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      04-21-2020, 07:25 PM   #287
TrevorM3
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meh, 3200 down plus 7 msd's on a car with 5k on it already.
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      04-26-2020, 07:50 PM   #288
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Thoughts on this deal?

2019 M5 Base
MSRP $122,205
12% Off MSRP
Selling Price = $107,540
-$4,500 in incentives (loyalty, lease)
Adjusted Price: $103,133

36 mo / 15k per year
MF: .00118
Residual: 55%

$0 down — $1,274 mo (including 6.5% FL tax)

Thanks in advance!
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      04-26-2020, 11:33 PM   #289
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Quote:
Originally Posted by OrlandoVol View Post
Thoughts on this deal?

2019 M5 Base
MSRP $122,205
12% Off MSRP
Selling Price = $107,540
-$4,500 in incentives (loyalty, lease)
Adjusted Price: $103,133

36 mo / 15k per year
MF: .00118
Residual: 55%

$0 down — $1,274 mo (including 6.5% FL tax)

Thanks in advance!
Good deal! 1% rule of MSRP, no down, and 15k miles a year! If you don’t really care the changes to the instrument cluster and nav on the 2020s go for it! Everything else 2019 and 2020 are pretty much the same anyways
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      04-27-2020, 07:22 AM   #290
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Good deal! 1% rule of MSRP, no down, and 15k miles a year! If you don’t really care the changes to the instrument cluster and nav on the 2020s go for it! Everything else 2019 and 2020 are pretty much the same anyways
I really don’t — Instrument cluster end navigation is basically what I have in my current ‘17 540.
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      05-01-2020, 01:45 PM   #291
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May program posted -- no changes.
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      05-04-2020, 06:12 PM   #292
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View post on imgur.com

Thoughts on this deal?
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      05-04-2020, 06:24 PM   #293
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Originally Posted by EMCCM View Post
https://imgur.com/a/0DdtQi0
Thoughts on this deal?
No...
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      05-04-2020, 08:29 PM   #294
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Originally Posted by shoei View Post
No...
Ok, can you provide some more comments beyond that? I think I'll be able to get a bit more off MSRP, but this the best I've found so far after talking with basically every dealership in Chicago. Either the lowest off MSRP they'll go is 8%, or they inflate the MF without budging.
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      05-04-2020, 08:33 PM   #295
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Quote:
Originally Posted by EMCCM View Post
Quote:
Originally Posted by shoei View Post
No...
Ok, can you provide some more comments beyond that? I think I'll be able to get a bit more off MSRP, but this the best I've found so far after talking with basically every dealership in Chicago. Either the lowest off MSRP they'll go is 8%, or they inflate the MF without budging.
If you can wait a little longer, I would. They (as most other dealerships) are having trouble even taking back lease returns. There aren't any space left on the lots and their secondary and backup lots.

Give a little more time and you should see a lot more wiggle room.

Even that price is too high for pre-covid.
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      05-04-2020, 08:57 PM   #296
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Quote:
Originally Posted by shoei View Post
If you can wait a little longer, I would. They (as most other dealerships) are having trouble even taking back lease returns. There aren't any space left on the lots and their secondary and backup lots.

Give a little more time and you should see a lot more wiggle room.

Even that price is too high for pre-covid.
Not sure where I'm going wrong then. I've talked to a number of dealers, informed them I'm serious, they come back with an offer and I've tried countering and they say they can't budge. I tell them I'm walking if we can't negotiate and they just let me walk. I've seen some good deals on here, but it seems they are all as a result of loyalty incentives, which I don't qualify for. I definitely can wait if deals are going to get better in a month or two, but I've seen plenty of theories arguing both sides on this.

Edit: Nevermind. I mis-interpreted this quote initially. You're right, not the deal I was thinking it was.

Last edited by EMCCM; 05-04-2020 at 09:13 PM..
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      05-04-2020, 11:55 PM   #297
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Quote:
Originally Posted by EMCCM View Post
Quote:
Originally Posted by shoei View Post
If you can wait a little longer, I would. They (as most other dealerships) are having trouble even taking back lease returns. There aren't any space left on the lots and their secondary and backup lots.

Give a little more time and you should see a lot more wiggle room.

Even that price is too high for pre-covid.
Not sure where I'm going wrong then. I've talked to a number of dealers, informed them I'm serious, they come back with an offer and I've tried countering and they say they can't budge. I tell them I'm walking if we can't negotiate and they just let me walk. I've seen some good deals on here, but it seems they are all as a result of loyalty incentives, which I don't qualify for. I definitely can wait if deals are going to get better in a month or two, but I've seen plenty of theories arguing both sides on this.

Edit: Nevermind. I mis-interpreted this quote initially. You're right, not the deal I was thinking it was.
Yeah I figured based off of your grasp of the English language and vocab you would see it quickly, lol...

The longer everything's in the shitter, the better it is for you if you can wait. We're in May already. As you are probably well aware, come July / August? They (bmwna) will start to freak the fuck out. Why? The 2021 model will be due to arrive September like they do every year. Dealerships are gonna be flooded with 2020's, they're going to need to move them out...

It's honestly just common sense at this point. I've heard the counter argument and I think it's not even applicable. The masses aren't spending money currently, let alone financing / leasing vehicles. Dealerships have to move the surplus inventory they have and that time frame is coming up shortly. They can't expect the cars to magically start moving off the lot, unless..........
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      05-05-2020, 12:38 PM   #298
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Quote:
Originally Posted by shoei View Post
Yeah I figured based off of your grasp of the English language and vocab you would see it quickly, lol...

The longer everything's in the shitter, the better it is for you if you can wait. We're in May already. As you are probably well aware, come July / August? They (bmwna) will start to freak the fuck out. Why? The 2021 model will be due to arrive September like they do every year. Dealerships are gonna be flooded with 2020's, they're going to need to move them out...

It's honestly just common sense at this point. I've heard the counter argument and I think it's not even applicable. The masses aren't spending money currently, let alone financing / leasing vehicles. Dealerships have to move the surplus inventory they have and that time frame is coming up shortly. They can't expect the cars to magically start moving off the lot, unless..........
I do hope you're right, and will be trying to avoid letting impatience get the best of me.
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      05-09-2020, 11:10 AM   #299
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you need to negotiate with the right people at the dealership
contact the manager at the dealership that have your exact spec and tell him/her that if they do 12 % off MSRP plus base MF, you will pick the car up .. Most likely they will do it..
some dealers are betting on the fact that because production shut down for a while, supply will be limited. I also do believe that BMW is covering the floor financing which is taking some pressure off the dealers.
overall, time on your side if you can't get anything done now
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      05-11-2020, 11:04 AM   #300
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Quote:
Originally Posted by M3PGH View Post
you need to negotiate with the right people at the dealership
contact the manager at the dealership that have your exact spec and tell him/her that if they do 12 % off MSRP plus base MF, you will pick the car up .. Most likely they will do it..
some dealers are betting on the fact that because production shut down for a while, supply will be limited. I also do believe that BMW is covering the floor financing which is taking some pressure off the dealers.
overall, time on your side if you can't get anything done now
I've told them if they did 11% plus base MF that I will do the deal. They just come back with something that is not close and we talk in circles.
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      05-13-2020, 06:44 PM   #301
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Quote:
Originally Posted by EMCCM View Post
I do hope you're right, and will be trying to avoid letting impatience get the best of me.


if there's one thing you need when buying a car, it's patience. It will cost you if you don't have any. Look at other dealers outside your state as well.
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      06-02-2020, 10:57 AM   #302
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June 2020 incentives?

Does anybody happen to have the updated June 2020 BMW M5 incentives? Thanks!
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      06-02-2020, 02:30 PM   #303
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Quote:
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Does anybody happen to have the updated June 2020 BMW M5 incentives? Thanks!
Per Leasehackr Forums
2 payment loyalty waiver has ended
MF unchanged @ .00118
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      06-03-2020, 10:45 AM   #304
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Updated with June program -- no changes.
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      07-01-2020, 12:42 PM   #305
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Updated with July program - no changes.
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      07-30-2020, 12:13 AM   #306
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Quote:
Originally Posted by 240SXFAN View Post
Given factories are closed now, the introduction of new models and additional vehicles on the lot will be challenged.
May be BMW is betting on an upcoming inventory crunch to see if they can sustain their margins?

Quote:
Originally Posted by psuibmw View Post
That's a bad bet, in fact totally missing right evaluation of the situation on BMW side. Apparently these execs are disconnected from reality. Expect April sales to be the worst in recent history, unless dealers offers way high discounts
By and large the scenario I referred to has played out. Discounts are getting tighter by the passing day.

Last edited by 240SXFAN; 07-30-2020 at 12:19 AM..
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      08-01-2020, 07:03 PM   #307
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August 2020 incentives?

August 2020 incentives? Has this come out yet?
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      08-01-2020, 09:09 PM   #308
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Quote:
Originally Posted by 240SXFAN View Post
By and large the scenario I referred to has played out. Discounts are getting tighter by the passing day.
Agree, when it comes to the M5s deals are really no where close to what Dec 2019 were even with a higher money factor from BMW.

A lot of dealers don't even have them in stock!
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