06-26-2020, 05:58 PM | #67 | |
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SCOTT26 "So as an admirer of the M5 and a potential customer of an M5 Touring. I would run naked around the streets of Garching if they were to offer one."
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06-26-2020, 08:19 PM | #68 | |
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We’ll also have to see if the CS adds anything meaningful. Those few extra horses can be had with a simple tune (actually much more than that). |
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06-26-2020, 09:23 PM | #69 |
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2020 BMW M8 Lease Offering
Hello everyone I got a decent looking deal in my hands wanted your intake on it...
Got a 2020 BMW M8 Comp black with the tan and burgundy interior MSRP $156,800 Discount $31,300 which puts me at around 21% off with $6k drive off monthly payment is $1,500 Term: 36 months term and 10k miles a year. Let me know your thoughts and if I could get better due to the M8's really not moving. THANKS FOR THE HELP! |
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06-26-2020, 09:50 PM | #70 | |
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06-26-2020, 10:16 PM | #71 |
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Hi Folks. Found this forum while searching for my next car. Got a couple deals on several models. Been great slowly learning the lingo. I thought we attorneys had our own lexicon. Y'all truly put us to shame. Thanks to everyone in all the forums for all the advice, information and laughs.
Best I've gotten on an M8GC (Demo - 4500 miles) MSRP: $135,850.00 Adjusted Price: $122,000.00 Rebate: $3,000.00 MF: .00118 (base) DAS: $1736.71 The kicker here is the car is in TX so the sales tax is paid on the selling price (~$7300). With that rolled into the payment I'm looking at $1739.05. Thoughts? Salesman says the dealership is making $0 on the car at the $122K price point. Push for more or snap it up tomorrow? |
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06-26-2020, 10:38 PM | #72 | |
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Without loyalty and full MSDs you would be $1513 a month. Need to know the details of your deal to see if makes sense or not. |
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06-26-2020, 10:41 PM | #73 | |
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06-26-2020, 10:52 PM | #75 |
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Hey 7summits Yes I am located here in LA the dealership is located in Oregon...
The details would the MSRP of the M8 Comp Coupe is $156,695 Rebate they're giving me is $3,000 Discount is $31,339. Net Residual is $84,615.30 Program Miles is 10k Drive Off $6,000 Payment is $1,402.00 MF... 00138. I don't think they are applying the loyalty which is how much? |
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06-26-2020, 11:09 PM | #76 | |
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In your opinion, what makes the deal so odious? Also, think that the leasehackr calcs from that broker are a bit off. It lists Volvo as the manufacturer, has no sales tax and, what appears to be an incorrect residual. When I put my numbers in I come out around the same (less MSDs). I'm really thinking about doing it, but just wondering if I should push for a larger discount. All the best! PM |
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06-27-2020, 12:54 AM | #77 | ||
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But when I bought my m850i new preCovid, pre2020, I got something like $20k below sticker. (somewhere around 140k MSRP, out the door around $120k with all fees and 4.5% tax) Nowadays dealership should be hard up to make a deal and willing to negotiate more, I'd think. I'd think you can do at least 20-30% off MSRP on a demo [which is basically a used car] that is 2020 when the 2021 are coming in July a week away. but that is just my 2 cents. I don't know how are hard the market is flooded with supply or demand. |
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06-27-2020, 04:03 PM | #79 | ||
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06-27-2020, 08:28 PM | #80 |
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Does anyone know from personal experience if the M8 is eligible for the BMW CCA rebate? The rebate form still refers to the M6 but makes no mention of the M8.
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06-27-2020, 09:32 PM | #81 |
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I received the $1500 rebate on my 2020 M850i last December and according to the website all 8-series qualify "8 Series - all models including Alpina" of course one has to take the Alpina designation with a grain of salt as no such animal exists.
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06-27-2020, 11:18 PM | #82 | |
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If you're a member, it's got great benefits. but if you're not, it's not worth it unless you're able to play their game and get the $1500 back every lease to keep it rolling for the member fees. |
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06-28-2020, 01:23 AM | #83 | |
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The M8 does qualify for the new 8 series rebate of $1,500 as long as the vehicle is retailed as new with 1,000 miles or less. Let me know if you have any other questions and have a good weekend. |
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06-28-2020, 10:02 AM | #84 | |
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Regarding the MSDs...the max is 7x your payment. I have not done the math on your deal but typically it yields a return of 10-15% tax free. I think you need to sell her on the fact, you will buy her a nice pair of shoes or purse if she lets you do it. Also, since the car is a demo, you wont qualify for the BMW CCA rebate which is another $1500 you are losing out on. And just to confirm, you live in TX? Your location shows Florida. Last edited by 7summits; 06-28-2020 at 10:28 AM.. |
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06-28-2020, 10:06 AM | #85 | |
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Your MF is marked up. Base MF is .00118 which makes big difference in your payment. Break down that $6K drive off for me. |
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06-28-2020, 12:55 PM | #87 |
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all 8 series is eligible for the CCA rebate.
You need to be a member for 6 months prior or you cannot get the rebate though |
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06-28-2020, 02:23 PM | #88 |
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