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      04-26-2017, 11:39 AM   #1
gswcowboy
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Noob Question Re: ED

Sorry for the lack of research on my part but quick question on ED. I got a quote on 2018 440i GC for $61410 w/ all the options/packages I wanted. I just wanted to confirm the only discount is the base price and does not include discounts on options/packages chosen?

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      04-26-2017, 03:04 PM   #2
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Quote:
Originally Posted by gswcowboy View Post
Sorry for the lack of research on my part but quick question on ED. I got a quote on 2018 440i GC for $61410 w/ all the options/packages I wanted. I just wanted to confirm the only discount is the base price and does not include discounts on options/packages chosen?

TIA
-Ren
What do you mean? What's the discount? BTW I think you can go lower on that price, ED or not.
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      04-26-2017, 03:33 PM   #3
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ED discounts both the msrp and invoice by 5% off base price. You are then free to negotiate a discount as you would with any purchase - usually near 7% additional on both base price and options - not destination. Plus any rebate or financing rate incentives.

I will check my ED numbers and verify.
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      04-26-2017, 03:35 PM   #4
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Quote:
Originally Posted by gswcowboy View Post
Sorry for the lack of research on my part but quick question on ED. I got a quote on 2018 440i GC for $61410 w/ all the options/packages I wanted. I just wanted to confirm the only discount is the base price and does not include discounts on options/packages chosen?

TIA
-Ren
Correct. The 5% ED discount only applies to the base car MSRP and Invoice. It does not apply to the options.
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      04-26-2017, 04:05 PM   #5
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Confirmed.

So the base price for 2018 440i is 48,700. Take 5% ED discount and it goes to 46,265

Then add to the 46,265 the list price of all options except 995 dest & handling.

With this subtotal, you should be able to find offers close to 7% off, then add 995 dest and handling, then tax on new total and finally a doc fee of around 200 (depending on your regional going rate) - that gives you a total you are shooting for.

If you list your exact options and sales tax rate and I can check your number for you.
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      05-01-2017, 04:57 PM   #6
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was able to more research and found dealer in socal to provide me the following quote. waiting now on confirmation of my pickup date.

tanzanite blue
dakota leather
premium
m sport
executive
track
704M
blind spot
active driving
heated steering wheel

$57,605 plus tax, $80 doc fee, and registration
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      05-02-2017, 03:59 PM   #7
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Quote:
Originally Posted by gswcowboy View Post
was able to more research and found dealer in socal to provide me the following quote. waiting now on confirmation of my pickup date.

tanzanite blue
dakota leather
premium
m sport
executive
track
704M
blind spot
active driving
heated steering wheel

$57,605 plus tax, $80 doc fee, and registration
According to my math that is $1550 over invoice.

46265
1950
1450
2000
2250
2100
1700
500
500
190

Subtotal is 58905
Approx 7% disc to invoice = 55060
+995 dest = $56,055 plus tax, doc, reg

Although I don't know if there are any differences on the west coast - sometimes there are with rebates, but no rebates in this example.
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      05-02-2017, 04:17 PM   #8
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Quote:
Originally Posted by tturedraider View Post
Correct. The 5% ED discount only applies to the base car MSRP and Invoice. It does not apply to the options.
Quote:
Originally Posted by metallicpea View Post
Confirmed.

So the base price for 2018 440i is 48,700. Take 5% ED discount and it goes to 46,265

Then add to the 46,265 the list price of all options except 995 dest & handling.

With this subtotal, you should be able to find offers close to 7% off, then add 995 dest and handling, then tax on new total and finally a doc fee of around 200 (depending on your regional going rate) - that gives you a total you are shooting for.

If you list your exact options and sales tax rate and I can check your number for you.
Quote:
Originally Posted by metallicpea View Post
According to my math that is $1550 over invoice.

46265
1950
1450
2000
2250
2100
1700
500
500
190

Subtotal is 58905
Approx 7% disc to invoice = 55060
+995 dest = $56,055 plus tax, doc, reg

Although I don't know if there are any differences on the west coast - sometimes there are with rebates, but no rebates in this example.


Thanks for the feedback. Here's what David tabulated for me.



Base $43325 (ED invoice?)
Tanzanite Blue $1795
Dakota $1335
Premium $1840
M Sport $2345
Exec Pkg $1930
Track Handling $1565
704M Wheels $830
Heated Steering $175
Blind Spot $460
Active Driving $460

Subtotal $56060 + $995(destination) + $500 (Dealer Profit) = $57555 ($60 discrepancy - would need to check that)
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