Quote:
Originally Posted by kmarei
Can some one help me figure out how much percentage I got off?
My car had a MSRP of $68,995 including the $995 destination fee
The discount was $6,895 plus $2000 for bmw financing and $1250 loyalty discount (traded in a 2011 X3)
Plus they took an extra $500 off as we had agreed on a trade in of $7000 on the X3 but then upper management said only $6,500 so my salesman took the extra $500 off the car to stick to the original offer
So the total discount from the msrp of 68,995 is $10,645
Does that mean the total discount off MSRP is about 15.4%?
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Your discount was about 10.7% ((6895 + 500)/68995) before incentives. With incentives you got around 15.4% ((7395 + 2000 + 1250)/68,995) below MSRP.