Walked into my local BMW dealer at the weekend - interested in their entry level 1 Series, which doesn't make me a big spender a-la-BMW...
I have always liked Beemers, but one thing you don't expect from their dealers is number crunching in your favour. Buy a Beemer, pay the high price...
To cut to the chase, within half an hour I had been offered a £1,500 dealer contribution to the deposit, a £2,000 discount off the list price (unasked for!!), £300 above quoted price on my trade in (without them even seeing the car). Two hours after I got home, the phone rang and said salesmen offered me a further £30 reduction on the quoted monthly payment.
That added up to a really big discount - with absolutely no haggling from me.
"Don't know how they (the bosses) have done it, but I think they cut the interest rate. I told them I really needed this deal. I haven't sold a car today," he confessed.
Now it's not often you see a BMW car salesmen in distress - it's definitely a new experience for me. But if this is what the credit crunch does for us consumers, then long may it last...o-)!!!!!
I have always liked Beemers, but one thing you don't expect from their dealers is number crunching in your favour. Buy a Beemer, pay the high price...
To cut to the chase, within half an hour I had been offered a £1,500 dealer contribution to the deposit, a £2,000 discount off the list price (unasked for!!), £300 above quoted price on my trade in (without them even seeing the car). Two hours after I got home, the phone rang and said salesmen offered me a further £30 reduction on the quoted monthly payment.
That added up to a really big discount - with absolutely no haggling from me.
"Don't know how they (the bosses) have done it, but I think they cut the interest rate. I told them I really needed this deal. I haven't sold a car today," he confessed.
Now it's not often you see a BMW car salesmen in distress - it's definitely a new experience for me. But if this is what the credit crunch does for us consumers, then long may it last...o-)!!!!!
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