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

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  • qbrozenqbrozen Posts: 17,397
    edited September 2010
    I don't buy that it is more accurate. Who sez? Dealers? Galves?

    Fair question. Answer is: me.
    Based on my many years of experience here bouncing numbers off the pros who were kind enough to provide me and countless others auction numbers (who are all gone or retired now, by the way, so I'm just trying to fill in as best I can), I found that Galves mirrored those about 99% of the time. And the free sites are way over real auction numbers 99.9% of the time.

    And just worrying about your trade-in is short sighted. Believe it or not, many many folks don't have a trade in. And it is those folks who can benefit most from knowing auction numbers because they will know what the dealer really paid. If they go by KBB, for example, they will pay WAY too much.

    But, by all means, no need for you to take the advice I have paid for and am now passing along for free.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • edwardsfedwardsf Posts: 187
    edited September 2010
    Really? So you believe that all the posters here are simply good guys trying to help everyone out? And you believe that a car salesman would not come on here and try to convince people of arrangements that favor him?

    If so, I am assuming that you also believe in the tooth fairy.

    I don't know whether I believe him but at least grozen has not thrown out snide, immature comments.
  • I still don't buy it. You are still playing the dealer's and Galves' game. Knowing what some dealers pay for some lease returns does not paint the whole picture. Again, some are lease returns that go to the dealer (e.g. corporate leases). Some are trade ins. Some are loaners. There are too many non auction cars and too many other variables besides the auction rates.

    Again, I don't think it can hurt to know the auction rates, so again, in my view it is just one tool. And one that is not relevant in many areas of the country. I just think you need to do other research (e.g. this forum), bargain hard, and not believe a single word car dealers say. And look at Galves, KBB and TMV.
  • kyfdxkyfdx Posts: 29,077
    ... but, when it comes to trade-ins, auction values are all that matter..

    Galves is just a published version of auction values.(as noted, it's a regional publication... mostly the Northeast). Most dealers use an on-line service, MMR.. Manheim Market Report.. Manheim is the biggest automobile auction company in the country. When you bring your trade in for appraisal, they pull up the numbers of recent sales (usually within the last week), and that's the real money they'll offer you for your car. If your car is an odd color, has a few extra miles, or is missing options normally found on that model, then they will start deducting.

    They don't care about KBB, Edmunds, NADA, or any other book or on-line value. (unless they are using it to inflate the value of one of their cars). As a consumer, knowing the MMR value for your car will let you know what you can really get for it. Most other numbers are pie in the sky.

    As far as this forum? We do a pretty good job weeding out the shills, though I'm certain we miss a few, now and then. Plus, salespeople are more than welcome to post, as long as they are on topic, and aren't posing as someone else (also, no solicitation, identification, etc, etc... okay, we don't make it easy for them). You can get great info from the Prices Paid forums, but you have to filter posts for real information, and disregard posts that don't include all the variables. That's no different than if your next door neighbor tells you he got a great deal.

    I joined Edmunds/CarSpace about 8 years ago, when I started shopping for my wife's BMW. It's all about getting info, and giving info back..

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • nyccarguynyccarguy Stamford, CTPosts: 7,650
    Have any new body style CTS-Vs gone through galves lately? What are those going for?

    What's Gavles say about my wife's 2007 BMW X3 (Montego Blue, Black Leatherette, Rear Privacy Glass, Steptronic, Heated Front Seats, 45K miles) that we returned about a month ago? The buyout according to our lease was $26K & change. IIRC, the dealer offered to sell it to us for $21,600, but then wanted an additional $2995 to CPO it + tax. I figured (my own guesstimation) the auction value (what they could buy it from BMWFS for) is somewhere in the high $18K to mid $19K range.

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • qbrozenqbrozen Posts: 17,397
    They are valuing the '09 CTSV w/23k miles at $41-$42k. Add $800 for moonroof and $900 for Navi. They don't have a value for the '10.

    On the X3, looks to be $19,200 on the low end. So you were right on.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • I am negotiating on a 2008 335i - the dealer tells me that there is no special APR rate on 2008 3 Series models (only on 2007 3 Series). The BMW website says 'from 0.9% APR for 2007 AND 2008 3 Series' - but this has to be checked with the dealer. The dealer showed me the BMWFS offering sheet - and for 2008 nothing is marked for special APR.

    Is anyone aware how I can check what, if any special financing is available for 2008 CPO 3 Series?
  • nyccarguynyccarguy Stamford, CTPosts: 7,650
    Yummy! A Supercharged 556hp V8 RWD for mid $40K! Not too shabby.

    Thanks for the info.

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • First time car buyer here. Looking for hlep on getting a good price
    options•Auto-Dimming Mirrors
    •Auto-Dimming Rearview Mirror
    •BMW Assist w/Bluetooth
    •Dakota Leather Upholstery
    •Digital Compass Mirror
    •Increased Top Speed Limiter
    •Lumbar Support
    •Navigation System
    •Premium Package
    •Real Time Traffic Information
    •SIRIUS Satellite Radio
    •Shadowline Exterior Trim
    •Sport Leather Steering Wheel
    •Sport Package
    •Sport Suspension
    •Sports Leather Steering Wheel w/Paddle Shifters
    •Transmission: 6-Speed STEPTRONIC Automatic
    •Universal Garage-Door Opener
    •Voice Command
    •iPod & USB Adapter

    MSP is $50,600. looking to purchase . What would be a good OTD price to offer?
  • mjm87mjm87 Posts: 9
    edited September 2010
    So I currently own a 2009 Ford Escape XLT with 7500 miles on it. It has custom leather, spoiler, sync, and is an I4 4WD vehicle. The car is fully paid off and nothing is owed on it. I am considering selling/trading in my Escape for a CPO 328xi.

    I am hoping to get as close as I can to an even swap, but I know that will be unlikely. The Escape is in excellent condition and is valued around $20,000 according to KBB. The 328xi's I have been looking at run anywhere from 25-30k.

    I am looking for any advice, is this a good decision and how much should I expect to get for the Escape at BMW dealer and what kind of difference would I be looking at?

    Thanks
  • Hi,

    looking to lease 335 xi and Edmunds has a fine print saying:

    "0 Down Lease is based on a 2011 335i xDrive Sedan equipped with optional automatic transmission, Premium package and destination charge. MSRP as equipped is $47,500. $1,795 Dealer contribution and $1,840 Option Credit are required for the $539 monthly payment. Must finance through BMW Financial Services. See participating dealer for details."

    I know that the $1,840 is the all wheel drive rebate that i can use to bring down the cap cost. but what is the $1,795 dealer contribution? what is the dealer contributing exactly?

    thanks
  • I was just in BMW today. They quoted me a price of $498.88 per month for the 328xi with navigation, leather, space gray metallic paint, heated steering wheel, premium and value package. This is with NO money down except for the fees and first month payment. I have a 2008 CX-7 that has a year left on the lease and they are going to appraise it and see if a deal can be worked out. Besides having my truck to trade in, is the lease price I recieved a decent price? ANy opinions on getting rid of my lease early? Thanks so much in advance for all the help!
  • nyccarguynyccarguy Stamford, CTPosts: 7,650
    To see if your lease is a good deal, we need to see more than just the monthly payment. What is the MSRP & selling price of the car? What is the money factor you were quoted (dealers sometimes mark this up to make back end $)? What is the residual value? How long & for how many miles are you leasing? Does your payment include sales tax? What is the sales tax rate where you live?

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • It's a 36 month/12,000 mile month lease. It includes sales tax, no cap cost reduction, and the MSRP is $42,870. Sales tax is 7%. I definitely need to bargain a little bit. I am going back Thursday morning to talk prices more in depth. I just wanted to get a basic idea of approx how much a lease should be per month. Thank you for responding!
  • I am in the process of leasing the 328 as well. First time leasing car. What does it mean "$1,795 Dealer contribution and $1,840 Option Credit".Can you reduce the MSRP of the car by the amount of 1795 and 1840, hence paying lowering monthly payment.

    Thanks in advance for your reply
  • kyfdxkyfdx Posts: 29,077
    Posts about other members, rather than the topic of this discussion are not allowed or appreciated....

    So.. if your posts are gone, you know why...

    Now, let's stick to the topic, please...

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Thanks. I was in this board earlier this morning and was looking for a link to report off-topic offensive messages.
  • I was in a BMW dealership today finalizing a purchase of a 3 series. I had previously agreed to an amount over dealer cost. I was surprised to see two amounts listed as dealer cost "MACO" for $250 and "Training/Service Fee" for $200. The rep explained that those were actual charges from the factory on my specific vehicle and were part of the dealer cost. I have not seen any reference to these charges in my on line research. He did say that each state/region might be charged something different here but that they were standard factory charges. He said he could not waive these fees essentially eliminating the margin we had agreed to. I did not finalize the deal. Does this make sense and is it fair? Any information here appreciated. Thanks.
  • Been driving my 7K miles 2010 328Xi for about 3 weeks now. Owned a Honda before. I find the car is sluggish to accelerate from complete stop (stop sign/red lite)..I am not sure if its to do with not pressing the pedal hard enuff (having been used to Honda) or if theres something wrong with the car? I got honked at a couple of times for not taking off fast enough and when I tried to press harder at other times, I ended up jumping out with a jerky motion....I am told the 0 to 60 is pretty good in these cars, but I actually feel my Honda accelerated more effortlessly minus the sluggishness, than my bimmer, which upsets me.....any thoughts?
  • qbrozenqbrozen Posts: 17,397
    edited September 2010
    Depends on what configuration your Honda was, but if a previous gen V6, then it was, in fact, faster than a 328xi. The bimmer can be a quick car, but you've hampered it with AWD and an auto trans.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '14 Town&Country

  • after reading posts on this site for two months, i pulled the trigger. just ordered a 2011 328xi, auto, prem pkg, prem color, value pkg, and xenon lights. 36 month lease/10,000 miles per year with $2,500 total out of pocket for $415 per month.
    long island, new york. the money factor and residual are great and the cap cost was $300 over invoice.
    drove the g37x and bmw 328xi back to back, the g37 is faster. but the overall cars are not even close.
    tuning in a 2008 a4 2.t, great car, burns oil. the current audi lease program is really poor.
    second car is a 2010 audi Q5 3.2
  • Just curious, what did the dealer say about your 2008 CX7 and how will that add to your lease?
  • MACO and training fees are typically part of what a BMW dealer includes in the invoice price. These have been discussed elsewhere in these forums. Your best bet is to take your deal to another dealer and find out if he will beat it.

    Don't wait too long as I have heard that there is a 1% price increase coming on 10/1, but may not apply to orders in the system on that date (or inventory.) The increase could equal the savings you might get by going to another dealer.
  • Hondas, Nissans and Toyotas seem to be tuned to win the battle of the stoplight. I don't know how many times I have seen the futbol mom scream off the line in her Odyssey, Quest or Sienna. As opposed to leaving stoplight rubber, I have always preferred the torque which sports sedans have for coming out of tight curves, accelerating onto freeways and passing on mountain roads.

    In addition to that and what gfrozen identifies - the AWD as an inhibitor - if I use sport or the manumatic in my 328i AT, it is pretty quick.
  • First time leasing, looking at 2011 335i coup, MSRP $53,290
    Selling price $51,290 Residual 0.69 Money factor .00215... state tax 6.5%
    With 24 months term, $10,000 down and $540 a month.

    Thanks
  • This seems like a horrendous deal on the surface for the following reasons:
    1) $2k off MSRP is poor. You should be looking for $350-$1000 over INVOICE
    2) The 9/2010 buy rate for a 24 month lease is .00175. Where do they get .00215? Possibly a credit score issue?
    3) Never, ever put any money down on a lease (cap cost reduction). If you wreck the car leaving the dealer or it is stolen, that money is gone. Put it in a bank account and draw payments from it.

    Please take the time to understand how leases work!
  • Thanks for the advice.

    1). Edmunds show the invoice for the same package I am looking at is $49,055. I will go back to negotiate on the price
    2). I have pretty good score (over 750)... not sure where they get the money factor from. The reason I was given 24 month lease is they said the term could be only as long as the visa duration here in US.
    3). Good point, I am going to do some research on leasing to understand how this works.
  • Check out www.bimmerfest.com and look at the 3 series e90... forum as well at the "ask a dealer forum". Tons of good info there!

    The money factor could have been marked up by the dealer, but they usually don't go more than .0004 over the BMWFS "buy rate" (I could be wrong on the number, but they are limited as to how much they can mark it up). One other thing, make sure the acquisition fee is $725. They are allowed to mark up to $925 and that's just pure profit.

    Good luck with your negotiations!
  • Folks going for my first bmw....looking at one 2006 BMW 328i with 42,000 miles, and premium package. It is a CPO with warranty til 2012. The listed price is 18,991 was thinking of offering $16,000 but not sure if that would be too low. Any suggestions please! Thank you all.
  • rangers11rangers11 Posts: 3
    edited October 2010
    I bought a 2011 328 coupe with Xdrive in September and am awaiting delivery. Does anyone know if the rates changed for the BMW Select financing from September to October? I paid $43,675 with the following options listed below. My monthly payment is about $490 with nothing down or out of pocket over 5 years with a balloon payment just under 18,000. Is this a good deal?

    Premium
    Automatic
    Navigation
    Harmon Kardon
    Satelite Radio
    Metallic Paint
    Heated Seats
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