[Thescout13]

Originally Posted by jaysahni2012

So generally speaking...take 7% off the sticker price (finance or lease) and that's what you should've paid for a "good deal"?

So say if the car is $50k, $46,500 would be a decent price to have paid?

I think what the above poster meant is that it's a good rule of thumb. But it really depends on a bunch of factors including demand for the car, how the car is configured, the turnover in that area, the price of the car, how long the car has been on the lot, etc....

For example, my 228 m sport was on the lot for 2 months and the demand for that kind of car in raleigh was not that great, so I got 10.5% off sticker.

But, a friend of mine was trying to buy a M235i in Miami that was decked out, and they could never keep one of those on the lot for more than a week. He couldn't get the dealer to budge on anymore than ~3% off sticker and ended up selling it to someone who offered full sticker. And that's not the only time I've heard that happen. Once and a while you get lucky with that car that's burning a hole in their books.

Best,

M