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🙏🏼
@22Aku3 жыл бұрын
Nahhh that man was bugging with that APR. Credit union is always the move
@Gino202022 жыл бұрын
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.
@JMD5353 жыл бұрын
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!
@KiesMotorsports3 жыл бұрын
Seems like a good deal on it!
@MichaelNNguyen3 жыл бұрын
Always keep the original OEM parts as you modify your car for resell purpose. Love your transparency Mike.
@joshwest54083 жыл бұрын
Thanks for actually making a video about cost of ownership! This is what people want to see!
@jeffreyjolicoeur82183 жыл бұрын
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.santos8773 жыл бұрын
Some credit scoring models go up to 900 or 950, including the FICO Auto Score and FICO Banking Score.
@simonel93323 жыл бұрын
Bro, this is gold. Thank you for sharing your information. Will need these notes for the next dealership visits
@MoNeenja3 жыл бұрын
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
@cuttingedgecool72353 жыл бұрын
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.
@chris_fitness853 жыл бұрын
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_fitness853 жыл бұрын
I also refinanced 11 month later, lol saved even more money
@G20T Жыл бұрын
You just put me on game bruh the credit union is a hack
@numberdontlie6or93 жыл бұрын
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 😂😅
@Iskateminilogo Жыл бұрын
Sheesh you were 46k into the 435i and they gave you 13 for it?😱😱
@Slowspeed Жыл бұрын
Yupp
@brewswillis72943 жыл бұрын
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.
@michaelike79543 жыл бұрын
I’m guessing the box is wheel spacers ?
@LuvingLibra3 жыл бұрын
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!
@Saielb3 жыл бұрын
That extended warranty HUSTLE 🤣🤣🤣
@WhatsyourForte3 жыл бұрын
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-092 жыл бұрын
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 Жыл бұрын
@@Eddy-09 you just tell them that you have financing. And finalize later.
@mcosta18192 жыл бұрын
And now they're going for 65k fully loaded. Crazyness
@joshuadescoteaux3 ай бұрын
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?
@catdog47233 жыл бұрын
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!!👍😊
@lazeemtaylor99492 жыл бұрын
They have 900 credit? Lmfao what
@dmaxxd943 жыл бұрын
That’s why we get bad reps in the business. A 797 is getting approved by anyone with a dope ass APR.
@jacksampson77112 жыл бұрын
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!!!
@joeeacott97072 жыл бұрын
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.
@gissellevalenzuela95713 жыл бұрын
How many miles did this have when you drove it off the lot? What packages does it come with?
@jldp2410 ай бұрын
I wanna buy one..but they look so average..and f82s look so aggressive
@ganuv2 жыл бұрын
AWD are way better
@zzim200345 Жыл бұрын
In the market for this same vehicle and definitely gonna use these strategies. Much much appreciated
@Cory698 ай бұрын
did u get it
@ChrisDavis3335 ай бұрын
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.
@ChrisDavis3335 ай бұрын
Bad credit looking at 15 lol
@makro8998 Жыл бұрын
Thats cheap , my country it’s cost 120k usd
@DjDo5aGe3 жыл бұрын
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!
@MegaTony8053 жыл бұрын
How much they give you for that trade in ?
@w1nnin3 жыл бұрын
Respect bro 😎 u keeping it real with your viewers. Lot of youtubers 🧢.
@Slowspeed3 жыл бұрын
💯💯
@CDOES9 ай бұрын
Real knowledge there man. Appreciate it. Merry Christmas!
@95blkmax3 жыл бұрын
loved it! Thank you for sharing the tip about the refundability on service contracts. Most people do not know about that!
@EarthianZero Жыл бұрын
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 Жыл бұрын
did you end up getting the tesla? if so, how is it?
@mannyinnyc3 жыл бұрын
My man sneaky linked that warranty lmao
@Slowspeed3 жыл бұрын
Gotta do what you gotta do!
@TheLaxplayer263 жыл бұрын
the douglaston plaza background
@MyDailyPerspective Жыл бұрын
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.
@chop36252 жыл бұрын
For an automobile manufactured in Mexico yes it’s too much. You’re paying Bavarian prices! Need to purchase a real “M” to get a Bavarian build. Days have changed that’s for sure. BTW they’re all pulling this garbage Audi/Merc. Need to buy RS or AMG. Nice clip👍
@serrtac613 жыл бұрын
where are the laserlight lol
@shark6192 Жыл бұрын
Lucky you didn’t say us was fbi lol
@DadUsed2Skate3 жыл бұрын
I’m totally using the service contract on my next car lol
@mannym12483 жыл бұрын
Awesome video and thanks for the informative content.💯💯💯
@mirkono Жыл бұрын
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.
@mariomelita1973 жыл бұрын
You’re one of the best car youtubers I watch. Keep up the good work!
@fiveplates2 жыл бұрын
"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.
@quadryredmond12133 жыл бұрын
Great vid bro! Im not sure what to jump into next either the m340, supra or a m4
@Eddy-092 жыл бұрын
What did you end up going with?
@quadryredmond12132 жыл бұрын
@@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-092 жыл бұрын
@@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.
@twinz6643 жыл бұрын
Came in clutch with the info I just grabbed a 17 q50
@lucasbeven494120 күн бұрын
❤
@LouBuckzz2 жыл бұрын
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 ?
@lueluc85223 жыл бұрын
What division you work for thr state?
@SpendingAddiction3 жыл бұрын
How did you pay $46k when on the website they are $56k? Even used ones are more lol
@Slowspeed3 жыл бұрын
I got mine used and the market isn’t as inflated as it is now
@SpendingAddiction3 жыл бұрын
Oooh gotcha. Ima get one in a year. Hopefully the price goes back to the usual. Was it less than 25k miles
@Eddy-092 жыл бұрын
@@SpendingAddiction saw him mention somewhere that it was around 4200 miles.
@AtoMiCxMODs3 жыл бұрын
🤣🤣 I learned something today , nice video brotha
@TheGamingAudiophile3 жыл бұрын
Hey bro, you should also consider investing the money you don't put down. Nice car by the way. Enjoy it man.
@limitlesskeem87263 жыл бұрын
nahhh u speaking some knowledge here
@khmer4life3 жыл бұрын
Thanks for putting that info out there Slowspeed! I love your content bro! Excited for the new platform man!!!
@Sumaxc Жыл бұрын
Only thing I got from finance is the wheel and tire. Only added like 30 bucks to my monthly payment
@Stolen_Mk73 жыл бұрын
imma go scam a MF dealership 🤣🤣. Glooks my Nigga
@odugs2 жыл бұрын
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-092 жыл бұрын
@@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.
@MLMUSICA2 жыл бұрын
Trying to get a 2022 m340i my self, this video is real helpful
@SSSGamerHQ2 жыл бұрын
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-092 жыл бұрын
I’m looking at a 2020 with 27k miles for $43k. Is this a good deal, or should I pass on it?
@SSSGamerHQ2 жыл бұрын
@@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-092 жыл бұрын
@@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.
@SSSGamerHQ2 жыл бұрын
@@Eddy-09 Yeah, negotiating a better price is always good idea especially right now with the markups. Hope they bring it down to $40k for you, good luck 👍
@kevinbreese5739 Жыл бұрын
How many miles were on the car when you bought it?
@solomonm24053 жыл бұрын
That's some great information bro! Keep moving up.
@jannonflores11132 жыл бұрын
Do you think it’s better to lease this or buy? Man I really love this car and it’s gonna be sweet driving this in San Fran.
@reginald84053 жыл бұрын
Love it, love it, and love it Brother! Check out Phil Walter he has M340i with pure 800.
@mannyinnyc3 жыл бұрын
STAND OUT GANG!!!!
@datm340i63 жыл бұрын
I currently got a 2016 340i my interest rate is 3.5% and total cost was 27,589. I’m thinking about buying a 2018 M550i or just lease a 2020 since the payments are Gona be close. What you think?
@itzzztoodah82032 жыл бұрын
How much did you put down and what was monthly ? I’m currently looking for 16 340i x drive
@datm340i62 жыл бұрын
@@itzzztoodah8203 4k and monthly was 375$ and 72 months but my credit score is a 740 so might be different for you
@itzzztoodah82032 жыл бұрын
@@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
@datm340i62 жыл бұрын
@@itzzztoodah8203 yeah after taxes that was the final number
@flightdeckj3 жыл бұрын
Thanks for the transparency bro ✊🏾💯
@michaellackie6274 Жыл бұрын
Isn't 850 max for credit score?
@ThatGuyShel3 жыл бұрын
Yessir! content king!!
@Erickguitar163 жыл бұрын
Bro I'm from MD too where did you get the car? Name of dealer ship
@chriskeo3923 жыл бұрын
If you had to strategize future payments for your leg getting cut off. Don't buy it
@apc90792 жыл бұрын
Dravit Grey looks way better than the blue.
@kunaalsharma4322 жыл бұрын
U didnt have to get the tracker, they can literally deactivate it from the computer n boom u save like 2k
@Donkens2 жыл бұрын
you shouldnt tell them that you can go down with a certain amount, the more you owe, the better the margins for the dealership
@bluestonemetallic73 жыл бұрын
...a civil service employee always get the best low APR....period.
@fullbattlerattle24932 жыл бұрын
Like the video
@drakosasori30713 жыл бұрын
Super informative video bro, especially with the finance!! Keep up the good content, subscribed 🛎
@nathanielordonez22572 жыл бұрын
This my dream car one day I jus needa find me a good career
@BeanieNinjay02 жыл бұрын
Had to go and see how much these are selling for now. Saw an m340i with 55k miles selling for 48k….LMAO.
@Slowspeed2 жыл бұрын
😳😳
@JaeBTundra12 жыл бұрын
Forreal lol smh this market is crazy
@Wasab583 жыл бұрын
Trying to purchase my own M340 right now. Thanks for the good info !!
@pedroc98522 жыл бұрын
Man I need a adult teacher
@DomV1233 жыл бұрын
Beautiful car bro, hope to pick one of these up in a couple years when they drop into the 30k price range
@NOCallerID002 жыл бұрын
Should’ve been damn near in 30 stupid inflation
@JaeBTundra12 жыл бұрын
@@NOCallerID00 yea at least 40s lol smh this is crazy
@Dogowisdom605 Жыл бұрын
Should be at 30s in 2024 or 2025
@davidhale62473 жыл бұрын
Did you get those numbers from a bmw dealer ?
@WrathOG2 жыл бұрын
bro thinx for this exact subject content, most people wont go this far in detail ty!
@Slowspeed2 жыл бұрын
I don’t blame them. Especially with the keyboard warriors and financial guru commenters!!
@johnzhen23813 жыл бұрын
Should've told them you were FBI LOL
@timg78853 жыл бұрын
Great info! Nice Ride.
@Slowspeed3 жыл бұрын
Thanks!
@zxth47292 жыл бұрын
debating on a f82 or this
@jkoolii3 жыл бұрын
good video
@HalaMadridKaka3 жыл бұрын
this car is much nicer pls dont make it green
@milaanmilaan28533 жыл бұрын
I appreciate your honesty, saved me a big build/headache 🤪🤪🤪
@SergoArakelyan133 жыл бұрын
How much money you pay every month?
@ivanfider16313 жыл бұрын
Great talk. Looking to buy a BMW right now.
@qwerty1000583 жыл бұрын
Then refinance in 6 months 🤣🤣
@Slowspeed3 жыл бұрын
Lmao
@Allmotorsmoke3 жыл бұрын
If you don’t mind me asking how many miles were on the 435?
@Slowspeed3 жыл бұрын
A lot lol
@kennyagne29223 жыл бұрын
that’s actually pretty cheap compared to the 2020s they sell here in california they range from 48-52k