I'd always assumed that ED cars were cheaper because the tariffs on exporting new cars was higher than on used cars, and that doing an ED technically allowed them to classify the car as used and avoid new car import/export tariffs.
Originally Posted by SamS
No. The reason ED is so much cheaper is because those cars don't qualify for the dealers' satisfaction surveys. The dealer obviously makes money on those. Since BMW doesn't have to pay for those bonuses, the savings gets passed onto the buyer via lower ED MSRP.