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BMW 3-Series Prices Paid and Buying Experience

10318 messages,  Last post on Dec 06, 2009 at 9:01 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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#6338 of 10318
330i Dealer Lease Rates? by jzcarr25
Apr 08, 2006 (8:39 am)
Reply
OK...Ive been reading this forum for a while. Just got off the phone with the dealer. Here are the lease variables he gave me on a 330i, sport/premium/6-speed.
 
3 yr/ 12k
 
Resid - 64% - looks good
MF - .00250 -- that is WAY high
Acq Fee - $825 -- high too
 
OK..before I go guns a blazin on this guy I want to confirm. The base rate for April is .00195, and this IS negotiable? He told me the only way to get it down was to give him a security deposit. Is that true?? Also, the Acq fee IS negotiable?? Is the base rate still $625? Thanks for your help!
#6339 of 10318
My Deal by getwired
Apr 08, 2006 (10:24 am)
Reply
1) M.S.R.P.: $ 43,770.00
 2) L.E.V.%: 62.00%
 3) Lease-end Value: $ 27,137.40
 4) Selling Price: $ 40,925.00
 5) Term: 36
 6) Money Factor: 0.00208
 7) Adjusted Cap Cost: $ 41,240.96
 8) Cash Cap Reduction: $ 309.04
 9) Total Sales Tax: $ 600.15
10) Acquisition Fee: $ 625.00
11) Tag/Title Upfront: $ 74.00
12) Doc Fee Upfront: $ 398.00
13) Security Deposit: $ 4,200.00 (MF buy down)
14) Base Monthly Rental: $ 533.98
15) Tax Rate/Amt: 3.0000%$ 16.02
16) Total Monthly Payment: $ 550.00
17) Amount Due At Start: $ 5,554.47
 
2006 325i
Cold Weather Package
Premium Package
Sport Package
Automatic transmission
Comfort Access
Park Distance Control
Xenon headlights
Navigation System
Premium Hi-Fi system
Satellite radio prep
 
 
#6340 of 10318
Is this a decent deal? by jaxdave
Apr 08, 2006 (11:06 am)
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Dealer in N. Florida is offering the following deal:
2006 325i
Sparkling Graphite
Steptronic Automatic
Premium Pkg
Sport Pkg
IDrive/Nav
Adaptive Xenon Headlights
Sirius Satellite Radio
 
$39,515 plus Tax, Tags/Registration.
 
This is below Edmunds TMV and also below KBB "Book Value". Sounds like a decent deal to me. Any idea what the going rates above invoice are in FL right now? Any opinions/thoughts would be greatly appreciated. Thanks.
#6341 of 10318
Re: 330xi Lease Questions [ckm1515] by raln48
Apr 08, 2006 (12:50 pm)
Reply

Replying to: ckm1515 (Apr 08, 2006 8:19 am)

Thanks for passing this along.
I meet with the dealer in 1 hour to pick up the new car.
I'll see what they throw at me.
 
Thanks again.
#6342 of 10318
Re: Is this a decent deal? [jaxdave] by mattr82
Apr 08, 2006 (10:06 pm)
Reply

Replying to: jaxdave (Apr 08, 2006 11:06 am)

In doing your car in edmunds, I came out with: $41,240 MSRP $37,820 Invoice. Your price is 1695 over invoice. I am not sure on the Florida market, but I think you should probably be able to do better than this. I would shoot for between 500-1000 over invoice, the latter which is probably attainable given some work. To give you an idea I paied approx 500 over invoice in New Jersey, but we have a very competitive market with many dealerships within a small radius. In looking at this heavily optioned 325, I can't help but think that you should look into a less heavier optioned 330. The premium package is less on the 330, as well as the standard xenons. I don't know how important all of these options are to you, but I feel going up in the 3 series badging should be of top priority over a plethora of options. In the end I feel that I will be able to recoup around 1/2 of the approx 4k difference between the 325 and 330 once I decide to sell the car, so I considered it to be a good "investment" for me. The 330 also includes bigger brakes, 17 inch tires, chrome trim on the grill and doors, and the Logic 7 sound system. I have went over the difference in the 325 and 330 quite a bit, as I was faced with the same dilemma myself. After doing everything on paper, it appeared to me that the new 3 should be either options out as a bare 325i or a lightly optioned 330, in order to maximize value.
 
I would send out a mass e-mail to every dealer in Florida asking what they can do for this car Our The Door and for them to break it down for you. Once you have the best price, you can repeat the process to see if any of the dealers will beat/match this price. It takes a little work, but can save you a decent amount of money. Good luck.
Matt
#6343 of 10318
Re: Request for Updated Lease Specs [raln48] by kyfdx HOST
Apr 09, 2006 (9:01 am)
Reply

Replying to: raln48 (Apr 01, 2006 8:07 pm)

The numbers I see show 61% residual and a new money factor of .00195 on the '06 330Xi..
 
Assuming those numbers are correct.. the money factor has dropped for April on the AWD models..
 
regards,
kyfdx
#6344 of 10318
Re: Is this a decent deal? [mattr82] by jaxdave
Apr 09, 2006 (9:43 am)
Reply

Replying to: mattr82 (Apr 08, 2006 10:06 pm)

Thanks for all the info. I have not really considered the 330i because one of the options that I really want is the IDrive/Nav. Before anyone jumps all over me about that, Yes I have played with it extensively and I am one of the rare people who actually likes it. With that being said, the difference in price to move up to a 330 plus the $2K IDrive option puts me out of the range I want to spend.
 
I have e-mailed all of the dealers within 200 miles, though that is only about 5 dealers, and the price mentioned above is the best so far. I took it back to the other dealers and none would even consider matching it. One dealer told me flat out "Take the deal from the other dealer". Unfortunately the only BMW dealer in in Jacksonville has a lousy reputation for service. The dealer I got the best price on is about an hour away but offers pickup/dropoff valet service when you need to have the car serviced. Basically this means they will send someone with a loaner to my home or office, pickup my car and leave me the loaner until they bring my car back. That has some appeal since I don't really want to use my local dealer's service dept. Anyway, I may try to expand the e-mails out to more dealers further out in the state. Thanks again for the info. I really appreciate the input.
#6345 of 10318
Re: Is this a decent deal? [jaxdave] by skobola
Apr 09, 2006 (2:53 pm)
Reply

Replying to: jaxdave (Apr 09, 2006 9:43 am)

I can certainly agree with you about pricing the Bimmers in Florida, as there appears not to be too many dealers and people really want these cars. I thought that the worst market is Miami, as there are only 2 dealers and it appears that everyone wants one! Therefore, I ordered mine from a dealer in New York, as they appear to have much lower pricing - namely I got my new 325i for $910 above invoice, which is unthinkable in Miami, as they are selling it at MSRP or at best for a little bit less. In order to ease the delivery pains, I opted to pick up the car in Spartanburg, which is actually a very nice pickup, and you would be able to be home in just one afternoon, immediately after your delivery ends. Let me know if you need more info. Good luck!
#6346 of 10318
Re: Request for Updated Lease Specs [kyfdx] by raln48
Apr 09, 2006 (6:36 pm)
Reply

Replying to: kyfdx (Apr 09, 2006 9:01 am)

Thanks. I discovered this to be true yesterday when I signed the lease and picked up the car.
The original deal was negotiated in February when the money factor was .00225. The car was ordered then. The commitment from the dealer was to pass along their buy rate.
 
When they presented me with the paperwork yesterday, they kept the rate at .00225, even though the buy rate had dropped to .00195.
Fortunately I was aware of the money factor reduction. They grudgingly lowered it to .00195. This made a $21 per month difference in the payment.
 
Anyway, the car is fantastic -- much better than I had expected it to be.
 
Thanks again.
#6347 of 10318
Special Order Time? by getwired
Apr 09, 2006 (7:26 pm)
Reply
Anyone can share with me their experience with ordering a "special order" 330i? How long did it take?
 
Can you "lock in" residuals and money factors from the time you order the vehyicle?

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