Quote:
Originally Posted by Auricom
Quote:
Originally Posted by basuka_13
Placed a build order with a dealer last week. 
2020 X7 xDrive40i $96425 MSRP
- 11% off MSRP
- $1000 CCA rebate
- 58% residual
- 0.00168 MF
- Monthly payment: $1131
Do you guys think its a good deal? Is it possible to negotiate with dealer on the MF further as the vehicle hasn't been picked up yet? |
Ouch at your MF rate - 0.00168 = 4.03%. They're giving you a nice discount but making it back up in finance.
Base was 0.00128 / 3.07% if you signed before Jan 6 or 0.00137 / 3.27% from Jan 6 on.
Compared to 0.00128 - that's roughly $58 more per month or $2088 over the term of your lease.
Compared to 0.00137 - it's roughly $45 more per month or $1620 over the term of your lease.
You can definitely renegotiate MF at time of delivery - though you may have to accept the lease program for that month's delivery, hard to say. |
So this brings up another question for me regarding ordering a car AND negotiating a final purchase/lease deal.... With incentives, MF's, APR's, etc. changing on a monthly basis, when negotiating the deal, are you locked into the incentives/rates at the time of your order, or can you take advantage of the incentives/rates (if they are better for you) and partially renegotiate at the time of delivery? For example, if BMW offers a better rebate/credit during the month of delivery, I would think the dealer would be willing to alter the deal to give you the better rebate/credit since it means more profit for the dealer....
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Another question... What is the typical deposit requirement (and amount) for an X7? Or does it vary widely from dealer to dealer?