Quote:
Originally Posted by TK421BMW
All - Haggling with dealer now over e-mail. Trying to understand what discounts to expect. Lots of talk of 4-7% off but can't clearly tell if that's just dealer discount, and then there's another $2k off for BMWFS, $1k Loyalty. Or is that 7% with everything. Please help!  |
The way I did mine was a percent off MSRP not including any incentives (incentives always are on top of your best deal as they affect the dealer in no way, that is a kick in from BMWFS and not part of their profit.
So take MSRP + destination and then figure out what you need (markup is about 7.5%) so if the car is 70k and you want 7% off, then 4900 off and total you would be asking to pay is $65100 before taxes and paperwork fees etc, then take off the incentive whatever it is - it was $1000 in my area, so I would be asking for 64100 with the incentive + tax, title and doc fees which vary state to state dealer to dealer.
I would also be asking for the rate lease or loan and ensuring they are not marking that up beyond the .00182 MF or 2.89% on a loan.