MSRP discount - new thread!

finkste · 01-02-2022, 12:05 PM

Ordered a 45e last week. MSRP minus Loyalty ($1000) and Drive for Hunger ($1000). I worked with nearly every dealer in Chicagoland - all held at MSRP, some were MSRP + a upcharge.

Ended up going with Laurel BMW in Westmont bc the SA was fantastic.

duercos · 01-02-2022, 05:28 PM

I'm in NJ and can do MSRP on cars in stock or order.

davekile · 01-02-2022, 08:37 PM

Ordered on Wednesday only could only get MSRP. I felt okay with that. A friend got KIA Telluride three weeks ago and paid +5k over MSRP.

TeeBee8 · 01-03-2022, 02:16 AM

If you’re looking to lease, you might want to check out Leasehackr.
I also negotiated with several dealers here in NorCal and all are selling at msrp plus a marked up money factor.

Finally found a great broker last week and put in my order at 4.5% off msrp plus base MF.

beegee227 · 01-03-2022, 10:55 PM

Quote:

Originally Posted by TeeBee8

If you’re looking to lease, you might want to check out Leasehackr.
I also negotiated with several dealers here in NorCal and all are selling at msrp plus a marked up money factor.

Finally found a great broker last week and put in my order at 4.5% off msrp plus base MF.

can you share the contact info of that broker? I visit LH as well and there are so many brokers on there, it would be nice to get a referral to a good one.

TeeBee8 · 01-04-2022, 02:19 AM

Absolutely! Their name is Clutch:
https://forum.leasehackr.com/t/clutc...-4-5/376192/31

Current deals:
https://docs.google.com/spreadsheets...NscjGQFco/edit

And I hear you. I had also been researching and reading through several threads and brokers for months on LH until I finally pulled the trigger a week ago. Unfortunately a bit too late to avoid the Feb price increase (going into production week 5), but in this crazy market, this was by far the best deal compared to what dealers were willing to quote.

As said, currently waiting for production, but so far the overall process with them and the dealership has been super smooth and quick. Definitely recommend reaching out to them as I believe they still had a few allocations last week.

Good luck!

duercos · 01-04-2022, 11:35 AM

Quote:

Originally Posted by TeeBee8

Absolutely! Their name is Clutch:
https://forum.leasehackr.com/t/clutc...-4-5/376192/31

Current deals:
https://docs.google.com/spreadsheets...NscjGQFco/edit

And I hear you. I had also been researching and reading through several threads and brokers for months on LH until I finally pulled the trigger a week ago. Unfortunately a bit too late to avoid the Feb price increase (going into production week 5), but in this crazy market, this was by far the best deal compared to what dealers were willing to quote.

As said, currently waiting for production, but so far the overall process with them and the dealership has been super smooth and quick. Definitely recommend reaching out to them as I believe they still had a few allocations last week.

Good luck!

Just used their LH calculator for a sample X7 deal and it doesn't make sense tbh, the payments are higher than they should be. Unless I am doing something wrong..

TeeBee8 · 01-04-2022, 01:10 PM

Quote:

Originally Posted by duercos

Just used their LH calculator for a sample X7 deal and it doesn't make sense tbh, the payments are higher than they should be. Unless I am doing something wrong..

Yeah, with those financing prob makes more sense. From what I’ve read across the board is, that they’re generally not great to lease from a financial standpoint. Similarly the Q8. Unless of course, you get an aggressive discount.

soldes · 01-04-2022, 01:57 PM

Quote:

Originally Posted by duercos

Just used their LH calculator for a sample X7 deal and it doesn't make sense tbh, the payments are higher than they should be. Unless I am doing something wrong..

A few years ago, BMW was leasing 75% of the cars that got sold; they decided that was not good for the company to have all those lease returns and bumped up the numbers in their favor. Fast forward to today, and they not only have push up the money factor upwards more; but the dealers also can tweak those numbers, to get a monthly piece of that action for themselves. In today's market as a result, when you compare leasing a BMW vs Buying, the scale tilts dramatically in favor of the latter.

duercos · 01-04-2022, 02:07 PM

Quote:

Originally Posted by soldes

Quote:

Originally Posted by duercos

Just used their LH calculator for a sample X7 deal and it doesn't make sense tbh, the payments are higher than they should be. Unless I am doing something wrong..

A few years ago, BMW was leasing 75% of the cars that got sold; they decided that was not good for the company to have all those lease returns and bumped up the numbers in their favor. Fast forward to today, and they not only have push up the money factor upwards more; but the dealers also can tweak those numbers, to get a monthly piece of that action for themselves. In today's market as a result, when you compare leasing a BMW vs Buying, the scale tilts dramatically in favor of the latter.

I understand the idea, but I work for a BMW dealer myself now and the LH numbers were higher than in my system?
I personally still prefer leasing my cars as I tend to beat on them for 3 years and just give back. This year is special and I was able to pull some equity instead of just returning my cars lol.

TeeBee8 · 01-04-2022, 04:09 PM

Quote:

Originally Posted by duercos

I understand the idea, but I work for a BMW dealer myself now and the LH numbers were higher than in my system?
I personally still prefer leasing my cars as I tend to beat on them for 3 years and just give back. This year is special and I was able to pull some equity instead of just returning my cars lol.

Plus 1 on the equity this time around.

But #s were higher for you on the X5 as well? Maybe it’s just in California, but I hadn’t seen any dealers thus far who were willing to discount the X5 at 4.5% plus base MF. (sadly still coming to terms with the fact that such a deal is is a win #shortage)

duercos · 01-04-2022, 04:21 PM

Quote:

Originally Posted by TeeBee8

Quote:

Originally Posted by duercos

I understand the idea, but I work for a BMW dealer myself now and the LH numbers were higher than in my system?
I personally still prefer leasing my cars as I tend to beat on them for 3 years and just give back. This year is special and I was able to pull some equity instead of just returning my cars lol.

Plus 1 on the equity this time around.

But #s were higher for you on the X5 as well? Maybe it’s just in California, but I hadn’t seen any dealers thus far who were willing to discount the X5 at 4.5% plus base MF. (sadly still coming to terms with the fact that such a deal is is a win #shortage)

I was paying $650 for my 2018 demo X6 73k msrp. Now same car is $1100+
I went with the 540 this time and paying the same price with the employee discount 🤦🏻*♂️

duercos · 01-04-2022, 04:23 PM

Quote:

Originally Posted by TeeBee8

Quote:

Originally Posted by duercos

I understand the idea, but I work for a BMW dealer myself now and the LH numbers were higher than in my system?
I personally still prefer leasing my cars as I tend to beat on them for 3 years and just give back. This year is special and I was able to pull some equity instead of just returning my cars lol.

Plus 1 on the equity this time around.

But #s were higher for you on the X5 as well? Maybe it’s just in California, but I hadn’t seen any dealers thus far who were willing to discount the X5 at 4.5% plus base MF. (sadly still coming to terms with the fact that such a deal is is a win #shortage)

If you can find an X5,X7,X7 at MSRP with the buy rate-go for it..

Bmwjay85 · 01-08-2022, 09:29 AM

Anyone have success with discount off msrp yet? Found some brokers at 4% off. Looking for more. They pumping out X5’s now with build time at like 4-5 weeks

ravinxd · 01-08-2022, 09:41 AM

Quote:

Originally Posted by cltx5

What tips to get below MSRP on an X5 order? The ones I called locally just say MSRP or say they charge dealer installed accessories like nitrogen air or a market adjustment...

Best is to leverage your relationship (ie - have bought a couple of cars), and as another said (be nice) - also patient and not seem like you're dying to buy it. They said they wanted to keep me as a happy customer and offered $3,000 off MSRP + 0 add ons + all rebates back in my pocket (this was my 3rd car from them). I consider it pretty good, given the times.

S_McTowelie · 01-08-2022, 10:13 AM

Quote:

Originally Posted by Bmwjay85

Anyone have success with discount off msrp yet? Found some brokers at 4% off. Looking for more. They pumping out X5's now with build time at like 4-5 weeks

I got 6% off MSRP plus the PenFed rebate. Ordered car mid-October; picked it up early December. No prior relationship with dealer or BMW. X5 M50i. Had to buy in Wisconsin as the dealers in Twin Cities were only selling at MSRP.

Bmwjay85 · 01-08-2022, 11:01 AM

Can you pm your sales associate
Appreciate it

S_McTowelie · 01-08-2022, 11:16 AM

Quote:

Originally Posted by Bmwjay85

Can you pm your sales associate
Appreciate it

Sent you message. Good luck with purchase.

JD_WOOD · 01-08-2022, 01:53 PM

What are folks seeing in late 21', early 22'? I got 3.5% of MSRP on a loaded X5 40i. They gave me $20K for my F15 (2014) X5 M-sport so that made the numbers look decent.

yanger24 · 01-08-2022, 02:41 PM

Quote:

Originally Posted by S_McTowelie

Quote:

Originally Posted by Bmwjay85

Anyone have success with discount off msrp yet? Found some brokers at 4% off. Looking for more. They pumping out X5's now with build time at like 4-5 weeks

I got 6% off MSRP plus the PenFed rebate. Ordered car mid-October; picked it up early December. No prior relationship with dealer or BMW. X5 M50i. Had to buy in Wisconsin as the dealers in Twin Cities were only selling at MSRP.

Located in twin cities also. No local dealers willing to deal. I got 6% plus $2500 in Rochester this Fall on 22 45e. Dealership experience was less than ideal but the savings was worth the short drive.

duercos · 01-08-2022, 04:30 PM

Quote:

Originally Posted by Bmwjay85

Anyone have success with discount off msrp yet? Found some brokers at 4% off. Looking for more. They pumping out X5's now with build time at like 4-5 weeks

Ordered one for my friend last month and it came in 3 weeks.

jiggie · 01-08-2022, 05:12 PM

Quote:

Originally Posted by S_McTowelie

I got 6% off MSRP plus the PenFed rebate. Ordered car mid-October; picked it up early December. No prior relationship with dealer or BMW. X5 M50i. Had to buy in Wisconsin as the dealers in Twin Cities were only selling at MSRP.

If you have a Costco Membership, they're offering -$750 off down in Rochester (I think Park Place?)

01-02-2022, 12:05 PM	#397
finkste Enlisted Member 33 Rep 49 Posts Drives: 2022 X5 45e, 2023 X5 45e Join Date: Sep 2021 Location: Chicago iTrader: (0)	Ordered a 45e last week. MSRP minus Loyalty ($1000) and Drive for Hunger ($1000). I worked with nearly every dealer in Chicagoland - all held at MSRP, some were MSRP + a upcharge. Ended up going with Laurel BMW in Westmont bc the SA was fantastic.
	Appreciate 1 fanofbmwe462102.50 Quote

01-02-2022, 05:28 PM	#398
duercos Lieutenant 201 Rep 413 Posts Drives: F36>F16>G30 Join Date: Oct 2016 Location: Hillsborough, NJ iTrader: (0)	I'm in NJ and can do MSRP on cars in stock or order.
	Appreciate 0 Quote

01-02-2022, 08:37 PM	#399
davekile Enlisted Member 23 Rep 38 Posts Drives: BMW 430 Join Date: Dec 2021 Location: MD iTrader: (0)	Ordered on Wednesday only could only get MSRP. I felt okay with that. A friend got KIA Telluride three weeks ago and paid +5k over MSRP. __________________ Current '22 X5 '17 430ix - Past BMWs '13 535ix, 09 535ix, '05 530ix, '02 530i
	Appreciate 0 Quote

01-03-2022, 02:16 AM	#400
TeeBee8 New Member 7 Rep 19 Posts Drives: G20 • G05 X5 Join Date: Sep 2021 Location: CA iTrader: (0)	If you’re looking to lease, you might want to check out Leasehackr. I also negotiated with several dealers here in NorCal and all are selling at msrp plus a marked up money factor. Finally found a great broker last week and put in my order at 4.5% off msrp plus base MF.
	Appreciate 0 Quote

01-04-2022, 02:19 AM	#402
TeeBee8 New Member 7 Rep 19 Posts Drives: G20 • G05 X5 Join Date: Sep 2021 Location: CA iTrader: (0)	Absolutely! Their name is Clutch: https://forum.leasehackr.com/t/clutc...-4-5/376192/31 Current deals: https://docs.google.com/spreadsheets...NscjGQFco/edit And I hear you. I had also been researching and reading through several threads and brokers for months on LH until I finally pulled the trigger a week ago. Unfortunately a bit too late to avoid the Feb price increase (going into production week 5), but in this crazy market, this was by far the best deal compared to what dealers were willing to quote. As said, currently waiting for production, but so far the overall process with them and the dealership has been super smooth and quick. Definitely recommend reaching out to them as I believe they still had a few allocations last week. Good luck!
	Appreciate 0 Quote

01-08-2022, 09:29 AM	#410
Bmwjay85 Enlisted Member 14 Rep 41 Posts Drives: Bmw x5 Join Date: Apr 2017 Location: Ny iTrader: (0)	Anyone have success with discount off msrp yet? Found some brokers at 4% off. Looking for more. They pumping out X5’s now with build time at like 4-5 weeks
	Appreciate 0 Quote

01-08-2022, 11:01 AM	#413
Bmwjay85 Enlisted Member 14 Rep 41 Posts Drives: Bmw x5 Join Date: Apr 2017 Location: Ny iTrader: (0)	Can you pm your sales associate Appreciate it
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01-08-2022, 01:53 PM	#415
JD_WOOD New Member 24 Rep 14 Posts Drives: 22' BMW X5 40i (G05) Join Date: Jan 2022 Location: TX iTrader: (0) Garage List 2015 BMW X5 535i [0.00] 2022 BMW X5 40i [0.00]	What are folks seeing in late 21', early 22'? I got 3.5% of MSRP on a loaded X5 40i. They gave me $20K for my F15 (2014) X5 M-sport so that made the numbers look decent.
	Appreciate 0 Quote