[Happy feet]

Hi, as the 25 230's have started hitting dealer ships what kind of discount should I shoot for % or dollars off sticker on a left over 24, there's not that many left in the north east. Or instead of a discounted heavenly optioned 24 am I better of ordering a less optioned 25 in the color combo that I want. (other than color and heated seats I'm not really big on extras especially electronics) A heavily optioned 230 starts to get within $5000 of a base 240

[angermgmt20]

Originally Posted by Happy feet

Hi, as the 25 230's have started hitting dealer ships what kind of discount should I shoot for % or dollars off sticker on a left over 24, there's not that many left in the north east. Or instead of a discounted heavenly optioned 24 am I better of ordering a less optioned 25 in the color combo that I want. (other than color and heated seats I'm not really big on extras especially electronics) A heavily optioned 230 starts to get within $5000 of a base 240

Where in the NE are you located?

[RockCrusher]

Originally Posted by Happy feet

Hi, as the 25 230's have started hitting dealer ships what kind of discount should I shoot for % or dollars off sticker on a left over 24, there's not that many left in the north east. Or instead of a discounted heavenly optioned 24 am I better of ordering a less optioned 25 in the color combo that I want. (other than color and heated seats I'm not really big on extras especially electronics) A heavily optioned 230 starts to get within $5000 of a base 240

My info is a car depreciates 10% from the *dealer's* cost the minute it is driven off the lot. Then it depreciates another 10% every year when next year's model arrives.

So if you pay sticker for a 2024 230i you are looking at a potential depreciation of around 20% or more. 'course, the depreciation isn't realized unless/until you go to sell or trade in the car.

But it is nice if you can swing the deal in your favor to avoid taking the full depreciation hit even if the hit is a paper one at least at first.

You can visit BMW 230i forums -- well, besides this one -- and read posts by others who have recently bought a 230i and learn what they did what they paid or what discount they might have been offered for an ordered car.

I'm interested in a M8 BMW. On the 8 series forum here I've read a person post that he was thinking of ordering 2025 model M8 and his dealer offered him a 10% off MSRP. And if he wanted. a 2024 model he was told there was a $6000 discount along with a $2000 loyalty discount.

And someone else chimed in of a $9000 discount on the 2024 models being available along with a $2000 loyalty discount. Maybe I would have been informed of that if I had ventured onto the lot but it is nice to have that info *before* venturing onto the lot. But you probably want to keep that info to yourself at least at first.

Why? Well, back in 2020 I went to buy a 2020 M-B cargo van. After a test drive of the van I wanted it. I held off giving the salesman my offer and he went to the sales manager and came back with a price that was $2000 *less* than my offer. By keeping my mouth shut I saved $2000.

Wait there's more...

You can research the 230i's price online. Some web sites will offer several numbers like suggested retail, "invoice", and a range of what cars have sold for. Can't recall the web site I used but it was probably www.kbb.com or www.nada.com. These are the ones I most often use for researching used (for trade in value) and new car prices.

The web site I did use gave me a invoice price for the M8 of $129.6K.

That gives me a starting place. But there is the flooring cost the dealer has in the car. A 2024 model anything has been on the lot for some months. I don't know what the dealer pays in interest but I use 5% (which is probably low). How this works is 5% divided by 12 means for the car the dealer pays 0.00417 times his cost of the car to his bank every month the car is on his lot.

Since you are considering a 230i let's stay with (roughly) 230i price.

So say the 230i dealer cost is $40,000. (Just a number.) The dealer then pays $167 per month to his banker. In a year that's $2000.

Some years back I tried to buy a new Boxster. I had all the numbers and worked out what I thought I could get the car for. Long story short after some negotiation I was unsuccessful. Puzzled by my failure -- I had some confidence in my numbers -- I left the dealer. Went to grab a bite to eat. And thought about why I was unsuccessful. It dawned on me my offer didn't take into account the dealer's flooring cost. I went back and finagled a look at the door jam sticker which had the car's manufacturing date (month/year) on it. I figured the car had been on the dealer's lot a month after it had been built. I estimated the dealer's flooring cost and upped my offer by that much. Sales manager sitting in the next booth over and unseen by me said "We'll take it." Even with the flooring cost added to my offer I still got the car for $5000 under sticker.

As an aside, if at some point you aren't negotiating with the sales manager you need to be. Only he can say "yes" to your offer. The salesman can only say "no" and will in the hopes you'll up your offer.

Ready to buy a new car I was talking to a salesman and he said he'd take my offer to his manager. He left. After a few minutes he returns with the news no sale. Suspicious I gave him a new offer but not much over my previous offer. He excused himself and walked away. I waited a count or two then followed him. Followed him and saw him turn into the dealer employee lounge where he lit up a cig. (This before CA enacted no smoking laws.) When the salesman came out I was gone. I bought a car but at another dealer.

You could start out by approaching the dealer with the opening gambit of ordering a 2025. At some point the salesman might bring up -- probably will bring up -- any leftover 2024s and you might be able to strike a good deal. Generally a dealer would prefer to sell you a car already on his lot rather than have you order one. It is possible you could order one then change your mind and the dealer is "stuck" with the ordered car.

OTOH, if you buy the leftover 2024 you can change your mind but you can't bring the car back...

By selling the leftover 2024 the dealer reduces his flooring cost outlay.

He can then order a car to replace the leftover 2024 230i but it could be a model that is the hotter seller. I mean the 2024 230i didn't sell for likely months so its sale is a win win for the dealer. First of course it is a sale. Second it is the opportunity to bring in a more in demand model which would sell more quickly.

Just some ideas. For every car buyer there's a car buying technique. I have used the above, some variations of the above, a number of times and have felt I swung a good deal, better than just walking in and paying sticker.

'course, someone always claims to have swung a better deal. Maybe. But based on my info at the time I felt I did as good as I could have.

Remember price is not fact only an opinion.

And there's always another car.

[Happy feet]

Near Portsmouth NH

[angermgmt20]

Originally Posted by Happy feet

Near Portsmouth NH

I got an incredible deal on my factory ordered '25 M240i at my local dealer but it took about 3 weeks of back and forth emails from 4 or 5 different dealers in MA, NH and Conn. If you need the car right away and are willing to pay more for the color/options you don't need/want then I would email/call the dealers that have the 24's and make offers. If the car has been on their lot for months I would start at 8-10% off MSRP.

If you don't need the car right away, want to pay for only the options/color you want and can wait ~10 to 12 weeks then look into a '25 factory order. Send emails to a bunch of dealers in the area, try the one that is most local to you and tell them you would prefer to buy there so you can have a relationship with that dealership right away and they know you will be getting service done there. Send me a PM and I can give you more about my experience.

P.S.-- this was my first ever experience dealing with BMW ,or any other brand, than Ford or GM.

[Happy feet]

Thank you , I won't have pm privileges for a week or 2 as I,m a new member, I will be reaching out to the ma/nh/ri dealers who have good colors left a little closer to the end of the month. I,m actually not in a rush as ideally I don't want it till april/may (after snow/salt season) but will buy now if the price is right cause of savings on excise tax insurance and savings on price of the car. Would you recommend Sudbury or shows bury if ordering ��

[angermgmt20]

Originally Posted by Happy feet

Thank you , I won't have pm privileges for a week or 2 as I,m a new member, I will be reaching out to the ma/nh/ri dealers who have good colors left a little closer to the end of the month. I,m actually not in a rush as ideally I don't want it till april/may (after snow/salt season) but will buy now if the price is right cause of savings on excise tax insurance and savings on price of the car. Would you recommend Sudbury or shows bury if ordering ��

Let me know if you decide to order. I can talk to the GSM where I am purchasing and see what he says. I almost bought from Tulley BMW but my local dealer stepped in on time. Tulley was still going to give an awesome deal but they were a PITA to deal with and wanted a crazy amount to put down for the deposit. They are much closer to you so they might be able to give you as great of a deal they were going to give me. I was around 9% off MSRP on my M240ix.