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

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Comments

  • I have 4 months left on my mini cooper. BMW will take it back now.
    328XI 2013
    MSRP 42750

    10k miles per year.
    $600 due at signing
    $499 per month everything rolled in.
  • joelk01joelk01 Posts: 39
    Bamboo Anthracite Wood trim
    Navigation system
    BMW Assist with Bluetooth
    BMW Apps
    Convenience Package
    Cold Weather Package
    M Sport Package
    Manual Transmission
    Premium Package
    Premium Sound Package

    $0 down
    36 Months
    12K/yr
    $500/Month
  • david1022david1022 Posts: 3
    edited June 2013
    I just stopped by dealer and took a test drive today. first time on 335is.

    On top of basic model of 335is coupe(with M sports pkg), it has
    premium pkg, Navigation pkg, premium sound pkg,
    19" double-spoke wheels, 7-speed double clutch trans,
    heated front seats, BMW apps
    MSRP is $60,295

    dealer offered 36 months lease :
    $2400 total drive off
    $689(with tax) per month for 36 months
    Residential value is 39,593

    Is this a good deal? down pay maybe too high. any monthly payment is also high.
    My credit score is very good.

    How can I argue with them?
  • david1022david1022 Posts: 3
    Yesterday I stopped by dealer and took a test drive today. first time on 335is.

    On top of basic model of 335is coupe(with M sports pkg), it has
    premium pkg, Navigation pkg, premium sound pkg,
    19" double-spoke wheels, 7-speed double clutch trans,
    heated front seats, BMW apps
    MSRP is $60,295

    dealer offered 36 months lease :
    $2400 total drive off
    $689(with tax) per month for 36 months
    Residential value is 39,593

    Is this a good deal?
    down pay maybe too high. any monthly payment is also high.
    My credit score is very good.

    This could be my first BMW, but not sure yet...
  • flightnurseflightnurse 35K feetPosts: 1,590
    First do not argue with them, What is the money factor they are offering you?

    What is the sale price of the car? You listed MSRP but not the sales price minue tax and fees.
  • david1022david1022 Posts: 3
    edited June 2013
    I don't know the money factor.

    here is what the dealer offered:
    The sale price before tax and fee is: $53,435
    MSRP is $60,295; Residential value is 39,192

    $5000 total drive off
    $610 per month for 3 years lease.
    sale tax here is 8%.

    Is this a reasonable price and lease?
  • escortownerescortowner Posts: 129
    Find out the money factor. Also check what the money factor is on here and compare. When I leased a vehicle a few years ago the money factor they offered at the syart was twice what I ended up negotiating.

    It could save you $30 a month. Or maybe not but you should know.

    Also with the info you provided you can figure it out. There is a formula.

    Can't remember it right now though.
  • ponytrekkerponytrekker Posts: 284
    edited June 2013
    Using the residual you apparently have (65%) and the true money factor, .00127, I get a payment of $513 w tax and fees up front and $596 with absolutely nothing down. :mad:
  • flightnurseflightnurse 35K feetPosts: 1,590
    you need to know the money factor, if this is your first lease which it sounds like read up on what a lease is and the lingo that goes with it. not knowing the money factor and putting 5k down shows you really dont understand it. edmunds had a great article series on leases and how to understand them.
  • leoblueleoblue Posts: 18
    edited June 2013
    I negotiated the price of my new 328 over the phone and came to terms on selling price, initial money due and monthly payment with the salesman. He said he located the car but it'd take a week to get it and asked me to come to the dealership to put down a deposit.

    I went to the dealership thinking that I'd be signing a contract with all the terms as agreed on the phone and put down a deposit, but it's not to be. Instead he asked me to sign the Purchase order on which he noted the MSRP, lease terms: 15Kmiles/36months, initial payment of $1600 and monthly payment of $550 (which were what we agreed to on the phone). I gave him a check of $500 for deposit, of which he gave me back a receipt. He said the contract is to be done with the Finance guy who will explain details when I come to pick up the car.

    I wonder if it's normal or there's anything I should be concerned of here?

    By putting down the deposit and signing the purchase order, I feel like I'm signing a contract but all the terms are not fully fleshed out so I'm not totally comfortable about it.
  • jdomasijdomasi Posts: 16
    I am in NJ thinking about leasing a 320i.

    If I get them down to a selling price I want (assume 500 over invoice), the standard buy rate and residual amounts, what else is negotiable? Can I say I don’t want to pay destination or doc fees? One or the other? I understand the taxes are not negotiable as well. Title fee? Assignment fee?
  • flightnurseflightnurse 35K feetPosts: 1,590
    You can try and negotiate anything you want, all the dealer can say is NO. Now before going in get all the facts, like money factor for this month and residual for the car you want. Once you have these numbers it will make it much easier to make sure the dealer wont try and take you for a ride.
  • jdomasijdomasi Posts: 16
    Anyone know which BMW locations are having their $1000 drive event near NJ? all the ones around me are in July.
  • jasonmdbmwjasonmdbmw Posts: 117
    Destination cant be negotiated and doc fees everyone has so you're going to pay it somewhere, might be able to find a dealer that charges alittle bit less than another. Title and tag fees, like taxes, cant be negotiated either as they are set from the state, not the dealer
  • nwlnwl Posts: 2
    Hi all! Does anyone have any thoughts on these numbers?

    328i sedan
    36m/10k
    MSRP 45,125, Purchase Option $29,331.25
    $422.04 monthly (after taxes)
    $1,767.45 down

    Thanks! These forums have been amazing.
  • ikejonesikejones Posts: 5
    Curious what I should offer for this car considering the 2014 was just announced. Anyone have an idea of how low they would be willing to go? Or what I could offer them without offending them? Thanks!

    http://www.bmwofroseville.com/VehicleDetails/new-2012-BMW-328i-Coupe-Roseville-C- A/1698317123?cs:o=16866390

    M SPORT PKG
    PREMIUM PKG
    6-SPEED STEPTRONIC AUTOMATIC TRANSMISSION
    COMFORT ACCESS KEYLESS ENTRY
    2-WAY POWER GLASS MOONROOF
    PWR FRONT SEATS
    BLACK SAPPHIRE METALLIC (475)
    HEATED FRONT SEATS (494)
    BAMBOO ANTHRACITE WOOD TRIM (4BY)
    NAVIGATION SYSTEM
    BMW ASSIST
    SATELLITE RADIO
    BMW APPS
    SPORT LEATHER-WRAPPED STEERING WHEEL W/PADDLES
    OYSTER/BLACK, DAKOTA LEATHER SEAT TRIM (LCCX)
  • geezcargeezcar Posts: 7
    2013 328XI only with premium package.

    Can someone tell me if this is a fair deal?
    No money down, just the first payment plus fees.
    Lease is $499 for 12K/mi over 36 months.

    If it's not a fair deal, can someone tell me what money factor and residual value would be a good deal.

    I am not looking for shopping around. If it's a fair deal. I'll pull the trigger.
  • bimmerworksbimmerworks Posts: 2
    edited June 2013
    BMW 328i Sedan

    MSRP 49800
    Base Cap Cost 46814
    Costs Added to Lease 0
    Cap Cost Reductions 750 (BMW Loyalty)
    Adjusted Cap Cost 46,064.00
    Residual % 0.65
    Residual Value 32,370.00
    Money Factor 0.00127
    APR % 3.05
    Term (months) 36
    Sales Tax 0.085

    Depreciation Fee 380.39
    Finance Fee 99.61
    Monthly Lease Payment 480.00
    Total Monthly Payment 520.80

    On Edmunds the Invoice Price is $45,765 and the dealer quoted me $46,814. He said the difference in price is because of the Costco price ($500) and Regional Adjustment ($549).
    Is this a good deal? Is the Regional Adjustment value too high?
  • sbedi88sbedi88 Posts: 10
    what's the msrp and negotiated price for the car? you should be looking at negotiating a price anywhere over $800 above invoice price. the money factor and residuals are not negotiable and are set by bmw financial.
  • jianhuangjianhuang Posts: 1
    edited June 2013
    Or $500 below TrueCar invoice price which includes a $600 regional ads fee.

    2013 328i Sedan Imperial Blue/Beige Leatherette, Moonroof/Heated Seats, Nav, Driver Assist -- Negotiated total just under $41k

    Ordered: 6/5
    Pickup: 6/19
    Process: Mostly done via emails. Super smooth and hassel-free
    Location: Mountain View, CA
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