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      05-25-2019, 09:38 PM   #1
Jat329
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2019 M550 Lease Deal

Got offered the following deal on a 2019 M550i. Curious to see if you think I can push it more on the price.

For reference, I got 10% off my 2017 X5 before incentives so I am hoping to land there.

Black Sapphire/Black Leather/Premium 2/Executive/Parking Assist

MSRP $ 80240

Selling Price $ 74240

$ 2000 D/offs

$ 5500 in Loyalty/Rebates

.00165 MF

60% Residual for 10K miles

36 months @ 795 plus tax
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      05-26-2019, 08:28 AM   #2
kring
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Question for you, Is that $2000 the drive off or dealer off? How much are you putting down and your total drive off cost?
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      05-26-2019, 10:00 AM   #3
Jat329
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The $2000 is tax, title, license and 1st months payment. Nothing else.
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      05-26-2019, 10:52 AM   #4
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Originally Posted by Jat329 View Post
The $2000 is tax, title, license and 1st months payment. Nothing else.
That's a good deal. My msrp was $86,xxx and I did $4500 total out of pocket and with wheel tire package and maintenance I'm at $989 including tax
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      05-26-2019, 12:38 PM   #5
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Quote:
Originally Posted by AddyDaddy View Post
Quote:
Originally Posted by Jat329 View Post
The $2000 is tax, title, license and 1st months payment. Nothing else.
That's a good deal. My msrp was $86,xxx and I did $4500 total out of pocket and with wheel tire package and maintenance I'm at $989 including tax
I can't wait (or not wait) to see what the 2020 leases are gonna look like. Initially they will likely try to take advantage of people jonesing for the new engine.
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      05-26-2019, 12:45 PM   #6
kring
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6/1 the new incentives hit, that might give you some more room, and will most likely include 2020 offers for the month as I suspect June we’ll start to see the production slots become available for M550i.

My initial lease offer is $900/mo (includes 7.75% tax) for $84K msrp with $3500 out the door... but we haven't negotiated it yet, I’ll share what it ends up being so others know. From the few I have found it seems the $100/mo per $10K MSRP is where the deal is at now.
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      05-26-2019, 01:33 PM   #7
Jat329
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Yeah I am wondering if I am a bit early trying to get a ridiculous deal taking into consideration that the 2020s are coming with the new engine. Maybe late June??

When I got my X5, SUVs were pretty popular (and still are). Incentives were 2K loyalty and that’s it. Somehow I was able to get 10% off plus the incentives. It took a while but I got a dealer to do it. Definitely having more trouble this time which is sort of surprising because sedans aren’t moving as well (5,500 worth of factory incentives says a lot) and compared to other markets, there’s a good amount of inventory here.
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      05-26-2019, 01:42 PM   #8
Jat329
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Quote:
Originally Posted by kring View Post
6/1 the new incentives hit, that might give you some more room, and will most likely include 2020 offers for the month as I suspect June we’ll start to see the production slots become available for M550i.

My initial lease offer is $900/mo (includes 7.75% tax) for $84K msrp with $3500 out the door... but we haven't negotiated it yet, I’ll share what it ends up being so others know. From the few I have found it seems the $100/mo per $10K MSRP is where the deal is at now.
Sounds like they are being more aggressive out the gate with you. What selling price is the 900 a month based off of?
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      05-26-2019, 02:04 PM   #9
kring
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I forget off hand and left the paper at work. It was just over $10.5K in dealer reductions and rebates, I think I can get them to $11-12K. and it's a non-stock one, I was able to build it, should be here by mid-June.
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      05-26-2019, 07:45 PM   #10
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Quote:
Originally Posted by kring View Post
I forget off hand and left the paper at work. It was just over $10.5K in dealer reductions and rebates, I think I can get them to $11-12K. and it's a non-stock one, I was able to build it, should be here by mid-June.
That’s a fair deal. A year ago my deal was $2k down $1000 a month with 15k miles a year. MSRP was $86k.
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      05-30-2019, 06:10 PM   #11
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Originally Posted by Jagu View Post
That’s a fair deal. A year ago my deal was $2k down $1000 a month with 15k miles a year. MSRP was $86k.
I'm in a similar ballpark to this. Think it's fair.
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      05-31-2019, 02:48 PM   #12
paulbazo
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Quote:
Originally Posted by Jat329 View Post
Got offered the following deal on a 2019 M550i. Curious to see if you think I can push it more on the price.

For reference, I got 10% off my 2017 X5 before incentives so I am hoping to land there.

Black Sapphire/Black Leather/Premium 2/Executive/Parking Assist

MSRP $ 80240

Selling Price $ 74240

$ 2000 D/offs

$ 5500 in Loyalty/Rebates

.00165 MF

60% Residual for 10K miles

36 months @ 795 plus tax
Great Deal in my opinion, when you have monthly payment equal or less than 1% of the MSRP you have a good deal. you are at 0.99%

I wish I had been able to get that deal, mine was almost the same MSRP, had better MF but not even close in loyalty/rebates and I pay $985 plus tax
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