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BMW 3-Series Prices Paid and Buying Experience

10328 messages,  Last post on Dec 09, 2009 at 7:44 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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#845 of 10328
RE: Chose a 2002 330i over a new 2003 by bluegray330
Nov 13, 2003 (11:45 am)
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mitris,
 
Is it a CPO. If so, what a great deal!! What options? Just curious.
#846 of 10328
Finally made my move by bluegray330
Nov 13, 2003 (11:56 am)
Reply
I was shopping for a new 2003 330i and hopefully to get it a little over $35K with auto, leather, premium package and xenon. But there are only few left in the SF bay area and I had no luck to find the color I want.
So I ends up bought a 2001 330i, silver/gray leather, premium package and heated seats. The car is very clean and seems to be a good condition, but it does have 50K miles on it. I paid $26.5K after checking the Edmunds' site and the certified used vehicle value of clean condition is in mid $29K (excellent is over $30K). Thought I got a descent deal, but compare to mitris', I guess it could be better. Did I pay too much?
#847 of 10328
lepps Re: LA Info by luvvmyhonda
Nov 13, 2003 (1:49 pm)
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The best deal I received was from Sterling BMW. They are in New Porche beach. :> The next better one was from Beverly Hills BMW. Both were super nice and friendly. I got their number off of their web site and asked for their Internet/web sales dept/person. I called over 10 dealers from Santa Barbara's Cutter to the one in San Diego. Overall, I had a positive experience. Good luck.
#848 of 10328
To sjmurray3 by luvvmyhonda
Nov 13, 2003 (1:55 pm)
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Did you get your car yet?
 
Perhaps you can try calling them directly and asking for their internet salesperson or dept if the email doesn't work out for you. I called directly and found it to be much more effective than waiting around for an email. (2 hours for the former vs. 3 days for the latter). Then again, I had a plethora of dealers to choose from in SoCal, while I am not sure how many you have in Virginia. Good Luck!
#849 of 10328
Reply to luvvmyhonda by sjmurray3
Nov 13, 2003 (7:56 pm)
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I'm at $31,800 on a $36,070 car! Ball is in my court!
#850 of 10328
New car purchase by brianbmw
Nov 13, 2003 (8:34 pm)
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I have been offered a 2003 325i with PP,
leather, AUTO, Xenon, and HK sound system for invoice ($32,390). Reading through these chat rooms and looking at TMV on Edmunds, seems like I could do better. My only hangup is that I currently lease a 2001 325i (one lease payment left). They are saying that they will allow me to turn in the car early and pick up the last payment -- so I guess that is good for me but good for them as well since the residual value is $20K and the dealers retail value of the car will be at least $22K. Any chance I should hold out for a better deal? Also, what is everyones opinion on the "money factor"? I called BMW Financial Services and they said that the mail out base money factors to the dealers depending on where they are located. The dealers can mark up these rates to make more profit on a deal. When I ask my dealer for the money factor, they heemed and hawed and finally came back at .0025 which equates to about 6% which seems high. Can I counter with a different money factor?
 
Thanks for any insights.
#851 of 10328
Bluegray 330 by mitris
Nov 14, 2003 (10:35 am)
Reply
Yes CPO, 330i premium package, heated seats, leather. I think that all of the other options are included in the PP...Harmon Kardon etc.
#852 of 10328
The 2003 325s are drying up! by sjmurray3
Nov 15, 2003 (8:06 am)
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My local dealer is down to (4) 2003 325s, all silver! I rebid at $1,500 under invoice at another dealer about 100 miles away and awaiting a response. Not looking good! The person who got $2,000 off invoice did extremely well IMO! It's been difficult to go over $1,000 below invoice in my area. Bummer!
#853 of 10328
supply and demad by eve123
Nov 15, 2003 (7:40 pm)
Reply
sjmurray3
My advice: go inperson ready to make a deal. If there is a silver car with the options you want, ask to see the invoice, deduct the $2,000 incentive (before it's over), tell the dealer you are willing to give him a $500 profit and ask him to include the floor mats, which are $120 ($100 net) and you end up payin $1600 below invoice. That's what I did, and I also got the exhaust covers included, which were another $50 or so. Mind you, my dealer only had 4 2003's left as well, but it was the end of the month and I told him that another large dealer in the area was ready to deal at $500 over cost. I don't know how many dealers you have in your area, but I believe that if you come in ready to make a deal, they might be more receptive than making offers online.
#854 of 10328
EVE 123 by sjmurray3
Nov 16, 2003 (9:27 am)
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Good advise, but my local options have dried up because the options I wanted are not there any longer. I may need to go about 100 miles and I'll have to wait 'till Saturday now. I may take an afternoon off from work, but I'm in charge this week, so it's difficult. I agree, money on the table is better than Internet electrons! Hopefully my car will still be there Saturday! BTW, what are exhaust covers? Scott

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