Lease Deals Thus far?

[Bmw_nyc]

Originally Posted by wdimagineer

It pays to be loyal. I've bought a dozen cars from my CA and referred countless friends. Even though he's on the east coast and I'm out west I'm still giving him my business.

Plus he also took more off as a kind gesture when I lost my original allocation.

He can afford to not make a profit on one vehicle. Back ordered or not, the dealer sets the price.

what dealer do you recommend on east coast ?

[MRV99]

Originally Posted by alistairg

Agreed. The residuals are better this time around (X6M is 60% on a 3yr / 30k mile lease for example, and it was in the low 50s with the 2014 model). MSDs also a great way to reduce payments if you've got a surplus 8-12k floating around otherwise not earning interest

Hahaha earning interest! If I told you give me $8,000 today and I will give you your 8k plus $3600 back in three years you would have a line out the door for that deal.

Then again if your buying a $100k+ car you should have 8k sitting somewhere.

[MonacoJoe]

Originally Posted by MMG640

Did you use a broker? 7.5K down and another $5K off the MSRP, seems a bit high no? But you did get 15K miles per year.

yeah that beast must be fully optioned out. i expected 1300ish

[Alan l.]

Originally Posted by Bmw_nyc

what dealer do you recommend on east coast ?

You can try George Javier over at Rallye BMW out in Long Island. Top M sales guy and i've been referring people to him for years. Tell him Alan with the 550 sent you.

Alan

[Poleposition]

Originally Posted by Alan l.

You can try George Javier over at Rallye BMW out in Long Island. Top M sales guy and i've been referring people to him for years. Tell him Alan with the 550 sent you.

Alan

+1 for George.

The best

[Bmw_nyc]

Originally Posted by Alan l.

You can try George Javier over at Rallye BMW out in Long Island. Top M sales guy and i've been referring people to him for years. Tell him Alan with the 550 sent you.

Alan

thanks!

[iamdabest1]

Just ordered an x6m $116,000 msrp
1592 per month with 2600 total out of pocket . 36 months 15k miles , long beach blue on red

[NoPII]

Originally Posted by iamdabest1

Just ordered an x6m $116,000 msrp
1592 per month with 2600 total out of pocket . 36 months 15k miles , long beach blue on red

What discount, if any, did you get from MSRP?

[AwesomeM3]

Originally Posted by iamdabest1

Just ordered an x6m $116,000 msrp
1592 per month with 2600 total out of pocket . 36 months 15k miles , long beach blue on red

Congrats on your order! What is the estimated production date?

[iamdabest1]

Originally Posted by AwesomeM3

Congrats on your order! What is the estimated production date?

No clue , but dealer said 5 weeks I should have it ... I'll take pics once It comes in

[JM71]

Assuming the $2600 is first month's payment plus the document fee and further assuming that the quoted monthly payment has sales/use tax baked into it, I'd say he got around 2,000-2500 off the MSRP.

[Drexel]

I think there must have been a deeper discount than that. My sticker on my x5m is $115900. I put down 2k, 36month lease with 15k per year, 3.1% interest and my payment is $1530. That is with a $6750 discount. I believe the residuals on the x6m and x5m are the same?

[JM71]

As far as I know X5M and X6M residuals are the same - 57% for 15k. Money factor as well - .00130 (assuming no MSD).

Drexel, you may want to check your lease. Assuming you paid a doc/acquisition fee of $750 and that is included in your lease payment, your payment should be around $1388 before tax if you put down 2k on top of a $6750 discount. Perhaps taxes are that high though.

[seth369]

I bought it at 700 over invoice.
The dealer also gave me 2-3 k more On my trade in. Its was sweet.
MY Loan is at 1.9%.

[Drexel]

The taxes here are 6.25. I did the math and it does not add up to the penny but it is close. My residual is $65,454.50

[JM71]

At 6.25% use tax, I get $1475 per month. But it looks like you guys get hit with an annual 2% excise tax that could be baked in as well. Yikes!

[UrbanExtant]

Originally Posted by JM71

At 6.25% use tax, I get $1475 per month. But it looks like you guys get hit with an annual 2% excise tax that could be baked in as well. Yikes!

Excise tax doesn't get "baked in." It gets billed separately, usually around March/April timeframe. One will receive a detailed tax bill separately from the leasing company, and then the tax amount will get rolled into the "amount due" for the following month. Excise tax in MA decreases for every year of ownership, with the highest being during the year equalling the model year, so a my2015 will have the highest excise tax during the 2015 calendar year. If the vehicle is owned/financed, the excise tax bill goes directly to the owner, and doesn't have to shuffle through a leasing company.

[JM71]

Ah, then I can't explain the difference.

[JM71]

Anyone know if there has been any change to residuals or money factor in May?

[Aussiepic]

I believe for 36mth/15K miles residual dropped from 57% to 56%, MF went from .00130 to .00129

Best not quote me on that until it's corroborated by another post.

[m34SPD]

Originally Posted by iamdabest1

Just ordered an x6m $116,000 msrp
1592 per month with 2600 total out of pocket . 36 months 15k miles , long beach blue on red

What dealership?

[iamdabest1]

Originally Posted by MMG640

What dealership?

The truth is the dealer is my cousin so I know none of the dealers are willing to do it.. But if you mention the deal and someone is willing to match it is doable