Let’s make it simple at 10% on a new vehicle. At an MSRP of $60K the discount before incentives is $54K. Then, I apply the incentives of $2750 and the Cap Cost is $51,250.
With a residual at 58% for 36/12 and a MF of .00165 and a tax rate of 7%, that’s a payment of $640.85/month.
Clearly the loaner deal is awful.
How loaded down do you have to option an sDrive to get it to 60K?
Work on a counteroffer for the loaner deal.
lol… good point. You’d be surprised. If you want all the driver assistance safety options, the car will likely come with most everything on it. This dealer has 3 nearly fully equipped on the lot along with the demo.
Seems like M40i territory to me…
I wouldn’t expect to get anything close to 10% discount on an M40… especially in FL.
It’s possible. I think some in fact posted a 11% deal on a M40i out of FL no less.
ok… I need a new CA. lol
M40i for $690 and $1100 DAS 36/10…custom
Built.
This deal is awful
No doubt about it. Not sure how or if to respond. This CA is a really nice guy and he’s just working within the limitations of the Sales Mgr or Ownership.
Counter with 20% of msrp + rebates. In NY on an M40i for June was a $2k lease credit and 1500 loyalty.
Message other dealers. It’s end of the 2019 cycle so they should be aggressive. The “nice dealers” are probably trying to rip you off. Negotiate by email and message multiple dealers to bid for your work and play them against each other.
Build a new build custom and get the bmw code online and send it to them or ask them for “similar on lot” vehicles.
good advice. thx.
Currently, the X3 has $2K lease credit and $750 loyalty in my zip code.
Here’s the latest quote on a New X3…
2019 BMW X3 Xdrive30i
(Numbers rounded slightly for privacy purposes)
MSRP: $60,500
2K DAS
760/mth
Could have sworn I just saw a broker on here posting X3 30i deals at 399 a month with loyalty. You should check that out.
Not sure if they can ship cars or sell out of state, or not.
This deal includes the $2K and $750 lease and loyalty credits. Only about a 3% discount off MSRP if you back into the calculation.
To get to those numbers usually yes but always double check them before signing anything binding.
The X3 quote I posted is what I’m referring to.
Oh got it 