Dealership discount in Toronto and area

[BBDC5]

Hi everyone,

Thinking to get a 2016 M4, what is the possible discount that I can get from dealers in Toronto and area?

Thanks!!

[BBDC5]

Please help a fellow member. I really appreciate it.

[bobblehead]

5% should be your min target if you need to custom order.

If the car is on dealer lot now, 6% should be achievable, imo

Watch out those excessive bogus fees. Just visit all the local bimmer dealers to see who will meet your demand

Bmw Toronto / parkview
Tcbmw
Endras

They are slightly easier to negotiate

Worst dealers in my past experience would be autohaus, budds and maranello

[bedboy]

I got 5000 of. At BMW Toronto.

[BBDC5]

Thanks guys, I was thinking 2% to 3%. The sales advisor kept on saying that all M cars can sell, and there is no need for them to give any discounts to customers….. interesting…..

[bobblehead]

Don't trust sales guy !!

So many gta dealers out there , take your time

Don't forget, MY 2016 is almost done for the yr, MY 2017 is only 2 months away from ordering

[BBDC5]

Thanks bobblehead!!! I will be doing a lot of shopping as this will be my first M car if everything goes well..... Wish me luck

[bobblehead]

as for fees, every dealer will have different fees structure, do watch out:

nitogen air - $300+
vin etching admin fee - $200 - 300 range

These are not mandatory fees and dealer will have to take them off if you ask them to. If dealer refuses, then you can suggest OMVIC consider those charges as "upsells" and you, as the consumer has the final rights to not pay them at all. Dealer can face hefty fines from OMVIC for violation of such refusal and the worst case would be suspension of car selling license in Ontario.

[pyceasyas123]

Talk to Jay Wong at Endras. Tell him you found out about him from the forum and Paul says hi. He will look after you. Honestly the best sales guy I've ever dealt with.

[2kaccordocoupe]

FYI - Markup from invoice to msrp is 8%

[SSM46mt]

i got 6% + loyalty around this time last year for a new build but I did not watch the extra charges - be careful on those

[bobblehead]

Originally Posted by 2kaccordocoupe

FYI - Markup from invoice to msrp is 8%

markup is really 9.5%. Not 8% if you have gotten from CCC or unhaggle.

[2kaccordocoupe]

Originally Posted by bobblehead

markup is really 9.5%. Not 8% if you have gotten from CCC or unhaggle.

Interesting, yes it was unhaggle and it was from MY2015. Forgot to take into consideration the 1k price increase for MY2016. Thanks for the correction.

[BBDC5]

Thanks for the feedback. I will keep everyone posted on how it goes. Hoping that I can get a good discount on my first M car... finally the wife said "Yes"........

[bobblehead]

Better put that in writing 😃

[Benzima]

Originally Posted by BBDC5

Thanks for the feedback. I will keep everyone posted on how it goes. Hoping that I can get a good discount on my first M car... finally the wife said "Yes"........

Same situation here! Go for it!

[rudeboy_2777]

Originally Posted by BBDC5

Thanks guys, I was thinking 2% to 3%. The sales advisor kept on saying that all M cars can sell, and there is no need for them to give any discounts to customers….. interesting…..

Sounds like you visited pfaff bmw with a statement like that

[Syscrusher]

5% no problem and another 2% from BMW Canada you Join BMW Clubs of Canada for one year.

[BBDC5]

Thanks for all the tips!

I know this is a bit off topic. My wife wants a M4 but I prefer the 4 door. I know this is more about personal preference but how did you guys make the decision?

[farbmw]

It was a no brainier for me the original M3 was two door, even they did change the name to M4, it will always to me be the M3 I always wanted. Plus it looks damn good in a two door!

[BBDC5]

Man, I hate it when my wife is right.....

[catch]

Originally Posted by BBDC5

Hi everyone,

Thinking to get a 2016 M4, what is the possible discount that I can get from dealers in Toronto and area?

Thanks!!

Shoot me a PM. I'm the Manager of Client Retention and Executive Sales at Serpa BMW. I'll definitely take care of you!