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Originally Posted by Below Speed Limit
Quote:
Originally Posted by M3NNIS
What makes you think this is invoice? This price is absolutely a good deal on this car.
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Invoice on the M5 is usually around 92-93% of the MSRP price. When you do the math, invoice minus 1500 which is what everyone should be getting these days makes around 121900. So him getting 121830 is inline with the invoice minus 100 number.
IMO, no dealer will sell the car below invoice at a loss unless they are able to hit you back from some other place, such as:
- Bad trade
- Bad MF or Finance APR
- Cap cost reduction/down payment
- Marked up Acquisition fee or Doc fee
- Tire & Wheel insurance or any other similar packages you may buy
It makes no sense to sell a 130k car at a loss, unless there is some other incentive going on. You also have to remember each car sitting in dealer's lot has a floor planning cost, which is the cost of keeping the car at the dealership.
One last thing : a lot of these "crazy" deals are for cars that are sitting in the lots, test driven by 50 people possibly, and has been sitting in the lot for weeks/months hooked up to a battery charger. Now if you can get the same deal on a customer order car, that is a "decent" deal. I would never buy any M car off the lot. |
So 92.5 which is cost( not counting the costs the dealer has prepping and sitting on car) minus 1500 is $122,241 so I can assure you the dealer is losing money on this deal. He probably needed to move units. That mean its a good ass deal.
For the op it's to much money. So you gotta get one that doesn't have stuff you don't want.
Why do people think that they should get more discounts because a car has options they don't want on it. It's not the dealers fault. Lol