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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

What is this discussion about? BMW 3 Series, Sedan, Wagon


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#9280 of 10297
Re: What happened to the good deals?? [liche90] by kyfdx HOST
Oct 25, 2008 (12:32 pm)
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Replying to: liche90 (Oct 25, 2008 10:54 am)

It's a letter in the VIN that's different... Unfortunately, I can't remember which it is.. (and, I used to have a S.A. sourced 325i.. )
#9281 of 10297
Automatic on 2008 335I decreases dealer invoice by $1210 by sammybmw
Oct 25, 2008 (9:39 pm)
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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.
#9282 of 10297
Re: What happened to the good deals?? [kyfdx] by bahn
Oct 26, 2008 (4:13 am)
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Replying to: kyfdx (Oct 25, 2008 12:32 pm)

That's correct.
 
Look at the 7th letter from the end of the VIN...
 
If A, F, G or K, then the vehicle was assembled in Munich, Germany.
If B, C or D, then it was assembled in Dingolfing, Germany.
If P, E or J, then Regensburg, Germany.
If L, then Spartanburg, South Carolina
If N, then Rosslyn, South Africa
 
The window sticker should state the final assembly point. I also notice that on some cars, there may be a sticker at the end of the front passenger door that mentions the same information.
#9283 of 10297
Re: Automatic on 2008 335I decreases dealer invoice by $1210 [sammybmw] by bahn
Oct 26, 2008 (5:13 am)
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Replying to: sammybmw (Oct 25, 2008 9:39 pm)

Read your original post a few days ago before purchasing my 335i...
 
You definitely got a terrific deal.
 
No deals like that around my area after visiting many dealerships, except on 2008 demos.
 
One question, when did you purchase your 2008 335i for that kind of price?
 
I ask because the automatic transmission incentive supposedly ended on June 30th and there no longer seems to be mention of it on BMW's website. Several of the dealers I visited stated the offer was available earlier in the year.
#9284 of 10297
Re: Automatic on 2008 335I decreases dealer invoice by $1210 [bahn] by liche90
Oct 26, 2008 (12:44 pm)
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Replying to: bahn (Oct 26, 2008 5:13 am)

well, the way that the economy is going, they are probably going to offer some more incentives in the up coming months.
#9285 of 10297
Re: Automatic on 2008 335I decreases dealer invoice by $1210 [liche90] by sammybmw
Oct 26, 2008 (4:51 pm)
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Replying to: liche90 (Oct 26, 2008 12:44 pm)

Honestly, I wouldn't be surprised. BMW is getting away from the lease business where they leased their cars like banks did with mortgages. Now they ended up with a glut of cars which are worth far less than they took in lease payments. So to get away from this subprime market, they will have to offer rebates and low financing like the rest. They also plan to build and distribute less cars than before so they don't have to push cars out the door and suffer big losses on a car. I wish them luck. I bought my last BMW in 1994 and this is my second in 2008 so I'm not the kind of customer that keeps the money flowing to them,
#9286 of 10297
Re: Automatic on 2008 335I decreases dealer invoice by $1210 [sammybmw] by drtravel
Oct 27, 2008 (9:10 am)
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Replying to: sammybmw (Oct 26, 2008 4:51 pm)

Honestly, I wouldn't be surprised. BMW is getting away from the lease business
 
For years BMW has been subvented their leases with artificial high residuals and much lower than market interest rates (i.e. the money factor). A majority of BMWs were leases so I also thought they were in the car rental rather than car sales business. While BMW couldn't compete based on price but by playing around with lease numbers, they could definitely compete on the monthly lease payment as other auto manufacturers choose their residuals and money factors based more on reality.
 
This finally caught up with BMW so now their residuals and money factors are just like everybody elses. Of course their monthly lease payments have gone up big time although they now seem to advertise low lease payments requiring a huge down payment. Many are now finding that BMW residuals are often lower than their competitors - a dose of reality for those who thought their cars had higher resale values than the competition.
#9287 of 10297
Is this a good deal by jpcerni
Oct 27, 2008 (9:12 am)
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2008 328i
 
MSRP 39,800
Invoice: 35,740
Buying it for: 35,900
Residual: 58%
 
Lease Terms: 435 a month plus tax (466 tax included), 12k, 36 months
 
0 down, 2600 out of pocket. First Month, tag, title, registration, dealer fee (bs) and bank fee (825) it seems all of the south florida dealers charge the bank fee, and a security deposit (first time BMW owner).
 
money factor: .0017
 
Should I do it?
#9288 of 10297
Re: Is this a good deal [jpcerni] by liche90
Oct 27, 2008 (11:28 am)
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Replying to: jpcerni (Oct 27, 2008 9:12 am)

Its not too bad of a deal. maybe you can get like the dealer to pay for the "dealer fee"
#9289 of 10297
Re: Automatic on 2008 335I decreases dealer invoice by $1210 [drtravel] by jayrider
Oct 28, 2008 (6:07 am)
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Replying to: drtravel (Oct 27, 2008 9:10 am)

Your observation is dead on. The next question is how long before the prices drop big time on the glut of late model returns and trade-ins that sit on the lot. The asking prices at dealerships do not reflect any concession to the economy or the oversupply of these cars. Who would spend 35-40k for a two-three year old 3 series? How long before they adjust their expectations?

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