First time trying to work on a loaner deal, read a bunch of threads. It has 4,365 miles on it. Minneapolis, MN.
I’m looking at a 2019 X3 xDrive30i. The barely filled out worksheet:
Selling price: 44,685 (which is MSRP)
Discount: 2750
Lease incentive of 2000 plus 750 conquest (2750 total)
Total purchase: 39,185 excluding fees, etc.
Monthly with nothing down for 36/15 is $646.
Obviously a discount of 2750 (6%) is quite low. They are already factoring in the 2750 available incentive without me asking.
Is it recommended I just give them a number that works for me or does anyone suggest other language to get them to counter the discount?
I know it is bad, very bad. Was just looking for some friendly advice in the approach to saying thanks for the offer, but I’d like 15% off pre-incentive. That’s all.
What is trying to be said is that if a dealer is barely discounting at all…getting them to 15% will be near impossible. The goal of the site is to educate, and all the good deals you see in many markets Involve some travel and casting a wider net to get. In my market broker deals posted here have been laughed at. I have a friend who is a sales manager at my local BMW and he said he could never touch these numbers…and doesn’t have too.
I tried to work with BMW of Minnetonka, nice folks, but I could not get them to budge past a 9.2% discount on a demo 430i (a car not exactly selling like hotcakes). I have not tried with the Bloomington group. Anyway, in some markets, dealers don’t need to deal. To get the best deals, you may have to contact 10-20 dealers to find that one that wants to aggressively move a car off the lot.