05-04-2020, 01:27 PM | #1 |
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2020 BMW M2 COMP Pricing Canada
Hi Guys,
Need your help. I have not owned a BMW since my 135i days. However I miss it. So I am looking for a M2 competition . Found a 2020 demo at the dealer with 700 km's on it. They are offering me an additional $2600 off the price attached. Is this a good deal? Let me know what you think this should go for. SEE PDF. Basically I would get the car for $75714 plus tax. |
05-04-2020, 02:23 PM | #2 |
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I think there are some deals to be had these days as a result of the pandemic, even on new vehicles. Not sure if you have many options for dealers in NL, however.
In ON it seems like there are a lot of DCTs collecting dust on lots, but no MT. I bet these will be discounted at least $2600 if you ask the right questions! (Note that I could not get a deal on my 2019 MT back in 2018 because of the lineup of people who would've bought it if I did not. These days, dealers are desperately looking for buyers.) So, in short, it seems like a decent deal since it's a 2020 with a stick shift since they are tougher to get. Nice that it has sunroof too. I wish I had that, but at least I have the Harmon Kardon sound system. If you will kick yourself for not getting a new one with HK sound, I say place an order for a new one, or see if they can locate something for you from another dealer at the same price. OR, ask them if they'll do a 4.5% discount on the demo. That's usually what I get on brand new BMW/Porsche having been a previous buyer. They still make money, so it's not too aggressive of an ask. |
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05-04-2020, 04:33 PM | #4 | |
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And whats up with Freight and PDI for $2,395? Last edited by BigKutta; 05-04-2020 at 05:21 PM.. |
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05-04-2020, 07:27 PM | #5 | ||
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Also, $2K for freight and PDI?! What the hell is this? That is pretty absurd and almost all dealer profit. Unless, that $2K is the equivalent of the US destination charge, which is $995 (no escaping that).
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05-05-2020, 06:12 AM | #7 | |
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I negotiated 5% off a new order before everything hit. They tried to rush me in to sign the papers but I wasn't willing to confirm my euro trip amidst all the lockdowns. I think you can get even deeper discounts now. I'd push for 7-10% range, worst thing they can do is say no. If you want one on the lot you have even more leverage. |
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05-05-2020, 07:45 AM | #8 | |||
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05-05-2020, 09:11 AM | #9 | |
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05-05-2020, 09:18 AM | #10 |
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For a new bmw, you can generally ask for 5-7% off msrp before fees plus all required fees (freight/pdi, Ac/tire tax, ppsa) plus tax for a final out the door price.
For a demo, I would definitely ask for more % off (10% off msrp). Freight/pdi should be waived/removed as the car is used. You should calculate an out the door price with tax included to negotiate with instead of asking them to remove stuff. As long as they are willing to sell for that price, it won't matter what they removed/discounted for their own accounting. |
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05-05-2020, 11:20 AM | #11 |
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Thanks for your help guys. The manager is driving the car so it has to be licensed I assume to drive it on the road. If they want new car pricing they should not be driving it lol.
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06-06-2020, 12:30 PM | #13 |
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Any chance to come to US and buy? I paid 55k
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06-06-2020, 01:02 PM | #14 |
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I picked up a new 2020 HS, DCT a month ago with $4000 off + 2% BMW Club discount + 2% off rate for loyalty and discounted full frontal ppe. I should have asked for more.
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