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BMW 3-Series Prices Paid and Buying Experience

10307 messages,  Last post on Nov 30, 2009 at 9:39 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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#9545 of 10307
Re: 2009 328i vs 2008 335i [blueguydotcom] by Scorpio77
Jan 25, 2009 (12:16 pm)
Reply

Replying to: blueguydotcom (Jan 25, 2009 10:14 am)

Many thanks for the prompt reply and the links. I spent some time figuring those out and this is what i am aiming for :
 
2008 335i sedan: MSRP (44650)
Total Discount: 7000
Cap cost: 37650
Cash Down: 0
Residual value: 60% (36 month lease with 10k miles)
MF factor: 0.00085
Reduced MF factor: 0.00040 (due to 8 MSDs I will make) which I think is the lowest possible
Sales tax: 7%
 
Monthly Payment: $377 per month incld tax (this is what i calculated)
Upfront payment: 8MSD of 400 (3200) + 725 (bank fees) + 100( doc fees) + 250 (registration) = $4275.
 
This is all my calculation. Please tell me if this is a good deal or not? Is there anything I am missing here?
 
I plan to close it tomorrow!! Many thanks in advance.
Deep
#9546 of 10307
Re: 2009 328i vs 2008 335i [Scorpio77] by blueguydotcom
Jan 25, 2009 (1:42 pm)
Reply

Replying to: Scorpio77 (Jan 25, 2009 12:16 pm)

7 MSDs should be a reduction of 0.00049 so your MF should be 0.00036.
 
Looks like a nice deal. I get 348 (or so) including tax when I add it up.
#9547 of 10307
Re: 2009 328i vs 2008 335i [blueguydotcom] by Scorpio77
Jan 25, 2009 (3:34 pm)
Reply

Replying to: blueguydotcom (Jan 25, 2009 1:42 pm)

yup i agree with your numbers. lets see if I will find out tomorrow if i get this deal or not. many thanks
#9548 of 10307
Re: 2009 328i vs 2008 335i [Scorpio77] by jofma
Jan 25, 2009 (8:35 pm)
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Replying to: Scorpio77 (Jan 24, 2009 7:11 pm)

let me get this straight, you're thinking of leasing a 41,050 bmw for 337/mo with 3000 down? what is meant by using (7+1) MSRDs? Also where is this dealor, ours here in dutchess county ny give hardly any discount. it sounds like a good deal to me.
thanks
jofma
#9549 of 10307
Re: 2009 328i vs 2008 335i [blueguydotcom] by jofma
Jan 25, 2009 (8:37 pm)
Reply

Replying to: blueguydotcom (Jan 25, 2009 10:14 am)

where is the BMW dealor that is giving 6k below msrp?
#9550 of 10307
Re: 2009 328i vs 2008 335i [jofma] by blueguydotcom
Jan 25, 2009 (11:49 pm)
Reply

Replying to: jofma (Jan 25, 2009 8:37 pm)

There's 2760 in trunk money on 2008s. 2008s are going for invoice - minus discounts. You offer a dealer $2500 below invoice on a 2008 in so cal and he'll take it.
#9551 of 10307
Re: 2009 328i vs 2008 335i [jofma] by nyccarguy
Jan 26, 2009 (5:56 pm)
Reply

Replying to: jofma (Jan 25, 2009 8:35 pm)

You don't have to buy your car in dutchess county. There are plenty of dealers in Westchester, CT, Rockland (Wide World of Cars), Orange (Orange County BMW)... That would be willing to earn your business.
#9552 of 10307
Speaking of prices paid by nyccarguy
Jan 26, 2009 (5:59 pm)
Reply
More like asking prices... My family and I attended a small car show at a local community college where dealerships from the area bring cars. The BMW dealer had an E92 M3 Coupe, Black/Black with an MSRP of $75,000! 10 years ago an E36 M3 could be had with an MSRP in the low $40K range!
#9553 of 10307
2007 328i with 23K miles by stringbeanie
Jan 27, 2009 (11:18 am)
Reply
I just purchased a 2007 328i Montego Blue/Black interior with Navigation, Premium package and 23,000 miles (CPO also) for $24,991 (looks just like new inside and out). Seems almost too good to be true. Makes me think they are desperate to sell this car. Carfax checks out great but there were a lot of service visits (13 during 2 years) during the lease for unspecified reasons. Did I make a mistake? I do have warranty for another 75K + yrs. Any thoughts?
#9554 of 10307
Took Delivery on 2009 335i Coupe by Relleum
Jan 27, 2009 (10:13 pm)
Reply
This is the deal I got on a 2009 335i Coupe for 3 years with 12k miles per year:
Blue Water / Beige
Premium, Sport, Automatic, Satellite Radio, iPod Adapter, Smartphone Integration, Steering wheel with paddle shifters.
 
When configured on edmunds:
Edmunds MSRP: $50,345
Edmunds Invoice: $46,360
 
However, Edmunds base prices have $200 extra on them that wasn't on my sticker.
 
Sticker MSRP: 50,145
Negotiated Value: $46,156
Acquisition Fee: $725
Dealer Fee: $689
 
Capital Cost Reduction: $2650 (I put $1150 down, and $1500 came from stimulus.)
 
Adjusted Cap Cost: 44,920
Residual Value: 29,585 (59%)
Money Factor: .00205
Monthly Payment: 578.68 + 37.61 tax = 616.29
 
At this point I put 5 security deposits, 1 of them required to get the original .00205, and the other 4 reducing the money factor down to: 4 x .00007 = .00028
New money factor: .00205 - .00028 = .00177
 
Final Monthly Payment: 557.83 + 36.26 = 594.09
 
Out of Pocket:
 
$1150 down payment
5 x 600 refundable security deposits = $3000
First Monthly Payment: 594.09
License Fees: 28.06
Sales Use/ Tax: 12.71
Sales Tax on $1000 cap reduc: 172.25
Florida Fees: 66.50
Tag Agency: 129.00
 
Total Out of Pocket 2152.61 + 3000 refundable = $5152.61
 
This was in South Florida. After the crazy negotiations between 4 dealerships (pitting them all against eachother), I got a deal that I'm very happy with. I hope this helps someone get a great deal.

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