11-05-2018, 05:25 PM | #45 |
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Does the finance rebate come out of dealer margin? My dealer offering total of $7,165 off ($2k finance incentice, $1k rebate, $500 promo plus $3,665 in dealer discount) on 40i. Does this sound reasonable?
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11-05-2018, 09:51 PM | #47 | |
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Didn't think that the $1K loyalty rebate was separate nor were dealers accepting any $500 'promo's like USAA or Amex or Costo for 2019 X5s. Hope I'm wrong. |
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11-05-2018, 09:52 PM | #48 | |
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I'm not sure what that means in real life - if they are giving you a $2k discount up front, but then the payment being offered makes the end result no longer make sense, then it's just a discount that they are charging you back for within the financing. How/why they are separating this as an additional discount on top of the $3665 is bizarre - if they want to give you $5665 off then that's what they should do. It's important to understand the entire set of numbers if it's a lease. MSRP, Mileage, Term, Down Payment, Dealer Fees, Sales Tax Rate, etc. There's a good website, leasehackr.com that can help you validate what you're being quoted. |
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11-06-2018, 09:56 PM | #49 |
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New Order Pricing
Any advice on what % off MSRP I should expect ordering a new X5?
Also curious about "IBEX Surface Protection." This is a late aftermarket add my dealer is pushing. Is it worth it? Last edited by tjely; 11-07-2018 at 06:45 AM.. |
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11-07-2018, 12:05 PM | #50 | |
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My theory on anything the dealer is pushing aftermarket is that they make a ton of money on it and you can just get it somewhere else for cheaper and that just appears to be some stuff they put on your car and then basically an insurance policy for when something happens. https://www.reddit.com/r/AutoDetaili...th_my_new_car/
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11-07-2018, 04:56 PM | #51 | |
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11-08-2018, 09:03 AM | #53 |
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gsanto, USAA incentive is good for the G05. Just excludes M2, M3CS, M4CS, and M5 Comp.
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11-08-2018, 04:36 PM | #54 |
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11-08-2018, 08:57 PM | #55 |
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Additional rebates
The USAA rebate is ONLY available if you finance a PURCHASE thru USAA Federal Savings. Check the fine print on the website. Lease rebates are a thing of the past.
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11-09-2018, 07:31 AM | #56 |
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I don't see that anywhere. I created the USAA certificate. Here's the fine print, note this line "There is no obligation to purchase or continue USAA products"
BMW Incentive offer is valid at any authorized BMW Center nationwide. Member must take retail delivery 7/5/18 – 1/2/19. Incentive offer is subject to change without prior notice. This incentive offer is not available to the general public. Offer is combinable with eligible new car sales program. Please confirm with the authorized BMW Center. BMW incentives are only available to persons eligible for membership in USAA's Property and Casualty Insurance Group who are in good standing with USAA. P and C membership is generally available to current and former members of the U.S. Military and their former dependents. There is no obligation to purchase or continue USAA products or services to obtain the offers. BMW requires presentation of a photo ID your Exclusive Manufacturer Offer Code Certificate with a unique Customer ID Offer Code. Visit the USAA Car Buying Service to receive BMW Certificate. Certificates may only be redeemed in the U.S. One incentive per member, per offer code, per calendar year for new BMW vehicles. Eligible member must be the purchaser. See your authorized BMW Center for complete program details.
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11-11-2018, 07:26 AM | #59 | |
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As a rule of thumb you want to be around 1-1.15% of your MSRP for your monthly lease payment. So a $75k MSRP should be $750 + tax a month for example with only inceptions. This all varies on current promotions and rates etc but gives you an idea. Walk away from that dealer. That $15k should lower your payments about $400/month.
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11-11-2018, 12:18 PM | #60 | |
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11-11-2018, 04:53 PM | #61 | ||
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11-12-2018, 11:35 AM | #62 |
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That is not true. It is available if you finance or lease through BMWFS and pay cash or finance through an outside lender.
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11-12-2018, 01:04 PM | #63 |
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All - Haggling with dealer now over e-mail. Trying to understand what discounts to expect. Lots of talk of 4-7% off but can't clearly tell if that's just dealer discount, and then there's another $2k off for BMWFS, $1k Loyalty. Or is that 7% with everything. Please help!
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11-12-2018, 02:25 PM | #64 | |
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So take MSRP + destination and then figure out what you need (markup is about 7.5%) so if the car is 70k and you want 7% off, then 4900 off and total you would be asking to pay is $65100 before taxes and paperwork fees etc, then take off the incentive whatever it is - it was $1000 in my area, so I would be asking for 64100 with the incentive + tax, title and doc fees which vary state to state dealer to dealer. I would also be asking for the rate lease or loan and ensuring they are not marking that up beyond the .00182 MF or 2.89% on a loan.
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11-12-2018, 02:52 PM | #65 |
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So what % off MSRP did you get before incentives? 7.5% seems high.
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11-12-2018, 03:00 PM | #66 |
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7.5% is their markup, so if you got that it would be invoice price basically, I did $500 over invoice, which worked out to right around 7% for my particular build, took a little work and they wanted my business as I had bought a lot of cars from another dealer in the area over the years, so they went pretty low to get me to move my business over.
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