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Prices Paid: Buying & Leasing Experiences 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
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Replying to: kyfdx (May 13, 2007 7:50 pm) |
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Replying to: kyfdx (May 13, 2007 7:50 pm) BMW 328i with heated seats/metallic (0.0014 MF - 64% residual) value $32,470 (sales price) - $34,150 (edmunds MSRP)- $31,470(edmunds invoice price) $21856(residual) $10614(depriciation) - 294.83 month + 76.05MF = 370.88/month total $927.22 (tax on depr. and aquisition fee  8.25) +370.88 (first month) +625.00 (bank/aquistion fee) =1923.10 (out of pocket) + DMV Now this is something I could afford..
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Replying to: hugo5 (May 14, 2007 4:32 am) You can't get around it... it goes to BMWFS. I think New York taxes the total payments, not just the depreciation... that's why your calculation differs from the dealer. If I'm wrong and you are right, then make sure your dealer calculates it correctly. Otherwise, your numbers appear to be correct. If you can get the dealer to sell for that price. Your dealer does seem to be quoting reasonable deals, overall. regards, kyfdx
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Replying to: kyfdx (May 14, 2007 5:27 am) Man, every time I think I got it, there is something else. I have been reading nothing but information about leasing cars. My wife thinks I am going crazy...I wake up in the morning, calculating leases ; ) Thanks for all your input. I am going to the dealer within the next week, and I wanna be totally prepared and able to check and do all calculations.
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Replying to: hugo5 (May 14, 2007 6:21 am) 
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Replying to: kyfdx (May 14, 2007 7:45 am) For the same car, he says he would go down to 33 and change, $2300 down and $409 a month. He says he doesn't know how I get to what I quoted him, but also doesn't wanna look at it. He says he does it by BMW calculations and has no time to go over mine. I did the calculations again, this time based on $33 000 cap cost for a $34 645 msrp, and still came out way below him. Am I doing something wrong? I don't get it: It's based on a 328i in Saphire black metallic/automatic transm. with power seats, based on $33 000 cap cost. $34,645 msrp ( $31,920 invoice price) $33 000 sales price $22 172.8 residual $10827.2 depr.= 300.76 + 77.24(MF) = $378.00/month total payment $1192.01 (8.375% tax on total monthly payments + $625 acquisition fee) +$625.00 bank fee/acquisition +$378 (first month) =$2195.01 (total out of pocket, not including DMV)
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Replying to: dhanley (May 12, 2007 10:13 am) |
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Replying to: pepperjack (May 12, 2007 8:32 am) Second, the BMW was delivered with only a 1/4 tank of gas. Is that normal? Third, apparently tire/wheel insurance is availbe. For my 36 mo lease of a 2007 328i w/ sports package, the insurance costs $519.00. The brochure I was given indicates the total costs resulting from a flat can be up to $775.00. Further, I have read on other forums specifically devoted to problems with the Bridgestone run-flats on BMWs that these costs are pretty accurate. I need help making this decision - I am tempted to get the insurance. Any thoughts? Fourth, during the negotiating process, the dealer faxed me a copy of the lease on 27 April 2007. We made a few adjustments, and he faxed me another one that same day. All of the numbers on the lease were fine, except that the lease start date was listed on there as 27 April 2007, with my payments to be due on the 27th of each month thereafter. I told the dealer that the date would have to be adjusted to reflect the actual date of delivery. I thought he agreed. In any event, when the BMW was delivered to me on 12 May 2007, the lease that came with it had a start date of 30 April 2007, with payments to be due on the 30th of each month thereafter. I told the delivery guy I needed to talk to the salesman, and so I called the dealership. No dealers were going to be available for 1/2 hour. The delivery guy was in a big hurry and could not wait. My salesman was on vacation - which I knew already - and so I called his mobile phone and left a message about the situation. The delivery guy represented to me that we could alter the contract, and so we changed all the 30ths to 12ths, both of us initialing each change. This morning I received a call from my salesman - he told me that the alterations made on the lease made it void, and that we had agreed that the 30th of April was the day the lease would start b/c the lease rates changed in May and the only way to keep the deal I had was by submitting the lease to BMW Financial on the last day of April: and that BMW FS required us to use that exact lease - dates and all. I informed him that the lease factors for May were the same as in April, so this really should not be a problem. To this, he replied he would need to check his books - that I may be right, and he did not really know. So then he said that the 12 days really didn't affect me b/c, at the end of my lease, BMW would offer me incentives like an early buy-back, and offer to pay the last 2 months of my lease to encourage me to lease another BMW. I informed him that I looked forward to that, but that the last 2 months of my lease should begin 34 months after I actually received the BMW, as opposed to 34 months from 30 April 2007. Next he said that, in any event, this would cause problems with his dealership's internal record-keeping - that b/c BMW FS offers certain incentives to dealers, that the $160 difference I was making an issue of (e.g., my monthly lease payment is approx. $420, and 12/31 of 420 is about 160) may actually cost the salesman $500 or $600. The end result is that he is Fedexing me a lease, due to arrive tomorrow morning for my execution and return. I hope it says the 12th.
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Hello, I'm looking to purchase a 335i new. I'm on here wondering what if any I can negotiate with a dealer a price off of MSRP. I was told if I order that I can only get it for MSRP. Is that correct? What type of discounts can I count on? Thanks Jeff. |
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Replying to: pepperjack (May 14, 2007 4:32 pm) Your delivery person made a huge mistake by allowing you to cross out anything and initialing anything -- you just voided the contract and your BMW dealership does not have a cash able contract any more..it puts you in a power position, now it's a matter of how nice you want to be about the whole thing. If it was me, because I know mistakes can be made I would ask them what they can do to make your experience better, that you're a reasonable person and you don't want anyone to lose out on bonuses, but the terms were unclear to you that they were dating the contract on the 30th..make them give you that road hazard insurance at cost.. I am guessing it has a cost of about 85-150 It is only a guess because of the RFT it may or may not be a little more or less in either direction)..call things even if they do.. it's a win-win for you both..as far as the 1/4 gas tank, you should have a full tank on delivery of a new car, but sounds like the car was driven to you with a full tank of gas and you got the remainder.. don't know if you were expecting a flat bed delivery for your 150 delivery surcharge but if you weren't, then I guess that is not as bad a faux pas on their part.. anyway I am all for salespeople making money but it should not cost you any more money than agreed upon and grief in the process.. just negoaite something that is fair to all concerned and I am sure you will be happy with your BMW.. Good luck. Donna PS: I betcha most likely what will happen is that your new contract that you receive via Fed Ex tomorrow will still be dated April 30th, and they will have adjusted and reduced the cap cost by the 160-200, It still would not hurt to be a good sport about the whole thing and have them throw in the road hazard insurance at cost. Believe me, they do not want the car back.. I can promise you quite a few people are in trouble back at the dealership and your good will about this would go a very long way..
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