Last post on Dec 09, 2013 at 4:23 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW 3 Series, Sedan, Wagon
#9418 of 12237 Negotiated prices on new 3 series leases
Dec 11, 2008 (1:32 pm)
Hi. First time post, but have enjoyed the site as I get ready to negotiate on a new, leased 3-series when we turn the leased 328i (2004 w/ 2 years extd lease on orig 3 year term--we loved the car!) in this weekend. First of all, I'm quite surprised at the negotiated prices people are posting being so high/close MSRP in this environment?
BMW North America just purchased 15 acres to store all the vehicles that they can't sell and it's too expensive to hold in port. Don't buyers of big ticket items realize that the bargaining power is with the consumer right now?
With the sales environment as terrible as it has been, what has been the experience of others in getting the negotiated value down to move the car off the lot, particularly in SE states (GA, FL) where the economy is more than awful? I would think they'll do anything to create lot space.
Also, what are current residual rates and money factor rates on 3yr/36 mos leases?
#9419 of 12237 Re: Need Opinions on 09 335i Lease Quote [xman7]
by kyfdx@Edmunds HOST
Dec 11, 2008 (1:46 pm)
The "No Sales Tax" is a Texas thing..
It isn't restricted to BMW..
Also... lease questions belong in the 3-series Lease Questions forum...
#9420 of 12237 Re: Negotiated prices on new 3 series leases [romathwa]
by kyfdx@Edmunds HOST
Dec 11, 2008 (1:47 pm)
BMW North America just purchased 15 acres to store all the vehicles that they can't sell and it's too expensive to hold in port.
Do you have a link to that information?
#9421 of 12237 Re: Negotiated prices on new 3 series leases [kyfdx]
Dec 11, 2008 (2:09 pm)
I cannot find a link to the story but saw it on CNN either 2 or 3 weeks ago where they did a story in conjunction w/ Mercedes about looking for land to house all their cars. Mercedes looking in CA. BMW said to have bought either in NC or SC (where they have the manufacturing plant and Charleston is the largest port for BMW NA). I wouldn't expect BMW to put out a release saying that they'd bought the land as it would be a major red flag re: inventory.
#9422 of 12237 2009 335i with xDrive manual tranny
Dec 12, 2008 (3:10 am)
I just purchased a 09 335i with xDrive, 6sp manual.
Silver, premium + sports + navigation + cold weather + iPod + xm sat
500 over invoice
Pleasant buying experience at Wagner BMW in Shrewsbury, MA.
I might have gotten a better deal if I waited a couple of months, but my old car was dying, and they located a car at a nearby dealership with exactly all the options and color I was looking for (except the xm sat - total waste IMO). No regrets.
#9423 of 12237 Re: 528i vs 335i/ 08 [JH2009]
Dec 12, 2008 (11:03 am)
If you have a family to drive around the 528? You are talking about 5.3 vs. high 6s 0-60 times. Also if you are in a metro area with rough roads the 5 will give you a better ride. I have owned both models.
#9424 of 12237 Re: 2009 335i with xDrive manual tranny [sdboxer]
Dec 12, 2008 (11:05 am)
Where I bought my car. They do treat their customers well throughout the sales and service cycles.
#9425 of 12237 Re: 2009 335i with xDrive manual tranny [sdboxer]
Dec 12, 2008 (1:02 pm)
Did your dealer add Training (180), Advertising(250) and paint (500) to your invoice? I am assuming your invoice number does not include those and is the number you get from the edmunds calculation.
My dealer added those fees to his offer price. I don't see buyers on this forum are paying those. Am I right?
#9426 of 12237 Re: Need Opinions on 09 335i Lease Quote [ahdanna]
Dec 12, 2008 (1:56 pm)
Simply put, BMW will pay for the sales tax on your new vehicle lease for the month of December. I believe they set aside a fixed amount of money to do this discount, so if they run out of money before the month ends you not receive this discount.
To get invoice pricing, use www.edmunds.com or cars.msn.com and build your vehicle. It will list invoice and MSRP. You can calculate sales tax once you know the invoice price. Ichochochooseu
#9427 of 12237 Re: Need Opinions on 09 335i Lease Quote [ichochochooseu]
Dec 13, 2008 (1:32 pm)
Thanks! This is in Texas only though? I'm in NJ...