10-10-2019, 08:02 AM | #375 | |
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10-10-2019, 10:06 PM | #376 | |
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Hi, could you please tell me the dealer's name? Thanks |
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10-11-2019, 08:42 AM | #377 |
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Here in San Francisco Bay Area it's hard to get below 9-10%. I was able to get 8.5% off msrp plus 4K in incentives. Had to shop around a bit
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10-12-2019, 06:03 PM | #378 |
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10-12-2019, 06:16 PM | #379 |
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10-12-2019, 07:20 PM | #380 |
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I bought it so I have a loan. It was Fremont Bmw
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10-22-2019, 08:48 AM | #383 | |
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Dealer fees, mileage, years (to know residual), MF, DAS. Also suggest not putting anything down and do MSDs.
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10-22-2019, 11:44 AM | #384 |
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From reading other quotes and looking at some of offers given to me, its pretty good. i had a 2000 down and a similar monthly payment (580 tax included) for a 59k car
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10-22-2019, 11:46 AM | #385 |
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10-22-2019, 01:10 PM | #386 |
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10-22-2019, 08:22 PM | #387 |
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MSDs or multiple security deposits are deposits you can make (usually your monthly payment rounded up to the nearest $50) that reduce your MF which is pretty much your interest rate for the lease. Each deposit you put down will get you a certain amount of MF reduction saving you money on the lease so you can make 1 deposit up to 7 deposits. The MSDs are due at the time of lease signing along with any other down payment being made. At the end of the lease you get the MSDs you put down back.
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10-22-2019, 09:22 PM | #388 | ||
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10-23-2019, 12:49 AM | #389 |
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Seems like a solid deal. Some folks were suggesting that the MF could possibly drop in November.
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01-28-2020, 04:31 PM | #391 |
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M340i Deal
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I am helping my Brother in law negotiate on a 2020 BMW M340i located in Dallas, TX. He plans to finance. I offered 10 percent off MSRP plus incentives but the salesperson came back with saying that their margin on these cars are at 6%. Looking around the forum I noticed before 2020 buyers were getting 8 to 11 percent off MSRP. Is this still the case now? Thanks in advance for any answers. |
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01-28-2020, 04:35 PM | #392 |
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The salesperson coming back and saying their margin is 6% is just a sales tactic to quickly dissipate any attempts of negotiation beyond that.
Invoice pricing is more like 8%, plus there is typically a 1-2% in dealer "holdback" cash. The best way to negotiate this would be to involve multiple dealers and get them to bid on your business. You should still be able to achieve anywhere between 8-12% off pre-incentive.
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01-28-2020, 04:37 PM | #393 | |
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01-28-2020, 06:18 PM | #394 |
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No idea about the M340i. But a few days ago, I asked for 10% off a 2020 M550i and the dealer here agreed without saying anything back. So I’m sure some more discount is easily possible on that car.
Like wtwo3 said, shop around. Don’t stick to one dealer. You don’t need to go in. Email them and ask for the best offer.
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02-01-2020, 05:35 PM | #395 |
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i got 8 something + incentives on an ordered car. So yeah they can definitely do better than 6. In LA i've heard for a lot car 10% should be doable, the dealer I went to said they'd do that if I took one off the lot. Not sure where you are in CA.
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02-02-2020, 08:55 AM | #396 | |
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