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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
9385 messages, Last post on Dec 03, 2008 at 6:55 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: smayence (Sep 05, 2008 3:05 pm) http://www.bimmerfest.com/wiki/index.php/ED_Order You should never pay the ED listed price from BMW's site. |
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Replying to: smayence (Sep 05, 2008 3:05 pm) There is a an ED wholesale price list on bimmerfest.com for 08s anyways. Net net pricing guideline is you can get the price down 11% from U.S. MSRP although you need to get the actual pricing info for the model and option you are buying and load into a spreadsheet. Check my post on how to get the pricing sheets: http://townhall-talk.edmunds.com/direct/view/.ef0f82e/1395!keywords=allin%3Amsgt- ext%20limit%3A.f0a3035%20wholesale%20pricing%20manybmws#1395 |
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So after much bantering with Hendrick BMW of Charlotte, I want's able to get a solid deal on an 2008 model. For those in the Charlotte market, if you are looking for a deal on BMW, I would recommend going to other dealerships that within reasonable driving distance, since my experience in Charlotte was less than stellar. With that said, I was able to work out the following deal with BMW South in Atlanta: 2008 335i Sedan Manual Transmission Silver metallic paint / black interior Premium Package Sports Package iDrive Comfort access Satellite iPod USB Split rear seats Park distance control MSRP: $49,345 Selling Price: $45,985 Acquisition Fee: $725 Cap Cost: $47,309 (includes acquisition and $599 roadside hazard) Residual: 56% (3 years / 15K a year) Money Factor: .0014 Tax: 3% Monthly payment: $671 / month Upfront: $1590 (first month's payment, $149 documentation fee, $3 lemon law, $700 security deposit, $65 registration fee) I personally think this is a great deal, but would welcome other people's opinions. Happy shopping everyone |
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Replying to: usctrojan99 (Sep 03, 2008 10:19 pm) |
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I just purchased a 2008 328xi and want to make sure that I got a good deal. The MSRP is 45,100. Thr selling price is $42,100. I am only paying up front costs, Security deposit $600, Bank Fee $625, tax and tags $150, 1st month. They are also paying my disposition fee of $350 for my Audi. I was quoted a 12K mile/36 month lease a total of $595 per month including tax. The car is fully loaded and less expensive to lease than the 2009 Audi A4. Thanks, |
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I thought this lease deal was pretty good (New Century, Alhambra, CA) 328i Navi Steptronic Premium Pkg MSRP: 40300 Invoice: 37690 Selling price: 36690 (-3610 off MSRP, -1000 off invoice) 15K  36 mos (56% residual) MF = 0.00091 (w/ 4000 sec deposit) Monthly payment inc. tax = 483 Drive off = 5731 includes: License fee: 303 Bank fee: 898 First month Security deposit = 4000 Lease would've been 0 security deposit with 524/mo, and total lease payments would've been 20K and some change With 4000 security deposit and 483/mo, total lease payments ~18600. --experience-- Salesperson saved me $1400 because I didn't know about MSDs. First dealership I went to didn't even bother telling me about MSDs Also, salesperson had his lease calc on his computer in front of me the whole time, and did a 'print screen' when we were done. Took the time to go over lease calculations until I figured out how to do it right. All this, and didn't ask any questions initially but went below invoice without having to haggle to get there.
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Replying to: kaizenfury7 (Sep 07, 2008 7:45 pm)
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Replying to: gatorsf (Sep 08, 2008 2:39 am) " Most leases will require you to pay a security deposit at inception. If a MSD program is available, you pay more than one security deposit. Each additional security deposit will lower your interest rate by a certain amount. That lower interest rate will result in a lower monthly payment. You can calculate an implied rate of return by comparing the monthly savings against the initial "capital outlay" (the additional security deposits). For example, if you pay 6 security deposits at $600 each ($3600 capital outlay), and your new monthly payment is lower by $30 per month compared to your original payment without the 6 MSD, your yearly savings is $360. Applied against the initial capital outlay of $3600, your implied rate of return based on the yearly savings of $360 is 10% - TAX FREE and GUARENTEED. At the end of the lease, you get your $3600 back. Different manufacturers may have different programs. Some will not have such a program."
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Replying to: blueguydotcom (Sep 08, 2008 7:25 am) |
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could someone comment if this is a good lease deal on a 328i automatic? MSRP 35,400 (basic 328i model) Dealer price 32400 Residual 0.59 Money factor 0.014 Downpayment 1498 (including 1st month payment) 10,000 miles/year Monthly payment $ 417+ taxes Is this a good deal? thanks! |
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