Damaged Brand NEW 2020 How much % OFF?

paul325740 · 12-25-2019, 08:09 PM

I've found on 2020 x5M50i that I want, But it has a damaged from customer took for a test drive and park too close to the side walk and pull the bumper out. the paint job look good but when I went to test drive. Parking assist still not function because they are waiting for parts. They offer right away at 10% off MSRP. what do you guys think. I never in this situation with brand new car before.

thank you

VTENGR · 12-25-2019, 09:36 PM

Quote:

Originally Posted by paul325740

I've found on 2020 x5M50i that I want, But it has a damaged from customer took for a test drive and park too close to the side walk and pull the bumper out. the paint job look good but when I went to test drive. Parking assist still not function because they are waiting for parts. They offer right away at 10% off MSRP. what do you guys think. I never in this situation with brand new car before.

thank you

Many people on here have gotten 10%+ off custom orders. With that info I would imagine you should get much higher than that BEFORE incentives.

thereef510 · 12-25-2019, 11:19 PM

i wouldn't buy a car like that for less than 30% off before incentives. Some cars on my local dealer's lot had a 25% off sticker without any damage so I'd at least want 30 before I'd consider getting it. They have to move that unit, they know it. There's no reason for you to have to settle for a brand new vehicle with an issue like that right off the top without some giant incentive in your favor.

Wxnatscaps · 12-25-2019, 11:35 PM

Quote:

Originally Posted by thereef510

i wouldn't buy a car like that for less than 30% off before incentives. Some cars on my local dealer's lot had a 25% off sticker without any damage so I'd at least want 30 before I'd consider getting it. They have to move that unit, they know it. There's no reason for you to have to settle for a brand new vehicle with an issue like that right off the top without some giant incentive in your favor.

I couldn't agree more. Especially with it being the end of the month AND end of the year.

paul325740 · 12-26-2019, 12:07 AM

I will counter them back at 30% and will ask to see all repair invoices. they show the car fax with " Minor damage front right "

AEC · 12-26-2019, 11:50 AM

Let us know what they say. I don’t know, but I think they may balk at giving an additional $20,000 discount for what sounds like a minor accident that can be repaired.

arciga18 · 12-26-2019, 12:37 PM

I agree with you that they will balk. They will bet on another buy taking the car because of the great discount on a 2020.

My counter to your statement is how much would they offer on trade if you brought the car in with "minor damage" on the car fax. What is the delta that they would want the buyer to eat.

karateboi87 · 12-26-2019, 12:46 PM

Quote:

Originally Posted by arciga18

I agree with you that they will balk. They will bet on another buy taking the car because of the great discount on a 2020.

My counter to your statement is how much would they offer on trade if you brought the car in with "minor damage" on the car fax. What is the delta that they would want the buyer to eat.

That argument won't work because at the end of the day, it's what sells.

I tried the same type of argument for demo loaners before, it's very difficult to actually get a deal on it. I can easily negotiate for a new car to the same discount. They will just leave the car in demo status and eventually find some buyer who has no idea he could get 10% off MSRP on brand new, and find the 8-10% discount on a demo to be a great deal. I suspect they will do the same with a damaged vehicle. They already got insurance money for it so they're not taking a hit.

arciga18 · 12-26-2019, 12:50 PM

Quote:

Originally Posted by karateboi87

Quote:

Originally Posted by arciga18

I agree with you that they will balk. They will bet on another buy taking the car because of the great discount on a 2020.

My counter to your statement is how much would they offer on trade if you brought the car in with "minor damage" on the car fax. What is the delta that they would want the buyer to eat.

That argument won't work because at the end of the day, it's what sells.

I tried the same type of argument for demo loaners before, it's very difficult to actually get a deal on it. I can easily negotiate for a new car to the same discount. They will just leave the car in demo status and eventually find some buyer who has no idea he could get 10% off MSRP on brand new, and find the 8-10% discount on a demo to be a great deal. I suspect they will do the same with a damaged vehicle. They already got insurance money for it so they're not taking a hit.

I could have been more clear , but I think we are saying the exact same thing.

My comments about the trade were directed at the OP if the roles were reveresed. how much negative equity the OP would be forced to Eat if he tried trading that car in with the minor damage.

I never implied that that dealer would discount the car more because of the damage.

The poster above me seems to imply that it doesn't matter if there was damage and it was fixed. That's how I read it .

AEC · 12-26-2019, 12:51 PM

Most buyers aren’t like the people on this forum. They have no idea what other people are getting as a discount. Also, many people couldn’t care less if the car had a minor accident that was repaired. If I were the dealer, I’d sell the car to one of those people rather than taking a bath on the deal.

karateboi87 · 12-26-2019, 12:57 PM

Quote:

Originally Posted by arciga18

I could have been more clear , but I think we are saying the exact same thing.

My comments about the trade were directed at the OP if the roles were reveresed. how much negative equity the OP would be forced to Eat if he tried trading that car in with the minor damage.

I never implied that that dealer would discount the car more because of the damage.

The poster above me seems to imply that it doesn't matter if there was damage and it was fixed. That's how I read it .

Understood. Yea we're on the same page

karateboi87 · 12-26-2019, 12:59 PM

Quote:

Originally Posted by AEC

Most buyers aren’t like the people on this forum. They have no idea what other people are getting as a discount. Also, many people couldn’t care less if the car had a minor accident that was repaired. If I were the dealer, I’d sell the car to one of those people rather than taking a bath on the deal.

Yea, bottom line is dealers will sell at whatever price they can. I'd assume most dealers on average end up like 5% off MSRP when all factored in so they make money both on back end and on each sale.

In all honesty, in a perfect world I would be ok paying that average amount if manufacturers didn't have so much "game" in these things. Most of us aren't trying to starve dealerships to death, we just hate the idea of paying more for the exact same product

arciga18 · 12-26-2019, 12:59 PM

Quote:

Originally Posted by AEC

Most buyers aren’t like the people on this forum. They have no idea what other people are getting as a discount. Also, many people couldn’t care less if the car had a minor accident that was repaired. If I were the dealer, I’d sell the car to one of those people rather than taking a bath on the deal.

Yep agreed.

It is almost comical watching their eyes when they realize you know where the numbers are going .

mrjoed2 · 12-26-2019, 05:47 PM

Do not bite, that is no deal. I got 11% off list on a custom order before incentives. Tell them at least 25%. That damage will stay on your carfax for as long as you own it. If your leasing - that's a different story.

Pictor · 12-26-2019, 06:40 PM

Move along and order what you want. Depending on your location you may be able to get 10% off before incentives as already stated. Although, in other areas you may be closer to 6% off MSRP on a new and undamaged built to order vehicle.

I highly doubt any dealer in the US will offer 25% off on a 2020 that's been damaged unless it's a car that the dealer is not going to repair.

12-25-2019, 08:09 PM	#1
paul325740 Private First Class 55 Rep 114 Posts Drives: X5 and 7 Join Date: Jul 2006 Location: USA iTrader: (0)	Damaged Brand NEW 2020 How much % OFF? I've found on 2020 x5M50i that I want, But it has a damaged from customer took for a test drive and park too close to the side walk and pull the bumper out. the paint job look good but when I went to test drive. Parking assist still not function because they are waiting for parts. They offer right away at 10% off MSRP. what do you guys think. I never in this situation with brand new car before. thank you
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12-25-2019, 11:19 PM	#3
thereef510 Lieutenant Colonel 1165 Rep 1,778 Posts Drives: '16 X5 35i, '20 X5 40i Join Date: Apr 2019 Location: Tennessee iTrader: (0)	i wouldn't buy a car like that for less than 30% off before incentives. Some cars on my local dealer's lot had a 25% off sticker without any damage so I'd at least want 30 before I'd consider getting it. They have to move that unit, they know it. There's no reason for you to have to settle for a brand new vehicle with an issue like that right off the top without some giant incentive in your favor.
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12-26-2019, 12:07 AM	#5
paul325740 Private First Class 55 Rep 114 Posts Drives: X5 and 7 Join Date: Jul 2006 Location: USA iTrader: (0)	I will counter them back at 30% and will ask to see all repair invoices. they show the car fax with " Minor damage front right "
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12-26-2019, 11:50 AM	#6
AEC Lieutenant 119 Rep 402 Posts Drives: 2020 X5 xDrive 40i M Sport Join Date: Mar 2008 Location: MN iTrader: (0)	Let us know what they say. I don’t know, but I think they may balk at giving an additional $20,000 discount for what sounds like a minor accident that can be repaired.
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12-26-2019, 12:37 PM	#7
arciga18 Brigadier General 1729 Rep 3,654 Posts Drives: LeMans/ Chestnut E90, RWD Join Date: Apr 2012 Location: Chicago iTrader: (3)	I agree with you that they will balk. They will bet on another buy taking the car because of the great discount on a 2020. My counter to your statement is how much would they offer on trade if you brought the car in with "minor damage" on the car fax. What is the delta that they would want the buyer to eat.
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12-26-2019, 12:51 PM	#10
AEC Lieutenant 119 Rep 402 Posts Drives: 2020 X5 xDrive 40i M Sport Join Date: Mar 2008 Location: MN iTrader: (0)	Most buyers aren’t like the people on this forum. They have no idea what other people are getting as a discount. Also, many people couldn’t care less if the car had a minor accident that was repaired. If I were the dealer, I’d sell the car to one of those people rather than taking a bath on the deal.
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12-26-2019, 05:47 PM	#14
mrjoed2 Banned 210 Rep 715 Posts Drives: '14 650 M Sport Edition Join Date: May 2012 Location: Florida iTrader: (0)	Do not bite, that is no deal. I got 11% off list on a custom order before incentives. Tell them at least 25%. That damage will stay on your carfax for as long as you own it. If your leasing - that's a different story.
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12-26-2019, 06:40 PM	#15
Pictor Major 1647 Rep 1,454 Posts Drives: 2023 iX xDrive50 Join Date: Nov 2011 Location: Seattle iTrader: (0) Garage List 2023 BMW iX xDrive50 [0.00] 2020 BMW M850i [0.00]	Move along and order what you want. Depending on your location you may be able to get 10% off before incentives as already stated. Although, in other areas you may be closer to 6% off MSRP on a new and undamaged built to order vehicle. I highly doubt any dealer in the US will offer 25% off on a 2020 that's been damaged unless it's a car that the dealer is not going to repair.
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