05-25-2019, 09:38 PM | #1 |
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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 |
05-26-2019, 10:52 AM | #4 |
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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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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 |
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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 |
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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 | |
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05-26-2019, 07:45 PM | #10 |
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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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05-31-2019, 02:48 PM | #12 | |
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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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