2023 BMW iX 50 loaner deal check

Ask the Hackrs
1

I’m trying to figure out how the dealer got to 846 pre-tax which is off by over 100 from my number (737) given the following:

36 months / 10K
Edmunds MF/RV: .00050 MF / 55% RV
Dealer MF/RV quote: 0.0009MF with $49,800 residual
5500 miles
Market Value Selling Price 78,998.00
Rebate 5,900.00 for EVs from manufacturer
Adjusted Price 73.098.00
Tax 538.38
Acquisition Fee 925.00
Document Processing Charge 85.00
Electronic Fling Fee 33.00
Vehicle License Fee 514.00
CHP Fee 27.00
Plate Fee 1.00
Smog Abatement 20.00
Balance 75,241.38

Calculator

2

Is the Market Value Selling Price the actual MSRP and have you verified MF? It may be a combination of that and or dealer add ons.

3

Edited because I’m completely wrong to fix it:

I did recheck and mf is right; it was rv that was off. Very strange I got 55% from Edmunds for 36 months and it looks like they are doing 53.433% pre $0.30/mile adjustment because they show an RV of 49,800.

Now I’m confused why the rv would be so off.

4

Dealers will often mark up the money factor for more profit. It’s OK if they do that as long as you get an additional discount on the selling price to make up for it.

That’s why a lot of people here will say present your offer with X DAS and Y payment. That way the dealer can set it up how they want. Either base MF with a discount or marked up MF with a higher discount. Add long as they meet your target it doesn’t matter. Often the latter is better for you.

5

What’s the year, make, model and trim?

6

2023 bmw ix 50

7

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.