Leasing bmw ix

Hem / Mobilitet (Bil, Cykel, Kollektivtrafik) / Leasing bmw ix

I am in Maryland, and all the Mile One auto group of BMW dealers will be off. Need your inputs on how is this deal and where is the room to negotiate more if any. State of Virginia tax rate.

Option 2 - With MSDs - He mentioned each MSD is $1K so with 7 MSDs

I would appreciate your opinion on which option to select and is there anything I am missing which the dealer is not sharing or making any mistakes in the numbers?

Get that discount to 10.7k and take it.

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3 Likes

Zenek3

Off the topic.

What is a typical discount that can be expected for no cash down

IAC_Scott16

Cash down should make zero difference as to your discount.

leasing bmw ix

First time considering to lease a car so a newbie in leasing world. This is 1st time leasing so excuse my ignorance. I can make it match my math with 10.4% off with MF markup, I could beat it by a bit locally but frankly, you’re pretty much on the money for the average iX deal with now. Besides, the $9900 is around $6700.

We’re doing between 9-11% off depending on the market.

2 Likes

ayobami1217

What is the MF for an IX (36/15K)? The tax is capped in the monthly payments.

  • Which option makes more sense, with or without MSDs?

  • Option 1 - Without MSD - Money Factor is 0.00109.

    They mentioned Residual is 50%. Through our nationwide network of BMW dealers, we leverage our buying power to access any vehicle from any dealer's inventory, offering you greater selection and flexibility.

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    This Is a Zero down Lease (No Cap Cost Reduction), Excludes Acquisition/Bank Fee, State Taxes, Vehicle Registration Fees (DMV), Documentation Fees (If Applicable) and Dealer Fee .

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    I don’t know what the MF is on this deal, but you are paying rent on the higher residual which would be offset by the lower depreciation.

    I’ll travel to get your deal.

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    z0lt3c Split this topic 4

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    Wtmeyer5

    Would it make any sense to take a lower mileage and then buy additional miles as needed?

    Does 12K makes more sense if I am not sure I am going to use all 45K miles?

    Thank you

    max_g11

    That’s not a bad find for someone in a low tax state but OP would owe tax on the value of the vehicle in VA.

    max_g12

    CK_VA:

    Need your inputs on how is this deal and where is the room to negotiate more if any

    This was answered by @IAC_Scott in the first reply.

    IDK how you’re saving any real money by just re-quoting the first deal for fewer miles and paying them later

    Wtmeyer13

    Didn’t BMW just start advertising the return of the $699 iX lease?

    IAC14

    GKV15

    Is the dealer discount on top of the $9900 rebate.

    We have locked down a car that I am looking for and they have in stock to be picked up.

    Thank you

    Femiakin20

    Hey, what dealership did you get these lease deals from? – It’s generally cheaper to buy them upfront, if you know you will use them.

    3 Likes

    AutoCompanion8

    Also, the base MF is only 0.00069 - 1.656% - so it’s really cheap to just get the extra miles up-front.

    IAC_Scott9

    For the iX, miles are .30c per at end of term of .27c if you buy them early.

    Edit: Whoops @z0lt3c already commented this, was typing and never refreshed

    CK_VA10

    I received these number for 12K/Year which saves around $3K for the life of the lease in payments through which I can buy around 9K miles if needed or if I am over as the the agent said its .30c to buy miles now or later.