11-19-2017, 12:12 AM | #1 |
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2017 540i demo car - worth it?
This is only the second time I'm buying a bimmer, last time was 4 years ago and didn't negotiate much. I would love to hear from everyone here and appreciate any advice. I would like to know if the price can be talked down even more.
I saw a deal of 2017 540i dealer demo car, $69k MSRP, with ~3000mi on it. It'll be sold as a new car, with discount and tax, $67k walk out. Included options on the car: Alpine white, black dakota, M sport package, premium package, cold weather package, sport seat, parking assist, HK sound system, m sport brake, 20-in wheel, soft close door, Apple carplay. Pretty loaded if you ask me. Not much safety features like blind spot monitor and lane keep assist bother me a little. As you may know, the online configurator has changed from 17 to 18 model year, so I now can't get a idea if this deal is good or not. Plus the demo car factor that makes things complicated (for me). Any suggestion if I should keep talking down the price or go for it even if the dealer stand still? Another question: does all 2017 have no power trunk lid? Thanks for any input!! |
11-19-2017, 02:01 AM | #2 |
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Doesn't seem like a great deal..just ok. I assume it's somewhere around $61K without tax and fees which is roughly a 11% discount off MSRP. You can easily get that discount off a brand new 2018 model and not have to settle for a used 2017.
I believe power tailgate comes with premium package but could be mistaken |
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11-19-2017, 04:25 AM | #3 |
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Considering how I test drive cars at dealerships, I would never ever buy a demo car unless they are giving me at least 20% off the MSRP, and I don't plan on driving it beyond warranty period.
That said, your deal seems to be mediocre. |
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11-19-2017, 12:05 PM | #4 |
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Thanks for the suggestion! They said the demo car is currently driven by a salesman, and with "great care". No way to know the truth.
But if the same discount is possible for a 2018, then really no need to go for it. Also, at least in North Texas, I found a lot of 2018 with no lighting package. That wasn't the case for 2017 when it was just released. Does anyone see the same? |
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11-19-2017, 03:18 PM | #5 |
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So you would be buying a year old used car with 3,000 miles for a discount of $2K from MSRP? That does not sound like much of a bargain to me.
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11-20-2017, 12:05 PM | #6 |
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i think he said that the $2K was including tax and fees rolled in...meaning he probably got the car for $60K or so, or 8% off MSRP
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12-04-2017, 07:58 AM | #7 | |
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I bought my M235i as a Demo Car. Sticker was $51k...walked out at $42.5k. Leased it actually... I would have expected a much larger reduction...but the cars are pretty rare at dealerships so maybe they aren't flexing... |
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12-04-2017, 10:49 PM | #8 |
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Stay away from demos or loaners. I bought my 550i which was driven by the GM and all 4 wheels were bent. It took me a month to realize the problem.
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12-05-2017, 12:16 PM | #9 | |
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Usually Demo or Loaners are usually in good standing. Most of them are just show cars...sorry to hear about your misfortune. |
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12-05-2017, 09:33 PM | #11 |
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Another downside to loaners/demos with some miles on them is that they don't qualify for certain incentives or BMWCCA rebate. The residual is usually lower than a new undriven car.
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12-09-2017, 07:08 PM | #12 |
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02-13-2018, 01:21 AM | #13 | |
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02-13-2018, 02:04 PM | #14 |
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Including incentives and discounts mine was $10K below msrp (before tax and fees). And mine was a custom ordered, new 18 530e. And I didn't even bargain very hard.
So I don't think yours is a very good deal for what is a used car. |
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