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      10-11-2018, 03:44 PM   #13
saporitj
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Drives: 2019 540ix M Sport
Join Date: Sep 2018
Location: Virgina, USA

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Quote:
Originally Posted by armanm View Post
Quote:
Originally Posted by rallycobra View Post
MSRP : $70,345
Selling Price: $60,863
Rebates: $4,500: 2k loyalty credit, 1k lease credit, 500 costco credit, and 1k from BMW Ultimate Drive Event

$1k of which is included in the selling price (Ultimate Drive Event Credit) the other 3.5k is as cap reduction

Down payment: $3,500


Armanm- Was the selling price 60,863+3500 or did you get $9500 off the MSRP before the down payment?
So the selling price of $60,863 includes 1k from the rebates. The rest of the $3500 was used as part of down payment. So technically my down payment was $7k of which $3500 was cash and $3500 was in rebate form.

So overall about $9500+3500 = $13,000

But the $3500 rebates are taxed.

In short yes $9500 off MSRP before the down payment (which includes $3500 worth of rebates).

I apologize if it sounds confusing.
So you basically got $13k off of a $70k car. Thought i did good at $10.5k off $80k MSRP. Nice going.
What is BMW Ultimate Driver event?
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