Is this a good deal. Will be needing your input on this.
Bmw 440 xi loaner with 3800 miles on it.
MSRP 67,675
Selling price 60000
Mf .00152
Residual 57%
4520 dollars down including taxes and all other fees.
774 a month for 36 months x 10000 miles a year.
Includes 2000 dollars of my previous Bmw payment rolled in.
Terrible deal, especially since it’s a loaner. Just curious, how many months of payments is the $2k that you are rolling in? BMWFS shoud be waiving some of that, so make sure the dealer is making you pay it.
with 0 drive off, you have to add additional $125.5 to your monthly which will bring it to 900 a month on a 67.7k MSRP car — LOANER.
You want your monthly to be below 1% of your MSRP on a NEW car, and even more on a loaner.
Keep looking and don’t even try to negotiate with this dealership because they’re not even close.
I have 5 months of payments left on my previous car.
I never negotiated anything. That’s the numbers they gave. I thought it was too high too. According you all what should be the payment I should be looking for on such a car.
The problem here is that you’re looking for a specific car. A 440 with Xdrive and M track package. I don’t think you will be able to negotiate much since it’s such a specific car. At the end of the day, whatever package you’re getting you’re still paying 900/month for a 4 series. It’s like that other guy who wants to pay 700 for a CLA 45. No matter what package he’s getting, it is still a CLA.
If you really want that car, you will have to pay a bit extra. If you have the budget of 900/month I would look into the 5 series or the E class. You might not get the track package, but you will have a better built car with more technology and luxury.
Just my .02.
EDIT: What car do you have 5 payments left on?
900 a month? Please skip the 4 series and get a M3 or an M4 and take some pics for the trophy garage.
Thanks a ton. I’ll shop around for a bit. It was just that the car sounded really good. I better hold on to my horses. 