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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
9235 messages, Last post on Oct 07, 2008 at 9:21 AM
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I got a pretty good deal (I think) at Momentum on HWY 59 in Houston, TX for a car that was already on the ship. Here are the details: Black Sapphire Metallic 335 Sedan Terra with Dark burl interior Premium package Auto Trans Sirius Satellite MSRP: $44,620 Invoice: $41, 695 including Maco ($400) and Training ($180) Selling Price/Cap Cost: $40, 995. Lease Details: Base MF + .00015 with $725 acquisition fees. I know I could have haggled a little bit more on the lease MF/acquisition fees, but decided to give in. Note that these are pre June 1 prices as the car was already produced. This deal was possible b'cos of the $1210 option credit for automatic transmission. I sent an email to all the dealers in Houston asking for a quote on a car with specific options. No one had the exact car I was looking for, but this was close. Advantage BMW in midtown also gave an offer of $500 over invoice (plus $1210 option credit) on any car in stock, but didn't have anything close to what I was looking for. The entire negotiation was done via emails (and took almost a week). My CA didn't even have my phone # until I went into place a deposit on the car. I also got a quote for $700 over dealer cost for an ordered car from Momentum. |
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| Houston dealers are dealing...then you know something's wrong with the economy. I've been reading on these boards for years about how difficult it is to get anything more than a $1200 or so off MSRP standard deal from Houston dealers given the fact that I think 3 out of 4 of the dealers are by the same owners! | |
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Can someone tell more about this options credit? -How much? -Is it from the factory? -Does it apply to BMW 3 series coupe? -Is it on top of the negotiated price with the dealers? -When does it expire? Thx!
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Replying to: vtn123 (Jun 16, 2008 5:22 pm) $1210 It is from factory to the Dealer It applies to all 3 series (including manual transmission) It is some thing that you use in your negotiation with the dealer. Remember, this is a factory to dealer incentive, the dealer may or may not pass it on to you. It applies to any car in stock or ordered by 6/30. For more details check the following thread. http://www.bimmerfest.com/forums/showthread.php?t=284240
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I agree that dealers are dealing now. Just ordered 2008 335i sedan in CT with: 6 speed manual metallic paint premium package sport package cold weather package navigation ipod adapter MSRP $48625 Got it for $44261 + tax, conveyance fee and new reg/plates which I felt was pretty good. Comes out to about $700 under invoice. Accounting for $1210 manufacturer to dealer insentive this leaves $500 profit in dealer's hands plus perhaps whatever they get for me financing thru BMW (by the way it is 3.9% for up to 60m, locked in as long as you order your car by June 30th) Relatively uncomplicated transaction done by e-mail and in person putting two nearest dealers head to head competing for my business. Hope this info helps everyone else looking for a new BMW
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Much thanks to dinnu, alexwalex1 for sharing their numbers. I wasn't aware of the $1200 dealer incentive from BMW. I don't think Edmunds has that information either. I've been offered $500 under invoice, now I know why. I still haven't bought it yet--just a little too much over-stressed on my budget 
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Replying to: alexwalex1 (Jun 19, 2008 10:30 am) |
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Hi I am in the market to buy my first BMW and my budget is around or below 30K. I was thinking about getting a certified car from BMW to save all the hassle afterward (bad exp with Audi). I checked with some dealers and I am able to find some cars in my price range. I am not able to decide should I go for 2006 330i or 2007 328i. This is what I am getting 2007 328i 15K mike => 29.5K + tax (prem) CPO 2006 330i 25k mile => 28K + tax (prem, xenon, prem sound) CPO Can somebody please suggest me if this is a good price? Which option should I prefer. Both cars are 100K/6 yr warranty. Thanks |
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Replying to: munu (Jun 20, 2008 5:42 pm)
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Replying to: abby9 (Jun 20, 2008 6:16 pm) Actually I was offered 30,500 for 328i but it was a list price and Sales guy told me that they can go down by 1000 if I am intested. Infact they have a really upgraded car with (prem, sports, hi-fi sound, xenon etc) and dealer was willing to give that for 32.5K (12K mile and certified). I am still not sure about 330i or 328i. Do you know which should be the better option.
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