U.S. Dealer Selling Prices?

[JWBMW]

The three SoCal dealers I've been working with are all quoting MSRP. I'm with Tom--it's against my religion to pay anything over MSRP.

The variability I'm seeing is in the BMW financing plans. I've even been told contradictory information on the availability of OwnersChoice in California. I'm doing further research, but these finance deals are where I'd be watchful. Don't settle for simply being told a monthly rate without understanding what goes into it.

David

As I mentioned in my PM, I have a quote from one of my dealers on OC w/flex so it is definitely available in CA. As you know, the terms are tricky and I may have asked some questions that stumped them because they have not responded in a week.

How do they come up with the buyback amount? Is it related to residual? (seems logical but doesn't show that way in the quote). From the quote it looks like interest is charged on the full amount of the value of the vehicle, not just on the part that you use like a lease.

And the $7500 seems to get lost in the terms somehow - if they are adding it to the balloon payment, then somehow it should be reducing the principle financed to reduce the monthly payment but the dealer hasn't (or doesn't want to) shown me the money trail yet.

OC/OC flex are both finance options with a balloon at end of term. Sales tax is collected fully based on the selling price of the vehicle. Your options are either buy it out or return it back to BMW. If you choose OC Flex and decide not to buy the i3 at end of the term you will need to pay FS back the $7,500.00.
The window is closing on March production modifications...You may want to PM me if you have questions

 

[francisB]

Buying a car is one of the largest purchases American consumers will make in their lifetime, but getting a loan through the dealer is also one of the least transparent financial transactions. When a car buyer finances a car through a car dealer, he or she signs a contract with the dealer for the car purchase and loan. In the vast majority of cases, the dealer will quickly get funding for the loan by selling that contract to a third party, such as a bank or finance company. Informal reports are emerging that a growing quantity of car dealerships are beginning to scale back their markups on replacement insurance and financing. The dealer finance markup, in addition to dealer insurance markup, can be pretty steep as often as not.

 

[Greatwhite]

I just picked up an i3 Rex at Stevens Creek loaded with all the options, they gave me $1250 off, other dealers I tried wouldn't budge, that said Stevens Creek is a high volume dealer #2 for BMW in the states.

Love my i3

 

[Alexander99]

Stevens Creek has 18 i3s on the lot, yes eighteen. Every color mostly BEV, 3 or 4 Rex's.

 

[Surge]

I just picked up an i3 Rex at Stevens Creek loaded with all the options, they gave me $1250 off, other dealers I tried wouldn't budge, that said Stevens Creek is a high volume dealer #2 for BMW in the states.

Love my i3

Thanks for this!