Quote:
Originally Posted by Sportstick
Quote:
Originally Posted by peteyrx7
I understand the dealer doesn't set the tax credit terms but they are the conduit for documenting and explaining the terms including any cap cost reduction if it's a lease. This is not how I recall the lease option being explained to me so rather than get into a discussion on which is correct it's best people verify with the party drafting their prospective lease contract, their dealer.
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Perhaps that works if you believe that 1) your dealer is fully knowledgeable, and 2) your dealer is trustworthy. I have found either or both untrue on occasion.
Which means, confirm with BMWFS first before seeing the dealer to knowledgeably scrutinize their contract.
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Agreed. I've seen dealers try to pass off the $7500 cap reduction as a negotiating tool. It doesn't affect their bottom line directly so it shouldn't affect the negotiated price. I always negotiate the selling price before even discussing all the incentives. All my i3's were at least 10% or more off MSRP on top of the $7500 cap reduction. I've seen too many fellow i3 drivers who settled with a lesser discount because they were convinced by the dealer that the $7500 was good enough. They end up paying thousands more over the course of the lease.