #3 | |
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10-14-2020, 08:14 PM | #4 |
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Yes, they still have it. My guess is that they started doing it as the military discount (or as close as they can get) because USAA was going to discontinue it.
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10-14-2020, 09:38 PM | #5 |
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Solid deal. I am assuming the 7 MSDs will reduce your stated MF by an additional 35 bps. I would ask dealer to throw in winter Mats if they won't go to 11 percent. This will help offset broker fee.
Make sure they give you all the details of your cap cost and you recalculate the payment on lease hacker. Also confirm they have an allocation when placing the order. Finally have the purchase order include language that you get best incentives and MF in any given month between signing and delivery. So if you sign at end of Oct and it takes 6 weeks until delivery you get to chose the best of oct, nov and Dec lease pricing. Key is that your purchase order states this and you lay out all details of your pricing in the purchase order (to avoid any disputes about how best price is calculated). |
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10-15-2020, 06:26 AM | #6 | |
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10-15-2020, 06:28 AM | #7 | |
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10-15-2020, 07:48 PM | #8 |
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Drives: 2021 X6
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for reference, my X6 has an MSRP of $83,645. my dealer game me $8800 off. that boils down to about 10.5%. i got $1500 worth of incentives since i don't qualify for the other stuff.
my dealer did not charge a dealership or doc fee. all i paid was bank fee and $75 for DMV. part of that DMV fee will be refunded. they charge extra just in case. your actual discount is $8,400. they took about $9000 off MSRP, but put $600 of it right back on there with that dealership fee. i also *think* they inflated the acquisition (aka bank) fee. i think mine was $750 ish. i think you got a fair deal. whether or not you think it's worth haggling over and extra $800 or so is up to you. |
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10-17-2020, 07:00 AM | #9 | |||
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10-17-2020, 09:34 AM | #10 |
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10-17-2020, 01:44 PM | #11 |
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Drives: 2021 X6
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10-17-2020, 05:22 PM | #12 | |
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10-17-2020, 06:35 PM | #13 |
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According to the website the acq fee is $925 but that could be just an example.
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10-18-2020, 10:41 AM | #14 |
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That was a few years back . It's a fixed 925 now
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10-26-2020, 03:51 PM | #16 | |
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10-26-2020, 03:54 PM | #17 | |
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