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Prices Paid: Buying & Leasing Experiences BMW 3-Series Prices Paid and Buying Experience
10297 messages, Last post on Nov 26, 2009 at 11:28 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: kyfdx (Oct 22, 2008 3:17 am) I purchased a new 2008 BMW 335i, with many options and 14 miles on the odometer, at invoice price with 0.9% financing. What the dealer called invoice price already included MACO and Training Fees. So the car was sold to me 7.1% below MSRP plus sales tax. They originally wanted to sell me one assembled in South Africa, but I wanted a 335i assembled in Munich, Germany. Many will say there are no differences in quality between the two assembly plants, which is probably true, but I did not want to take a chance on it. I owned two VWs, each assembled in Brazil and Germany, and experienced significant problems with the one assembled in Brazil. Perhaps I was unlucky, perhaps there is more to it than that. Well, here is the deal I received: 2008 BMW 335i MSRP: $49,550 (including destination charge) True Invoice Price: $45,586 MACO + Training Fees: $454 Out-the-Door Price: $46,040 (plus sales tax) Black Sapphire Metallic Premium Package Sport Package Dakota Leather STEPTRONIC Auto Trans Heated Front Seats Navigation System If it wasn't for this forum, I would have certainly paid more. Thanks to all those that posted their sale details, as it allowed me to do my homework before approaching the dealerships.
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Replying to: bahn (Oct 25, 2008 5:53 am)
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Replying to: liche90 (Oct 25, 2008 10:54 am)  )
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Purchased new 2008 BMW 335I PP,ZSP,Auto, Heated Seats, Satellite, USB... paid invoice according to edmunds.com and other sources plus $480 --- MINUS $1210 automatic rebate ---. Even BMW's web site mentions to ask about the free automatic. You can debate the $480 MACO and Training Fee but I paid less than invoice. Plus the .9% Financing Rate. I'm very happy with the deal. 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. I keep my BMW's for a long time, still have a 94 325 so I care less that the 2008 is a year old.
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