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How's this deal?

HtownbmwHtownbmw Member Posts: 3
edited January 2020 in BMW
Houston area deal..
2020 x7 40
Msrp $87795
total discounts $7750
Price $80045
Tax $5002.81
Acq fee $925
License /title $186
Inspection $7
Document fee $159
Total balance $86324.81
Residual $50,043.15

I would be paying total taxes and dealer fees upfront..about $6300
Monthly payment 1089.32
What say ye? From everything I've seen on here the monthly seems to be ok. My goal is under 1100$
10k a year

Any feedback is appreciated. Thank u

Answers

  • MichaellMichaell Moderator Posts: 263,559
    Htownbmw said:

    Houston area deal..
    2020 x7 40
    Msrp $87795
    total discounts $7750
    Price $80045
    Tax $5002.81
    Acq fee $925
    License /title $186
    Inspection $7
    Document fee $159
    Total balance $86324.81
    Residual $50,043.15

    I would be paying total taxes and dealer fees upfront..about $6300
    Monthly payment 1089.32
    What say ye? From everything I've seen on here the monthly seems to be ok. My goal is under 1100$
    10k a year

    Any feedback is appreciated. Thank u

    .00137 and 57%

    If I subtract the $5K in taxes from the total balance, I get $1049/mo.

    Pretty close, but I'd ask for the specific cap cost used for the quote. About $1500 difference, total, so be on the lookout for a junk fee or two.

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  • HtownbmwHtownbmw Member Posts: 3
    Good to know..ill.ask for that and look out for miscellaneous. Thank u
  • HtownbmwHtownbmw Member Posts: 3
    edited January 2020
    Michael
    Can you tell what MF the dealer is giving me here. Car will be available tomorrow. Still not sure if it's a good deal or not. I feel I can do better since I'm paying taxes and fees up front.
  • MichaellMichaell Moderator Posts: 263,559
    Htownbmw said:

    Michael
    Can you tell what MF the dealer is giving me here. Car will be available tomorrow. Still not sure if it's a good deal or not. I feel I can do better since I'm paying taxes and fees up front.

    .00137 is the base MF, and was the MF I used for my calculation.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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