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Originally Posted by ojt
Same same over here in Italy. The BMW official rate for iX1/iX2 here has been 2.49% for quite some time now. Yet when I called dealers I got quoted up to 5%. I chose to ignore the worst offenders and “educate” the rest.
Some of them were just plain ignorant, while others seemed like scammers. Kinda worrying for a lot of buyers who may not have the means / time to stay informed and blindly trust the dealers.
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You may have heard this business principle in the U.S. - Laissez-faire. And to go along with that we say, “let the buyer beware”. We put a lot of onus on consumers to educate themselves and not to rely on the seller to fully share all of the available information. Especially information that would diminish their ability to make the maximum profit. Unfortunately, most buyers are very lazy and take whatever a seller tells them as gospel and don’t raise questions.