BMW M3 and M4 - The Icons
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
home
G80 BMW M3 and M4 General Topics Pricing, Ordering, Leasing / Purchasing, Delivery

Post Reply
 
Thread Tools Search this Thread
      12-24-2020, 10:23 AM   #1
Zirenz2006
Brigadier General
Zirenz2006's Avatar
United_States
1532
Rep
4,553
Posts

Drives: G80 M3 Comp IOMG
Join Date: Aug 2006
Location: US - NE

iTrader: (0)

Were you able to secure a lease with the base money factor?

Those of you who have worked out lease deals already, were you able to get base MF?

One dealer I'm talking to is refusing base MF and insists on jacking it up the full allowable amount.
__________________
Current: 2021 ///M3 Competition Isle of Man Green
Ordered: 2024 ///M2 Zandvoort Blue
Past: 2018 X3 ///M40i | 2012 328i | 2009 335i | 2007 335i Coupe | 2005 545i | 2001 325i
Appreciate 0
      12-24-2020, 04:22 PM   #2
dantm3
Major
United_States
631
Rep
1,230
Posts

Drives: 2022 M3 Xdrive
Join Date: Mar 2010
Location: austin, tx

iTrader: (0)

Quote:
Originally Posted by Zirenz2006 View Post
Those of you who have worked out lease deals already, were you able to get base MF?

One dealer I'm talking to is refusing base MF and insists on jacking it up the full allowable amount.
They got to make money some way on you.. base factor is .00082. I had a deal where dealer was discounting 8% off an M3 but lease numbers seemed off by about 45 dollars a month.. they jacked up money factor to max and there was going to be there profit....
Appreciate 0
      12-28-2020, 11:00 AM   #3
frankiebones
Brigadier General
frankiebones's Avatar
5297
Rep
3,056
Posts

Drives: Fire Orange G80 6MT
Join Date: Mar 2016
Location: Long Island, NY

iTrader: (0)

Quote:
Originally Posted by Zirenz2006 View Post
Those of you who have worked out lease deals already, were you able to get base MF?

One dealer I'm talking to is refusing base MF and insists on jacking it up the full allowable amount.
yes i was, but it not confirmed yet.
__________________
Fire Orange 6MT G80 (Miss July, 2021 Cover of Bimmerpost)
SMB M3 CS (gone)
YMB F80 6MT (gone)
Appreciate 1
JDougM3177.00
      12-30-2020, 10:07 PM   #4
Next Level Auto Brokers
BimmerPost Supporting Vendor
Next Level Auto Brokers's Avatar
1022
Rep
779
Posts


Drives: M car specialist
Join Date: Apr 2020
Location: NY, NY, CT, PA, MD, VA, DE, FL

iTrader: (0)

you have to get base MF to compare discounts
I've seen big discounts with fully marked up MF that totally negate the discount

If they are giving you a good discount but jacking up the MF it still may be a good deal, but I rarely see that happening.

Best bet is to tell them you want the base rate. If they don't play ball, find another dealer.
Appreciate 0
      12-31-2020, 10:25 AM   #5
frankiebones
Brigadier General
frankiebones's Avatar
5297
Rep
3,056
Posts

Drives: Fire Orange G80 6MT
Join Date: Mar 2016
Location: Long Island, NY

iTrader: (0)

Quote:
Originally Posted by Next Level Auto Brokers View Post
you have to get base MF to compare discounts
I've seen big discounts with fully marked up MF that totally negate the discount

If they are giving you a good discount but jacking up the MF it still may be a good deal, but I rarely see that happening.

Best bet is to tell them you want the base rate. If they don't play ball, find another dealer.
I'm dealing with a dealership that has a horrible reputation, but they gave me their first allocation. I am putting the MF and MSRP into a lease calculator. That's what I am willing to pay. If they try to jack me up a dollar on that, even though I custom ordered the car, I'll walk and extend the lease on my CS.
__________________
Fire Orange 6MT G80 (Miss July, 2021 Cover of Bimmerpost)
SMB M3 CS (gone)
YMB F80 6MT (gone)
Appreciate 0
      01-01-2021, 08:45 AM   #6
Zirenz2006
Brigadier General
Zirenz2006's Avatar
United_States
1532
Rep
4,553
Posts

Drives: G80 M3 Comp IOMG
Join Date: Aug 2006
Location: US - NE

iTrader: (0)

Quote:
Originally Posted by Next Level Auto Brokers View Post
you have to get base MF to compare discounts
I've seen big discounts with fully marked up MF that totally negate the discount

If they are giving you a good discount but jacking up the MF it still may be a good deal, but I rarely see that happening.

Best bet is to tell them you want the base rate. If they don't play ball, find another dealer.
That's what I told them. Base MF or no deal. The "discount" they offered is negated with the jacked up MF. They are pricks to deal with. I have another dealer I'm working with.
__________________
Current: 2021 ///M3 Competition Isle of Man Green
Ordered: 2024 ///M2 Zandvoort Blue
Past: 2018 X3 ///M40i | 2012 328i | 2009 335i | 2007 335i Coupe | 2005 545i | 2001 325i
Appreciate 0
      01-01-2021, 05:42 PM   #7
davinnn
Second Lieutenant
127
Rep
221
Posts

Drives: f80
Join Date: Jul 2012
Location: United States

iTrader: (0)

I totally get that everyone want to get a good deal and myself including and will not buy anything that i consider not a "good deal" but people gotta keep in mind that dealers are in business to make money. There's employees that need to make money as well. If they giving you a huge discount, let them make some money on the MF or pay sticker with base MF. Whatever business you're in.. would you let someone buy things off you and not make any money? I'm always fair when buying something, as long as I'm not taken advantage off I'll let other people make some money..
Appreciate 0
      01-09-2021, 03:20 PM   #8
xmanpro
Lieutenant Colonel
2941
Rep
1,763
Posts

Drives: 24 M8C 24 X6MC 21 M3C
Join Date: Oct 2012
Location: Bay Area CA

iTrader: (0)

Quote:
Originally Posted by davinnn View Post
I totally get that everyone want to get a good deal and myself including and will not buy anything that i consider not a "good deal" but people gotta keep in mind that dealers are in business to make money. There's employees that need to make money as well. If they giving you a huge discount, let them make some money on the MF or pay sticker with base MF. Whatever business you're in.. would you let someone buy things off you and not make any money? I'm always fair when buying something, as long as I'm not taken advantage off I'll let other people make some money..
I totally agree with this.
__________________
2024 M8C; 2024 X6MC; 2021 G80 M3C; 2022 P992140
RETIRED: 2021 F93, 2021 F96,2019 F82 M4C, 2018 F80 M3C, 2018 F86 X6M- black fire, 2015 F13 M6, 2015 F10 M5, 2012 F10 550i M-Sport, 2012 F13 650i X-Drive, 2009 E60 535i M-Sport, 2007 E60 530i
Appreciate 2
davinnn126.50
Quevoo8297.00
      01-10-2021, 08:26 PM   #9
MavRick
Captain
MavRick's Avatar
687
Rep
750
Posts

Drives: My Wife's M
Join Date: Mar 2015
Location: USA

iTrader: (0)

Quote:
Originally Posted by davinnn View Post
I totally get that everyone want to get a good deal and myself including and will not buy anything that i consider not a "good deal" but people gotta keep in mind that dealers are in business to make money. There's employees that need to make money as well. If they giving you a huge discount, let them make some money on the MF or pay sticker with base MF. Whatever business you're in.. would you let someone buy things off you and not make any money? I'm always fair when buying something, as long as I'm not taken advantage off I'll let other people make some money..
youre assuming that they dont make money off base MF and a discounted price. i think thats a pretty naive assumption...
Appreciate 0
      01-11-2021, 10:16 AM   #10
davinnn
Second Lieutenant
127
Rep
221
Posts

Drives: f80
Join Date: Jul 2012
Location: United States

iTrader: (0)

Quote:
Originally Posted by MavRick View Post
Quote:
Originally Posted by davinnn View Post
I totally get that everyone want to get a good deal and myself including and will not buy anything that i consider not a "good deal" but people gotta keep in mind that dealers are in business to make money. There's employees that need to make money as well. If they giving you a huge discount, let them make some money on the MF or pay sticker with base MF. Whatever business you're in.. would you let someone buy things off you and not make any money? I'm always fair when buying something, as long as I'm not taken advantage off I'll let other people make some money..
youre assuming that they dont make money off base MF and a discounted price. i think thats a pretty naive assumption...
They don't make money of base MF and finance guys don't make money of base MF either. They do make money of discounted cars, even at invoice they can still make 2-3k depending on the car but if you can get 1-2k under invoice, I think that's a fair deal. Gotta keep in mind, dealer still have to pay their employees that gotta feed their family.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:59 AM.




g80
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST