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

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Comments

  • kyfdxkyfdx Posts: 29,851
    A lot of that is going to depend on how many miles you drive your car each year.. If you only drive 8K-9K each year, then neither plan is going to be very cost effective..

    If you put 100k on in six years, then either plan may pay for itself..

    Either way, you can purchase either plan at any time before the original plan expires. I would wait.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Anyone know the money factors and residuals for all 3 series vehicles for Sept? Are they unchanged from Aug?

    I'm specifically looking for a 328xi sedan, but it would be helpful if I could see the numbers for the other 3 series cars as well.
  • Hi,

    I found these at another site. Looks like the same as last month. Confirmation from our Host here would be great!

    BMW Financial Services Lease Programs – 9/6/07

    For lease programs shown in BOLD, a bank lease program may have lower payments. Click on a vehicle name to compare current bank lease programs through LeaseCompare.com.

    2008 MODELS

    2008 BMW 528i Sedan
    24 Month – Residual 73% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 44% of MSRP – .00310 Base Rate
    60 Month – Residual 35% of MSRP – .00310 Base Rate

    2008 BMW 528xi Sedan
    24 Month – Residual 71% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 43% of MSRP – .00310 Base Rate
    60 Month – Residual 35% of MSRP – .00310 Base Rate

    2008 BMW 535i Sedan
    24 Month – Residual 71% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 42% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2008 BMW 535xi Sedan
    24 Month – Residual 70% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 42% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2008 BMW 535xi Wagon
    24 Month – Residual 70% of MSRP – .00225 Base Rate
    36 Month – Residual 60% of MSRP – .00225 Base Rate
    48 Month – Residual 38% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2008 BMW 550i Sedan
    24 Month – Residual 69% of MSRP – .00245 Base Rate
    36 Month – Residual 59% of MSRP – .00245 Base Rate
    48 Month – Residual 37% of MSRP – .00310 Base Rate
    60 Month – Residual 29% of MSRP – .00310 Base Rate

    2008 BMW M5 Sedan
    24 Month – Residual 70% of MSRP – .00310 Base Rate
    36 Month – Residual 57% of MSRP – .00310 Base Rate
    48 Month – Residual 43% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2007 MODELS

    2007 BMW 328Ci Coupe
    24 Month – Residual 68% of MSRP – .00160 Base Rate
    36 Month – Residual 58% of MSRP – .00160 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 328xi Coupe
    24 Month – Residual 68% of MSRP – .00165 Base Rate
    36 Month – Residual 58% of MSRP – .0016 Base Rate
    48 Month – Residual 41% of MSRP – .00310 Base Rate
    60 Month – Residual 33% of MSRP – .00310 Base Rate

    2007 BMW 328i Sedan
    24 Month – Residual 71% of MSRP – .00140 Base Rate
    36 Month – Residual 61% of MSRP – .00140 Base Rate
    48 Month – Residual 39% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 328xi Sedan
    24 Month – Residual 71% of MSRP – .00150 Base Rate
    36 Month – Residual 61% of MSRP – .00150 Base Rate
    48 Month – Residual 39% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 328i Wagon
    24 Month – Residual 70% of MSRP – .00240 Base Rate
    36 Month – Residual 60% of MSRP – .00240 Base Rate
    48 Month – Residual 37% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2007 BMW 328xi Wagon
    24 Month – Residual 70% of MSRP – .00250 Base Rate
    36 Month – Residual 60% of MSRP – .00250 Base Rate
    48 Month – Residual 37% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2007 BMW 328i Convertible
    24 Month – Residual 71% of MSRP – .00310 Base Rate
    36 Month – Residual 60% of MSRP – .00310 Base Rate
    48 Month – Residual 44% of MSRP – .00310 Base Rate
    60 Month – Residual 36% of MSRP – .00310 Base Rate

    2007 BMW 335i Coupe
    24 Month – Residual 68% of MSRP – .00200 Base Rate
    36 Month – Residual 58% of MSRP – .00200 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 335i Sedan
    24 Month – Residual 71% of MSRP – .00175 Base Rate
    36 Month – Residual 61% of MSRP – .00175 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 33% of MSRP – .00310 Base Rate

    2007 BMW 335xi Sedan
    24 Month – Residual 71% of MSRP – .00190 Base Rate
    36 Month – Residual 61% of MSRP – .00190 Base Rate
    48 Month – Residual 41% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2007 BMW 335i Convertible
    24 Month – Residual 69% of MSRP – .00310 Base Rate
    36 Month – Residual 59% of MSRP – .00310 Base Rate
    48 Month – Residual 43% of MSRP – .00310 Base Rate
    60 Month – Residual 36% of MSRP – .00310 Base Rate

    2007 BMW 650Ci Coupe
    24 Month – Residual 67% of MSRP – .00275 Base Rate
    36 Month – Residual 57% of MSRP – .00275 Base Rate
    48 Month – Residual 39% of MSRP – .00310 Base Rate
    60 Month – Residual 32% of MSRP – .00310 Base Rate

    2007 BMW 650CiC Convertible
    24 Month – Residual 69% of MSRP – .00275 Base Rate
    36 Month – Residual 59% of MSRP – .00275 Base Rate
    48 Month – Residual 46% of MSRP – .00310 Base Rate
    60 Month – Residual 39% of MSRP – .00310 Base Rate

    2007 BMW M6 Coupe
    24 Month – Residual 67% of MSRP – .00275 Base Rate
    36 Month – Residual 57% of MSRP – .00275 Base Rate
    48 Month – Residual 44% of MSRP – .00310 Base Rate
    60 Month – Residual 37% of MSRP – .00310 Base Rate

    2007 BMW M6 Convertible
    24 Month – Residual 70% of MSRP – .00275 Base Rate
    36 Month – Residual 59% of MSRP – .00275 Base Rate
    48 Month – Residual 45% of MSRP – .00310 Base Rate
    60 Month – Residual 38% of MSRP – .00310 Base Rate

    2007 BMW 750i Sedan
    24 Month – Residual 68% of MSRP – .00250 Base Rate
    36 Month – Residual 58% of MSRP – .00250 Base Rate
    48 Month – Residual 31% of MSRP – .00310 Base Rate
    60 Month – Residual 25% of MSRP – .00310 Base Rate

    2007 BMW 750Li Sedan
    24 Month – Residual 68% of MSRP – .00250 Base Rate
    36 Month – Residual 58% of MSRP – .00250 Base Rate
    48 Month – Residual 31% of MSRP – .00310 Base Rate
    60 Month – Residual 26% of MSRP – .00310 Base Rate

    2007 BMW 760Li Sedan
    24 Month – Residual 57% of MSRP – .00250 Base Rate
    36 Month – Residual 47% of MSRP – .00250 Base Rate
    48 Month – Residual 30% of MSRP – .00310 Base Rate
    60 Month – Residual 25% of MSRP – .00310 Base Rate

    2007 BMW Alpina B7 Sedan
    24 Month – Residual 58% of MSRP – .00250 Base Rate
    36 Month – Residual 49% of MSRP – .00250 Base Rate
    48 Month – Residual 31% of MSRP – .00310 Base Rate
    60 Month – Residual 25% of MSRP – .00310 Base Rate

    2007 BMW X3 3.0si 4WD SUV
    24 Month – Residual 75% of MSRP – .00215 Base Rate
    36 Month – Residual 65% of MSRP – .00215 Base Rate
    48 Month – Residual 36% of MSRP – .00310 Base Rate
    60 Month – Residual 30% of MSRP – .00310 Base Rate

    2007 BMW X5 3.0si 4WD SUV
    24 Month – Residual 68% of MSRP – .00230 Base Rate
    36 Month – Residual 58% of MSRP – .00230 Base Rate
    48 Month – Residual 40% of MSRP – .00310 Base Rate
    60 Month – Residual 34% of MSRP – .00310 Base Rate

    2007 BMW X5 4.8i 4WD SUV
    24 Month – Residual 68% of MSRP – .00230 Base Rate
    36 Month – Residual 58% of
  • Thanks so much fo these numbers. . . Am I assuming correctly that the residuals are based on 15K per year, and that you can add a point for 12K and another for 10K?
  • kyfdxkyfdx Posts: 29,851
    Add 2% for 12K
    Add 3% for 10K (1% more than 12K)

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Just order a 328i from a dealer yesterday for $36850 (destination and tax are not included)

    Montego Blue
    Black Leather w/ Aluminum Trim
    Premium Package
    STEPTRONIC
    Comfort access

    There are no Montego Blue in my area so I have to order one. They claim they didn't put any mark up on this car. Also, they wouldn't give me any discount since this is an order...well, I am not sure that is true! So, is this a reasonable deal? Please advise!!
  • MSRP is $37,900 (without Destination)
    Invoice is $35,425 (without Destination)
    Add $775 for destination.

    The difference between what you are paying and the invoice is $1425. I am guessing that should be $825 for Acquisition Fee, $180 for traning fee and $380 for MACO. Try and get this point clarified.

    More important, you need to know the final price. By telling you that taxes are not included the dealer might try to slip in the 3 fees (above). Always get the details in writing - have the dealer email / fax you a detailed quote.

    Also, per my understanding and research there is a limited choice of 2007 models available. BMW has already stopped production of the '07s. Most dealers claim that the last batch of '07s is en route. Anything ordered now will end up being a 2008 model (final price unknown at this point) and will be delivered end-Oct or early November.

    When are you going to get your car? The delivery date will determine whether the dealer is really ordering one for you or just getting it from another dealer.

    Hope this helps.
  • Hi bmw328lease,
    Thanks for the information.

    As far as I know, he did a search for me in the near by area that my request is not available. He said the same thing that the production for '07 has stopped. So, he said my car will be a '08 and it takes about 6 - 8 weeks to be delivered. He is trying to order it today via their internal process. I still haven't heard from him yet. I shall see the number soon and keep you posted.
  • I am a sales manager (eCommerce Director actually) at a BMW center. I have worked for seven makes over my career. The onus for the current mistrust is squarely the dealers' fault dating to decades ago. However, the explosion of the Internet has created a whole new set of problems. First, customers think their salesperson is able to affect the pricing on any vehicle or option or accessory. They don't. Sales managers do. They are in turn responsible to implement policies set by the General Management and Ownership. What they (as managers or as salespeople)can or cannot sell a hot car for is a condition of employment. It would be no different than blaming Wal-Mart for charging sales tax. The government dictates tax rates the same way owners dictate sales pricing policy.

    The truth is that buying cars at or below invoice, even if a manager is willing to do so is not fair play. Commission structures vary by region but run roughly thus: $50.00 - $200.00 per delivered sale within $500.00 of invoice. The average sales rep sells ten cars per month. If all consumers paid within these ranges, do the math. Fact is the average rep makes $32,000 or so per year working 60 plus hours a week. The average manager at the desk makes twice that running a sales department of 10-20 sales reps.

    Simple need to feed your family requires the dealership to make profit where consumers less equipped will allow it. If MacDonalds charged the learned consumer $1.00 for a BigMac, then they would have to either close up or charge the ignorant $9.00 to make up the difference (assuming only half the public were informed).

    But when it comes to cars, more people are looking for the unbeatable deal. Some balance must be struck here. The 328 coupe is at or near sticker, while the sedan is at or below invoice. If you want champaign, pay for it. If you just want a buzz, well there are alternatives. This is a free economy after all.
  • Hello and thanks for this message.

    We the informed buying public try to do the best we can for our families as well. This includes getting the best possible deal on a new car and feeling comfortable with the purchase. The problem that I have encountered is after exhaustive research, I present what is fair, based on the Edmunds Invoice, for both parties to do well. What I have found is that the first instinct of the dealer is to say that this information is wrong. They them lay out a sheet of paper saying what their invoice is. This is always at least a $1000 more than the data available. So, what are we supposed to do? My first instinct is to not believe a single word that comes out of their mouths.

    You mentioned that the 328 sedans are selling at or below invoice. This is the car I am interested. When I pull the Edmund inovice, what is added to that to arrive at the "dealers invoice? I want to make it a fair deal, but as far as I can tell, the dealer just puts some formal looking paper in front of you and says this is my inovice"

    I appreciate the hard work and long hours you put in at the dealership in support of your family and the larger "company" that you work for. Please inform me, so I can be fair with you as well.

    Regards,
    Brian
  • dan12dan12 Posts: 114
    As far as I know, you should add MACO fees if applicable where you are and doc fees. That should come to roughly $500 over the Edmunds invoice. Also, the car (believe it or not) does not come with floor mats, so you have to add $125 for that. In my opinion, $500 to $1000 over the Edmunds invoice is a good deal since that is just about invoice or a bit over.

    In my opinion, you should also try to get the best deal possible. That is exactly what the dealer is trying to do and it's also exactly what bmw is trying to do. I find nothing wrong with it. Everyone involved is acting in their own best interest and that is how it should be. Dealers are getting squeezed quite a bit these days and that is something that auto manufacturers will need to address in some way. If they want top quality sales people, they will need to find a way to compensate them more. The problem cannot be solved by expecting consumers to pay more simply out of generosity. If we were willing to do that, we should also think about paying extra at the gas pump because the gas station margins are also very thin.
  • Hey, sounds like a good deal to me. I'm looking for a similar deal, may I ask you what dealership you got that deal from? Thanks!
  • Update--

    Thanks to everyone who replied to my posts. I got sidetracked for awhile, but finally ordered a car a couple days ago.

    On a whim, I asked the military sales plan (MSP) dealer to remind me of how long it would be before I could get a production slot for a 335i. Fortuitiously, he had a cancellation and I now have a slot for an early November build.

    Specs: 335i, MT, Metallic Paint, Sport Package, Assist/Bluetooth, iPod adapter. MSRP: $44,300. MSP Price: 41875. Both including delivery. That as well as what seems to me to be a pretty quick build was enough for me. Can't wait for delivery!

    -b
  • PM me for additional info.
  • Appreciate your perspective, but it's a little difficult for me to accept your McDonald's or Walmart analogies. When I go into McDonald's I don't have to negotiate for my happy meal. Nor is the Manager trying to sell me overpriced insurance policies in case someone steals my happy meal when I leave the restaurant (window etching) or trying to jack up the interest rate on the credit card I use to buy my meal despite my credit score being 800+.

    I understand everyone needs to make a profit, but the current environment where pricing and other information is readily available to the consumer is a function of car dealers' own doing. It's simply a defensive response. Most consumers would be willing to accept a fair deal, but give a dealer the opportunity to pound somebody who is less informed and they will do it every single time.
  • bdkinnhbdkinnh Posts: 292
    >"he had a cancellation and I now have a slot for an early November build."

    Does it take longer for military purchases?

    I'll be ordering a 535i within a week or so... judging by your experience, mine might not be built until December and delivered in January? :surprise:
  • I think it just depends on how popular the model is. The 328 production slots were available without much of a delay, the 335i slots that were available (had there not been a cancellation) were available in 2009. I'm assuming you're using the military purchase program as well? I suggest you just contact one of the MSP dealers and ask them how long the process would take.
  • bdkinnhbdkinnh Posts: 292
    >"the 335i slots that were available (had there not been a cancellation) were available in 2009"

    Wow - that's a pretty big delay. ;) I'm guessing you mean 2008, right?

    >"I'm assuming you're using the military purchase program as well?"

    Nope - just a Regular Joe, not the GI version.
  • DOH. Yeah, that was a typo. I meant 2008.

    Re: how long it will take you to get your 5-series, I have no idea. Guess it just depends on when your dealer can get you a production slot.
  • I don't disagree with a lot of what you are saying. The sales staff does not make a lot of money; however, the dealerships are extremely profitable. In that regard, it is like Walmart, the execs and owners make all the money and the workers just get by, if they are lucky. This is not the customers' fault, take it up with management for more equitable pay.

    Personally, I think the whole system is broken. What value do the dealers add? Wouldn't it be better if they just had a few regional centers where you could test the cars and order directly from the manufacturer? Cutting out the middleman would save the consumer money and the stress of the whole experience. As is, it's hard to even find many models for a test drive, let alone divining the best price and separating the BS from reality.
  • I absolutely agree with the idea of regional centers. It is a shame to to have to deal with bush league sales tactics when purchasing or leasing an expensive vehicle. The process should not be such a mystery when you walk into a dealership. The consumer should have the choice to go direct.
  • I am shopping for a 2007 bmw 328xi sedan color: gray, automatic. I would like to buy it by the end of this month. I would like to know how much I need to pay if I don't use leasing which means I would like to pay in CASH. How much can I negotiate with the dealer? What is a realistic price I can get if I have both cold weather package and premium package OR just weather package only included?

    OR Should I wait until 2008 model arrive to the US?
  • 07 is the way to go for a discount. 08 will be better if you want to lease. Dealers will want to get rid of any 07's so get them now while they still have them
  • rudi2rudi2 Posts: 17
    How much should I expect to pay on a 2007 X3 with cold weather package leasing for 24-36 months at 18,000 miles per year?
  • I almost ordered a 2007 328xi in early August and was told when and if it came in in Sept or October that it might arrive as a 2008 model (meaning there wasn't any 07's left). I passed on the deal. Now, September 20th I still haven't seen any pics or heard anything about the 2008 model. Does anyone know why this is? Why would the dealer would tell me I actually may (likely) be getting an 08 if I ordered an 07 in August? I may go back and buy one in a month but can't seem to get a straight answer to these simple questions:

    1. If I order a 2007 328xi coupe now will it be a 2007, and, how long before I get it?

    2. If it will be an 08, even though I ordered an 07, when will I get it and will it look or be different in any way?

    Several dealers in NY told me this and do not have the answers to these questions. Any definitive anwers would be helpful. Thanks.
  • dan12dan12 Posts: 114
    1. If I order a 2007 328xi coupe now will it be a 2007, and, how long before I get it?

    I believe bmw is only producing 2008's now, so it's not possible for you to order a 2007 (I'm not sure why you would do that or care).

    2. If it will be an 08, even though I ordered an 07, when will I get it and will it look or be different in any way?

    Getting your car after your order takes between 6-8 weeks, depending on when you can get a production slot and where your location is. I'm on the west coast and it took 8 weeks from the time I ordered my car. As far as differences, I think there may be a small change to the front bumper although I can't tell the difference. Take a look at bmwusa.com. You can build your own 2008.
  • Thanks, but sorry, there is no 08 build for the 328xi coupe on the BMW site, no pics either.

    quote: "I'm not sure why you would do that or care"

    Because I didn't want to order a new model year sight unseen. The dealer did not know if there were new colors or new features or a new price; he had no pics and no info at all.

    In addition, all of the pics and build features on the BMWUSA sight are all 2007 for the 328xi coupe, which is the car I want. So you can't "build' an 08 on their site, in fact, there is nothing on the 2008 328xi coupe anywhere on the web (that i could find). If the dealer has nothing, and the website has nothing, how could I have anything? I would never order a car sight unseen, would you?

    So you see, I think it's odd to come into a showroom ready to buy a car, and be told "there are no more 07's and it may be a long while before 08's are available, and I don't have a picture or any specs on the 08".
  • I am getting this lease deal...Please tell me if its good and/or I should negotiate more.

    Thanks

    Here is a 2007 328i with auto, navigation and gray metallic.

    Selling Price: 35500$

    36 months

    12k per year

    $1323.00 total out of pocket

    $441.70 plus tax

    Residual :63%
    money factor .00160

    Thanks
  • dan12dan12 Posts: 114
    If I go to "Build Your 328xi" Coupe on bmwusa.com, it says right on top "My BMW 2008 328xi Coupe." Doesn't that have all the colors and features for 2008? There is basically no change from the 2007 model so you shouldn't have to worry too much about buying sight unseen. I definitely agree that you wouldn't want to buy a car that you can't get details on. You shouldn't have to do that since your dealer should have all the details on the 2008 model.

    One thing that I can't know is whether the 2008's are being produced already. Since they are not producing anymore 2007's, it's logical to assume that they don't have their manufacturing sitting idle and that they have started producing 2008's. But you should check with your dealer on delivery estimates. For me, it took 8 weeks.
  • I believe you are paying about $800 above invoice. The 2007 328i are available for $200-$300 above invoice or at Invoice.

    Also, the MF is a bit high. With 1 SD you should be able to get that down to .00140

    This should drop your monthly payment by about $20.

    Where are you located?
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