I’m trying to lease an m340i and curious to see if I’m getting a good deal or might. The one I am looking at is a 2024 m340i with an MSRP of $64,000.
The best the dealer is giving me for a lease with 12,000 miles is $752 a month with $3500 down. Is this good? How much are you guys paying?
Hi OP. I see you mentioned you’re in SoCal. Just to clarify a few things:
Is it $3500 down or due at signing? Sometimes dealers will say down and exclude drive offs so your total out of pocket will be $5k+.
Is $752 pre-tax or tax included?
Looking at my broker’s listings right now he has one at $63,3XX MSRP for $2800 due at signing / $715 + tax (10k miles) and another at $66,1XX MSRP for $2800 due at signing $751 + tax.
If interested DM me and I can put you in touch with him (I am not a broker, I do not get any kickback or incentive from him, I just like buying cars and hate dealing with dealerships and really enjoy working with him, he had my X3M delivered to my door paperwork signed in the trunk in 10 mins and salesman in an Uber back to dealership). I’ve had at least 2 redditors confirmed to have gotten cars through him over the past couple of years (an X7 and an M3 Comp).
Send me his info ?
Sent a chat request.
He didn’t mention he was in Socal…
I am, but FWIW my guy can ship nationwide, it just depends on the vehicle if it’s worth it or not as sometimes the savings are cancelled by the shipping cost, but seeing what dealers are quoting for some cars those times are less common.
If i can ask, how does the broker work as far as compensation for him? Is it just a one time fee?
For sure. Every broker is different. Some charge a one time fee up front. Some charge it before looking for you some after. My guy works it into the deal (so the total he quotes you is all you’re paying, and he gets his cut from the dealer). I’ve never worried about it because he consistently gets better prices than dealers are willing to negotiate to even with his fee baked in, so it’s well worth the service, especially when you factor in time and energy spent at a dealer doing it the traditional way.
Interesting, I’m in the market for a X3M so i might go this direction.
I’m actually using this referenced broker right now, have an X3 M40i on order from him
Any luck you can share the lease details? I’m looking into getting out of my M340i lease into an X3M40i.
I’ve never heard of using brokers like this, can he also help find a CPO for sale? Or only new for lease? I’ve been struggling to find the spec I want locally
Can you dm me his info?
Sent a chat request.
Would be interested in his info as well!
Request sent!