Last post on Aug 10, 2011 at 3:16 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
BMW Z4, Coupe, Convertible
#483 of 511 Did I get a good price?
Aug 13, 2007 (11:55 am)
I am taking delivery of my car this week. Please comment if you think I got a good deal on it.
2007 BMW Z4 3.0si (brand new)
The MSRP on the car is $48,800. The dealer invoice is $45,380. There is a current $6,500 factory to dealer incentive on these cars, so, my final sales price is $40,980, plus I got him to throw in the windscreen (retail value of $215). Did I do OK?
#484 of 511 Did I get a good price? Part two
Aug 13, 2007 (12:18 pm)
Let me also add that we had to freight the car in from another state, so that added $400 to the invoice. He itemized it as this:
$48,880 - MSRP
$45,380 - Invoice
$-6,500 - Factory Money
$38,880 - Net invoice
$ 400 - Freight from out of state
$ 250 - Floor Mats, PDI
$ 215 - Windscreen
$39,665 - Actual Dealer Cost
$ 1,315 - Dealer Profit
$40,980 - Sale Price
I suppose I could argue the price of the windscreen is quoted as retail and NOT wholesale, and that $400 seems excessive for a 5 hour drive (then again BMW's are freighted differently than most cars). Perhaps I am having a panic attack as I am buying the car in two days, but... any thoughts? Think I should have gotten the car for lower?
I did sign a contract for the car, he never countersigned it, however. At this point, would it be crazy to try and re-negotiate or tell him I am walking away entirely? WDYT?
#485 of 511 Did I get a good price? Part three
Aug 14, 2007 (9:18 am)
OK, I contacted the salesman yesterday, and we had him take out the windscreen (I can always get this cheaper after market than he is charging me), so we settled on $40,500, which is $1,020 over his invoice costs. NOT too bad, I think! Thoughts?
#486 of 511 Re: Did I get a good price? Part three [jilly3]
Aug 31, 2007 (12:16 am)
Jilly3, congratulation to your new car. I got one question to you. Do you need to put any deposit to sign the contract? How much did you put if there's a deposit?
#487 of 511 Re: Did I get a good price? Part three [jxz024000]
Sep 04, 2007 (10:02 pm)
Yes, I put down 1k.
#488 of 511 Re: Did I get a good price? Part three [jilly3]
Oct 10, 2007 (5:09 pm)
Jilly3 - I have a 2005 Z4 and I would have to say your price looks really good to me. How did you find out about the dealer incentive? My 4 yr svc coverage is up next year and I want to upgrade next fall. As I recall, the new models come out late fall, early winter, and the incentives are geared towards getting rid of last year's models. Did you order your car, or was it already out there somewhere? I am trying to make sure I am prepared in time, in advance to get the best deal I can next year.
#490 of 511 Z4 low ball trade
Feb 17, 2008 (8:28 am)
I recently inquired about trading my 03 Z4 with 27K miles at a BMW dealer (Voss BMW). The delaler offered me 14,200 for the Z on another BMW. Needless to say that figure is about 5-6K less than what it should have been. Remember BMW dealers are just like everyother dealer...they are there to make money.....not make a good deal.
May 04, 2008 (2:39 pm)
Just bought a Z4 3.0 si coupe:
$41,500 delivered, but taxes and tags extra
I think its a good deal