Run your credit report and get your credit score. The score tells you your credit tier, which will affect your annual percentage rate. Even if you have bad credit, you can still buy a vehicle that's right for you and your wallet. Next, get preapproved for a loan at your local bank, credit union or online lender. By going in with financing already arranged, you can determine if the dealer can beat your interest rate. This strategy also keeps the negotiations more focused since you will only be looking at the total price of the vehicle (also called the "out the door" price), not a monthly payment.
Sized like a BMW X5, the new 2022 BMW iX is an electric midsize luxury SUV with room for five people and a driving range measuring an estimated 300 miles. Designed to aerodynamic requirements, and constructed using ecologically conscious methods and materials, the BMW iX is geometrically shaped, inside and out. Next-generation electronics power the infotainment and safety systems, and the iX is compatible with 200-kW DC fast chargers.

*All pricing and details are believed to be accurate, but we do not warrant or guarantee such accuracy. The prices shown above may vary from region to region, as will incentives, and are subject to change. Vehicle information is based off standard equipment and may vary from vehicle to vehicle. Call or email for complete vehicle information. All specifications, prices and equipment are subject to change without notice. Prices and payments do not include tax, titles, tags, finance charges, documentation charges, emissions testing charges, or other fees required by law, vehicle sellers or lending organizations.

Cons: While buying new might be the most satisfying way to buy a car, it's also the most expensive. Some cars depreciate faster than others, but no matter what you're buying, your new car is going to experience depreciation the minute you drive it off the lot. That's not to say buying a new car isn't a good value, but it's a financial hit you should keep in mind if you're shopping for a new car. Consider doing a little homework on the depreciation rate of the car you have your eye on before pulling the trigger.
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