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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10299 messages, Last post on Nov 29, 2009 at 10:06 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Purchased new 2008 BMW 335I PP,ZSP,Auto... Paid invoice according to edmunds.com and other sources plus $480 minus $1210 automatic rebate. The 2009 MY would cost $3105 more because of the increase in base price and sport package (ZSP), and the Logic 7 is now an option, and no rebate on the automatic. 
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Replying to: andrewkmm (Oct 18, 2008 11:57 am) You're better off going back to dealer and tell them you want the Maunufacturer lease deal for a '08 model car with 0 miles. $449*/month for 36 months based on MSRP of $44,100 $449 First months payment • $2,500 Down payment • $450 Security Deposit • $3,399 Cash due at signing |
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Replying to: kyfdx (Oct 18, 2008 5:51 am) I just noticed that the CPO 100k warranty is not bumper to bumper, nor is it anywhere near it! I didnt expect a complete coverage, but it seems the coverage is basically only if the engine fails (above 50k miles, I mean). It exlcudes almost all the electrical components, NAV, CD, etc. These are the most likely thingsto go out, according to my investigations! What to do? Any recommendations?
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Replying to: speedy19 (Oct 21, 2008 8:44 am) I guess it all depends on your risk tolerance. Personally, I would never own a 7-series.. and, I don't have access to your bank balance, so I'm not sure what to tell you... 
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After reading several dozen posts concerning prices quoted by dealers over the past several months, I am miffed that no dealer in the Chicago area appears prepared to reduce MSRP by anything more than 5.5% on 2008 335i models. For the 2009 models, the discount is no more than 5% (not too bad considering that these vehicles are just now arriving on dealer lots and will not soon be last year's model.) Invoice price is about 8% below MSRP on the 335i, yet any deal close to it (or below it) seems nothing more than a pipe dream. Every lengthy negotiation ends up being no more than 2.5% to 3% above invoice for the 2008 and 2009 models, respectively. I am running out of dealers to visit! What I am seeing is something like this on a $50,000 MSRP 2008 335i sedan: Selling Price = Invoice + MACO + Training Fee + $800 For a $51,500 MSRP 2009 335i sedan: Selling Price = Invoice + MACO + Training Fee + $1100 Perhaps the free upgrade to an automatic transmission deal earlier in the year resulted in people quoting deals effectively below invoice. I now find myself hesitating to purchase a new BMW because of what I read on this forum. I feel that I am not getting a great deal (except for the special financing, which was available for most of those who posted and claimed below invoice pricing.) Is it a bad time to buy now? Is it best to hold off for a few months? Any advice would certainly be appreciated.
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Replying to: bahn (Oct 21, 2008 7:50 pm) The pricing examples you give are historically low by BMW standards.. Especially for the '09s, which are just coming out.. Add in the 0.9% for the '08s, and that is also a pretty good deal. It happens every year... as the supply of the prior model year cars goes down, eventually they kill the incentives, or pay lump sums to the dealer. The deal might not be quite as good as August, but I doubt it will get any better.. (for the '08s). regards, kyfdx
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Appreciate any feedback on this lease NJ dealer 2008 Alpine White BMW 328i Prem, auto, heated seats and ipod adpater 36 months 10k miles MSRP $38,700 Invoice $36,355 Selling price (including any discounts from MFR or Dealer) $36,250 Residual $22,833 ( 59%) Money factor .00075 Breakdown of inception fees. $449 (1st mos payment inc. NJ tax) + $725 (bank fee) + $268.50 (motor vehicle) + $199 (doc fee) + $13.93 (upfront tax on doc fee) $449 month $1655.43 due at signing They would also willing to pay part of my last month lease on current BMW 328xi coupe which I leased from another dealer. Any info or comments appreciated.
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Replying to: maclicks (Oct 24, 2008 7:02 am) |
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Hi, 2008 BMW 328i w/ Steptronic, Power and Heated Seats MSRP $36345 Cap Cost $33874 Residual Value $21444 -- Rate .00075 -- 59% 36 months with 10K miles $386.78 + Tax and $1749 drive off (1st month payment+Security Deposit[$450]+Bank Fee[$695]+Tax Bank Fee[$62.55]+Tags[$120]) Is this a good deal? Please be advised. Thanks~ |
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