Hi. Wondering if anyone can help with these questions, please...
I have a 335 coupe with lease ending soon and wondering what the typical costs for dings are. I got the ding-o-meter, but can't find any info anywhere on what the charges are for dings that aren't "no charge". Without that info the ding-o-meter isn't very helpful.
Also, I'm looking at getting a 2013 335 convertible with MSRP around $64k. Any info on lease numbers would be very helpful... I'm looking at 10k miles/year for 36 months.
I'm assuming the msrp is around 54300 for this car. I would advice to not put any money towards cap cost reduction. If you are leasing through BMWFS the base cost should be $725~, so they are making some money here with an upcharge.
The deal to me is 1500 over invoice after all the rebates and CC reductions.
Walk away. 300-500 over invoice before any rebates should be the number you need to negotiate towards.
msrp - 49995 sell price -47275 rate - .00133 15000/yr 36 mths 1250 rebate 0 sec dep 2500 out of pocket total residual - .62 552.00 month getting out of 2011 3 series early - 4 payments left
Carman: Currently leasing a BMW with 3 payments left. I was at the Dealer yesterday and was given a quote on a 2013 335 Coupe, could you please tell me if this is a good deal or I can do better? M Sport Package Premium Package Comfort Access Metallic Paint 36 Months - 10K Miles Lease with tax - $496.00 Total down $1,000.00 I would have to order the car and would not be available until approximately until late July or early August, I know that the new 4 Series will be coming out soon so I am hoping that the programs may get better by then. If I order now, I don't have to put a deposit or lock in these numbers or should I? I am in the Southern California area.
Got a quote on a 2013 335 coupe MSRP $51.975 m/sport premium package comfort access metallic paint 36 months 10k Payment with tax $594.00 Total out of pocket $1.000 Would have to order,takes about two months
I am currently leasing a 328 coupe with 3 payments left Can any one tell me if this is a good deal, or can i do better? I am in the So.Cal. area
davinai....that's not a bad price. However, there's a $1,000 certificate BMW is offering right now for hte BMW Spring Sales Drive event. In short, you ask your dealer when this event is being held. Have them sign you up (you get to drive some pretty cool BMWs as well as their competitive counterparts) and BMW gives you a certificate good for $1,000 off.
Not sure if it helps, but BMW is discontinuing the "Modern" line 3 series because of slow sales of that particular option group.
Hi all! I'm looking at a 2012 BMW 328i that has been sitting at a BMW dealership since August 2012 with only 500 miles from test drives. It has never been titled or owned by anyone other than the dealership.
The MSRP back in 2012 for this with the options (premium package + technology package + enhanced bluetooth w/ BMW assist) was $43,145. Today they are tagging it for sale at $37,900 which I'm guessing is basically one year deprecation without any added miles?
If I can get it for $36,700 plus taxes, tag, dealer fees, etc out the door for around $40,275 is this a good deal?
I really don't need the technology package on this car and was thinking if I got a 2013 with the premium package + enhanced Bluetooth which has an MSRP of ~$41,500 that I could get a better deal especially with the $1000 ultimate driving event rebate this year.
Different dates for different dealerships. But, contact your nearest dealer and ask them to sign you up for the "ULTIMATE DRIVING EXPERIENCE". Once you participate in the test drive, you get a $1,000 certificate good for any BMW.
Hi all - we were in the dealership yesterday for service and we saw a "new" 2012 (yes 12) convertible in the showroom. Sticker price is $54,600. I didn't want to engage the sales person until I got some feedback from the board. What do you think is a reasonable offer? I'm thinking $45 is realistic, but any feedback if we can get down to the $40K level? Are there any other incentives going on that we can take advantage of?
Go to Kelly Blue Book and ask them, That will give you a better understanding of what the car is worth. You can start at $45K but I doubt the dealer will bite at it.
Here's what my dealer is offering on an ordered car:
The costco offer I was quoted is: $500 over invoice (invoice = $42,075; MSRP = $45,745). With $1000 new grad and $750 loyalty cash the total comes to: $40,825
Now, I just came across BMWUSA's lease offer for the 328i sedan: $349*/month for 36 months. $750 Loyalty Cash included in payment. 10k mi/yr. $0.20 extra/mile. • $349 First months payment • $2,750 Down payment • $0 Security Deposit • $725 Acquisition fee • $3,824 Cash due at signing • $350 disposition fee
THIS LEASE IS BASED ON A VEHICLE MSRP OF $40,875.00. SUBTRACTING THE $750 LOYALTY CASH (SINCE THIS IS BUILT INTO THE LEASE DEAL ABOVE) IS: $40,125 (cap cost)
I would like to get a similar lease deal on the vehicle I want to order by factoring another $700 ($40125 - 40825) to the lease equation to make up for the difference in purchase price between the BMWUSA example and my configuration.
Would this be a shrewd lease? How do I know what money factor is being used so I can make changes?
I also agree and I have to say I was going to suggest the same thing. In fact in a quick KBB SEARCH it seemed to come back around 45 k but I don't know the options so it could be different. I did pick CPO ON KBB because its new seems like a fair comparison.
I just got the following offer for a loaner 2013 328i x drive. I think it is a good deal but wanted to run it by the group.
Lease
Selling price - $39,800 MSRP - $46,645 (car went in service in Dec 2012) Mileage - 5,250 $0 down Money factor - 0.00127 Up-Front Fees, 1st month payment and Taxes - $2,600; breakdown below
DMV - $350 Acq Fees - $725 Title - $75 NY 4 Tires - $10 NJ Sales Tax - $1,060
Monthly Payment - $379
Is this a good deal? should I wait for the BMW Ultimate driving experience and get the $1000 off?
I just started my first real job and am thinking about getting myself a car. I came across this deal on internet that seems pretty good to me, though I don't really know if it really is a good deal. And one major concerns that I have is it was in an accident as shown in CARFAX.
If you guys think I should go ahead and get this one, could you tell me how much should I go about negotiation? I am in no rush in buying a car so I can spend a long time playing the negotiation game if that's better. Also, which direction should I negotiate? Price, finance, or something else? Thanks a lot!
I do have the cash to pay for the car in full, but I think I will prefer to finance it.
First & Foremost, congratulations on getting your 1st job. As they say, cash is king. If you have cash for a car, then pay for it. Why waste money on finance charges & interest? I'd kill to not have any car payments. Pay for the car, then pay yourself every month as if it were a car payment, then this way if you want a new car in a few years, you will have the title in hand & be able to buy the next car either in cash or via a small loan that you can pay off in less than 2 years.
Now as far as this particular car goes. I don't like what the carfax says: "Damage reported in multiple areas." Now obviously there wasn't enough damage to total the car, but you have got to figure it wasn't just a "love tap" on the front & rear bumpers. Either the car got sideswiped or he rear ended someone & got rear ended. You just don't know. Also, are you in Seattle, WA? That's car made itself a long way from where I'm from (CT). My advice is to keep looking. Good luck!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
I wouldn't touch it. "damage in multiple areas" and "vehicle towed" are not very good signs. It was towed for a reason and who knows if it will cause any problems for you down the road. Plus when you go to get rid of it, you will get hit for it again on trade in or trying to sell it
Check out Carmax.com they are have some excellent deals on 3 series convertibles, if the car you life is in another city or state the post the transportation price on the website and the car is transported via truck, so no extra miles are added.
Like others have stated, stay away from the car if it has been in an accident. There is a reason why the dealer is selling it as low as they are...
Thanks guys for the advice. Looks like this car is a no go.
The reason that I prefer loan to cash is that 1) I can diversity my credit profile (currently I only have credit cards) and 2) financing only costs a couple thousand more over a few years so maybe I can get it back, if not more, by investing the cash.
If I plan to drive for 3-5 years and then sell it, what's the mileage and year I should look for on this car so that I can sell it for a good price later? I probably will drive less than 10k miles per year.
I'm going to search for more cars online, and post what I find back to here later for advice. Thanks!
I have a chance to order a 2013 335 coupe but it has to be done in the next day or two Could you please let me know if you think it is worth doing? This is how i would build it. M/SPORT PREM. PACKAGE COMFORT ACCESS METALLIC PAINT MSRP $51.975 36 Months 10k $1000 Total drive off Lease payment is $496.00 with tax I have a 328 coupe now with two payments to go so the timing works I know this will be a out dated body soon, but is still a fun car
If anyone else has any comments please let me know.
Are you sure you can "order" this car, I was under the impression that the 3 series coupes are out of production and that BMW is ramping up production of the 4 series.
In regards to payment, what is your purchase price? What is BMW giving you for your car? what is your money factor? Lots of data missing to say if this is a good deal or not.
flightnurse: This is the last 335 coupe that this dealer can order. The 4 series is not in production yet. The production on this car would start this week .As for my car it is also a lease, my turn in date is Aug. 28th. There is about $2500 in incentives on top of how much they are discounting the car. The payment on this car is a little bit less than what i am paying now on a 328 with the same packages. My main thing is do i want to driving the same car for three more years? Only change is the motor. I believe money factor is 0.00127. not sure of the selling price. As for the 4 series i'm sure there won't be any dealing on them for a long time.
Thanks all. They said they could do high 40's, so not really playing much. Still on the lot though, so we'll keep trying. Are there any other incentives going on? Does anyone know if the USAA cash (we are USAA members) is just for 2013's or would apply to new 2012's as well?
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
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.
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.
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.
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:
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.
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.
Comments
Lease Terms
Lender BMW Financial Services
Term 36 Months
Mileage 12,000/year
Money Factor 1.27
Residual Factor 64%
Selling Price $49,940.00
Total Capitalized Cost
$49,940.00
Residual Value $35,056.00
Total Depreciation $13,384.00
Capital Reduction $1,500.00
Monthly Depreciation $371.78
Monthly Rent $106.04
Monthly Payment $477.82
Tax (9%) $43.00
Monthly Payment + Tax $520.82
Capital Reduction $1,500.00
Cap Reduction Tax (9%) $225.45
License & Registration $459.00
Bank Fee $925.00
Documentation Fee $80.00
First Payment $520.82
Security Deposit $0.00
Drive Off $3,710.27
Trade Equity $0.00
Rebate $1,500.00
Due at Signing $2,210.27
I have a 335 coupe with lease ending soon and wondering what the typical costs for dings are. I got the ding-o-meter, but can't find any info anywhere on what the charges are for dings that aren't "no charge". Without that info the ding-o-meter isn't very helpful.
Also, I'm looking at getting a 2013 335 convertible with MSRP around $64k. Any info on lease numbers would be very helpful... I'm looking at 10k miles/year for 36 months.
Thanks for any info/guidelines etc.
The deal to me is 1500 over invoice after all the rebates and CC reductions.
Walk away. 300-500 over invoice before any rebates should be the number you need to negotiate towards.
Can you give me break up of 2880 -
thx
J
Where did you find that rebate?
sell price -47275
rate - .00133
15000/yr 36 mths
1250 rebate
0 sec dep
2500 out of pocket total
residual - .62
552.00 month
getting out of 2011 3 series early - 4 payments left
MSRP - $59,250
Invoice - $54,600
Purchase price - $50,906 (tax free)
Financed at 1.14%
Do you know the May residual & MF on the 320i, 10,000 mi x 36 months
Thanks
I'm in the NY/NJ area, if you work there....
WOW 65%, that is impressive!!!
Currently leasing a BMW with 3 payments left. I was at the Dealer yesterday and was given a quote on a 2013 335 Coupe, could you please tell me if this is a good deal or I can do better?
M Sport Package
Premium Package
Comfort Access
Metallic Paint
36 Months - 10K Miles
Lease with tax - $496.00
Total down $1,000.00
I would have to order the car and would not be available until approximately until late July or early August, I know that the new 4 Series will be coming out soon so I am hoping that the programs may get better by then. If I order now, I don't have to put a deposit or lock in these numbers or should I? I am in the Southern California area.
Thanks Carman
MSRP $51.975
m/sport
premium package
comfort access
metallic paint
36 months 10k
Payment with tax $594.00
Total out of pocket $1.000
Would have to order,takes about two months
I am currently leasing a 328 coupe with 3 payments left
Can any one tell me if this is a good deal, or can i do better?
I am in the So.Cal. area
Here's a quote from one of the dealer.
2013 BMW 328i xDrive Sedan
ext. color - Mineral White Metallic
int. color - Black with Dark Oyster
Options:
Modern Line
Premium Package
Cold Weather Package
Lighting Package
BMW Assist
MSRP: $47,645
Selling price 44,600 + tax+ dmv
Is this a good price?
any help is appreciated...
Not sure if it helps, but BMW is discontinuing the "Modern" line 3 series because of slow sales of that particular option group.
Good luck!
can't find mention of that on line.....any more details?
Thanks
Total with tax should be $496.00
The MSRP back in 2012 for this with the options (premium package + technology package + enhanced bluetooth w/ BMW assist) was $43,145. Today they are tagging it for sale at $37,900 which I'm guessing is basically one year deprecation without any added miles?
If I can get it for $36,700 plus taxes, tag, dealer fees, etc out the door for around $40,275 is this a good deal?
I really don't need the technology package on this car and was thinking if I got a 2013 with the premium package + enhanced Bluetooth which has an MSRP of ~$41,500 that I could get a better deal especially with the $1000 ultimate driving event rebate this year.
Your thoughts? Thanks in advance!
Thanks!
ahdanna
The costco offer I was quoted is: $500 over invoice (invoice = $42,075; MSRP = $45,745). With $1000 new grad and $750 loyalty cash the total comes to: $40,825
Now, I just came across BMWUSA's lease offer for the 328i sedan: $349*/month for 36 months. $750 Loyalty Cash included in payment. 10k mi/yr. $0.20 extra/mile.
• $349 First months payment
• $2,750 Down payment
• $0 Security Deposit
• $725 Acquisition fee
• $3,824 Cash due at signing
• $350 disposition fee
THIS LEASE IS BASED ON A VEHICLE MSRP OF $40,875.00. SUBTRACTING THE $750 LOYALTY CASH (SINCE THIS IS BUILT INTO THE LEASE DEAL ABOVE) IS: $40,125 (cap cost)
I would like to get a similar lease deal on the vehicle I want to order by factoring another $700 ($40125 - 40825) to the lease equation to make up for the difference in purchase price between the BMWUSA example and my configuration.
Would this be a shrewd lease? How do I know what money factor is being used so I can make changes?
Thanks!
That said, you can offer anything you want. The worst that can happen is the dealer says no.
There are a couple advertised in my area (albeit used) for $43K-$45K. Don't know the equipment levels, though.
So, you may be in the ball park.
Good luck!
Lease
Selling price - $39,800
MSRP - $46,645 (car went in service in Dec 2012)
Mileage - 5,250
$0 down
Money factor - 0.00127
Up-Front Fees, 1st month payment and Taxes - $2,600; breakdown below
DMV - $350
Acq Fees - $725
Title - $75
NY 4 Tires - $10
NJ Sales Tax - $1,060
Monthly Payment - $379
Is this a good deal? should I wait for the BMW Ultimate driving experience and get the $1000 off?
I just started my first real job and am thinking about getting myself a car. I came across this deal on internet that seems pretty good to me, though I don't really know if it really is a good deal. And one major concerns that I have is it was in an accident as shown in CARFAX.
Here is the link to that car on the internet:
Used 2010 BMW 328i convertible link
If you guys think I should go ahead and get this one, could you tell me how much should I go about negotiation? I am in no rush in buying a car so I can spend a long time playing the negotiation game if that's better. Also, which direction should I negotiate? Price, finance, or something else? Thanks a lot!
I do have the cash to pay for the car in full, but I think I will prefer to finance it.
Now as far as this particular car goes. I don't like what the carfax says: "Damage reported in multiple areas." Now obviously there wasn't enough damage to total the car, but you have got to figure it wasn't just a "love tap" on the front & rear bumpers. Either the car got sideswiped or he rear ended someone & got rear ended. You just don't know. Also, are you in Seattle, WA? That's car made itself a long way from where I'm from (CT). My advice is to keep looking. Good luck!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Like others have stated, stay away from the car if it has been in an accident. There is a reason why the dealer is selling it as low as they are...
The reason that I prefer loan to cash is that 1) I can diversity my credit profile (currently I only have credit cards) and 2) financing only costs a couple thousand more over a few years so maybe I can get it back, if not more, by investing the cash.
If I plan to drive for 3-5 years and then sell it, what's the mileage and year I should look for on this car so that I can sell it for a good price later? I probably will drive less than 10k miles per year.
I'm going to search for more cars online, and post what I find back to here later for advice. Thanks!
I have a chance to order a 2013 335 coupe but it has to be done in the next day or two
Could you please let me know if you think it is worth doing?
This is how i would build it.
M/SPORT
PREM. PACKAGE
COMFORT ACCESS
METALLIC PAINT
MSRP $51.975
36 Months 10k
$1000 Total drive off
Lease payment is $496.00 with tax
I have a 328 coupe now with two payments to go so the timing works
I know this will be a out dated body soon, but is still a fun car
If anyone else has any comments please let me know.
thanks
In regards to payment, what is your purchase price? What is BMW giving you for your car? what is your money factor? Lots of data missing to say if this is a good deal or not.
This is the last 335 coupe that this dealer can order. The 4 series is not in production yet. The production on this car would start this week .As for my car it is also a lease, my turn in date is Aug. 28th. There is about $2500 in incentives
on top of how much they are discounting the car. The payment on this car is a little bit less than what i am paying now on a 328 with the same packages. My main thing is do i want to driving the same car for three more years? Only change is the motor. I believe money factor is 0.00127. not sure of the selling price. As for the 4 series i'm sure there won't be any dealing on them for a long time.
Thanks
Thanks!
ahdanna
328XI 2013
MSRP 42750
10k miles per year.
$600 due at signing
$499 per month everything rolled in.
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
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?
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...
What is the sale price of the car? You listed MSRP but not the sales price minue tax and fees.
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?
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.
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.