Quote:
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Originally Posted by NikonMan
Quote:
Originally Posted by SUV55
If a dealer sells an X5 for 7% off, do they still make money on the sale? (not including future service). Is their actual cost below invoice? Otherwise what's their incentive to sell at 7% off?
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BMW does not provide "holdback" (e.g. a rebate check of 2-3% on each vehicle paid to the dealership by the manufacturer after a sale of a vehicle).
There are, however, quarterly and end of year promotional monies and such that are paid to each dealership. |
This.
I think it's going to be difficult to get v close to invoice on the X5 for a bit.