Quote:
|
Originally Posted by Maxpnc
Quote:
Originally Posted by JAY328
From what I've been told it costs the dealership $500 to give someone the 1.9%, add that to your 7% and you're at 8% off MSRP.
$3,675 + $500 = $4,175
$4,175/$52,500 = ~8%
Was that all from the dealership? Or was there an additional factory incentive?
|
All dealer discount, 1.9% APR is BMW Canada incentive.
The finance charge is what I am not sure about. However, it was to my understanding that if I had 3.9% as interest, it will end up costing ~$2500 more in implicit finance charge. What was your implicit finance charge? |
I think BMW Canada makes the dealers kick in $500 per vehicle to subsidize the lease rate. That was the case when I got my X1 last year.
__________________
2019 G05 40i (premium excellence, m-sport, 2VR), Tesla Model S 100D, Nissan Leaf SL
Volvo XC90 T8, Subaru Outback, E84 X1 28i, E91 328i xdrive, 6MT, VW Touareg TDI, E90 330i, E46 325iT, MINI Cooper S (all retired)