Official G42 M240i / 2 Series Quotes, Pricing and Lease Rates Thread

vert shaper · 03-29-2022, 08:59 PM

Quote:

Originally Posted by Golddog

I was trying to help a member of my credit union get a car. They were interested in a Kia Forte. I called three dealerships and they all were adding anywhere from 2k to 5k over MSRP. For a farkin Forte.

That is nuts. I'm getting my m240 at msrp + $300 "doc fee." I figured that's not too bad since my local dealer didn't have an allocation and was doing $900 over, and the other dealer relatively nearby that had an allocation was a firm $2000 over.

mzimand · 03-31-2022, 01:51 PM

I just picked up mine in So Cal for MSRP. I got lucky and reserved it while in transport. I had just sold my 2020 GT4 and needed a fun daily. When I got there to pickup the car it had the $5000 markup already on the window. But they honored the agreed MSRP.

MPR · 04-04-2022, 04:20 PM

Was quoted today at $5,000 over MSRP, and then around $800 in doc fees, plus tax, etc. Out the door is around $67,000 USD.

Needless to say, I thanked him for his time and to call me if he wants to sell a car. I'm going to try other dealers.

bmw16 · 04-04-2022, 05:10 PM

Quote:

Originally Posted by MPR

Was quoted today at $5,000 over MSRP, and then around $800 in doc fees, plus tax, etc. Out the door is around $67,000 USD.

Needless to say, I thanked him for his time and to call me if he wants to sell a car. I'm going to try other dealers.

Which NJ dealer was 5K over MSRP?

MPR · 04-04-2022, 05:27 PM

Quote:

Originally Posted by bmw16

Which NJ dealer was 5K over MSRP?

Circle BMW, Eatontown NJ

Going to try Freehold and Flemington. Circle is closest to me, has great reviews, and has enthusiast events I believe. I'll likely go there for service.

Flemington offered MSRP over the phone, but said it'll be a wait due to allocation, 4-5 months or less

bmw16 · 04-04-2022, 05:56 PM

Unfortunately, allocation is the current issue.

MPR · 04-04-2022, 07:22 PM

Down payment made. Circle BMW takes weeks to get the ball rolling, Flemington was one phone call, and they already have my deposit. Sales guy is super cool, drives an M340.

Ravenseal · 04-04-2022, 07:42 PM

Quote:

Originally Posted by MPR

Down payment made. Circle BMW takes weeks to get the ball rolling, Flemington was one phone call, and they already have my deposit. Sales guy is super cool, drives an M340.

Grats!

MPR · 04-04-2022, 08:11 PM

Thanks, though I'm reading now that the ACC option isn't available anymore, which I didn't realize. Getting nervous about spending 60k on a car with no ACC, no passenger lumbar, and possibility of other missing stuff. Bummer

shaman420 · 04-05-2022, 01:22 PM

Quote:

Originally Posted by mzimand

I just picked up mine in So Cal for MSRP. I got lucky and reserved it while in transport. I had just sold my 2020 GT4 and needed a fun daily. When I got there to pickup the car it had the $5000 markup already on the window. But they honored the agreed MSRP.

I went down to San Diego to avoid paying mark ups in OC lol

NoSuchSol · 04-05-2022, 03:45 PM

BMW of Murrieta has a red one up and IIRC they were at MSRP. Irvine BMW and Bob Smith BMW were over MSRP at the time. (For the California Peeps)

OriginalFake · 04-05-2022, 04:08 PM

I placed an order for an M240i yesterday. Straight MSRP and Performance Center delivery. I'm interested to see when I get a build slot. My dealer thinks it'll be June but I have a feeling it'll be a little later which is fine by me.

applecst · 04-05-2022, 04:34 PM

I have an allocation for a thunder night 240 in monrovia BMW currently scheduled for production. If anyone in socal is looking for one, lmk.

BrownTown69 · 04-07-2022, 01:54 PM

Placed my order for a TNM car on 4/4. Leasing at 36/10k came out to just over $900/month. A bit higher than the payment estimator in the Build Your Own area of the site, which coincidentally, is different from the payment estimator found in the "Shopping" area of the BMWUSA site. Odd, but oh well. Very excited.

Golddog · 04-07-2022, 02:00 PM

These lease figures I am seeing are nuts. $900mo. is crazy for a $55K car.

BrownTown69 · 04-07-2022, 02:11 PM

Quote:

Originally Posted by Golddog

These lease figures I am seeing are nuts. $900mo. is crazy for a $55K car.

Agreed. It has me considering traditional financing instead.

Jonesymx29 · 04-07-2022, 08:56 PM

Quote:

Originally Posted by BrownTown69

Quote:

Originally Posted by Golddog

These lease figures I am seeing are nuts. $900mo. is crazy for a $55K car.

Agreed. It has me considering traditional financing instead.

At that sort of rate if you're financing, I'd think you'd owe less than what the buyout would be after 36 months, too.

Ravenseal · 04-07-2022, 09:54 PM

Quote:

Originally Posted by Golddog

These lease figures I am seeing are nuts. $900mo. is crazy for a $55K car.

If you're not keeping track of fed rates, they're going up very quickly and will continue to increase as a counter inflation measure. BMW is no longer doing 1.9% loans.

Golddog · 04-08-2022, 09:06 AM

It’s just a sucky time to buy/lease period.

CarsAndGuitars · 04-08-2022, 04:19 PM

Quote:

Originally Posted by Golddog

It’s just a sucky time to buy/lease period.

Flipping another late model car and getting top $ helps with some of the sting.

Golddog · 04-08-2022, 04:50 PM

Quote:

Originally Posted by CarsAndGuitars

Flipping another late model car and getting top $ helps with some of the sting.

True, netted $11k on the sale of my 2019 Corvette GS last April.

ZacMatic · 04-08-2022, 08:09 PM

I purchased the M240i that I ordered in December today and was shocked to learn that the dealer had locked in the 1.9% interest rate from BMWFS when I did the credit application in December. According to the F&I manager, they now do rate locks for up to 4 months.

03-31-2022, 01:51 PM	#46
mzimand Private 144 Rep 90 Posts Drives: 2023 M2 Join Date: Mar 2022 Location: Los Angeles iTrader: (0)	I just picked up mine in So Cal for MSRP. I got lucky and reserved it while in transport. I had just sold my 2020 GT4 and needed a fun daily. When I got there to pickup the car it had the $5000 markup already on the window. But they honored the agreed MSRP.
	Appreciate 1 shaman42090.50 Quote

04-04-2022, 04:20 PM	#47
MPR Colonel 1951 Rep 2,127 Posts Drives: 22 M240i Join Date: Jan 2011 Location: NJ iTrader: (0)	Was quoted today at $5,000 over MSRP, and then around $800 in doc fees, plus tax, etc. Out the door is around $67,000 USD. Needless to say, I thanked him for his time and to call me if he wants to sell a car. I'm going to try other dealers.
	Appreciate 1 Bimmer Pleaser212.00 Quote

04-04-2022, 05:56 PM	#50
bmw16 New Member 23 Rep 27 Posts Drives: 2021 bmw m340i, 2022 bmw m240i Join Date: Feb 2022 Location: NJ iTrader: (0)	Unfortunately, allocation is the current issue.
	Appreciate 0 Quote

04-04-2022, 07:22 PM	#51
MPR Colonel 1951 Rep 2,127 Posts Drives: 22 M240i Join Date: Jan 2011 Location: NJ iTrader: (0)	Down payment made. Circle BMW takes weeks to get the ball rolling, Flemington was one phone call, and they already have my deposit. Sales guy is super cool, drives an M340.
	Appreciate 1 jbazz258.00 Quote

04-04-2022, 08:11 PM	#53
MPR Colonel 1951 Rep 2,127 Posts Drives: 22 M240i Join Date: Jan 2011 Location: NJ iTrader: (0)	Thanks, though I'm reading now that the ACC option isn't available anymore, which I didn't realize. Getting nervous about spending 60k on a car with no ACC, no passenger lumbar, and possibility of other missing stuff. Bummer
	Appreciate 0 Quote

04-05-2022, 03:45 PM	#55
NoSuchSol Second Lieutenant 174 Rep 280 Posts Drives: 23 G80 Yellow Join Date: Oct 2019 Location: California iTrader: (0)	BMW of Murrieta has a red one up and IIRC they were at MSRP. Irvine BMW and Bob Smith BMW were over MSRP at the time. (For the California Peeps)
	Appreciate 0 Quote

04-05-2022, 04:08 PM	#56
OriginalFake Captain 577 Rep 613 Posts Drives: 2023 M240i Join Date: Jul 2010 Location: NC iTrader: (0)	I placed an order for an M240i yesterday. Straight MSRP and Performance Center delivery. I'm interested to see when I get a build slot. My dealer thinks it'll be June but I have a feeling it'll be a little later which is fine by me.
	Appreciate 0 Quote

04-05-2022, 04:34 PM	#57
applecst First Lieutenant 255 Rep 317 Posts Drives: G42 M240i Join Date: Jan 2022 Location: LA iTrader: (0)	I have an allocation for a thunder night 240 in monrovia BMW currently scheduled for production. If anyone in socal is looking for one, lmk. __________________ I doubt, therefore I might be.
	Appreciate 0 Quote

04-07-2022, 01:54 PM	#58
BrownTown69 Registered 2 Rep 2 Posts Drives: 2001 740iL, 2022 M240i Join Date: Apr 2022 Location: FL iTrader: (0)	Placed my order for a TNM car on 4/4. Leasing at 36/10k came out to just over $900/month. A bit higher than the payment estimator in the Build Your Own area of the site, which coincidentally, is different from the payment estimator found in the "Shopping" area of the BMWUSA site. Odd, but oh well. Very excited.
	Appreciate 0 Quote

04-07-2022, 02:00 PM	#59
Golddog First Lieutenant 568 Rep 300 Posts Drives: 2022 Alfa Romeo Stelvio Join Date: Feb 2022 Location: NW Indiana iTrader: (0)	These lease figures I am seeing are nuts. $900mo. is crazy for a $55K car. __________________ 2021 Alfa Romeo Stelvio Veloce 2022 Chrysler Pacifica Touring L AWD (dog van)
	Appreciate 1 Mrbig5hot4.00 Quote

04-08-2022, 09:06 AM	#63
Golddog First Lieutenant 568 Rep 300 Posts Drives: 2022 Alfa Romeo Stelvio Join Date: Feb 2022 Location: NW Indiana iTrader: (0)	It’s just a sucky time to buy/lease period. __________________ 2021 Alfa Romeo Stelvio Veloce 2022 Chrysler Pacifica Touring L AWD (dog van)
	Appreciate 0 Quote

04-08-2022, 08:09 PM	#66
ZacMatic Private 85 Rep 64 Posts Drives: 2022 BMW M240i xDrive Join Date: Dec 2021 Location: Seattle iTrader: (0)	I purchased the M240i that I ordered in December today and was shocked to learn that the dealer had locked in the 1.9% interest rate from BMWFS when I did the credit application in December. According to the F&I manager, they now do rate locks for up to 4 months.
	Appreciate 0 Quote