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      10-26-2020, 10:50 AM   #2047
Chetak
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Originally Posted by moodyhank82 View Post
And in case you are not familiar with MSDs, they are fully refundable. So in this case more than $5k paid due at signing for MSDs will be refunded at the end of the lease...
Now I got what I missed..MSDs ..I have no clue on this...I did all the math around to understand lease payments and MFs .. Good to know about agents for lease negotiations ..
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      10-26-2020, 12:19 PM   #2048
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Originally Posted by moodyhank82 View Post
And in case you are not familiar with MSDs, they are fully refundable. So in this case more than $5k paid due at signing for MSDs will be refunded at the end of the lease...
Yes, I will be making 7x$850 ($5,950) MSD payments at lease inception, which is fully refundable on lease turn in. This saves ~$40/month!

Last edited by DBLDNon11; 10-27-2020 at 07:32 AM..
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      10-26-2020, 09:48 PM   #2049
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MSDs can also be rolled over. So the combined monthly savings will eventually "make back" your full MSDs over multiple leases. MSDs are a great "investment".

By CLT, are you referring to Charlotte? The great thing about that is you can pretty much get a deal from anywhere in the the country and do a PCD.
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      10-27-2020, 02:13 PM   #2050
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Took the delivery of the 2021 X5 xDrive40i last week.

I sent the build code to multiple dealers in the Midwest area and asked for quotes. BMW West St Louis quoted 10% discount (pre-incentive). Their admin fee is also straightforward and fairly inexpensive compared to the fees quoted from couple Chicago dealers. So I decided to order from them.

Production took 4 weeks. My CA is professional and responsive and made my out-of-state purchase really smooth. Took the family and made it a road trip to pick up the vehicle. Overall really good experience.

Last edited by Tankeren; 10-28-2020 at 02:10 PM..
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      10-27-2020, 04:33 PM   #2051
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Yep it is charlotte ..queens city ...We are in hunt for 330i will see how I can do from my learnings
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      10-28-2020, 08:13 PM   #2052
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I have option to attend the ultimate drive event in NYC Citi Field this weekend. Last time I did one of these I got a discount code but did not use it. But as my lease ends in a couple of months such a discount would be useful this time around.

Does anyone know if BMW still give discount codes to attendees and (this is important) are they valid on a custom build order -- I've heard that sometimes there is fine print that says has to be a dealer stock vehicle, but I never buy from dealer stock!

Thanks!
DAK.
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      10-28-2020, 10:33 PM   #2053
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Yes. they still do discount codes. I did the one at MetLife Stadium, and they give you a code via e-mail.

Technically, it is only for stock orders, but I've never had a problem using them on orders. However, on the $1,000 they give you, BMW provides $500, and the dealer contributes $500. So if they are already cutting a deal at 10% off, they will probably only honor the BMW provided portion.
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      10-29-2020, 07:41 AM   #2054
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Quote:
Originally Posted by dkerr View Post
I have option to attend the ultimate drive event in NYC Citi Field this weekend. Last time I did one of these I got a discount code but did not use it. But as my lease ends in a couple of months such a discount would be useful this time around.

Does anyone know if BMW still give discount codes to attendees and (this is important) are they valid on a custom build order -- I've heard that sometimes there is fine print that says has to be a dealer stock vehicle, but I never buy from dealer stock!

Thanks!
DAK.
So I just attended this event at Gillette Stadium in August. First, It's a great time - really enjoyed it. They put together a fun outing. Second, you will receive an email with an 'OL' code that has a $1k discount off, technically, in stock vehicles (it is pretty clear in the fine print). I was able to use this code for an X5 that I custom ordered earlier this month. The dealer didn't make a peep about it and never mentioned the $500 dealer contribution. This is 3rd time I have used OL codes and always the same response.

By the way, the expiration date for accepting delivery was listed as 1/31/21 - not sure if they adjust this for the UDE events later in the year.
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      10-29-2020, 04:26 PM   #2055
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Quote:
Originally Posted by DBLDNon11 View Post
So I just attended this event at Gillette Stadium in August. First, It's a great time - really enjoyed it. They put together a fun outing. Second, you will receive an email with an 'OL' code that has a $1k discount off, technically, in stock vehicles (it is pretty clear in the fine print). I was able to use this code for an X5 that I custom ordered earlier this month. The dealer didn't make a peep about it and never mentioned the $500 dealer contribution. This is 3rd time I have used OL codes and always the same response.

By the way, the expiration date for accepting delivery was listed as 1/31/21 - not sure if they adjust this for the UDE events later in the year.
Thank you, good to know. Looks like it will be worth the drive down to Citi Field.
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      10-30-2020, 07:15 PM   #2056
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Thanks to everyone in the forum. It’s been extremely helpful.

I’m about to place a custom order on a 2021 X5 40i and I’ve negotiated 10% off the MSRP (excluding incentives). MSRP is $81,300.

Anyone seeing 11%-12% off anywhere on custom orders currently?
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      10-30-2020, 08:24 PM   #2057
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I have been negotiating on a custom order 2021 X5 M50i and the best I could get so far is 8% off MSRP excluding incentives. Has anyone been able to do better in Connecticut?
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      10-31-2020, 11:01 PM   #2058
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I am talking to my local dealer about a custom order and they are holding at 7% before incentives. I will open it up to out of area dealers to get 10% or I will not buy. I did 7.5% last time and well I saw my deal was ok but the forums are great to see what the deals are.
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      11-01-2020, 06:45 AM   #2059
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Quote:
Originally Posted by spyfish007 View Post
I am talking to my local dealer about a custom order and they are holding at 7% before incentives. I will open it up to out of area dealers to get 10% or I will not buy. I did 7.5% last time and well I saw my deal was ok but the forums are great to see what the deals are.
Keep in mind that discounts are regional so the 7.5% may be a great deal in your area. Some folks are still getting quotes around MSRP which is really bad.


Good luck and hope you achieve 10%.
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      11-01-2020, 07:03 AM   #2060
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Quote:
Originally Posted by spyfish007 View Post
I am talking to my local dealer about a custom order and they are holding at 7% before incentives. I will open it up to out of area dealers to get 10% or I will not buy. I did 7.5% last time and well I saw my deal was ok but the forums are great to see what the deals are.
Hit me up and I'll hook you up with the deal.
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      11-01-2020, 09:35 AM   #2061
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Hit me up and I'll hook you up with the deal.
PM sent to you, thanks.
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      11-01-2020, 09:38 AM   #2062
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Quote:
Originally Posted by TurtleBoy View Post
Keep in mind that discounts are regional so the 7.5% may be a great deal in your area. Some folks are still getting quotes around MSRP which is really bad.


Good luck and hope you achieve 10%.
7.5% was last time. 7% was local dealer with sales manager directly. CA offered like 1% and was offened when I told him his "deal" was a joke. I am not bothered to go out of the region. I actually bought all cars out of region until 2018.
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      11-01-2020, 09:41 AM   #2063
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Quote:
Originally Posted by spyfish007 View Post
I am talking to my local dealer about a custom order and they are holding at 7% before incentives. I will open it up to out of area dealers to get 10% or I will not buy. I did 7.5% last time and well I saw my deal was ok but the forums are great to see what the deals are.
I had the same issue with your local dealer too. I even purchased my previous BMW from them. They shared that they can’t (or won’t) compete with large volume dealers.

Just drive a few hours west 😉. You’ll find 10% off.
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      11-01-2020, 05:47 PM   #2064
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Quote:
Originally Posted by Trizzil View Post
I had the same issue with your local dealer too. I even purchased my previous BMW from them. They shared that they can’t (or won’t) compete with large volume dealers.

Just drive a few hours west 😉. You’ll find 10% off.
I agree!! Did you read the broker thread. It was suggested in there that local dealers do this to buy your business the first time then jack up the rate.
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      11-02-2020, 10:28 AM   #2065
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Quote:
Originally Posted by dkerr View Post
I have option to attend the ultimate drive event in NYC Citi Field this weekend. Last time I did one of these I got a discount code but did not use it. But as my lease ends in a couple of months such a discount would be useful this time around.

Does anyone know if BMW still give discount codes to attendees and (this is important) are they valid on a custom build order -- I've heard that sometimes there is fine print that says has to be a dealer stock vehicle, but I never buy from dealer stock!

Thanks!
DAK.
Yep they do I went to that same event and got my code today.
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      11-02-2020, 11:30 AM   #2066
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Quote:
Originally Posted by Trizzil View Post
Thanks to everyone in the forum. It’s been extremely helpful.

I’m about to place a custom order on a 2021 X5 40i and I’ve negotiated 10% off the MSRP (excluding incentives). MSRP is $81,300.

Anyone seeing 11%-12% off anywhere on custom orders currently?
you mean 10% on $81300 ? would you mind share or PM you quote with complete lease details

Last edited by Chetak; 11-02-2020 at 11:31 AM.. Reason: additional info
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      11-03-2020, 10:54 AM   #2067
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I negotiated 11% off on a 45e custom order fully loaded.
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      11-03-2020, 11:11 AM   #2068
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I negotiated 11% off on a 45e custom order fully loaded.
Does that include incentives?
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