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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
What are each BMW security deposit? I heard 450 and 600. My dealer in FL said I can put up to 8 MSD  600 each. It will save me 42 a month off my payment. I also need to pay tax on the MSD upfront? What is it? Anyone know?
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Replying to: pepperjack (May 14, 2007 7:15 pm) Your absolutely should have had a full tank of gas -- and I am surprised at all the mis-steps that happened with your delivery..again it is not worth it to let it sour your experience..getting a brand new BMW is one of the nicer achievements in life and these mistakes made by your dealership should not take away from that feeling. Nonetheless there is a way to be nice and still get something that will make you feel better about this whole deal.. I am a Finance manager at a car dealership and this would be my worst nightmare if I were your salesperson...I tend to go overboard for mistakes like this to make them right because I know buyer's remorse can kick in and if you are not feeling right about things and cancel the deal there goes hell to pay at work..his first mistake was not over righting you the paperwork with it was prepared, proably on the 29th or 30th..you both could have both corrected any misunderstandings then..and having a tow truck driver disclose the lease contract was an even bigger mistake... now they have no cash able contract and you have the car, racking up miles..and no enforceable financial responsbilty whatsoever... yikes for them. the second thing it does not take 7 days to look over a dealer trade -- your salesman got lazy, knew he had a sure sale, and did not get the dealer trade for you the same day..he earned a very nice commission and was out spending the money instead of thinking of follow through. anyway this is all well and good..but the more I think about it, the more I think you would be within your rights to expect a reduced cap cost of 200 (and/or lowered aqq fee to 625) My best guess if that is the only thing they can do -- I really don't think they can re-date the contract -- that is one way to make up for the 160 plus another 40 for the balance of a fuel tank) and I think you should ask for road hazard tire insurance to be thrown in at no charge and then you can compromise with them if you like to share the cost... anyway I wish you lots of luck and sorry you are going thru this.. Donna
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Replying to: nizo53 (May 14, 2007 8:51 pm) 
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Hi: I think this is a pretty good deal but I'd like your opionions. 335i Sport/Auto/Metallic 36 months/10000 miles year MSRP 43125 Sale Price: 41430 M.F .00175 Due at signing: 2854.90 This includes: First Payment: 506.80 NJ Sales tax: 1329.64 Bank Fee: 625 Document Fee: 125 NJ 3 year registration: 268.50 payment is 506.80 If I do max multiple security deposits it goes down to $473.
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Replying to: kyfdx (May 14, 2007 7:45 am) How acurate is the invoice price listed on edmunds.com. When I checked, the 328i with powerseats, metallic paint and automatic was listed as $33,130, two dealers that I dealt with insist that their invoice price is $34, 210 , over 1k more, which leaves no room for negotiations I was also offered a 39 month lease now, which I don't know any of the calculations for again..would you know the residual and mf for that?
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I want to get some numbers for a 335i Coupe Im looking for Black with Black Leatherette, 6-speed manual and Sport package. This is for 12,000 a year. Im open to either 24 or 36 months depending on the best deal On Edmunds it states MSRP is $42,645 and Invoice is $39310 I have about $1000 equity in a trade and want to put down $1500 cash. I would love to be at under $500 for the payment plus tax. Is this possible, what residual and money factor is a good deal and whats an accurate price. I live in CA tax rate is 8.25%. Any help is greatly appreciated, plus can anyone recommend a good dealer in northern cali.
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Replying to: hugo5 (May 15, 2007 3:44 pm) I don't worry about the dealers' claim of invoice price. I do my research, and offer what seems to be on the lower end of achievable pricing.. The dealer's profit or loss on my deal is not my concern. I'm pretty sure they won't accept a deal that is not in their best interest, nor will I.
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Replying to: trusaleen1 (May 15, 2007 4:31 pm) 3yr/36K lease 60% Residual .00185 MF $42645 MSRP $39265 CAP cost to achieve $500/mo. payment Due at signing: 1st pymt ($542), Security deposit ($550), acq.fee ($625), title/license ($350) $2077 total... In addition to the $2077, you'll need enough of a CAP cost reduction (down payment) to make up the difference between the selling price and the proposed CAP cost of $39,265. If you assume a $1000 discount from MSRP, you'd need another $2380 to get down to that number.. or $4357 total due at signing... Get a bigger discount, then less needed upfront.. But, on a relatively low-optioned 335i coupe? Big discounts probably aren't there... With $2500 to work with, getting to $500/mo.+tax looks doubtful. regards, kyfdx
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Replying to: kyfdx (May 15, 2007 7:04 pm)
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Replying to: trusaleen1 (May 15, 2007 7:36 pm) |
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