01-18-2021, 12:15 PM | #89 | |
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My m5 lease is up on April 19th 2021. Please find me lease deal on new or 2020 m5. Can also buy 2019 m5 with under 20k miles. |
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01-18-2021, 05:27 PM | #90 | ||
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01-18-2021, 06:00 PM | #91 | |
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Target on the remaining 2020 should be 20% off but I think I know car and it's a dealer swap right to Competition BMW. Barcelona Blue? Just to give a reference, sold a 2020 dravit/red M8 for 21% off just last week. There is 2.5 months left of 2020 lease support...these will be given away in March. |
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01-18-2021, 06:08 PM | #92 | ||||
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This is just the last Comp in the Northeast as far as I know and I feel like there will really be none out there by then. Thank you very mucb. |
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01-18-2021, 07:08 PM | #93 |
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Why are you paying almost 5k of tax up front? Isn’t it better to just roll it in?
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01-18-2021, 08:16 PM | #94 |
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01-19-2021, 08:22 AM | #95 | ||
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01-19-2021, 08:30 AM | #96 |
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01-19-2021, 09:38 AM | #97 | |
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I've been looking for a while and in december found my exact color combo i wanted and with a $137k MSRP got it down to $1170 with just first payment down and pulled the trigger, hope there is not too much buyers remorse come march
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01-20-2021, 11:23 AM | #98 |
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Crazy how cheap those M8s became/will become.
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01-22-2021, 10:51 AM | #99 |
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Come March inventory will be very low, given most are getting sold at the current 20% discount range. Competition inventory is low to begin with, so I wouldn't get my hopes high.
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01-22-2021, 11:35 AM | #100 |
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Snapper rock blue m5 2021, comp edition, executive and driver assistance package, msrp build on bmwusa website is 116k, why local dealer is charging 121k?
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01-22-2021, 01:37 PM | #101 | |
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First, thanks for all your contributions. Your insight is supremely helpful and accurate. Didn't use your services this time, as the lawyer in me wanted to get a feel for the lease negotiation process (and I negotiate for a living so it was probably more fun for me than most) but I can say EVERYTHING you say on here is spot on point. Literally. I was able to easily negotiate 10% off my custom 2021 F95 last month before the interest rate bump. So thanks for the knowledge drop. Question(s): (1) how does the lease support work at dealers? when you say it will end what does that mean? BMW will stop offering incentives? (2) my wife just had our first baby girl and she currently has an 2019 4-series GC. It's got maybe 13K miles. Lease isn't up until December '21 but the damn car seat just BARELY fits which is a non-starter. Looking to upgrade. Should we wait until later in the year and pray for a good discount on a '20/'21 (or used) F93 or shoot for an F90 at lease end. Thanks Obi-Wan. -Pookie-
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01-22-2021, 06:39 PM | #102 | |
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BMW Financial usually decides in Jan when to drop lease support for the previous year models. It usually occurs the end of March, but we've seen that move based on outstanding inventory good or bad. I would check buy out value vs trade in value to see if the gap is small enough to justify the switch. Most cases, there is no equity or a lot of negative equity. Or swap the lease out. BMW makes it super easy to do. Or ride it out until the end...Dec is a great month for incentives and discounts. |
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01-23-2021, 07:33 AM | #103 |
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Thanks to this post I was able to negotiate a very good deal.
Bought 2021 m5 competition with executive package, comp package, drivers assistance package, bower Wilkins. Msrp 121k, 6% discount down to 114k. Also got 6.2k tax credit as they took my lease in as a trade. They also absorbed my last 2 months of remaining lease payments. Total savings 17k 😁 |
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01-23-2021, 10:55 AM | #104 |
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01-23-2021, 07:40 PM | #105 |
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Good evening Dan. I sent you a PM. No hurry just looking for some info. Thanks in advance.
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01-24-2021, 12:21 PM | #106 |
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I don't see any lease offers for 2020 models on BMW's "Lease & Finance Offers" website anymore - does that mean it is too late for leasing a 2020 model? Thanks in advance!
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01-24-2021, 12:49 PM | #107 |
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01-29-2021, 10:11 AM | #108 |
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glad others are having a good experience here with NLAB, mine was far from it, might have dodged a bullet though so maybe a good thing in the end
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01-29-2021, 10:59 AM | #109 |
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01-29-2021, 06:21 PM | #110 | |
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