02-20-2020, 08:05 PM | #133 |
Major
1483
Rep 1,369
Posts |
Got an offer from a dealer for MY20: 6sp, HS, Executive package plus semi-frivolous add-ons like CF mirror caps, steel pedals and full frivolous add-one like wheel locks, all weather floor mats, floating hub caps and first aid kit. MSRP: $63.4K
Accounting for all TTL it will be OTD: $59.5K. Have 20 miles so far, put about 5 miles myself during the test drive. Also they're flying me to their dealer to pick up the car. I originally want to do a build because I wanted a moonroof and maybe LBB. But this seems pretty decent.
__________________
IG: @rise_n_drive
|
Appreciate
0
|
02-22-2020, 09:11 AM | #134 | |
New Member
63
Rep 26
Posts |
Quote:
|
|
Appreciate
0
|
02-22-2020, 09:16 AM | #135 | ||
Major
1483
Rep 1,369
Posts |
Quote:
I often times just deal with OTD figure with those parameters in mind. By the way, do everyone's OTD number include financing interests? My dealer will only give me this price if I finance through BMWFS. I plan to pay it all after 4 payments. But will have an additional $213 in interest.
__________________
IG: @rise_n_drive
|
||
Appreciate
0
|
03-04-2020, 01:00 PM | #136 |
Administrator
40896
Rep 21,240
Posts |
Updated for March -- no program rate changes.
__________________
Check on the Latest BMW News
Become a fan of Bimmerpost Facebook Follow us on Bimmerpost Twitter Subscribe to Bimmerpost Youtube Channel |
Appreciate
0
|
03-05-2020, 04:57 PM | #137 |
Enlisted Member
3
Rep 36
Posts |
I have a CA in Chicago area doing 7-8% off order and in stock. Is this a good deal? Hes been super awesome but not sure if I can get it for cheaper.
|
Appreciate
0
|
03-05-2020, 06:26 PM | #138 |
Major
1483
Rep 1,369
Posts |
That is a decent deal. But I would expect order to have less discount than in stock. Regardless, I would push for 10% off
__________________
IG: @rise_n_drive
|
Appreciate
0
|
03-05-2020, 08:22 PM | #139 |
New Member
42
Rep 23
Posts
Drives: 2020 M2 Comp / 2005 330i ZHP
Join Date: Feb 2020
Location: Hampton Roads Va
|
Just bought M2C in florida
Shopping on-line for two weeks and picked up a 2020 M2C in blue, with exec pkg and DCT for 58696 —out the door for 62500 and shipped to 757. Dealer was really great. also shopped at the end of the month and great financing thru BMW.
Last edited by Kazhul; 03-05-2020 at 08:27 PM.. Reason: Update |
Appreciate
0
|
03-06-2020, 09:23 AM | #140 |
Enlisted Member
3
Rep 36
Posts |
Spoke to 5-6 different dealers, most came back at 5-6% and he did 7-8%. He said it doesn't matter if I order it or not. Pricing will be the same. "Why settle for whats on the ground if you're spending this much money" is what he said and its true!
|
Appreciate
0
|
03-06-2020, 09:26 AM | #141 | |
Major
1483
Rep 1,369
Posts |
Quote:
Let us know what you end up deciding and your spec!
__________________
IG: @rise_n_drive
|
|
Appreciate
0
|
03-13-2020, 06:52 AM | #142 |
Major
1483
Rep 1,369
Posts |
In these economic times, I'm curious to see how pricing will play out in a month or two.
IMO, the new norm to shoot for is at least 10% off MSRP.
__________________
IG: @rise_n_drive
|
Appreciate
0
|
03-17-2020, 07:32 AM | #143 |
Major
1483
Rep 1,369
Posts |
Here is another data point on how these economic times seriously affect dealers.
As you can see from earlier posts, I turned down an offer right before the outbreak for $59.5K OTD with the dealer willing to fly me down to pick up the car. Yesterday, I got a call from the same dealer saying they will ship the car to me if I'm still interested. Keep in mind, shipping the car to me will cost around $1K or more. So I strongly urge people to purchase out of state if their surrounding areas are unwilling to negotiate. And also take advantage of fringe benefits like having the car shipped to you on the dealers dime. Happy hunting! |
Appreciate
0
|
03-31-2020, 08:37 PM | #144 |
Captain
451
Rep 675
Posts |
I'm looking at either an M2C or an M4. which cars do you think they are discounting more right now? or can you get similar discounts on either?
the M4s are more expensive MSRP but are also an older model - so not sure if they might deal harder on these and you could get one for a similar deal? what kind of discounts would you expect now on either car? 10% off MSRP? or more? i'm wondering with the whole COVID-19 crisis that people simply are NOT buying cars, lots of people losing jobs and car like these are not moving like they have been so dealers may be willing to negotiate a lot more and come down on selling prices. thanks for any input!
__________________
Sean
2016 X5 sDrive 35i 2018 M550i |
Appreciate
0
|
04-01-2020, 09:47 PM | #145 |
First Lieutenant
135
Rep 379
Posts |
any inputs on the used market? what kind of discounts can I asked for from the dealers list price?
and should I do deals now or wait another month or 2? |
Appreciate
0
|
04-02-2020, 07:43 AM | #146 |
Dom
1080
Rep 1,718
Posts |
I received a 5% discount right off the bat on a brand new M2C and I'm waiting to see if there are any April incentives/rebates because of COVID. I think it all depends on how this progresses, it's all unknown and if it does continue on this path, May/June may be even better. I think dealerships are hungry for deals but I don't think they are desperate. I also could be completely wrong here too. If the deal makes sense for you and your budget, do it. If not, hold out for what you think is a good deal for you.
|
Appreciate
0
|
04-02-2020, 09:18 AM | #147 | |
Major
1483
Rep 1,369
Posts |
Quote:
__________________
IG: @rise_n_drive
|
|
Appreciate
0
|
04-02-2020, 09:26 AM | #148 | ||
First Lieutenant
135
Rep 379
Posts |
Quote:
so I'm not sure what my next move should be, I really like the actually car they have and would hate to lose it but again with COVID I think I should gamble and wait. thoughts? |
||
Appreciate
0
|
04-02-2020, 09:52 AM | #149 | ||
Dom
1080
Rep 1,718
Posts |
Quote:
Quote:
I find it very hard to believe that they don't know what the April ones are before they are officially announced. Maybe they do and that's why my guy told me to wait. I've waited this long, whats another few days... |
||
Appreciate
0
|
04-02-2020, 12:33 PM | #150 | |
Captain
451
Rep 675
Posts |
Quote:
we will see soon. I still think they will also deal more on the bottom line. yes they can't lose money on them, but they have to move them.
__________________
Sean
2016 X5 sDrive 35i 2018 M550i |
|
Appreciate
0
|
04-02-2020, 12:42 PM | #151 | ||
Major
1483
Rep 1,369
Posts |
Quote:
Keep in mind the cost to actually have a car on lot each month and other factors. The pricing model can change drastically at areas a you don't expect.
__________________
IG: @rise_n_drive
|
||
Appreciate
0
|
04-02-2020, 12:51 PM | #152 | ||||||
Captain
451
Rep 675
Posts |
Quote:
Quote:
__________________
Sean
2016 X5 sDrive 35i 2018 M550i |
||||||
Appreciate
0
|
04-02-2020, 01:05 PM | #153 | |||||||
Major
1483
Rep 1,369
Posts |
Quote:
Now that we're amidst the crisis. I would want at least 11%. Quick search on Autotrader and there are 312 new M2 competitions in the US. The longer you wait, the more dealers are inclined to work with you. Now before someone says it is immoral to push dealers on deals at a time like this. Let's not forget, the dealers also have a voice on whether they want to take the deal or not. And all dealers have a spreadsheet (at least the smart ones) that takes into account of all cost levers, so they can easily see what number they need to hit in order to continue their operations. Now caveat, dealer operating costs have also gone down due to furloughing their workforce. That is why I'm not saying people can get 20% off. But 11% or so right now is doable. Good luck!
__________________
IG: @rise_n_drive
|
|||||||
Appreciate
0
|
04-02-2020, 01:12 PM | #154 | ||||||||
Captain
451
Rep 675
Posts |
Quote:
__________________
Sean
2016 X5 sDrive 35i 2018 M550i |
||||||||
Appreciate
1
chris7197334.00 |
Post Reply |
Bookmarks |
|
|