Starting to see good discounts on in stock cars

[m3m3m3]

I was checking out Autotrader and noticed there are quite a few dealers discounting new M5s.. Ranging from $500-$7K off MSRP.

With the LCI coming soon and this abundant supply of cars on dealers lots, do you guys think there will be even more discounting?

[johnsama86]

Originally Posted by m3m3m3

I was checking out Autotrader and noticed there are quite a few dealers discounting new M5s.. Ranging from $500-$7K off MSRP.

With the LCI coming soon and this abundant supply of cars on dealers lots, do you guys think there will be even more discounting?

are those new new new M5s with less than 10kms?

[m3m3m3]

Brand new cars on dealer lots

[pochesq]

Originally Posted by m3m3m3

I was checking out Autotrader and noticed there are quite a few dealers discounting new M5s.. Ranging from $500-$7K off MSRP.

With the LCI coming soon and this abundant supply of cars on dealers lots, do you guys think there will be even more discounting?

I'm seeing at least $500 to $1000 below invoice in Southern California, which equates to about a 8% discount off MSRP!! If anyone has found any better deals, then please send me a PM.

[ptt]

In market for an AW one in Houston area. Please PM with deals.

[pochesq]

Just received this initial lease offer from a SoCal dealer. Didn't even try to negotiate it down:

Hi, this lease is for a M5 black sapphire with these options...
ZDA DRIVER ASSISTANCE PACKAGE
ZEC EXECUTIVE PACKAGE
2NZ WHEELS: 20 X 9 FR/20 X 10 RR M LIGHT ALL
6F2 BANG & OLUFSEN SOUND SYSTEM

36 months
10000 miles
$2400 out of pocket
$1382 plus tax

[gsc]

Originally Posted by pochesq

Just received this initial lease offer from a SoCal dealer. Didn't even try to negotiate it down:

Hi, this lease is for a M5 black sapphire with these options...
ZDA DRIVER ASSISTANCE PACKAGE
ZEC EXECUTIVE PACKAGE
2NZ WHEELS: 20 X 9 FR/20 X 10 RR M LIGHT ALL
6F2 BANG & OLUFSEN SOUND SYSTEM

36 months
10000 miles
$2400 out of pocket
$1382 plus tax

I am getting a similar deal except with 1900 out of pocket for 1499 out here in NY> These MOFo's don't seem to be too aggressive on moving the inventory.

GSC

[pochesq]

Originally Posted by gsc

I am getting a similar deal except with 1900 out of pocket for 1499 out here in NY> These MOFo's don't seem to be too aggressive on moving the inventory.

GSC

Give it another month or two then we will really see how aggressive the dealers will price the units on the lot. Hopefully they will increase the residual value to make the leases more attractive

[gsc]

Originally Posted by pochesq

Give it another month or two then we will really see how aggressive the dealers will price the units on the lot. Hopefully they will increase the residual value to make the leases more attractive

Hope so...Wanting this whip pretty bad.

[SuddenDebt]

Originally Posted by gsc

Hope so...Wanting this whip pretty bad.

I tried negotiating with Park Ave BMW and the best offer they gave me was Invoice + $2k.

$6k Out of Pocket (Includes NYC tax)
$1401 per month 36/10k

SD

[m3m3m3]

Originally Posted by pochesq

Give it another month or two then we will really see how aggressive the dealers will price the units on the lot. Hopefully they will increase the residual value to make the leases more attractive

Yea the BMW residual is horrific on the M5.

Come July/Aug I hope we will see more aggressive discounts since LCI update will be out...

[koxal]

Originally Posted by SuddenDebt

I tried negotiating with Park Ave BMW and the best offer they gave me was Invoice + $2k.

$6k Out of Pocket (Includes NYC tax)
$1401 per month 36/10k

SD

thats not good at all...

have u tried multiple security deposit?
you can save a lot with that..

[SuddenDebt]

Originally Posted by koxal

thats not good at all...

have u tried multiple security deposit?
you can save a lot with that..

I was able to get the following deal through Steve Thomas

Invoice - $500
$2300 out of pocket
$1283 per month (including tax) 36m/10k

Plus i had to pay coast to coast shipping $1150

Even after that i think it was a good deal so I got it.

SD

[Bmanny]

Originally Posted by SuddenDebt

I was able to get the following deal through Steve Thomas

Invoice - $500
$2300 out of pocket
$1283 per month (including tax) 36m/10k

Plus i had to pay coast to coast shipping $1150

Even after that i think it was a good deal so I got it.

SD

What was your MSRP? Options?

[SuddenDebt]

Originally Posted by Bmanny

What was your MSRP? Options?

Sakhir Orange/Black Interior
MSRP $98295
Executive Package, 20 inch Rims

SD

[shchow]

I was just at my local dealer last week for test drive.
No options except HUD...36 month/12k/no money down (other than the usual 1st month deposit)...
The best he could do was $1400/month.

I also suggested taking their existing stock if the deal was right.
No luck, no discount on existing stock.
He then explained MSD (multiple security deposits) to me and how that could lower the monthly payments.
Apparently, you can place up to max 7 MSDs.

[Bmanny]

Originally Posted by SuddenDebt

Sakhir Orange/Black Interior
MSRP $98295
Executive Package, 20 inch Rims

SD

Pretty Good deal

[NlckyBlack]

Originally Posted by SuddenDebt

Sakhir Orange/Black Interior
MSRP $98295
Executive Package, 20 inch Rims

SD

Decent deal and those are the only options you really need, the rest are extra.

[NlckyBlack]

Originally Posted by SuddenDebt

I tried negotiating with Park Ave BMW and the best offer they gave me was Invoice + $2k.

$6k Out of Pocket (Includes NYC tax)
$1401 per month 36/10k

SD

THis isn't a good deal at all

[positiveions]

Originally Posted by SuddenDebt

I was able to get the following deal through Steve Thomas

Invoice - $500
$2300 out of pocket
$1283 per month (including tax) 36m/10k

Plus i had to pay coast to coast shipping $1150

Even after that i think it was a good deal so I got it.

SD

That is really good.