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

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Comments

  • cerlmccerlmc Posts: 1
    Hello, Can anyone give me some ideas on what they think I should be paying for this lease.

    I'm looking to lease a 328i with premium package, xenon lights, comfort key, and parking sensor

    the msrp is 40, 275 invoice = 36,205- i also know a manager who says they can get it 1000 under invoice

    ive been quoted around 3000 out of pocket for $379month, please tell me what you guys think?

    Thanks in advance
  • In Houston, I just bought a 328i convertible with a MSRP of $53,225. Dealer originally only offered $2100 off of MSRP. Obtained internet quotes from local BMW dealers and got $4884 off of MSRP. Car was built to order and will be shipped from Germany which may account for lower price.
  • puffin1puffin1 Posts: 276
    edited March 2011
    Roadburner, is right I'd pass. My car sounds better taken care of than the one you'er looking at. I'd get a new Car faxfor $25.00 and don't they have all the service records. I keep mine and when I sell it I give all the service records and what I spent on extas, like a clear mask, all seasons etc.
  • puffin1puffin1 Posts: 276
    I bought my first BMW in the seventies I took a trip to Germany arranged by a friend who owned a dealership.I drove it and it was called a Gray Car as it didn't pass U.S. emissions.
    Someone on here can correct me, I got the car and had it converted to meet USA emission specs. I saved alot of money as I put 3500 miles on it in Europe. Anyhow, I shipped over.
    By the way, I'm Puff's dad
  • All -

    First time, long time. I just wanted to start by saying thanks to everyone in this forum who has posted before as you have been very helpful to me. I am a first time BMW buyer and was quoted today in New Jersey (7% sales tax) on this 27 month lease for a 2011 328xi sedan. It has: Space grey metallic color, black dakota leather, premium package, value package, steptronic auto, heated steering wheel, fold down rear seats, xenon headlights, and nav system.

    MSRP: $44,690
    Cap Reduction: $3,021
    DMV Fees: $318
    Money Factor: 0.00210
    Capitalized Cost: $42,155
    Sales Tax: $1034
    Bank Fee: $925
    Total Cap: $44,114
    Cap Reduction: $3,021
    Net Cap: $41,092
    Residual: $32,623
    Monthly Payment: $468.46 (for 27 months with $4k down)

    So total OTD price was $4000, which did included TTL, first payment, etc. I think the money factor is a big high, along with the monthly payment. However my friend say it was a pretty good deal. Your thoughts????

    Also how much would you say a comparable 335xi would run? I'm going to ask my CA on Thursday when I go back, I'm just hoping someone here could give me a number to work with before I go back.

    Thanks!
  • dew9dew9 Posts: 3
    I've been hunting for a good deal to buy out my lease which ends very soon. I have a 328i (Premium) with about 28K miles on it. My lease lists the residual at about 21.8k. The best offer I've received from any dealer in the vicinity is $24,500 for the car plus the extended warranty. That amount includes $1000 for the end of the lease payments. So essentially its $21,500 for the car and $2K for the extended warranty (no maintenance). I treat this car very well. No accidents and no rough driving. This seems pretty reasonable to me...or am I making a big mistake.

    My alternative would be to buy a similar pre-certified car (automatic + sports package) for $24,700 out the door from the same dealer (with the financing tricks I can get maintenance thrown in for free). The negative is I don't know who previously owned it and they put 6000 more miles on it that I have on my car.
  • coupedncalcoupedncal Posts: 252
    You should buy the car you have owned since new. There is less risk that way. Even if you have to pay a bit extra for it. My .02.
  • nyccarguynyccarguy Stamford, CTPosts: 7,127
    Buy your car, even if costs a little more.

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

  • roadburnerroadburner Posts: 6,030
    edited March 2011
    I wouldn't worry about the extended warranty on a 328i- especially if you're the original owner. I bought a CPO 2004 X3 2.5 back in 2005 and I never made a single claim under the CPO warranty. At 110,000 miles I've had no mechanical failures of any kind. I've bought one set of pads/rotors, two sets of tires, and followed the "old school" maintenance schedule. It's been the most trouble-free car that I have ever owned.

    2009 328i / 2004 X3 2.5/ 1995 318ti Club Sport/ 1975 2002A/ 2007 Mazdaspeed 3/ 1999 Wrangler/ 1996 Speed Triple Challenge Cup Replica

  • nyccarguynyccarguy Stamford, CTPosts: 7,127
    roadburner:

    I've kicked myself quite a few times for NOT buying out the lease on our former 2007 X3.

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

  • dew9dew9 Posts: 3
    Are you talking about the "Extended CPO Warranty" or the "Maintenance Warranty". One of the dealers (unfortunately one of the two with the lowest prices) is playing Three Card Monte with the terms. As I understand there are 2 types of "warranty". The Extended Warranty (major parts, electronics, etc.) and the Maintenance Program" (brakes, fluids, oil changes, etc). With respect to each:

    1. I've been told that I can only get the BMW Extended Warranty if certify my car which will cost an unknown figure. Until ten minutes ago, this was not the case. Now it is the case at at least 1 of the 2 dealers.

    2. Also until ten minutes ago, I could get the Maintenance Program if I finance my purchase at a high rate 6-7% and then pay out the lump sum remaining after Three Months to BMW Finance. Dealer #2 said that this is impossible because BMW Finance prohibits that a lease owner from buying out his car and getting into the finance program wherein maintenance provided at no additional cost. I called BMW Finance and they denied this. I suspect it might be a dealership by dealership decision.

    Anywhat, I thought I had a pretty good deal - about 24.5 for the car + extended warranty, and then the maintenance for 3 months of financing.

    Should I forgo all of the extra coverage and just buy my car straight from BMW Finance and tell the dealers to pound sand? Or should I man up and get some added protections, and if so, which ones?

    Thanks in advance.
  • roadburnerroadburner Posts: 6,030
    I wouldn't pay for either coverage. From 50,000-100,000 miles I spent $2,585 on maintenance as well as a four wheel brake job for my X3. Nearly $600 of that amount was for maintenance that BMW does not call for(ATF and transfer case oil changes and twice as frequent engine oil changes).

    2009 328i / 2004 X3 2.5/ 1995 318ti Club Sport/ 1975 2002A/ 2007 Mazdaspeed 3/ 1999 Wrangler/ 1996 Speed Triple Challenge Cup Replica

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,965
    If you are the original lessee or owner, you can buy the extended warranty and maintenance at any point before the original plans expire (which is at 4yr/50K).

    Also, you can buy them from any BMW dealer in the US.. and, with a little research, you can find dealers that discount those prices. For example, the extended maintenance on an E90 3-series has a list prices of $2095 and a dealer cost of $1595. Many dealers will knock $200 off without blinking, and others might go as low as $1750.

    However, if you don't drive a lot (and I've lost the thread on how many miles you drive), then these plans are of less value to you, though the cost is the same. They work well for those who have driven 45K-50K miles on their three year lease, and expect to do the same for the next three years.. For those that drive less, I concur with the others... not worth it.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • drew11mdrew11m Posts: 85
    edited March 2011
    Looking for thoughts on a CPO'd 2008 328i with premium/satellite radio/heated seats and moonroof.
    25k miles

    dealer listing as 27,350 Warranty remaining until 3/14

    Think there is room to move on this? I have some questions into the dealer on pricing but want to see where a fair price would be

    Thanks!
  • dew9dew9 Posts: 3
    Quick update, I bought the car for the residual and passed on the extended warranty and maintenance. If I subsequently determine to by the extended warranty and/or maintenance, I'll do so next year when the current ones are set to expire. Thanks for the help!

    Best,

    dw9
  • roadburnerroadburner Posts: 6,030
    Good for you! If you have any other questions don't hesitate to ask!!!

    2009 328i / 2004 X3 2.5/ 1995 318ti Club Sport/ 1975 2002A/ 2007 Mazdaspeed 3/ 1999 Wrangler/ 1996 Speed Triple Challenge Cup Replica

  • Hi Car man,

    What is the MF & residual for 335i Coup and 335i Convertible for 12K a year? Thank you very much.
  • drew11mdrew11m Posts: 85
    Ok, can someone help me out here. Found my car, trying to get some clarity on the financing deals to decide if i want to finance or pay cash in full.

    Current CPO offers for financing until 2 Mar are, 0.9%, 1500 towards payments, or 6/100K free maintenance

    For the financing offer, the salesman is under the impression that the 0.9% if for a 24-month finance deal. is this accurate? If so, its there a higher rate for a 36-month term?

    I know if you take the 1500 towards your payments, its at normal BMW finance rates. What would that be for someone with a 800 credit score?

    Many thanks
    AC
  • bond007jbbond007jb Posts: 37
    Yes the .9% financing is for 24 months.

    When I was looking to get my 3er, I was planning to get the $1500 credit towards the payments with the standard rate (considerably higher than the market rate) and then re-finance after 4 months (min. required to get the 1500 credit). I would have been interested at the .9% financing if it was for a longer term. Free maintenance saves some money but you can still buy it from the dealer (some dealers are willing to discount it, maybe you can negotiate it as part of the car purchase at dealer cost)
  • drew11mdrew11m Posts: 85
    well here's the way they finally broke it down

    0.9 for 24 months
    2.9 for 36 or higher

    or 4.69 for 36 (or higher) with $500 credit for each of the first 3 months (1500) total. No pre-payment penalty.

    Even with the variance in interest rate, i still save more taking the credit than otherwise especially if I just pay it off in full in 6-8 months.

    But i have my deposit down on my 328xi, now have to try and do paperwork from halfway across the country.
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