How to Find a Great Deal on a New BMW in Bellevue
Posted on: May 5, 2024So you are ready to buy a new BMW! This is a great choice. You’ve done your research and have decided on what type of car you want. Now you need to figure out how to get the best deal for it. Back to research again!
Getting the best deal on a new BMW is a matter of timing, research, and negotiation skills. You can use rebates, specials, loyalty programs, and much more to lower the cost of your new car. BMW is known for its great discounts. You need to know what those are and how to ask for them. Follow these steps, and you’ll find yourself in a position to walk away with a great deal on your new BMW.
The Internet is Your Friend
Find out as much as you can about the model you’re interested in and its price by going to as many dealership websites as possible. Don’t just check locally, do a nationwide search. Even sites like Carfax and Edmunds (they sell used cars), will allow you to get a baseline understanding of what to expect. The U.S. News Best Price Program website offers an online tool where you can lock in a price for your Beamer even before you walk into a dealership.
Timing is Crucial
In general, car dealerships have monthly and yearly quotas to meet. Therefore, the end of the month is a better choice to buy a car. December is really great because, in addition to salespeople trying to meet quotas, the dealerships themselves want to move their current inventory to clear up space for the new year.
However, the best time to buy your new BMW is when you are not under a time crunch because that’s when you’ll be able to call the shots and walk away if necessary! But if you find the car at the price you want—run to that dealership and close the deal. Don’t be wishy-washy!
Custom Order or the New Car on the Lot?
It’s obvious that a custom order is going to be more expensive than the brand-new cars that are sitting on the lot. The longer a new car sits on the lot, the more the dealership loses money. This is why it is important to do a nationwide search for brand new Beemers that are sitting on the lot. This way, you have a higher chance of getting a model that has most, if not, all the features you want. Our experienced sales professionals can certainly help you with this.
A Little Competition Goes a Long Way
It is a wonderful strategy to contact several dealerships and ask for the contact information of the general sales manager. After you have acquired a few that have the Bimmer model you are looking for, send them an email, then actually call and have a conversation about the particular model you are interested in.
Tell them about what you’ve seen elsewhere—give them the exact information—and ask what type of deal they could offer to beat that price. Be firm. Be honest. Be willing to walk away. But most of all, don’t play games. Don’t waste people’s time. They’ll lose respect for you, and you won’t get a second chance for a great deal. If you get the deal, go for it!
Don’t Hesitate to Drive It or Ship It
If you’re doing a nationwide search, you may end up finding the model and price several hundred or even thousands of miles away. Or perhaps you may want to custom order your exact model from BMW North America, which is situated in South Carolina. No worries. Do the math.
If after paying for gas and time, driving your brand-new Bimmer back to your place of residence is actually cheaper than buying one locally, then by all means do it. Enjoy the drive! You can also have your car shipped to you by car carrier or you can hire a hotshot hauler, who hauls small loads like one or two cars. No matter what you choose, remember, that the numbers must make sense—so, once again, know your numbers.
Types of Discounts Dealerships and BMW offer
Not all fees are negotiable, but some are. Under certain circumstances, the dealership will be flexible with these fees:
- documentation fee (doc fee)
- dealer preparation fee
- delivery fee
- advertising fee
BMW itself offers certain discounts if you qualify. These are:
- loyalty (you already own a BMW)
- conquest (you’re changing car brands)
- graduating to another class (you’re moving up to a more expensive model)
- mobility program (customers who need adaptive assistance)
- military incentive (if you’re a veteran), and there are more
Also, if you’re buying an all-electric car, if you qualify, you might get a $7,500 EV (Electric Vehicle) tax credit.
Service at Landmark
Ask us. We can help! Visit our Service at Landmark Motors. We are conveniently located in Seattle and Bellevue. Whether you want to buy a new BMW or service the one you already have, we are here to help you.