Quote:
Originally Posted by Atty
I've read alot about purchase prices, leasing, residuals, etc. in the few days I've been on this board, and thought I should chime in.
If you have any questions or need any clarification, just let me know.
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So did YOU pay any of the fee's??
MACO
Training fee
Doc fee
Acquisition fee
Cap fee
MF markup from BMW?
Those are the fee's in my lease quote totaling $1115, including TAX on the acquisition fee!! Tax on a fee, is that a service? Please!
I negotiated $1700 over invoice then get stacked with the $1034 in dealer fee's.
Then adding BMW charged MACO/Training BS at 400+130 to get $1564.
Then he marked up the MF by >1% over BMW rate which costs me an extra $2004 over life of the loan, making total extra $3568.
So after negotiating $1700 profit over invoice, what does he actually return my quote with?
$5268 dealer income!