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I have an offer from a local BMW dealer on '08 328 convertible, and I need some of you experts' opinions:
08 328 convertible
Automatic transmission,
Comfort Access,
BMW Assist with Bluetooth,
IPOD
MSRP: 47300
Sale price: 43905
36 mon/ 12000 lease:
1153.42 total due at signing
708.18 / month including tax
Do I have a good deal?
I just leased my 335 coupe and got around $4k off msrp, money factor was .0017, residual was 54% (that should be same across all dealerships), and acq fee negotiated down to $625. I did 36mth 15k miles per year.
Hope this helps.
I recently saw one under my specifications being advertised for 29k but this is without CPO, and that worries me somewhat.
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
(I GET DISCOUNT) buyers. damn people get a grip. buy bmw for what it is and if you cant than go buy a domestic or other platform sharing models im sure they could and will (GIVE YOU DISCOUNT)
Look, everyone has the right to throw good money out the window, and if it makes you feel superior to brag about paying full pop for a BMW, then be my guest.
Judging from the quality of your 2 posts, you certainly need something to feel superior about...
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
Well said.
Z
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
2008 328i, auto trans, 9k miles, excellent condition
premium package, Ipod accessory
black/black
thanks!
335i sedan.
36 months/$12K
Alpine White (color my wife wanted)
Brown Leather seats
Premium package
Automatic
Heated seats
iPod
satellite radio
MSRP: $44,995
Net Cap Cost: $40,115 (i might be "slightly" off on this as I wrote everything down on paper and had a two numbers for this but difference is ~$100, but everything else is definitely correct. I can confirm this number later)
MF: .0015, Resdidual 58%
$1200 down w/ total drive off of $2280 (includes 1st month payment, tax on cap cost reduction of $116, registration fee of $341, Doc fee of $45, etc)
$494.57 + tax per month, which amounts to $535.37.
What do you guys think? We shopped around all across so California, and this was the best deal by far we could find.This forum was immensely helpful.
I'd love your opinion on what I should expect to pay for a 2006 C325i CPO with 30k miles or less, with a premium package. A dealer in South Florida has one posted with 29k miles for $25,000. This car also has Sirius and poplar trim.
They have a lot in the $25-28k range. My local dealer has slim pickings and a slightly higher price.
Thanks!
I am looking into buying a 335i convertible with the following specs: automatic
nav.
ipod
sports pck.
premium pck.
comfort acces
in monaco blue w/beige interior
I was quoted @ $53,935 plus taxes, license and title.
I know the car w/out E.D is around 58k-59k MSRP and E.D. is something like $56,000, this sounds like a good deal, any suggestions??
http://www.bimmerfest.com/wiki/index.php/ED_Order
You should never pay the ED listed price from BMW's site.
There is a an ED wholesale price list on bimmerfest.com for 08s anyways.
Net net pricing guideline is you can get the price down 11% from U.S. MSRP although you need to get the actual pricing info for the model and option you are buying and load into a spreadsheet.
Check my post on how to get the pricing sheets:
http://townhall-talk.edmunds.com/direct/view/.ef0f82e/1395!keywords=allin%3Amsgt- ext%20limit%3A.f0a3035%20wholesale%20pricing%20manybmws#1395
With that said, I was able to work out the following deal with BMW South in Atlanta:
2008 335i Sedan
Manual Transmission
Silver metallic paint / black interior
Premium Package
Sports Package
iDrive
Comfort access
Satellite
iPod USB
Split rear seats
Park distance control
MSRP: $49,345
Selling Price: $45,985
Acquisition Fee: $725
Cap Cost: $47,309 (includes acquisition and $599 roadside hazard)
Residual: 56% (3 years / 15K a year)
Money Factor: .0014
Tax: 3%
Monthly payment: $671 / month
Upfront: $1590 (first month's payment, $149 documentation fee, $3 lemon law, $700 security deposit, $65 registration fee)
I personally think this is a great deal, but would welcome other people's opinions. Happy shopping everyone
The car is fully loaded and less expensive to lease than the 2009 Audi A4.
Thanks,
328i
Navi
Steptronic
Premium Pkg
MSRP: 40300
Invoice: 37690
Selling price: 36690 (-3610 off MSRP, -1000 off invoice)
15K @ 36 mos (56% residual)
MF = 0.00091 (w/ 4000 sec deposit)
Monthly payment inc. tax = 483
Drive off = 5731
includes:
License fee: 303
Bank fee: 898
First month
Security deposit = 4000
Lease would've been 0 security deposit with 524/mo, and total lease payments would've been 20K and some change
With 4000 security deposit and 483/mo, total lease payments ~18600.
--experience--
Salesperson saved me $1400 because I didn't know about MSDs. First dealership I went to didn't even bother telling me about MSDs
Also, salesperson had his lease calc on his computer in front of me the whole time, and did a 'print screen' when we were done. Took the time to go over lease calculations until I figured out how to do it right. All this, and didn't ask any questions initially but went below invoice without having to haggle to get there.
" Most leases will require you to pay a security deposit at inception. If a MSD program is available, you pay more than one security deposit. Each additional security deposit will lower your interest rate by a certain amount. That lower interest rate will result in a lower monthly payment. You can calculate an implied rate of return by comparing the monthly savings against the initial "capital outlay" (the additional security deposits). For example, if you pay 6 security deposits at $600 each ($3600 capital outlay), and your new monthly payment is lower by $30 per month compared to your original payment without the 6 MSD, your yearly savings is $360. Applied against the initial capital outlay of $3600, your implied rate of return based on the yearly savings of $360 is 10% - TAX FREE and GUARENTEED. At the end of the lease, you get your $3600 back.
Different manufacturers may have different programs. Some will not have such a program."
MSRP 35,400 (basic 328i model)
Dealer price 32400
Residual 0.59
Money factor 0.014
Downpayment 1498 (including 1st month payment)
10,000 miles/year
Monthly payment $ 417+ taxes
Is this a good deal?
thanks!
this a good deal? i really want fold down seats, but is this too good a deal?
PP
SP
Step w/paddles
Heated Seats
iPod/USB
MSRP: $46,200
Sale price: $41,000 + TTL
If it wasn't a slushbox it would be in my driveway tonight. :sick:
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
I agree, the same dealer had a CPO 2008 335i stick with 11k equipped about like the new 2008 for $39,950. Now I realize that the price is negotiable, but still... a new one for only $1,500 more plus 0.9 financing?
Mine: 1995 318ti Club Sport-2020 C43-2021 Sahara 4xe-1996 Speed Triple Challenge Cup Replica
Wife's: 2015 X1 xDrive28i
Son's: 2018 330i xDrive
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
A 2007 335i sedan in my area with only 14k miles, equipped with SP, PP, CWP, manual side shades, rear parking sensors and the dreaded AT, for only $36,400. I plugged this info into Edmunds' used car gizmo using "good" as the condition and they came up with at least $42k CPO' d. A new 2008 335i sedan would go for $45k-$47k with all that stuff, depending on your bargaining prowess.
Of course someone who traded in a 335i most likely drove it pretty hard. I would hesitate in getting a CPO' d 335i for that reason. Even though BMW tests it, and approves it, who knows? If I get a 335i, it will be "new."
We may never see 0.9% financing on "new" 335i's ever again. Wow!
Here's one with 15k miles and it's listing at 35k:
# Premium Package
# Sport Package
# Sport steering wheel w/paddles
# STEPTRONIC Automatic Transmission
# Light Poplar Natural wood trim
# Fold down rear seats w/ski bag
# Heated front seats
# Park Distance Control (rear)
Brand new this car easily sold for 47-48k.
That's a sizable 26-28% drop from MSRP. And there's always wiggle room to get them down more.
Paying around $10k less for a loaded 2007 335i sedan with 14k miles as a CPO over new, sounds great. Of course, some of that advantage would be lost in financing. New 335i's are going for 0.9% interest. I figure as a CPO, the 2007 335i would be at least 3.9% through BMWFS. Around $2000 more in interest over 60 months than for a new one. Still, a good deal.
I bought a vehicle in July when my 545i lease was up. Not a BMW. First time in 15 years. Good thing I bought it instead of chaining myself down to a 3 year prison sentence . Nothing like having the flexibility to move on.
My wife must have been reading my mind in the car a few hour ago. She asked me, "Are you thinking of moving back to BMW?" She got that right!
The car you list is exactly how I would want mine, except for the heated seats.
I do believe that you can throw $33k at them and they would laugh, but the next day you would have the car for $34k.
Good idea about waiting for the 2009's to land here. Those 335i's aren't going anywhere. Most folks still go for the 325i's and 328i's and there are many more of those on the CPO list than 335i's.
By November, those 2007 335i's should be looking pretty good.
Now would I buy a 335i new with premium package or active steering? No. But if I bought a 335i new, I'd order it so spec and pick up in munich like my last BMW.
When you're comparing a 2008 civic to a 2007 civic and the price gap is a couple grand I can see saying buy new. But a BMW drops like a rock (same amount, but far more $$$$) after purchase, so why not just avoid that first hit altogether?
There should be a new crop of 2007 335i's coming to dealers this winter fresh off of their 2 year leases from the first kids on the block to "own" the twin-turbo.
I could be wrong (and way to lazy to look back in this forum..lol).
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I monitor the BMWNA CPO's frequently. Should be pretty obvious when those early boys bring back the twin-turbos.
One more good thing about buying off-lease CPO's-not only do you avoid major depreciation, but any problems-major and minor were already fixed thanks to the original kicking and screaming done by the original leasees and/or the CPO checkpoint inspection. There was a rash of 2007 335i fuel pump problems which should have been fixed.
There are some good deals right now in my area; for example, a 2007 CPO 335i sedan, 13,600 miles, with PP, SP, ST, paddle shifters, manual side shades, back up sensors, and CWP for $37,980. Tempting, but I will wait for winter and the beginning of the return of the 2 year leased 335i's. Looking for $35k or less.
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In spite of the discount of CPO vs new, and although I was very tempted to go the CPO route, when we took delivery of the new cars, I had absolutely no regrets about going with new.
All these forums talk about wasting your money on a BMW if you don't really drive it the way a BMW should be driven. That means flogging it hard, perhaps on a track. With the oil overheating issues on the 335, high-pressure fuel pumps failing, etc, even with the pre-sales inspection done by BMW for CPO cert, you take a big chance on having major repairs. All CPO means is that BMW will repair it when (not IF) it fails. That's not to say that new cars may not require service, but at least the 2nd or 3rd model year would have had these issues resolved in Munich, not at the local BMW dealer.
I drive my cars with respect, pushing them when necessary, but far from abuse. Even with the off-the-lot depreciation, the residual will be better than leased cars, notorious for having been neglected and abused. And if the plan is to keep the car for years, who cares about the off-the-lot drop in value?
Both of our cars are 6 SP stick. CPO doesn't mean that the previous owner didn't learn to drive a manual transmission on your shiny almost new ride. How many curbs were climbed or driven off before you got it? Those potholes that didn't quite crack the wheels? Was the oil ever changed?
No thanks. I'd rather not worry about it. My peace of mind is worth the price, but to each his/her own.
Besides, there is little else that is so naturally (and legally) intoxicating as the scent of a new leather interior. This, as opposed to someone else's stale cigar fumes and flatulence.
xeye
You're speaking my language (LOL).