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BMW 3-Series Prices Paid and Buying Experience

10316 messages,  Last post on Dec 05, 2009 at 12:11 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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#5002 of 10316
Re: What is the fair price for this car? [bmw0531] by vsaxena
Sep 08, 2005 (10:14 am)
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Replying to: bmw0531 (Sep 08, 2005 9:12 am)

As kyfdx wrote this is too high. You could do a European delivery and get a brand new car 2006 325Xi in the early to mid 30s.
 
As a general rule,
 
1. Spec out a brand new car at edmunds (add metallic paint,cold weather package, premium package, steptronic) as options.
2. Use midway between the MSRP and the invoice as the buy price. or the TMV
3. For year 1 subtract 20%. For year 2 subtract another 10%. Add a 10c/mile for milage above below 10K/year.
 
This should be the high retail value for this car (around 30% less). My calculations suggest something in the mid20s, right where kyfdx feels it should be.
#5003 of 10316
Re: What is the fair price for this car? [kyfdx] by bdr127
Sep 08, 2005 (12:07 pm)
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Replying to: kyfdx (Sep 08, 2005 9:22 am)

I would say, IMO, that that is a decent price for that car.... AWD with really low miles... I assume the car is certified? That extra long warranty and lower interest rate alone will increase the value considerably. A quick search on Autotrader shows almost all 03's going for a few thousand more with higher miles... Any that are selling for less aren't certified.
 
A new 2006 325xi (which haven't even come out yet) similarly equipped would be $38,520. I don't know how much discount you could get on a pre-order. FYI: European delivery would be $1640 less.
 
Taking into account that 20% & 10% depreciation, plus the low mileage, it looks like the car would be valued at about $29,500. Add the certification and some profit for the seller, and you are well into the $30k's. I'd say $29k+ is a decent price. My two cents.
#5004 of 10316
Re: need help [gaussd] by y_xie
Sep 08, 2005 (12:13 pm)
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Replying to: gaussd (Sep 07, 2005 11:13 am)

I bought my 325i two weeks ago with following packages
 
2006 BMW 325i
ZPP Premium Package
609 i Drive/On-board Navigation System w/ Voice Recognition
205 STEPTRONIC 6-Speed Automatic Transmission
4AC Poplar Natural Wood Trim
693 Satellite Radio Preparation
Sparkling graphite metallic exterior
Black interior
The invoice including destination fee was $34,630 from Edmunds.com at that time.
 
I paid $35400.00 without tax and DMV fees. The deal is $500.00 above invoice, but the dealer insists $270.00 ad and training fee (MACO) as part of invoice. After negostiation, I got an all weather floor mate ($78.00). So I paid $692 above published invoice price at that time.
 
I thought this was a good deal at that time. But recently, I checked the Edmunds.com again, it show $0 for paint color adjustment. At the time I bought my car it showed ~$450.00 for sparkling graphite metallic paint. I am not sure I got good deal any more. But on www.bmwusa.com, the paint price still is $475.00. Confused?
#5005 of 10316
Re: need help [y_xie] by bdr127
Sep 08, 2005 (12:34 pm)
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Replying to: y_xie (Sep 08, 2005 12:13 pm)

I thought this was a good deal at that time. But recently, I checked the Edmunds.com again, it show $0 for paint color adjustment. At the time I bought my car it showed ~$450.00 for sparkling graphite metallic paint. I am not sure I got good deal any more. But on www.bmwusa.com, the paint price still is $475.00. Confused?
 
Strange... Edmunds doesn't show the metallic paint charge for any metallic paint on the 325i. The charge is definitely $475... Where did you see the $450? On the window sticker?
#5006 of 10316
Re: need help [y_xie] by gaussd
Sep 08, 2005 (12:51 pm)
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Replying to: y_xie (Sep 08, 2005 12:13 pm)

thx!
 
In fact, the invoice including destination fee of the car i wanted is $33,555, which includes:
 
national base price 27,755
premium package 2,640
steptronic 6 speed 1210
adaptive Xenon headlight 730
heate front seats 455
satellite readio preparation 70
 
destination fee 695
-----------------------------------------------------
so the invoice price is 33,555 (it is an existing car with these options, so the base price is the old one before Sep 1). And the MSRP is $36,545.
 
but the dealer only gave me $34845 as the final price, and he said no for any lower price. It is $1,290 above the invoice.
 
I find that in this post, the price is always at most $1000 above the invoice, so maybe this dealer asked too much.
 
Any advice or comments?
#5007 of 10316
Re: need help [bdr127] by y_xie
Sep 08, 2005 (12:52 pm)
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Replying to: bdr127 (Sep 08, 2005 12:34 pm)

two or three weeks ago, invoice column. But not now.
#5008 of 10316
Re: What is the fair price for this car? [bdr127] by vsaxena
Sep 08, 2005 (12:56 pm)
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Replying to: bdr127 (Sep 08, 2005 12:07 pm)

This is a private party sale so no certification or extended warranty.
 
I am not sure how you came up with ED being $1640 less. The MSRP are about 7% less (~$2600), plus you *CAN* negotiate a better discount with ED if you go to the right dealer; the car is a bonus sale for them since it does not come out of their allocation.
 
The ED invoice for this car is in the low 30s. Assuming a $1500 profit (very doable), this car should be easily available in the mid 30s. No way I would pay $29K for a car which is 3 model years old when I get a next gen car for 20-25% more.
#5009 of 10316
Re: need help [bdr127] by kyfdx HOST
Sep 08, 2005 (12:59 pm)
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Replying to: bdr127 (Sep 08, 2005 12:34 pm)

Yeah.. I missed the AWD part.... But, that still puts the original MSRP at $37,500 or so.....
 
From a dealer, CPOed.... you are right... I would expect around $29K... but, not from a private seller, with no extra warranty...... In my experience, the AWDs aren't bringing any more used, than the RWD cars... BMW's own residuals seem to bear this out..
 
regards,
kyfdx
#5010 of 10316
Re: need help [timny] by gaussd
Sep 08, 2005 (1:04 pm)
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Replying to: timny (Sep 07, 2005 5:46 pm)

Now it is $1700 off based on the msrp.
it is $1290 above the invoice (i use the old base price before Sep 1. ,cause it is an existing car and i think the dealer also payed the old price for this car).
I need to pay $34,845 (only include the destination fee $695) before tax and other fees.
 
it seems that everyone got a better deal than i got!
 
Should I accept this price?
 
The poor truth is there is only one bmw dealer in my town, and the other nearest bmw dealer is 70 miles away.
#5011 of 10316
Re: need help [spicy320] by gaussd
Sep 08, 2005 (1:05 pm)
Reply

Replying to: spicy320 (Sep 07, 2005 2:53 pm)

now I got $1700 off of msrp.
 
any comments?

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