Quote:
Originally Posted by drF80
"Quite a few people" got 10% off + incentives on the brand new, just released G20, which is >3% under the invoice pricing. That tells me two things: BMW is desperate for sales and that they do not believe in G20. Ah, and the third -- it is overpriced.
I don't think "quite a few" people are getting those deals...yet.
Also, $69k for a 340 is a way overpriced...
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Overpriced would indicate that it's above and beyond the pricing of its direct competitor, which it is not. The C43 is actually slightly more expensive despite only being a refreshed last generation model.
Also, discounting a car by 10% has nothing to do with BMW and their "desperation"; it's coming out of the dealer's pocket. If you simply go into a dealership and ask for 10% off, chances are they wouldn't agree. It takes some effort to get there.
Manufacturer incentives are what come from BMW, and again they are in line with what Mercedes is offering on the C43.
Sedan sales in general are on the decline which makes them ripe for great deals. That has nothing to do with whether or not BMW believes in the G20 specifically.
$69k (for a fully loaded M340i) was the MSRP, not what I paid. What I paid was that less 10% and $3k in incentives ($2k loyalty, $1k lease cash). This manifests itself into the $658 monthly payment, which by your logic means I should be in the "banking business", whatever that means.