Quote:
Originally Posted by Thrak
Hmm, so either my math is off, or the dealer did something not allowed by BMW? As I said, I calculated the MF out as .0028 after max MSD, .00329 before. Which is an increase of significantly more than .0004 above buy rate. Am I incorrect in my calculations?
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I get 0.0028 also. Was this a recent deal?
Could be your friend's credit is trash and had to pay a marked up MF. The base rate everyone quotes is for tier 1 credit only.
I doubt the dealer could make a mistake that big and have no one catch it.
It's well above any recent base rate.