12-24-2020, 10:23 AM | #1 |
Brigadier General
1575
Rep 4,577
Posts |
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 |
12-24-2020, 04:22 PM | #2 |
Major
647
Rep 1,232
Posts |
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
|
12-30-2020, 10:07 PM | #4 |
BimmerPost Supporting Vendor
1065
Rep 799
Posts
Drives: M car specialist
Join Date: Apr 2020
Location: NY, NY, CT, PA, MD, VA, DE, MA, NH, VT, FL, GA, SC, NC, MS, TX, CA, WA, NV
|
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 | |
Brigadier General
5300
Rep 3,056
Posts |
Quote:
__________________
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 | |
Brigadier General
1575
Rep 4,577
Posts |
Quote:
__________________
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 |
Second Lieutenant
127
Rep 221
Posts |
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 | |
Lieutenant Colonel
3160
Rep 1,844
Posts |
Quote:
__________________
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 |
|
01-10-2021, 08:26 PM | #9 | |
Captain
688
Rep 750
Posts |
Quote:
|
|
Appreciate
0
|
01-11-2021, 10:16 AM | #10 | ||
Second Lieutenant
127
Rep 221
Posts |
Quote:
|
||
Appreciate
0
|
Post Reply |
Bookmarks |
|
|