Hey guys,
As some of you know, I have been very active lately as I was in a market for a 540i.
However, due to remaining 3 payment on my current lease (535i $540 x 3) I stepped out from the market as it was hard to achieve more than 10% discount on the vehicle (target was 15%).
However, I recently saw someone signing a 640i with solid deal and went for a hunt!
Last night, I emailed 2 dealer in Socal that had 640i with some feature I liked. (As of 9/23 there were total of 4 640xi in so cal)
I email both dealer and inquire if I can make an offer on the stock vehicle
Based on cargurus, both vehicle was at the lot for almost 300 days and I thought it would be easy to get 25% discount on the MSRP. One of the dealer emailed me with 15% discount and another dealer called me with 23% discount. I emailed and call both dealer and told them 15-23% discount is not what I was looking for. I told them straight forward that I have seen some deals on the forum and I was looking for around 28% discount from the MSRP (pre-incentives)
Few minutes later, one of the dealer got back to me saying the max they could do would be 25% discount. But the other dealer manager called and explained to me some great offer but the car was missing a must feature. I decided to stop by at the dealer who emailed me to negotiate further more.
When I got to the dealer, all the employee were very nice and friendly.
Anyway, after a test drive I got 25% discount on the MSRP as agreed but notice MF was slightly upcharged (approxonately $40 difference).
Since the MF was high and OL code didn’t work, I was $100 over on my target price.
After several push and pull, the sales advisors and their manager helped me to get a deal I wanted.
I’ve seen some great deal on the 640xi recently and I can’t say my deal is great but I’m happy with what I got from that dealer! Especially my sales advisor have include a ribbon on top of my car to take some photos too
Overall, it was a pleasant experience
2019 BMW 640i GT xdrive (M-sports)
MSRP: $76,885
Monthly Payment: $599.75
Prior Lease Balance: $1629.87
Drive-Off Amount: $2,300
Months: 36 month
Annual Mileage: 10,000 miles
MF: 0.001280
Residual: 54%
Incentives: $1500 (loyalty, OL code was not accepted from the dealer)
Region: SoCAL
Leasehackr Score:12years
Leasehackr Calculator Link: