Quote:
Originally Posted by wtwo3
1) Do dealers have the power to reduce interest rates lower than BMWFS advertised rates
2) If you find a rate 3rd party that is lower than BMWFS advertised rates, do they ever match? I feel like it would be in their best interest (no pun intended) to match the rates as some interest revenue is better than none.
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My dealer didnt mark up to BMWFS numbers but my CU was offering a lower rate. When i had a similar discussion with my CA, he recommended me to go through my CU.
If highly unlikely that a dealer would go lower than BMWFS base rate (while still financing through BMW) to match a third party lender. By doing so, they might have to eat into their profits and pay out of pocket.