05-08-2019, 12:08 PM | #133 |
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10% off before incentives is doable Do not let yourself be fooled
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05-08-2019, 01:06 PM | #135 |
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Well I can get 11% off MSRP from my dealer, there's no incentive since I don't qualify for non bmw owner. 11% off includes dealer rebate only available at this particular dealer. Should I order?
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05-08-2019, 01:35 PM | #136 |
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If you're financing or leasing that's probably the BMW incentive disguised as a dealer incentive
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05-08-2019, 01:57 PM | #137 | |
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For example, I have the Corporate Sales Program through my employer, right now 3-series are $2,750 off. Do these incentives not hurt the dealership? Ie why not just ask for 13% off MSRP straight up, or are are there other factors in play? |
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05-08-2019, 02:17 PM | #138 |
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05-09-2019, 05:32 AM | #139 |
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I am now being told that the MF is .00217 as Prime is now 5.2%
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05-09-2019, 09:21 AM | #140 |
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best i've been able to do is 10% WITH incentives (have 340i 2016 about to go back)
i'm not paying 38% more a month for a m340i, going to have to be 10% PLUS incentives or i'll get something else.
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05-09-2019, 09:38 AM | #141 |
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I had a lease worksheet prepared this week, and asked for a revision yesterday, so I can let you know if that changed for mine. But I haven't heard of MF's changing in the middle of a month, since this is a core component to the monthly leasing programs is the MF (which are released/finalized usually on the 1st of each month).
Then walk away to a different dealer. Or try working with a dealer out of state and giving their lease worksheet to the one you're working with so they'll match. |
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05-09-2019, 10:29 AM | #142 | |
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05-09-2019, 10:58 AM | #143 |
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I am thinking of holding out for a Demo I ran the numbers and need at least 12% before incentives for a $60k MSRP to be around $600 with drive offs rolled in. Don't feel comfortable paying more than that for a non M.
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05-09-2019, 11:26 AM | #144 |
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05-09-2019, 12:14 PM | #145 |
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This doesn't make any sense. A MF hike barely 9 days into the month of May. Do you have this in writing
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05-09-2019, 12:17 PM | #146 | |
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05-09-2019, 12:20 PM | #147 | |
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05-09-2019, 12:41 PM | #148 |
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05-09-2019, 12:45 PM | #149 |
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Thanks for clearing that up Jason , it sounded sketch to begin with.
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05-09-2019, 01:48 PM | #150 |
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Yes, I have this in writing from BMW of Annapolis. I was told that the MF on the 2020 340xdrive is .00217. This corresponds to an interest rate of 5.2% which is the current prime interest rate. I have a credit score of 804.
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05-09-2019, 01:55 PM | #151 |
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Time for a new dealer. I see you are in the DC area. PM me if you want a better recommendation.
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05-09-2019, 02:03 PM | #152 |
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Where do I get confirmation on the MF rate? Seems as though this is a standard rate that does not change frequently. Other than your sales associate, how do you find this information?
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05-09-2019, 02:41 PM | #153 |
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It's not posted explicitly anywhere. You basically have to rely on places like these forums. It's possible to also reverse engineer/confirm the MF by reading the fine print on BWMUSA's lease and finance offers section.
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05-09-2019, 02:47 PM | #154 |
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