Buying a BMW M5 in Tennessee
Sales Tax
7% state rate
Doc Fee
No state cap
Avg Markup
2-4% in major metros
Best Time
End of year and model changeover
Tennessee Negotiation Tips
- •Tennessee has no doc fee cap but fees are generally reasonable
- •Nashville and Memphis have strong dealer competition
- •No state income tax means more buyer purchasing power
BMW M5 Deals in Tennessee
Tennessee Car Market Insights
- •Nissan HQ in Nashville means good deals on Nissan/Infiniti
- •Trucks are extremely popular throughout the state
- •Many out-of-state buyers shop Tennessee for tax savings