BMW European Delivery

sameem

I received a quote for $1000 over ED invoice on a 2006 330. However he's trying to tack on a $825 "bank fee." On a non-ED car, he was charging a $825 "acquistion fee." Is this just a bogus fee, or does everyone pay this "bank fee" on an ED purchase? Also is $1000 over invoice and a base money factor a low-ball offer? He was claiming they make no money unless they raise the money factor .0004. Thanks.

v_lad

I have have never heard of bank fee or acquisition fee. seems like they are trying to get money one way or another. be firm! 1000 over invoice and 0.00225 money factor for 36 month lease is a good offer.
that 1000 over invoice is exactly the ammount of profit they get as invoice price already includes dealer expences (handling and destanation fee of about 600-700)

blueguydotcom

Ask to see the fees broken down.

You will, if leasing, have to pay the first month, security deposit and a few fees. If you're coming off a lease, then no security deposit. Kyfdx can answer more about specific fees.

As for raising the mf 4 points, I fought this on my car and got it down to 2. Use leaseguide's calculator to determine the difference. if you're cool with them getting the extra 2 points in profit, then let it be. I feel 2 points and $1000 is enough profit for a car that didn't come out of allocation. Let them make it up on service and other folks buying. Remember ED is very little work or effort on the part of the dealership. And it's all positive for them. Remind them also that you're leasing so that will mean a return in 2009 for the next car.

kyfdx

Are you leasing? If so, there is an acquisition fee (aka bank fee) of $625.. BMWFS allows the dealer to mark it up to $825 for extra profit...

If you are buying the car, there is no fee..

sameem

Yes, I am leasing. I was just confused because on the Non-ED quote, the bank fee was $825, and on the ED quote, the bank fee was $825 as well, and I never saw MACO anywhere. So I figured the $825 was MACO. So when people say they recieved $1000 over ED invoice, its actually $1825 over ED invoice? $825 makes a $25 difference in payment.

kyfdx

No.. you are still getting $1000 over invoice... The bank fee is paid on every lease.. ED doesn't have anything to do with that...

Every lease... not just BMWFS..

chen79120

Regarding to ED program, could someone provide me the answer for question below, thanks a lot in advance !

I live in bay area. I am not a US citizen, but I have a green card (Permanent Citizen). Will that cause any problem when they deliver/ship BMW from Germany to US for me ? My concern is mainly related to those custom/port stuff. For instance, will government say: "No, you can not receive BMW from Germany to USA at this price, or we need to charge you more because you are not a US citizen.."

Again, thanks a lot for your kind help !

wiseguy919

I want to lease a 330xi with sport package, navigation package, graphite metallic, heated seats, premium package, comfort access and pick it up in Munich. They are quoting me a price of 645 a month/36 month lease. Do you guys think this is reasonable with no money down except for first and last months down and 1000 deposit to begin building the car which is deducted from the price. Does anyone have any thoughts if this is pretty good or not? Thanks everyone.

erickpl

I am by NO means an expert here, but I think the only thing you need to worry about is being able to leave this country and enter Germany to pick up an ED vehicle. If you can buy a vehicle now, the ED option should not be a problem tax-wise. It is the entering and leaving of the US and Germany you should probably check on.

-Paul

chen79120

Hi, Erickpl:

Thanks a lot for your reply. As I got a green card, I believe it should not be problem for me to leave/enter US and Germany. So I am more worried about the "car". But thanks a lot !

If anyone else can provide any further information, that would be great ! thanks.

jb_shin

It does not make much difference to BMW whether you are a "citizen" or holding the green card. I would check with a knowledgeable ED-experienced sales guy, who can then check with BMW NA and BMW AG for more detail. I doubt you will have any issues.

customs matter is handled by BMW NA and it is really no different than buying a car here in the states (which it is)

v_lad

That's high.
you should get below 550 before taxes and 520 is a price for witch i'd lease that car on that terms (it's still not lowest possible)

Explore bimmerfest forums to get an idea of a good price.

blueguydotcom

Get this info:

MSRP
Your price
The residual
The money factor

You shouldn't have to deposit money for an ED car.

edmundstephen

For those who are interested, there's a European Delivery article up on InsideLine:

http://www.edmunds.com/insideline/do/Features/articleId=115580

blueguydotcom

The article's making the rounds at bimmerfest too.

ED's a blast. Assuming I get another BMW that's built in Germany, I'll certainly go for ED again.

brightness04

A quick quesiton, say in a 30-mo lease, does the clock and payment start when the car is in Munich or after it's delivered in the states? In otherwords, who pays the interest and depreciation during the 6-8 week transit?

shipo

It used to be that the lessee would pay the interest while the car was on the boat (which is the way it was when I did the ED thing), now BMW-FS "Splits the Cost" as I understand it. Yes, it cut into the savings by a couple hundred dollars, however, given that many folks pair the ED trip with a vacation where they'd need to rent a car anyway, that extra expense is far outweighed by not needing to rent a car.

FWIW, for us "East Coasters", the transit time is only about 4 weeks.

Best Regards,
Shipo

blueguydotcom

Leases on ED start 14 days prior to pick up. BMW pays the second month of the lease. Transit time is dependent on your location. Guys on the east coast usually get their cars within 6 weeks. West coast can take up to 10 weeks.

My car is supposed to be delivered to me on June 7 - almost exactly 8 weeks after drop-off. Of course I dropped off my car over a 4 day holiday weekend in Munich.

As Shipo pointed out, most of us use the car in europe too, thus saving rental costs. Two weeks of car rental is quite expensive anywhere, but especially in europe.

bigdrunk92037

I have looked around and still have some euro-delivery questions.

Financing- How do you finance a euro delivery? Is all you need the vin#?

Timeline - Roughly how long from when you order to when the car is ready?

I was planning a vacation anyway and might as well save some $$'s.

bigdrunk92037

when doing ED, is the free maintenance still in play?

blueguydotcom

Finance through BMW = best and easiest option. You can use other companies but it gets more complicated.

Ordering takes from 4-8 weeks. I've heard of guys getting cars that were already being made.

Normal maintenance schedule and free service. It's all the same.

justin12

If I have a trade-in, when do I have to turn in the trade? Is it when I sign on the line for the car or when the car arrives in the showroom from Europe? I don't want to have to rent a car for 2 months while the car is being shipped.

530ir1150r

I did not trade anything but, you have several options:

1. Trade your car in when you sign the papers and rent a car near the airport you will leave for Europe. You will have shuttles to and from the main entrance and no extended parking charges. Cost for a 2 week rental should be less than $300 and less than $500 for the month after, but extended parking at the airport can easily be $150.

2. Trade your car in when you sign the papers and rent it back from the dealer.

3. Settle with the dealer based on a future value contingent on future condition and mileage.

4. Sell your car privately after redelivery of your new car.

#2 should be easy while you are negotiating. #3 leaves 2 months of uncertainty. #1 is most convenient and #4 is what I did.

edmundstephen

Yes, you still receive free maintenance/warranty with ED. But that clock starts ticking when you pick up the car and continues to run while it's on the boat to the US.

Stephen

edmundstephen

Yes, some finance companies (e.g. Capital One) understand the ED process and will usually finance with just a VIN. BMW has a comprehensive insurance policy covering the car until the arrives in the US. Be very up front with the account manager, and get them to note in your account that you told them it was an ED and they have no problem with it. I've heard horror stories when people try to hide the fact that it's an ED from the finance company.

Stephen

sfcharlie

We built a BMW 530i online:

MSRP
$47,500
Options and accessories
$2,725
Destination charge
$695
Total price as built*
$50,920

What would be a good sales price, money factor, residual, and monthly payment on a 24-month, 15K/yr ED lease, with nothing down?

vsaxena

Residual is 70%.
MF is 0.00225 with ED adder it is 0.00255
You are really low on the options though. Are you sure you got what you wanted?

The ED Invoice of the base car is $40,200. With options and destination charge it will be $43,500. With $1500 profit sale price would be $45000. With the $625 acquisition fee added to cap cost, pre-tax payment is $612.95. Security Deposit is $650. If you make 7 extra security deposits, the pre-tax payment is $575.62 with 8 total security deposits of $600 each.

Note that you have to get the base interest rates; the dealer can mark them up by 0.0004. He can also mark up the acquisition fee to $825. The lease rates right now are OK. They were much better in Dec/Jan when the 2006 were being cleared out.

ajfinoak

I have seen numerous posts about paying 1000 over ED invoice- where does on find out that price? Local dealer told me ED discount is 7% off of MSRP of base car and then add on options- does not sound right to me but the ED option sounds great.

blueguydotcom

The dealer is yanking your chain...and trying to make a massive profit.

Ordering an 06 is out of the question now. Only 07 prices for the 328/335 coupe are available at this time. Bimmerfest.com's 3 series forum has the file containing ED pricing. http://bimmerfest.com/forums/showthread.php?t=154682

Here's the 06 3 series pricing in pdf format: http://bimmerfest.com/forums/attachment.php?attachmentid=54549&d=1122480781

Figure out what you want in terms of options. Add it all up using Base Price Euro Delivery Munich Pick up. Add in 695 for shipping and $750-1250 in dealer profit. In your area contact the BMW dealers and ask who handles ED. Contact that person and tell him precisely the price you will pay (be sure to mention it's the ED invoice, not the ED MSRP). Tell him XXXX number over invoice is their profit if they accept the deal.

ajfinoak

Thanks MUCH- very helpful.
Do you have any info about where I could find info on wagon pricing as well as if/when the 2 WD '07 3 series wagon will be coming to the US?

bschless

Does anyone have an up to date price sheet for 325 convertibles? We just got the "7% below MSRP" and want to cross check it against invoice.

blueguydotcom

There are no e92 325 convertibles for 07. If you order a convertible it will be the e46.

blueguydotcom

I don't know about the wagon pricing, sorry.

wco81

In one of these threads, I think you said you had a lease which worked out to like $5700 a year or something like that?

What was the actual figure?

Was that for 15k miles and included all the taxes (over the life of the lease), driveaway costs, disposition fees, acquisition fees, etc.?

blueguydotcom

WCO,

I paid around $820 to start my lease. That included my first month's payment of $472. So the fees on my 2 year 15k mile a year lease were about $348 (most of that was title). I already had a BMW lease so no security deposit.

BMW pays your 2nd month.
And I got the BMW CCA Rebate of $500.

11676 - 472 (payment by BMW) and - 500 (BMWCCA) = 10704 or $5350 a year.

MSDs would have made it sub-10k easily. I'm still trying to figure out if I should drop the car on swapalease.

wco81

Does that $472 include sales tax?

What does the 11,676 represent, 22 payments at $472?

What were the MSRP, selling price, MF and residual, if you don't mind my asking.

Thanks for the info.

I thought you said you had an even better deal on the E46 lease?

blueguydotcom

That's tax included. That's $472 a month for 24 months plus the title/doc fees. Subtract 1 month and $500 for the total I'll pay.

I think my MF ended up at .00225 or maybe 00255. Can't recall. It was a fight. Selling price was 36.2. MSRP over 41k. Can't remember the residual but it was around the mid to low 70s. Sorry.

My e46 was more per month, plus I didn't get a rebate or any free months. The MF on that car was stupid low though - equivalent of 0.7%.

diggermcbarker

Can anyone please provide info about ED invoice pricing for 2007 330 models?

Thank you.

diggermcbarker

There are some color options on the BMW international site for exterior and interior leather than are not available in US dealerships. Does anyone know if these can be selected when ordering through ED?

Thanks.

diggermcbarker

That was exterior color option and interior leather color option.

calif65gm

No unless you can convince a dealer to do a BMW Individual for you.

An ED car is exactly as a US delivered car except for the fact that you pick it up in Munich and get to drive it around on the Autobahn before shipping it back home to the US.

blueguydotcom

No pricing is out for the 2007 3 series sedans. There will not be a 330 or 325 in 2007. They're supposedly going to the 235 hp 328 amd the 300 hp 335 model designations in 2007.

Figure base pricing about 1500-2k more than the 2006 cars if the pricing gap holds with the 2007 coupes.

nivki89

We just get back from Europe. What a blast, what a memory!!!
From Munich to Madrid (thru Zurich, Milan, Monte Carlo, Nice, Nimes, Barcelona) - 1832 ml.
Yes, someone can fly on Monday Morning, drop car the same day and fly back - but this person will miss all the fun. I will defenetly do this again!!!!

shipo

I know that many folks object to being "required" to show up in person to collect your car in Germany, and they usually have any number of reasons for claiming that doing so is silly. You and I and many others as well have discovered what an absolute pleasure it is to drive our new cars in the environment for which they were designed. Four to ten weeks on the boat? Shrug. So what? Spending twelve to eighteen hours on an airplane? Shrug. I love to travel, no problem there. Can't speak the language? Shrug. It's a good chance to learn, besides, English is pretty common all over western Europe.

I'm very glad you enjoyed your trip. When does your car hit our shores?

Best Regards,
Shipo

bschless

At the last minute we decided on an ED of a 325 conv. Was told we could pick car up last day of Tuscan vacation by flying to Munich, sign, take to ship point, fly back to Rome and fly home. Required 5 a.m. departure from Tuscany for only availale flight. At 5:15 found passport was missing (found in restaurant one hour away). Missed non-refundable flight on Alitalia Rome/Munich/Rome, missed non-flexible, non-refundable flight back to States, etc. I do despise Alitalia so...

After a 9 hour train trip from Rome to Munich the delivery went flawlessly. Spent the day in Bavaria driving around castles, etc. Dropping car off this noon and taking a flight back to States today.

Moral: Don't even consider doing this at the tail end of a vacation. You need LOTS of time for aborts/adjustments in plans. They just happen. I've travelled Europe for 40 years, never lost a passport, etc. but there are too damn many tourists and the system isn't equipped to handle the load. So expect long lines, missed planes, and aborted plans (and carry a Xerox of your passport in your wallet!)

Also..unless you want to spend $75 from the airport to ED leave an hour or two for the public transportation system in Munich. It works well but is a trifle complicated and the ED is hard to get to (and the subway stop closed for repairs at the place you're supposed to get off at for ED).

jb_shin

(and the subway stop closed for repairs at the place you're supposed to get off at for ED).

This happens every summer in Berlin and other cities in Germany. They tend to use the summer time to do repairs work and close stations and section in a route. Buses will run to connect the station but will add quite a bit to the travel time.

nivki89

ETA for September 3
Load today on "Leo Leader" in Zeebrugge.

jjordan1

Hi folks - I am new to this so please help me out.

I am an Irish person living in the US and plan on moving back to Ireland shortly. I am trying to find out if I can import a right hand drive BMW X5 into the US through a dealer. Are all of the BMW X5's for the US manufactured in Europe? I assume if they are adding on a right hand drive to the dealre order should be straight forward.

This will allow me to keep the car in the US for 6 months and avoid a large tax payment when taking the car back into Ireland.

Any experts out there?

kyfdx

All BMW X5s are made in South Carolina... I doubt they will deliver a RHD model in the USA...

pearl

I am not aware of any restrictions on bringing a right hand drive car into the U.S. (you see them frequently). Unlike my experience living in Australia, where I shipped my car and drove around for a couple of years with a "Left Hand Drive" plate bolted to the rear, there is nothing to my knowledge like that in the U.S. Now, if you are bringing in a brand new car, there may be some issues (???), but if the car has already been licensed (used) somewhere and simply imported for use in the U.S., I do not think there will be any problems - but I may be wrong.