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

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Comments

  • kyfdxkyfdx Posts: 28,054
    Have you tried the other dealer in Columbus? The word I hear on other boards is $1500 off a new '04 is pretty good. The reason he is pushing you to take the one off the lot is the bird in the hand thing...

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • hxs30hxs30 Posts: 6
    Thank you, kyfdx for your insightful dissection of the deal of the new 325i with steel blue, gray leather, auto, moonroof and heated seats.

    The car we desire in that particular specification is currently not existing. The dealer says it can be ordered now and will be delivered at around 6/10/04. Does that mean that we have to pay extra, such as acquisition fee?

    Thanks again for your help.
  • kyfdxkyfdx Posts: 28,054
    I think the acquisition fee is already figured into your upfront cost of $1816.. I would ask them to break down that figure, so you know what it includes. I would also find out what the payment would be after taxes.

    If you make the deal this month, the lease program is locked in until the end of June. They must have a car allocated that they can still change the options on.

    I think you have a pretty good deal. Once you see the breakout of the fees, you could ask them to remove any document fees (these are just padding), or if acquisition fee is over $525, ask them to reduce it to the base rate... Otherwise, you could ask them to drop the money factor to the base rate (.00125).

    Since your deal is just for $500 over invoice, they may not be willing to do any of those things. It is still a very fair deal, especially since you are ordering it just the way you want, and not paying for any extra options you don't need.

    You might ask them what happens if your car doesn't show up on time? Specifically, if it shows up after July 1st. The lease terms probably won't get any better on this car than they are right now. Don't let the deal get away over $500.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • We currently have a 98 328 that is fully loaded, that we bought 2 years old (Certified Pre Owned)with only 15k miles on it. It now has 80k, and we want to trade it in. We have to purchase due to my husband's work commute. The dealership has a Certified Used 03 325xi that is AWD, with premium package and heated leather seats. Now, I've been shopping around awhile, and there was a big rebate on the leftover 03's at the end of last year. Should this have any play in what I should pay for this particular vehicle? Also, are there any current incentives that may make an 04 just as appealing? Any advice would be greatly appreciated!!
  • kyfdxkyfdx Posts: 28,054
    The only incentives on '04s are special lease incentives. However, anything that brings the cost down on a new car is going to negatively affect the value on a year-old used car of the same model.

    You don't say how many miles, or if the car is automatic, or what color it is, but in general, you should be looking at under $30K for an '03 CPO 325xi. In general terms, the CPO should be at least $7K less than the MSRP of a comparable new one. If it is less of a difference than that, then I think the new one would be the better buy.

    The CPO makes a lot of sense if you drive a lot. If it is one year old or less, and has less than 15K miles, you could drive it for five full years under warranty at 18K miles per year.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • We currently have a 98 328 that is fully loaded, that we bought 2 years old (Certified Pre Owned)with only 15k miles on it. It now has 80k, and we want to trade it in. We have to purchase due to my husband's work commute. The dealership has a Certified Used 03 325xi that is AWD, with premium package and heated leather seats. Now, I've been shopping around awhile, and there was a big rebate on the leftover 03's at the end of last year. Should this have any play in what I should pay for this particular vehicle? Also, are there any current incentives that may make an 04 just as appealing? Any advice would be greatly appreciated!!
  • It is an oriental blue with beige leather interior and has 19k miles on it. Making sure it is 7k less than MSRP on a new one is great information. We felt that CPO is the best option for us b/c of the 100k mile warranty. It's just difficult making sure that we don't get "suckered" in the process, and end up paying more for a CPO than we would've for a new one. Thanks again for the info!!
  • confusedconfused Posts: 4
    I'm going to the dealer today to negotiate on a 2004 325cic with premium pkg, sports, automatic, cwp, xenon, metallic paint and H/K audio. Any advice on what would be a good deal? MSRP is $45,670 and invoice is $41,835. I understand that it is difficult to get a convertible under invoice. Any thoughts as to where I should be on price? Thanks
  • lwvlwv Posts: 32
    Thanks to the information on this board and lease board, I was able to lease my first BMW. I think I got a decent deal.

    2004 325i
    Sport/Premium
    Xeon
    HK
    Floor mats
    Steptronic
    Titanium with black leather
    MSRP: $37,870

    36 month 15k/yr lease

    Paid first month payment of $451 down. 35 more at $451 plus $350 disposal at end of lease. I think money factor was .0014 which is more than some have quoted but out of pocket seemed good so went for it. No sales tax as they had tax credit. Tags and license included. No money up front but the $451 first payment.

    Do you think I did ok? This was in Texas.
  • drharrisdrharris Posts: 7
    Just placed an order for a fully loaded 330 CiC (in Northern California), SMG, sport, premium, cold weather (even in Calif., it's nice to have seat warmers!), nav system, the works in Mystic Blue / Gray leather.

    MSRP is $52,740. We settled at $50,000 even. The catch is the financing. Because I don't need the car until September, I'll work the financing when I get close to delivery. I had to decide now because of incentives on my current lease (Saab). Once I drove the SMG, it was no contest though.

    Let me know your thoughts on the price and any advice on negotiating the lease.
  • ger3sfger3sf Posts: 29
    On 3/30, I ordered an 04 330CiC (Mystic blue, black top, Nat Brown, Sport Pkg, SMG, 18" wheels, Nav, Xenon, Htd seats) for European delivery....US MSRP of 51670, ED price of 45990.

    My deal was approx $1,500 above ED invoice. To me, this was a fair price since the dealer secured the ED date that I wanted.

    I locked-in the March lease terms by submitting (on-line) the BMWFS application on 3/31. The lease terms are: 36mo/45K, 58% residual, 0.0014MF, zero cap cost reduction, $551/mo plus sales tax.
  • I have negotiated as far as the dealership will go, and they've come to 30,500(down from 31,900) on a 03 325 XI with 19k miles on it, premium package, and heated leather seats. It is also CPO.We have outstanding credit, and they've offered us an APR of 4.49.
    Could I do better in price and/or APR? I dont' want to lose a good deal, but also want to make sure this is one. The MSRP on a 04 of with the same features is 36,400.
    Also, I want to know why an 03 is already on the lot with 19k miles on it. I will ask, but is there anything I should be wary of? Do they have to be honest about where it came from?
    Thanks-this board is priceless!!
  • I purchased a 03 330i from a private party several days ago. I ran a car fax and also ran the VIN through BMW. Everything checked out. The car has sport and premium packages, step, xenon, titanium silver W/gray leather and tinted windows. It has 7,500 miles on it.The mileage checked out with the BMW dealer. The owner was being transferred overseas in five days and had to sell. I paid $34,000 for the car and since there is no sales tax in AZ when buying from a private party, I think I got a good deal. By the way the car is pristine with not even a pin prick scratch on it. Prior to buying I checked Edmunds, Kelley and NADA and the prices given ranged from $34,000 to $37,500. Did I get a decent deal?
  • kyfdxkyfdx Posts: 28,054
    An '03 could be 18 months old, so 19K is not a lot of miles. And, no, the dealer doesn't have to be honest about where the car came from or if its had body work, etc... He may not even know or care about all those details. The big advantage of buying CPO is the car has that 100K warranty to protect you down the road. I'm not suggesting there is anything wrong with the car, but I wouldn't depend on them to tell you. You can ask them to print out the vehicle history. That will tell you when it was serviced, and at what mileage. It may even tell you if BMW had to do any body repair to the car.

    Every used car and dealer is different, so it is hard to say if you can do better than that price. I personally think it is about $1K high. If I could get the new one for $34,5K, I would rather have that, than the used one at $30.5K. The APR looks fair for an'03, but check with your credit union if you have one, or the bank where you have your checking account. Most will give new car rates on an '03.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • kyfdxkyfdx Posts: 28,054
    After the fact... but, it looks like a good price. No sales tax on private sales? You can't beat that.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • nyccarguynyccarguy Stamford, CTPosts: 7,468
    brislance: Looks like a great price. That '03 sounds like it stickered for well over $40K. Congrats on finding a great usd car!

    lwv: That $451/month sounds like a good deal on a $37K+ car.

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

  • eagleeye3eagleeye3 Posts: 44
    I am interested in buying/leasing a 325I in the San Diego Area. I was wondering if it was possible to "order" a 325I with the specific options you desire and still obtain a deal that is $1500 - $2000 under MSRP. For instance, I don't believe I need the full premium package, instead adding the sunroof and power seats a la carte to Sport, SMG, Xeon, and HK seems like a better choice. Is this realistic? Also, does anyone have any feedback re: dealerships in the North San Diego/San Diego area? I live in Carlsbad.
  • You can't beat the lease deals on a 3 series right now and you can always lease a 3 for 2 years then turn around and buy the new 3 series which in coming out in 2 years. If you lease, it is not worth the change in your payment to worry about not getting the premium package(premium will increase the residual value of your lease as well as the msrp) so when leasing the difference is really negligible. I have a spreadsheet so email me at aol if you want it. It will also make negotiating easier to buy a car they have on the lot. Please see the lease board for some very informative posts on the 325i. You can't beat the lease incentive lately.. Just my opinion but I think it would be crazy to buy this car with a body style change in the near future given the money factor (73%) and residual (.00125) on a 2 year lease.
  • kyfdxkyfdx Posts: 28,054
    Have you driven the SMG? It seems most people think the Steptronic or manual are better choices. I agree with ashleyandersin.. with the leasing incentives, it makes more sense to lease than buy, though I would still lease for three years.

    You will have a hard time ordering, and getting the car by 6/30/04. You have to take delivery by then to lock in the current lease deals. That would make the savings of not getting the premium package negligible. At most you are saving perhaps $13-$18 per month, and could possibly cost yourself much more than that, if lease deals aren't as good later.

    If you can live with the steptronic, you should be able to find plenty of inventory equipped the way you want right now. You may be able to bargain hard enough on a lot car, to make up for the cost of any extra options you don't really need.

    Your option list looks good.. I wouldn't let the HK be a deal breaker. I have it, and its better than not having it, but I wouldn't say its worth $700. I wouldn't have it without Xenon and Sport, though.

    regards,
    kyfdx

    EDIT: Leather?? You might have a harder time finding a car equipped that way, if you don't want it. Most with premium and sport packages will have it.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • My 330CIC is in the processing center. I ordered the car and got $1750 off MSRP. That's pretty good. I'd start with $2500 off MSRP and work it. Settle for anything over$1500. If you lease realize they can make up for it on the lease. If trading in, realize they will try to make some up on the trade-in. Good luck!
  • lwvlwv Posts: 32
    nyccarquy - thanks for the reply. I am really enjoying the car. I had looked at one last year when they had the dealer cash on 03s, but could not find the equipment and color. This one had the equipment and color that I would have ordered, so went for it.

    Thanks for helping all of us.
  • Kirstie_HKirstie_H Posts: 10,851
    For tv news, we're seeking people with first-hand experience that Kelley Blue Book's pricing does not reflect real world used vehicle values (trade-ins and/or sales.) Please contact jfallon@edmunds.com by Friday, April 23, 2004 if you'd be willing to be interviewed on camera on this subject.
    Thanks,
    Jeannine Fallon
    PR Director
    Edmunds.com

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  • hman709hman709 Posts: 11
    Hi everyone,

    I just bought a 325xi (metallic paint, auto, premium and heated seats) for $34130. BTW, did the invoice price of the 325xi increase from $29850 ?? BTW, the price also includes floor mats which i would think should not even be discussed for 30k+ car.

    Also, the sales person was asking me if i want to turn daylights on ? Does that burn the headbulbs faster? Any adavntage one way
    or another ?

    Any last minute freebies or things to get before i sign my
    hard earned money away? :)
  • Hi everyone, im in the market for a new 325ci convertible, i received a lease price of 597 a mnth for 36mo/12kyr. The car was steel grey with black leather, prem, steptronic, cwp, and xenon. Msrp was about 45000. Is this a good price? I would be paying the taxes upfront. Does anyone have a similar car and lease it? How much do u pay.
  • sageradsagerad Posts: 5
    I will be trading in a 97 328ic for either a 2002 325xi wagon (black) with 28,000 miles or a 2003 325i sedan (metallic blue) with 7000 miles. The cost for both cars is about the same ($28,000).

    To me, the trade-off is between the mileage of the 2002 being significantly greater than the 2003 versus having the convenience of the wagon and the safety of AWD. So should I be concerned about buying the more "used" car. I plan to drive either car for roughly 8,000 miles/year for at least 5-7 years.
  • shap1shap1 Posts: 77
    I run my daytime lights all the time and have only had to change the bulbs once in three years. Hope that helps.
  • kyfdxkyfdx Posts: 28,054
    1) 2002 vs. 2003: Check the inservice dates. If the wagon was put in service in the fall of '01 and the sedan was July '03, there could be a 20 month difference in warranty expiration. To me, that would be significantly in favor of the '03.

    2) 28K miles vs. 7K miles: Care of the vehicle is much more important, the more miles there are. I have rarely seen a car with under 10K miles that had condition issues. The older car could have been owned by an uncaring owner for 2.5 years.. This is definitely in favor of the '03.

    3) Wagon vs. Sedan: I happen to like wagons, but most think you are giving something up in appearance. Unless you really have to haul a lot of stuff around, or take long driving vacations with 3 or more people, I don't see it as a necessity from a utility point of view. If you like wagons better, though, score one for the '02.

    4) All-wheel-drive vs. rear-wheel-drive: All wheel drive will give you better traction in the winter. But, BMW's system is far from state of the art. If you were choosing between an A4 with fronttrack or quattro it would be a no-brainer, but there are compromises with the 3-series. The negatives: increased weight, poorer handling, lower gas mileage, higher maintenance costs, higher ride height (appearance). I don't know where you live, but assuming its not Minnesota or upper Wisconsin, I give the nod to the sedan. A set of 16" winter tires on the sedan will give it better winter handling than the wagon with all-season tires and 80% of the traction. For those that have to have all-wheel-drive, a 3-series is a great car, but if you are still making that decision, I vote against it.

    5) If the cars are optioned similarly, then the '03 looks like the better buy.

    Okay, what color blue? LOL

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • sageradsagerad Posts: 5
    Kyfdx,

    Thank you for the excellent, point-by-point analysis.

    As for the warranties, the wagon is CPO and has 3 1/2 years of warranty left. The sedan was used by the dealer as a loaner car for service customers--it has never been titled.

    As for the need for a station wagon and AWD, we have an SUV (Lexus LX470) which serves any station wagon roles and yet another car that I can drive in the winter (Volvo 850) in St. Louis. The BMW purchase would be primarily for commuting purposes (average 120 miles/week) and errands, rare short car trip by myself, etc.

    Thank you very much. Your comments are extremely helpful. I will pass on the wagon and may wait instead for a low mileage coupe, which is what I would really prefer.

    SageRad
  • kyfdxkyfdx Posts: 28,054
    One more note.. in case you decide on the '03.. Even though it hasn't been titled, it will still have an in-service date. The warranty clock is already ticking. Most BMWs put into the service loaner program have an extra 3 months/5K miles full warranty added on to the original warranty.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • sageradsagerad Posts: 5
    I thought a good bit about your comments and about my reasons for getting the new car. As I pulled into the dealership there was a moment of clarity, and I saw what I really wanted: a silver coupe. So I bought a 2001 Silver 325ci coupe with 25,000 mi and every option including Sport and Premium packages. It's CPO with a warranty that extends to 12/06. It was returned within the last month from a lease. I do not know why anyone would return it. ;-

    Thank you for your insights and analysis.
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