ace421
August 4, 2018, 11:15pm
1
Year, Make, Model, and Trim: [2018 BMW 440i xdrive Grand Coupe]
MSRP: [$64,165]
Rebates: [$3k]
Trade-in: [$2000]
Months: [36]
Annual Mileage: [12,000]
MF: [.00131]
Residual: [56%]
Security Deposit: [$4200]
Total Due At Signing: [$6610]
Monthly Payment (incl. tax): [$581]
Zip Code: [07470]
Sales Tax Rate: [6.625%]
Car is a loaner with 1200 miles already. Fully loaded with M sport, Executive, Premium, Esstienals, wireless charging, apple play, black grill
What do you guys think?
Do you know the selling price? Ignoring your trade in, that’s 4410 due at signing, which is a lot.
ace421
August 4, 2018, 11:47pm
4
When I asked about the selling price she just said it was the MSRP…I’ll have keep insisting on a lower number then…so the total due at signing includes the MSD…6610-4200=2410…does that sound reasonable?
Yep, but keep in mind that you’re being charged an extra $2k over that since you have a trade in
If it’s a loaner you should absolutely expect a discount…the selling price should not be MSRP.
ace421
August 5, 2018, 12:34am
7
so what do you guys think the expected discount should be… 10%? 15%?
People like to aim for 20+% off on BMW loaners, but I’ve been seeing less and less of those kind of deals. a loaded 440i probably wouldn’t get more than 15% off.
vinny
August 5, 2018, 2:00am
9
https://www.bmwofminnetonka.com/exotic-used-inventory/index.htm?compositeType=&model=4+Series&lastFacetInteracted=
Here’s a dealership I was working with on a 440 demo. Their willing to ship nationwide and have advertised 15-16% discount off MSRP.
max_g
August 5, 2018, 2:09am
10
On top of everything else that’s been said, what’s your trade and are you sure it’s not worth more than 2k?
ace421
August 5, 2018, 1:29pm
11
kbb valued it at 3k so I would be ok if they wanted 2k to be honest