Recently was checking out a Volvo and the numbers are not great for me. Now, I turn my eyes to MINI since many have said they have better RV values and they do, this considering what I was looking for is only about 7K to 10K apart.
For reference the numbers from Edmunds are .00227 and RV 60% for August
Below are my numbers from two different dealers, what your thoughts do the numbers line up.?
One of the reps that I am talking to for now, is at least offering a $250 discount, considering he used a solid number here, this can definitely be pushed to $500 hundred or $1000. First time any of these reps have offered a discount of any kind to lower the cap cost.
Edit, On normal times, Do MINIs usually have a higher RV?
Edit Edit, interestingly enough, since I got the quote at the month end. The first set of numbers had an MF of .00227 for July and now August .00238
This is what the rep is using to calculate my numbers for current month. Im going to guess this is what they are charging. Other MINI dealers seem to be doing the same as well when I spoke to a second one.
Dont guess. You need to always make sure you know what buy rate is before ever talking to a dealer. This could easily be an over msrp deal, even if that $250 discount is a discount, if the mf is marked up.
Checked in with the dealer, he had explained this was just a small token of appreciation to get me in the door to purchase a vehicle and help me out with shaving a few dollars off the monthly bill. (paraphrasing here)