09-29-2018, 07:15 AM | #1 |
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How much off MSRP can I expect for an '18 M5 right now?
As the title states, what are you paying for an '18 as there are a ton of 19's out there. Is the pricing just as good for '19's?
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09-29-2018, 02:17 PM | #2 |
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09-29-2018, 09:18 PM | #4 |
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Thanks for the replies so far. I have never leased a vehicle, so I don't understand money factor's and residuals. I was asking specifics for a purchase, but I see many of you lease. Is that a better option for these vehicles? If so, someone educate me or point me in the right direction to understand more.
It looks like you negotiate a purchase price as well as some sort of interest rate? TIA! |
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09-30-2018, 06:23 AM | #5 | |
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Quote:
Dealers can mark up the MF, just like they do on interest rate loans. Your monthly payment is the difference between your negotiated sales price (and taxes/fees/MF and what not) and your residual value. In terms of negotiating, a lease is identical to a loan. Customer wants: 1) Lowest sale price. (BEFORE #2 below) 2) All available discounts (Loyalty/Military/BMW CCA Rebate/APR or Lease Credit) 3) Lowest possible APR/MF Dealer Wants: 1) Profit 2) Return customers 3) Referrals BMWNA sets residuals for each model/term/mileage, these can change monthly. |
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