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11-01-2011, 06:33 PM
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#33
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ALLDAY
Drives: 2013 M6 convertible
Join Date: May 2011
Location: New York
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Quote:
Originally Posted by pcmike
No idea what NY state tax is, but assuming 7% and assuming you only put down one security deposit, a MF of .00190, and residual of 61%.. you're capital cost would have needed to be almost $64500 and I'm not even including other fees. You're drive off (due at signing) would have needed to be at least $2500 unless of course you're forgetting something? Just sounds wayyyy too good to be true, no disrespect meant. Do you know the owner of the dealership or some shit? To get a payment so low with what you've told us would literally mean the dealership made no money and/or took a loss....
I mean 830 * 36 is only ~$30K on a 71K MSRP? Something sounds off..
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NY sales tax is 8.875%
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2017 X5M  |
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