08-10-2020, 08:25 AM | #1 |
Enlisted Member
9
Rep 46
Posts |
Broker focused on finance vs lease
Hi all, noticed that most brokers used here are lease focus. Anyone care to pm me brokers that also do buying thru financing vs lease? I realize the deals are much better via lease, but I need the flex to dump the car at my convenience and don't want to deal with lease transfer, etc. thanks in advance
|
08-15-2020, 04:35 PM | #3 |
///M550i
35
Rep 123
Posts
Drives: 2019 BMW M550i xDrive
Join Date: Jul 2015
Location: Southern California
|
|
Appreciate
0
|
08-15-2020, 06:45 PM | #4 | |
Private
63
Rep 89
Posts
Drives: 2019 M850i First Edition
Join Date: Feb 2020
Location: Atlanta, GA
|
Quote:
I have tried multiple times to work with local dealers, and each time the Broker saved thousands (and in one case 10's of thousands) off of what the local dealers wanted. |
|
Appreciate
1
bforbrian724.00 |
08-15-2020, 10:09 PM | #5 | |
///M550i
35
Rep 123
Posts
Drives: 2019 BMW M550i xDrive
Join Date: Jul 2015
Location: Southern California
|
Quote:
We've found that forging a proper relationship with a salesperson affords us all of those things. |
|
Appreciate
0
|
08-16-2020, 07:57 AM | #6 | |
Private
63
Rep 89
Posts
Drives: 2019 M850i First Edition
Join Date: Feb 2020
Location: Atlanta, GA
|
Quote:
If ANYONE in ATL has a sales relationship where they are getting "forum" level discounts, would welcome an introduction. |
|
Appreciate
0
|
08-16-2020, 09:40 AM | #7 | ||
Enlisted Member
26
Rep 48
Posts |
Quote:
|
||
Appreciate
1
produhktiv63.00 |
08-16-2020, 01:35 PM | #8 | |
///M550i
35
Rep 123
Posts
Drives: 2019 BMW M550i xDrive
Join Date: Jul 2015
Location: Southern California
|
Quote:
So what was the broker's selling price on your ~$140k msrp M850i? |
|
Appreciate
0
|
08-16-2020, 03:52 PM | #9 |
Private
63
Rep 89
Posts
Drives: 2019 M850i First Edition
Join Date: Feb 2020
Location: Atlanta, GA
|
|
Appreciate
0
|
08-18-2020, 06:31 PM | #10 | |
Lieutenant
609
Rep 535
Posts |
Quote:
|
|
Appreciate
0
|
08-23-2020, 05:41 AM | #11 | |
Private
44
Rep 96
Posts |
Quote:
My in laws have no desire of negotiating and they get a better deal that they would otherwise get from the dealership (the broker is a family friend). He does the transaction from beginning to end and brings you the car and all the paperwork. They just swap one lease for another every three years and the broker takes care of extra mileage and any minor use and tear negotiation. The broker always knows what dealership is more aggressive or what it is going on at that time. A lot of the people in our office building uses this broker and even referred him to a few friends and clients, getting always great feedback. If the third party can generate more value than the cost, then, it might make sense. Value might be cheaper than you could get it, not dealing with the whole process, etc. For me, I am a foreigner and I think they will rip me off. My only US dealership experience to check a car (Audi Q8) was not great as they offered a fair price for the trade in but no discount on the new one. I did not buy it as the sales person was not straight forward, plus I am more interested in the X5. Honestly, I was not ready and I did not do my homework, so I assume my part of responsibility. In my case, thinking about getting the X5 by the end of the year, I told the broker what I am looking for and checking posts here that have been fundamental to decide on the X5. I assume majority of the members of this forum would choose DIY as I see people here taking action and messaging several dealers, and negotiating with them. ----- Regarding the main question of this thread, I have also seen brokers more inclined versus the leasing maybe because they have recurring business every three years? Leases have more variables to consider and makes it better to get deals, so client is happy? Also, lease allows to have a relatively new car for the second hand market. Not sure of the correct answer, but a few thoughts cross my mind. |
|
Appreciate
1
Cougar8534.50 |
08-25-2020, 05:10 PM | #12 |
///M550i
35
Rep 123
Posts
Drives: 2019 BMW M550i xDrive
Join Date: Jul 2015
Location: Southern California
|
|
Appreciate
0
|
08-26-2020, 10:59 PM | #13 | ||
Enlisted Member
9
Rep 46
Posts |
Quote:
|
||
Appreciate
0
|
08-27-2020, 06:44 AM | #14 |
Major General
18045
Rep 5,496
Posts
Drives: 23 X7 40i; 23 M3; 24 cooper s
Join Date: Aug 2019
Location: IL
|
Not to hijack your thread, but I'm also intrigued by the idea of going through a broker for my next purchase, if they can get me a better deal. When I was shopping last year in August, I ended up emailing about 21 dealers surrounding the Chicagoland area and was finally able to secure a little over 9% off on my G05 and 10% off on my G20. The entire process took about a week of me being inundated with phone calls and emails, but in the end it wasn't too painful. I didn't build any relationships, I just went with the highest bidder in a large pool of dealers.
I'm curious if a broker can do significantly better than that (or at the very least slightly more of a discount than the broker fee).
__________________
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 |
|
|