BMW X3 Sitting on Lot for 150 Days — What Discount Should I Target?

high_monk

Hi everyone,

I'm currently looking at a BMW X3 that has been sitting on the dealer lot for around 150 days. The MSRP is $59,500, and I'm trying to gauge what kind of discount I should realistically target before I start negotiating.

A few additional details:

Not a loaner/demo vehicle
Brand new vehicle
I've noticed several similar X3s in the area sitting for 150+ days as well

Given how long it's been on the lot, I'm wondering:

What % off MSRP would be reasonable?
Is 10% too aggressive?
Should I start even lower?

Would appreciate hearing from anyone who recently negotiated on a BMW X3 or similar BMW.

Thanks in advance!

Michaell

high_monk said:

Hi everyone,

I'm currently looking at a BMW X3 that has been sitting on the dealer lot for around 150 days. The MSRP is $59,500, and I'm trying to gauge what kind of discount I should realistically target before I start negotiating.

A few additional details:

Not a loaner/demo vehicle
Brand new vehicle
I've noticed several similar X3s in the area sitting for 150+ days as well

Given how long it's been on the lot, I'm wondering:

What % off MSRP would be reasonable?
Is 10% too aggressive?
Should I start even lower?

Would appreciate hearing from anyone who recently negotiated on a BMW X3 or similar BMW.

Thanks in advance!

We aren't any help with pricing - too many variables.

But, the Price Checker link (in my signature block) can give you insight into Edmunds research.