Quote:
Originally Posted by premier3is
Quote:
Originally Posted by bluzbra
Quote:
Originally Posted by premier3is
Quote:
Originally Posted by bluzbra
Quote:
Originally Posted by premier3is
Quote:
Originally Posted by bluzbra
Got the following quote today from a dealer on a 2020 M340i (new, in-stock vehicle):
MSRP: $63,500
Selling Price: $55,400 (12.75% off MSRP) BEFORE incentives
Residual: 61% (36/10 lease)
Incentives: $3,000 ($2,000 loyalty + $1,000 lease)
MF: 0.00182 (inflated from 0.00142; I'm trying to get the base MF)
DAS: $3,300
Payment: $577 (including 9.5% tax)
Note: If I get the base MF, the payment drops to $540. Thoughts on deal?
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Base MF would be nice here and shouldn't be hard to get with these tough times unless you have bad credit.
No down payment?
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They're splitting the MF with me at 0.00162, so payment drops to $560/month. Credit isn't the issue, they're just trying to make some money in the financing end since they're discounting the car so heavily. Is 12.75% off MSRP average for an M340i or is it on the higher end? Total due at signing is $3,300.
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12.75% is good. Any security deposits towards that DAS? Maybe someone else's input here will help as well on this deal.
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Thanks! No MSDs in the driveoff.
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What's in your DAS? Got a breakdown? Seems high wonder what's included in it.
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It consists of $2,500-ish for drive offs ($995 acquisition, first months payment, registration, etc.) and $800-ish towards cap cost reduction.
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Current BMWs - '21 M550i Bernina Grey/Black Nappa, '20 X5 sDrive40i xLine Alpine White/Coffee Extended Merino
Past BMWs - '20 740i, '20 X3M, '19 540i M-Sport, '19 440i GC M-Sport, '18 M3 Comp., '18 X5 sDrive35i, '18 340i, '17 X3 sDrive28i, '15 335i xDrive Sport Line, '14 428i Coupe