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      06-08-2020, 08:18 PM   #23
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I was offered $1482/month (includes 7.5% tax) with $1599 lease protection included on a $162K MRSP M8 Competition Coupe today. $33K discount off MRSP including loyalty. This was on a 36/10 lease with 89K residual and 0.0014 money factor. $0 cash down and First payment plus acquisition at drive off.

Good deal or better deals to be had on the Coupe this month?
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      06-09-2020, 12:26 AM   #24
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This is the lowest lease I have seen.

I am at 1640 inc 9.25 tax with full maintenance package. Just drive offs. I got a great deal and one of the lowest but car was purchased on dec last year

Money factors dropped from when I purchased. Don’t think you will get much more than this

I love the car. You will not be disappointed

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Originally Posted by DadzM8 View Post
I was offered $1482/month (includes 7.5% tax) with $1599 lease protection included on a $162K MRSP M8 Competition Coupe today. $33K discount off MRSP including loyalty. This was on a 36/10 lease with 89K residual and 0.0014 money factor. $0 cash down and First payment plus acquisition at drive off.

Good deal or better deals to be had on the Coupe this month?
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      06-09-2020, 08:19 AM   #25
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Originally Posted by DadzM8 View Post
I was offered $1482/month (includes 7.5% tax) with $1599 lease protection included on a $162K MRSP M8 Competition Coupe today. $33K discount off MRSP including loyalty. This was on a 36/10 lease with 89K residual and 0.0014 money factor. $0 cash down and First payment plus acquisition at drive off.

Good deal or better deals to be had on the Coupe this month?
lease protection is almost always a rip off, you don't need it and if you really want it - you can buy it directly for around $300 for up to $2000 in coverage.
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      06-09-2020, 12:56 PM   #26
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Originally Posted by DadzM8 View Post
I was offered $1482/month (includes 7.5% tax) with $1599 lease protection included on a $162K MRSP M8 Competition Coupe today. $33K discount off MRSP including loyalty. This was on a 36/10 lease with 89K residual and 0.0014 money factor. $0 cash down and First payment plus acquisition at drive off.

Good deal or better deals to be had on the Coupe this month?

Looks like a 18.5% discount w/o loyalty and lightly marked-up MF. Should be at 0.00118

Think you can do better but it depends how much you love the build. The car is not expensive and sometimes the config take priority over the lowest price...
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      06-09-2020, 01:13 PM   #27
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Originally Posted by Wolfman64 View Post
Looks like a 18.5% discount w/o loyalty and lightly marked-up MF. Should be at 0.00118

Think you can do better but it depends how much you love the build. The car is not expensive and sometimes the config take priority over the lowest price...
Its a good deal as things clear up... why do I say this? Because the #1 dealer (Crevier) in the country is getting minute allocations on all models due to lack of production so others are getting even less. Even a slow mover has a supply and demand threshold where the dealer will say "fuck it" Im going to hold on to this car.

At some point if we want the car we just to sign and drive cause if we nickel and dime further that "other" person will come and grab it. 992's are going this way now- pre covid the max was 5-6% off and then right at the start one could get from 8-9% off but then dealers realized they wont get any more cars till August or even later. Demand superseded supply and boom the 992's were selling back at the 5% and lower. Now do I see this with the M8; not so much but if you can get 20% off plus a tick of flagship it might be a good thing. In reality they only have 11% at triple net plus flagship so they are taking a "digger" and holding some of the flag. It has to be a 2019 production car (still a MY2020).
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      06-09-2020, 04:05 PM   #28
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Originally Posted by Vic55 View Post
Its a good deal as things clear up... why do I say this? Because the #1 dealer (Crevier) in the country is getting minute allocations on all models due to lack of production so others are getting even less. Even a slow mover has a supply and demand threshold where the dealer will say "fuck it" Im going to hold on to this car.

At some point if we want the car we just to sign and drive cause if we nickel and dime further that "other" person will come and grab it. 992's are going this way now- pre covid the max was 5-6% off and then right at the start one could get from 8-9% off but then dealers realized they wont get any more cars till August or even later. Demand superseded supply and boom the 992's were selling back at the 5% and lower. Now do I see this with the M8; not so much but if you can get 20% off plus a tick of flagship it might be a good thing. In reality they only have 11% at triple net plus flagship so they are taking a "digger" and holding some of the flag. It has to be a 2019 production car (still a MY2020).
Legitimate points and my comments seem too harsh in hindsight
I did say if it's the right build, that is the priority

The crazy thing is that we are incredibly spoiled with unheard of discounts on such a newly released car. BMW just messed up the launch that left so many dealers with expensive and slow moving inventory.

I remember getting our newly released E63s ED.1 in late 2017. Felt like a crazy good deal to get some discount while that car wasn't available in all parts of the country.

That said, apart from different regional supply/demand differences I don't see the discounts on the remaining 2020 M8's going away or dropping dramatically. Customers will not differentiate between a late 19 and early 20 build or if one is HEI or not. It's a 2020 and eventually will sit in the same showroom with 21 models.
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      06-09-2020, 04:21 PM   #29
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Originally Posted by Wolfman64 View Post
Legitimate points and my comments seem too harsh in hindsight
I did say if it's the right build, that is the priority

The crazy thing is that we are incredibly spoiled with unheard of discounts on such a newly released car. BMW just messed up the launch that left so many dealers with expensive and slow moving inventory.

I remember getting our newly released E63s ED.1 in late 2017. Felt like a crazy good deal to get some discount while that car wasn't available in all parts of the country.

That said, apart from different regional supply/demand differences I don't see the discounts on the remaining 2020 M8's going away or dropping dramatically. Customers will not differentiate between a late 19 and early 20 build or if one is HEI or not. It's a 2020 and eventually will sit in the same showroom with 21 models.
Yeah I wasnt quoting you to disagree as you know. I just dont think with the lack of production that discounts will go as far a complete and total loss including flagship which some have seen. There of course, will be great discounts to your point. The key will be getting the 2019 production on the door jam because the flagship is greater.

I remember when I got my Ed1 E63S--- I think was one of the first to get it released from the ports with the certification snafus; I only got a smaller discount compared to my normal triple net. My factory guy even said- "dont ask cause you wont get it and I saved you an extra car" I guess first kid on the block pays all the juice
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      06-09-2020, 04:37 PM   #30
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Originally Posted by Vic55 View Post
Yeah I wasnt quoting you to disagree as you know. I just dont think with the lack of production that discounts will go as far a complete and total loss including flagship which some have seen. There of course, will be great discounts to your point. The key will be getting the 2019 production on the door jam because the flagship is greater.

I remember when I got my Ed1 E63S--- I think was one of the first to get it released from the ports with the certification snafus; I only got a smaller discount compared to my normal triple net. My factory guy even said- "dont ask cause you wont get it and I saved you an extra car" I guess first kid on the block pays all the juice
Agreed.

Am curious to see how BMW is trying to recover it's pricing/discounts on the 2021's. Seems difficult to come back from 15%-20% off with no changes to their cars specs.
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      06-09-2020, 04:46 PM   #31
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Quote:
Originally Posted by Wolfman64 View Post
Agreed.

Am curious to see how BMW is trying to recover it's pricing/discounts on the 2021's. Seems difficult to come back from 15%-20% off with no changes to their cars specs.
Sadly I dont know if they will with the 8 series... but then what high end coupe in the Benz or BMW world is ever solid from a pricing perspective. Benz is still getting crushed on the 2019 GT63S's (technically a coupe) and they wont even help their dealer network move them with trunk vs BMW FS monies. Then you have the dreaded S63 Coupe LOL.

Even the M5 after a month or so was going on firesales back in q3 and q4 of 2018. The 2019's and then 2020's all followed suit with triple cut backs plus loyalty plus tiny little MF's. BMW AG loves its captive cause its particpating so much in its ability to lease these cars. Id bet the AG is guaranteeing multiple points on the majority of the cars's residuals.
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      06-10-2020, 10:02 AM   #32
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Quote:
Originally Posted by Vic55 View Post
Its a good deal as things clear up... why do I say this? Because the #1 dealer (Crevier) in the country is getting minute allocations on all models due to lack of production so others are getting even less. Even a slow mover has a supply and demand threshold where the dealer will say "fuck it" Im going to hold on to this car.

At some point if we want the car we just to sign and drive cause if we nickel and dime further that "other" person will come and grab it. 992's are going this way now- pre covid the max was 5-6% off and then right at the start one could get from 8-9% off but then dealers realized they wont get any more cars till August or even later. Demand superseded supply and boom the 992's were selling back at the 5% and lower. Now do I see this with the M8; not so much but if you can get 20% off plus a tick of flagship it might be a good thing. In reality they only have 11% at triple net plus flagship so they are taking a "digger" and holding some of the flag. It has to be a 2019 production car (still a MY2020).
Vic you are spot on in regards to the 992. I was lucky enough to get one in March but the prices have steadily crept up. I inquired about a 992 Turbo S and all of the dealers I spoke to would not budge off MSRP.
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      06-10-2020, 10:04 AM   #33
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Originally Posted by diononiz View Post
Vic you are spot on in regards to the 992. I was lucky enough to get one in March but the prices have steadily crept up. I inquired about a 992 Turbo S and all of the dealers I spoke to would not budge off MSRP.
Yeah no one will early deal on a Turbo S (992)---- its getting rave performance reviews and will be a street crusher trapping higher 130's in the low 10's stock.
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      06-10-2020, 11:01 AM   #34
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Quote:
Originally Posted by Vic55 View Post
Quote:
Originally Posted by diononiz View Post
Vic you are spot on in regards to the 992. I was lucky enough to get one in March but the prices have steadily crept up. I inquired about a 992 Turbo S and all of the dealers I spoke to would not budge off MSRP.
Yeah no one will early deal on a Turbo S (992)---- its getting rave performance reviews and will be a street crusher trapping higher 130's in the low 10's stock.
Just one thing to add:

"... trapping high 130s in the low 10s stock every time and as many times as you like."
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      06-10-2020, 02:38 PM   #35
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Yeah no one will early deal on a Turbo S (992)---- its getting rave performance reviews and will be a street crusher trapping higher 130's in the low 10's stock.
I heard that with Cup2 or drag slicks in the rear it should hit high 9s totally stock.

Going to be crazy with a tune and even crazier with the standard bolt ons.
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      06-10-2020, 04:24 PM   #36
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Quote:
Originally Posted by Wolfman64 View Post
Legitimate points and my comments seem too harsh in hindsight
I did say if it's the right build, that is the priority

The crazy thing is that we are incredibly spoiled with unheard of discounts on such a newly released car. BMW just messed up the launch that left so many dealers with expensive and slow moving inventory.

I remember getting our newly released E63s ED.1 in late 2017. Felt like a crazy good deal to get some discount while that car wasn't available in all parts of the country.

That said, apart from different regional supply/demand differences I don't see the discounts on the remaining 2020 M8's going away or dropping dramatically. Customers will not differentiate between a late 19 and early 20 build or if one is HEI or not. It's a 2020 and eventually will sit in the same showroom with 21 models.
Guys - thank you for your comments. I love the build. It is one of my 2 preferred choice colors with the exterior carbon pack, B&W stereo and usual driver aids ( which I can take or leave). I will not track it, so I do not feel like I need to pay for the ceramics. I will road rally it, as we have a number of great road rally events here in the state.

I put the holding deposit today on the car today and will pick up her up on Saturday. Thanks so much for your comments, help and education!
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      06-11-2020, 07:41 PM   #37
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Quote:
Originally Posted by Vic55 View Post
Quote:
Originally Posted by diononiz View Post
Vic you are spot on in regards to the 992. I was lucky enough to get one in March but the prices have steadily crept up. I inquired about a 992 Turbo S and all of the dealers I spoke to would not budge off MSRP.
Yeah no one will early deal on a Turbo S (992)---- its getting rave performance reviews and will be a street crusher trapping higher 130's in the low 10's stock.
Vic, did you dump the M5 and in an M8 now?
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      06-11-2020, 09:59 PM   #38
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Quote:
Originally Posted by freezey View Post
Quote:
Originally Posted by Vic55 View Post
Quote:
Originally Posted by diononiz View Post
Vic you are spot on in regards to the 992. I was lucky enough to get one in March but the prices have steadily crept up. I inquired about a 992 Turbo S and all of the dealers I spoke to would not budge off MSRP.
Yeah no one will early deal on a Turbo S (992)---- its getting rave performance reviews and will be a street crusher trapping higher 130's in the low 10's stock.
Vic, did you dump the M5 and in an M8 now?
You don't "dump" that matte red/maroon beauty, you pass her to a new, nurturing, loving owner... how crude!
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      06-12-2020, 08:58 AM   #39
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Vic, did you dump the M5 and in an M8 now?
Im at a cross roads... and to Limey's point I really have a love/love relationship with my polarizing First Edition F90.

There is always something new and better so for now I think Ive got a really good sedan. But hell....
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      06-12-2020, 06:15 PM   #40
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Quote:
Originally Posted by Vic55 View Post
Quote:
Originally Posted by freezey View Post
Vic, did you dump the M5 and in an M8 now?
Im at a cross roads... and to Limey's point I really have a love/love relationship with my polarizing First Edition F90.

There is always something new and better so for now I think Ive got a really good sedan. But hell....
Yeah same boat for me. I am trying to dump the M5 but the problem is nothing out there that I really want. I have been driving the pickup more recently.
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      06-21-2020, 02:51 PM   #41
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There are BMW dealerships that are listing substantially discounted M8's with as few as 2 miles as "used". What angle are they working?
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      06-21-2020, 03:58 PM   #42
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There are BMW dealerships that are listing substantially discounted M8's with as few as 2 miles as "used". What angle are they working?
Not sure if it ties into this article from late last year regarding Auto manufacturers inflating numbers by dealers counting loaners as "sales" internally. https://www.nytimes.com/2019/12/23/b...s/bmw-sec.html So take a M8 sell it to themselves, turn it into a loaner (but never put it into the fleet) and it would become a "used" car with 2 miles on it.

Maybe Vic55 knows the the true angle vs my guess as he's definitely tuned into the auto world.
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      06-21-2020, 05:36 PM   #43
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Not sure when the flagship money is paid out but it’s a common practice to punch the cars to grab incentives and hit sales targets.
Then those cars are sold as used cars.

That said, we have an appointment to check on the AC and our SA said that they have tons of 8 series loaners (coupe, cab, GC). His words were “they must have bought too many and turned them into loaners”. As in 43 of them...
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      06-21-2020, 11:02 PM   #44
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Not sure when the flagship money is paid out but it’s a common practice to punch the cars to grab incentives and hit sales targets.
Then those cars are sold as used cars.

That said, we have an appointment to check on the AC and our SA said that they have tons of 8 series loaners (coupe, cab, GC). His words were “they must have bought too many and turned them into loaners”. As in 43 of them...


8 series loaners, what's next S Coupe loaners at MB dealers? The resale of our 8 series cars must be simply atrocious...
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