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Prices Paid: Buying & Leasing Experiences 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
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Replying to: blueguydotcom (Oct 26, 2005 8:57 am) |
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Could you please evaluate this lease deal: Good/Fair Ordered a 330i with a sticker of $46,290 Price of car: $44,138 Driveoffs: $1102.24/Cap Reduction $2,897.76 Term of 48 months, 12k per year money of .00226 (Outside leasing company and was adjusted up from .00206) He indicated the finance department would not let him negotiate this. Did not get the residual. Total payment: $582.63 including tax. The one part that was confusing is he added the acquisition fee back on to the price of the car, and did not include that in total driveoffs. Would I be better off going the other way. Did the good price I get on the car go out the door because of the higher money factor. Thanks for your time and help!
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Replying to: sr4b1 (Oct 23, 2005 10:33 am) I've been looking at various BMW enthusiast sites and what people have been saying is that the dealers in Northern California are particularly aggressive. Apparently, BMW of fremont is willing to deal at $500-750 above invoice. If I have to order the car, perhaps he can have it shipped directly to me? Realize: msrp: 45,695 invoice: 41,870 The difference is $3,825. The best I can get in TX is $1k off sticker. If I can get $500 over invoice. I'm saving $2300+. I agree with the other poster, urnuts, it should be easy for the dealer to simply order my car. I think for processing my paperwork, $500 is a pretty good deal. Some of the other poster seemed like they work for BMW dealerships... I mean, come on, what's the logic : if they don't sell too many cars, they wouldn't want to make an easy profit off a pre-sold car? I don't know, but it seems unlikely. Esp. b/c it seems that all the dealers I've asked about ordering seem to require nonrefundable deposits of at least $1k. And not many walk away from that. For my money, I want the best price, period. Let the dealership make its money off the other impulsive shoppers who overpay, but not me.  Just for reference, I've helped family buy at different times, a loaded passat and a loaded escalade esv for well under invoice. ($2.5 under for the passat, and $1.5 under for the escalade). After all, while it's great to have a new car. It's also important to feel that you got a good deal. It'd make me upset to know that I paid only $1k off sticker, but if I had been a little bit more patient and thorough, could have paid $2300 less. I think it's entirely feasible not to pay more than $500 over invoice for this car. One dealer will want the easy money... |
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Replying to: max63 (Oct 26, 2005 4:38 pm) 1) Nothing wrong with adding the acquisition fee into the cap cost... 2) Generally, you are better off not making a big cap cost reduction... I realize it lowers your payment, but it really doesn't do much to lower your total cash outlay over the four years.. 3) Not knowing the exact lease numbers... I'm still surprised they didn't try to put you in a BMWFS lease for 3 years... From what I can tell, they could offer you a slightly lower payment, if you went with the three year term.. It makes me wonder if they are hiding some large profit margins in that 4 year lease.. regards, kyfdx
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Replying to: sr4b1 (Oct 26, 2005 6:18 pm) Whoever replid to my post assumed every scenario possible that would not favor the dealer- from my financing, to my down payment, to my intention to complate the deal. Wow. Anyway........... How about a non-refundable check for $10,000 & I finance through BMW and the dealer (!)- now can they order me a car and cut me a better deal? I'll make my offer tomorrow on an ordered 330i; Leather, 6-speed & sport. Arctic w/ beige or tan. I'll shoot for $2K off sticker- that seems pretty good, but not unheard of. If they can find the car somewhere, great. I was told that the delivery time if I order now will be 4-6 weeks if they have a slot in production. I'm in business- and an easy deal is, well, an easy deal. Make my life easy, and I'll make it worth your while. I sell pizza, makes no difference. A pre-sold car means you start the month out with 1 car already sold.
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Replying to: urnuts (Oct 26, 2005 7:48 pm) Dealer once said- "I'm only making $XXX on this deal" Fine- you nailed the guy who just drove out of here for full sticker, and the foolish old lady last week for MSRP, plus paint, fabric and rust...... You should have NO problem making just $500 on me! I sell large Pepperoni pizzas to people for $14, $10 and $8. Same pizza, same service. $14 is when you walk in and say "large Pepperoni" (menu price). $10 is when you walk in, grab some coupons, look them over and say "I'd like the $10 deal, please" $8 is when you actually look at the offers I send in the mail, put on pizza box, etc. I'd like to sell the pizza to everybody for the same price- doesn't work that way, though. So, the $14 is subsidizing the $8 guy, to a certain degree. Rest assured, I'll take your $8, smile and say "Thanks, have a nice night". If the difference in price is not important to you, may god bless you! And there are people like that- I suggest they look at the coupons. "no, that's ok" God bless! Well, when I get my 330i, I want the $8 car, and I'll look for the coupons, 'cause the guy who just left the lot paid $14! Yes, I'm done! |
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Replying to: urnuts (Oct 26, 2005 8:02 pm) I'll never get why people come in here and ask what others are paying for the car. My private valuation is all that matters...the first 200 buyers may have paid 3k over invoice. I still want the car for $100 over (unless there's a rebate and then I want a better deal). |
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Replying to: urnuts (Oct 26, 2005 8:02 pm)
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Replying to: bdr127 (Oct 27, 2005 5:17 am) Anyway... urnuts (nice handle..  ), most BMW dealers get an allocation... If they sell your car in an "easy" deal, they don't get an extra one to replace it, even if your car is ordered... So, if they get 1000 BMWs to sell this year, and they need to average $1500 profit on each one to make a return on their investment, then if they sell you one for a $500 profit, they have to make it up somewhere else.. It isn't like a Chevy, where GM will give them all the Impalas they can sell.... That doesn't mean you won't get one for $500 over invoice, it just makes it unlikely.. And, of course, you should try to get one as cheaply as possible... whether the dealer makes money or not is not your concern.. Just a reality check is all... At the beginning of the model year on a popular car, $500 isn't much of a mark-up, and in this case, you are buying a unit that the dealer can't go out and replace.. he only gets so many... Shopping with unrealistic expectations is extremely frustrating.. regards, kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Oct 26, 2005 6:29 pm) |
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