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BMW questions and answers

Deal Expert
User avatar
Jul 30, 2007
22651 posts
7680 upvotes
Toronto
Ontario (excl Ottawa) is running Toronto auto show special offers on 4 series

$3000 factory credit + 1% rate reduction
Newbie
May 9, 2018
18 posts
1 upvote
Looking at a 2018 X1, silver with enhanced premium package and maintenance. This is a demo with 3k on it 44800 +tax, no freight/PDI. I can lease this at the auto show rate of .99%. Thoughts on pricing?

If I do lease this should I consider any of the protection packages. Would lease for 4 years, don't know I'd buy it out or not at this point.

Appreciate your input,

Thanks
Last edited by TonyG35088 on Feb 17th, 2019 12:11 pm, edited 1 time in total.
Newbie
Mar 16, 2007
67 posts
2 upvotes
booblehead wrote:
Feb 16th, 2019 7:23 pm
Ontario (excl Ottawa) is running Toronto auto show special offers on 4 series

$3000 factory credit + 1% rate reduction
Hi booblehead,

I am going back to the dealer tonight to negotiate. Other than factory credit, should I target certain % off MSRP?

I also noticed that the dealer has some 18 340s in inventory that I am willing to take. What kind of discount and lease rate should I be aiming for?

What is a reasonable amount of PDI?

Thanks a lot!
Deal Expert
User avatar
Jul 30, 2007
22651 posts
7680 upvotes
Toronto
for the 440, aim at 6-6.5% dealer side.

I have seen the leftover 18 340's being discounted by nearly $10,000. In other words, $10,000 / $67,000 (for example configured) would be 15% grand total off ... maybe another 3% to be haggled with seems possible. Not too bad. But it comes down to what kind of residual & interest rate BMWFS is assigning them right now.

reasonable PDI ... you should be looking at $2500 range. wheel locks, mats, vin etching fee, nitrogen air ... could easily add up to $1000 (if dealer wants to rip you off big time)
Deal Addict
Apr 24, 2003
2676 posts
759 upvotes
Toronto
White Comet wrote:
Feb 17th, 2019 12:35 pm
Are you going to head there?
I RSVP'd and received a confirmation. Going to make an effort to go after work.
Newbie
Jan 21, 2019
23 posts
8 upvotes
The 0.99% for teh X1 is not an autoshow rate. This is the rate for February program . The rate is for 2018 model. Its a great deal depending on the % thats held by the dealer. Freight & PDI is always a plus when its taken off however it does come out of the cars markup anyways. There might be some write downs depending on when exactly the car was registered. The only downside to demo is that the warranty & maintenance package that's included in the car starts the day the car is registered as a demo. If its more than 4-6 months I would say you're better off just getting a new X1 if you're leasing the car.

Make sure you get all the information before you go ahead. You don't want to lease a car that has already half a year worth of warranty and maintenance used up.
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