Quote:
Originally Posted by nazali
ok, so I'm at home and got some figures
sale price 53k
trade in 10k
dep 5k
biweekly 332
month 721
finance (originally) 33k
int 1.99% 48 months
(as of today) estimated pay off 13k
on the invoice between 53,058 and 33,257, there is a whole lotta stuff my20credit fees etc
bought june 21
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So $25k + $13k = $38k for your trade? Not sure if that's good or not, especially in Canada. Would recommend getting offers from other places like Carmax, Carvana etc if they have that there.
I always treat it like 2 separate transaction. I want to get the best price for my trade then get the best price for the new car.
Also you have a 2% loan... unless BMW is offering something special I doubt you will get that today.
Quote:
Originally Posted by nazali
so 2nd question is 3450 for a years extended warranty , sound ok ? thoughts or save the money in the bank
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Dunno what they cost, but will you not sleep at night if you don't have a warranty? Is sleeping worth $3450 to you?
Personally I don't buy extended warranties on anything. Statistically it has to be a losing proposition or else the warranty companies would be out of business.
Of course there is always the chance your engine will blow up after not buying it, but statistically it won't. So at that point it's basically like insurance. Can you self insure if you have something major go wrong with the car? Is it likely to have anything go wrong that's more than $3450 to fix?