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I know nothing about car buying and I would love to get some help from experienced buyers.
I was offered 2013 BMW 320xi with gray color, moon roof, power front seats, heated seats, walnut wood trim, and navigation system for $36500 (MSRP $41220, Invoice ~$38500).
Is this a good deal? Or should I try to get more deal out of it?
Thank you guys!!
If you are leasing, there is a lot of info out there.
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.
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????
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.
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.
BMW 2019 Glacier Silver X3 30i being built to replace a 2017 X3 (wife's)
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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.
Thanks in advance!
.00125 MF and 56% residual
2014
.00125 MF and 63% residual
regards,
kyfdx
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dtd
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
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.
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!!
10K miles
59% residual
MF 0.00125
Queens, New York
Thank you very much!
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.
Looking for a 2014 335i xdrive
- M Sport
- cold weather
- driver assistance
- navigation system
- Harmon Kardon
MSRP: $56,350
Invoice: $52,415
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.
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.
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.
Another question I have is, would it be wise to send one dealership multiple offers on different cars? Say I give him a offer for a 320i and a 328i, different priced car but two different offers on them. Or just stick with one offer on a single car?
And to flightnurse - I don't see the build out credit anymore on edmunds or bmwusa.com. However I did go to a dealership recently and briefly asked about the 2000 build out credit on the 2013 3 series models. His answer was yes, those still apply. So I am still expecting them to give them to me.
Lastly, I plan on doing a $1000-1500 below invoice offer for the 2013 MY cars before incentives. I understand some dealers might think this is too low, and counter offer to bring the price back up. Depending on the dealers inventory left, I think it is very possible to get $1500 below invoice on a MY 13, correct? Let me know if I am under-estimating the market.
A lot of manufacturers allow to buy out the car that you leased. What this allows you is to sell your car to a different dealer than the one you leased it from. I have leased a Honda and sold the car to Carmax after 1.5 years. Essentially this allows you to get out of a lease, and sometime even make a profit on a leased car. Do you know if BMW allows buyouts? If they do, you can lease the car with minimum miles, but then not get penalized for going over, because most likely the value of the car will be higher, and you will be able to sell the car to another dealer, even for a profit.
Just watch out in the finance office, they finance guy will try to terrorize you into buying all kinds of warranties and crap. Best to decline it all....but tire insurance thru Discount Tire.
You can offer on both cars or offer on the one you like the best and keep the other car in reserve. I would form your offers as out the door prices, Ie, 36900 plus tax and license. I wouldn't give them an opportunity to add other fees. I agree that starting an offer at $1500 below is reasonable. Beware that they accept this, then don't give you the 2K build out credit.
I haven't looked into tire insurance yet. Considering the price of tires for BMWs, I will definitely spend some time researching.
So are the MACO, Training, document fees the only fees that I should worry about? And if I make an offer like - 34,000 plus tax (2,000) and license, would they not try to add the fees? The way I see it is that they could agree to your offer, then when the time comes to sign the papers, they show you the others fees and say it is required (even though it is not).
As for the build out credit. I will make sure I make it clear that it is not included in my offer and expects my final price (before tax) to be deducted by the credit amount.
The dealers also make a pretty nice profit, if you max out your grades on them via the survey, in the neighborhood of $1500.
Interested in lease amounts for:
2014 328i xDrive Gran Turismo - 14TF $41,450
Sport Line S0ZSL $2,500
1. Leather Dakota Black/Red highlight FLCL3 $1,450
High-Gloss Black Trim S04AT
Options
1. Advanced Real-Time Traffic Information S06AM
2. BMW Apps S06NR
3. BMW Online S06AK
4. Enhanced USB and Bluetooth plus Smartphone Integration S06NS
5. Instrument cluster with extended contents S06WA
6. Navigation system with touchpad S0609 $2,150
7. Remote Services S06AP
8. Automatic high beams S05AC $250
Exterior
1. Alpine White P0300
Packages
1. Cold Weather Pack S0ZCW $950
2. Driver Assistance Package S0ZDA $950
3. Lighting Package S0ZLP $900
Destination: $925
Total MSRP $51,525
10,000miles/36mo $0 down
12,000miles/36 mo $0 down
tax rate 7%
location: North West NJ
any guidance as to what I should realistically expect for a payment?
hoping for high $500's or very low $600's
Thanks!
I am looking to lease a 2014, 320xi sedan in PA. The MSRP with the options I am looking for is coming to $40370. Wanted to know whats the sale price and lease amount I should be looking for.
10,000miles/36mo $0 down
Also is it better to go for 2014 instead of 2013, if I am going for lease?