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Researching car prices. How much information should I share to get quotes
margaret2013x3
Member Posts: 13
Thank you in advance for answering the question.
I am in the process of getting price quotes from various BMW dealers via internet. I currently have a 2013 BMW X3 fully loaded in good condition however, I am over mileage by 7000 miles (approximately $1100). When I seek out price quotes from dealerships should I:
1. inform them that I currently have a lease that is over mileage and I would like the mileage waived or reduced as part of the deal.
2. get cost for the vehicle and then negotiate the over mileage into the deal
3. get price quote first and then negotiate, additional fees ex. dealer cost fee, money factor (my credit score is over 800).
I am in the process of getting price quotes from various BMW dealers via internet. I currently have a 2013 BMW X3 fully loaded in good condition however, I am over mileage by 7000 miles (approximately $1100). When I seek out price quotes from dealerships should I:
1. inform them that I currently have a lease that is over mileage and I would like the mileage waived or reduced as part of the deal.
2. get cost for the vehicle and then negotiate the over mileage into the deal
3. get price quote first and then negotiate, additional fees ex. dealer cost fee, money factor (my credit score is over 800).
0
Comments
Ask a dealer for a price quote on the vehicle you are interested in. Get a full breakdown of the selling price and any and all charges. If it is a lease, ask for the money factor and residual. Don't accept vague answers like, "plus inception fees" or "plus start up" or "plus drive-off". Those are all euphemisms for "here is where we make our money". Get the exact numbers, then negotiate from there.
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