Posted by Matt on November 15, 1998 at 10:49:45:
In Reply to: Holdback on BMW 3's is 2%. Not 3-5%. Ask anyone. posted by Alex on November 15, 1998 at 01:22:54:
Without knowing BMW's holdback let me just say that the dealer is not paying 2% below invoice. The invoice price includes lots of "cushions." Add in typical tricks, not to mention leasing, and the dealer probably took home 1k more than you think they did. Not bad for a couple hours of their time. I'm just pointing out that what you think is a good deal, in reality [probably] isn't. Do some research and learn how to save yourself money.
: I will give you my example:
: Invoice of my 323i: $30,760
: MSRP : $34795
: My deal : $32160
: Dicount : $4035
: % over invoice : 4 (exactly)
: $ over invoice : $1400 (including floor mats
: and DAG fee)
: Hope that helps.