04-30-2023, 12:52 AM | #1 |
Colonel
1657
Rep 2,405
Posts |
What kind of discounts on new M8's are people getting currently?
I have seen Leasehackr with 8-9% off......
Wondering if anyone has gotten more?
__________________
2022 M8 Comp GC, 2021 AMG GT53, 2022 X5M Competition, 2021 X7 40i, 2019 M5, 2018 M550I, 2017 Audi Q7, 2014 M6 GC, 2013 Mercedes CLS550, 2011 750LI, 2008 M6 Cabrio, 2008 Porsche Cayenne S, 2004 Mercedes SL55 AMG, 2003 Mercedes SL500, 2000 Mercedes CL500, 1993 Lexus SC400, 1989 525i, 1985 318i
|
04-30-2023, 11:25 AM | #4 |
Lieutenant General
19571
Rep 10,192
Posts |
Triple net is 9% (invoice is 6%) and there are dealers that are easily willing to cut the discounts further. The Verts are not selling all too well and carry a heavy (ier) msrp so thats a good angle to attack.
The curse of the 8 But the MF's are no longer low so the days of the cheap leases with a huge cut net cap and lower MF's are dead. Now its just a nicely priced car with a higher MF which still be attractive to some since BMW doesnt have an MRM like Porsche but you will be stuck with it
__________________
2024 BMW M3 CS Frozen Solid White
2023 BMW M8 Coupe Competition Alpine White 2022 Porsche Carrera GTS Coupe Shark Blue 2020 Audi R8 V10 Performance Suzuka Gray 2012 Mercedes Benz C63 AMG Black Series Obsidian Black |
Appreciate
2
Spectremotorsports108.00 bloozemanAZ4299.50 |
05-01-2023, 12:56 AM | #5 |
Colonel
1657
Rep 2,405
Posts |
Who are you seeing on there that is at 11%?
__________________
2022 M8 Comp GC, 2021 AMG GT53, 2022 X5M Competition, 2021 X7 40i, 2019 M5, 2018 M550I, 2017 Audi Q7, 2014 M6 GC, 2013 Mercedes CLS550, 2011 750LI, 2008 M6 Cabrio, 2008 Porsche Cayenne S, 2004 Mercedes SL55 AMG, 2003 Mercedes SL500, 2000 Mercedes CL500, 1993 Lexus SC400, 1989 525i, 1985 318i
|
Appreciate
0
|
05-01-2023, 12:58 AM | #6 | |
Colonel
1657
Rep 2,405
Posts |
Quote:
__________________
2022 M8 Comp GC, 2021 AMG GT53, 2022 X5M Competition, 2021 X7 40i, 2019 M5, 2018 M550I, 2017 Audi Q7, 2014 M6 GC, 2013 Mercedes CLS550, 2011 750LI, 2008 M6 Cabrio, 2008 Porsche Cayenne S, 2004 Mercedes SL55 AMG, 2003 Mercedes SL500, 2000 Mercedes CL500, 1993 Lexus SC400, 1989 525i, 1985 318i
|
|
Appreciate
0
|
05-01-2023, 06:01 AM | #7 |
First Lieutenant
385
Rep 394
Posts |
|
Appreciate
0
|
05-01-2023, 11:25 AM | #8 | |
Lieutenant General
19571
Rep 10,192
Posts |
Quote:
I dont MSD-but then again I dont lease much either unless its a blowout special. I do think the rates have come down a little to .00165. So you could dump a fat 7 MSD and get the buyrate (if they dont markup) to .00123 or 2.95% APR.
__________________
2024 BMW M3 CS Frozen Solid White
2023 BMW M8 Coupe Competition Alpine White 2022 Porsche Carrera GTS Coupe Shark Blue 2020 Audi R8 V10 Performance Suzuka Gray 2012 Mercedes Benz C63 AMG Black Series Obsidian Black |
|
Appreciate
2
bloozemanAZ4299.50 mjr241656.50 |
05-05-2023, 12:51 AM | #9 | |
Colonel
1657
Rep 2,405
Posts |
Quote:
__________________
2022 M8 Comp GC, 2021 AMG GT53, 2022 X5M Competition, 2021 X7 40i, 2019 M5, 2018 M550I, 2017 Audi Q7, 2014 M6 GC, 2013 Mercedes CLS550, 2011 750LI, 2008 M6 Cabrio, 2008 Porsche Cayenne S, 2004 Mercedes SL55 AMG, 2003 Mercedes SL500, 2000 Mercedes CL500, 1993 Lexus SC400, 1989 525i, 1985 318i
|
|
Appreciate
0
|
05-05-2023, 06:27 AM | #10 | |
First Lieutenant
385
Rep 394
Posts |
Quote:
I got an X5 from him for my wife The difficult part is to get in touch with him because he is busy and he only responds after few text emails... but once you do get in touch the whole process is 20 min from signing to getting the car and the numbers are the one u see on the calculator You go sign and take the keys It is much easier then to deal with a dealer |
|
Appreciate
2
snareman9128.00 bloozemanAZ4299.50 |
05-05-2023, 09:40 AM | #11 |
New Member
8
Rep 8
Posts |
|
Appreciate
1
bloozemanAZ4299.50 |
05-05-2023, 10:28 AM | #12 | |
Leave the gun. Take the Canoli.
9128
Rep 7,671
Posts |
Quote:
__________________
Current: 2023 Santorini Blue ///M8 ||| 2023 X3 M40 --> 2025 X5 M60
Retired: 2021 Enzian Blue ///M4 ||| 2018 ///M4 ||| 2017 ///M4 ||| 2014 435i ||| 2009 335i Coupe ||| 2007 335i Coupe |
|
Appreciate
0
|
05-05-2023, 10:29 AM | #13 |
Leave the gun. Take the Canoli.
9128
Rep 7,671
Posts |
21k off? That sounds insane.
__________________
Current: 2023 Santorini Blue ///M8 ||| 2023 X3 M40 --> 2025 X5 M60
Retired: 2021 Enzian Blue ///M4 ||| 2018 ///M4 ||| 2017 ///M4 ||| 2014 435i ||| 2009 335i Coupe ||| 2007 335i Coupe |
Appreciate
0
|
05-05-2023, 11:33 AM | #14 |
Private
46
Rep 52
Posts
Drives: BMW M8 Competition Coupe
Join Date: Jun 2022
Location: UK
|
UK discounts are really good if you have a good relationship with your dealer. I've seen a quote with just over £30k discount. Customer Retention and all that.
|
Appreciate
0
|
05-05-2023, 11:43 AM | #15 |
Lieutenant General
19571
Rep 10,192
Posts |
Its just a percentage of msrp as a bare balls M8 wont go for 21k off ...
I can get you 40k of this lot dweller --- I actually like red on the coupe but the red guts kills it... https://www.bmwofriverside.com/new/B...9dd92914c7.htm
__________________
2024 BMW M3 CS Frozen Solid White
2023 BMW M8 Coupe Competition Alpine White 2022 Porsche Carrera GTS Coupe Shark Blue 2020 Audi R8 V10 Performance Suzuka Gray 2012 Mercedes Benz C63 AMG Black Series Obsidian Black |
Appreciate
2
snareman9128.00 bloozemanAZ4299.50 |
05-05-2023, 12:14 PM | #16 | |
Leave the gun. Take the Canoli.
9128
Rep 7,671
Posts |
Quote:
__________________
Current: 2023 Santorini Blue ///M8 ||| 2023 X3 M40 --> 2025 X5 M60
Retired: 2021 Enzian Blue ///M4 ||| 2018 ///M4 ||| 2017 ///M4 ||| 2014 435i ||| 2009 335i Coupe ||| 2007 335i Coupe |
|
Appreciate
1
bloozemanAZ4299.50 |
05-06-2023, 11:28 AM | #18 |
Consultant
108
Rep 106
Posts
Drives: '21 M850i GC, '23 X3 M40i
Join Date: Apr 2015
Location: Scottsdale, AZ
|
Is this amount common on these?
I’ve been playing with the idea of ordering an M8 convertible and this type of discount makes it a much more attractive proposition.
__________________
'21 M850i Gran Coupe "Athena"
'23 X3 M40i "Ramona" '17 Mustang GTPP "Emma" (Sold) My Instagram (lots of cars & food) |
Appreciate
0
|
05-06-2023, 04:06 PM | #19 | |
Brigadier General
4300
Rep 4,365
Posts
Drives: 2020 M850i Coupe
Join Date: Oct 2019
Location: Arizona
|
Quote:
|
|
Appreciate
3
|
05-06-2023, 04:12 PM | #20 | |
Brigadier General
4300
Rep 4,365
Posts
Drives: 2020 M850i Coupe
Join Date: Oct 2019
Location: Arizona
|
Quote:
Asked about discounts on orders and that's zippo. Only way they discount if it's been sitting on the lot. But at least unlike Chapman who did ADMs they never have. If you strongly negotiate (I wasn't serious but rather curious) if you can swing 4% off MSRP on an order you'd have yourself a deal. The lease brokers mostly deal with cars on the ground vs an order. If you can find something you like them they may be able to get you a good discount but $21K is questionable and likely 21% off MSRP. |
|
Appreciate
1
Spectremotorsports108.00 |
05-06-2023, 05:13 PM | #21 | |
Consultant
108
Rep 106
Posts
Drives: '21 M850i GC, '23 X3 M40i
Join Date: Apr 2015
Location: Scottsdale, AZ
|
Quote:
I’m not completely averse to taking an available model that’s on the lot since there isn’t much option variability with this car. Just have to wait for the right color to show up. (Have been thinking an IOMG convertible with trauma, or Brooklyn on sakhir)
__________________
'21 M850i Gran Coupe "Athena"
'23 X3 M40i "Ramona" '17 Mustang GTPP "Emma" (Sold) My Instagram (lots of cars & food) |
|
Appreciate
0
|
05-06-2023, 05:45 PM | #22 | |
Brigadier General
4300
Rep 4,365
Posts
Drives: 2020 M850i Coupe
Join Date: Oct 2019
Location: Arizona
|
Quote:
Ended up ordering at a 6% discount off MSRP as BMW limited allocations on the 2020s due to the 2019 fiasco. Same scenario for the 2020 M8s as so many on the lots they didn't even offer a 2021 here in the US. Love IOMG and Taruma (in my wife's X5 with mineral white exterior as she only does white You might want to consider Midrand Beige though as a better match for IOMG but you can't go wrong with either. Brooklyn on Sakhir is gorgeous so another winner. I ended up with Tanzanite Blue on Fiona Red and everyone drops their jaw when they see the interior. Back to the B&W even if you're not even a music buff the esthetics it brings to the cabin is well worth the cost of entry. If a music buff just flat out phenomenal plus the esthetics. 👍 |
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|