Currently negotiating 2018 BMW 330E Hybrid loaner with 3400 mi.
Sale Price $48000
Cust Cash $2000
Tot Rebate $7750
Cash + Reb $9750
$. Factor .0028
Mo Pmt $420
Term 36 mos
Mileage 30k
Residual 33275
Does this sound like good deal?
You should be shooting for 18-20% discount on a loaner. Also, the MF looks marked up - buy rate on the MF is .00188 - you can put down MSDs to lower that, but you should be getting buy rate to start, especially when they aren’t offering you enough discount.
The above advice is sound. Also consider 24 months since that’s the sweet spot right now.
Thanks. I’m going to get aggressive and walk away if necessary. Dealer says MSDs are not accepted anymore and loaner cars have little negotiation room.
Sounds like Dealer doesn’t wanna deal.
MSDs are accepted, and they’ve also brought back conquest.
Where are you located?
Atlanta, Georgia
What dealer was that? What’s the MSRP? In Georgia you would pay taxes on full value of vehicle if it’s been registered. Could be better for you to go for a new one. Although there are maybe 3 or 4 new 330e cars left in the entire state…
See below deal for reference
Brand new one signed for $420 per mo. Msrp 51510. Roll in $1330 from trade (needed tires and bumper paint chip). Not sure how i would include the roll in neg net equity on calculator.