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      08-09-2020, 03:53 PM   #1
AlbertY
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2020 540i xdrive - Thought?

Hello all,

First post on this forum. Currently drive a 2010 535i xdrive wagon. I would appreciate your collective wisdom on this dealer offer for a new 2020 540i xdrive:

MSRP: 81,435.00
Dealer discount: 8,635.00
Loyalty: 2,000
Financing Rebate: 4,500

Selling price: 66,300.00

Also offering 0.9% financing.

Car details
-Med Blue
-Night Blue Leather (have not seen this--any opinions on how it looks?)
-M Sport
-Executive Package
-Dynamic Handling Package
-Driving Assistance Plus
-Parking Assistance Package
-HK Sound
-Multi-Contour Seats
-Heated Steering Wheel
-M Sport Brakes
-Remote Control Parking (expensive option that I don't need)
-Night Vision (very expensive option that I don't need)

With the 2021s about to hit lots, my instinct is that 10% discount before incentives is not good enough, especially because this car contains some very expensive tech that I don't need (night vision, remote control parking). I could be off base though, so I'm interested to hear other opinions on whether this is a sensible deal.

Other options I am considering:
-Order a 2021 with only the options I want
-Look for a used M550 instead
-Wait for a used G30 to come on market with the options I want (dynamic handling, executive packages)

Many thanks!
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      08-09-2020, 09:49 PM   #2
Nate1616
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I got 10% of my 2020 M550 (lease) about a month ago here in SoCal (car was from NorCal dealer) and that was pushing it. Dealers weren't willing to even look at the 10% mark. Not sure if anything has changed but I think 10% is a decent place to be now but few months ago might've been different story. Covid ruined everything :
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      08-10-2020, 11:24 AM   #3
AlbertY
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Quote:
Originally Posted by Nate1616 View Post
I got 10% of my 2020 M550 (lease) about a month ago here in SoCal (car was from NorCal dealer) and that was pushing it. Dealers weren't willing to even look at the 10% mark. Not sure if anything has changed but I think 10% is a decent place to be now but few months ago might've been different story. Covid ruined everything :
That's what I feared. Anecdotally, deals seemed to be better a few months ago based on what I've been reading here and elsewhere. Maybe the best play is to wait a couple months for 2021s to hit dealerships and level out inventory.
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      09-17-2020, 12:45 AM   #4
Up4speed
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I just ordered a 2021 540i Xdrive (today) at 10% off MSRP (before the financing and loyalty discount). I guess I did better than I thought?
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