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Dealer emailed me today and said the rates went up with BMWFS and its going to cost me $50 more a month and I have to come up with another $500 at signing. He gave me this new info:
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Months- 24
Miles- 15,000
Residual- 69%
Tax- 3%
Money Factor- .00225 (with beacon score of 740+) or .00230 (regardless of beacon score)
Acquisition Fee- $625
MSRP: $51,875
Invoice: $45,105
Sales Price: $45,605
Doc Fee: $499
$2500 down (I’m figuring $625 acquisition fee + $499 doc fee + $650 security deposit + first payment + a couple of dollars to provide a nice round number)
$648.78 a month
Includes a fully refundable $650 security deposit…
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I haven't confirmed any of the numbers yet but I'm not happy with the increases.
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