Looking to get some feedback on this deal I have received after negotiating with a Washington state dealer. Not the best deal (in my opinion), here it is:
Car
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2007 328i Sedan, AT, Heated Front seats, Xenon
Quote
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Selling Price: $34,243 (about $1300 over invoice; about $1400 under MSRP)
MF: 0.00195 (too high despite $450 in sec dep)
Acq Fee: $825 (marking up to the max )![[bash]](/images/smilies/icon_smile_bash.gif "Bash [bash]")
Cap Cost Reduction: say $1500
Monthly: $469 (incld tax)
Cash down: $2780 (incld first monthly + sec deposit $450 + fees + tax on cap cost)
Term: 24 mo/12k
Residual: 73%
Any feedback would be much appreciated. None of the area dealers are willing to negotiate further on MF and Selling Price.
How does the offer look?
Thx
Car
----
2007 328i Sedan, AT, Heated Front seats, Xenon
Quote
--------
Selling Price: $34,243 (about $1300 over invoice; about $1400 under MSRP)
MF: 0.00195 (too high despite $450 in sec dep)
Acq Fee: $825 (marking up to the max )
Cap Cost Reduction: say $1500
Monthly: $469 (incld tax)
Cash down: $2780 (incld first monthly + sec deposit $450 + fees + tax on cap cost)
Term: 24 mo/12k
Residual: 73%
Any feedback would be much appreciated. None of the area dealers are willing to negotiate further on MF and Selling Price.
How does the offer look?
Thx