04-01-2015, 11:38 PM | #1 |
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Hey guys, my business partner Maddict3 and myself are looking to order '16 M6s to replace his Mineral White M4 and my Sakhir Orange M6. We figure we both should order the cars at the same time to get more leverage with the dealers as our goal is to do European Deliver with ED Invoice. From our understanding ED Invoice is a nice discount on the car on top of the standard discount from ED MSRP. What we would like to know is how we can get such a concession. If anyone knows how this can be done or has any experience doing this, please chime in. Also if anyone knows the residuals for the month of April please post those here as well.
I just saw the configurator for the MY16 M6 on BMW USA's site and I noticed the options now are more reasonable, for example B&O is now part of the Executive Package. The addition of Aragon Brown as an interior option is also very nice. However, I don't see the Competition Package which I've always said is a must on the options menu, and there is no indication as to it now being standard, anyone know what that's about? I'm looking at 3 possible builds. In order of cost, low to high: 1. 2016 BMW M6 Coupe in Sakhir Orange Metallic on Aragon Brown Full Merino Leather, all options except Night Vision. (Yes I love my Sakhir M6 enough to do Sakhir again) 2. 2016 BMW M6 Coupe in Individual Moonstone Metallic on Individual Amaro Brown Full Merino Leather, all options except Night Vision. 3. 2016 BMW M6 Gran Coupe in Individual Frozen Bronze Metallic on Individual Amaro Brown Full Merino Leather, all options. Please vote on the builds, let me know what you think. So far build #2 is ahead in my mind.
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04-01-2015, 11:48 PM | #2 |
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Twitch,
You can find April numbers here: http://f10.m5post.com/forums/showthread.php?t=1109933 Also you may be interested to know: For Base Price US Invoice = US MSRP x 0.92 ED Invoice = US Invoice x 0.93 For Options US Invoice = US MSRP x 0.91 ED Invoice = US Invoice Goodluck with your new M6
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04-01-2015, 11:58 PM | #3 |
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Wow, residuals are terrible for the M6! So let me see if I understood this, ED Invoice comes out to be 7% off the MSRP of the car? If so, can that be applied on top of the 7% you save from European Delivery? I'm a bit confused.
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04-02-2015, 12:05 AM | #4 |
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Yes basically US invoice is 7% less than US MSRP which is almost equal to ED MSRP. If you can get ED invoice then it's ~14% below US MSRP for base price. For options, there is just 7% below US MSRP
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04-02-2015, 12:05 AM | #5 |
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Does anyone know whats the highest residuals have been on the M6? The difference in residuals between the M5 and M6 are ludicrous, has it always been that way?
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04-02-2015, 12:39 AM | #6 |
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You can ask GOLFFRR about the history of the residuals but the other day he told me that M6 and 6er have the same numbers.
When I got my first 650i in September 2011 the residual was 60%/12k and that car was one of the first F13 arrived in US. In April 2013 I traded that car with another 650i and residual was 56%/10k ...
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04-02-2015, 03:35 AM | #7 |
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Saw a moonstone 650i the other week, and that thing looked awesome. Really futuristic looking. Definitely looked different than any of the other silvers or grey tones in person. That'd get my vote, though I'm not sure what interior choice I'd match it with. I think black interior works best, though I know everyone gets tired of that. Had it myself on the last couple of cars, and personally prefer it over any other color.
Had a neighbor with a frozen bronze 6gc back when it first came out. He had some two toned white and amaro interior. I think if he tinted the windows it would look alot sleeker, but with his clear windows and all of those different colors going on it just seemed a little intense - like a UT Austin sponsored vehicle. |
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04-02-2015, 04:43 AM | #8 |
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Before I put my order in for the 2016 m6, my CA told me that the competition package will be available the second half of the 2016 productions- meaning, they won't pop up on the configurations/any ordering guide until July this year, making it until the fall that any m6 with CP be seen states side. I posted on one of my threads an article that car scoops reported that the stock steering/suspension has been adjusted for the 2016s, 1 lb of torque added but the hp stayed at 560
I don't track my cars- so I put in my order without it. Already status 150 with a mid July delivery here in SoCal. My exterior and interior are both individual colors- so that usually tacks on 3-4 weeks ontop of the 6-8 a car takes to get built once your allocated production starts
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04-02-2015, 06:13 AM | #9 | |
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04-02-2015, 07:33 AM | #10 | |
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04-02-2015, 09:14 AM | #11 | |
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Quote:
http://f10.m5post.com/forums/showthread.php?t=1097950
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04-02-2015, 09:21 AM | #12 | |
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04-02-2015, 09:29 AM | #13 |
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Oh my bad... I thought you meant M6 and 6er have the same numbers all the time...
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04-02-2015, 09:45 AM | #14 |
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I can vouch for ED Invoice price. My car with MSRP of 129K got about 14% off to settle around 111K. Although with all the fees and tax crap at the end, I paid about 125K. Actually with the wheel and tire coverage it was near 127K.
50K down, 60 months for $1391.00 |
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04-05-2015, 07:57 AM | #15 | |
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The 6-series normally has lower residuals. My belief is that it carries a large premium when new (A 6 series costs a lot more than a 5 when new) and that delta goes down over the course of the next couple years. BTW, you are asking the dealer to give you their cost and lose two allocated M6s on a Euro Delivery where they make even less money - I'm sure there is some dealer out there that might take the deal - but it will be a bigger challenge at the beginning of the model year. You might actually have more luck splitting your deal between two dealers (because you will not only use up the dealers allocation but they will probably have to trade with another dealer - all the while not making any money - like I said, probably someone out there willing to do it, but not a very attractive deal for them).
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04-05-2015, 08:02 AM | #16 | ||
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04-06-2015, 09:16 PM | #17 |
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More bad news
As I expected, rates on the 2016s are down - only a percentage, but still.
36 month 2016 m6 coupe,vert, and GC 15k 52% 12k 54% 10k 55%
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04-12-2015, 09:31 AM | #18 |
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I am now debating between getting the m6 gc or b6. But the residuals are lower than I expected. I had a 61% residual when i bought my 13 650 when it first came out.
Would be nice to see the history of the 2015 residual from release date to the end. I am wondering if I should wait or not. On the one hand I would guess the deals and residual will get better if I wait, but that would mean I wouldn't take advantage of the pull ahead program. |
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04-12-2015, 10:23 AM | #19 | |
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For example: Your total lease payment (excluding tax) for a 130k car with 0.0013 MF , 55% residual at MSRP price is $67930 Your total lease payment (excluding tax) for the same car with 0.0013 MF , 56% residual at MSRP price is $66690 ... so 1% more residual means $1240 saving for you (less than 1% of MSRP) Now if you get 1% discount (instead of 1% greater residual) to reduce the sales price to $128700 with 55% residual your total lease payment is $66570....so 1% discount means $1360 saving for you (more than 1% of MSRP) It's all about mathematics and playing with numbers; So try to negotiate instead of waiting for residuals to go up
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04-12-2015, 10:37 AM | #20 |
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I wasn't hoping for a 1% change I was hoping for a 3% change. But I am not sure if that is realistic.
I have an offer for 2k above euro invoice right now with no incentives used. I can probably get that to 1k above euro invoice. But with a 55% residual on a $122K ED sale price and .00160 Euro MF, it's still a little higher than I want to pay. Where I really get screwed is that I am in Texas and have to pay full taxes on a $122k car. I feel like in a few months we could see a higher residual with possible some incentive cash. Usually I wouldn't be this picky, but since I still have my 650i until November, I have the patience to wait. My goal was to take the $9200 I would save if I return my car 6 months early and add that to a B6 or M6 GC lease so my payment on the new car would be about $255 a month higher. Considering my 650i had a $121k msrp I thought that would be pretty feasible to do, but the residuals pretty much make that impossible to do. |
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04-12-2015, 05:27 PM | #21 | |
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Do you mind to share the payment (excluding tax) you are offered for a 122k car at 2k above ED invoice? I guess the US MSRP of this car should be ~140k right?
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04-12-2015, 05:43 PM | #22 |
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This is for a B6
US MSRP was about $138000 ED invoice is $121230 At $123230 I am getting a monthly payment of $1721 without tax. Which would be about $1932 with tax. If I use 2k above U.S invoice with the U.S. money factor I am at around the same payment about $20 more a month. There isn't much of a difference at all. Last edited by dsad1; 04-12-2015 at 06:26 PM.. |
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