[asif163]

Originally Posted by PSDK

I'm negotiating the lease or possibly purchase of a 2021 M5 Competition. The MSRP is $144,604, it has a lot of options I would not order, but is the closest to what I want that I can find currently available. The dealer is not discounting from MSRP, I've brought this up and they say "these are MSRP cars". However from what I see here that is not the case. I also called spoke to another dealer about a M5 with a $124,000 MSRP to compare and they also offered no discount. What am I missing? I see others here posting about 8%+ discounts on the 2021 models.


The quote on the $144,000 MSRP was $2193 for 36 months with 3000 down.

The quote on the $124,000 MSRP was $2014 for 36 months with 3000 down.

That's bananas!! Wildly overpriced. Run away from that dealer quickly 🤣

[Kponti]

SO got an offer today from my local dealer.

$128,875 MSRP (executive, Competition, Driving assist plus, B&W, and MPE)
$119,875 Selling Price (7% off) (they snuck in some $759 fees that will be removed)
6.25% Texas taxes levied against the selling price of the car

$2500 drive out; $1799/month; 12k/36month lease

Should I be pushing for more? This is a built car that is being exchanged from another dealer (maybe I should look for it on the different dealer lot)
What do you think?

[BMA89]

Originally Posted by Kponti

SO got an offer today from my local dealer.

$128,875 MSRP (executive, Competition, Driving assist plus, B&W, and MPE)
$119,875 Selling Price (7% off) (they snuck in some $759 fees that will be removed)
6.25% Texas taxes levied against the selling price of the car

$2500 drive out; $1799/month; 12k/36month lease

Should I be pushing for more? This is a built car that is being exchanged from another dealer (maybe I should look for it on the different dealer lot)
What do you think?

What money factor are they using?

[dogears]

Seems high? Always negotiate the money factor. Plus you could do the 7 MSDs to further reduce payment. Never put money down, ever.

[TrevorM3]

Originally Posted by Kponti

SO got an offer today from my local dealer.

$128,875 MSRP (executive, Competition, Driving assist plus, B&W, and MPE)
$119,875 Selling Price (7% off) (they snuck in some $759 fees that will be removed)
6.25% Texas taxes levied against the selling price of the car

$2500 drive out; $1799/month; 12k/36month lease

Should I be pushing for more? This is a built car that is being exchanged from another dealer (maybe I should look for it on the different dealer lot)
What do you think?

1800 a month is what people were paying when the f90 first came out. This deal is trash. Go elsewhere.


You shouldn't have to negotiate the MF, it should be BASE if your credit allows.

[Jason]

Updated with March program - no changes.

[afo818]

$1,095 plus tax with 2000 total out of pocket 10k miles and loyalty
Been blowing these 106 msrp m5's away!

[m3forme2016]

I see others here posting about 8%+ discounts on the 2021 models.

I found one for 5% off MSRP. PM me if you are interested.

By the way, while purchasing another car, I found a good way to quickly contact dealers.

Using CarGurus search: https://www.cargurus.com/Cars/new/se...earch=76832151

Then, for each car that looks good, click "+ Add comment" in the Get a Quote section. Write "What is the best price for this car?"

When they start sending email with questions, just respond with, "What is the best price for this car?".

[m3forme2016]

Can someone please share the minimum and maximum Money Factors for March?

[Boiler Up!]

Originally Posted by m3forme2016

Can someone please share the minimum and maximum Money Factors for March?

Base MF is .00086 for March. I had no idea if BMW stipulates a maximum amount that it can be marked up.

[Elj4y]

Hi, I’m new to this forum (longtime stalker) and still pining over an F90. Fell in love after test driving it recently, but struggling to get anything even close to a good deal.

Anyone have more luck here negotiating off MSRP? I’ve contacted a number of dealers spread across the PNW, CA, AZ, TX, but the most I’ve gotten is about 5% off. Most dealers won’t give me much more than a couple grand off. I’m going to keep pushing but maybe this is just bad timing? It’s not that I can’t afford it, but I think I’d beat myself up if I didn’t at least get a reasonable deal. Also, I’ve looked into brokers but as I’m located in WA state, I haven’t found a viable path. Unlike a lot of other folks, I’m new to BMW so I don’t quality for the loyalty or other awesome rebates/incentives.

[The5rivers]

Originally Posted by Elj4y

Hi, I’m new to this forum (longtime stalker) and still pining over an F90. Fell in love after test driving it recently, but struggling to get anything even close to a good deal.

Anyone have more luck here negotiating off MSRP? I’ve contacted a number of dealers spread across the PNW, CA, AZ, TX, but the most I’ve gotten is about 5% off. Most dealers won’t give me much more than a couple grand off. I’m going to keep pushing but maybe this is just bad timing? It’s not that I can’t afford it, but I think I’d beat myself up if I didn’t at least get a reasonable deal. Also, I’ve looked into brokers but as I’m located in WA state, I haven’t found a viable path. Unlike a lot of other folks, I’m new to BMW so I don’t quality for the loyalty or other awesome rebates/incentives.

I think you've gone about it the right way, but you could get at least 8% by working with a broker. When you say its not viable, what do you mean?

I know brokers have dealers who will ship pretty much anywhere depending on location and feasibility of course, so I would say to keep researching brokers and find one who could ship to WA. I would recommend Dan Next Level Auto Brokers but he's out of the east coast and I don't know if shipping cross country would be beneficial versus finding a broker who works with dealers closer to you.

Good luck!

[AHall]

Are you planning to order the car or buy something off the lot? Try Jon Schafer. He is a broker out of California. When I was shopping a local dealer offered me 5% and another offered me 4% off. I asked another dealer 2 hours away for 10% and they offered 8%.

[Elj4y]

Originally Posted by The5rivers

I think you've gone about it the right way, but you could get at least 8% by working with a broker. When you say its not viable, what do you mean?

I know brokers have dealers who will ship pretty much anywhere depending on location and feasibility of course, so I would say to keep researching brokers and find one who could ship to WA. I would recommend Dan Next Level Auto Brokers but he's out of the east coast and I don't know if shipping cross country would be beneficial versus finding a broker who works with dealers closer to you.

Good luck!

Thanks I’ll contact NLAB. Got a couple promising PMs as well. Seems like lots of folks have recommended them. I’ve done a little bit of digging on brokers in WA state and TBH haven’t found much. Contacted one out of SoCal but they said they only ship to Cali residents.

Originally Posted by AHall

Are you planning to order the car or buy something off the lot? Try Jon Schafer. He is a broker out of California. When I was shopping a local dealer offered me 5% and another offered me 4% off. I asked another dealer 2 hours away for 10% and they offered 8%.

I’m open to both, so I’ve contacted dealers that have several M5s sitting on the lot in order to get a favorable initial offer. Can you PM me Jon’s info?

[Jason]

Updated with April 2021 program - no changes.

[AHall]

Originally Posted by Elj4y

Thanks I’ll contact NLAB. Got a couple promising PMs as well. Seems like lots of folks have recommended them. I’ve done a little bit of digging on brokers in WA state and TBH haven’t found much. Contacted one out of SoCal but they said they only ship to Cali residents.

I’m open to both, so I’ve contacted dealers that have several M5s sitting on the lot in order to get a favorable initial offer. Can you PM me Jon’s info?

PM was sent a couple of days ago

[5tony]

Originally Posted by Jason

Updated with April 2021 program - no changes.

My dealer told me the base MF went up for April. Luckily they honored my previous quote.

[The5rivers]

Originally Posted by 5tony

My dealer told me the base MF went up for April. Luckily they honored my previous quote.

Yeah MF for April is .00093.

[Poiseuille]

subscribed

[Solarium]

is it possible to get a 6% discount on MSRP for the M5 these days?

What does it take to get the base MF of .00093?

[5tony]

I just picked up a '21 M5 at the Performance Center I ordered through a Broker at 9% off and base MF, so I'm sure if you look around enough, you can find one.

[The5rivers]

Originally Posted by Solarium

is it possible to get a 6% discount on MSRP for the M5 these days?

What does it take to get the base MF of .00093?

Yes, it is, but if you can't negotiate higher than that, go for a broker who will make the process much easier and straightforward.

Most dealers mark up the MF to offset any "discount" they give you, so it's always prudent to ask what they are quoting (at least I do). If it's not base, ask for it, but be prepared for a gamut of answer on why it's marked up. Remember, dealers want to make money on any deal. Also, asking for/getting base MF assumes you have tier 1 credit.

But to ensure you will always get base MF without the hassle, just go with a broker. Saves time, less stress, and you'll get a great deal.

Hope it helps. Good luck!