Ketchup
February 27, 2018, 7:09pm
1
Hi, first post here so be gentle.
2018 BMW x4 XDrive 2.8 Loaner
$56,695 MSRP
$46400 Selling price (18.2% off)
36 months
12k miles
60% residual
.00172 MF (OAC)
4000 miles
$579 Month + tax
$2,500 down + drive off*
is there anything anyone can recommend i do to get this down, i notice the MF is marked up by 0.002.
alex_b
February 27, 2018, 9:17pm
2
Bad deal (gentle). Lol
18.2% seems too low for a loaner.
What state?
Don’t put $2,500 down!!!
How much is drive off?
It’s an old model. Aim for at least 20% off. I would try even 20-25%.
For that payment, you can get a new X4, not a loaner.
1 Like
Ketchup
February 27, 2018, 10:59pm
3
Thank you!
What should i be targeting?
43k sales price is 24% off msrp and a non-marked up MF of 0.00152 would give me a little over $400 a month
I guess the question is how much of that discount are rebates? There’s the $3k lease incentive, do you have loyalty? College grad? Shoot for that 20% discount from the dealer alone, then stack any rebates or other stuff.
sssick
February 28, 2018, 1:32pm
6
When I use the numbers you provided in the calculator, I come up with an entirely different payment. I’m not sure what’s going on here.
Ketchup
February 28, 2018, 3:08pm
7
sorry, the 2500 was drive off including all taxes etc.