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2019+ BMW 3 AND 4-SERIES FORUMS (G2x Generation) Ordering / Pricing / Order Tracking Forum Official G20 3 Series Quotes, Pricing and Lease Rates Thread

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      10-01-2020, 06:21 PM   #639
jdbimmer
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Quote:
Originally Posted by Casone238 View Post
If you don't mind when you take delivery share what were the incentives there seems to be a lot of confusion and ambiguity
There is some confusion over the lease to lease cash. It *may* not exist anymore. We’ve arrived at a compromise, but I’m curious to hear what you run into.
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      10-01-2020, 06:36 PM   #640
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Quote:
Originally Posted by jdbimmer View Post
There is some confusion over the lease to lease cash. It *may* not exist anymore. We've arrived at a compromise, but I'm curious to hear what you run into.
I don't qualify for the lease to lease or loyalty since I'm coming from MB, I'm wondering about if the 1500 is indeed a lease credit for all customers hopefully that stacks with my fleet discount. I also heard that if the 6 months haven't hit yet on your bmwcca the dealer can add it as an incentive
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      10-01-2020, 07:45 PM   #641
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Originally Posted by Casone238 View Post
I don't qualify for the lease to lease or loyalty since I'm coming from MB, I'm wondering about if the 1500 is indeed a lease credit for all customers hopefully that stacks with my fleet discount. I also heard that if the 6 months haven't hit yet on your bmwcca the dealer can add it as an incentive
According the BMW website, the $1500 is lease cash. Accordingly it should stack with fleet. However, if you use fleet, you are ineligible for the BMWCCA rebate, regardless of how long you have had a membership. Since fleet and CCA are both $500, and it sounds like you aren't 6 month in on your membership yet, I'd just use fleet and call it a day.
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      10-01-2020, 07:47 PM   #642
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Regarding fleet and CCA, see the BMWCCA rebate webpage, bottom right, under "Exclusions":

"Not combinable with the Corporate Sales/Fleet Program"
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      10-01-2020, 08:20 PM   #643
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Quote:
Originally Posted by mf44 View Post
Regarding fleet and CCA, see the BMWCCA rebate webpage, bottom right, under "Exclusions":

"Not combinable with the Corporate Sales/Fleet Program"
Quote:
Originally Posted by mf44 View Post

According the BMW website, the $1500 is lease cash. Accordingly it should stack with fleet. However, if you use fleet, you are ineligible for the BMWCCA rebate, regardless of how long you have had a membership. Since fleet and CCA are both $500, and it sounds like you aren't 6 month in on your membership yet, I'd just use fleet and call it a day.
Thanks for the info! I just got off the phone with with CA I got the 1500 lease credit and it stacked with my fleet discount
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      10-02-2020, 07:04 AM   #644
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Got the deal done last night

2020 BMW M340i xdrive

MSRP: $64,700
Sale Price: $59,207 (8.5% discount)
Incentives: $1,500 lease cash, $500 loyalty; $500 lease to lease
Adjusted Cap Cost: $56,707
Money owed on trade: $7,002 ($200/mo essentially)
Monthly Payment: $ 899 (including tax of 8.25%)
7 MSD+ 1st month payment-$658 + Fees
Months: 36
Annual Mileage: 12,000
MF (before MSD's): 0.00082
MF (after MSD) .00047
Residual:57%

Running the numbers WITHOUT the upside trade, it comes out to roughly $588 pre tax, $636 with tax.

HUGE shout out to mf44 . It took a little work. They tried to play games with the MF, BMW incentives, and of course their discount. If you had not posted those numbers ahead of time I would have overpaid by $50/mo at least. So thank you so much.

I def. got hosed on the X3M since they were hot and money wasn't cheap when I got it. Plus it was my first BMW so I lost out on any loyalty or lease to lease money at the time. Even after putting the negative equity into the monthly, I am still quite a bit cheaper per month!

There is very little inventory at the moment. I would had preferred a little more optioned up car (adaptive suspension & 360 camera), but if I waited, the value of my X3M would only had gone down. I chose an adaptive cruise car over the other cars since I get more use out of that function than the others. The dealer really wanted my trade and offered what BMWFS offered to take it last month with 3K less miles ($62K). I disliked the car THAT much that I decided to just pay to get out. So far I am really digging the new systems plus remote start. Plus the lower payment never hurts either.


Quote:
Originally Posted by mf44 View Post
RoyB, I think you need to get a better breakdown from your dealer. Assuming the following:

-$64650 MSRP
-7% pre-incentive discount
-base MF (.00082)
-max MSDs (reducing MF to .00047)
-$2500 in taxable incentives ($1500 dealer cash, $500 loyalty, $500 BMW lease to lease cash)
-paying DMV and dealer doc fees upfront
-8.25% tax rate

I'm getting $630 pre-tax, $682 including tax. This is without factoring in your negative equity. Without an exact number on the negative equity, we can't give an exact number on a target payment. I'm wondering if they are marking up the MF any, or including incentives in your discount?
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      10-02-2020, 08:55 AM   #645
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Quote:
Originally Posted by mf44 View Post
According the BMW website, the $1500 is lease cash. Accordingly it should stack with fleet. However, if you use fleet, you are ineligible for the BMWCCA rebate, regardless of how long you have had a membership. Since fleet and CCA are both $500, and it sounds like you aren't 6 month in on your membership yet, I'd just use fleet and call it a day.
Keep in mind guys that the extra lease cash this month is only to offset the 2% drop in the residual value. It ends up the same as last month if you run it both ways.
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      10-02-2020, 09:24 AM   #646
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Quote:
Originally Posted by carguy19 View Post
Keep in mind guys that the extra lease cash this month is only to offset the 2% drop in the residual value. It ends up the same as last month if you run it both ways.
The residual drop, at least for 10k/year, is only 1% (59% to 58%). The $1500 lease cash more than offsets that. You are going to come out ahead with the additional lease cash this month, regardless of the residual drop. You also need to remember the MF is reduced, as well, further benefitting any October buyer.
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      10-02-2020, 09:25 AM   #647
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Glad to have helped! Enjoy the new car!

Quote:
Originally Posted by RoyB View Post
Got the deal done last night

2020 BMW M340i xdrive

MSRP: $64,700
Sale Price: $59,207 (8.5% discount)
Incentives: $1,500 lease cash, $500 loyalty; $500 lease to lease
Adjusted Cap Cost: $56,707
Money owed on trade: $7,002 ($200/mo essentially)
Monthly Payment: $ 899 (including tax of 8.25%)
7 MSD+ 1st month payment-$658 + Fees
Months: 36
Annual Mileage: 12,000
MF (before MSD's): 0.00082
MF (after MSD) .00047
Residual:57%

Running the numbers WITHOUT the upside trade, it comes out to roughly $588 pre tax, $636 with tax.

HUGE shout out to mf44 . It took a little work. They tried to play games with the MF, BMW incentives, and of course their discount. If you had not posted those numbers ahead of time I would have overpaid by $50/mo at least. So thank you so much.

I def. got hosed on the X3M since they were hot and money wasn't cheap when I got it. Plus it was my first BMW so I lost out on any loyalty or lease to lease money at the time. Even after putting the negative equity into the monthly, I am still quite a bit cheaper per month!

There is very little inventory at the moment. I would had preferred a little more optioned up car (adaptive suspension & 360 camera), but if I waited, the value of my X3M would only had gone down. I chose an adaptive cruise car over the other cars since I get more use out of that function than the others. The dealer really wanted my trade and offered what BMWFS offered to take it last month with 3K less miles ($62K). I disliked the car THAT much that I decided to just pay to get out. So far I am really digging the new systems plus remote start. Plus the lower payment never hurts either.
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      10-02-2020, 09:50 AM   #648
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Picked up the new car last night. There was an issue where the BMWFS system only showed $1000 in incentives, but the programs sheet (and bmwusa.com) showed at least $2000. Took an hour or two to sort that issue out. There was also no documentation anywhere of the lease to lease cash being there for October programs, but we were able to come to an agreement. That's what I get for picking up on the first of the month.

The exhaust appears to crack/pop less than my dad's '20 M340i after driving them back to back last night. The start/stop is insanely smooth, though. Way better than my previous gen 4GC.
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      10-02-2020, 10:09 AM   #649
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Quote:
Originally Posted by jdbimmer View Post
Picked up the new car last night. There was an issue where the BMWFS system only showed $1000 in incentives, but the programs sheet (and bmwusa.com) showed at least $2000. Took an hour or two to sort that issue out. There was also no documentation anywhere of the lease to lease cash being there for October programs, but we were able to come to an agreement. That's what I get for picking up on the first of the month.

The exhaust appears to crack/pop less than my dad's '20 M340i after driving them back to back last night. The start/stop is insanely smooth, though. Way better than my previous gen 4GC.
I had the same issue at my dealer for BMW incentives, also the MF too (not sure if they were playing games with that or not).

What wheels did yours come with? I really like those vs the ones that came on mine.
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      10-02-2020, 10:43 AM   #650
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Quote:
Originally Posted by jdbimmer View Post
Picked up the new car last night. There was an issue where the BMWFS system only showed $1000 in incentives, but the programs sheet (and bmwusa.com) showed at least $2000. Took an hour or two to sort that issue out. There was also no documentation anywhere of the lease to lease cash being there for October programs, but we were able to come to an agreement. That's what I get for picking up on the first of the month.

The exhaust appears to crack/pop less than my dad's '20 M340i after driving them back to back last night. The start/stop is insanely smooth, though. Way better than my previous gen 4GC.
So glad I went with this color and these wheels...excellent choice!
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      10-02-2020, 12:02 PM   #651
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Quote:
Originally Posted by RoyB View Post
I had the same issue at my dealer for BMW incentives, also the MF too (not sure if they were playing games with that or not).

What wheels did yours come with? I really like those vs the ones that came on mine.
They're the 792Ms
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      10-02-2020, 12:26 PM   #652
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Quote:
Originally Posted by RoyB View Post
I had the same issue at my dealer for BMW incentives, also the MF too (not sure if they were playing games with that or not).

What wheels did yours come with? I really like those vs the ones that came on mine.
I had no problem with my CA applying $2k incentive but they took it off the end after tax claiming that the rebate is taxable. But according to the way it reads is credit is applied off of msrp. Somehow I think dealer benefited from this. But whatever, glad my car is finally here and just in time for 2021 incentives.
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      10-02-2020, 01:30 PM   #653
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Quote:
Originally Posted by bokmeipai View Post
I had no problem with my CA applying $2k incentive but they took it off the end after tax claiming that the rebate is taxable. But according to the way it reads is credit is applied off of msrp. Somehow I think dealer benefited from this. But whatever, glad my car is finally here and just in time for 2021 incentives.
Any dealer incentive is always taxed. Any money the dealer gives out of their pocket is not taxed.

For example.

MSRP: $50,000
Dealer discount: $5,000
BMW incentive: $2,000

You would be taxed on $48,000, even though the purchase price would be $43,000.

Also, BMW incentive is actually $2500 if you were getting out of a previous lease. My dealer kept saying $2,000 until I pushed the lease to lease credit and they applied the extra $500 for a total of $2500.
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      10-02-2020, 06:52 PM   #654
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Quote:
Originally Posted by RoyB View Post
Any dealer incentive is always taxed. Any money the dealer gives out of their pocket is not taxed.

For example.

MSRP: $50,000
Dealer discount: $5,000
BMW incentive: $2,000

You would be taxed on $48,000, even though the purchase price would be $43,000.

Also, BMW incentive is actually $2500 if you were getting out of a previous lease. My dealer kept saying $2,000 until I pushed the lease to lease credit and they applied the extra $500 for a total of $2500.
In my state, you're only taxed on the monthly payment, which is inclusive of any discounts from any source. So it's not *always* taxed.
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      10-04-2020, 12:58 PM   #655
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What are you guys looking at in terms of dealer fees? Right now I'm being quoted $400 in gov fees and $699 in dealer fees. I'm all for the dealer making money but not looking to get ripped off either.
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      10-04-2020, 01:12 PM   #656
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What are you guys looking at in terms of dealer fees? Right now I'm being quoted $400 in gov fees and $699 in dealer fees. I'm all for the dealer making money but not looking to get ripped off either.
$699 “doc fees” are average here in GA.
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      10-04-2020, 03:15 PM   #657
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Most states cap the doc fees. In MO it’s $199. My question is, what are the $400 government fees? The licenses?
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      10-04-2020, 08:55 PM   #658
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Hey guys - My 440i lease ends in January...what timeline are we looking at if ordering an M340i from the factory at this point? Seems things have been backed up but hopefully things are a little smoother?
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      10-04-2020, 09:40 PM   #659
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Quote:
Originally Posted by galeface View Post
Hey guys - My 440i lease ends in January...what timeline are we looking at if ordering an M340i from the factory at this point? Seems things have been backed up but hopefully things are a little smoother?
Mine was was 11 weeks, so I would place your order in by the end of this month
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      10-04-2020, 09:48 PM   #660
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Quote:
Originally Posted by galeface View Post
Hey guys - My 440i lease ends in January...what timeline are we looking at if ordering an M340i from the factory at this point? Seems things have been backed up but hopefully things are a little smoother?
One other thing to keep in mind: if you are currently leasing a BMW and have a new BMW on order, you are permitted to extend your lease until the new car arrives.
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