[emargul]

Originally Posted by Corry El

Thinking of trading in my 2018 M2 (I've posted before on M2 forum) for X3 M40i. Anybody care to opine on appropriate price target as % off MSRP on the X3, northern NJ? A little off topic here but any ideas about the M2 trade in price are welcome also. See link for my ad here, which has drawn absolute crickets.
https://f87.bimmerpost.com/forums/sh....php?t=1846899

Beautiful M2! Carvana offered me low 40s for my 2017 M2 with 38k miles on it back in May. As for the X3 M40i you should look for at least 6% off MSRP.

[bmwmotorrad46]

I got $2500 off from Tulley BMW Nashua because of the pandemic- I usually get 10-12% off
51000 is the MSRP

[Corry El]

Originally Posted by emargul

Beautiful M2! Carvana offered me low 40s for my 2017 M2 with 38k miles on it back in May. As for the X3 M40i you should look for at least 6% off MSRP.

So far I've seen one firm quote, 1.5% off MSRP, again X3 M40i in northern NJ. That guy gave good bid on my M2, $6k better than the one other BMW dealer who gave me a firm quote on the M2, and about what it should per KBB/Edmunds (which I've found in past pretty hard to squeeze that out of a new car dealer).

Just to give some feedback, more quotes to go and I will counter lower obviously.

[mscada]

I want to check if this the deal (August 2021) makes sense or I can do better:



2022 X3 xDrive 30i, Carbon Black, M Sport, Shadowline, Premium, Leather, Ventilated Seats, Remote Start.
MSRP $54,520

36 month, 10k mi lease

- Dealer discount about 5.5% ($300 above invoice)

- Loyalty $500

- PenFed $500

- MF 0.001

Dealer also has "non-negotiable" $500 Doc. fee

Thoughts are appreciated!!!

[Pauleebe]

Originally Posted by mscada

I want to check if this the deal (August 2021) makes sense or I can do better:



2022 X3 xDrive 30i, Carbon Black, M Sport, Shadowline, Premium, Leather, Ventilated Seats, Remote Start.
MSRP $54,520

36 month, 10k mi lease

- Dealer discount about 5.5% ($300 above invoice)

- Loyalty $500

- PenFed $500

- MF 0.001

Dealer also has "non-negotiable" $500 Doc. fee

Thoughts are appreciated!!!

Discounts are hard to be had, so I think 5.5% is reasonable considering it's a MY22 too. Incentives look reasonable. I think MF is .00093. Most dealers charge some sort of doc fee but I thought $300 was more reasonable.

[J-RO]

Originally Posted by mscada

I want to check if this the deal (August 2021) makes sense or I can do better:



2022 X3 xDrive 30i, Carbon Black, M Sport, Shadowline, Premium, Leather, Ventilated Seats, Remote Start.
MSRP $54,520

36 month, 10k mi lease

- Dealer discount about 5.5% ($300 above invoice)

- Loyalty $500

- PenFed $500

- MF 0.001

Dealer also has "non-negotiable" $500 Doc. fee

Thoughts are appreciated!!!

What is PenFed?

[AVI8]

Originally Posted by J-RO

What is PenFed?

Pentagon Federal Credit Union

[J-RO]

Originally Posted by AVI8

Pentagon Federal Credit Union

Thank you.

[neilr_]

Originally Posted by mscada

I want to check if this the deal (August 2021) makes sense or I can do better:



2022 X3 xDrive 30i, Carbon Black, M Sport, Shadowline, Premium, Leather, Ventilated Seats, Remote Start.
MSRP $54,520

36 month, 10k mi lease

- Dealer discount about 5.5% ($300 above invoice)

- Loyalty $500

- PenFed $500

- MF 0.001

Dealer also has "non-negotiable" $500 Doc. fee

Thoughts are appreciated!!!

Did you use PenFed's car buying service for this? I looked last night and they're saying the average discount is a hair over 2%.

[f82fanatic]

Originally Posted by neilr_

Did you use PenFed's car buying service for this? I looked last night and they're saying the average discount is a hair over 2%.

Why be average when you can be top quartile?

Search and you shall find. Deals are there to be had.

[rodo94]

this is the data coming from dealers websites

adjustedCapCost: 75997.1
adjustedResidualValue: 47289.2
advanceFlatTax: 0
advanceSalesTax: 0
amountFinanced: 75997.1
appliedIncentiveAmount: 0
appliedIncentiveIds: [116805]
apr: 2.95
branchName: "WEST2"
capCostReduction: 6162.9
capCostReductionTax: 0
capCostTotal: 82160
capitalizedFeesTotal: 0
capitalizedTaxTotal: 0
creditTier: 1
creditTierDescription: "Super Elite"
dealerFees: [{dealerFeeTypeCode: 1050, dealerFeeAmount: 925, dealerFeeDesc: "Acquisition Fee",…}]
0: {dealerFeeTypeCode: 1050, dealerFeeAmount: 925, dealerFeeDesc: "Acquisition Fee",…}
dealerFeeAmount: 925
dealerFeeCapped: false
dealerFeeDesc: "Acquisition Fee"
dealerFeeTypeCode: 1050
dueAtSigning: 8000
effectiveResidualPercentage: 56
excessMileageCharge: 0.3
fees: {total: 0, cappedFeeTotal: 0, upfrontFeeTotal: 0, fee: {taxFee: []}}
firstPaymentDate: "2021-08-26"
isTaxCapped: false
lenderLegalName: "BMW Financial Services"
lenderName: "BMWFS"
lenderProgram: {programType: "Enhanced", programName: "SP", regionalId: 0, rateProgram: "BASIC",…}
minimumCashDown: 8000
monthlyPayment: 912.1
mutTaxAmount: 0
mutTaxRate: 0
mutTaxableBase: 0
netCashDown: 6162.9
outOfPocket: 8000
rateType: "MoneyFactor"
residualDollar: 47289.2
residualPercentage: 56
securityDeposit: 0
sellRate: 0.00093
term: 36
totalAllowance: 0
totalTax: 0
upfrontFeesTotal: 925

it says APR is 2.95, MF is 0.00093

the APR for 0.00093 should be 2.232 %

do you guys see on your contract the MF and APR?

[neilr_]

Originally Posted by f82fanatic

Why be average when you can be top quartile?

Search and you shall find. Deals are there to be had.

I've got contact info for a couple of brokers (I think you sent me one), but I'm curious about whether the PenFed service is of value. I'm not yet a member, so I can't get past that initial "this is the average savings" screen to see what they're actually offering.

[rodo94]

Originally Posted by rodo94

...
apr: 2.95
lenderLegalName: "BMW Financial Services"
lenderName: "BMWFS"
netCashDown: 6162.9
outOfPocket: 8000
rateType: "MoneyFactor"
residualPercentage: 56
sellRate: 0.00093
...

it says APR is 2.95, MF is 0.00093

the APR for 0.00093 should be 2.232 %

do you guys see on your contract the MF and APR?

so the dealer said the MF is 0.00133, I believe the added 0.00040-ish is dealer markup

it's near impossible to get 5% and a very good MF

[Pauleebe]

Originally Posted by rodo94

this is the data coming from dealers websites

adjustedCapCost: 75997.1
adjustedResidualValue: 47289.2
advanceFlatTax: 0
advanceSalesTax: 0
amountFinanced: 75997.1
appliedIncentiveAmount: 0
appliedIncentiveIds: [116805]
apr: 2.95
branchName: "WEST2"
capCostReduction: 6162.9
capCostReductionTax: 0
capCostTotal: 82160
capitalizedFeesTotal: 0
capitalizedTaxTotal: 0
creditTier: 1
creditTierDescription: "Super Elite"
dealerFees: [{dealerFeeTypeCode: 1050, dealerFeeAmount: 925, dealerFeeDesc: "Acquisition Fee",…}]
0: {dealerFeeTypeCode: 1050, dealerFeeAmount: 925, dealerFeeDesc: "Acquisition Fee",…}
dealerFeeAmount: 925
dealerFeeCapped: false
dealerFeeDesc: "Acquisition Fee"
dealerFeeTypeCode: 1050
dueAtSigning: 8000
effectiveResidualPercentage: 56
excessMileageCharge: 0.3
fees: {total: 0, cappedFeeTotal: 0, upfrontFeeTotal: 0, fee: {taxFee: []}}
firstPaymentDate: "2021-08-26"
isTaxCapped: false
lenderLegalName: "BMW Financial Services"
lenderName: "BMWFS"
lenderProgram: {programType: "Enhanced", programName: "SP", regionalId: 0, rateProgram: "BASIC",…}
minimumCashDown: 8000
monthlyPayment: 912.1
mutTaxAmount: 0
mutTaxRate: 0
mutTaxableBase: 0
netCashDown: 6162.9
outOfPocket: 8000
rateType: "MoneyFactor"
residualDollar: 47289.2
residualPercentage: 56
securityDeposit: 0
sellRate: 0.00093
term: 36
totalAllowance: 0
totalTax: 0
upfrontFeesTotal: 925

it says APR is 2.95, MF is 0.00093

the APR for 0.00093 should be 2.232 %

do you guys see on your contract the MF and APR?

MF is .00093. I posted that above. Anything above that is a dealer markup.

[ScottNY]

Does anybody know the average discount [lease if it matters] on a '21 X3 in the NY area? I have tried to find a broker who would help, but none seem to have or be interested in working with a '21 X3.

[Eris496]

Originally Posted by ScottNY

Does anybody know the average discount [lease if it matters] on a '21 X3 in the NY area? I have tried to find a broker who would help, but none seem to have or be interested in working with a '21 X3.

I am looking for a 22 x3, NJ dealers are mostly $500 off msrp and 1000+ fees. PA dealers have 3-4% off and reasonable fees.

[ScottNY]

Originally Posted by Eris496

I am looking for a 22 x3, NJ dealers are mostly $500 off msrp and 1000+ fees. PA dealers have 3-4% off and reasonable fees.

Thanks. I hope the discount is better for the '21s but I'm not so sure they will be. I live in NY, so depending on where in the tri-state area I purchase from, fees could go from reasonable to high.

[neilr_]

Originally Posted by Eris496

I am looking for a 22 x3, NJ dealers are mostly $500 off msrp and 1000+ fees. PA dealers have 3-4% off and reasonable fees.

I haven't used them myself yet, but have you looked at any of the brokers that have been mentioned? Several people report receiving ~7% off of MSRP. f82fanatic knows someone…

[Eris496]

Originally Posted by neilr_

I haven't used them myself yet, but have you looked at any of the brokers that have been mentioned? Several people report receiving ~7% off of MSRP. f82fanatic knows someone…

I have seen those ~7%, are they lease or finance? I think if lease, there are deals on leasehakr. I asked some dealers, they just cant sell with more discount
if cash or finance.

[f82fanatic]

Originally Posted by Eris496

I have seen those ~7%, are they lease or finance? I think if lease, there are deals on leasehakr. I asked some dealers, they just cant sell with more discount
if cash or finance.

That's right.

Not sure if 7% at this time, but it was that a few months ago a.

Maybe closer to 6%? But yes, Leasehackr is the spot.

It doesn't matter if it's a lease or financed, this number being quoted is before incentives.

Leasecompanion is highly recommended.

[RLSII]

I just want to give an update on my experience at Bergstrom. I picked up my 2022 X4 M40i on Saturday. Everything went as expected and as quoted. The staff was very pleasant to deal with. I got the 7.4% of MSRP. It cost me around 1% to fly up there from DFW and drive back, with one night hotel stay, gas and a small out of state fee, so I netted 6.4%. I would definitely recommend them.

[SeaZoobies]

Originally Posted by RLSII

I just want to give an update on my experience at Bergstrom. I picked up my 2022 X4 M40i on Saturday. Everything went as expected and as quoted. The staff was very pleasant to deal with. I got the 7.4% of MSRP. It cost me around 1% to fly up there from DFW and drive back, with one night hotel stay, gas and a small out of state fee, so I netted 6.4%. I would definitely recommend them.

Damn, What did you pay?