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      04-23-2020, 08:55 PM  
Next Level Auto Brokers
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Drives: M car specialist
Join Date: Apr 2020
Location: NY, NY, CT, PA, MD, VA, DE, FL

iTrader: (0)

BMW Broker here, Ask Me Anything about car leases/purchases!

Hi, I'm Dan!

My user ID for the business is new, but I'm a longtime lurker/member as well on here. Like most of you on the forums, I do a ton of research on every car I purchase and value real feedback from real owners.

In a very short time, I've built up a network of 15 BMW dealers, and I do the lion's share of all BMW deals on a popular leasing forum website. I myself sell 80+ BMWs per month, and I've learned a lot about what works and what doesn't work.

There is a lot of misinformation on this forum that is either anecdotal or a true unicorn deal when all the stars lined up on one particular car buying day.

I hope to clear the air and pull back the curtain on some of the shady ways car dealers try to make money off unsuspecting buyers.

To start:

----5-6% is invoice for BMWs depending on where you live. Dealers do not lose money if they sell you a car under invoice.

----12% is triple-net-zero for dealers just to move a unit. They are losing money on your deal with the hopes of hitting a BMW bonus tier. For some high volume dealers, they must sell over 200 cars that month to get a $500- $1000 bonus on every car sold that month.

-----Flagship money is a hidden incentive to move certain models. It's specific to the production date of the car sometimes. For example, an 2020 M8 built in 2019 has $10,000 flagship compared to a $2000 for a 2020 M8 built in 2020!
Be sure to ask the forum or dealer if there is any flagship money you should be aware of!

For non-M cars, your goal should be 10-12% off before incentives/rebates AND a base money factor.

Dealers can easily make the discount look better if they mark up the money factor.

ASK AWAY! I'll do my absolute best not to self-promote and keep it educational and fun!

Last edited by Next Level Auto Brokers; 11-12-2020 at 02:20 PM..
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