Quote:
Originally Posted by jmcd2524
Thanks thenew3. I am leaning towards the loaner as I am not crazy about the loss in initial value when driving the new build off the lot. I don't know what additional discounts dealers can work with when selling a loaner. Sounds like about 5% or so. any thoughts?
I don't need a vehicle at this point and can wait till the factory opens back up. I'm just not sure whether pricing will go further down at that point versus now - in the middle of the shutdown. Your idea about getting the dealer to CPO the car is very interesting. Thanks again for the advice.
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Loaner write downs should get you to 16-18% dealer discount before incentives. It is not worth getting a loaner unless it's in that range, and you are better off getting a new one at 12% off.
Also remember, these are heavy cars, and 4200 miles might mean another set of tires before lease return.
Don't buy BMWs....it's worth leasing especially with low MFs and inflated residuals