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

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Comments

  • konacougkonacoug Kailua-KonaPosts: 182
    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: 1,590
    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: 1,590
    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: 1,590
    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: 182
    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: 182
    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: 27,704
    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: 182
    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: 27,704
    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: 182
    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: 1,590
    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: 182
    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.
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