Last post on Apr 02, 2013 at 5:00 PM
You are in the BMW 3-Series
What is this discussion about?
BMW 3 Series, BMW 5 Series, Coupe, Convertible, Sedan, Wagon
Please share your Euro delivery experience here!
#1456 of 1563 Re: 535i ED Quote - Dallas [tx_bmw]
Mar 25, 2008 (8:58 am)
I've been following the BMW related discussions here on Edmunds since I started researching my 1999 328i back in the summer of 1998. Through that entire time one thing has remained true, the Dallas area dealers will not negotiate an ED deal below MSRP (and very little off of MSRP for domestically sourced cars). The common consensus is to either allow them to screw you, or patronize the BMW dealers in Austin or Shreveport; they seem to be much more willing to play nice.
Keep us posted.
#1457 of 1563 Re: 535i ED Quote - Dallas [car_rm]
Mar 25, 2008 (9:03 am)
Thanks for your message. I definitely read the Bimmerfest wiki, and it got me to a full breakout of all numbers, including the ED invoice price, as well as where my final number should be. That was why I was so surprised at the brick wall. I came in with a $1500 over invoice (ED invoice was $52,005, ED MSRP $56, 565), and was told that $56,565 was the number. At least I know my research is right, as I hit it on the dollar. I have calls into other dealers, but wanted to see if anyone else was seeing this in relation to ED--but it sounds like you definitely did not. Encouraging, so hope my results improve.
FWIW, here are the other numbers provided. Any comparison that you could give to your 535i would be appreciated. Thanks in advance.
Rate is 2.3, residual 60% - 15K, 62% - 12K. 36 mo. $917.86 15K, 36 mo. $887.27 12K. This based on 1st payment, refundable security deposit $950 or $900 and license fees $184.05 up front.
#1458 of 1563 Re: 535i ED Quote - Dallas [shipo]
Mar 25, 2008 (9:12 am)
Definitely great to know, and yet sorry to hear. I will be reaching out to Austin and Houston dealers today to see if the results are any different. Thanks for your insight, appreciate it, and I'll keep the list apprised to results. I went through this in 2002 wit Orange County, CA dealers, and the results weren't great then, either.
#1459 of 1563 Re: 535i ED Quote - Dallas [tx_bmw]
Mar 25, 2008 (10:13 am)
I am in the Bay Area, CA. The options I have ordered are premium package, sports package, nav, and iPod adapter. I went in with $1200 over ED invoice, $625 lease inception fee, buy rate on the MF. We settled on a .0002 increase on the MF but I will buy that down with MSDs. MSDs are given back to you at the end of the lease, .00007 reduction for each deposit. Please remember that the residual is based on the US MSRP (~57000 in my case). With sales tax, my calculations show a payment ~$700/month depending on final MF, 36 months, 15k/year.
I have read that many ED buyers will go to non-local dealers becuase they are able to get the deals that the local ones will not agree to. The only downside to that is you may or may not get a loaner from your servicing dealer and I am not sure if you can get the car delivered to your local dealer or if it needs to be picked up from the one you bought from although an airline ticket and nice drive back to get reaquainted with car is not such a bad thing.
#1460 of 1563 Re: 535i ED Quote - Dallas [car_rm]
Mar 25, 2008 (10:40 am)
Thanks to everyone for your input. Just to lay it out completely (should have done this first)--here is the config that I am proposing:
Space Gray Metallic Exterior
Black Dakota Leather Interior
4BY Bamboo Anthracite Wood Trim
205 6-Speed STEPTRONIC Automatic Transmission
ZSP Sport Package
ZPP Premium Package
609 Navigation System
ZCW Cold Weather Package
677 Logic7 Sound System
508 Park Distance Control (PDC)
6FL iPod and USB Adapter
ED invoice is $52,005. ED MSRP is $56, 565.
Payments for 15k miles are coming in at over $900/mo, 12k are $800+. Definitely more than I am seeing across this board.
I have just heard from my third dealer today (Dallas, Houston, and Austin) that no discount from ED MSRP will be considered--this was after coming in with a specific $1500 over invloice number, and making it known that the numbers were transparent. I'm at a bit of a loss now, as other than going out of state and driving back, it appears that ED is not quite the deal I though it was in my area.
#1461 of 1563 10% Deductible on ED Vehicle Theft Scenario
Mar 25, 2008 (10:48 am)
Just got the ED overview materials from BMW (via Fedex nonetheless) and they are saying that the provided insurance has a deductible that is 10% of the value of the car in the event it is stolen. Well on any well heeled 3 Series that is a $5K or so loss that would more than erase the cost savings of ED if that unfortunate event occurred.
Is everyone taking this risk or is there gap insurance?
Not sure if buying versus leasing affects the insurance coverage either.
#1462 of 1563 Re: 10% Deductible on ED Vehicle Theft Scenario [manybmws]
Mar 25, 2008 (10:56 am)
Hmmm, interesting. I seem to remember that there was a 10% deductible on my 530i, however, that was only for some countries. IIRC, Italy, Greece and points east were the deductible areas. I didn't see that as a show-stopper as we were staying in Austria, Switzerland, France, Belgium, Luxemburg, and of course Germany. That said, I'm sure the plan has evolved a bit since 2002.
#1463 of 1563 Re: 10% Deductible on ED Vehicle Theft Scenario [shipo]
Mar 25, 2008 (11:03 am)
I'll post the exact wording from the package tonight...
#1464 of 1563 Re: 535i ED Quote - Dallas [tx_bmw]
Mar 25, 2008 (12:40 pm)
Your monthly number seem high. Are you using $60025 as the US MSRP to calculate your residual value?
#1465 of 1563 Re: 535i ED Quote - Dallas [car_rm]
Mar 25, 2008 (12:51 pm)
Agreed, it does seem high. The 60% residual for 15k/mo is what I was quoted from the first dealer. Just received another quote as follows, again working from full ED MSRP, unfortunately. Working to get exact residuals and money factors from them now.
On the vehicle as you specified it below, the European Delivery Price would be $56565 +TT&L. The US price would be $59225 +TT&L.
The 36 month lease would be $837/month at 12K miles/year, and $867/month at 15K miles/year. This is for the Euro Delivery, with TT&L,1st payment, and security deposit paid at signing. On Euro Delivery cars, BMW will pay the 2nd month's payment for you, since you won't have your car back from Europe by then.
The 36 month lease on the US delivery would be $880/month at 12K miles/year, and $910/month at 15K miles/year. This is also calculated with the same up front costs as above.
The 24 month lease will be $860 12K, and $907 15K on Euro Delivery, and $937 12K, and $984 15K for US delivery, also using the same up-front costs.