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BMW European Delivery

1473 messages,  Last post on Apr 12, 2008 at 3:46 PM

You are in the BMW 3-Series Forum. Your Hosts are pat & karens

What is this discussion about? BMW 3 Series, BMW 5 Series, Coupe, Convertible, Sedan, Wagon

Please share your Euro delivery experience here!


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#1458 of 1473
Re: 535i ED Quote - Dallas [shipo] by tx_bmw
Mar 25, 2008 (10:12 am)
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Replying to: shipo (Mar 25, 2008 9:58 am)

Shipo,
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 1473
Re: 535i ED Quote - Dallas [tx_bmw] by car_rm
Mar 25, 2008 (11:13 am)
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Replying to: tx_bmw (Mar 25, 2008 10:03 am)

tx_bmw,
 
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 1473
Re: 535i ED Quote - Dallas [car_rm] by tx_bmw
Mar 25, 2008 (11:40 am)
Reply

Replying to: car_rm (Mar 25, 2008 11:13 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:
 
2008 535i
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 1473
10% Deductible on ED Vehicle Theft Scenario by manybmws
Mar 25, 2008 (11:48 am)
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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 1473
Re: 10% Deductible on ED Vehicle Theft Scenario [manybmws] by shipo
Mar 25, 2008 (11:56 am)
Reply

Replying to: manybmws (Mar 25, 2008 11:48 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.
 
Best Regards,
Shipo
#1463 of 1473
Re: 10% Deductible on ED Vehicle Theft Scenario [shipo] by manybmws
Mar 25, 2008 (12:03 pm)
Reply

Replying to: shipo (Mar 25, 2008 11:56 am)

Thanks.
 
I'll post the exact wording from the package tonight...
#1464 of 1473
Re: 535i ED Quote - Dallas [tx_bmw] by car_rm
Mar 25, 2008 (1:40 pm)
Reply

Replying to: tx_bmw (Mar 25, 2008 11:40 am)

tx_bmw,
 
Your monthly number seem high. Are you using $60025 as the US MSRP to calculate your residual value?
 
Car_rm
#1465 of 1473
Re: 535i ED Quote - Dallas [car_rm] by tx_bmw
Mar 25, 2008 (1:51 pm)
Reply

Replying to: car_rm (Mar 25, 2008 1:40 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.
#1466 of 1473
Re: 535i ED Quote - Dallas [car_rm] by tx_bmw
Mar 25, 2008 (3:14 pm)
Reply

Replying to: car_rm (Mar 25, 2008 11:13 am)

There is a bit of hope yet.
 
Got another quote from a local dealer at $1,900 over ED invoice. The numbers back into the calcs ok, so I am pretty comfortable with it. I did trade emails with an out of state dealer, and his offer is attractive, but I think that the inclusion of shipping across states may place his offer in the very close ballpark of the other recent local offer. Current deal offer details:
 
Assumes no security deposits, which will definitely lower the payment, especially if multiples are involved. Would like additional input on MSDs if possible.
 
$60,025 MSRP
$56,565 European Delivery MSRP
  
$58,000 Selling Price for US delivery
$54,000 Selling Price for European Delivery
  
.00275 Money Factor for European Delivery
  
36-month Residual
60% for 15K per year
62% for 12K per year
  
European Delivery Lease
  
36mo. x $880
15K per year
#1467 of 1473
Re: 535i ED Quote - Dallas [tx_bmw] by car_rm
Mar 25, 2008 (3:30 pm)
Reply

Replying to: tx_bmw (Mar 25, 2008 3:14 pm)

tx_bmw,
 
You should be able to bring down the money factor with the following:
 
It appears that you are not a returning BMW lease customer. By paying for the first security deposit, that will reduce the MF by .00015. They have also used the full .0004 that they are allowed to increase the MF by. This part is negotiable and .0002 with many dealers is a reasonable compromise with the customer. Also don't forget that they can tell you the lease aquisition fee can be as much as $825 (base is $625). If you feel comfortable with the price, great. If not send them a counter offer.
 
The best part is as you have said - there is hope!

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