My understanding is that you can’t benchmark some sedan discounts against an SUV in this market environment based on some research I’ve done.
He’s a dealer so it’s up to you to believe 100% of what he says about demos being more difficult to get discounts vs. loaners, but it is true that most of loaners are very light on options and I wanted a well-optioned vehicle.
I was also considering a Velar, and at this payment, I’d be looking at a very bare bone with not much option at potentially fewer HPs.
After all, I got this at <1% MSRP incl. tax with nothing due at signing, which is almost impossible to do with a new (non loaner or demo) X5.
$61, however that may not include additional dealer incentives from the manufacturer (Not sure if they have any). Dealer pays auction buy fee ($3-400) and transportation from the auction.
So if I assume this car was sold at 61k, after transpo and other fees, dealer’s base cost would be ~63k. I can technically buy at 65k - all the incentives at buy rate and still yield dealer profit at ~2k?
Carfax doesn’t show this was sold at an auction. Is it possible that doesn’t appear?
Possibly a field persons demo, they may assign those directly to the dealer and bypass the auction. Does it show geographically where the car was used (pdi location)?
I am trying 20% off of 330e loaner in NJ. Let’s see how it goes. Couple of years ago, I got 20% off of new 320i ending 150 per month with 7 MSDs… But those were different days though
The MSRP is high on these SUVs. If you are able to wait and negotiate hard, 20% or close to it seems doable… Perhaps it happens this year