Hi Guys,
This is the current deal im getting. I would like your input and suggestions to make this the best deal possible.
Loyalty, OL Code, 7 MSDs,
0 Drive off, 12K/36.
12% off MSRP
Unsure where you should be at for new. If you are open to demos probably get a better deal. I’m at an effective 430 a month when you include my DAS.
That definitely is fantastic. Are you still able to get electric rebates (Edison, BMW,etc) for a loaner car?
I’m on the east coast so not sure about Cali rules but in my case bmw took the tax credit.
Being in SoCal, I would definitely look into a loaner as poster above suggested.
What are these non tax fees? Yknow, Besides acquisition.
Assuming it’s new and you’re still able to pick up CCA and CVRP, this would look pretty good. Not sure what’s doable anymore with CVRP. The 530e may not be all that appealing without that rebate. But if in SoCal, you can definitely still get SCE.
Isn’t CVRP facing rolling waitlists?
I believe so - and I have no idea if they’re going to leave everyone on the list high and dry. So I’d make sure you really like the numbers without the rebate, since there’s a chance you don’t get it.
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It says on the website that the fund are exhausted, but there are still increase funds for low income so wouldn’t that mean if you’re low income you won’t be on a waitlist?
Yes, no waiting for the poor.
As discussed before, every year they run out of funds and put people on wait list just to catch up later in the year…it happened to me. The thing is even if not on the list, the wait times are ridiculous. I think my second rebate this year will take 5-6 months to get to me. It seems that while ev sales keep doubling their working personal is not.
Potentially, though a low income individual or family likely wouldn’t look at leasing or get approved for a 5-series,so I’m not sure it’s applicable in this case.
MSRP being called Market Value Selling Price!
Sales price is 50,800 not 46k. Dealer is getting that rebate. (Also getting the fed tax credit.)
Tell them to send you terms using the standard Cal lease agreement.
Please get multiple offers from different dealers.
How do you know the msrp is 50800?
That’s two different things. MSRP is one thing and the Sales Price is another term-it’s the number that matters. MSRP is just a ballpark figure set my the carmaker that these days no one pays. It does NOT stand for “market value sales price”, that’s a sneaky misrepresentation used to make the uninformed customer think they are getting a below market price when in fact that’s a price no one pays; in fact it’s above market!
The sales price is what the dealer is collecting. When you lease a car, you and the bank are buying the car from the dealer. The dealer wants the highest safes price as possible! The bank don’t give fuck about that number. The whole deal is based on, and starts from, the Agreed Upon Sales Price NOT THE MSRP. (The MSRP is only used to figure the RV residual value).
Yes you’re paying net $46k, but that is not the “sales price”. It’s cheesy to list it otherwise.
The dealer doesn’t lease the car to you. The bank does.
Indeed. The dealer sells the car to the bank. The bank rents the car to you. Which is what I said.
Ok Guys,
So I’m still working on this deal. Now I have verbally gotten this deal down:
MSRP: $57,795
0 DAS, 0 DOWN
$499/mo
12k/yr
I would think this is a great deal? Please let me know otherwise.
Thanks!
You are missing all the important details. It is a good deal if that increases tax.
Specifics would be amazing.