New 2018 BMW X1

TylerStTylerSt WAMember Posts: 1
edited September 2018 in BMW
Hi

We're looking to buy a new 2018 X1. The dealer is giving us a quote

MSRP $42,650
Discount $1,740
Combined Rebates $4,500 (must finance through BMW to use finance and loyalty rebates)
Adjusted Price $36,388
Doc Fee $150 (covers licensing department overhead)
Sales Tax $4,252.35
RTA Tax and estimated licensing $819
Total $41,639.35

BMW Financial featured APR is 3.5% for up to 60 months OAC

I'm a newbie on this. Is this number reasonable?


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  • kyfdxkyfdx Moderator Posts: 197,778
    TylerSt said:

    Hi

    We're looking to buy a new 2018 X1. The dealer is giving us a quote

    MSRP $42,650
    Discount $1,740
    Combined Rebates $4,500 (must finance through BMW to use finance and loyalty rebates)
    Adjusted Price $36,388
    Doc Fee $150 (covers licensing department overhead)
    Sales Tax $4,252.35
    RTA Tax and estimated licensing $819
    Total $41,639.35

    BMW Financial featured APR is 3.5% for up to 60 months OAC

    I'm a newbie on this. Is this number reasonable?


    Target 7% off MSRP (another $1000 less).
    The base APR is 2.50%, so that's marked up (which is typical for a BMW dealer)

    Either of those two items would knock about $20/mo. off a 60 month payment
    Both = $40/mo.

    Don't expect that to be an easy negotiation. Especially the APR part.

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