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BMW 3-Series Prices Paid and Buying Experience

10328 messages, Last post on Dec 09, 2009 at 7:44 AM
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mitris, Is it a CPO. If so, what a great deal!! What options? Just curious. |
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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? |
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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. | |
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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! |
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| I'm at $31,800 on a $36,070 car! Ball is in my court! | |
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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. |
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| Yes CPO, 330i premium package, heated seats, leather. I think that all of the other options are included in the PP...Harmon Kardon etc. | |
| 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! | |
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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. |
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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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