04-03-2019, 04:17 PM | #23 |
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Dealer called me saying programs improved from March, reducing lease price by $30/mo. Wondering if that’s the additional 1K that’s being referenced in this thread coming through. Interestingly, I don’t see this additional 1K on BMWUSA’s website. Also this was for a 330, not M340.
Yes, check the stickied thread. |
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04-03-2019, 05:07 PM | #24 |
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That is why payment is less
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04-03-2019, 05:32 PM | #25 |
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That was my assumption, however:
1) I thought this 1K incentive was perhaps M340 specific, but apparently not since I was looking into a 330? 2) I may have missed it, but as I said earlier, it doesn't appear advertised on BMWNA's website? It seems wild to me that they are already offering 3K incentives on brand new 3 series (though, the starting residuals are about 5% less compared to initial F30 lease offerings). I quickly checked a few local dealer inventories, as was a little surprised to see one dealer having over 50 G20's on the lot. Perhaps BMW missed the mark on assuming folks were going to pay several hundred more for a 3 series as compared to prior generations, and this is them showing they made an error in judgement. |
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04-03-2019, 06:30 PM | #26 |
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So if you were quoted Invoice minus $2,000 loyalty discount in March and your M340 is scheduled to arrive in April. Would you also expect the $1000 lease rebate in addition to your original deal?
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04-03-2019, 06:31 PM | #27 | |
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These numbers don't include the $2k loyalty incentive. |
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04-03-2019, 07:19 PM | #28 | |
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Exactly so Loyalty + Incentive gets you the $3k.
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04-03-2019, 09:31 PM | #29 |
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I'm still confused. I see 1K Loyalty/Conquest and 1K Lease credit. That amounts to 2K. Is this "bonus" 1K we're discussing not listed on the site?
https://www.bmwusa.com/special-offer...gtondcbmw.html |
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04-03-2019, 09:38 PM | #30 | |
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04-04-2019, 05:38 AM | #31 |
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04-04-2019, 05:59 AM | #32 |
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I was told last night by finance manager MF is .00177
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04-04-2019, 06:09 AM | #34 |
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That was the number for March too.
Anyone know if the $1000 Lease cash is combinable with the Corporate Fleet Discount? Corporate Fleet for the 2020 M340i is $2500, I know that isn't combinable with the Loyalty discount anymore - but $3500 > $3000 |
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04-04-2019, 06:15 AM | #35 |
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Dealers markup mf
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04-04-2019, 07:17 AM | #36 |
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I am getting jerked around by my SA. He quoted me Invoice minus $2000 loyalty credit on a 2020 M340 which is now in production. When I mentioned to him that I heard BMW was offering a $1000 credit on the lease of a 2020M340 during the month of April, he now says that the initial offer only applied to me financing the car. In fact we never discussed whether I was going to finance or lease. He is actually being a real jerk about it. Thing is we have communicated solely by email and I have all the email communications. I simply want the price he quoted and the BMW April lease promotion.
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04-04-2019, 07:28 AM | #37 | |
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- $2000 loyalty credit AND you can combine with one of the following - $1000 lease credit - $1750 financing credit |
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04-04-2019, 08:22 AM | #38 |
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04-04-2019, 08:30 AM | #39 | |
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Financing — $3750, 2.9% APR 60 mos Lease — $2000, 4.25% APR (0.00177 MF) |
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04-04-2019, 08:47 AM | #40 |
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All, I am new to buying new (lease/finance). I qualify for the Corp sales discount, but wouldn't be return BMW buyer.
Is it standard to get these discounts such as Corp/Return buyer off of Invoice Price? I always thought it was MSRP? |
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04-04-2019, 09:11 AM | #41 | |
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04-04-2019, 09:14 AM | #42 | ||
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The dealer is allowed to mark it up by as much as 0.00040. I don't know if there are also regional differences in the MF. |
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04-04-2019, 09:19 AM | #43 |
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IMO, the best approach is to negotiate the finance rates first, then negotiate a percentage off of MSRP before incentives are applied.
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04-04-2019, 09:19 AM | #44 |
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