Ok so I had posted the deal I had received on a 330 loaner on the share deal portion I just want some opinions because I’ve seen to hit a wall with dealers.
I am trying to push for a 20% discount off the MSRP BEFORE rebates are applied, which would put me at $350ish a month. Sign and Drive, $0 due at Signing.
Dealers do not seem to want to go past 10-14% range off MSRP even with a loaner that’s been for sale since April. The dealers I have worked with have consistently quoted me in the ~$450 range nothing out of pocket.
Are BMW dealers just not that competitive in the NJ/NY area, is it too early and dealers aren’t hungry enough, or am I chasing the impossible. Be happy to hear people’s perspective.
Below is the ideal deal I’d be chasing.
Year, Make, Model, and Trim: [2017 BMW 330i xDrive]
MSRP: [$48,325]
Selling Price: [$39,585]
Rebates: [$750 Loyalty, $3000 Cash Rebate, $1000 College Grad]
Trade-in: [$0]
Months: [36]
Annual Mileage: [10,000]
MF: .00152
Residual: 61%
Security Deposit: [$0]
Total Due At Signing: [$0]
Monthly Payment (incl. tax): [$363]
Zip Code: [10312]
Sales Tax Rate: [9%]
College Grad rebate $1000 covers remaining 2 payments which are not covered by Pull Ahead. Also Selling price is adjusted to account for 5,000 miles at .225 cents per mile. A car with less miles will be cheaper monthly. But should be under $375 all day long, right discount should bring us to $350ish.