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BMW 3-Series Prices Paid and Buying Experience

10328 messages,  Last post on Dec 09, 2009 at 7:44 AM

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


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#10319 of 10328
fair price for 328i + premimu package by highl
Dec 07, 2009 (12:34 am)
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Hi,
I have been given quote for $1000 under invoice before $1500 holiday offer for this in the bay area (CA). Is it a good offer or there is room for further bargain?
 
tia
#10320 of 10328
Re: fair price for 328i + premimu package [highl] by mycrv
Dec 07, 2009 (12:38 pm)
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Replying to: highl (Dec 07, 2009 12:34 am)

Hi highl,
Can you pass me the dealership information ? I am planning to close the deal by the end of this month.
 
Thanks
#10321 of 10328
09 or 06?? by jnelson12
Dec 08, 2009 (5:31 am)
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Hey everyone,
Looking for help on my situation PLEASE. Please give me your input on which, if any, is the better deal.
 
06 325i Sedan (not CPO) 47,000 miles, Black exterior, Tan Interior, Premium and Cold Weather Package, Navigation. Asking $23,491. Won't budge on price but will assume the last 4 months of my Toyota Thundra lease.
 
09 328i Sedan 33 miles, Black exterior, black interior, pretty much stock except for the 17' V spoke rims. Asking $32,745. Will not do anything for my lease.
 
The 06 scares me because the warranty will be out soon and the 09 scares me because I believe I can get a better price once 2010 hits. Are both of these prices fair asking prices in this market and economy? Thanks for your help!
#10322 of 10328
Re: 09 or 06?? [jnelson12] by anowlan
Dec 08, 2009 (6:56 am)
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Replying to: jnelson12 (Dec 08, 2009 5:31 am)

The 06 will require a warranty and extended maintenance to provide some measure of the cost-free motoring the 09 will provide over the next 4 years. Even then, when 2011 rolls around it will probably be totally out of warranty.
 
The 09's have $1500 holiday credit right now- could that cover your 4 lease payments? A good price for a BMW is $500 over invoice, then subtract any holiday credit. Use edmunds to calculate invoice, and add $500. Then subtract the holiday credit. That's a reasonable deal. $32745 for a stripped model sounds high, and are they really going to have success moving that car?
 
Why not wait 4 months, till your Tundra lease is up, or order a 2010 optioned how you like it next month- by the time the car arrives from Germany your lease will be up and the car will be how you like it. 09's are probably pretty "picked over" at this point. The 2010s are here. I have one. Hope this helps. Neither deal sounds compelling to me.
#10323 of 10328
Re: 09 or 06?? [anowlan] by jnelson12
Dec 08, 2009 (7:30 am)
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Replying to: anowlan (Dec 08, 2009 6:56 am)

Those were my thoughts exactly!! I know that the dealer does not want an 09 on their lot at this point. They actually have 2 on their lot! They are unwilling to help out with my lease or lower the price of the car. If neither dealership is willing to deal now, I'm sure they will in the next few weeks. So i'll move off of both of these deals and search elsewhere.
 
Another question? Why is BMW so big on their 09 models that include this Balloon type financing. I think that this is a horrible deal for the consumer. Just wondering about everyones thoughts on this. Thanks.
#10324 of 10328
Re: 09 or 06?? [jnelson12] by anowlan
Dec 08, 2009 (11:18 am)
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Replying to: jnelson12 (Dec 08, 2009 7:30 am)

Are you referring to leasing? Or BMW Select, which is a balloon financing instrument? If leasing, it's a big part of their business model. If BMWSelect, they do that sometimes to make their higher-end models more affordable, like the M-cars. Some people think that they can afford the M3 with BMWS, whereas they would struggle to afford the payments if it was conventionally financed.
#10325 of 10328
Re: 09 or 06?? [anowlan] by jnelson12
Dec 08, 2009 (12:50 pm)
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Replying to: anowlan (Dec 08, 2009 11:18 am)

I understand leasing. I'm talking about the BMWSelect. This was what was pushed on me first with the 09 3 series. So you end up paying 9 years for a $32k vehicle!! I just don't know who in their right mind would go for something like that!! I'm sure there are a lot of folks that fall for that though.
#10326 of 10328
Re: fair price for 328i + premimu package [mycrv] by wonderfull
Dec 08, 2009 (10:16 pm)
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Replying to: mycrv (Dec 07, 2009 12:38 pm)

Can you email me the dealership info as well?
Thx.
Girish
girishbhatyahoo.com
#10327 of 10328
Re: fair price for 328i + premimu package [wonderfull] by highl
Dec 08, 2009 (11:04 pm)
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Replying to: wonderfull (Dec 08, 2009 10:16 pm)

I have not pulled the trigger yet on my BMW deal. I am still deciding between g37 and BMW 328i. I think $1000 off invoice ( before $1500 holiday cash) is easy to get. Can anybody comment if this is a good deal and i should take as is.
#10328 of 10328
09 328i BMWSelect [jnelson12] by jnelson12
Dec 09, 2009 (7:44 am)
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Replying to: jnelson12 (Dec 08, 2009 12:50 pm)

My BMW dealer is trying to talk me into the BMWSelect for the 09 328i. Can someone PLEASE help me understand this payment. They are saying the payment is $410 per month which equates to financing $24k for 5 years at 1.9%. The balloon is 12,290.85. So that equals a price of $37k, which is the sticker price.
 
They claim to be giving me $4,500 in incentives so I think that the financing should look like this. $32,745 (price)- 12,290 (balloon)= $20,454 financed which brings payments to $360 ish per month.
 
Is my BMW trying to pull one over on me?? I have talked to them and they claim that their figures are correct. Thanks in advance for your help!!

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