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BMW 3-Series Prices Paid and Buying Experience

10297 messages,  Last post on Nov 26, 2009 at 11:28 AM

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

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#9473 of 10297 Re: 2008 328 Lease and Trade In [bribor] by blueguydotcom Jan 01, 2009 (10:36 pm)
Replying to: bribor (Jan 01, 2009 5:35 pm) If you are negative on your current car and owe over 10k on a 2003, you probably shouldn't be getting a new car.   If you're set on a new car, the dealer is lying about the money factor. On 2008s it's a .00075. They're marking it up.   Also, never trade-in a car, but especially don't do it if you're getting negative equity. The dealer is suckering you.   The residual is 56% on 15k, 58% on 12k and 59% on 10k.   The price on the 328 is pretty good but don't give them your car and go 3k extra in the hole. That's a bad financial decision. Replies to this message: bribor (Jan 02, 2009 11:52 am)
#9474 of 10297 Re: Lease - Signed on Dec 31 [randyjstark] by blueguydotcom Jan 01, 2009 (10:41 pm)
Replying to: randyjstark (Jan 01, 2009 10:33 pm) Looks like a solid deal. ED is a blast - I did it in 2006.   I would stick with the MSDs. The ROI is so good that you simply won't find anything else that will save you that much money over the next 3 years.
#9475 of 10297 Re: 2008 328 Lease and Trade In [blueguydotcom] by bribor Jan 02, 2009 (11:52 am)
Replying to: blueguydotcom (Jan 01, 2009 10:36 pm) Thanks for your reply. Yes, should never had purchased the car at end of lease. Values have dropped a lot. Problem is that now it seems like everything is breaking down on the car (even though only 56K miles) and it cost, out of warranty, almost $1,000 last year in maintenance/repairs.   Thanks for the advice on the money factor. It had been .00075 earlier and then they said it was raised to .00090 since no security deposit (although I am a previous owner and have never paid a security deposit that I can remember).   I may try to sell the car on the own and see what I can get for it. Do you think they have enough wiggle room to give me more on the trade (KBB wholesale rate is $10,200).   Thanks.
#9476 of 10297 Re: '09 BMW 328i sedan quote [calvindawhite] by goldendragon18 Jan 02, 2009 (12:25 pm)
Replying to: calvindawhite (Jan 01, 2009 1:46 am) yea 39k is around invoice but with this economy i would haggle more about the price. haha maybe 36k if youre good at arguing and stubborn. i think that paying around invoice with the desperation in the dealers is stupid. even if it is an 09, bmw did not expect the drop in sales. it would be a good time to get a better deal
#9477 of 10297 Re: Lease - Signed on Dec 31 [randyjstark] by skobola Jan 02, 2009 (3:22 pm)
Replying to: randyjstark (Jan 01, 2009 10:33 pm) I believe that you did pretty good, however, I hope that you know that ED cars' leases start 1 month before the delivery, as ED requires that the car be confirmed by purchasing it 1 month before, which also applies to leases. Provided that the current MF is pretty low, i.e., 3.6%, which you have reduced to 2.42%, it would be smart to finance the acquisition fee, as well as any other portion of out-of-pocket cash, and thus reduce the out-of-pocket cash at delivery. However, note that this will likely put you over $400, which will automatically increase your security deposit to $450 x 8 = $3,600 instead of being $3,200, which will not make it as sweet as before. What I would do is let them calculate to reduce your out-of-pocket cash at delivery for the amount to bring your payment to be exactly $400 per month, and keep that cash instead paying it at delivery. Replies to this message: kyfdx (Jan 03, 2009 2:56 pm) randyjstark (Jan 05, 2009 11:39 am)
#9478 of 10297 Re: Need advice on '08 328i purchase [airguard2] by wikibuyer Jan 02, 2009 (5:52 pm)
Replying to: airguard2 (Dec 29, 2008 10:20 am) roland is a good guy. he's a fleet/internet manager.
#9479 of 10297 09 328i coupe by wikibuyer Jan 02, 2009 (6:16 pm)
for your reference, i just helped my friend buy a 328i coupe in LA last week on 12/28. automatic transmission, sports package, BMW Assist with Bluetooth and iPod adapter in Jet Black exterior and black interior leatherette. MSRP = $41,105. Purchase price = $39,000. invoice was $38,500. we got that price in calabasas. he also posted his deal on wikibuyer.org.   unfortunately, we couldn't find any 08 coupes left in the configuration he wanted in this area. also, with more flexibility on options, one might do even better, such as invoice or below.
#9480 of 10297 2008 328 Basic by bribor Jan 03, 2009 (7:50 am)
I was just offered a 2008 328 in Sparkling Graphite with Steptronic Auto and i-Pod Adaptor but no Premium Package for $31,883. Does this seem like a fair deal? I had been offered $34,085 on a jet black 328 with same options plus premium. I thought that since the invoice on a PP is $3,000 that the price might be a bit better.   Any thoughts and any news on any new LMF and residual rates for 2009 (dealer said special programs were ending yesterday?)   Thanks! Replies to this message: MRHammar (Jan 03, 2009 8:06 am) bribor (Jan 03, 2009 8:41 am) MRHammar (Jan 03, 2009 3:52 pm)
#9481 of 10297 Re: 2008 328 Basic [bribor] by MRHammar Jan 03, 2009 (8:06 am)
Replying to: bribor (Jan 03, 2009 7:50 am) Bribor, that sounds OK...from what I have been reading, the best most people have been able to negotiate is about $500 over invoice (roughly $2000 under MSRP when you factor in advertising fees, training costs, etc.). BMW is subsidizing the cost of the automatic transmission to dealers on 08 3 series, so you should not consider that as part of the cost of the vehicle on a 2008.   I have it on pretty good authority that the MF for a 09 3 series sedan will jump to 0.00175 but the big hit is on the residual which is declining 3% (to 57% from 60% on a 36 month, 15k miles/year lease). That will make about a $55 a month payment difference on a ~$40k car compared to December. I am not sure about the other rates, but I would imagine similar changes would be in effect. Replies to this message: bribor (Jan 03, 2009 8:41 am) MRHammar (Jan 03, 2009 3:52 pm)
#9482 of 10297 Re: 2008 328 Basic [MRHammar] by bribor Jan 03, 2009 (8:41 am)
Replying to: MRHammar (Jan 03, 2009 8:06 am) Thanks, MRHammar. For the 2008, do you think the residual (58%)will stay the same as it was last month? I got pre-approved for financing at a LMF of .00075 and they said that rate is locked in for 60 days. Replies to this message: MRHammar (Jan 03, 2009 3:52 pm)

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