I just got this offer from a local dealer. It’s a 2019 BMW 530e loaner with 4400 miles on it. Please rate this offer.
MSRP: 56345
Selling price: 46777
Rebate: 4500
Sale tax: 4220
dealer/dmv/other fee in total: 700
Money factor: 0.00185
MSD: 0
Cash due: 3000
Monthly payment: 487
Term: 3 years 10k per year
I told the dealer I needed 0 down payment he said ok but sent me the offer with 3000 cash due. I will clarify with him again. The dealer said the MF is only for the estimation. But my credit history is short so I don’t expect too much on it.
Not a good deal. Your payment is effectively $570/month with $0 CCR for a $56k MSRP loaner. You should be aiming for something closer to the deal below.