Do not do the deal... I negotiated $2500 off MSRP for my 09 at BMW Monterey... the valley dealers are not yet facing reality that most of their inventory is semi--permanently parked on their lots. But others get the message and are doing deals.
I went to Monterey because Stevens Creek also didn't seem to be flexible. So forget these clowns and go where they understand reality.
p.s. I am going to get even more off when/if I decide to take delivery on the ordered vehicle.