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BMW 3-Series Prices Paid and Buying Experience

10320 messages,  Last post on Dec 07, 2009 at 12:38 PM

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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#9083 of 10320
Credit Required for 0.9% Financing? by thechoson
Aug 13, 2008 (2:44 pm)
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Hi all.
 
I am considering getting a 328i fairly soon to take advantage of the 0.9% financing. For those who have taken advantage of that financing, how stellar does your credit have to be?
 
My credit is above average but not excellent (high 600s, low 700s depending on agency), and my wife is likewise in the low 700s.
 
Would this generally be enough to qualify?
 
Thanks
#9084 of 10320
Re: BMW 328i, Metallic Paint, Auto, Houston Area [4runnerguy1] by bragosa
Aug 13, 2008 (3:09 pm)
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Replying to: 4runnerguy1 (Aug 13, 2008 7:46 am)

4runnerguy1,
which Houston dealer?
#9085 of 10320
Re: Credit Required for 0.9% Financing? [thechoson] by soupcon
Aug 13, 2008 (4:22 pm)
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Replying to: thechoson (Aug 13, 2008 2:44 pm)

they told me at crevier bmw that it is essentially pass/fail when it comes to these special rates and threw out a number of 680.... Fwiw.
#9086 of 10320
2008 328xi by sumitace
Aug 14, 2008 (5:22 am)
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Does this sound like a good deal in NJ?
 
328xi, Premium, Cold Weather, Automatic, Navigation, Xenon.
 
41k + Taxes, Title, etc.
#9087 of 10320
Re: 2008 328xi [sumitace] by hchen45
Aug 14, 2008 (5:36 am)
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Replying to: sumitace (Aug 14, 2008 5:22 am)

I don't think so.
#9088 of 10320
Re: BMW 328i, Metallic Paint, Auto, Houston Area [bragosa] by 4runnerguy1
Aug 14, 2008 (5:47 am)
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Replying to: bragosa (Aug 13, 2008 3:09 pm)

Its Momentum BMW on US-59 but my deal is not finalized yet. Will keep you guys updated .. Thanks ...
#9089 of 10320
Re: 2008 328xi [hchen45] by sumitace
Aug 14, 2008 (5:57 am)
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Replying to: hchen45 (Aug 14, 2008 5:36 am)

Hey hchen45, any particular reason why?
#9090 of 10320
Re: How to buy the perfect BMW 335i at the right price! [purchasingsoon] by amirv
Aug 14, 2008 (8:55 am)
Reply

Replying to: purchasingsoon (Aug 13, 2008 10:31 am)

"
cool good post, thanks for the great info! just one question, can you clarify the dealer_profit? what should that be typically? thanks.
"
 
I'm happy you liked the post. As for your question:
 
Purchase price formula for a 335i:
invoice_price + maco (400) + training (180) - automatic_option_credit (1260) + dealer_profit.
(MACO is region dependent. This was from Fremont BMW)
 
The dealer_profit part of this formula I think depends on the car and the dealer. I remember somewhere reading that it is between $300-1k. But I think it might depend on the car. Some cars seem to be much higher in demand then others. I think for a 335i sedan in August 08 you should easily be able to do $500 or less dealer profit. Tthis might be because I was looking at fairly fully loaded cars... not sure if car options play into dealer profit.
 
I would search through the edmunds forums. I would also try searching bimmerfest (I tried a little bit... but I couldn't find the post I was looking for).
In google type: "site:bimmerfest.com dealer profit"
You may want post at bimmerfest's ask a dealer forum - I would post for the exact car type and options you want to know the dealer profit for. Sometimes they give quite valuable answers:
http://www.bimmerfest.com/forums/forumdisplay.php?f=20
#9091 of 10320
335 coupe by jdcar1
Aug 14, 2008 (4:16 pm)
Reply
Just leased a 335 coupe..auto...fully loaded. MSRP $51,500. Got $4500+ off sticker. Leased for 36 mths, 15k miles a year, 54% residual, .0017 money factor. Think its a pretty good deal. Shopped it at couple other dealers and no one could come close to the $4,500 off MSRP.
#9092 of 10320
Re: 335 coupe [jdcar1] by rob34
Aug 15, 2008 (3:29 pm)
Reply

Replying to: jdcar1 (Aug 14, 2008 4:16 pm)

What is your monthly payment including tax? What did you put down?

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