How Do I Get A Used Car Inspected When They Sell So Fast?

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“I’m in the market for a 2018 BMW 3-Series wagon to replace my ‘06 version of the same car. There’s a lot of them coming off lease, and as BMW has discontinued importing this model, it’s a volatile market. I’ve been watching online for suitable cars since late last year, had a few misfires for various reasons. Found a suitable vehicle in Brooklyn NY this week, put a $500 deposit on it to hold the car. The dealer has emailed me a Purchase Order to sign, but has been dragging their feet with a finance offer. Purchase price is about $39K with taxes and fees, they don’t want to talk trade-in. I can put as much as $15 to $20 down.

Anyway, I don’t want to sign anything without a finance quote. BMW USA is currently advertising 1.9% on CPO cars, the dealer’s website is offering 4.9%. Hence my caution.

It’s a nicely optioned example, but I’ve seen other low mileage examples in the same color combination, so I can walk.

I’m in Maine, so, I don’t want to get down to the city and find myself backed into a corner. Does a purchase order carry the same obligation as a sales contract?”