01-17-2017, 10:19 AM | #23 |
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Just out of curiosity for anyone who may be willing to answer, why are things like the final actual selling price, money factor after MSDs, and monthly payment viewed as things that are private or sensitive information?
These are things that can be figured out by anyone with a little knowledge and a calculator, but I see numerous examples of people saying "I got X over invoice and put Y down for Z months", but won't talk monthly payment. Why? Last edited by daveschroeder; 01-17-2017 at 11:30 AM.. |
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01-17-2017, 11:32 AM | #24 |
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It's because everybody is jealous of everybody, and people won't share something like a monthly payment because of an irrational fear that somehow, if you know what they pay a month for a car that hundreds of thousands of other people will also own or lease, somehow you gain leverage over them.
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01-18-2017, 01:56 PM | #25 |
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If I knew the invoice figure and how much he paid at driveoff I can work out the deal he got. But in all honesty if someone does not want to disclose this information on the internet, a place that everyone can see it you should respect that.
I just got confirmation on the residual for 10k miles at 62% from golfer, and the dealer I asked for a quote gave me a residual of 58% for 10 k miles. Which would have made a big markup for them on the deal.
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01-18-2017, 02:15 PM | #26 | |
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It's also strange to share the money factor, amount over invoice, annual mileage, residual, and nearly every aspect of the deal — but not be willing to share the monthly payment, which I'd argue is the second most important factor for most people (and which you can back into via calculation, or at least estimate, depending on what info is shared). I am in 100% agreement that people can choose to share (or not) whatever they wish. But I'm asking for the rationale, and I believe it's exactly what usmabmass said. On another note, it's absolute highway robbery for dealers to pad their deals by not giving their buy rate on the money factor, or offering lower residuals. Can you imagine if dealers padded interest rates on loans, or wouldn't tell you the APR on a loan from BMWFS? Because this is essentially the same thing, and it's shady AF...and I realize it's just the way of things. |
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01-18-2017, 07:23 PM | #27 | ||
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01-19-2017, 12:07 PM | #28 |
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1000 over invoice for $76485 MSRP 2017 540xi is about 73k. Lease payment will run ~900/mo with ~ 8500 out of pocket with 7 MSDs. That's just silliness, when one can lease a 2017 S class for the same dollars.
Or a loaded 2017 S6 for that kind of coin all day, every day. 😎 Last edited by PawnStar; 01-19-2017 at 12:23 PM.. |
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01-19-2017, 03:25 PM | #29 |
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Yep! I ordered mine today! Delivery end of April. Patience!
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01-20-2017, 03:53 PM | #30 | |
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01-20-2017, 05:21 PM | #31 | |
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01-20-2017, 05:28 PM | #32 |
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Yeah, you are nuts.....$1k a month won't get you anywhere near a S550.
I don't understand why people are so secretive about numbers, either. However, I also don't think $900/month for a 540 is a good deal, at all. $900/month would easily get you a F10 550i and I doubt the M550i is going to be much higher.
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01-20-2017, 07:12 PM | #33 | ||
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01-20-2017, 07:14 PM | #34 | ||||||
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M sport looks special this time around... |
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01-21-2017, 12:46 AM | #35 | |
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There, I fixed it for you. |
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01-21-2017, 12:51 AM | #36 |
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Let me know if you want either of the two cars for under 1k/mo. I'll point you in the right direction.
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01-21-2017, 12:52 AM | #37 |
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