North Cal: First time buying a BMW. I’ll be financing it.
- Is this a good deal?
- How to ensure that I can secure 2.99% interest rate while financing. I did not do the credit application yet. Have excellent credit rating (in 800s).
Thanks!
You need to give more information, is there any add on, your tax rate, etc. Did you at least get a deal sheet?
Ask for a deal sheet that spells out 2.99APR for how many months. This car qualifies for $3750 federal tax credit, although your MSRP is likely over $80k and there is also an income limit.
10% off a X5 50e is an extremely aggressive offer. You actually got a better discount than some brokers on LH. The 2.99% APR program is only lockable if you take delivery this month. I would jump on that deal.
Good deal.
It is a good deal if you are getting 10% off plus 2500. If it’s 10% including the 2500, then not so much. If the former, take the deal without any hesitation and finance at 2.99%.
To put this into perspective, it’s extremely hard to find a dealer in California doing 10% pre incentive on these.
10% off is great. Mind sharing which dealer?