My new M8 Competition

Michaels650M · 12-01-2021, 08:22 PM

Hey Guys
I bought an M850 back in February but with such amazing deals and my dealership wanting to buy it back due to lack of inventory I pick up this in a week ❤️

snareman · 12-01-2021, 09:11 PM

Nice and congrats!!

Bimmersandmopars · 12-01-2021, 11:05 PM

Long live the m8gc!

Michaels650M · 12-02-2021, 11:19 AM

Just got call from the dealership! They just knocked another .5% off so now 0.99% (finance) plus winter tyre package! 💪 started dealing at $1600/month (Canadian) now at $1164CAD ($20k in)

snareman · 12-02-2021, 11:21 AM

Quote:

Originally Posted by Michaels650M

Just got call from the dealership! They just knocked another .5% off so now 0.99% (finance) plus winter tyre package! 💪

Did they just decide to be nice or did you negotiate that?

Michaels650M · 12-02-2021, 11:22 AM

Quote:

Originally Posted by snareman

Did they just decide to be nice or did you negotiate that?

Nope literally just got a call telling me a new incentive was sent out loyalty up from 1.5% to 2% (base interest is 2.99% without loyalty)

jiuruuuuuuuuu · 12-02-2021, 04:50 PM

Congrats! Saw this beauty sitting in Ottawa when I was shopping for an M8 back in summer. Just wondering how much discount did you get in %?

MiamiM8Comp · 12-02-2021, 06:24 PM

Quote:

Originally Posted by Michaels650M

Nope literally just got a call telling me a new incentive was sent out loyalty up from 1.5% to 2% (base interest is 2.99% without loyalty)

I was able to buy mine at 0.9% via their select program. Did not make sense to lease it at that point.

Congrats!!

Moopai · 12-03-2021, 02:58 PM

Congrats I love the colour! Fantastic deal does the below payment include taxes?

Quote:

Originally Posted by Michaels650M

Just got call from the dealership! They just knocked another .5% off so now 0.99% (finance) plus winter tyre package! 💪 started dealing at $1600/month (Canadian) now at $1164CAD ($20k in)

Mani59 · 12-03-2021, 03:02 PM

Congratulations! Enjoy it!

BeeMdblU · 12-03-2021, 09:18 PM

She's a beauty, congrats..

harrish1985 · 12-04-2021, 06:36 PM

Do you mind sharing how much of a discount you got off MSRP?

cfm56d7b · 12-05-2021, 12:40 PM

Gorgeous car. Congratulations!

Michaels650M · 12-07-2021, 12:56 PM

Quote:

Originally Posted by jiuruuuuuuuuu

Congrats! Saw this beauty sitting in Ottawa when I was shopping for an M8 back in summer. Just wondering how much discount did you get in %?

Total discounts came to $20k with winter tyres thrown in and 50% cash back on clear shield. I had $15k neg on my 850 so payments in around $2200 5 year select. Crazy is I got better deal at Elites than Ottos that had the car! So they did a dealer trade! I pick it up Saturday.

Michaels650M · 12-07-2021, 01:02 PM

Quote:

Originally Posted by harrish1985

Do you mind sharing how much of a discount you got off MSRP?

Hard to work out exactly but dealer option is showing -$20k plus winter tyres and credit for clear shield

harrish1985 · 12-07-2021, 02:12 PM

Quote:

Originally Posted by Michaels650M

Total discounts came to $20k with winter tyres thrown in and 50% cash back on clear shield. I had $15k neg on my 850 so payments in around $2200 5 year select. Crazy is I got better deal at Elites than Ottos that had the car! So they did a dealer trade! I pick it up Saturday.

I'm confused by this.

What was MSRP on your new M8 GC Comp.? What was the negotiated price on the M8 GC Comp. separate from your M850?

It sounds like they bought you out of your M850 and forgave the remaining payments on the M850. If so how many payments did you have left on your M850?

In the states dealers are adding ADMs on M8s anywhere from $10 - $15k. They act like they're doing you a favor by selling it to you at full sticker and if you're lucky you'll get the BMW $2500 rebate.

Michaels650M · 12-07-2021, 04:06 PM

Quote:

Originally Posted by harrish1985

I'm confused by this.

What was MSRP on your new M8 GC Comp.? What was the negotiated price on the M8 GC Comp. separate from your M850?

It sounds like they bought you out of your M850 and forgave the remaining payments on the M850. If so how many payments did you have left on your M850?

In the states dealers are adding ADMs on M8s anywhere from $10 - $15k. They act like they're doing you a favor by selling it to you at full sticker and if you're lucky you'll get the BMW $2500 rebate.

Yes they bought me out of the 850. $180,000CAD all in including taxes. Plus winter tyre package thrown in. But I prefer to talk about these amazing cars rather than costs. Everyone’s experience will be different based on multiple factors including country of purchase. 👍

harrish1985 · 12-07-2021, 07:47 PM

Quote:

Originally Posted by Michaels650M

Yes they bought me out of the 850. $180,000CAD all in including taxes. Plus winter tyre package thrown in. But I prefer to talk about these amazing cars rather than costs. Everyone’s experience will be different based on multiple factors including country of purchase. 👍

Yes, and I'm happy to discuss the cars but for me and I'm sure many others the economics of these cars making sense is a big determining factor as to whether or not we choose to purchase them.

I was able to secure a 2020 M8 Competition Gran Coupe with 5800 miles $158k sticker for $124k. Based on current market in USA and the inventory I see, that's an amazing deal hence the reason I pulled trigger.

Michaels650M · 12-09-2021, 02:10 PM

Quote:

Originally Posted by harrish1985

Yes, and I'm happy to discuss the cars but for me and I'm sure many others the economics of these cars making sense is a big determining factor as to whether or not we choose to purchase them.

I was able to secure a 2020 M8 Competition Gran Coupe with 5800 miles $158k sticker for $124k. Based on current market in USA and the inventory I see, that's an amazing deal hence the reason I pulled trigger.

So in CAD that’s $156kCAD for Demo 2020 👍 I’m at $180kCAD ($133kUSD) for 2021 new, so makes me feel like I got even more of a bargain now 🥳 irrelevant we both have amazing cars that have one of the least depreciations at 5 years! Looking at what 2016 M5’s are selling for 😯

harrish1985 · 12-09-2021, 07:51 PM

Quote:

Originally Posted by Michaels650M

So in CAD that’s $156kCAD for Demo 2020 👍 I’m at $180kCAD ($133kUSD) for 2021 new, so makes me feel like I got even more of a bargain now 🥳 irrelevant we both have amazing cars that have one of the least depreciations at 5 years! Looking at what 2016 M5’s are selling for 😯

What is the window sticker on your car? If your sticker is closer to $155k USD which based on the video I'm assuming it is with the options it has and you got it for $133k USD then yes, you did amazing. You will not find that deal anywhere here in the United States.

jiuruuuuuuuuu · 12-09-2021, 08:11 PM

Quote:

Originally Posted by Michaels650M

Quote:

Originally Posted by jiuruuuuuuuuu

Congrats! Saw this beauty sitting in Ottawa when I was shopping for an M8 back in summer. Just wondering how much discount did you get in %?

Total discounts came to $20k with winter tyres thrown in and 50% cash back on clear shield. I had $15k neg on my 850 so payments in around $2200 5 year select. Crazy is I got better deal at Elites than Ottos that had the car! So they did a dealer trade! I pick it up Saturday.

That's some nice deals you got! Congrats again and enjoy. These days M8 with B&W is hard to get by

Michaels650M · 12-10-2021, 02:28 PM

Quote:

Originally Posted by jiuruuuuuuuuu

That's some nice deals you got! Congrats again and enjoy. These days M8 with B&W is hard to get by

Thanks 🙏

12-01-2021, 08:22 PM	#1
Michaels650M Enlisted Member 52 Rep 45 Posts Drives: 16 BMW 650i M Sport Exec pack Join Date: Oct 2016 Location: Ottawa Canada iTrader: (0)	My new M8 Competition Hey Guys I bought an M850 back in February but with such amazing deals and my dealership wanting to buy it back due to lack of inventory I pick up this in a week ❤️
	Appreciate 4 Ozzie8641.00 purewhitedesign117.50 xmanpro3055.00 nathanm4682.00 Tweet Quote

12-01-2021, 09:11 PM	#2
snareman Leave the gun. Take the Canoli. 9042 Rep 7,618 Posts Drives: ///M8 & X3 ///M40 Join Date: Dec 2006 Location: Ohio iTrader: (0)	Nice and congrats!! __________________ Current: 2023 Santorini Blue ///M8 \|\|\| 2023 X3 M40 Retired: 2021 Enzian Blue ///M4 \|\|\| 2018 ///M4 \|\|\| 2017 ///M4 \|\|\| 2014 435i \|\|\| 2009 335i Coupe \|\|\| 2007 335i Coupe
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12-01-2021, 11:05 PM	#3
Bimmersandmopars Lieutenant 526 Rep 469 Posts Drives: M8 Gran Coupe Comp Join Date: Aug 2021 Location: Texas iTrader: (0)	Long live the m8gc!
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12-02-2021, 11:19 AM	#4
Michaels650M Enlisted Member 52 Rep 45 Posts Drives: 16 BMW 650i M Sport Exec pack Join Date: Oct 2016 Location: Ottawa Canada iTrader: (0)	Just got call from the dealership! They just knocked another .5% off so now 0.99% (finance) plus winter tyre package! 💪 started dealing at $1600/month (Canadian) now at $1164CAD ($20k in)
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12-02-2021, 04:50 PM	#7
jiuruuuuuuuuu New Member 8 Rep 5 Posts Drives: 2021 F93, 2015 F32 Join Date: Sep 2021 Location: Toronto iTrader: (0)	Congrats! Saw this beauty sitting in Ottawa when I was shopping for an M8 back in summer. Just wondering how much discount did you get in %?
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12-03-2021, 03:02 PM	#10
Mani59 BMW Miniature Collector! 13468 Rep 7,986 Posts Drives: E38 735i SE Individual Join Date: Nov 2010 Location: Leicestershire iTrader: (1)	Congratulations! Enjoy it! __________________ Visit my (mainly) BMW gallery http://jetone.co.uk
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12-03-2021, 09:18 PM	#11
BeeMdblU Captain 447 Rep 859 Posts Drives: F86, F25, G16 Join Date: May 2012 Location: Montreal iTrader: (0)	She's a beauty, congrats..
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12-04-2021, 06:36 PM	#12
harrish1985 New Member 9 Rep 17 Posts Drives: F8 SPDR SF90 SPDR G63 RRATB X7 Join Date: Nov 2021 Location: FL iTrader: (0)	Do you mind sharing how much of a discount you got off MSRP?
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12-05-2021, 12:40 PM	#13
cfm56d7b Lieutenant General 5876 Rep 10,249 Posts Drives: 2017 440i Gran Coupe & 2015 X5 Join Date: Nov 2012 Location: Orange County, CA iTrader: (2)	Gorgeous car. Congratulations!
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