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jpl
P.S. Thank-You all for the great help & guidance on this site!!!
And another question....If i wanted to purchase a 05 330ci about a year from now, will they still have it?? or will they only have 06's??
Thanks in advance!
Thanks,
I wouldn't make that assumption.. The CPO cars have a warranty, and the dealer certifies that they meet BMW requirements for that program.. It doesn't mean the car has been accident free or that there haven't been any previous problems.. Just that the car as it is now, meets the program requirements..
regards,
kyfdx
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Supposedly, the sedan will be introduced first in March '05, followed by the coupe. As to when individual option packges will be available, it's anyone's guess. I think the performance package option on the coupe will be available until the end of the E46 coupe run. It's good marketing and profit margin on an excellent car by BMW.
with automatic,premium package,metallic paint,&
leather.MSRP is shown as $37,395.
Questions are: When should I order,for delivery in April or May 2005? What might be the end date
to get the 2005 model? Would $1200 to $1500 under MSRP be a reasonable deal?
Thanks in advance, Rayn
2) $1200-$1500 would be good right now... February is usually a great time for car deals.. You might be able to do better at that time.
3) I think '05 wagons will be made through July, at least... So, you could order as late as June and get one delivered as late as August, if that fits your needs.
4) Your option package is pretty standard.. If you are willing to live with an extra option or two, you could probably find one that you want on a dealer lot.. might be able to get a better deal on an immediate delivery than an order.
regards,
kyfdx
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Rayn
Maintenance on '03s is included for 4yr/50K.. They can bump that out to match the CPO warranty period for about $1000. I would try to negotiate that into my deal at the very least.
Also, have the car inspected for previous body damage.. Just because it is CPO, doesn't mean it hasn't had extensive work.. Paint work on a BMW just kills resale value.
I haven't priced used 330i's in awhile.. The new '04s recently had $3000 dealer cash, so that should be holding down the value of late model used ones.. CPO asking prices are usually a little on the high side.. Shop around and see what is around.. Don't be afraid to ask for a couple grand off plus the extended maintenance.. That one has a lot of options...sounds nice. What color combination?
regards,
kyfdx
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So figure a little service, a little detail action, drop the CPO in there and it's probably hitting the table at in and around the $28ish figure ..... $33,200.? - thats lots of money for a 22k 330i, even with the auto and all the options .... $29,9ish would be fair for both, and $30,900 would be the "End of the World" .......
Happy hunting ............
Terry.
Here are the details of the car again (I think I mixed the details of 2 different cars in my original posting) -
2003 certified 330i, auto, steel blue/sand leather, 20700 miles, original in service date - mid november 2002, premium, sports, rear side impact air bags, PDC, heated seats, xenon, HK sound system.
The original price quote was $32000, yesterday's price quote is $30800. Recently there has been a $3000 incentive on new 2004 330i.
I plan to get the carfax report on my second visit (the salesperson offered to get it at no cost if I like the car :-). I also plan to get it inspected by another auto body shop for previous accidents/body work.
There were couple of certified 2004 325i in there with 8k to 12k miles. The one which looked good had 14230k miles, siler/gray leather, auto, premium, sports, fold down rear seats heated seats, xenon, KH sound system - listed for $32000. The in service date is march 2004. I think the dealer will come down to $30500 (although the tires won't be replaced since these are demo/manager's cars). New 2004 325i have $1500 incentive. Let me know what you feel.
I have some questions regarding the free maintenance plan -
1. Does the 4yr/50k miles maintenance plan covers only the brake pads/roters. Also, is the certification end extended plan transferable if I sell the car later.
2. As kydfx suggested, getting the extended maintenance plan is a good idea for additional $1000 approx. Will it provide the same coverage as original plan.
Thanks for your help and I appreciate your comments
car has A/T, Prem Pkge, Xenon, Cold-Weather Pkge., Met. paint. $24,865 Residual
MSRP, $46,665
$1987 up front, $475+taxes
Thanks
You have an interesting dilemma.. You've found two pretty nice cars..
I'm pretty familiar with that 325i, since it is outfitted exactly like my '03, except for color... That '04 likely MSRP'd for around $38,800-$39K...
Of the two cars, assuming you can buy them for the same price and assuming both are CPO (check again on the '04), I'd say the 325i is a little better buy, and you'll have almost 1.5 years more warranty. Of course, the 330i has a noticeable difference in power, and if after driving them, that is important to you, that might be the way to go..
If you are down to the final negotiations, those prices you have seem reasonable... If you can get them to pay for the extended maintenance, that would seal the deal for me..
1) The maintenance plan covers all scheduled maintenance (approx every 15K miles) and other items such as brakes, wipers, etc.. It is pretty comprehensive...basically, during the first 50K, you'll pay for nothing but gas and tires..
2) The extended maintenance plan is identical... and will cover the notoriously expensive Inspection II at 60K miles.. (usually at least $600). The time/mileage limits on the extension match the CPO warranty exactly.. I recommend it, because you are going to the dealer anyway for warranty work.
Hope this helps,
kyfdx
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1) I like to put the minimum down upfront.. 1st payment and security deposit only.. In your case, about $1000.
So, rolling another $1000 into your lease payment will raise it to about $505 + tax.. That is pretty cheap for a $46K car.. Even without having all the specific cap cost and money factor numbers, I can tell its a good deal..
regards,
kyfdx
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Thanks!
'05 325xi with auto, navigation, leather, sports package, xenon, heated seats, metallic paint, on board computer
$540/month payment including taxes, for a 36 month lease, with no down payment, and 525 bank fee, 550 security deposit, 250.50 tags fee
Cap cost: 36,030 (the invoice for this car with the options on the edmunds site is 36,075)
Residual Value: 60%, which comes to 21,618
Money Factor: 0.00215x2400=5.16%
Most other quotes have been about $20-40 higher per month.
What do you think? Fair deal? Does the low cap cost seems a little shady? The dealer might be playing games. Thanks.
AKSDPM
That said, $37,200 would be a decent deal... I can't imagine them selling an '05 for invoice.
regards,
kyfdx
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MSRP $39,345
Cap cost $36,030
MF .00215
Residual 60%
36 months..
I took all those numbers from your post, except the MSRP, which I looked up..
It came to $473 + tax.. I've found that in most lease calculators, it works better to leave the tax percentage out.. Different calculators figure it differently....
regards,
kyfdx
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Thanks.
I ordered the I-Pod feature when I bought my car. The dealer originally charged me $249 at the time of purchase. I assumed it was $149 for the part plus $100 for the installation. I had to wait over a month since the part was backordered.
When I went to pick up my car, the dealer said I owed an additional $250 for the installation. This seemed really high to me--$350 in labor just to connect a wire from the radio to the glove box. After I complained, the dealer knocked the price down a hundred bucks.
I still can't help but feel a little deceived and overcharged. $400 total, to mod my car. Is this what others are paying?
Many thanks.
After checking with industry sources, it is Edmunds' position that fees on the manufacturer's invoice are not negotiable. However, if duplicate fees (such as the "D&H" fee in this VW contract) are written into the contract by the dealer, these additional charges can be challenged.
If it's not on the manufacturer invoice, I'd be wary of paying it. It seems like you've already been charged a destination fee (delivery fee) on the manufacturer's invoice, so I wouldn't pay the same sort of fee twice.
kirstie_h
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Don't want to blow a good deal over "principle".
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It sounds like you're getting a great deal that's going to make you happy with the process and with your car, so congratulations! We hope that everyone can have the same attitude.
kirstie_h
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Thanks again guys for all of your help. This site has been very important to my buying process.
And Kydfx -- I could have bought the silver gray but I went for the steel blue. I thought it would be more cheerful on those cloudy winter days and ofcourse, I know its faster.
My steel blue car will "dust" any silver-gray.. you made a good choice!! ;-)
regards,
kyfdx
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Is it a demo, or a factory driver and bought at the auction .?
Terry.
It's probably worth mentioning that I would get 2.9% financing.
Yolanda
'04 xi manuals may be hard to find.. but, that doesn't mean they should bring a premium price.. I would think the 325xi should be around $33K or less..
regards,
kyfdx
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2) If it is CPO, that is a good thing.. You have a car that has only been in-service for a few months, so you have almost six full years of warranty.
3) That car probably stickered for over $38K brand new.. You are definitely in the ballpark as far as price..
4) The only thing that would concern me is previous body damage.. I'd want someone to look it over and ascertain if it has had any paintwork... If its free of body and paintwork it sounds like a really nice car.. that metallic black is nice..definitely preferable to jet black.
regards,
kyfdx
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Does the $35k include options? The cars (both the 325 and 330) I'm looking at has the cold weather package, premium package, xenon lights and metallic paint.
Does this change what you think the cars are worth?
Because I'm not good at negotiating and I wanted to get a response I offered $36k out the door. The salesperson immediately said the no - the manager wouldn't go for it. I'm waiting to hear the manager's offer. I love the car, but am willing to walk away if I feel I'm paying too much.
Yolanda
Wonderful forum! I was wondering if anyone here has any experience with dealers in SF bay area. I am looking to lease a 2005 325xiT in November. After a bit of research online and on Edmunds the invoice for the follwing car (including destination chrage) comes to $38,170. Can anyone advise me on what I should expect to pay monthly with minimum down payment and 15K/yr lease?
Metallic paint
Premium Package
Cold Weather Package
Sports Package
Navigation System
Xenon lights
HK Soundsystem
Full size spare
Thanks much for your help.
KK
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A family member in New England is ready to lease a new 2005 325ci convertible. The particulars:
Alpine white exterior, black softtop
982 Body colored hardtop
N6 Leather upholstery
205 Steptronic transmission
494 Heated front seats
That car lists for $45,215.00. The dealer has initially reduced that to $44,000.00
Is $1215.00 off list as low as dealers are going to go on this car? Or in anyone's recent experience would a dealer go lower?
Thanks,
Lenny