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      01-10-2020, 02:33 PM   #683
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Quote:
Originally Posted by Wanderer73 View Post
Has anyone been able to negotiate 9-10% of MSRP and *base MF* for an X7 40i order?
Yes. Did the same on an M50i.
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      01-11-2020, 10:04 PM   #684
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Originally Posted by Zavanelli View Post
Yes.
Can you PM the dealer information ?
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      01-29-2020, 10:12 AM   #685
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Quote:
Originally Posted by Jason View Post
Please use this thread as a master thread to discuss quotes, pricing, lease program and the like. This first post will be updated monthly with the latest lease program numbers (residuals, credits, incentives).

You can find the latest X7 pricing/ordering guides at: https://g07.bimmerpost.com/forums/sh....php?t=1546409

Please do not make dealer / salesperson recommendations or referrals in this thread. Thank you!

Please note that the incentives may differ in your local area.


January 2020 Lease Program:

X7 40i (2020MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual
X7 50i (2020MY)
15k miles / 54% residual
12k miles / 56% residual
10k miles / 57% residual

(x7 40i) $500 lease credit
(x7 40i) $2000 finance credit
(x7 40i) $1250 loyalty credit
(x7 50i/M50i) $1500 lease credit
(x7 50i/M50i) $3000 finance credit
(x7 50i/M50i) $1250 loyalty credit
Not to make a thing of it but could someone help me through the lease process Iíve always ever been a cash guy. Please PM. Thanks in advance.
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      01-30-2020, 03:40 PM   #686
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Can anyone please share the name of a dealer that was willing to do more than 8% on a 40i with base MF on an ordered vehicle? I am looking at a PCD so location doesn't matter to me.
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      01-31-2020, 07:10 AM   #687
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Just sent you a pm.
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      02-03-2020, 11:21 AM   #688
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Hello everyone
I'm a newbie here and for the first time looking at BMW,
I'm about to pull the trigger on a custom build. What's a good deal discount wise ?
I'm based in SoCal and looking at a lease.
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      02-03-2020, 01:25 PM   #689
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Updated with February 2020 program -- no changes.
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      02-04-2020, 12:09 PM   #690
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Quote:
Originally Posted by Jason View Post
Updated with February 2020 program -- no changes.
Well, the MF went up.

Was 0.00137, now it's 0.00142.
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      02-06-2020, 01:00 PM   #691
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Hey everyone could someone look this over and let me know what they think:

This is first negation round. My reply was a reduction of the MF, no money down only MSD, and Acquisition fee gone.

2020 X7 M50i

MSRP- $119,375
Discount-$12,697.00
Sale Price- $106, 678.00

Dealer Doc- $225.00
Tax- $81.48

Lic- $400.00
Acquisition fee- $925.00
Net Price- $108,309.48

Cash Down- $2500 (I did not ask them to do this will take out and do MSD)

Balance- $105,809.48

12K miles
36 Months
MF .00182

Where can clip this some?

Payment- $1561
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      02-06-2020, 01:23 PM   #692
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Does your discount include the BMS lease incentives? Something is wrong with the monthly payment but it all may be because of the MF.
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      02-06-2020, 01:41 PM   #693
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Quote:
Originally Posted by Crimsonboz View Post
2020 X7 M50i

MSRP- $119,375
Discount-$12,697.00
Sale Price- $106, 678.00

Dealer Doc- $225.00
Tax- $81.48

Lic- $400.00
Acquisition fee- $925.00
Net Price- $108,309.48

Cash Down- $2500 (I did not ask them to do this will take out and do MSD)

Balance- $105,809.48

12K miles
36 Months
MF .00182

Where can clip this some?

Payment- $1561
OK, so let's have a look.

With $2,500 down, using the base MF of .00142 and a residual of 56%, I get to a monthly payment of about $1,465. That, however, is based on a 7% tax-rate. You would have to enter your local rate yourself and re-calculate.

What I did: I took the $2,500, deducted $1,500 for the first payment and applied the remaining $1,000 to the net-price ($107,310). Then, I took this number and deducted it from the MSRP to get to the 'down-payment' used for the lease-calculator - in your case, $12,065:

https://www.calculator.net/auto-leas...ndard&x=2&y=20

Enter your tax-rate and see where you get.
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      02-06-2020, 01:54 PM   #694
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Quote:
Originally Posted by aas5 View Post
Does your discount include the BMS lease incentives?
that, of course, is another important factor because if it does, the discount off MSRP would have to be looked at, too.
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      02-06-2020, 02:57 PM   #695
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Quote:
Originally Posted by aas5 View Post
Does your discount include the BMS lease incentives? Something is wrong with the monthly payment but it all may be because of the MF.
According to them it is included.
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      02-06-2020, 02:59 PM   #696
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Quote:
Originally Posted by 760Lifan View Post
OK, so let's have a look.

With $2,500 down, using the base MF of .00142 and a residual of 56%, I get to a monthly payment of about $1,465. That, however, is based on a 7% tax-rate. You would have to enter your local rate yourself and re-calculate.

What I did: I took the $2,500, deducted $1,500 for the first payment and applied the remaining $1,000 to the net-price ($107,310). Then, I took this number and deducted it from the MSRP to get to the 'down-payment' used for the lease-calculator - in your case, $12,065:

https://www.calculator.net/auto-leas...ndard&x=2&y=20

Enter your tax-rate and see where you get.
They said they won't budge on the MF since the discount is high. What are your thoughts?

My tax rate is 7%
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      02-06-2020, 03:03 PM   #697
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Quote:
Originally Posted by Crimsonboz View Post
According to them it is included.
The amount of the lease-incentives also depends on your region.

I suggest going here:

https://forums.edmunds.com/discussio...-and-prices/p5

and ask them what the current lease incentive on the X7 M50i is based on your ZIP. For my area, it is $1,500 right now.
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      02-06-2020, 03:17 PM   #698
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Quote:
Originally Posted by Crimsonboz View Post
They said they won't budge on the MF since the discount is high. What are your thoughts?

My tax rate is 7%
OK, I see that you are in FL so your numbers should be identical to mine.

The discount is not that 'high'. If you are getting the same $1,500 from BMW Financial on your lease, your actual discount from the dealer shrinks to 9.4% which is not bad but pretty standard by now in FL.

I got 10% plus the lease-incentive. However, if you are getting 9.4% instead of 10% it's a difference of $700 or about $20/month - just to put a number on it.

I believe the real issue here is the Money Factor.

Let's compare the base MF to the one they are demanding:

Again, just to put a number on it: They are asking for $75/month(!!!) on top of the regular rate to go into their pocket. That's an additional $2,700(!!) over 36 months.

MF charge-ups aren't nothing out of the ordinary but there are decent ones (+$15/month) and flat out outrageous ones (+$75/month). I guess you know what I mean by that...
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      02-06-2020, 03:43 PM   #699
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Quote:
Originally Posted by 760Lifan View Post
OK, I see that you are in FL so your numbers should be identical to mine.

The discount is not that 'high'. If you are getting the same $1,500 from BMW Financial on your lease, your actual discount from the dealer shrinks to 9.4% which is not bad but pretty standard by now in FL.

I got 10% plus the lease-incentive. However, if you are getting 9.4% instead of 10% it's a difference of $700 or about $20/month - just to put a number on it.

I believe the real issue here is the Money Factor.

Let's compare the base MF to the one they are demanding:

Again, just to put a number on it: They are asking for $75/month(!!!) on top of the regular rate to go into their pocket. That's an additional $2,700(!!) over 36 months.

MF charge-ups aren't nothing out of the ordinary but there are decent ones (+$15/month) and flat out outrageous ones (+$75/month). I guess you know what I mean by that...
I am not taking the deal I just told them. On to the next one. They are getting weird about some things.
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      02-06-2020, 03:51 PM   #700
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Quote:
Originally Posted by Crimsonboz View Post
I am not taking the deal I just told them. On to the next one. They are getting weird about some things.
Good decision!

They were trying to lure you with the discount and screw you on the MF.

That's how they get the 'uninformed' customers.
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      02-06-2020, 09:39 PM   #701
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Quote:
Originally Posted by 760Lifan View Post
Good decision!

They were trying to lure you with the discount and screw you on the MF.

That's how they get the 'uninformed' customers.
Next deal in the works. MF is at base so thatís good.
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      02-07-2020, 09:33 AM   #702
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Quote:
Originally Posted by 760Lifan View Post
Good decision!

They were trying to lure you with the discount and screw you on the MF.

That's how they get the 'uninformed' customers.
I decided to stick with my build. Itís finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
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      02-07-2020, 10:20 AM   #703
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Quote:
Originally Posted by Crimsonboz View Post
I decided to stick with my build. Itís finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
Hey, I learned sooo much on these forums that I'm always happy if I can give something back!

With a base MF and a discount close to 10% AND some extra accessories, you got a great deal.
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      02-07-2020, 10:35 AM   #704
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Quote:
Originally Posted by 760Lifan View Post
Quote:
Originally Posted by Crimsonboz View Post
I decided to stick with my build. It’s finally moving along.

Dealership is giving me the base MF, close to 10%, and throwing in some mats and headphones.

Numbers look solid with no inflated MF or dealer fees. Trade was good and moving to lease for the foreseeable future. Once she hits the ground I will post final numbers for a look and some pictures.

760 I appreciate everything you really tipped the scale.
Hey, I learned sooo much on these forums that I'm always happy if I can give something back!

With a base MF and a discount close to 10% AND some extra accessories, you got a great deal.
You landed in a good place! Congrats.
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