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

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Comments

  • konacougkonacoug Kailua-KonaPosts: 194
    This is a terrible deal!!! You should be able to get a new 2013 328i for at least $1000 under invoice with the current incentives that are out there. I would think that a "fair price" for a used car would be about 31K. The warranty has already started on this vehicle, whenever the vehicle was "punched" by the dealer. It also depends on which area in the country you live in, on the availability of deals.
  • sony6sony6 Posts: 2
    I am planning to lease a 320 i, 2014, Black BMW with heated seats, moonroof and wood trim for $600 down and $400 monthly. The lease is for 3 yrs with 10K/yr, is this a good deal?
    MF.00125 and RV 63%. I live in NC.
  • MichaellMichaell ColoradoPosts: 7,252
    What are the MSRP and selling price that gets you to the $400/MO?

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  • sony6sony6 Posts: 2
    MSRP 35,525
    Selling price 33515
  • MichaellMichaell ColoradoPosts: 7,252
    On the surface, it looks to be a good deal. My co-host kyfdx can also weigh in with his opinion as he has the particulars behind any BMW lease.

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  • To HOSTs,

    What are the current MF and residual for 2013 and 2014? I noticed on the 5 series the residual is way higher on 2014 (additional 6%) negating any benefit of the build out incentive ($3K) for 5 series. So I would like to compare both years and decide if i should take the 2013.

    328i sedan:

    2013 MF & residual 12K and 10K leases
    2014 MF & residual 12K and 10K leases

    thanks in advance.
  • kyfdxkyfdx Posts: 30,476
    2013 328i Sedan 36mo, 12K/yr
    .00125 MF and 58% residual $2000 build out cash and $500 owner loyalty

    2014 328i Sedan 36mo, 12K/yr
    .00125 MF and 60% residual $750 option credit cash and $500 loyalty

    Add 1% for 10K/yr residuals

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • amroamro Posts: 3
    2014 328i xDrive Sedan. CUSTOM ORDER.

    MSRP is $50,875 dealer's selling price is $47,000 (7.6% off MSRP)

    What do you guys think?
    Also, I keep hearing "Build Out Credit"......how does that work?

    Thanks,
  • zoombie99zoombie99 Posts: 124
    The credit comes off MSRP. You should be paying around 500 over invoice before the option credit or other credits. You should consider getting DHP.

    If you are doing a build, confirm the dealer's allocated week for the build. Some people have waited over a month for the production to commence. I only had to wait a few days.

    Also BMW should start having "holiday cash" promotion in November but no one knows what it will be.
  • zoombie99zoombie99 Posts: 124
    BTW, I lucked out. I ordered my build on my 428x on September 24th. The boat with my car is currently off Long Island and will be docking in Newark tomorrow morning.
  • amroamro Posts: 3
    You did get lucky. Your car must have been already on the line when they sent in the order:)
    Dealer told me it could take 4-8, but I will ask them and perhaps this will give me a better idea of what to expect. Thanks for pointing that out.

    According to KBB and TruCar I am below invoice. Do you know if option credits apply if you are buying the car or is it only for leasing? Should I try to squeeze more?

    Thanks for the advice, I can't seem to find one with DHP and I worry about ordering something I didn't drive.......All the online reviews seem to recommend DHP with xDrive, but a couple have mentioned that it makes the suspension softer than standard in comfort mode and firmer than the RWD in sport mode.
  • zoombie99zoombie99 Posts: 124
    edited October 2013
    6 - 8 weeks is the norm. Also, the cars take longer to get to the west coast. Mine was just luck (assuming that I can get delivery this week)

    You can get the option credit if you lease or buy through BMWFS. I don't know if you can get it if you use other financing. If you have the cash, you can use BMWFS and get the credit ( pay it off in a few months) .Just check with your dealer on restrictions.

    Getting below invoice before the application of credits is very rare especially on a build. Something seems to be missing.

    I didn't get a chance to drive one with DHP since very dealers few had the 4 series when I ordered and the dealers weren't going to get models equipped with it.

    I had to go by the many posters on another site that praised it. I am leasing and my residual value was 60 %. In my mind, I was paying $400 for the DHP spread over 36 months plus tax and interest.

    Good luck.
  • I am looking at 2014 328 w/ premium, technology, dynamic handling. MSRP of 45475 and I received an email quote of 41399 - which was well below all the others I received.

    Is this a great deal? As its substantially below other quotes, are there other questions I should be asking to verify it?
    Thanks
  • 03ex03ex Posts: 4
    Hello,

    I am in the market for and soon ready to pull the trigger on a 2014 328d Sedan xdrive lease.

    My options consist of...

    Glacier Silver Metallic
    Sport Trim
    Lighting package
    Technology Package
    Driver Assistance Package
    Premium Package
    -Black Dakota Leather

    MSRP: $50,175

    Obviously I need a target price before taxes (Maryland) and looking to keep my payment at around $500mo with 15K a year 36mo. Stellar credit (790's). What is the best tact to move forward with this purchase, i.e. money down..etc? I do not want 12K miles but could do 13 or 14K too. Any help on the best approach forward would be great!

    Thanks!
  • zoombie99zoombie99 Posts: 124
    What is the invoice price?
  • zoombie99zoombie99 Posts: 124
    You want to be $500 over invoice before any credits. Are you ordering a build? If so, when is the dealer's next allocation for the build?

    Also, some people are hoping BMW will have a ECO credit soon on the 328d but no one knows when and if it will happen. Who knows, November 1st is only in a few days. BMW should be offering Holiday Cash at least.

    You also need to find out the money factor from the dealer.
  • konacougkonacoug Kailua-KonaPosts: 194
    I highly recommend you educate yourself about BMW leases. There is a wealth of information available on other Bimmer forums. The stellar credit is fine, but anything above 675 is top tier for BMWFS leases.

    Don't ever go into a dealer and tell them you want a payment of XXX, All they will do is work the numbers around and give you that payment. You could have the payment you seek, but get totally hosed on the price of the car, the money factor, etc....

    I could go on and on, but do yourself a huge favor, go to another forum, educate yourself.

    If you put in a little time, you will save thousands and won't have to ask, "is this a good deal?" Most people that ask that....the answer is no...because an informed consumer knows, before he ever accepts a deal.
  • 03ex03ex Posts: 4
    First...@zoombie99

    Yes this will have to a build, lead time is 6-8 weeks. I appreciate the info about the holiday cash, didn't even think about that. I will make sure to approach the dealer with this information.

    With BMW is there something else that could be done rather than throw money down to keep my payment where I want it to be for the duration and mileage allotment?

    Second...@konacoug

    I appreciate the advice on going onto the bimmer forums, however that is redundant of going on here. Furthermore, let me ask you, if my monthly price is met with my allotted miles, why does it matter what the MF and price is if I am going to turn around a trade up in 3 years anyway? This would only be a factor if I were selling the car for a price versus what I owe. Indeed I am not well informed because I have never owned a BMW, hence why I am here.
  • Invoice according to Edmunds is $42,335. So his quote is 300 below invoice.
  • leased a 328I white with premium package and heated seat for $400 total drive off and $431 including LA county tax per month. 36 month lease, 12k mileage allowance per year.
  • MichaellMichaell ColoradoPosts: 7,252
    The money factor is the lease equivalent to the interest rate ... lower is better. As has been noted, this is something the dealer can mark up.

    Selling price, too, is important as a lower selling price will result in a lower payment.

    Conversely, you want to find a high residual percentage.

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  • mb_10mb_10 Posts: 2
    MSRP: 53,875.00
    Selling: 49,000.00
    Total out of pocket: 1,967.56
    Payt: 541.61 +Tax= 590.36
    10k miles

    thoughts? thanks.
  • konacougkonacoug Kailua-KonaPosts: 194
    The reason I pointed out another potential forum, the info is easier to understand and explains all the ins and outs of leasing. I am just here to help people get a good deal on their BMW. I got hosed the first time I leased and I wish that I had more info about BMW leasing.

    Anyway.... this is your money, why spend more than you need to? I will give a simple process.. go on KBB and build out the care the way you want it. You will then have the MSRP and the invoice price. According to your build, I get a 50675 MSRP and 46580 invoice. You need to use a lease calculator to figure out your payment, by inputting all of the relevant data. The best way to reduce your monthly payments is to use Multiple security deposits. Each MSD, can reduce the money factor by .0007, with a max of 7 can be used for a total discount of .00049.

    I am guessing your payment is well above $500 per month on a 12K mile lease with a 59% residual. I wouldn't know the correct amount until I would have the selling cost, money factor, other fees and taxes.

    With MSD's I am getting a rough payment of $582.
  • konacougkonacoug Kailua-KonaPosts: 194
    More info needed.... what is the money factor? Are you getting any incentives or rebates? What other fees are they charging you, Acquisition fee, should be $725, doc fee any other fees? Off hand it looks okay. But, having the other info will help.
  • zoombie99zoombie99 Posts: 124
    I agree with konacoug, you need to read up on a leases.
  • mb_10mb_10 Posts: 2
    thanks, one other question, if I'm over mileage on my existing BMW lease is it legit to pay the penalty or should they eat that as part of my new lease? I'm
    telling them they need to eat it.
  • 03ex03ex Posts: 4
    @Michaell@Edmunds

    Yes I am aware of that, I lease now, used to be 2 Acura's and now I just got an Audi TDi on lease and a remaining 2011 Acura. But thank you, I understand why you mentioned that.

    @konacoug

    MSRP with packages $50,175
    Invoice with packages $46,155

    I was looking to put down 5-7k so I should equate that into MSD's instead?
  • flightnurseflightnurse 35K feetPosts: 1,670
    why are you putting down 5-7K on a lease? The premise of a lease to put down as little as possible you will lose that money on a lease...
  • Hi all. Looking to buy a CPO BMW 328 for the first time. Please give me a quick feedback to the offer I've received.

    2011 328 xi S
    30K miles on it
    Deep Sea Blue Metallic
    Gray Dakota Leather
    Convenience Pkg
    Premium Pkg
    Value Pkg
    AWD
    Steptronic Automatic
    Heated steering wheels
    Navigation

    Offer is $26,500. Is this a good enough price to take?
  • 03ex03ex Posts: 4
    Right, so I am asking should I equte that amount to MSD's instead?

    With Acura I never really put any money down so it was not an issue.
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