I bet there are plenty of people in the wild that would jump at that deal.
Confession:
Short story, was signing my lease today and overheard a customer with 2 kids and a wife agreeing to pay 673 p/mo for a 2019 3 series + Inceptions … I was so confused if I should step in or not
The only way I would have stepped in was if I wasn’t planning on giving the dealer my business.
Lol guess the dealer has to make some money with a few deals like that to be able to provide us with LH worthy deals … in my mind that man took one for the team haha
Without knowing all the details, you should stay out of it. (And even then…)
They could have been rolling in some negative equity on a trade in, buying a ton of miles or otherwise leasing a high MSRP example.
Adding to this, Unicorn deals aren’t possible without 50 other people effectively subsidizing them.
BAHAHAHAHAAH. This is only funny because they could’ve done this deal in April and probably made a killing with BMWFS incentives.
I hate these people.
I drove a 340xi demo at the end of April just for giggles. I wasn’t really impressed, was shooting the sh*t with the sales guy and of course the sales manager cornered me trying to shove $1000 coupons or some other such BS in my face. He told me that they wouldn’t go more than 12% off selling price, laughed at me and told me I was lying when I said that I had demo offers lined up for days at 17-19% off plus incentives.
They got stuck with 21 2018’s due to their hubris. I hope they lose a ton of money on them.
There was a thread similar to this where we didn’t understand why some BMW dealers weren’t aggressive enough in the last month.
my friend is leasing a 27k Mazda 3 for $379 per month with $3k down (plus tax probably)… I’m paying less than that for my 48k Alfa
only found out when I saw his car lol
FOLP, or the buy vs lease market is stronger in said locale.
In real world, shoppers drop their pants for the dealer.
In the LH world, dealers drop their pants for shoppers.
While I hate seeing people getting taken advantage of, I know that without these generous, kind (If otherwise ignorant) folk our deals would be impossible.
In his defense, Mazda’s tend to lease like crap and while he did get hosed, it could’ve been worse
I mentioned on another thread that I tried to get a 2019 440i GC loaner but it was a “no haggle” dealer who told me we should stop the conversation immediately if I wanted the price lowered- at 12% off MSRP. The car was at ~4000 miles too. He texted me and asked why it was a problem for me since it was a fantastic deal. I told him yes- on a new car, not a used car.
I called another one about a loaner that had apparently been incorrectly listed on their website and was new. He then told me more than 7% off MSRP was impossible DUE to all the lease incentive programs going on now. Those words literally came out of his mouth.
Sadly people will believe these things.
Oh it’s possible, it’s just impossible for him to make his boat payment without gobbling up the lease cash.
Yep, and some folks tried to explain why every situation was different and some dealer’s don’t want to make a deal. Maybe that’s the case but there had to be a reason seemingly every BMW dealership in competitive markets was blowing out their remaining 3 series in April. Now this dealership needs a sale price thousands more than than they would have needed in April to cover the lost incentives.
I don’t think I’ll ever buy a car again that isn’t a track toy or fun project again as aggressive BMW dealers seem to be fairly easy to find.
Eh- I’d say the average person has no idea they didn’t get a deal and either overpays just because they can or just assumes they could never afford a BMW and goes elsewhere.
As I posted above (and got hate for)- my friend paying $270/mo plus cash down for an $18k subaru believes she got a deal because it was a payment she could afford, a brand new car and she knew the guy that sold it to her. In my mind this IS the worst kind of deal because it’s so casually shitty, relies on a consumer’s lack of knowledge and so many people fall for it.
The first time I sat down for an X1 quote, I was completely unknowledgeable, lovedrunk off a test drive (i had been driving a 2010 mazda) and was offered something like $5k upfront (I had a trade in back then) and $450/mo payment and I literally almost went home to get my checkbook and then something told me to research this a bit more carefully. Shiver.
Yeah, nothing worse than a “dealer friend” preying on their family and friends and making chumps out of them.
Friend got this offer today, I don’t have all the details. He was told there are no incentives on it yet. Not sure if that’s true but I would assume they are low if any because it’s just hitting dealer lots but I don’t know much about this model yet.
2020 Jeep Gladiator Overland
MSRP $51,798
Sale price 51,298
48/10
3500 + tax/title and “fees” due at signing
$559 a month
$625/mo effective, that deal belongs in the circular filing cabinet.