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

now I got $1700 off of msrp.
 
any comments?
#5012 of 10316
Re: need help [gaussd] by y_xie
Sep 08, 2005 (1:31 pm)
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Replying to: gaussd (Sep 08, 2005 12:51 pm)

The operating cost of a dealership is not going to be double or triple for selling a new model or different makes. So dealers always make money. The profit margin is driven by demand and supply. The demand is up to buyers. Ideally, if all buyers stay firm on price, dealers has room to lower down thire profit margin. In reality, use the lowest price found in Edmunds as a general idea of market price. Then use your negotiation skills.
 
General idea on negotiation
1. Use invoice price to add up. This will show how much dealer's profit will be, instead of how much discount from MSRP. (I did it this way)
2. Have firm mind set (ex, $500 above invoice) when negotiating the price. (I didn't do it. I always thought $1000 or less above invoice is a good deal.)
3. Drag the salesman into long negotiation. He will waste his time and opportunity without making a final deal. (I didn't do it. I talked to sales manager through email - a half month, and spent a hour in his office to make a deal.)
4. Prepare all the details of accessory price and make new proposal when necessary. (I made a mistake. I thought all weather mate was worth $145. But it is not.)
#5014 of 10316
Acquisition Fees for 2006 325i in MA by thr61
Sep 08, 2005 (4:47 pm)
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I am just wrapping up a deal and will be signing tomorrow. We went over the signing costs and everything looked fine except for a $725 acquisition fee. I thought that this fee was $625 through BMW finance? Did it go up in September with a new program? Or is it a way of them recouping the reduced money factor and purchase price I negotiated?
 
I hate to stall at the last minute and really want to take delivery, but it is annoying.
 
Others' experience here?
 
Thanks.
#5015 of 10316
Re: Acquisition Fees for 2006 325i in MA [thr61] by vsaxena
Sep 08, 2005 (6:57 pm)
Reply

Replying to: thr61 (Sep 08, 2005 4:47 pm)

BMWFS allows the dealer to mark up the acquisition fee by $200 and the MF by 0.0004. If you are getting the buy rate MF, a $100 is a justifiable fee for the finance department. They need to pay for the folks who are doing all the paper work for the lease.

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