[robdsl17]

It was me who paid 60 over invoice + 299 conveyance fee. I am in no way related to anyone at any dealership.

I am financing the car (5 years) and I was approved with captial one @ 6.25%. I did not tell the dealer before i negotiated a price that i will be financing it. After i signed the paperwork, I told the dealer if they could get me a lower rate then 6.25 i would finance through them. BMW gave me 5.89% rate, so I will finance through them once the car is delivered.

So i guess they were gambling on me whether i would finance through them. If i find a lower rate then 5.89 in the meantime (before car is delivered) then i will not finance through BMW.

If i do finance through BMW, yes i guess they will make more money (though im not sure if the dealer gets some or the bank gets it all). If i do not, the bmw dealer is left with $60+$299 fee.

Oh and i did have 2 dealers in a fight over my business. One dealer caved. It was either a sale with low profit, or no sale. Wouldn't you sell it rather than none at all? it was also at month end...