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Hey All. Lurked here a lot, but wanted to give back.
I did a lot of negotiation to purchase a 2021 M340i from dealers east of the Mississippi.
The best MSRP discount I got was 10%, but their trade-in value was quite low compared to other dealers. I got the local dealer to hit an 8.5% MSRP discount. Some dealers wouldn't go over 7.5% and others couldn't go over 6%. Nearly every dealer would do a factory order for the same discount they said they would give me for a car on their lot.
The deal I went with was $66,320 MSRP (w/ destination)
- 5637 Discount
- 2000 BMW FS Rebate
- 500 BMW Loyalty
for adjusted price of $58,183. Nearly every dealer was doing 2.9% (1.9% promotional for Oct + 1% dealer rate).
They gave me a great trade-allowance and their local so it was the best deal for me. A dealer in Maryland would've built me a car for 10% off MSRP, but he was lowballing the trade and that killed the deal.
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