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      09-08-2007, 12:33 PM   #1
huan42
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Please Help - Picking up 328 xi

Guys,
I ordered 2007 328xi back in July. The car is on the dealer lot.

Here is the MF based on July
36 Month – Residual 61% of MSRP – .00190 Base Rate

I realized that August MF went down to .00150

The Finance guys told me the Sept MF is .00150 - same as August, but the residual went down to 57%. So if I want to take August deal, the payment is higher.

Is this true or just bs ?

Please help

TIA.
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      09-08-2007, 12:51 PM   #2
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I think that's BS- he just wants to make more money (which is understandable).
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      09-09-2007, 12:34 PM   #3
huan42
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input please ...

Sept lease rate posted already on bimmerfestdotcom

Anyway, its 2007 328xi sedan

The residual for 36 mo basically the same (61%) and the MF is even better (.00015)
So I did put deposit down when I ordered the car.
If the dealer wont give me a better rate - even my CA promised me so back in July- what are my options ?
* Will I basically lose the deposit if I backed out from the deal ?
* Does the dealer have to give me lower rate ?

thanks for all of your input.
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      09-09-2007, 04:18 PM   #4
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Quote:
Originally Posted by huan42 View Post
Sept lease rate posted already on bimmerfestdotcom

Anyway, its 2007 328xi sedan

The residual for 36 mo basically the same (61%) and the MF is even better (.00015)
So I did put deposit down when I ordered the car.
If the dealer wont give me a better rate - even my CA promised me so back in July- what are my options ?
* Will I basically lose the deposit if I backed out from the deal ?
* Does the dealer have to give me lower rate ?

thanks for all of your input.
you can ALWAYS get your money back unless they prepd the car the they would have to take some of that $$ to cover the cost.
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      09-09-2007, 04:46 PM   #5
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You can get your deposit back anytime. Even if the car is sitting on the lot at the dealershiip. Well, that's what 2 different CA's told me.

0.0019 is way too high. That's marked all the way up so they can make money. I believe the max allowed dealer mark up is 0.0004 so 0.0015 + 0.0004 is the 0.0019 you're getting. I'm sure you can haggle that down to 0.0015 or even close to it.
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