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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10320 messages, Last post on Dec 07, 2009 at 12:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Again, it's the overall market forces, which are many, that determines what the vehicles sell for. There are instances that big premiums must be paid on top of the MSRP (look for huge money over for a new M5) and there are also instances where the dealer will cut and run with a loss on a new car if the market is that soft. Normally, if the dealer can't move the cars then you'll see rebates and dealer incentives (mercedes). I don't know of any manufacturers that don't offer some sort of hold back but unless the car is just grossly over-priced, it's not negotiable. If it is, you might want to consider a different make. So, even if you know all the "secrets" about what the dealer really pays you're not going to beat the market. Let's say that I'm a dealer for ABC and every 3 vehicles that I sell, I get a free one from ABC........I'm not going to sell that 4th one for any less than what the others sold for. You can only get what the market will give. And, you have to pay to play. I don't see why so many on these boards are obsessed with what the dealer is making. If you just don't want the dealer to make any money than buy yourself a bus pass. Quibbling over a couple hundred dollars on a 30 or 40 thousand dollar transaction is a bit silly. I just think about it with a different perspective, for sure, but for a consumer to say "yeah it's worth 35 grand, but it's not worth 35,200"? That's a tough call.
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Replying to: virtualbmw (Apr 11, 2005 4:03 pm) Now, I will get a bus pass and wait for the day when buying a car will be as easy as buying a color TV from BestBuy. LOL AMT- |
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Replying to: virtualbmw (Apr 11, 2005 4:03 pm) Quibbling over a couple hundred dollars is kind of silly over a big purchase ---- the focus for the buyer is to be happy with their decision --- the dealer knows this and his focus is to make sure this amount ends up in their pocket ---- nothing wrong with it ---- that is the American way.... Thank goodness we have the ability to even worry about such things as whether or not we are getting a good deal on a luxury item like a BMW. Hey, on second thought --- who called it a luxury item --- a new BMW is a necessity!!!! Keep shopping, have fun and enjoy.... (Sorry for the philosophy --- back to real numbers on good deals.......)
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Replying to: mep1 (Apr 11, 2005 5:26 pm) In the car business it's often said that a good deal is a "state of mind". And it seems true at times that the customers that we make the least amount of profit on are the ones that are the least satisfied. I'll enjoy driving my BMW home tonight. |
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The personal finance columnist in the Washington Post, Michelle Singletary, wrote an excellent column last week regarding the car buying experience. Link is: http://www.washingtonpost.com/wp-dyn/articles/A32823-2005Apr6.html I negotiate contracts for a living, and one thing I learned is that you can never never win in negotations, when you are using the other person's numbers. You are using the numbers the other party is providing. And since the "invoice amount" is the amount provided by the other party....... The dealer's gonna make their money. And if they don't make a killing off you, they're going to make it off others. Since it sounds as if virtualbmw works for a dealership, I'm sure virtualbmw pines for the old days (b/4 the Internet), when trucks did not have sticker prices, the dealer told the buyer to jump off a cliff when you asked to see an invoice, or the dealer had different invoices for each car. Read the article: it'll put things in its proper perspective.
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Replying to: weno2 (Apr 11, 2005 6:46 pm) I don't care how good of a negotiator that you are, if you don't get the deal done you're the loser and you're not going to beat the market. Besides, I think that if I make a couple hundred bucks on a commission the consumer certainly benefits more than I do. Afterall this is a tangible item. It's the "Ultimate Driving Machine" and ownership has it's returns.
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I am a newbie at this. This is my first time leasing a car. I want to get myself educated. Can someone please help on what is a "good deal" for a 2005 325i lease, in the southern california area  . I am looking for: 36 months No down (except drive off) premium, silver gray, leather 12K miles per yr One of the local dealers gave me a quote over the phone for approx. $455 per month and $1800 drive off (including first payment, taxes, fees) Thank you for all your advice in advance.
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Replying to: lovebmw330i (Mar 24, 2005 10:08 am) Would you please list the dealership in south Florida that you leased your 330i? Thanks, hpowders |
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Replying to: kal (Apr 11, 2005 1:16 pm) 36 mo/15k mi – 61% Residual Value – Money Factor .00225 Base Rate |
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Replying to: hk79 (Apr 11, 2005 7:53 pm) |
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