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You are in the Prices Paid - Buying & Leasing Experiences
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BMW X3, SUV
#1198 of 1855 Re: Accessories Plus Installation Fees [martye320]
Mar 16, 2006 (8:13 pm)
A dealer in Denver has offered me the following:
2006 BMW X3 3.0i
Dark Wood Trim
Automatic Transmission w/Steptronic
Satellite Radio Preparation
MSRP: 43,545; they will sell it for $42,045 with the following lease terms.
36 months, 12K miles per year, first payment and security deposit out of pocket. $502.89 + tax. Residual = $29,175.15. Rate = .00170
That doesn't sound that great(especially the money factor). Any thoughts?
#1199 of 1855 X3 Ordered on 3/17/06
Mar 22, 2006 (12:19 pm)
I just ordered my through a So.Cal dealer with the exact same packages. 36 months, 12k miles per year, first payment and security deposit. $490 including tax.
#1200 of 1855 Am I getting a good deal?
Mar 22, 2006 (10:23 pm)
Inquiring minds want to know!
2006 X3 3.0
Drive off 3000$ (no sec dep included since I am a current bmw lesee)
$410 per month inc. taxes
3 year lease with 12k per year
Please give me your thoughts I need to decide between this and another car soon.
#1201 of 1855 Re: just got my X3 [mnovodvor]
Mar 24, 2006 (8:30 am)
Hi...I just got my X3 last night.
Retail Price $40,370
Selling Price: $38,500.
Premium package (terracotta leather included),
Heated steering wheel,
Sat radio prep,
1st month payment: $419
Acuqisition Fee: $825
For $419/month. 15Kmi/36months. w/ $3500trade-in. I can't figure out if got a good deal or a bad one...just really loving the car.
#1202 of 1855 Re: just got my X3 [jabs]
Mar 29, 2006 (5:12 am)
ok, finally i made the deal today and this is the price i paid.. looks like i got OK price, any openions? i'm going to get the vehicle on this Fri.
blue water metallic
heated front seats
sat. radio prep
heated steering wheel
PS:Also i want to know what is on-board computer system and does it come as standard?
Hope this info helps for future buyers.
#1203 of 1855 Re: just got my X3 [drmdad]
by kyfdx@Edmunds HOST
Mar 29, 2006 (3:14 pm)
The OBC comes with the premium package.. It shows up in the odometer area, and you manipulate it with the button at the end of the turn signal stalk.. You can check average speed, MPG, outside temperature, miles to empty, etc..
It isn't real complicated, but you may have to consult your owner's manual, as the operation of it is not quite intuitive..
#1204 of 1855 Extra Fees on Price of X3
Mar 31, 2006 (8:34 am)
What is the MACO $400 and Training fee $150 about. These were listed just above the destination fee. The dealer said they were standard fees that the manufacturer charges. When we balked he took some $'s off. We bought and X3 3.0i Jet Black, NAV, Privacy glass, Prem. Package, heated front seats, for $39,140 (not including tax and licence) plus he threw in all weather mats. This was in Fremont, CA.
#1205 of 1855 Re: Extra Fees on Price of X3 [gracie2]
by kyfdx@Edmunds HOST
Mar 31, 2006 (9:14 am)
MACO is a regional advertising fee.. on the dealer's invoice.. The training fee is also on the dealer's invoice...
They are standard fees for the dealer.. they shouldn't be added on to the price that you agreed to pay, unless you offered a specific dollar amount over dealer invoice. Otherwise, they are just trying to get more money out of you..
#1206 of 1855 Re: Extra Fees on Price of X3 [kyfdx]
Mar 31, 2006 (10:37 am)
So that I understand what I am dealing with in the future, when buying a car do we offer, for example, a dollar amount over the wholesale price $33,490 or over the MSRP price $36,800 (without the options)? And then calculate the desired options (nav, heated seats, sat prep, privacy glass $wholesale $4,125) and the destination charge into the final price - tax and licence? In my case I paid $39,140 before tax and licence but got the dealer to throw in a set of all weather mats. So in actuality did I really pay $1,475 over invoice? For the future, was there anything else I could have done to drop the price?OR do was this a good price. We live in the SF Bay Area. We also bought the extended maintenance program for $1,200 covering us for additional years/ miles. I am not very good at wheeling and dealing. Any ideas of how would I handle this in the future? I keep seeing that people are paying $500 over invoice and thinking I should have been more firm.
#1207 of 1855 Re: Extra Fees on Price of X3 [gracie2]
Apr 01, 2006 (10:33 am)
The confusion, I believe, stems from determining the cost of the vehicle from all the readily available dealer cost data that does NOT include regional MACO & training. Depending on how much time you want to spend saving a couple hundred bucks, you COULD solicit quotes from dealers that are outside the large market advertising campaigns - their MACO charges could be less to nonexistent. So, to answer your question, I believe it's best to always work from dealer invoice up, and to know (in the case of BMW) that there might be additional dealer costs that aren't articulated clearly at Edmunds et al. Also, with the Internet, there's basically no reason to go to a dealer to negotiate price. Drive the car, go home, calculate the price you want to pay, and start emailing. My experience is that you will quickly see a consensus range from the return quotes. I recently went through this process for my soon-to-be-delivered X3 and managed to get $400 above dealer invoice (which, of course includes MACO and training) without much pain. Could I have done better??? Probably. But at some point you have to decide whether the tradeoff in time is worth it. If I could have saved an additional $500+, I probably would have gone for it. As it is, I believe I'm in a respectable price range.