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2) I thought that selling price was a pretty good discount also... although, I didn't check the lease numbers..
regards,
kyfdx
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Premium Package
Heated Seats
Automatic Trans
Sat Prep
MSRP ~ $36,345
Price Paid ~ $34,345
Finance Numbers ~ 4.9%/60-months
kyfdx
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2006 330i Sedan 36,600
Destination Charge 695
Sparkling Graphic Paint 475
Black Dakota Leather
Burl Walnut Wood Trim Included
Premium Package 2,200
Sport Package 1,600
Heated Front Seats 500
On Board Nav w/ IDrive 2,000
Comfort Access 500
Satellite Radio 595
Total MSRP 45,165
I am looking for a 3 Year Lease (12,000/yr) with zero down. What sort of pricing should I pay for this vehicle and/or what have others paid? Any info would be greatly appreciated. Also if anyone has the residual and money factors on this vehicle that info would be great to know also. I live in Michigan so tax would be 6%.
Prem Pkg
Cold Wthr Pkg
18" Upgrade
Power Rear Shade
Sport Pkg
Sat Prep
Thanks for any help...
Check this out: http://www.germancarfans.com/spyphotos.cfm/spyphotoid/6050228.001/bmw/1.html
The pics are down to the right.
Though.. you might ask other member's impressions on the subject here:
BMW 3-Series 2006+
regards,
kyfdx
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P.S.: $3K off MSRP sounds like a good deal.
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3yr/36K lease
63% residual.. .00225 money factor..
regards,
kyfdx
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The cheapest TEXAS dealer is Autoplex bmw. I've emailed all of them for a quote on a fully loaded 2006 330i.
sport
premium,
nav
comfort access
park distance
auto
This is autoplex bmw's reply:
"Thanks for the inquiry. We will discount a vehicle equipped the way you have specified $1000 from the MSRP including the floormats. This vehicle would have to be ordered. Give me a call if you have any additional questions."
I was seriously hoping to find a place no more than $500 over invoice. I figure even if it's out of state, then it might be worth the hassle and cost of having it shipped to me. (Hopefully, the dealer will split the cost...)
2006 BMW 325i
Automatic
Metallic Finish
Heated Seats
Satellite Radio Prep.
I spoke to couple of dealers and the best I got was
The MSRP is close 33,845, the dealer quote close 32,500 ( including the floor mats)
Appreciate your responses
Pretty unheard of to get $500 over invoice.... The best people are getting is $1000 over on in-stock cars. For your rare configuration, the dealer is right when they say they'd have to order it.... I can't imagine they'd take a short deal on a loaded, special order car like that, either.
Food for thought .....
The average Bimmer dealer sells 50/60 vehicles a month, some a little more, some a little less .. the average Ford store sells 150/200 vehicles a month ..... trying to get $500 over invoice on an 06 that has limited numbers and limited ordering capabilities isn't very attractive to the BMW dealer, it's actually a loser for the store ... but if you look long enough and far enough anything is possible ..... keep in mind, it's a Bimmer - and having the local service manager on your side is always a good thing ........ what price glory...?
Terry
I, too, need to order my car- why, I don't know, but I can't seem to find one- nor can my dealer(s). I am fairly particular, so it's not too surprising.
'06 330i
6-Speed
Premium
Sport
Arctic w/ either Terra or Beige leather
My logic would dictate that a special order car for a customer- money down, financing all set, etc is a no-brainer for the dealer. The damn thing is sold before it even comes off the truck!
Why is this scenario less attractive to a dealer- and why would a dealer not "do a little better", knowing it's an easy deal?
Especially if the ordered car has unusual specs and then you don't like it when it arrives then the dealer is mostly likely stuck with a more difficult to sell car.
Also keep in mind you can keep negotiating with another dealer the whole time that you're waiting and cancel and re-order if you don't mind starting over. So there's a lot more to it.
Anyways good luck.
Tell me if this is a good deal:
Sparkling Graphite Metallic
Automatic, Htd Seats, BMW Assist, Sport Package
MSRP 41,895
Price Paid 40, 095
.63 residual, .00225 MF $5000 out of pocket for taxes, cap cost red, first month, sec deposit, title & reg. Monthly Pmt 483.94.
Thanks. Cant wait till it arrives in early December!
**money down**: What money down.? .. $500/$1,500..? .. a dealer needs to get a non-refundable security deposit just in case a buyer switches to another vehicle like an Acura, Prius, they get transferred or they get tired of waiting and buy a blue one with green stripes from another dealer - and it happens everyday.
**financing all set**: That means nothing to the dealer .. they lose their reserve of $150/$250
**no-brainer for the dealer,
The damn thing is sold before it even comes off the truck!**:
Until it's sold, delivered, they scratch off the MSO and get their money from the lender, the dealer has nothing but a "maybe" .... in the meantime, the dealer starts paying floorplan on the vehicle the day the "dated" invoice hits the dealer and thats usually around 1/3 weeks before the vehicle actually hits the ground - at that time they are paying a quarter point over Prime, so the clock is ticking away the profit before it hits the lot ....
When it gets off the transport the customer is notified, it's PDI'd (serviced) and detailed .... usually as an average, the dealer is looking at 48/72 hrs by the time the customer gets time off work and they get their final $$ ... and you would be **amazed** how many times a customer will have a personal check, credit card or something of unacceptable means that the dealer has to wait for .....
I understand, and "you" understand that you're going to spend $35k ... but the dealer only see's $500 of it .. but you want the dealer to make $500 - and then pay his service, sales staff and the lights ..... think about it, how often would you do it..? ....
Terry.
I can accept calls through the bluetooth in the car, but I can't dial out unless it's from the phone and my address book will not download.
Did your dealer have to get special instuctions to hook yours up? Would you mind sharing whatever your dealer did to get yours up and running?
Thanks so much,
clborl
DL
Maybe thats just me.
It is kind of hard to evaluate your deal, when you have a big chunk upfront like $5000, and it isn't broken down... You say you have a cap cost reduction involved, but you don't say how much.. It looks like about $1500 of it went to a cap cost reduction..
That said, you got an $1800 discount from MSRP, and the dealer is using the base rates (we think)... I always like to roll the taxes and fees into the lease... but, if there is nothing extra in your deal, it looks fair..
regards,
kyfdx
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DL
Part of the draw of leasing - you've got no capital tied up in the leased vehicle.
Also, when do the November MF and Residuals come out? Anyone have any thoughts on whether they will better, the same, or worse than October? RE
I got a quote of $38900 as the OTD price for 2006 BMW 325i in Middlesex County, NJ.
This includes
06' 325i -- Metallic Paint Black Sapphire
i Drive/On-board Navigation System w/Voice Recognition
STEPTRONIC 6-Speed Automatic Transmission
BMW Assist
Comfort Access
Destination Charge
...and TTL
Delivery Time 6-8 weeks.
Please advise
Thanks
Sonny
Thanks
In Los Angeles CA
325i - Monoco Blue Metallic
Premium Package
Automatic
Heated Seats
Sat Prep
$34,800 + TTL
How does this rate? Opinions are greatly appreciated.
Thanks!
The 61% Residual is correct for 3yr/45K...
regards,
kyfdx
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But, if you are leasing, the total cash outlay is the most important thing.. Just know that the .0004 bump in the money factor is adding $25-$30 per month to your payment..
regards,
kyfdx
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You have to balance everything.... If they only knocked $1000 off the price, but gave you the base rate, you'd be in the same place....
But, it doesn't hurt to ask for more..
regards,
kyfdx
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Ordered a 330i with a sticker of $46,290
Price of car: $44,138
Driveoffs: $1102.24/Cap Reduction $2,897.76
Term of 48 months, 12k per year money of .00226 (Outside leasing company and was adjusted up from .00206) He indicated the finance department would not let him negotiate this. Did not get the residual.
Total payment: $582.63 including tax. The one part that was confusing is he added the acquisition fee back on to the price of the car, and did not include that in total driveoffs. Would I be better off going the other way. Did the good price I get on the car go out the door because of the higher money factor.
Thanks for your time and help!
I've been looking at various BMW enthusiast sites and what people have been saying is that the dealers in Northern California are particularly aggressive. Apparently, BMW of fremont is willing to deal at $500-750 above invoice. If I have to order the car, perhaps he can have it shipped directly to me?
Realize:
msrp: 45,695
invoice: 41,870
The difference is $3,825. The best I can get in TX is $1k off sticker. If I can get $500 over invoice. I'm saving $2300+.
I agree with the other poster, urnuts, it should be easy for the dealer to simply order my car. I think for processing my paperwork, $500 is a pretty good deal. Some of the other poster seemed like they work for BMW dealerships... I mean, come on, what's the logic : if they don't sell too many cars, they wouldn't want to make an easy profit off a pre-sold car? I don't know, but it seems unlikely. Esp. b/c it seems that all the dealers I've asked about ordering seem to require nonrefundable deposits of at least $1k. And not many walk away from that.
For my money, I want the best price, period. Let the dealership make its money off the other impulsive shoppers who overpay, but not me.
Just for reference, I've helped family buy at different times, a loaded passat and a loaded escalade esv for well under invoice. ($2.5 under for the passat, and $1.5 under for the escalade).
After all, while it's great to have a new car. It's also important to feel that you got a good deal. It'd make me upset to know that I paid only $1k off sticker, but if I had been a little bit more patient and thorough, could have paid $2300 less. I think it's entirely feasible not to pay more than $500 over invoice for this car. One dealer will want the easy money...
1) Nothing wrong with adding the acquisition fee into the cap cost...
2) Generally, you are better off not making a big cap cost reduction... I realize it lowers your payment, but it really doesn't do much to lower your total cash outlay over the four years..
3) Not knowing the exact lease numbers... I'm still surprised they didn't try to put you in a BMWFS lease for 3 years... From what I can tell, they could offer you a slightly lower payment, if you went with the three year term.. It makes me wonder if they are hiding some large profit margins in that 4 year lease..
regards,
kyfdx
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Whoever replid to my post assumed every scenario possible that would not favor the dealer- from my financing, to my down payment, to my intention to complate the deal. Wow.
Anyway........... How about a non-refundable check for $10,000 & I finance through BMW and the dealer (!)- now can they order me a car and cut me a better deal?
I'll make my offer tomorrow on an ordered 330i; Leather, 6-speed & sport. Arctic w/ beige or tan. I'll shoot for $2K off sticker- that seems pretty good, but not unheard of. If they can find the car somewhere, great. I was told that the delivery time if I order now will be 4-6 weeks if they have a slot in production.
I'm in business- and an easy deal is, well, an easy deal. Make my life easy, and I'll make it worth your while. I sell pizza, makes no difference. A pre-sold car means you start the month out with 1 car already sold.
Dealer once said- "I'm only making $XXX on this deal" Fine- you nailed the guy who just drove out of here for full sticker, and the foolish old lady last week for MSRP, plus paint, fabric and rust...... You should have NO problem making just $500 on me!
I sell large Pepperoni pizzas to people for $14, $10 and $8. Same pizza, same service.
$14 is when you walk in and say "large Pepperoni" (menu price).
$10 is when you walk in, grab some coupons, look them over and say "I'd like the $10 deal, please"
$8 is when you actually look at the offers I send in the mail, put on pizza box, etc.
I'd like to sell the pizza to everybody for the same price- doesn't work that way, though. So, the $14 is subsidizing the $8 guy, to a certain degree. Rest assured, I'll take your $8, smile and say "Thanks, have a nice night".
If the difference in price is not important to you, may god bless you! And there are people like that- I suggest they look at the coupons. "no, that's ok" God bless!
Well, when I get my 330i, I want the $8 car, and I'll look for the coupons, 'cause the guy who just left the lot paid $14! Yes, I'm done!
I'll never get why people come in here and ask what others are paying for the car. My private valuation is all that matters...the first 200 buyers may have paid 3k over invoice. I still want the car for $100 over (unless there's a rebate and then I want a better deal).
Anyway... urnuts (nice handle..
So, if they get 1000 BMWs to sell this year, and they need to average $1500 profit on each one to make a return on their investment, then if they sell you one for a $500 profit, they have to make it up somewhere else.. It isn't like a Chevy, where GM will give them all the Impalas they can sell....
That doesn't mean you won't get one for $500 over invoice, it just makes it unlikely.. And, of course, you should try to get one as cheaply as possible... whether the dealer makes money or not is not your concern..
Just a reality check is all... At the beginning of the model year on a popular car, $500 isn't much of a mark-up, and in this case, you are buying a unit that the dealer can't go out and replace.. he only gets so many... Shopping with unrealistic expectations is extremely frustrating..
regards,
kyfdx
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Bingo .............!
Thats why you see them still posting 8/9 months later ...
Terry.
PS: plus, we never hear about that trade figure ...l.o.l......
Pizza? Large Pepperoni costs me about $3 in food cost. Food cost is not the problem, or expense to worry about - it's $100,000/yr in worker's comp!