11-26-2019, 02:58 PM | #1 |
Lieutenant
157
Rep 533
Posts |
2019 330i Loaner Deal
Just wanted to get an opinion overall. 2019 330i MSRP = $46,760.00
Selling Price = $36,637.00 Loaner with 4300 miles on it. I know more goes into the pricing but this is just a preliminary negotiation. 36/15k a year $2800 = MSD $195 = Out of pocket payment Total out of pocket at dealer = $2995 Monthly payment = $393 including tax Any good? Last edited by 19G20; 11-26-2019 at 03:24 PM.. |
11-26-2019, 03:22 PM | #3 |
Major General
18068
Rep 5,497
Posts
Drives: 23 X7 40i; 23 M3; 24 cooper s
Join Date: Aug 2019
Location: IL
|
What's the sale price?
|
Appreciate
0
|
11-26-2019, 04:32 PM | #8 |
Major General
18068
Rep 5,497
Posts
Drives: 23 X7 40i; 23 M3; 24 cooper s
Join Date: Aug 2019
Location: IL
|
I was gonna say... a little surprised by other's reactions on here. I think it's a pretty good deal. You're getting over 21% off MSRP, doesn't look like they're inflating money factor and monthly payment seems to be in line.
__________________
2023 BMW X7 xDrive40i
2023 BMW M3 6MT 2024 Mini Cooper S Convertible '20 BMW m340i... '20 BMW X5 40i... '16 Infiniti Q50 RS 400... '10 Lexus RX 350... '08 Lexus IS 350... '00 Nissan Maxima... '93 Nissan Maxima |
Appreciate
0
|
11-26-2019, 10:20 PM | #11 | |
Major
1638
Rep 1,005
Posts |
Quote:
|
|
Appreciate
0
|
11-27-2019, 06:32 AM | #12 |
Major General
18068
Rep 5,497
Posts
Drives: 23 X7 40i; 23 M3; 24 cooper s
Join Date: Aug 2019
Location: IL
|
Right.... but that's why he's getting 21% off. If it had 0 miles on it then 10% is the standard "good" deal.
Look at it this way, 58% is the residual at 15k miles per year. Understanding that depreciation is inversely logarithmic, for the purposes of this, since residual is pre-determined, we can use a linear calculation. So with that assumption, this means every 1,071 miles, the car depreciates 1%. At 4,300 miles, the car will have depreciated just over 4%. However he's getting an additional 11% off on top of the standard good deal of 10%. Typically with a BMW loaner, people (people being the leasehackr community) advise to target 15-16% off for a good deal.
__________________
2023 BMW X7 xDrive40i
2023 BMW M3 6MT 2024 Mini Cooper S Convertible '20 BMW m340i... '20 BMW X5 40i... '16 Infiniti Q50 RS 400... '10 Lexus RX 350... '08 Lexus IS 350... '00 Nissan Maxima... '93 Nissan Maxima |
Appreciate
0
|
11-27-2019, 02:32 PM | #13 |
Lieutenant
157
Rep 533
Posts |
|
Appreciate
0
|
11-27-2019, 02:39 PM | #14 | |
Lieutenant
157
Rep 533
Posts |
Quote:
I came from an Infiniti 2016 Infiniti Q50 Silver Sport. It did the job and was fast for what it was. |
|
Appreciate
0
|
11-27-2019, 03:15 PM | #15 | |
Major General
18068
Rep 5,497
Posts
Drives: 23 X7 40i; 23 M3; 24 cooper s
Join Date: Aug 2019
Location: IL
|
Quote:
But by far the biggest upgrade, which I'm sure you'll notice as well, is the infotainment system. The Infiniti had basically the same system for over a decade, and I didn't truly realize how outdated and laggy it was until I hopped back into my Infiniti as I was selling it after having taken delivery of my M340.
__________________
2023 BMW X7 xDrive40i
2023 BMW M3 6MT 2024 Mini Cooper S Convertible '20 BMW m340i... '20 BMW X5 40i... '16 Infiniti Q50 RS 400... '10 Lexus RX 350... '08 Lexus IS 350... '00 Nissan Maxima... '93 Nissan Maxima |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|