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2013 and earlier BMW 3-Series Prices Paid and Buying Experience

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Comments

  • jjetjjet Posts: 10
    I envy you. :)
  • jb_shinjb_shin Posts: 357
    Are you a buying it through the military/diplomatic purchase program? If not, with the Euro vs. $ where it is, I have a hard time believing that the car can be bought for 22,374 Euro. 328 is not available in German market, and even the 325 (pretty close to US 328 in spec) costs 34,600 Euro, list. And don't forget 17% VAT on top of that.

    If buying through military/dip program, it is 12% or so (used to be anyway when I bought 530 in 2002) off the US price, and isn't apple to apple comparison.
  • Here is my quote from an internet sales mgr, CA dealer. I understand that the $4200 sec dep will be tied up but this is just my quote. Feedbacks?

    2007 335i Coupe, 6-spd manual
    36 month lease
    10,000 miles per year
    Residual 61%
    $4200.00 refundable security deposits
    .00176 (4.224%) money factor, interest rate.
    Total drive off $8578.32, includes 1st payment ($600), cap. reduction $3163.41, sales tax $245.16, license,dmv, $369.75, and security deposits of $4200.00.
    Selling price $45,700.00
    Base payment $556.84
    Monthly tax $43.16
    Total monthly payment $600.00.
  • I have a deal on the table for $25,200 buck for a 2006 325 Ci Coupe with 38,000 miles with steptronic auto transmission.

    Anyone shed some light on this and tell me if this is a good deal? Car's in excellent condition (titanium silver color).

    KBB private party value is $25,425.
    Retail Value is $28,275.

    Also, if you know about the comon problems in this model that have been reported, please post.

    Thanks in advance!
  • Well, one thing was missing here. After calculating using those numbers, the Acquisition or Bank fee turned out to be $825. I think I've figured out the numbers.

    I'm using the following formula found elsewhere here on the forum (Thank you to the contributor!!).

    S = Sell price = 45,700.00
    A = Acquisition Fee = 825.00
    M = Money Factor = 0.00176 (this was lowered by my 4,200 sec deposit, or 7 x 600/mo. I think orig MF was .00200)
    N = Term = 36 months
    R = Residual = 27,877 (61% x 45,700)
    P = Monthly Lease Payment excluding tax
    P* = Monthly Lease Payment including tax
    t = Sales tax Rate = 7.75%
    Down Payment/Cap reduction: $3163.41 (to get the $600/mo incl tax)
    Annual Mileage: 10K
    Disposition Fee?: NO
    Excess Mileage Charge: 0.15 per mile
    Sales Tax: Computed on the payment streams
    Capitalized Amounts: Acquisition Fee Only

    Basic Money Factor Formula:

    Note: Selling price - Cap reduction = $42536.59 = adjusted S

    P = M(S+A+R)+(S+A-R)/N

    P = 0.00176(42536.59+825+27877)+(42536.59+825-27877)/36
    P = 555.51 (close enough to quote)

    Tax Formula:

    P* = P(1+t)
    P* = 555.51(1.0775)
    P* = 598.56 (close enough to quote)

    Looks like I'm paying MSRP for this car, to arrive at the $600/mo incl tax. Any room for negotiations, don't know but sure will try to get closer to TMV :)

    So, Base MSRP $40,800 plus Options ZSP + ZPP + Met Paint + Dest = $45,700 = stated Selling Price. :(

    Anyone have comments on the above, please do chime in?
  • I happened upon you Sept. 12th post and needed to respond.
    I agree that you make many valid points. It is not fair for people to expect to get something for nothing. And while there is nothing wrong with suggesting more efficient ways for products to be sold, or "damning" the middle men, in our current system honest people need to make a wage.
    But, I think you have to admit that much of the distrust of today's car buyer is a result of sleazy sales tactics of many car dealers. I'm 54, and for decades the "real" price of a car and its options was impossible for a consumer to determine. And we need to mention the "last minute" additions of finance charges, "bank" fees, widget costs... whatever. The internet has, to some extent, leveled the playing field, to the dismay of dealers.
    My wife and I have purchased four BMWs in the past. I am generally happy with the company. But, in each purchase I had to leave the dealership and wait days or weeks before they would give me the "real" price.
    You make good points. But, there is another side to the story, don't you agree?
  • jaymavjaymav Posts: 2
    I got a quote through the costco auto program for a Jet black with black leather interiors, premium package, navigation, sports package, ipod connector. Please give me your opinion if this quote is good for this time of the year.
    Price w/ot taxes :39,310
    OTD price: $42,957
  • 328xi cp USD 37,100.00

    A53 Platinum Bronze Metallic 475
    LCGE Cream Beige Dakota Leather N/C
    ZCW Cold Weather Package 600
    464 Ski bag N/C
    494 Heated front seats N/C
    ZPP Premium Package 3,250.00
    319 Universal Garage Door Opener N/C
    430 Auto-dimming mirrors N/C
    431 Auto-dimming rearview mirror N/C
    459 Power front seats N/C
    488 Lumbar support N/C
    4NA Digital compass mirror N/C
    639 BMW Assist N/C
    203 All-wheel drive N/C
    205 STEPTRONIC automatic trans. 1,275.00
    4AC Light Poplar Natural wood trim N/C
    Net Total 42,700.00
    Destination Charge 775
    Gas Guzzler Tax N/C
    Total Suggested Price 43,475.00

    really dont know about the price for BMW, so for this vehicle, what is the best price? sedan is about 40,000.

    Paying cash, not leasing.

    and anyone could tell the diffence between AWD and RWD?
  • bcj2bcj2 Posts: 17
    I'm new to leasing and have several questions. 1st, can i negotiate the price of the car down from which the lease payment will be calculated or do I have to use the MSRP? 2nd, I'm looking at an '07 328i sedan, auto, premium, cold pkg, xenon, nav. Here's the payment info from the dealer: $1335 tax, $459 dealer fees, $5,000 downpayment, 10k miles/yr, 30 month lease, payment = $486/mo. What do you guys think would be a good deal for this lease payment?

    Thanks for any help
  • 1) You can and should try to negotiate down the selling price of the car that is factored into the lease.
    2) I'd be hesitant to put such a large down payment on the car. If you were to get into an accident and total the car, the down payment would be lost. It doesn't hurt to have the extra money in your pocket for the time being; you end up paying the same amount whether it be over time or with a large sum up front.

    That quote sounds sounds very high to me. Shop around to confirm that, but I would expect something around $475/month with around $1000-2000 down.
  • rworrellrworrell Posts: 151
    yankees338 is exactly right--putting money down on a lease is a bad idea. However, one really cool option that BMW allows is called Multiple Security Deposits (MSD). You give them the security deposit that they require, plus an additional amount that's a multiple of that deposit. Each additional deposit lowers your money factor on your lease. The best part is that, at the end of the lease, you get all your MSDs back--with a down payment, you get nothing back and you run the risk of losing it if you total the car.

    Talk to your dealer about MSDs--it's a great way to improve your deal, yet still get the money back at the end of your lease. If you do the math, it's usually a decent rate of return.
  • toto88toto88 Posts: 7
    From the options you listed I checked to see what the invoice price was and it came up with $38,595, so that would mean you were quoted $725 over invoice. I have gone through 2 internet departments in So Cal and received $400 and $450 over invice. If this is the car that you want, the deal sounds reasonable enough.
  • jaymavjaymav Posts: 2
    thanks toto88..i finally got a price of 39,065 and the experience was very smooth ..so no regrets
  • I'm down here in Texas and am VERY interested in having a car to toy around in. Since the wife & I already have rides, I was interested in the BMW 335i. We've had a few beamer's in the past and have been somewhat happy. I think the lease is the way to go and I have been reading about some of the great informatyion you guys post. I'd like to learn more about this "MSD" I've been reading about. Can anyone point me in the best direction on how to lease the car w/o the dealer laughing and buying everyone dinner on me when I leave??? Do I really have to give them all this $ up front????

    Thanks to all!!!!

    Mike
  • gjagja Posts: 25
    Did I read correctly somewhere that we can't do Multiple Security Deposits (MSD) in NY state?
  • jjetjjet Posts: 10
    Mike.
    I'm in the market now too. I found that a wholesale price list posted on www.bimmerfest.com very useful. Our host KDFX already put the link in this forum, so you can look up the link. I live in Dallas and most of dealers are not willing to negotiate. Other users at bimmerfest suggested that I go to smaller dealership such as one in Tyler or Temple and get a competitive quote and ask dealers in Dallas to beat it. I don't know whether you have already tried that, but I got a quote from a dealer saying that he can give me one with $750 over invoice.
    Hope this helps.
    JJET
  • Did you buy one at $750 over invoice? Let me know what you end up doing. I'm in the market, but not sure if I should try to get a 2007 at a better price, given that the 2008 models are out...
  • nmp801nmp801 Posts: 3
    Hi,
    Did you ever call Specialty Auto Leasing? If so, how did you make out?

    I've called weleasebytel.com about 3 times and left a message for Mike. He has yet to return my call.

    As long as Specialty is legit, I think I will lease through them.
  • I spoke with Eric at leasebytel (leasefax@verizon.net). He returns calls/email.

    amazing enough, I am finding this to be common practice for many of these online brokers....they just wont call back. I've called or e-mailed half a dozen of them with little or no response. I honestly don't recall speaking to Specialty One. Maybe I'll check with them again. But if no one wants to return my call it is not my loss..

    (edit) the more I think of it, I do recall speaking to them. They sent a list of available 335s sent to me via email, I responded letting them know of the one I wanted and asked for a quote and never got a reply. I'll never hound someone to give my business to them....call me back or take a hike.
  • I received the following quote for a 2007 328i auto with metallic paint and no options for 36 months with 12k.

    Security $400
    Bank / Cap $1000
    Tax $1261
    Monthly $397

    total due at signing approx $3121 incl tax

    Does this seem like a good deal? I am new to leasing and would greatly appreciate expert comments

    Thanks
  • JJET-

    Thanks you SO MUCH for the assistance!!!!! You know what I mean by "laughing and haaviing dinner on the consumer. I know nothing is free, but I also believe in fairness!

    10 thousnds thanks and I'll be looking @www.bimmerfest.com TODAY!!! Hope I can help you someday!!!!

    Mike
  • The car is a 2008 BMW 335xi Sedan with an MSRP of $49,770
  • Hey guys. I hope this is OK to post (if not I will ask the host where and if I can post this). I just pulled the trigger on a new 5 series and have a winter wheel and tire package from my 3 er which I gave to an ebay store to sell on line. They are Blizzaks LM 22s 16s (the wife just wanted them out of the garage)
    The car was absolutely great in the snow with them.
    They made a mistake and said they have only one season on them, it was 2 but the tread wear is still fine- you can see the penny test. Anyway, if someone needs a set check out ebay- I think they started the bidding at around 50 bucks. Personally, I prefer the rwd bmw s with snows to the all wheel drive with all seasons. I went for the sport package on my 5 just as I did on the 3 and I will have to buy another wheel and tire package but I just didn't want to give up the goodies on the sport package- suspension, sport auto, ARS. So I will spend a few extra bucks and get great performance year round for a twice a year hassle vs good handling year round with no tire change.
  • 08 335 sedan: steptronic trans , leather , sport package , hd radio . MSRP 45,550 What would be a fair selling price and should i pay dealer prep or doc fees? Looking to go 24 months and 10-12k miles per year on a lease. What will my payments be? I think the resid is 71-73% and the factor is .00200 base plus whatever the dealer marks it up.
  • 4rings4rings Posts: 7
    I'm looking into an '08 328. Getting good info from the dealer on most points; acquisition fee seems high at $825 but I hear that is dealer's call. Today he tells me that there is a $180 "BMW training fee".

    Anyone else get this? Is it a junk fee? I guess this is to be expected as we consumers drive for invoice pricing...the dealers have to get their profit out of ad fees and the like.
  • bmwmrc1bmwmrc1 Posts: 16
    Help guys. I need any of you who are good at calculating a good lease deal for a 328i sedan.

    Here's what I about to lease:

    328i sedan with:
    premium package
    xenon lights
    auto trans.
    metallic paint
    ipod adapter

    Retail w/ destination: $39,375
    Invoice + destination: $36,360

    I'm being offered the car @ $36,900

    Here's the deal:
    (1) ZERO MONEY DOWN
    (2) 12K miles per year
    (3) 36 months
    (4) Monthly payment including tax: $543 per month.

    Is the above a good deal? If someone can show me their calculations I would be most grateful. I'm going in to the dealer tomorrow in Southern California and getting this car.
  • dan12dan12 Posts: 114
    Afaik, the training fee is negotiable. The $825 can come down a bit too, maybe around $650. I was quoted the same numbers as you when I was shopping, so it's not unusual.

    Dan
  • bmwmrc1,

    This seems like a very good deal. Is this 07 or 08? Which dealer are you getting this car from? I am also planning to purchase a similarly equipped 328.

    Thanks.
  • Sorry, I see you have already mentioned that it is a 2008.
  • bb222bb222 Posts: 4
    Does anyone know if they raise the price on 2008 328i? I got a quote for a 2008 328i with auto transmission, premium package, heated seats for $36600.+ TTL. I added up invoice cost of these items from Edmunds.com and is at least $1000 lower. Is $36600 a reasonable price or there are other cost that I'm missing?
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