How does this compare to deals in the shared deals and marketplace listingd you have researched?
Not great at all compared to this one: 2021 BMW 330i Lease - $433/month + $2500 DAS - Good Deal?
Seems better than this one: Deal Check! 2021 BMW 330i - Portimao Blue Metallic + M Sports Package
Comparable but not quite as good as this one: Quote check new 2021 BMW 330i - Good deal?
āIf you can get 11% off MSRP + buy rate MF + all incentives, take the deal and run.ā
This particular one is a car that starts out 5k cheaper than the one Iām looking at. Also, I adjusted his incentives to match mine (took away his recent college grad status), then added 7 MSDs to mine, and they wound up at the same score exactly.
Searching before the summer chip madness:
This one is a custom order with 12% off MSRP before incentives: Deal Check: 2021 BMW 330i xDrive
This one has that funky Autonation sheet. The sales price is fine, and someone plugged those numbers into the calculator and got a deal with the same score as mine, but the sheet has a lease payment that sucks, I guess because Autonation is sleepy.: 2020 BMW 330i premium package -- wondering if I should try bargaining more?
This one seems better than mine, but heās got a residual value I canāt touch (61 vs 58). I admit Iām a bit too smooth brain to translate this into the calculator but as I get closer itās got a 9.5 score compared to my 8.4. Good deal on 2019 330i?
Just found this one with the same calc score (thereabouts) as what Iāve got: Signed 2021 BMW 330i Sedan, CA $447/m $2338 DAS
I dug into the calc score and what gives him a better score than what Iāve approximated is 8.25% tax instead of 9.25% which I thought was default for CA.
Comment consensus is that itās good for this era, but not good overall, which is probably the information I needed most. What this means I think is that I should sit tight for a better market next year. If the market is the same next year, then I guess I got that Scotty Kilmer bonus of having driven my car and its level depreciation curve another year, reaching 6 total.
The calculator score is as useless as the 1% rule.
The only useful thing to compare is pre-incentive discount adjusted for buy rate
So basically what this sounds like is the just under 11% pre incentive discount is good but not great, with the corporate perks taking the place of traditional incentives that I donāt have access to. So while itās not a robbery itās an OK deal in a bad environment, so probably worth passing on until things stabilize. Then I could theoretically hammer them harder on MSRP plus wait for an incentive to sweeten the deal.
May be able to sign up for an UDE to more than likely get another $500 off assuming it stacks with the corporate perks ( you would need to verify or look at Incentive Matrix in the BMW wiki ). What incentive are you thinking is coming that your would qualify for in the future that you donāt now? Honestly 11% off at buy rate in the current environment, iād probably take it. In theory you can hammer away and in the same theory they can say no. Could you get to 12% probablyā¦I donāt think your getting much past that.
Are you also counting on your current car to go up or stay the same in the above āwait it outā scenario? If you get to 13% but your current equity drops to a $1,000 then your at basically the same spot you are now.
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You make an excellent point. I think $1k loss is likely on my current one. It was at like 16 before and now itās more like 18-19. So it could tank.
Signed up for a UDE event in August. Otherwise Iād be waiting for one of their seasonal specials or something.
With this deal I imagine I could get a firm lease factor number, then maybe make MSDs and dial the mileage down to 10.
Keep in mind the mf and rv are subject to change or be adjusted on a monthly basis. The base BMW mf I believe inched up from .00086 to .00093 either last month or the month before. Obv we do not have a crystal ball though at current inventory rates I wouldnāt expect a drop anytime soon on mf.
Most on here will tell you MSDās is a solid ROI should you have the cash to do it. As for the mileage itās almost always more cost effective to get what you need up front than to pay for it on the back end or buy it half way through. If you can get by with 10k then def go that route.
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Used someone elseās fee structure and inputted this deal, and I think the missing element is in fact the MF. I cranked it up from .00093 base to 0.00103 and that gets it to the same number theyāre showing. Iām clearly missing something but at this point with all the knobs twiddled it seems to me like the MF is higher than minimum.
What webpage are you using for your companyās ādealsā? Are dealers required to give you those deals? Have you gotten any actual offers from dealers yet?
Itās Passport Unlimited, which is a corporate employee car buying perk, run through TrueCar. I spoke to the dealer over email and he confirmed that itās on the table. However I am slow-walking it because I need to test the actual model. The car in question is in the city where test-driving is pointless, so Iām waiting on one to arrive near me so I can give it a proper test.
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