Quote:
Originally Posted by woove71
Finally saved up for my dream car. I'm in DC Metro / DMV area. Looking at an in-stock 40i and negotiated down to about 9.5% off MSRP before the $2,500 finance rebate.
Is this a good deal or can I push more? Do I miss anything (e.g., any other incentive)?
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Based on my experience, this seems reasonable. 9.5% is great considering that the dealers don't have a whole lot of X5s on their lots.
I am interested in hearing what others have to say. Consider asking the people on the Edmunds forum. I think there will be more responses there.
Make sure you get the base interest rate. Dealers like to markup the interest rate.
Also, do some research on the protection plans and reasonable prices for those plans:
Wheel & tire
Paint protection
Windshield
Additional service like brakes and wiper blades
Extended warranty
GAP Insurance
Some of that stuff can be purchased later. Your insurance company may be able to provide GAP if you want.
I suggest negotiating the extras and having that all squared away before you get to the finance guy.