Quote:
Originally Posted by Artemis
Quote:
Originally Posted by JCZ5
Thank you!
Always appreciate your substantiated responses with actual sources.
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± 23% discount for a brand new 2020 M2C. Kinda makes you wonder - as 'source' - if that was just a lucky shot, or rather a reality-check sample reflecting the current state of things of the (German) car industry.  |
Well I guess it's quite different in the US, speaking about the market before Covid19.
For example, the best average discount in the US is around 10%. Obviously it fluctuates a percentage point or two based on order vs. on the lot vehicles. However, this does not equate to a huge % off, in my mind. Most mainstream vehicles are 10% off in my mind and is almost expected. In fact, X5s are going for 10% off before incentives.
Obviously in Europe a 20%+ off is quite a lot higher, but also takes into account of the high VAT and other government markups.