Any thoughts on this MD offer on a i3rex?

[chrisch70]

I am in Maryland and currently shopping around for an i3 rex. MSRP is $48,200 and the dealer is offering me a discount of $5060 to bring it down to $43140. Is that a good offer?

I am also looking to finance it via the owner choice program and was told the moneyfactor for 3 years is .0017 instead of the moneyfactor .00125 for leases, but I thought I read somewhere that both rates should be equal. Is the dealership trying to make some money off me?

 

[stormsaw]

Hi,
Here's a data point. We bought a loaded Giga REx (all but the 20" wheels) from BMW Rockville that was discounted around $4000, but we paid cash. That was Labor Day weekend. A typical dealer will give you a better deal if you finance, hence your deeper discount.
Hope that helps.

There are also other MD'ers lurking on this forum... perhaps they'll chime in.

Sledge.

 

[Sparky]

Just bought a loaded terra for $4700 off MSRP (cash). This was a traded car, not in inventory.