[AdonisP91]

Originally Posted by Racerinlsl

Dealer invoice on 2 series runs around 5.5-6%. 3k was a great deal.

I don’t know if it is different here in Canada, but I was told the dealer invoice is 7%. The manager offered to show it to me, I figured if he was willing to do that chances are he isn’t lying. I didn’t actually look at it though.

We split the difference so I got 3.5% off. I think I could have probably pushed for a bit more, maybe 4%. I did get the mats thrown in so it was about 3k off as well.

[angermgmt20]

Late to the party, but, here was my deal I got back in Oct. 2024 on my factory ordered 2025 M240i XDrive. Right around 10.25% off MSRP. Took me about a month of back and forth emails with 4 dealers.

A month later I got a local forum member about 10% off his 2025 M240i RWD.

[AdonisP91]

Originally Posted by angermgmt20

Late to the party, but, here was my deal I got back in Oct. 2024 on my factory ordered 2025 M240i XDrive. Right around 10.25% off MSRP. Took me about a month of back and forth emails with 4 dealers.

A month later I got a local forum member about 10% off his 2025 M240i RWD.

That’s an amazing deal. But I still can’t wrap my head around the US pricing. I just mocked up my build on BMWUSA, the MSRP is $63,750 USD, but taking the conversion rate into account I paid $50,415 USD.

It’s no wonder when buying in Canada the bill of sale has a stipulation that you can not export the vehicle. If anything more cars are surely sold in the US so you’d expect the price to be lower due to economies of scale.

[IanH]

Originally Posted by AdonisP91

That’s an amazing deal. But I still can’t wrap my head around the US pricing. I just mocked up my build on BMWUSA, the MSRP is $63,750 USD, but taking the conversion rate into account I paid $50,415 USD.

It’s no wonder when buying in Canada the bill of sale has a stipulation that you can not export the vehicle. If anything more cars are surely sold in the US so you’d expect the price to be lower due to economies of scale.

Canadians make less money and pay more taxes if you account for it in USD, so they have to discount the car to sell. They are making less profit.

I don't say any of that as a knock on Canadians of course, just an economic analysis.

[Stick435]

Here is the lease quote I got for $56,125 purchase price:

$900/month for 36 months with $2500 down. I will put down between $10-12K though, which drops it to around $633/month.

buyout/adjusted residual value: $29,000

7500 miles/yr limit

Money Factor: .00250 which comes to 6%

[IanH]

Originally Posted by Stick435

Here is the lease quote I got for $56,125 purchase price:

$900/month for 36 months with $2500 down. I will put down between $10-12K though, which drops it to around $633/month.

buyout/adjusted residual value: $29,000

7500 miles/yr limit

Money Factor: .00250 which comes to 6%

No money down on a lease.

7500mi super low.

Seems like they are not willing to deal, I would get more dealers involved.

$200 one way flight and the drive back is cheaper than getting boned on the sale.

[Stick435]

I only drive $1500 miles a year or so since I work from home. But I managed to move a bit of money around and am just going to pay cash.

[Racerinlsl]

I'm a proponent of leasing in many situations, but under no situation is putting a big chunk of money down on a lease a good idea.

[Racerinlsl]

Originally Posted by angermgmt20

Late to the party, but, here was my deal I got back in Oct. 2024 on my factory ordered 2025 M240i XDrive. Right around 10.25% off MSRP. Took me about a month of back and forth emails with 4 dealers.

A month later I got a local forum member about 10% off his 2025 M240i RWD.

That's an absolute ridiculous deal! Nice work. Even with dealer holdback which is 1.5-3% on BMWs, it seems like you somehow got the car without them making a penny and possibly losing money.

[angermgmt20]

Originally Posted by Racerinlsl

That's an absolute ridiculous deal! Nice work. Even with dealer holdback which is 1.5-3% on BMWs, it seems like you somehow got the car without them making a penny and possibly losing money.

I think the fact that they are the closest dealership to me and the fact that I brought it up when negotiating, they know they will make it back thru the Service Dept.

[Racerinlsl]

Originally Posted by angermgmt20

I think the fact that they are the closest dealership to me and the fact that I brought it up when negotiating, they know they will make it back thru the Service Dept.

Sales departments and service departments, while symbiotic, have very different targets and goals. Coming from someone that was in the business for a long time....you got a crazy good deal, even if it were a car that was over-produced and collecting dust on the lots. It genuinely doesn't make mathematical sense considering what invoice pricing is and what the dealer holdback typically is on BMWs. I can't see a way where they had more than 10% absolute total profit in the car. Kudos!

[angermgmt20]

Originally Posted by Racerinlsl

Sales departments and service departments, while symbiotic, have very different targets and goals. Coming from someone that was in the business for a long time....you got a crazy good deal, even if it were a car that was over-produced and collecting dust on the lots. It genuinely doesn't make mathematical sense considering what invoice pricing is and what the dealer holdback typically is on BMWs. I can't see a way where they had more than 10% absolute total profit in the car. Kudos!

I appreciate it sir! And not to brag, but, I really couldn't believe how easy it was to get the deal. I went into it thinking and expecting at the MOST 6%-7% off MSRP. I only contacted 6 dealerships in 3 states close to me. The stars just happened to align for me.

[IanH]

Not to knock the deal that is being discussed, but aren't there like 3 other recent deals in this thread with even deeper discounts?

I actually see my 3k off as a mediocre deal relative to what others have gotten.

[angermgmt20]

Originally Posted by IanH

Not to knock the deal that is being discussed, but aren't there like 3 other recent deals in this thread with even deeper discounts?

I actually see my 3k off as a mediocre deal relative to what others have gotten.

If you're talking about my deal, I have seen/heard of others getting 9%-10% off. Although I'm not sure if those were factory ordered and/or included any rebates. My deal didn't include rebates and was factory ordered. When I first started looking into discounts, I was seeing/hearing that I would be lucky getting 6%-7% off. I think I got really lucky.