View Single Post
      03-16-2021, 04:11 PM   #129
Retro707
Private First Class
88
Rep
112
Posts

Drives: 2015 M4
Join Date: Feb 2015
Location: bay Area

iTrader: (0)

Quote:
Originally Posted by kimi_fan View Post
Quote:
Originally Posted by Retro707 View Post
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!
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.
Quote:
Originally Posted by kimi_fan View Post
Quote:
Originally Posted by Retro707 View Post
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!
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.

Thank you so much for this!

Spring for speed qualifies if delivery is taken between 3/15 through 6/30

Varying on build times etc this could be cutting it close.

The MF I was quoted def had rate in it if indeed .00086 is the buy rate.

10k seemed absurd to be and too high

I want to put minimal drive off if that
Appreciate 0