I didn’t think a 58k car could HAVE a $860 payment. wow
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I’ll update thread tonight when I have the details. The dealer is somebody that has sold dozens of cars to my friends, family and I.
He shot me those numbers without a breakdown today.
He did tell me the MF is not marked up. I will get number and update.
He said the RV is 59%.
@mister209 your deal is 9.5% off at buy rate assuming 9.25% sales tax. Best deal so far reported recently is 12% at 0.0013.
Edit: that might be in SoCal.
Yes RV is 59% for 36/10, and 58% for 36/12. No one can do anything about it, it’s set by BMW FS.
If MF is not marked up then it’s a decent deal, you could put security deposit down to lower it.
The $2500 due at signing seems includes down payment, normal minimum drive off(tax and fees) should be around $1600 to $1800…
I just took a deliver on a 530e around a week ago so we can compare. but I can’t get anyone to do base MF for me.
Are you in NorCal? base mf seems illusive here. I am also in the market, but trying to wait for UDE in August.
Yea, I’m in the Bay Area. I got the OL from the electric drive event, but might go to UDE just for fun.
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I’m also in norcal and got 12% off at a partially marked up MF.
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How does the offer compare to the target deal you put together before reaching out to dealers?
Your offer is good considering the current market. Unless you have another 20 hours to invest into contacting every other dealer and playing games…your deal is fair. I would say take it if you like the spec of the car and need a 530e now…
Also, like others said, I would do driveoff only with no downpayment and add max MSD (multiple security deposits) to get an even better deal.
In the current market it’s a good deal
It’s a good deal. I’d go for it.
I also edited the original post to include information below
60745 MSRP
Discount 5300
Sale price 55445
Customer cash 2500
Total rebates 4166.73
- loyalty 750
- PenFed 500
- Bmw lease credit 1750
- 1166.73 Ca clean air
Doc fee 85
Advanced payments: 555
Upfront charges: 1150.39
Total cap reduction: 4961.33
Base monthly: 514.88
Tax: 40.53
Monthly payment: 555.00
Money factor: .00093
Residual: 59%
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You don’t want to put MSD?
How much does it save? Not familiar with BMW MSD.
This is you without MSD:
This is you with MSD:
Save you around $27 a month, and $945 the whole 3 year.
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Thanks.
Had him run numbers and I will be doing 7 MSD’s to bring rate down to .00058.
Also took another members advice and am doing zero drive off now too. Total worked out to 591 per month.
Are you going to post your numbers in your thread?
He did… it’s on his first post.
base MF is 0.00093… after 7 MSD it should become 0.00065, how did you get 0.00058?
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