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      11-22-2019, 05:58 PM   #507
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Mine is 2020 M50i.
MSRP: 106495
Price after discount: 95000.

The dealer actually covered the transfer fee for the car from another dealer. So actual discount is more than the number. I really appreciated the sales did for us.
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      11-23-2019, 07:17 AM   #508
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Quote:
Originally Posted by 745 View Post
Mine is 2020 M50i.
MSRP: 106495
Price after discount: 95000.

The dealer actually covered the transfer fee for the car from another dealer. So actual discount is more than the number. I really appreciated the sales did for us.
Does that include loyalty and rebates?
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      11-23-2019, 07:23 AM   #509
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Quote:
Originally Posted by unotaz View Post
Everyone is posting these great discount based on a lease/finance deal, but which can be tweaked by adjusting the money factor.

What are people getting in terms of discount on a straight up cash deal?
10% is easily doable + finance rebates if financed + loyalty if you qualify.
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      11-23-2019, 10:36 PM   #510
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So who here has gotten 10% discount on a straight up cash deal? No finance, no lease.

Quote:
Originally Posted by vink View Post
10% is easily doable + finance rebates if financed + loyalty if you qualify.
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      11-23-2019, 10:39 PM   #511
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That's a great deal! Is it a cash deal or financed/leased?

Quote:
Originally Posted by 745 View Post
Mine is 2020 M50i.
MSRP: 106495
Price after discount: 95000.

The dealer actually covered the transfer fee for the car from another dealer. So actual discount is more than the number. I really appreciated the sales did for us.
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      11-24-2019, 12:47 AM   #512
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Lease credit is $1k on the X7 right now, correct?
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      11-24-2019, 11:36 AM   #513
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Anyone in the SF Bay getting more than 6% for their custom build?
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      11-24-2019, 03:03 PM   #514
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Quote:
Originally Posted by vink View Post
Does that include loyalty and rebates?
When we asked for the discount, we only told them our target price. Not sure whether they included that. But I guess they already did. However, looks like I still can apply for the BMW CCA rebate.
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      11-24-2019, 03:12 PM   #515
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Quote:
Originally Posted by unotaz View Post
That's a great deal! Is it a cash deal or financed/leased?
Not sure what do you mean cash deal, like pay all the amount one time?We went with lease.
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      11-24-2019, 03:14 PM   #516
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MSRP: $108745
Sale price: $95620
Base MF: 0.00128
(10% + $1000 + $1250)
I got the same deal from couple of BMW dealers. I could have pushed to 10.5% but I was comfortable with what I got!

I'll apply for BMW CCA rebate which is another 1000 minus 3 yr subscription price.
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      11-25-2019, 10:22 AM   #517
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Exactly. On a pure cash deal, the dealer doesn't make more money as they do on a typical lease/finance deals.

That's why you see 10% discount on the sale price because the dealer makes $$ on the back end through money factor and other hidden fees.

Quote:
Originally Posted by 745 View Post
Not sure what do you mean cash deal, like pay all the amount one time?We went with lease.
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      11-25-2019, 11:32 AM   #518
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Quote:
Originally Posted by unotaz View Post
Exactly. On a pure cash deal, the dealer doesn't make more money as they do on a typical lease/finance deals.

That's why you see 10% discount on the sale price because the dealer makes $$ on the back end through money factor and other hidden fees.

Quote:
Originally Posted by 745 View Post
Not sure what do you mean cash deal, like pay all the amount one time?We went with lease.
My brother bought M5C at 13% discount with his credit union check (financed through his credit union) which is same as cash deal for the dealer.
I got 10% discount plus rebates and incentives at base MF and the residual value set by BMW. Dealers don't make money at base MF. However, the hold backs from manufacturers at this time of the year is where dealers make money. Volume dealers make money on numbers! Bigger numbers... sweeter the hold back is!

We all know, dealers are here to make money. How much? Depends on us! They do markup MF as you said if customers aren't aware of current lease rates base on model and year or if their credit history is less than excellent. I was quoted 0.00148 MF for a 2019 X7 50i compared to base MF of 0.00128 last week by one of the dealers. Difference in monthly payment was around $40 which for 3 yrs lease is close to $1500 profit for dealer.

Forums like these have made customers smarter and dealers won't BS around if they know we did our HW.

Bottom line.... Discounts are real at this time of the year whether it's a cash offer or finance or lease.
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      11-25-2019, 11:52 AM   #519
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Discount on ordered X7

I got 10% off a custom order 2020 X7 4.0. MSRP 95k.

Car just delivered two weeks ago.
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      11-25-2019, 01:36 PM   #520
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I was quoted $920 a month on the vehicle below. But lease hacker is showing a little less. I must be missing something.

What can be negotiate in a lease beside the purchase price?

MSRP: 86,870
Price: 78k
36yrs/15k
RV:55%

10k down

MF: .00148 or 3.55 ish APR

with acquisition fees etc.. I'm at $830 with 9.25 tax rate.

price above is before CCA rebate.
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      11-25-2019, 01:52 PM   #521
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I think you can easily get 11% off so ask for that. I did on an in stock 2020.
Also the MF is marked up. The base is .00128. You should not put money down on a lease because if the car is totaled, you lose it all. You can put MSDs which can lower the base MF but I do not know if CA allows MSDs. You can get back MSDs at end of lease.
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      11-25-2019, 01:55 PM   #522
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Quote:
Originally Posted by HC707 View Post
I think you can easily get 11% off so ask for that. I did on an in stock 2020.
Also the MF is marked up. The base is .00128. You should not put money down on a lease because if the car is totaled, you lose it all. You can put MSDs which can lower the base MF but I do not know if CA allows MSDs. You can get back MSDs at end of lease.
I'm in CA so maybe our market is different? This is my first attempt at leasing so still learning.

Original was asked to put 5k down I wanted to put more down to lower monthly payment. Overall goal is to lower monthly payment. I will ask about MSD

btw: I settled for 10% since this is a non stock vehicle she would have to pull it. It's in transit to the port as we speak.
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      11-25-2019, 03:10 PM   #523
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Quote:
Originally Posted by cheapie408 View Post
I was quoted $920 a month on the vehicle below. But lease hacker is showing a little less. I must be missing something.

What can be negotiate in a lease beside the purchase price?

MSRP: 86,870
Price: 78k
36yrs/15k
RV:55%

10k down

MF: .00148 or 3.55 ish APR

with acquisition fees etc.. I'm at $830 with 9.25 tax rate.

price above is before CCA rebate.
To answer your 'what can be negotiated', one of the things you can negotiate that dealers often mark up is the money factor - you said you were calculating based on MF of .00148, but you should use the base rate from BMW, which I believe is .00128 (last time I checked the Edmunds site).

Also, and you may already know this, but negotiate sale price BEFORE you let the dealer know you qualify for any rebates (such as loyalty), otherwise they'll include those in the discount.
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      11-25-2019, 03:13 PM   #524
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Quote:
Originally Posted by HC707 View Post
I think you can easily get 11% off so ask for that. I did on an in stock 2020.
Also the MF is marked up. The base is .00128. You should not put money down on a lease because if the car is totaled, you lose it all. You can put MSDs which can lower the base MF but I do not know if CA allows MSDs. You can get back MSDs at end of lease.
So here's where we at based on your recommendation. I'm still at 10% off before the CCA rebate.

$10k down

up to 7 MSD so $6300 lowering the money factor to .00113

Monthly 870 with tax.
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      11-25-2019, 04:03 PM   #525
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Never put money down on a lease. MSDs is a great option to lower the cost but don't put any cash down to reduce the cap cost.
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      11-25-2019, 06:22 PM   #526
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Unfortunately, discount varies across the country and if you live in a big city in California (eg. SF or LA), you won't be able to get the same level of discount as other areas (eg. Minnesota or PA). You need to see it from the dealer's perspective, real estate ain't cheap in California and someone needs to pay the rent.

Quote:
Originally Posted by cheapie408 View Post
I'm in CA so maybe our market is different? This is my first attempt at leasing so still learning.

Original was asked to put 5k down I wanted to put more down to lower monthly payment. Overall goal is to lower monthly payment. I will ask about MSD

btw: I settled for 10% since this is a non stock vehicle she would have to pull it. It's in transit to the port as we speak.
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      11-25-2019, 08:40 PM   #527
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Quote:
Originally Posted by cheapie408 View Post
So here's where we at based on your recommendation. I'm still at 10% off before the CCA rebate.

$10k down

up to 7 MSD so $6300 lowering the money factor to .00113

Monthly 870 with tax.
Well, you should remove the 10K down from your calculation. Also calculate with the MSDs and without using .00113 and .00128.
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      11-25-2019, 09:36 PM   #528
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Quote:
Originally Posted by cheapie408 View Post
So here's where we at based on your recommendation. I'm still at 10% off before the CCA rebate.

$10k down

up to 7 MSD so $6300 lowering the money factor to .00113

Monthly 870 with tax.
wait are you putting 10k and 7 MSD ? or just MSD to get the 870$
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