Quote:
Originally Posted by Retro707
Hello guys! Finally started my actual search...
Can anyone put any truth to this? that the diff between MSRP and WHOLESALE is roughly 6.5%?
Also,
Here is my first QUOTE as of 3/15/2021 from a local Bay Area Dealership.
MSRP: 123,795
DISCOUNT: $5000
Selling Price: $118,295
Residual: 54% / $66,849.30
Term: 36
Mileage: 10k
Rebate (Loyalty): $1000
Cash Cap Reduction: $5,660.71
TOTAL Cash Cap Reduction: $6,660.71
Adjusted Cap Cost: $111,634.29
DMV California : $1085
Upfront Feed: $1047
Total Taxes $4995.91
CASH DOWN $10,000
BASE MONTHLY PAYMENT: $1,443.93
TAX: $120.93
TOTAL MONTHLY : $1564.86
Seems a tad high to me.
what do you guys think?
THIS IS FOR A BUILD/ NOT IN STOCK
2021 Model
thanks!
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Search for BMW spring for speed, may get you another $1k off if BMW is stacking the loyalty with that promo.
This deal would be much better if the discount were more than 4% off, your cap cost reduction mainly comes from cash plus loyalty which isn't great. I also can't see how you got to $10k cash down - can you share? BTW, RV seems correct at 54%, but also need to know your MF. Should be 0.00086.