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!
#372 of 1563 A bit of trivia...
Mar 08, 2003 (6:39 pm)
Back in 1998 when I was shopping for my next new car, Mr. Rizzo (I'm thinking that his first name is Frank) of "Rizzo Method" fame was a regular on the VW Passat discussion here in the TownHall, and like him, I was also in the market for a 1999 Passat GLX 5-Speed. Given that I was currently driving a 1995 VR6 Passat GLX 5-Speed, I thought that the new GLX would be perfect, however, in VW's infinite wisdom; they decided to eliminate the 5-Speed option for the GLX for that model year only (it was available in 1998 and again in 2000). What's up with that?
Long story short, I found that the 328i had all of the features that I wanted, was in plentiful supply (VERY few Passat GLXs were imported for 1999, regardless of transmission) AND its monthly lease cost was something like $8.00 more per month! When I posted that, Mr. Rizzo and at least a half a dozen other Passat GLX 5-Speed hopefuls jumped ship and got the 3-Series instead. It was at that point that our discussions of how to shop for the BMW gelled into the "Rizzo Method".
Mar 08, 2003 (7:56 pm)
Considering your experience, BMW European Delivery should be called "The Shipo Method".
Thanks for your valuable insights.
#374 of 1563 I'd Lower Your Dlr Profit to $1000
Mar 10, 2003 (8:56 am)
Easily doable in this market. I just did it and some other guys have as well.
#375 of 1563 Hey Shipo - in response to Msg. #366
Mar 10, 2003 (10:35 pm)
Thanks for the info on ED.
I've been thinking about getting my own 330ci thru ED, and am wondering what the true out of the door final cost is.
Based on this figure:
$34,800 -- Total ED Invoice + $1,500 Dealer Profit.
Do you add the state taxes on top of this, prior to the TTL, or do you add the TTL, and then add the tax on top? Thanks in advance!
#376 of 1563 Sigurros
Mar 11, 2003 (7:04 am)
Sorry about the delay getting back to you, I have been in airports and on airplanes for the last 28 hours. :-/
Typically the term "TTL" means "Taxes, Title and License", and one does not affect the other. The Title and License fees are set by your state (and your dealership probably pads that a little, calling it a "Service", so that you will not have to stand in line at your local DMV). The state taxes apply to the negotiated price of the car, which if you are using the "ED Invoice + $1,500" model would be, (ED Invoice + $1,500 + Destination) * (State Tax Rate).
Hope this helps.
Mar 11, 2003 (7:33 am)
Tax calculations vary from state to state. Some allow credit for trade-ins, some don't. Just to use one example: Kentucky.. no credit for trade-ins, and 6% tax is calculated on 90% of the MSRP. Negotiated price makes no difference at all. Across the river in Ohio, credit for trade-ins, and tax figured on negotiated price.
Mar 11, 2003 (3:59 pm)
Agreed, there are also states that charge sales tax on the entire negotiated cost of the car when it is being financed via a lease (Illinois for instance), and states that charge sales tax on the difference between the negotiated price and the depreciated price (New Jersey). That said, the taxes are still calculated on the cost of the vehicle and are not compounded by Title, License, and other dealership charges.
#379 of 1563 Thanx a billion, Shipo & kyfdx
Mar 12, 2003 (11:50 am)
Shipo - man, what part of the world are you in now after the 28 hours plane/train ride? =)
This really helps me to come up with a more precise figure before trying out the Rizzo method (or the Shipo method =) ).
You guys are awesome. Thanks for the help.
#380 of 1563 Sigurros
Mar 12, 2003 (3:42 pm)
Taipei, Taiwan. :-/