How Much I Paid For My 2020 M340i

[@Rodriguezrr7]

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🙏🏼

[@joshwest5408]

Thanks for actually making a video about cost of ownership! This is what people want to see!

[@cuttingedgecool7235]

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.

[@simonel9332]

Bro, this is gold. Thank you for sharing your information. Will need these notes for the next dealership visits

[@Gino20202]

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.

[@JMD535]

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!

[@22WhereAreYou]

Nahhh that man was bugging with that APR. Credit union is always the move

[@chris_fitness85]

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.

[@chris_fitness85]

I also refinanced 11 month later, lol saved even more money

[@MichaelNNguyen]

Always keep the original OEM parts as you modify your car for resell purpose. Love your transparency Mike.

[@LuvingLibra]

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!

[@zzim200345]

In the market for this same vehicle and definitely gonna use these strategies. Much much appreciated

[@Cory69]

did u get it

[@95blkmax]

loved it! Thank you for sharing the tip about the refundability on service contracts. Most people do not know about that!

[@catdog4723]

Thank you for taking time to make these great videos. You’re real and straight up honest! I’m happy for you being so successful!!👍😊

[@KiesMotorsports]

Seems like a good deal on it!

[@joshuadescoteaux]

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?

[@CDOES]

Real knowledge there man. Appreciate it. Merry Christmas!

[@mariomelita197]

You’re one of the best car youtubers I watch. Keep up the good work!

[@joeeacott9707]

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.

[@WrathOG]

bro thinx for this exact subject content, most people wont go this far in detail ty!

[@Slowspeed]

I don’t blame them. Especially with the keyboard warriors and financial guru commenters!!

[@EarthianZero]

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)

[@eeeFloww]

did you end up getting the tesla? if so, how is it?

[@MoNeenja]

Just an FYI the dealer is only obligated to charge title, tax, and registration fees + doc fees (not over $75). Any other shit, do not pay

[@w1nnin]

Respect bro 😎 u keeping it real with your viewers. Lot of youtubers 🧢.

[@Slowspeed]

💯💯

[@Saielb]

That extended warranty HUSTLE 🤣🤣🤣

[@michaelike7954]

I’m guessing the box is wheel spacers ?

[@khmer4life]

Thanks for putting that info out there Slowspeed! I love your content bro! Excited for the new platform man!!!

[@WhatsyourForte]

It’s always best to get your own financing bro. I have purchased many cars and you have the power when you can walk in with a check.

[@Eddy-09]

Silly question, but do you normally get pre-approved and then walk in with a check? What if the deal goes south, what happens to the check?

[@realnapster1522]

@@Eddy-09 you just tell them that you have financing. And finalize later.

[@G20SEV]

lol next time im not goin to the dealer and ima show up with a check i wonder why you didnt do that at first to save the trouble of negotiating warranty and gap or wtv!

[@jeffreyjolicoeur8218]

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.

[@m.santos877]

Some credit scoring models go up to 900 or 950, including the FICO Auto Score and FICO Banking Score.

[@mcosta1819]

And now they're going for 65k fully loaded. Crazyness

[@gissellevalenzuela9571]

How many miles did this have when you drove it off the lot? What packages does it come with?

[@flightdeckj]

Thanks for the transparency bro ✊🏾💯

[@That_Slow_F22]

Trying to purchase my own M340 right now. Thanks for the good info !!

[@solomonm2405]

That's some great information bro! Keep moving up.

[@milaanmilaan2853]

I appreciate your honesty, saved me a big build/headache 🤪🤪🤪

[@MLMUSICA]

Trying to get a 2022 m340i my self, this video is real helpful

[@quadryredmond1213]

Great vid bro! Im not sure what to jump into next either the m340, supra or a m4

[@Eddy-09]

What did you end up going with?

[@quadryredmond1213]

@@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.

[@Eddy-09]

@@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.

[@mirkono]

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.

[@brewswillis7294]

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.

[@mannym1248]

Awesome video and thanks for the informative content.💯💯💯

[@kevinbreese5739]

How many miles were on the car when you bought it?

[@jaredwilliams4648]

Good content. Appreciate the transparency

[@trenchbabystudios]

Hey bro ! I’m from New York..just bought a 435i gran coupe going to put fbo ..

[@jannonflores1113]

Do you think it’s better to lease this or buy? Man I really love this car and it’s gonna be sweet driving this in San Fran.

[@mannyinnyc]

My man sneaky linked that warranty lmao

[@Slowspeed]

Gotta do what you gotta do!

[@andrejosaphat5902]

Great video and car buying advice !

[@twinz664]

Came in clutch with the info I just grabbed a 17 q50

[@odugs]

How is a brand new M340i only $47,XXX? Where? Are you factoring in your trade in value? What was the MSRP of your M340i please?

[@Eddy-09]

@@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.

[@ThatGuyShel]

Yessir! content king!!

[@DjDo5aGe]

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!

[@MegaTony805]

How much they give you for that trade in ?

[@datm340i6]

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?

[@itzzztoodah8203]

How much did you put down and what was monthly ? I’m currently looking for 16 340i x drive

[@datm340i6]

@@itzzztoodah8203 4k and monthly was 375$ and 72 months but my credit score is a 740 so might be different for you

[@itzzztoodah8203]

@@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

[@datm340i6]

@@itzzztoodah8203 yeah after taxes that was the final number

[@DomV123]

Beautiful car bro, hope to pick one of these up in a couple years when they drop into the 30k price range

[@NOCallerID00]

Should’ve been damn near in 30 stupid inflation

[@JaeBTundra1]

@@NOCallerID00 yea at least 40s lol smh this is crazy

[@Dogowisdom605]

Should be at 30s in 2024 or 2025

[@numberdontlie6or9]

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 😂😅

[@sohonney5351]

your explanation of the negotation was perfect, def learned something from this

[@jacksampson7711]

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!!!

[@TheLaxplayer26]

the douglaston plaza background

[@jahudini]

Good buy. I own one myself. Was the car a 0 mile when u bought it? If not what was the miles per purchase?

[@Slowspeed]

4127

[@jahudini]

@@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 👍👍👍.

[@Sumaxc]

Only thing I got from finance is the wheel and tire. Only added like 30 bucks to my monthly payment

[@drakosasori3071]

Super informative video bro, especially with the finance!! Keep up the good content, subscribed 🛎

[@MyDailyPerspective]

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.

[@timg7885]

Great info! Nice Ride.

[@Slowspeed]

Thanks!

[@mannyinnyc]

STAND OUT GANG!!!!

[@Leandre22_02]

You just put me on game bruh the credit union is a hack

[@Erickguitar16]

Bro I'm from MD too where did you get the car? Name of dealer ship

[@ChrisDavis333]

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.

[@ChrisDavis333]

Bad credit looking at 15 lol

[@ivanfider1631]

Great talk. Looking to buy a BMW right now.

[@AtoMiCxMODs]

🤣🤣 I learned something today , nice video brotha

[@lueluc8522]

What division you work for thr state?

[@masonlowdermilk7705]

Awesome vid and awesome car 🤘🏼

[@LouBuckzz]

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 ?

[@DadUsed2Skate]

I’m totally using the service contract on my next car lol

[@dmaxxd94]

That’s why we get bad reps in the business. A 797 is getting approved by anyone with a dope ass APR.

[@josepineda9740]

Yoo brotha , ima eyeing at m340i has 42k miles asking 40k is a high mileage b58 good ?

[@kennywilson3270]

That's low. They're back up again

[@josepineda9740]

@@kennywilson3270 that’s pretty bad deal , not low at all , i honestly was thinking about one but that’s to much 46k for used bmw , nah go buy a new 22 Camaro ss or 5.0 , unless u can find one less miles

[@kennywilson3270]

YOU'RE are correct 😬, didn't see the miles bud.

[@skoluh]

If you're still looking for one, just wait till july. Car prices are about to tank HARD

[@josepineda9740]

@@skoluh prices gonna go down?

[@TheGamingAudiophile]

Hey bro, you should also consider investing the money you don't put down. Nice car by the way. Enjoy it man.

[@rajyavardhanhanda5529]

bout to buy a brand new m340, wondering why isnt that service warranty worth keeping for a car like that if you plan to keep it for a long time

[@Slowspeed]

Well one , New BMW already come with warranty. Two I don’t plan on keeping the car until the original warranty expires

[@MHal312]

Did you get your car ? Just curious on your numbers.

[@davec5237]

Thanks for the info bro.👍

[@E70dino]

Bro I see you going big one day. Stay humble bro. From the narration and the way you present. Good job on the content 👌🏽

[@jldp24]

I wanna buy one..but they look so average..and f82s look so aggressive

[@serrtac61]

where are the laserlight lol

[@gioperdomo6532]

Thanks for the advises

[@davidhale6247]

Did you get those numbers from a bmw dealer ?

[@trapgodnah9022]

Whats the name of the warranty company, i just purchased my first car, 2017 340i and they ripd me on the warranty, but they lied to me, i asked 5 times, is there anyway i can buy the car without the warranty and they told me no, im trying to find out how to cancel the warranty

[@Eddy-09]

Did you end up canceling the warranty?

[@trapgodnah9022]

@@Eddy-09 yeah

[@Eddy-09]

@@trapgodnah9022 did you get a full refund?

[@trapgodnah9022]

@@Eddy-09 yes

[@michaellackie6274]

Isn't 850 max for credit score?

[@zxth4729]

debating on a f82 or this

[@skyshreet3]

The color is amazing

[@Allmotorsmoke]

If you don’t mind me asking how many miles were on the 435?

[@Slowspeed]

A lot lol

[@FutureAAMember]

Spacers?

[@SergoArakelyan13]

How much money you pay every month?

[@SpendingAddiction]

How did you pay $46k when on the website they are $56k? Even used ones are more lol

[@Slowspeed]

I got mine used and the market isn’t as inflated as it is now

[@SpendingAddiction]

Oooh gotcha. Ima get one in a year. Hopefully the price goes back to the usual. Was it less than 25k miles

[@Eddy-09]

@@SpendingAddiction saw him mention somewhere that it was around 4200 miles.

[@fiveplates]

"If you can't buy it twice, you can't afford it!" -- Jay-Z. Next time put your money in an ETF my young brother and help secure your future.

[@Iskateminilogo]

Sheesh you were 46k into the 435i and they gave you 13 for it?😱😱

[@Slowspeed]

Yupp

[@Donkens]

you shouldnt tell them that you can go down with a certain amount, the more you owe, the better the margins for the dealership

[@apc9079]

Dravit Grey looks way better than the blue.

[@SSSGamerHQ]

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]

I’m looking at a 2020 with 27k miles for $43k. Is this a good deal, or should I pass on it?

[@SSSGamerHQ]

@@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.

[@Eddy-09]

@@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.

[@SSSGamerHQ]

@@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 👍

[@kunaalsharma432]

U didnt have to get the tracker, they can literally deactivate it from the computer n boom u save like 2k

[@nathanielordonez2257]

This my dream car one day I jus needa find me a good career

[@backtoshallabal6662]

is this quicker than a stock Type R?

[@Slowspeed]

Most definitely

[@juliuskennedy7553]

Good information

[@Danimal2510]

47k brand new?

[@BoostInMotion]

why didn't you just lease? cut and dry

[@Slowspeed]

0 down leases were about the same. Not really much on incentives at this time. Plus 10k miles per year isn’t much

[@BoostInMotion]

depreciation is a bitch. remember this is just my opinion. i never buy new cars i lease them

[@marco30599]

@@BoostInMotion right now in this wild car market where demand is bigger than the supply… depreciation doesn’t exist

[@BoostInMotion]

@@marco30599 yeah this comment was before shortages

[@_triplj9982]

@13:06 GOLD! Sub'd