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BMW 3-Series Prices Paid and Buying Experience

9251 messages,  Last post on Oct 14, 2008 at 4:12 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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#7263 of 9251 Re: my deal [orangeman70] by smithmad Feb 21, 2007 (8:07 pm)
Replying to: orangeman70 (Feb 21, 2007 7:06 pm) Fields in Daytona Beach FL. Am I getting a good deal?
#7264 of 9251 Dealing with bay area BMW dealers by jim_beam Feb 25, 2007 (12:05 pm)
I am in the market for a new car and after having considered Lexus IS 250, I have changed my mind and looking at 328i Sedan. I have contacted all the dealers in the bay area but I am not getting very helpful replies to my email. My ideal scenario would be to send the details of the car I want to the dealers, receive quotes and buy the one that makes sense (price and proximity to where I live). However, BMW dealers seem almost unwilling to part with their cargo! One dealer sends me a quote higher than the MSRP and another gives me quote for a car with options that I don't want. Most of them want me to go to the dealership before giving me any information. Overall, this has been a bad tasting experience. You are looking at spending $40K+ on a car and you get treated like a leper.   Does anybody have a strategy to deal with this? Should I just go through CostCo or some auto broker? If the buying experience is so bad, how about the service? Am I better off going with Lexus?   Thanks! Replies to this message: roxy68 (Feb 25, 2007 12:37 pm) blueguydotcom (Feb 25, 2007 4:51 pm) jim_beam (Feb 26, 2007 10:16 pm) blueguydotcom (Feb 26, 2007 11:24 pm)
#7265 of 9251 Re: Dealing with bay area BMW dealers [jim_beam] by roxy68 Feb 25, 2007 (12:37 pm)
Replying to: jim_beam (Feb 25, 2007 12:05 pm) I would send an email with the EXACT options you want. Note that if they don't have it or can't get it, that they should not contact you. My understanding is there is quite a bit of inventory for this car and you should be able to get a good price. Make sure you know what MSRP is and what price you want to pay. It may take some emails, but you'll find a dealer who will negotiate.
#7266 of 9251 Re: Dealing with bay area BMW dealers [jim_beam] by blueguydotcom Feb 25, 2007 (4:51 pm)
Replying to: jim_beam (Feb 25, 2007 12:05 pm) Contact Sac BMW dealers too. If the boys in the bay area won't play ball, look elsewhere. A 328i is a 400-500 over invoice car. If you really want the car, don't be afraid to order it - in so cal $500 over invoice is just a matter of calling around. The 328i in california is the equivalent of a Honda Accord...so common they must deal from invoice up as it's everywhere.
#7267 of 9251 Locking in Rates by sidadeno Feb 26, 2007 (1:03 pm)
Hello,   My dealer mentioned that even if I don't buy from him, I should fill out a credit application this month to "lock in the rates."   Is it possible to lock in February's MF? Can you only do this if you buy a car in February or can the rates be used later?   thanks
#7268 of 9251 locking in by nyccarguy Feb 26, 2007 (8:44 pm)
BMWFS lets you lock in your rate for 60 days.
#7269 of 9251 Re: Dealing with bay area BMW dealers [jim_beam] by jim_beam Feb 26, 2007 (10:16 pm)
Replying to: jim_beam (Feb 25, 2007 12:05 pm) roxy68 and blueguydotcom - thanks for the tip. You have been very helpful. I will check out the Sac option. Replies to this message: blueguydotcom (Feb 26, 2007 11:24 pm)
#7270 of 9251 Re: Dealing with bay area BMW dealers [jim_beam] by blueguydotcom Feb 26, 2007 (11:24 pm)
Replying to: jim_beam (Feb 26, 2007 10:16 pm) If the dealers in sac won't play ball, a flight to la or san diego is only $50-60. If we're talking a big difference in price, don't be shy about contacting socal dealers.
#7271 of 9251 335 lease question for kyfdx by mk0974a Feb 28, 2007 (5:51 pm)
Hi,   I've been an avid follower of this forum for quite sometime, but never thought I would actually be posting here. I am looking to lease a new 335 coupe. I finally managed to find one in NJ with a 6 speed manual transmission completely loaded. MSRP comes to $49,615. I currently have a GS 300 with about 73,000 miles on it which Im looking to trade in. I got offered $12,000 at carmax and I was thinking of going just trading it in at this dealer (for the same or higher amount) and using that money as a down payment on the lease. I've never leased before but have been told that is not a wise decision. I told the dealer that I would trade the car in and pay another 3,000 bringing it to a 15,000 down payment. He calculated a lease of 257 a month for 24 months and I just wanted to ask whether or not this sounds reasonable? I apologize if the question seems stupid, but I have never leased before and am looking to learn as much as I can from everyone here. Thanks to everyone in advance for the help!   MK Replies to this message: blueguydotcom (Feb 28, 2007 6:12 pm) kyfdx (Feb 28, 2007 8:40 pm)
#7272 of 9251 Re: 335 lease question for kyfdx [mk0974a] by blueguydotcom Feb 28, 2007 (6:12 pm)
Replying to: mk0974a (Feb 28, 2007 5:51 pm) Never put money down on a lease. Sell your GS but then put that money in the bank. eTrade's saving account pays 5%. If you put 12k into a lease and destroy the car in a wreck...you're out 12k. Lease with zero down (or bare minimum of security deposit) and you wreck the car you're out the security deposit.   I strongly suggest you visit www.leaseguide.com to learn about the ins and outs of leasing.   Beyond that, you always negotiate the sale price of a car - purchase or lease - always negotiate the sale price. The lower the negotiated price, the less you pay per month.   You should learn the MF for a 335i. This is negotiable too. Dealers can mark it up - so ask for that exact number. Feb rates on the 335i coupe =   24 mo/15k mi – Residual Value 68% of MSRP – .00175 Money Factor Buy Rate 36 mo/15k mi – Residual Value 58% of MSRP – .00175 Money Factor Buy Rate   That's a 4% rate.   Another thing to look into - multiple security deposits (MSDs). These will help you adjust the MF up to 0.00049 points.

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