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      02-23-2017, 01:18 PM   #1
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Current Lease Deals on 2017 or wait for 2018 340i

Couple questions:

I have been shopping around at possibly assuming a 16' Leased 340i. However, I have come to see some dealers are being fairly aggressive with the 17's. So couple questions I have are:

What are people negotiating the cap cost for on 17's? In general for purchasing or leasing what have people been getting off MSRP? I see invoice is roughly 7% off or so and I've seen some places quote 10-12% off on a well optioned 340i M-Sport. If there are any dealers in the PNW or Westcoast you recommend for good deals I'm all ears. I will go down as far south as California but prefer to stay in the PNW.

Lastly, I have read the 18's will go into Production soon, is there any reason to now wait until end of the year when BMW typically runs more specials? I haven't seen any Order Guides or anything indicating if there are any changes from 17 to 18. Thank you!

Last edited by dereksM3; 02-23-2017 at 01:30 PM..
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      02-23-2017, 03:13 PM   #2
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There is $1,500 allowance on 2017's now, this is how you can get below invoice. We don't have any information about 2018, I doubt it will change much.
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      02-27-2017, 12:12 PM   #3
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There is $1,500 allowance on 2017's now, this is how you can get below invoice. We don't have any information about 2018, I doubt it will change much.
That's what I was seeing, I read through the deals thread and see that people are getting below invoice on 17's. I assume the 18 will be pretty much the same and new the 3-series body will come out in 19? I've been trying to find concrete info on this but all I see is the new G20 will be released in 18 presumably as a 19.

Having said that anybody have any recommendations on the West Coast for dealers that are willing to negotiate. In WA we have Seattle and Bellevue dealers and in the past they haven't been so good on providing the best deals. I'm willing to travel down to California as it seems they have much better selections and deals.
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      02-27-2017, 01:00 PM   #4
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Quote:
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There is $1,500 allowance on 2017's now, this is how you can get below invoice. We don't have any information about 2018, I doubt it will change much.
I thought the allowance was for 2016 models?
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      02-28-2017, 08:09 AM   #5
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Quote:
Originally Posted by BMWMico View Post
There is $1,500 allowance on 2017's now, this is how you can get below invoice. We don't have any information about 2018, I doubt it will change much.
I thought the allowance was for 2016 models?
2017's too, it's just not officially posted on rate sheets.
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      03-01-2017, 12:35 PM   #6
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2017's too, it's just not officially posted on rate sheets.
Will this credit also apply in March?
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      03-01-2017, 02:41 PM   #7
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Will this credit also apply in March?
We don't have it yet, but I am guessing it will come back for March.
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      03-02-2017, 12:50 PM   #8
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We don't have it yet, but I am guessing it will come back for March.
Please keep us updated
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      03-03-2017, 11:26 AM   #9
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Why not just got for a MY2016 if you're leasing? MY2017 only had the addition of CarPlay and the new iDrive, everything else is about the same AFAIK. CarPlay isn't worth it IMO and I wasn't a fan of the new iDrive when I tried it recently either (not as intuitive as the previous iDrive). Save your $$$.

If you're really set with a newer model, go for a MY2017. You're not gaining anything with a MY2018 vs. MY2017 to justify the extra cost.

EDIT: I guess there's the all digital instrument cluster in MY2018 but the HUD is a more practical option. I've read you cannot have both digital cluster and HUD in the same build which is ridiculous...
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      03-03-2017, 12:56 PM   #10
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Why not just got for a MY2016 if you're leasing? MY2017 only had the addition of CarPlay and the new iDrive, everything else is about the same AFAIK. CarPlay isn't worth it IMO and I wasn't a fan of the new iDrive when I tried it recently either (not as intuitive as the previous iDrive). Save your $$$.

If you're really set with a newer model, go for a MY2017. You're not gaining anything with a MY2018 vs. MY2017 to justify the extra cost.

EDIT: I guess there's the all digital instrument cluster in MY2018 but the HUD is a more practical option. I've read you cannot have both digital cluster and HUD in the same build which is ridiculous...
I want a 6MT + MPPK so my options are limited.
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      03-03-2017, 01:09 PM   #11
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My biggest reason is hesitancy towards buying/leasing a first year build at least in terms of the B58 engine. I would rather buy a 2nd or 3rd year model with the hopes of having any of the minor kinks worked out. BMW historically hasn't had the best track record on their first model year motor changes. So far it seems the B58 seems pretty good though. I'm actually trying to do a 16' lease takeover from another member but haven't heard back. I will most likely lease the vehicle and buy it out at the end depending on how much I like it. The new G20 body style is right around the corner too which adds another wrinkle in the plans.
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      03-03-2017, 01:20 PM   #12
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Quote:
Originally Posted by MG 228i View Post
I want a 6MT + MPPK so my options are limited.
Ooooooh, I know that pain all too well, especially with RWD

Quote:
Originally Posted by dereksM3 View Post
My biggest reason is hesitancy towards buying/leasing a first year build at least in terms of the B58 engine. I would rather buy a 2nd or 3rd year model with the hopes of having any of the minor kinks worked out. BMW historically hasn't had the best track record on their first model year motor changes. So far it seems the B58 seems pretty good though. I'm actually trying to do a 16' lease takeover from another member but haven't heard back. I will most likely lease the vehicle and buy it out at the end depending on how much I like it. The new G20 body style is right around the corner too which adds another wrinkle in the plans.
My car is Dec. 2015 production and I've got almost 28,000km on my car so far, probably 60% highway - no issues yet I think you'll be safe.
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      03-03-2017, 01:27 PM   #13
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Quote:
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Ooooooh, I know that pain all too well, especially with RWD



My car is Dec. 2015 production and I've got almost 28,000km on my car so far, probably 60% highway - no issues yet I think you'll be safe.
That's actually really good to hear! How do you like the coral red? I drove a 14' 335i that had it and I didn't think I would like red interior but I really enjoyed it.
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      03-03-2017, 02:13 PM   #14
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That's actually really good to hear! How do you like the coral red? I drove a 14' 335i that had it and I didn't think I would like red interior but I really enjoyed it.
Love the coral red; it's not over the top in my opinion. Only wish the lower part of the dash was red like my previous 4er GC but can't have it all I guess
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      03-19-2017, 09:40 AM   #15
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In February - "There is $1,500 allowance on 2017's now, this is how you can get below invoice. "

Is this still a valid discount in March? on 2017?

Looks like 2018 price increase is only 200 USD but residuals went down from 60% for 12K miles to 56% - that is significant. Plus on a new resigned car dealers are not willing to give full discounts - so it makes a lease for a comparable car $50 - 100 more
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      03-19-2017, 03:34 PM   #16
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I just ordered a 340i sticker wad $55845 w/ destination, sale price $46,870. 16% discount
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      03-19-2017, 05:43 PM   #17
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Quote:
Originally Posted by tom73 View Post
I just ordered a 340i sticker wad $55845 w/ destination, sale price $46,870. 16% discount
Hi Tom, does your sale price include any incentives (i.e. $1,500 fleet or $1,000 ski event code)?
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      03-19-2017, 06:05 PM   #18
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Quote:
Originally Posted by tom73 View Post
I just ordered a 340i sticker wad $55845 w/ destination, sale price $46,870. 16% discount
Please explain. Haven't pulled the trigger, but with an order...and asking 2 different dealers, I'm not getting any better than 9% discount.

?

The $1000 lease discount is not available in March (like it was in Feb).
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      03-19-2017, 06:07 PM   #19
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Quote:
Originally Posted by otay View Post
Quote:
Originally Posted by tom73 View Post
I just ordered a 340i sticker wad $55845 w/ destination, sale price $46,870. 16% discount
Please explain. Haven't pulled the trigger, but with an order...and asking 2 different dealers, I'm not getting any better than 9% discount.

?
I was able to get 13% without negotiating. I want the extra 3% lol
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      03-19-2017, 08:20 PM   #20
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Quote:
Originally Posted by otay View Post
Please explain. Haven't pulled the trigger, but with an order...and asking 2 different dealers, I'm not getting any better than 9% discount.

?

The $1000 lease discount is not available in March (like it was in Feb).
Maybe I was fortunate that 1 dealer came in aggressive from the start. I built the car online and sent a PDF to 5 different dealers. 2 offered msrp so they never got another shot. The others offered a minimal discount except for 1. I ended up going to my somewhat local dealer about 20 miles away and told them I had a great deal and wanted to see what they could do. They came back with an almost identical deal. They couldn't beat the initial deal from another dealer. I was going to go with the first deal as I felt that was only fair but the local dealer threw in courtesy transaportation for maintenance. They will drop a loaner off at my home and then return my car to me. Pretty dang convenient.

My lease is 480 month with only first month, lease fee and motor vehicle fees up front. I did elect to pay the multiple security deposit also which is another $3,500 but that is refundable.
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      03-19-2017, 08:22 PM   #21
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Quote:
Originally Posted by JermieX6 View Post
I was able to get 13% without negotiating. I want the extra 3% lol
I'm unsure what incentives they gave me honestly. All I know is the discounts are locked as I wait for the car to be built.
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      03-21-2017, 06:53 PM   #22
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16% are you for real why are they discounting 340is?
my area dealers said no anything near 10%
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