Location: Bay Area, North Cal
Hi, I’m a n00b in hacking. I’m seeking for a BMW 2020 330i. So far I contact 2 dealers nearby, but looks not good. Not sure what should I do. I’m qualified for new grad and corporate fleet.
Here’s some number I got (before incentives I qualified):
Dealer1: New 2020 330i
Vehicle Price $46,740.00
Dealer Savings - $4,190.00 (8.9% off MSRP)
Residual: Unknown, but seems match 59% in calculator
At least it’s transparent for this dealer, though the selling prices looks not good. MF is also marked up. When I asked for 12% off MSRP and 0.00118 MF, the dealer said it’s impossible
Dealer 2: Loaner Car with 3333 miles
I asked the sales manager several question in email to figure out what is the selling price, RV, MF, etc. But didn’t get replied. Though loaner has a good selling price, the monthly payment looks pretty high. Not sure what is added into it. Even applying new grad and corporate fleet, monthly payment is still around 500, which is ridiculous for 330i loaner.
What should I do at this time? Should I contact more dealers? Is there any rule I should follow when I contact to dealer? Thanks!