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BMW 3-Series Prices Paid and Buying Experience

9143 messages,  Last post on Aug 28, 2008 at 5:43 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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#2679 of 9143
by 95mushroom
Jan 08, 2005 (7:23 pm)
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Hello everyone,
 
I'm starting my quest for a used 2001/02/03 330i. My color preference would be mystic blue w/black int. but I not set on that color. Although I'd wouldn't want to purchase a white or silver and they seem to be the only ones available. Looking to keep it near or under $25K. Anyone have a suggestion where to search? Visited local lots with no success.
 
Also what are some key pointer to keep an eye for when looking at used 3 series?
 
Thanks a bunch.
#2680 of 9143
Re: Strategy/Timing for 325ia no options? [kyfdx] by fireball
Jan 08, 2005 (7:26 pm)
Reply

Replying to: kyfdx (Jan 08, 2005 1:55 pm)

Should the $500-$1000 profit figure listed be inclusive of any dealer fees? My local dealer charges a $399 Dealer Fee on a new 3 Series. Thanks!
#2681 of 9143
Re: Strategy/Timing for 325ia no options? [fireball] by kyfdx HOST
Jan 08, 2005 (9:04 pm)
Reply

Replying to: fireball (Jan 08, 2005 7:26 pm)

Well.. $500-$1000 would be a killer deal.. Not every dealer will do that.. My local dealer won't do it...
 
One point I always try to make.. Determine what the invoice is... Then make your offer in real dollars... and never mention the term "invoice" in any negotiations...
 
Once you start working a deal from invoice + $XXX, then the dealer will start adding in all sorts of things..
 
Be aware that you might not be able to get the absolute rock-bottom deal from every dealer..
 
And yes.. dealer, document, conveyence fees.. are all part of the profit figure..
 
hope this helps,
kyfdx
#2682 of 9143
Re: 2005 325xi deal or not? [jettatdi] by kyfdx HOST
Jan 08, 2005 (9:26 pm)
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Replying to: jettatdi (Jan 08, 2005 5:48 pm)

No...not a deal.. they are cutting you no slack at all..
 
The base MF is .00125
 
If you waive the security deposit (not a good idea), that increases the MF to .0014
 
BMWFS allows them to mark up the money factor by .0004, which it looks like they have done.. resulting in an MF of .0018
 
It also looks like they may be bumping up the acquisition fee from $625 to $825, because that is the only way I can get the payment up to $506.
 
I didn't check the MSRP, but let's assume it is correct... Also, I'm assuming from the residual, that you are looking at a 3yr/36K lease.. This is how it should look
 
MSRP $35,194
Selling price $33,194 ($1K lower.. aggressive.. should be at least $500 lower)
Residual: 60% (325xi..3yr/36K)
MF: .00125
Cap cost: $33,819 (33,194 + 625 acq.fee)
Due at signing: Plates, taxes, 1st payment ($421.50), security deposit ($450)
Payment: $421.50/mo.
 
If you use your selling price, the payment increases by $30/mo.
 
regards,
kyfdx
#2683 of 9143
Re: Strategy/Timing for 325ia no options? [paramount13] by rnpaul
Jan 08, 2005 (10:04 pm)
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Replying to: paramount13 (Jan 07, 2005 11:29 pm)

If you want the car, buy it now. I ordered mine today. $1000 over Edmunds invoice (evidently doesn't include MACO) should do it.
#2684 of 9143
Re: [95mushroom] by kyfdx HOST
Jan 08, 2005 (10:10 pm)
Reply

Replying to: 95mushroom (Jan 08, 2005 7:23 pm)

1) An '03 is probably out of your price range..
 
2) I'd stick with an '02, mostly for the extra warranty.. CPO units will have plenty of warranty..
 
3) Depending on your need for horsepower, consider 325i as well.
 
4) Here is a car an Edmunds poster just bought, similar to what you are looking for.. I believe they paid under $25K for it..
 
http://www.billjacobsbmw.com/index.cfm?action=InventorySearch&amp- ;subaction=SearchDetail&Vehicle=B7444A&vehicleid=9836&amp- ;ListBack=1&VehicleOwnerFranchiseID=718
 
5) There should be a LOT of dealers in the South Florida area... shop around.
#2685 of 9143
Re: 2005 325xi deal or not? [jettatdi] by paule
Jan 08, 2005 (10:28 pm)
Reply

Replying to: jettatdi (Jan 08, 2005 5:48 pm)

Dealer here has to order new and has quoted me a MSRP of 35,194 including destination charge of 695.00, Right now I have them down to $34,194.
 
My opinion is that the selling price is too high. I negotiated $1,500 off MSRP back in mid September. You should at least be able to get that much off and probably significantly more.
 
If you have to order it, I would think you would want to do that relatively soon with the new '06 version on the way.
 
Personally, I don't think your requirements are out of the ordinary. They look very much like what I found on the dealer lots when I first started looking.
#2686 of 9143
Re: Strategy/Timing for 325ia no options? [rnpaul] by paule
Jan 08, 2005 (10:33 pm)
Reply

Replying to: rnpaul (Jan 08, 2005 10:04 pm)

That is correct. I confirmed off of my invoice the other day that the Edmunds invoice does not include MACO. It does however include the "Training service fee".
 
The Edmunds price does not include MACO because it varies by region.
#2687 of 9143
Re: Anyone else under invoice? [kyfdx] by 05-325i
Jan 08, 2005 (11:55 pm)
Reply

Replying to: kyfdx (Jan 08, 2005 1:51 pm)

Acura TL held their value. BMW incentive is killing my trade in value of my 2005 325i with less than 200 miles on it. They are asking me to take a 15K loss. Does it seem fair?
#2688 of 9143
Re: Strategy/Timing for 325ia no options? [paramount13] by 05-325i
Jan 09, 2005 (12:03 am)
Reply

Replying to: paramount13 (Jan 07, 2005 11:29 pm)

1) I hope they do not drop more in prices. But, I do not know for sure.
 
2) During the last week of December, I visited three BMW dealers and each dealer has atleast 15 of these strip down ones. They were running a $299/month lease special and giving a $2k off MSRP on them. I both mine on 12/30 and all three dealers still has roughtly the same inventory in their lot. So, I bet the chance is good they will be availalbe after January.
 
3) $2500 under invoice (Edmunds or KBB)

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