09-30-2019, 06:40 PM | #354 |
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09-30-2019, 08:16 PM | #356 |
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10-01-2019, 10:37 AM | #357 | |
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10-01-2019, 01:39 PM | #358 | |
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Although I'm even more confused now when I start negotiating a new lease on a G20. The lease on my 16 340i M Sport ends in December and my local dealership really wants to put me in a new lease. Shocking I know... I got hosed on my F30 so I want to be smarter this time. However, the more I read the more I feel intimidated. |
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10-01-2019, 04:06 PM | #359 | |
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Make sure you know what the current MF rate, residual % and BMW provided incentives are available at the time you are looking to get a new lease and what applies to you. Once you have that information, all you need to negotiate with the dealer is the % off MSRP. With the G20 most people aim for 9-12% off so that's a good starting point. The sticky thread on this forum with the current lease rates as well as the Leasehackr forum are great places to get your information. Use the calculator on Leasehackr to plug in the values you have with the % off MSRP the dealer is giving you to make sure there is no funny business with them putting in bogus fees or raising the MF. If everything checks out and you are happy with the deal just sign on the dotted line
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10-01-2019, 05:30 PM | #360 | ||
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10-02-2019, 11:25 AM | #361 |
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Thanks guys! I've been learning about all the stuff mentioned above. Leasehackr is a great resource.
I've already received a quote sheet from the CA. They definitely can do better. Negotiating the MSRP is definitely the next step. Now I want to see if any new programs are in effect with it being October. |
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10-04-2019, 01:48 AM | #362 | |
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10-04-2019, 01:49 AM | #363 | |
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Hey brotha. I'm in Philly. Please PM me dealer and CA info! |
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10-04-2019, 04:19 PM | #365 | |
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M340i (2020MY) 15k miles / 58% residual 12k miles / 60% residual 10k miles / 61% residual $1000 lease credit $2,500 finance credit $2,000 loyalty credit In terms of discount, you should aim for something between 8-12% off pre-incentive, depending on your region. How long production takes depends on a few factors. If you have any individual options, if the dealership has allocations, and the general production cycle at the plant. Some people have had to wait upwards of 3 months while others have been lucky (i consider myself lucky). Here's my timeline so far: REGION - Chicago 2020 BMW M340i xDrive Dravit Grey Metallic 19" 791M all season Mocha Vernasca Leather Open Pore Fine Wood Oak Grain Trim Driving Assistance Driving Assistance Professional Executive Package Premium Package Ambient Lighting Front & Rear Heated Seats Remote Engine Start Wireless Charging & WiFi Hotspot Harmon Kardon surround sound system Order Received 9/6 Scheduled For Production 9/10 Production Begins 9/11 Exterior Body Assembly Begins 9/17 In Paint Booth 9/18 Entering Assembly Line 9/19 Assembly In Progress 9/19 Quality Check 9/19 Final Assembly 9/20 Ready For Transport 9/20 Awaiting Carrier Assignment 9/20 Dispatched From Factory 9/20 At The Port 9/27 In Transit 10/2 At the Port (US) est. 10/11 At The Dealership est. 10/16 Vehicle Delivered est. 10/17 |
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10-05-2019, 11:18 AM | #366 | |
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10-05-2019, 01:03 PM | #367 |
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10-06-2019, 12:13 PM | #368 |
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For anyone interested as a quick point of reference, DC Area M340i order just finalized. Production kicked off a couple days ago.
$66k MSRP Little over 10% off $3k in rebates Taxes and other fees paid up front along with max MSDs. 36mo/12k $570/month final Pretty much everything being posted here was accurate and extremely helpful. Pretty painless transaction once I found a dealer/salesperson who was ready to deal. Last edited by DCDeac; 10-06-2019 at 05:03 PM.. |
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10-06-2019, 01:47 PM | #369 |
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Just picked my M340i up on Oct 30. Got 11% off MSRP and base MF on the lease + $3250 rebates. $0 down, 0 MSDs.
Rolled in maintenance as well. I was surprised that they said I had no time to think about maintenance on a lease. I purchased my last BMW and they gave me a week or so to decide on it. Year, Make, Model, and Trim: 2020 BMW M340i MSRP: $64,195 MSRP with 11% off: $58,633 Monthly Payment: ~$670 ($725 after I was conned into maintenance - less hassle for me tbh) Drive-Off Amount: $0 down 0 MSDs Months: 36 Annual Mileage: 12k MF: .00128 (base) Residual: 60% Incentives: $3,250 + BMW CCA ~$300 (Lease - $1k, Loyalty $2k, USAA $250) |
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10-06-2019, 07:32 PM | #370 |
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Ridiculous payments you guys get down there. That's at least $150-200/month cheaper (converted) for equivalent car/deal in Canada.
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10-09-2019, 08:51 PM | #371 |
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I'm being quoted at about 75k out the door for an individual java green metallic 2020 M340i fully loaded + almost all m performance and carbon parts and accessories. About 5k or 7% discount off MSRP. Looking at about $1300 a month finance for 60 months with 5k down. Good deal or no?
Last edited by raj914; 10-09-2019 at 08:58 PM.. |
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10-09-2019, 11:46 PM | #372 | |
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10-10-2019, 12:31 AM | #373 |
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10-10-2019, 05:51 AM | #374 | |
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