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Originally Posted by neilk
Hey Pcbrew, did you work with a dealer in Dallas? If so who? I am about ready to place and would like to know how willing to deal DFW dealers are.
Thanks! Neil
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Hah! Nope. I went to Classic BMW and offered them the deal for 1250 over and they basically told me to get lost. The CA even told me they don't like to do ED at all - even at ED invoice - because they don't get all the kickbacks.
I went through Greg Poland at Pacific BMW - it's his standard ED deal. Doing PCD re-delivery instead of picking up in LA.
Quote:
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Originally Posted by eric145472
how much is one security deposit? how much per month do you save?
Finally,
Why do dealers let you do this?
Thanks!
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Each security deposit is payment rounded to nearest $50, and you get 0.00007 mf reduction for each up to Max of 7. So for 7*500=3500 in my case, I get 0.00049 discount. My payment would be ~$40 higher without this, so save $1400 over 35 payments (BMWFS makes 2nd payment bu they do charge you an extra 0.0003 on the MF for ED for this benefit.
They do it because ED cars are extra sales that don't come out of their allotment.