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

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Comments

  • konacougkonacoug Kailua-KonaPosts: 194
    I think that waiting the dealer out, is an excellent solution. If the car is still there in a month, then you can tell him, seems like it isn't in so much demand after all....but try not to smirk....

    I have to tell you after having manual transmission most of my life.... I don't miss shifting at all in my 328i. The 8 spd auto is very efficient and in sport mode it is like a bat out of hell. Unfortunately, here in Hawaii, one can not really open up a car here on our roads.

    I have heard that there are direct to dealer incentives from BMW, not seen by the public. This might help him make a better deal for you.
  • flightnurseflightnurse 35K feetPosts: 1,631
    Call his bluff, if it was "in demand" it wouldn't be sitting on his lot, remind of that. Tell them if they want to make a sale today, then deal, if not, I'll go some place else and buy...
  • Hi guys,

    I just read the news that all 2013 BMW3 series are being recalled due the the break problem. I spoke to dealer today and he seemed to be unaware of this recall. The news says the dealers are not allowed to sell the vehicles that need fixing.. how do i find out if he is selling the car with break problem????
  • albert72albert72 Posts: 141
    edited November 2013
    I am wondering if BMW has incentivized dealers to move more units?

    In todays WSJ there was an ad for a 320xdrive 36 mo 10k lease at $269/mo. $2999 due at signing. Ad says $500 in option allowance and $500 in loyalty $$ are part of the deal. MSRP on advertised model is $37,025 includes heated seats, sunroof, ipod adapter, hands free bluetooth

    I had thought that a year or two ago, BMW did this and many dealers bought the cars to get rebates from BMW (Had thought at the time, the rebates were up to $7k).

    Naturally, the dealers kept mum about this and tried to keep as much of the manufacturers incentives for themselves.

    I am actually trying to get away from the whole leasing thing and normally would not even consider a BMW (great car but more than I can afford) but when I saw the advertisement...

    Any info is appreciated.
  • flightnurseflightnurse 35K feetPosts: 1,631
    According to BMW web site this is the current "deal" on a 320i:

    Well-equipped including features such as Premium Package (Moonroof, Comfort Access, Satellite Radio), iPod/USB Adapter, Hands-free Bluetooth and Destination charges.

    $279*/month for 36 months 10K/Yr. $500 Option Allowance, $500 Loyalty Cash are included in payment.

    • $3,754 Cash due at signing

    -----------------------------------------

    Yes BMW is subsidizing these leases, if you don't want to lease any more look at BMW select financing.
  • flightnurseflightnurse 35K feetPosts: 1,631
    Where did you read this?
  • You are correct. BMW gave the dealers additional incentives in November and there is a push on the 3 series. This is based on a posting by a dealer on another forum but they won't disclose what the incentives are. The incentives are directly to the dealer, not the buyer.
  • konacougkonacoug Kailua-KonaPosts: 194
    this actually not all that good of a deal and requires dealers participation too. That being said, there is more cash involved than the $3754, the Acquisition fee of $725, DMV fee, taxes, doc fee and other fees that your dealer could throw on there. The fees have to be used to de cap the lease too, which is never a good idea.
  • konacougkonacoug Kailua-KonaPosts: 194
    there was some issues with the brakes, several months ago, but only some of the models were effected. However, any effected models are not allowed to be sold.
  • kyfdxkyfdx Posts: 28,450
    edited November 2013
    On the 2013 and 2014 320 models, they raised the residual by 3%.. effectively cutting the lease payment by $30-$35/month..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • konacougkonacoug Kailua-KonaPosts: 194
    Actually a good lease is the way to go on a BMW. Unfortunately, most people don't understand how the lease is structured and lack the information to make an informed decision. I will say that I got "took" on my first BMW lease, but since then, I have taken the time to educate myself.

    These advertised deals, are not all that great and if you look at the small print there are a lot of substantial fees still required. Keeping that in mind, you should be able to get a 320 x drive for a very reasonable cost.

    Configure the car on KBB, (they have 2014 prices), get the invoice price, check on incentives you qualify for, then email your build, along with your offer to dealers in your area( I would offer something like $500 over invoice, minus the incentives). Make sure you include in the offer the base money factor and acquisition fee.

    Finally, if you can afford the extra cash, do the multiple security deposits, which will reduce the money factor by .0007. You can do a total of 7 MSD's for a reduction of .00049. On a 320, it should save you about $30-35 per month and the MSD's are returned at the end of the lease.
  • Based on that change, what is the revised MF and RV for a 36mth / 15k mile per year lease on the 2013 320iX sedan and 2014 320iX sedan?

    Thanks in advance!
  • kyfdxkyfdx Posts: 28,450
    2013 320iX Sedan 36mo, 15K/yr lease
    .00125 MF and 56% residual

    2014
    .00125 MF and 63% residual

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • dtd98dtd98 Posts: 19
    I'm interested in buying the 328d in the Bay Area and wonder if anyone has any experience in getting this diesel version of the 3er. Your input is greatly appreciated. Thanks.
    dtd
  • konacougkonacoug Kailua-KonaPosts: 194
    I recommend you contact Jon at Santa Barbara BMW, he is founder of the Bimmerfest forum and is a no BS CA, who provides great deals! From what I have heard the Bay area dealers do not give very good deals.
  • dtd98dtd98 Posts: 19
    Thank you konacoug. I will contact him when I am ready to buy. At this point, I like to know if anyone in the Bay Area got the diesel version of the 3er and the buying experience.
  • flightnurseflightnurse 35K feetPosts: 1,631
    Got costco web site and under services, click on auto sales, you can build any car you want this will give you invoice price on a car, this is good place to start.
  • Looks to me like with the current discounts, I should be able to get a 2013 328xi with sport line, navigation, cold weather and premium package (msrp is about 49k) for around 380/month for a 36 month lease with nothing down. That assumes a .00125mf and 58% residual and 7% tax rolled into the payment and selling price of under 43k. Can anyone confirm my math and whether you think this is feasible. Is BMW pushing to get rid of the 2013s now?
  • konacougkonacoug Kailua-KonaPosts: 194
    I don't think your payment will be that low, especially with the low residual. My 328i at below invoice, at 35k with 7 MSD's, higher residual is $340 per month. I also paid my drive offs....

    Your math is off... with no money out of pocket, it is more like in the mid to high 500's...I used 42k selling and 58% residual, added $725 acquisition fee, $1000 for DMV, taxes and first payment. Gave you a $500 rebate
  • Definitely no way you'd be able to score $380\mo...

    MSRP: ~$49k
    Invoice: ~$45K
    Incentive: ($2000)
    Sell Price: ~$43k
    Gross Adj Cap Cost: ~43K + $1000 (Doc & Acq)) = ~$44k
    ----------------
    With a residual of 58% and a MF of .00125 you'd be looking at payments of ~$560/mo with zero down.
  • Hi can someone let me know if it is a good deal?

    2013 328i XDrive
    Jet Black
    Cold Weather Package
    Premium Package

    MSRP: $43825
    Price: 39132
    Zero down, $2977.09 due at signing (Tax and DMV)
    Monthly payment: 450

    Thank you very much!!
  • flightnurseflightnurse 35K feetPosts: 1,631
    I'm thinking you could get it lower, also what is the Money Factor and length of contract and mileage... Also where are you buying this, what state/city... You left out a lot of info.
  • 36 months
    10K miles
    59% residual
    MF 0.00125
    Queens, New York

    Thank you very much!
  • Looking to lease a 2014 320i in Florida. What is the current residual and money factor on a 36 month lease with 10k miles? How much higher would 12k miles be? Also, is invoice minus $2000 the best I can expect price-wise? Thanks so much!
  • konacougkonacoug Kailua-KonaPosts: 194
    this is not a good deal for a 2013 model. With a $2000 incentive on the 2013 3 series, you should be looking at the least invoice, minus the $2000 incentive, which would be about 37k roughly. There is also an unknown incentive to the dealers out there from BMW. I would imagine it is at least 1k.

    I recommend you figure out the invoice and make an offer from that price. Don't let them, use the $2000 incentive until after the invoice price.
  • I don't see a lot of discussion about the 335i xdrive here and was wondering what price I should be looking for when trying to buy or lease. Should I be trying for invoice and then factory incentives on top of that? Would I be likely to get a better deal if I find one on a lot or if I ordered one? Trying to find one with just the navigation instead of the whole tech package is hard to do.

    Looking for a 2014 335i xdrive
    - M Sport
    - cold weather
    - driver assistance
    - navigation system
    - Harmon Kardon

    MSRP: $56,350
    Invoice: $52,415
  • Hi guys,

    I'm a brand new BMW buyer and looking to purchase within the month. I've done a lot of researching in terms of the car that fits my need and a good price range. Right now, I am looking at the 2013 MY BMW 320i or 320ix. There is one car at a dealer near me that has a 320ix with heated seat and lighting pkg for 37,000 (MSRP). I am planning on shooting an email over for a offer with 34,000 (roughly invoice or maybe slightly below) before the 2,000 build out credit (for 2013). So I am looking at a negotiated price of $32,000 before tax and fees. Does this sound about right? Or do you think I can get away with a lower price?

    Any feedback is appreciated, thank you.
  • flightnurseflightnurse 35K feetPosts: 1,631
    Here is what BMW is offering on their website as a special lease on a 2014 328ix...

    Well-equipped including features such as Premium Package (Leather, Moonroof, Comfort Access, Satellite Radio), Automatic Transmission, Power Seats, iPod/USB Adapter, Hands-free Bluetooth and Destination charges.
    $399*/month for 36 months. $750 Option Allowance, $500 Loyalty Cash are included in payment.
    • $399 First months payment
    • $2,750 Down payment
    • $0 Security Deposit
    • $725 Acquisition fee
    • $3,874 Cash due at signing


    I'm not too sure how they are coming up with your lease, there has to be some hold backs on the 2013's since I'm sure BMW wants them gone.
  • flightnurseflightnurse 35K feetPosts: 1,631
    I don't think BMW has the 2K build out credit I can't find it on Edmunds web site, so you might SOL on that one. I bought my 320i the beginning of Oct and got the 2K built credit and my MSRP was $34K mind has the Premium Pack, and leather seats. You might give it a try, all depends on how hungry the dealer is. Also if you can wait for Dec, I'm sure BMW will have something to help move inventory.
  • konacougkonacoug Kailua-KonaPosts: 194
    I think you are on the right track. I agree with you to send an email offer to their internet dept and not go in person, until you have agreed to terms. Also, you are indicating that you are buying, not leasing. If you are leasing that brings in many other variables.

    Also, I would look at other dealer inventories and make offers to any other cars you like. Always best to have multiple options, gives you a little more leverage.
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