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BMW 3-Series Prices Paid and Buying Experience

10319 messages,  Last post on Dec 07, 2009 at 12:34 AM

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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#4766 of 10319
Re: carsdirect [etj] by kyfdx HOST
Aug 11, 2005 (10:55 am)
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Replying to: etj (Aug 11, 2005 9:58 am)

1) Carsdirect is probably quoting the wrong residual for the mileage you requested ("Oh, you wanted 15K miles per year?"). 61% is the proper residual for the '06 325i for 3yr/45K.
 
2) The dealer is marking up the money factor more than the dealer that carsdirect is using... You can try to negotiate this down... the base MF is .0025
 
If the dealer is $1000 lower on the selling price, try to negotiate their money factor down... 61% is the right residual.. Also, watch out for the acquisition fee... base fee is $625.. many dealers will mark it up the maximum.. to $825.
 
I hear LA dealers are more aggressive on price than San Diego..
 
regards,
kyfdx
#4767 of 10319
Re: carsdirect [etj] by blueguydotcom
Aug 11, 2005 (10:57 am)
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Replying to: etj (Aug 11, 2005 9:58 am)

etj, which dealers? Cunningham is often willing to move on price. Brecht, San Diego BMW and that one in Escondido tend to think they're too good to deal.
#4768 of 10319
more questions... by etj
Aug 11, 2005 (12:21 pm)
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blueguy, Cunningham has done the best for me, they are at 1000 above invoice. I think that I am going to work with them to negotiate the money factor as much as I can. San Diego really gave me the impression that they are doing me a favor by even talking to me about the car. Brecht didn't want to move at all on the money factor of 29 and are close to 2000 above. Harloff stayed at about 1500 above invoice.
 
Thanks for the tip on acq fee kyfdx, I thought the 825 was standard. What other fees should I be aware of that are not included in the car? The only car charge that I know about is the destination charge. Outside the car charge I only know that they will add the licensing and the acquisition. Is a documentation fee legit?
 
Thanks for all the help.
#4769 of 10319
Re: more questions... [etj] by kyfdx HOST
Aug 11, 2005 (12:30 pm)
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Replying to: etj (Aug 11, 2005 12:21 pm)

I think doc fees are restricted to under $100 in CA? Anything like dealer prep, dealer fees, pre-delivery inspection, etc. are pure fluff, and should be considered part of the price of the car...
 
I think the state of CA has a tire fee, and maybe a couple of other small (under $30) fees that are required.... registration/title, etc..
 
That is it.... don't put any money down... Your cap cost should be the selling price + acquisition fee... Your "due at signing" should be your 1st payment (including tax), security deposit (rounded up to next $50 increment) and your license/title/registration/tire fees (generally around $300-$400 in CA)...
 
regards,
kyfdx
#4770 of 10319
Re: more questions... [etj] by blueguydotcom
Aug 11, 2005 (12:58 pm)
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Replying to: etj (Aug 11, 2005 12:21 pm)

etj,
 
I went with Cunningham and pointed friends and family there too. They've always dealt squarely with me. I did have to push on the MF though. See if they'll do a costco $400 over price (they used to do this but I'm not sure if they still do).
 
At the time I bought they didn't have MACO fees but I know an employee there now and he contends MACO is now added on too. Bummer. Every other BMW dealer in town did MACO.
#4771 of 10319
Re: more questions... [kyfdx] by etj
Aug 11, 2005 (1:14 pm)
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Replying to: kyfdx (Aug 11, 2005 12:30 pm)

Thanks for the info...I will probably talk to the guy this afternoon to make sure that the fees are in the ballpark and negotiate the money factor.
 
Have you heard of anyone who bought their car through carsdirect?
#4772 of 10319
Re: more questions... [blueguydotcom] by etj
Aug 11, 2005 (1:17 pm)
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Replying to: blueguydotcom (Aug 11, 2005 12:58 pm)

blueguy,
 
Do you think that I will be able to negotiate the MF? I'll mention the costco deal and see what I get.
 
I know this is probably a stupid question, but what is MACO?
#4773 of 10319
Re: more questions... [etj] by blueguydotcom
Aug 11, 2005 (2:12 pm)
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Replying to: etj (Aug 11, 2005 1:17 pm)

I talked them off a few points and bought off more points with MSDs.
 
MACO is an advertising fee that dealers add at the end of a deal in a backdoor way.. IMHO, it's the height of arrogance to negotiate a price and then when the buyer finalizes to tack on an extra fee that's the cost of doing business.
 
Can you imagine how we'd react when buying a stereo at Best Buy and as you check out they say, "There's a $5 advertising fee we add to all large purchases."? Uh, then charge more for that car/stereo.
#4774 of 10319
Re: more questions... [blueguydotcom] by etj
Aug 11, 2005 (5:11 pm)
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Replying to: blueguydotcom (Aug 11, 2005 2:12 pm)

Blueguy,
 
Thanks for the advice...
 
Sorry for my ignorance, but what are MSD's?

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