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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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#9518 of 10297
good lease deal on 2009 328xi? by irish111
Jan 16, 2009 (4:40 pm)
Reply
Going to the dealer (Prestige BMW in Ramsey, nj) tomorrow...what would be a good deal?
328xi automatic, cold weather pkg., ipod, power front seats (jet black, leatherette)
MSRP 39320
Invoice 36,190
Paid price: 37,240 (dealer said it's 500 over the "real" invoice-BMW's) but 1100 over Edmunds *This includeds 825 destination charge
MF .00175
residual 60%
          584 per month plus MV fee (268.50)at signing. ALL other fees rolled into
             monthly payment.including security deposit.
I get a lower price on my lease calculator...2 other dealers (Park and Circle) said same monthly payment and fees~
Other questions: Anyone know what are all the fees for this car in NJ?
Is the 825 Dest used for calculating the price or should it be added later? Should i negotiate it down to 625-real cost?
What are the taxes?
THANKS in advance for anyone who will help me My lease is up next week!
#9520 of 10297
what's good lease price 328xi by irish111
Jan 16, 2009 (5:03 pm)
Reply
Going to the dealer (Prestige BMW in Ramsey, nj) tomorrow...what would be a good deal?
328xi automatic, cold weather pkg., ipod, power front seats (jet black, leatherette)
MSRP 39320
Invoice 36,190
Paid price: 37,740 (dealer said it's 500 over the "real" invoice-BMW's-bull!
MF .00175
residual 60%
          584 per month plus MV fee (268.50)at signing. ALL other fees rolled into
             monthly payment.including security deposit.
I get a lower price on my lease calculator...2 other dealers (Park and Circle) said same monthly payment and fees~
Other questions: Anyone know what are all the fees for this car in NJ?
Is the 825 Dest used for calculating the price or should it be added later? Should i negotiate it down to 625-real cost?
What are the taxes?
#9521 of 10297
Re: ooops..mistake [irish111] by irish111
Jan 16, 2009 (5:05 pm)
Reply

The dealer quoted me 37,720 as a selling price.
#9522 of 10297
Re: ooops..mistake [irish111] by hemanthh
Jan 16, 2009 (10:16 pm)
Reply

Replying to: irish111 (Jan 16, 2009 5:05 pm)

I would shop around. Talk to another dealer and see if they can beat this price. BMW is doing pretty good becasue of their promotional rate, but still, they want your business. I assumed destination charge would be included in the price anyways regardless of where you end up.
 
If they stick to the price, talk them into adding accessories for free to the tune of where you want the price to be..
#9523 of 10297
Re: good lease deal on 2009 328xi? [irish111] by kyfdx HOST
Jan 17, 2009 (7:52 am)
Reply

Replying to: irish111 (Jan 16, 2009 4:40 pm)

I think you are confusing destination charges (part of the invoice and MSRP) with the acquisition fee on the lease.
 
Also, the acquisition fee is $725 now.. (with the dealer option to mark up to $925).
#9524 of 10297
Is this a good deal? by irish111
Jan 17, 2009 (7:23 pm)
Reply
BMW 328xi 2009
Premium pkg
cold weather pkg
automatic
ipod
 
MSRP 42,500
Selling price" 39,978.29
Res 60%
MF .002 (not .00175 because I rolled security deposit into my monthly payments)
588.19 per month + MV fee at signing 268.50 (all other fees, etc rolled into monthly payments)
I signed a contract?? (or is it just an order) for the car today (not the final lease). No $ given to the dealer. Getting car in week. Can I cancel if not a good deal? (1 day to cancel? 3 days??)
 Thanks!
#9525 of 10297
security deposit by nyccarguy
Jan 17, 2009 (7:42 pm)
Reply
Pay your security deposit upfront & take the lower money factor.
#9526 of 10297
Re: security deposit [nyccarguy] by irish111
Jan 17, 2009 (8:20 pm)
Reply

Replying to: nyccarguy (Jan 17, 2009 7:42 pm)

Evrything I read said to roll it into monthly payments.
But I did the math and the difference with .00175 money factor is $2.14 less, and 600 / 36= 16.66 so that adds to 18.80 more per month and at the end of 36 months...36 x 18.80 = $677! that I don't get back.
So, why do they say to roll it in?
#9527 of 10297
Re: Is this a good deal? [irish111] by qbrozen
Jan 18, 2009 (6:13 am)
Reply

Replying to: irish111 (Jan 17, 2009 7:23 pm)

To answer your question, a car deal is never a car deal until you take delivery and drive away.

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