02-19-2024, 08:16 PM | #1 |
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Negotiating X4 Price (and BMW purchases generally)
Hello Esteemed Forum Members,
I'm contemplating purchasing a new X4 & have never previously owned a BMW, let alone any car exceeding about $35K. Obviously I want the best deal possible, but I know dealerships need to make a profit at the same time. How much maneuver space should I expect in terms of price? Or put another way, is it unrealistic to expect MSRP -5%? -10%? There's a dealership in the state (CO) that says they don't negotiate at all & instead just give an aggressive price out of the gate. I will certainly shop & do my due diligence, but if I can extract some tips/tricks/knowledge from your experience, I'd be grateful. Thank you in advance. FA |
02-20-2024, 08:20 PM | #2 | |
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02-20-2024, 10:41 PM | #3 |
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If you are a Costco member they negotiate purchase prices for their members. You just need to ask them what BMW dealers in your area are on the Costco purchase list. Usually the Costco deal is the same or better than an individual can negotiate.
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02-20-2024, 10:58 PM | #4 |
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02-20-2024, 11:00 PM | #5 |
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Thank you Dan G! I didn't know Costco could (would) conduct negotiations on my behalf. I'm not a member but will definitely consider it if it'll save me $$ and headache. I'll look into it.
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02-21-2024, 10:22 PM | #6 |
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Could also go the broker route. The one I’ve used on my Z4 and wife’s X3 is advertising 7% off MSRP on X4.
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02-21-2024, 10:40 PM | #7 |
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02-21-2024, 11:39 PM | #8 |
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02-22-2024, 09:24 AM | #9 | |
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A few weeks later, I was at the same dealer getting service on my M340i. Happened to run into the sales guy and he asked how it panned out. I told him exactly how I said. They gave us 10% off. He was still baffled as to how. When I ordered my Z4, same dealer had one sitting in their showroom. Had been there at least 5 months. Was January 2023 (so dead of winter in Chicago) and was a 2022 model. I told him I had an offer to order a 2023 for 3.5% off MSRP. Asked if they could beat it on the one sitting there. Couldn’t beat that offer either. |
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02-22-2024, 10:53 AM | #10 | |
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02-22-2024, 05:01 PM | #11 | |
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02-22-2024, 06:33 PM | #12 | |
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Funny thing is, that Frozen Gray one is still for sale: https://www.elmhurstbmw.com/new-vehi...%5D%5B0%5D=New |
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02-23-2024, 07:52 PM | #13 |
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Or buy a one-year old CPO with less than 10K miles and pay 30%+ off MSRP.
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02-24-2024, 10:36 AM | #14 | |
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02-24-2024, 02:50 PM | #15 |
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Agreed. I'm not surprised the discount we got on the X3 was much higher. I was still able to get a discount on the Z4 through the broker, just not nearly as much.
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02-24-2024, 02:54 PM | #16 |
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Z4s are cool cars. Not comparable to new one in any way but We have first Z4. 3.0SI 6 speed manual. Even though it’s 18 years old its are fun as hell. My wife uses it as daily and loves it.
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02-24-2024, 03:44 PM | #17 |
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02-25-2024, 07:22 AM | #19 |
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02-25-2024, 09:21 AM | #20 | |
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My email is nextlevelautobrokersdc@gmail.com
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02-25-2024, 09:36 AM | #21 |
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End of day. You need to eat and the CA needs to feed his family. If you go in w/the attitude of trying to rape them no one will be happy.
Also what is your value to the dealership. Are you the type of customer that will buy parts and have your service done there or are you someone with no loyalty and only interested in price. The CA will take this into consideration too. |
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02-25-2024, 06:53 PM | #22 | |
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