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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
9162 messages, Last post on Sep 04, 2008 at 5:18 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: pdude1 (Mar 19, 2008 12:42 am) |
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Here's a response I received from a dealer I'm working with. First let me say the internet sales person I was working with quickly handed this one off when I started asking very detailed and pointed questions (thanks to you guys)... "stvroy", Based on a $46,000 328cv Money factor with 7 extra deposits- .00236 The .00245 rate you have is the invoice price from BMW and not available to the public. 7 multiple deposits- $5800 With 6932.84 due (deposits and 1st payment and fees) payment is $682.80. Of course at the end of the lease you would receive $5600 back. Please let me know if you have any other questions. Looking forward to wrapping this up for you. ************************************* My response..... "Mr. Dealer"- Thanks for the information. I understand the .00245 is from BMW, but multiple sources I've found on my research say this rate is available. As your saying it's not, the 1.32% bump on the rate seems a bit high. So is the best deal on the spread? If it helps, I have a 792 FICO Score. I do lke the MSD option, but why is the secuity deposit $800 each? I thought it was in $50 increments based on the payment. If I put cash down to lower the payment, wouldn't the security deposit go down as well? I do like this model as I'm buying down the rate. I saw you based your numbers of a $46,000 328. As your coming into the deal now, here's what I'm interested in specifically as this number effects the residual and purchase price, and ultimately the payment. 328i CONV Alpine White/Creme Interior *6-speed STEPTRONIC Auto *Cold Weather Package *Comfort Access MSRP - $46,500 Invoice - $42,870 What would I expect in terms of price when ordering the vehicle? I know the going rate on the coupe and sedan is $500 or so over invoice from a lot of people on the BMW forums. I know the numbers you provided were just on a generic $46K 328 selling at MSRP, but I would be interested in learning the specifics of the vehicle if I were to order. ****************************************** So, what should I feel comfortable is a fair price. I'm thinking $44k on the purchase price and the bye rate of .00245. Is this realistic? |
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Here's a proposal I just finished: Lease Proposal 2008/2009 BMW 335i Base MSRP $38,900* Invoice $35,790** Alpine White Black Leatherette Brushed Aluminum Cold Weather Package Sport Package Comfort Access System Destination & Handling Total MSRP as Built $42,875* Invoice $39,475** Proposal Sale Price = Invoice + $750 Base Cap Cost = $40,225 Acquisition Fee = $625 Down Payment = $2000 Net Cap Cost = $38,850 Residual (64%) = $27,440*** Money Factor = .0021 Term = 36 Months Miles / Year = 10,000 Monthly Lease Payment = $464.60**** *According To BMWUSA.COM **According To EDMUNDS.COM *** Residual Calculated - MSRP $42,875 x .64 = $27,440 **** Monthly Lease Payment Calculated [Base Cap Cost $40,225 + Acquisition Fee $625 - Down Payment $2000 = Net Cap Cost $38,850 - Residual $27,440 = $11,410 / 36 = $316.94 (Depreciation) MSRP $42,875 + Residual $27,440 = $70,315 x Money Factor .00210 = 147.66 (Lease Charge) Depreciation $11,410 + 36 Month Lease Charge $5,315.76 = $16,725.76 / 36 = Monthly Lease Payment $464.60]
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Hi, I am in the market to buy a 2008 328i 4 door sedan. I've received a quote for 42,000 (+ tax, etc) for the following options: metallic black paint, premium package, sports package, NAV, auto tran, Xenon headlights, comfort access, heated front seats, ipod adapter & usb, 417 window shades, metallic black paint Is this a good deal? - Sa
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Replying to: sdso (Mar 20, 2008 11:46 am) What is the MSRP? 
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Replying to: kyfdx (Mar 20, 2008 11:48 am) MSRP is 44,175. Invoice is 40,645. Edmunds lists TMV pricing as 42,575. How close to invoice should I expect ?
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Replying to: sdso (Mar 20, 2008 2:25 pm) ...why do you need heated seats in So Cal...
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Replying to: euroaddict78 (Mar 19, 2008 11:47 pm) Putting a down payment on a lease is not recommended. If you were to total your leased vehicle as soon as you drove off the lot, you would lose your entire down payment.. |
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I want a 328ix with manual transmission, and apparently there are very few in this part of the country (I'm in Colorado). I also don't want any options beyond an upgraded sound system, and the cars on the lots, besides being almost all automatics, are usually loaded up with a bunch of stuff I have no interest in paying for. So I'm going to order a car for delivery in about ten weeks. Question: Given that the dealer that will sell me the car isn't incurring any of the normal costs involved in keeping a car on the lot until it sells, should I be able to expect to drive a hard bargain, like say $500 over invoice? There are four dealers within reasonable driving range, so shouldn't I just find which one will do a deal which as far as I can tell is pure profit to them, outside of the employee cost of filling out a little paperwork? |
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328XI Premium Package Automatic Nav. Cold Weather Package. On Edmunds it comes out to $40,968. One guy gave a quote of 42,676 for which i said bye The other dealer stated a quote of 40,652 Any input for you guys about the price. Thankyou, |
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