I am not sure what this number means, but here is the calculator with 7840 off. The rebate will contribute to the due at signing.
I select 0 drive off, so 515/mo is very close to your current 499 + 499/35 = 513/mo.
This deal is not bad and the car is pretty loaded with coral red seat. I think you can take it if you like.
I am quoting for 2018 new 340i and the dealer gave a good price after spending a long time for negotiation. The price is just good, but not great. it is around 13% off before incentives. I am not qualified for college graduate and loyalty. So only $4500 leasing credit is used, I will use CCA later.
After we make consensus for the sales prices and money factor, I tried to use OL code for $1000.
He told me that they will not do that for me, because the price he gave is already smoking price. And he told me that the price is all they can do for me, it does not make sense to lose money for them. But actually they are not losing money in my calculation(The rebate also should be from BMW factory).
This is the end of March. I should get the deal and should be able to use the OL code (even $500 is fine).
What can I do to make him apply the OL code ? I tried a lot ways to persuade him, but failed. Should I try to ask another salesman in the dealership to apply this OL code ?
Thanks ! Appreciate your help !
If you ask another salesperson you will provide some quality entertainment for the sales staff. Go try to get another BMW store to do it and take the deal.
Did you ask him to explain why the dealer would be using money if you used the OL code? Isn’t the OL code reimbursed by BMW?
Where is your OL code from and where are you trying to use it?
But actually this is the only car I want. So can I buy that car through other dealer ?
OL code is got from online. But actually he just refused me without any staff of OL code.
His explained that he already applied all factory rebates for me, but actually the rebate is still $4500 in his form sent to me. And then he explained they can not lose money.
Have to be willing to walk away, tell him to call you if he changes his mind.
He clearly doesn’t know what it is or where it comes from, although it’s been reported only $500 is actually from Bmw. Explain to the dealers it’s not their money it’s bmws and it would be a shame to lose a deal over $500 of not their money.
Yeah, it’s a 50/50 split. Many dealers have only applied the 500 that comes from FS, so at least the buyer gets something anyways.
Just one question, the OL code is for the specific dealership or for most dealership.
Thx
Ol codes are not dealership specific but the fine prints does say they don’t have to take it.
Can they just give you the 500 that they aren’t paying for? Can you ask them to reduce the discount by 500 dollars so you can apply the OL code? You know, a compromise?
So what can I do if they said that they do not have to take it ?
I think the salesman will refuse for even $500. Should I try to talk with the manager or changing to another salesman? But maybe it is not good to switch to another salesman because he took effort and time to negotiate with me.
Thanks
Take the deal as is or walk, but I’d at least make the deal contingent upon it, make sure they understand what it is and where the money comes from. If they fully understand and can’t be bothered move on.
You need to move beyond the salesman and go straight to the mgr.
I don’t understand why you’re not talking to the sales manager already since he’s the one that’s going to make the final call. Salesman will never agree to a price the manager won’t allow him to agree to.
Yes. If I have some other good choice or it is not the end of March, definitely I will move on if they do not give the rebate. But I might need to wait next year to get such a discount if I miss this weekend.