Quote:
Originally Posted by ft1337
No didn't know that. That's because everyone says BMW has no dealer incentive so I assumed that it was invoice + profit. That's what they say at Bimmerpost but that forum is sponsored by dealers so what can I say?
I just want to know whether the dealer BSes me when comes the time for the pulling of the kids card ("I have kids to feed")
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here is one way.
http://www.edmunds.com/car-buying/dealer-holdback/
"This holdback amount is "invisible" to the consumer because it does not appear as an itemized fee on the window sticker. For example, let's say you're interested in a Chevrolet with a Manufacturer's Suggested Retail Price (MSRP) of $20,500, including optional equipment and a $500 destination charge. Let's also say that dealer invoice on this hypothetical Chevy is $18,000. The cost of the car includes a dealer holdback that, in the case of all Chevy vehicles, amounts to 3% of the MSRP, or $600. (Note that the $500 destination charge should not be included when computing the holdback.) So, on this particular Chevy, the true dealer cost is actually $17,400. Even if the dealer sells you the car for the invoice price, which is unlikely, he would still be making as much as $600 on the deal (when his quarterly check from GM arrives)."