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BMW 3-Series Prices Paid and Buying Experience

9248 messages,  Last post on Oct 13, 2008 at 1:42 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#1266 of 9248
Progress thus far... by drddo
May 12, 2004 (9:33 am)
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I have had a number of responses from my e-mail blitz, mostly from out of town dealers. A dealer in the Chicago area told me he will give me $3000 off of MSRP of any 325xi with the list of options I'm looking for. Sounds like a good deal, but there is a higher sales tax in the Chicago area, and it's about a 4 hour drive for me. A dealer in Indiana offered $36,545 for a car with a sticker of $38545, which as I figure is around %7 above their cost. I countered with $35,000, which is only 2.5% above their cost, so I'll wait to see what he has to say. The last dealer I talked to near Lansing, MI said he could go no lower than $35,645 over the phone on a car with an MSRP of $37,845. This is around 6.5% over their cost. He said we might be able to work something lower out if I go there in person with a deposit to put down. I told him thanks, but no thanks. I'm driving up to the local dealer in about an hour, since I haven't heard from them yet. I'm hoping for %2 above cost as a great deal and %5 as a max. Sound like I'm on the right track?
#1267 of 9248
Fields? by dogsambam
May 12, 2004 (10:12 am)
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Just leased a new 325i on the lease deal of last month. Got major runaround from Fields in Northfield Illnois. Lowballed my trade-in, and was higher on the monthly payment on a car with less options. Went to Perillo, got a completely loaded car, and what I wanted for my trade, for about $40.00 amonth cheaper than a modestly equipped car from Fields. i have tried to deal with Fields in the past, and they just don't seem to ever care to lose a deal.
#1268 of 9248
Re: Progress thus far... [drddo #1266] by 307web
May 12, 2004 (10:14 am)
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Replying to: drddo (May 12, 2004 9:33 am)

I think the dealers have to charge you sales tax based on the city you register the car in, not where the dealership is phyically located.
#1269 of 9248
Re: Progress thus far... [307web #1268] by drddo
May 12, 2004 (10:29 am)
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Replying to: 307web (May 12, 2004 10:14 am)

VERY good to know! The sales tax difference between here and Chicago has been adding up to around a $960 difference. If they charge me my local sales tax of 6%, the deals from Chicago seem much better. I've been in touch with 2 dealers, MotorWerks of Barrington and Bill Jacobs BMW of Naperville. Thanks for the info!
 
-drddo
#1270 of 9248
Re: Progress thus far... [drddo #1269] by kyfdx HOST
May 12, 2004 (11:36 am)
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Replying to: drddo (May 12, 2004 10:29 am)

Exactly correct... you will pay your local sales tax, wherever you buy.
 
I hear lots of good things about Motorwerks of Barrington. Not necessarily great prices though.. Perillo seems to be aggressive on pricing. I bought mine from a broker, who's office/lot are just a few minutes from Jacobs.. I drove right past them. I think that is where that broker gets his warranty work done.
 
regards,
kyfdx
#1271 of 9248
Re: Incentive [drddo #1264] by gordonwd
May 12, 2004 (11:59 am)
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Replying to: drddo (May 12, 2004 7:36 am)

Check out the dealer up in Grand Blanc. Personally I would not buy a BMW from a dealership that combines BMW, Audi, and Toyota (!), but they did seem anxious to make a deal when I stopped by a few months ago.
#1272 of 9248
So far... by drddo
May 12, 2004 (1:31 pm)
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Thanks for all the help. I have e-mails out to both Perillo and the folks up in Grand Blanc, so we'll see what they have to say. I just got back from the local dealer, and his numbers weren't bad, but I think I can do better. He can get me a 325xi with premium, cold weather, auto and leather for $35,545. That comes in around 6% over his cost. I mentioned that a dealer in Chicago quoted me $34,900 for essentially the same car and he said, "yeah, they'll do that over there". I'm not sure how much more negotiating he's willing to do. One good thing is he mentioned a financing rate of 3.9% over 60 months, which is better than I hoped for. Hopefully as time passes he'll be more willing to drop another $500 or so.
Another car we looked at had more than I need, but the kid in me really liked the sound of it. It is steel blue metallic, auto, sport, cold weather, sunroof, power seats, Harmon-Kardon, leather, and xenons. He again quoted me $2000 off MSRP with a price of $37,265. I would think about it a bit harder if he hit $36,000. All those bells and whistles would be nice, and the sport seats are great!
#1273 of 9248
Re: So far... [drddo #1272] by kyfdx HOST
May 12, 2004 (1:35 pm)
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Replying to: drddo (May 12, 2004 1:31 pm)

I think you are on the right track.. the incentive is indeed $1250 on the 325xi. You are right...you should be looking at around $3K off MSRP on those higher priced units.
 
And, of course.. steel blue is the best color (I might be biased). Just power seats on that last one? Or premium package?
 
regards,
kyfdx
#1274 of 9248
Re: So far... [kyfdx #1273] by drddo
May 12, 2004 (1:50 pm)
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Replying to: kyfdx (May 12, 2004 1:35 pm)

Power seats only. The dealer said it was most likely ordered that way because the wood in the dash on the premium package is not "sporty enough". Though, I think you can still get a premium package with the brushed column trim.
#1275 of 9248
Then..... by kyfdx HOST
May 12, 2004 (1:55 pm)
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No sunroof??
 
I like to have all the goodies.. especially if you are worried about resale.. There is always one person that wants it that way... but no sunroof? That will be a hard sell.
 
regards,
kyfdx

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