02-12-2020, 12:35 PM | #1409 |
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A floor sales-child (guy looked like he was 15 yrs old) told me today that I should wait until March to lease because there will be more dealer incentives then. Has anyone heard of this? It that typical around March? Thanks in advance for answers
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02-12-2020, 03:16 PM | #1410 |
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If he ends up being right, I'd call it a coincidence. I don't think any BMW dealership would know in advance how good a particular month's incentives will be until they are officially released to them. Having said that, I really hope that ends up being the case since I'm picking up my car in March
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02-12-2020, 06:39 PM | #1411 | |
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02-12-2020, 06:49 PM | #1412 | ||
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Current BMWs - '21 M550i Bernina Grey/Black Nappa, '20 X5 sDrive40i xLine Alpine White/Coffee Extended Merino
Past BMWs - '20 740i, '20 X3M, '19 540i M-Sport, '19 440i GC M-Sport, '18 M3 Comp., '18 X5 sDrive35i, '18 340i, '17 X3 sDrive28i, '15 335i xDrive Sport Line, '14 428i Coupe |
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02-13-2020, 11:18 AM | #1414 |
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02-13-2020, 06:55 PM | #1415 | |
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02-13-2020, 06:58 PM | #1416 |
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Actually the same games can be played with the finance rate so don't shy away from leasing due to that alone. The $750 is a conquest incentive and the $2k incentive is for financing the minimum amount (most say $7,500) with BMW finance.
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02-13-2020, 07:00 PM | #1417 |
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The "trickery" can go both ways, financing or leasing. Regardless of which method you choose, your goal is to set a desired discount pre-incentive, and not allow the dealer to try and bundle incentives into your discount to make it seem like you're getting a larger discount than what you actually are.
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ChickinX548.00 |
02-13-2020, 07:31 PM | #1418 |
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Thank you. That is really helpful.
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02-13-2020, 07:40 PM | #1419 | |
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Can not stop looking at other build I did with dealer who tried to cheat me. Production Started. |
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02-14-2020, 07:46 PM | #1420 |
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Friends, let me thank many of you who shared info about how these things work. Finally I inked a deal today for 9% discount before incentives. 10.73% with 1250 of incentives. That is for the lease. I was not able to secure .00142 MF. So I had to go by .00182. I thought for Florida that is almost max of a deal, if not max.
xDrive / xLine Dark Graphite 21 inch run flats Ivory White Vernasca Dark Ash Brown Wood Trim Premium Package 3rd row / Air susp Glass Controls Parking Assistance Plus Harmon Kardon Laser Lights Multi Contour Seats $74,220 - $7,457 - $500. CA said they already have some allocations. Will punch in tomorrow. Fun starts now, again. Last edited by ChickinX5; 02-14-2020 at 08:02 PM.. |
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wtwo317969.50 |
02-15-2020, 04:20 PM | #1422 | |
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They had allocation and I got in. Sorry, could not stop myself from Last edited by ChickinX5; 02-15-2020 at 05:03 PM.. Reason: Removed picture ! |
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TurtleBoy13243.50 |
02-15-2020, 09:31 PM | #1423 | |
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xDrive 40i MSRP 77,170 Discounted price with incentives 67,730 I realize ~10% seems to be the defacto standard for "good deal" but this is a custom order. What's more, I changed my order after my first one was in production and this dealer let me restart the build process as long as I was OK with another 2-4 week wait. When it was all said and done it was only 3 weeks from the start of my new/final order. Very happy about that. Not to mention this dealer is known for great white glove service. For example they'll come pick up your vehicle from home or work to wash it with no extra service contract required. Maybe that's normal but I come from a Chrysler/Jeep world where service is an afterthought. Cheers to all who provided helpful info here. Thank you! |
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02-15-2020, 09:39 PM | #1424 |
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Enjoy your new ride and drive safe! I sent you to the right guy and I am glad you are happy.
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02-16-2020, 12:26 AM | #1425 | ||
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02-16-2020, 05:24 AM | #1426 | |
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02-16-2020, 07:13 PM | #1427 |
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What are you alls thoughts on this? I was inquiring about an order but may have more leverage with one on a lot. Not sure what to do. My wife's lease ends in April.
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02-16-2020, 07:32 PM | #1428 |
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You need a breakdown of the discount/rebates. We don't know what you qualify for, it could be as little as $500 or could be $4K. That makes a huge difference to your discount
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02-16-2020, 07:41 PM | #1429 | |
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02-16-2020, 08:20 PM | #1430 |
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This is a total guesstimate. Assuming rebate totals are $1,750 (loyalty and lease credit), and assuming they're giving you the base 0.00142 money factor, then you're getting about 9% off MSRP before incentives. It's a good discount but you can probably squeeze for 10% which will bring your payment down like $30.
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Past BMWs - '20 740i, '20 X3M, '19 540i M-Sport, '19 440i GC M-Sport, '18 M3 Comp., '18 X5 sDrive35i, '18 340i, '17 X3 sDrive28i, '15 335i xDrive Sport Line, '14 428i Coupe |
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