I’m a salesman and idk wtf they’re talking about saying you’re in the tier 2 bracket lmfao 720+ is Tier 1 credit they were playing dumb. But you hustled them brotha good shit!! You got a great deal and congrats on the car🙏🏼
My man Mike, you described your finance deal so well, I felt like I was your boy sittin next to you in the dealership observing you hammer that deal out! Congrats on that sweet 2020 B58.
Unbelievable how much car prices have gone up in the last 1.5 years. I just paid $45,988 for a 2019 330xi M-Sport in Portimao Blue with 23k miles. You got the M340i, a year newer for basically the same price. And what I paid was the lowest price around for the same car/color/miles in a 300 mile radius. Nuts. I love how you use the extended warranty to your advantage. I never knew you could cancel them after the fact. That's a great bargaining tool. And most dealers are as dirty and tricky as they come when bargaining with consumers, so I'd feel no guilt cancelling it after the fact. Great video.
Bruh, I am proud of you,...because you have learn how 'money' factors work in a capitalistic society! Also, with a 797 credit score,...they should have had you down in the 2% range,...straight up! Also, that's pretty smart on the 'warranty' move,...major props!
Big facts on the warranty talk. I ended up getting a full refund on mines as well. Dealership always trying to break your neck with it. Solid info my guy.
I, unfortunately, included an extended warranty on my F30 purchase for an unseen amount about a month ago & have regretted ever since. Watching this post has taught me I need to get my damn money back & throw it on my principal. Thank you for this...you are appreciated!
Hustle the hustlers. Max credit score is 850 so they were playing with an invisible 50 points 😂. Definitely getting the credit union check before I walk in the spot Q1.
REALLY glad to have found this video. You said the car was 46,999. If you want this EXACT same car, it'll cost you around 58,999 - 62,000 in 2022 July.
Appreciate the breakdown. I was thinking about getting a brand a new m340i but after hearing what you went through at the dealership finance office I am gonna get a tesla model 3 performance instead (ain’t got time to deal with car dealers BS)
i had a mineral gray f32 435i, @G20_Tonito. I remember watching ur vids and buying vrsf parts and modding it. such a great car full stage 2 e85 drove it to 140k miles with no major issues other than the valve cover gasket leaking lmao. then i traded it in for a 2020 g20 m340i in portimao blue w black interior. so funny i cant wait for the videos to come! B58 GANG!
@@Eddy-09 going with the manual supra when it releases. Waiting on the prices to drop on the m3/m4 or find a good deal on one. And wouldnt bother with m340.
@@quadryredmond1213 What made you decide against an m340i? Originally I wanted to place an order on a g80 m3, but I’m not inlove with the new front end. Yes the s58 is better than the b58, but other than that I don’t feel it’s much different from a m340i, which is a lot cheaper. I feel it’s 80-90% of what an m3 is.
Wait I’m missing something lol that was hella knowledge dropped! Well explained & will definitely take advantage of the info. So just as long as I cancel within 30 Days I can basically screw over the person trying to screw me over ??!! Lol oh yea it’s ah wrap 😂😅
Thanks for this video. I purchased my Portimão Blue 2020 M340i with 13k miles for $46k. That was the best deal I could find, and took that with the low miles. It wasn't loaded, no heads up display, no premium audio, no heated seats or steering wheel. Wonder if that was an ok deal?
2 years after this video (March. 2023) I paid $53k (full cost) for 2021 RWD portimao blue, fully loaded m340 with 18k miles on it. And that was by far the best deal I found in 6 months since I've been looking for the car. BMW gave me $8k for my 2013 335i with 112k miles. I paid $40k for on 2016.
People, do not order a bmw. Buy one on the lot, if they have any. I placed my order in May2021. The vehicle has been sitting in the West Coast VDC Pt Hueneme for 3 months and 1 week because they can’t get parts! My dealer or Genius have no clue when parts will arrive or I will get the car.I am going to walk away if no car 10/1/21.
Wow. Can you guys remember when a 5% Apr was something we could be mad about?? God I’d kill for 5% right now, ain’t nobody handing that out, not navy fed not no dealer no bank or credit union, we’re cooked. Fantastic credit gets you 7 or 8 now it’s insane.
Hahaha I just went through the finance process with my sister inlaw!!! Finance guys are pieces of work. Wondering how you afford your life style? $1000 a month car payment is my mortgage!!!
You used the warranty for a better rate....that you already qualified for? Did you negotiate from MSRP or Mark-Up cost down? Did you know invoice amount? Negotiate from that. Did you find out what the "hold back" amount is? Let them know you know their profit margins. Do you know how long that car was on the lot? Read the window sticker dates and get the one sitting longer. They NEED to sell those faster. And ALWAYS...say no to any add-ons at finance. Say it up front... Say it one time.... Fully read and understand the contract...NEVERRRR sign it if you do not understand or disagree....check ALL numbers.
My bro got his pre owned 2020 for $50k and honestly, it's an amazing car, but not for the price. I do love the adaptive suspension tho. I think the adaptive in my bros m340i is better than the adaptive in my m240i. 2 series is quite stiff, but great on the Track. I don't know if there's a more fun car to drive on the track than the m240i for the price
@@Eddy-09 My bros was $49k with BS markup, but it only had 11k miles on it. I'd say that's a good deal considering the markups, 27k miles is pretty low. My bro also only paid for the maintenance package and NO extended Warranty. The car is great, I find it to be much more comfortable than my M240i.
@@SSSGamerHQ I’m going to consider picking it up, going to make them an offer of $40k. Let’s see if we can get it any lower than 43. I do believe the car comes with a couple extra options like the ambient lighting (I think it’s extra) front camera by the top of the front grill, wood grain on the dash area to replace some of the silver plastic. So all in all I do think their asking price is decent for 27k miles.
@@Eddy-09 Yeah, negotiating a better price is always good idea especially right now with the markups. Hope they bring it down to $40k for you, good luck 👍
I know this is a finance video, but i was wondering how much it would look like if i was to Lease it with a tier 1 credit score…. Does anyone know what monthly payments look like ?
@@nbr1stunna78 I did see him mention somewhere it had around 4200 miles. Question tho…. are lease vehicles usually worth less? I ask because you mentioned it had to have been a lease vehicle.
@@Slowspeed Wow. That's def a good buy. Thanks for the financial info. You made me feel I've been played on every car financing lol. Am taking pointers, my lease will be up early 2022 when I will be getting the new M3, am taking your video with me. The M340i is an amazing car and I enjoy your videos 👍👍👍.
I currently got a 2016 340i my interest rate is 3.5% and total cost was 27,589. I’m thinking about buying a 2018 M550i or just lease a 2020 since the payments are Gona be close. What you think?
@@datm340i6 thank you for quick reply . My credit is about 700 prolly will have co sign if needed. If you don’t mind how much was the Loan after taxes. Was it 27k after your 4k down payment ? Thank you
