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Residual is 64% and the money factor is .0025
With the acquisition fee rolled in, and only 1st payment and security deposit upfront, the payment would be about $445/mo. + tax...
regards,
kyfdx
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South Bay BMW offered me an 06 330i for $900 over invoice but that doesnt include an additional $330 for "advertising fees".
'06 330i ($36,600 / $33,485)
Metallic paint ($475 / $430)
(205) Automatic ($1,275 / $1,210)
(ZPP) Premium Package ($2,200 / $2,000)
(ZSP) Sport Package ($1,600 / $1,455)
(322) Comfort Access ($500 / $455)
(417) Rear Sunshade ($575 / $525)
Destination ($695 / $695)
(MSRP / Invoice) = $43,920 / $40,255.
Internet Price = $40,255 + $330 advertising + $900 = $41,485
which is $1,230 over invoice, or $2,435 off MSRP.
And they would order the car for me too since my color wasn't in stock.
I've seen comments on previoius posts that advertising fees are "negotiable" too.
My dilemma is 330i versus GS300 (or next year's GS350?). Too many choices ...
Specifications: 330i
Metallic Paint
Black Leather/Aluminum Trim
Manual Transmission
Comfort Access
Premium Package
Satellite Prep
Heated Front Seats
Sport Package
MSRP: $42,575
Internet Price = 40,889.20
Dealer Doc Fee = 399.00
Subtotal = 41,288.20
7% tax (Atlanta) = 2,890.17
Tag and Title = 38.00
GA Lemon Law Fee = 3.00
OTD: $44,219.37
What should the monthly payments be with a 36m/10k lease and 2k down? (Please include whatever interest rate you used to calculate the payments). In addition, the dealer told me I would have to put down a non-refundable deposit of $1000.00 to order the car. So, if I take possession of the car after it is ordered, what does the 1k go towards, if anything?
Thanks in advanced for all of the advice and information!
I put down $500 refundable to order my
car- you're not ordering a wierd combo, why should it not be refundable? I understand they are ordering a car "just for you", so I can understand why they might want something down and non-refundable, but if "your" car is easily sellable (it is), I would think $250 would be reasonable. Their fear is probably that people are going into several dealers and ordering cars- I don't that's likely, but nothing would surprise me.
The doc fee is absurd- mine was $99
The 1K would go to reduce your payment (cap reduction?)- it would essentially be half of the $2K you were planning to put down, though any down payment on a lease is not recommended for numerous reasons.
Good luck- overall, the deal does not seem that great. I did not think my deal was fantastic, but somewhat fair, quick & easy.
I'm in New England, though, so things may be different in GA! I know it's warmer, that's for sure.
"Ordered my 330i...$855 over invoice and I take delivery end of January 06.
Jet Black
Beige Leather
Premium
Sport
Cold Weather
Rear Shade
Satellite
Comfort Access
Now it's all I think about!! "
Question: While I feel I got a great deal on my new 325xi, I now think I might've gotten suckered into a "Tires for Life" plan. While the math added up for me and I thought I was making a good decision, I am having my doubts. Basically, for $1900, I get replacement run-flats every 25k for as long as I own my car (non-transferable) - including balancing, rotation, front-end alignment and mounting. Also includes replacement run-flats for unrepairable road hazards. Free glass replacement when road hazard damage is incurred. Also, after manuf warranty expires: free battery replacement, free bulb and headlight, free windshield wiper blades. Would you have taken this? Did I give up all of my savings on my car deal and get suckered? Still time to cancel. I figured if run-flats are at least $250 to replace and if I keep the car to 50+K miles, I'll at least break even.
Ok, now would love your opinion on my main deal - I think I did real well:
2006 325xi, Sparkling Graphite Metallic with Beige Leather Interior
Premium Package
Automatic
Xenon
Heated Front Seats
Sirius Prep
MSRP $39,620 (incl mats)
Invoice (Edmunds) $36,405 (incl mats)
Paid $37,500 before 5% tax + tags ($196 sound right for that in MD) = $39,571
Plus the $1900 for the "Tire For Life" Plan
Thanks again! Looking forward to your responses!
Eric
What if you don't like their brand of tires? What if your car gets totaled next month? What if you trade it in three years with only 35K miles on it?
Since tires are about the only extra maintenance expense you will have on the car for the first 50K miles, I'd pass on this deal... Keep that money in your pocket... I'm guessing this is a high-margin extra for the dealer..
regards,
kyfdx
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If you'd prefer a more loaded car, consider the 325i via ED. You could get away under 30k if you're judicious with your options.
That's a reasonable price. Basically $1,200 over invoice. There is one thing I'm considering doing. If you wait until the time between Christmas and New Year's, you can get great car deals. (Everyone has spent their money.) While I want a bmw, I also enjoy knowing that I got a super deal.
The other problem I have with Bmw is that you pay a premium, but the quality is largely viewed as badly lacking. I have lots of friends with bmw's and even though lots of things go wrong, they are still loyal. The only reason I'm going to buy is because a good friend of mine works at bmw (relatively senior position) and has told me that quality control has improved dramatically this year. Plus, no matter what, the 3 series always seems recognized as the best driving sports sedan.
http://www.bmwusa.com/bmwexperience/europeandelivery/default?navid=overviewed
Basically, you get the ED invoice prices, write down how you want your car. Then contact several dealers and offer them the opportunity to sell you that specific car via Euro Delivery with $800 built in profit for the dealer. Some will balk. Some will counter with a 2k profit. Most people I know try to settle for 1000-1200 dealer profit. Considering the dealer does nothing for the sale, it's extremely generous.
But how do you find out what the ED invoice prices are? And how does the dealer take ED when he is not hte ultimate purchaser? Doesn't BMW object?
drspence, "BMW Owners: European Delivery" #947, 6 Jun 2005 9:25 am!make=BMW&model=All&ed_makeindex=.ef0f82e
The prices can be found here. That pdf - second page - shows the base munich pick up invoice price. That's your starting point. BMW encourages ED...it's good marketing and it gets you closer to the brand : http://www.bimmerfest.com/forums/attachment.php?attachmentid=54549
What do you think of this deal?
2006 330xi
SG
Terra Int
Alum Trim
Automatic Tran
Prem Pack
Cold Weather
Comfort Access
MSRP $45,395
Initial Cap Cost $43,295
3 years/45K
LRF .0024 (buy rate was .0022, dealer wanted .00265, split diff)
$0 down monthly payment $647.36
went to BMWUSA and scrolled through - some very nice low mileage alternatives in my area (around 5k in miles)
are the prices they list there firm, or is that a dealer price with some room to move.
the car has premium, cold weather, xenon and auto for about $39K on the site. how much movement, if any, can i expect.
thx
1) If the car is totaled/stolen, your money is gone forever.
2) It does nothing to save you money- it simply decreases your payment each month- does not save you interest expense like a traditional loan might.
My options were 6-Speed, leather, Metallic Paint & Sport- that's all. I believe it was MSRP of $40,900, less my $2K discount, plus $125 in fees (dealer & state), so just over $39K OTD not including taxes as there are none in my state (NH). Don't worry, though; it'll cost me $1200 to register it, but there is no "sales" tax- ummm, ok.
Prem Pkg
Performance Pkg
Cold Pkg
Manual
MSRP 44845
Paid 38000 (had $4000 marketing assist)
Thought about leasing but MF and Residual were horrible.
Thank you so much for posting the ED price list. I have been reading this board for quite some time, and this is the first time I actually see the ED invoice prices. It looks so good that I have to get a clarification. Are you saying that a 330i, which has a MSRP of $36,600 in U.S., can be had for $30,975 plus $1,000 to $1,200 dealer profit? That's a fantastic saving. I see there is a $695 destination charge which I assume covers the shipping cost to U.S. But how about import duty? Also, do I have to pick up in person? Or can I give someone else power of attorney to do the pick up and drop off for me in Munich?
Thank you in advance.
There are no import fees. no duties. No extra charges. If someone mentions these things, that person is trying to scare you.
You or your spouse must pick up the car and drop it off at a distribution center.
If I end up getting a 3 series, I'll make a vacation of my trip over (as many people on the ED board do). What could be better than driving your new bimmer on the autobahn?
Perhaps driving your new bimmer on the Nürburgring?
That looks like a great deal. I'm in Morris County and I haven't been able to get any prices below $617/mth. Almost same package as yours (no sport) and auto vs. manual. My package MSRP is $39,020, sell price $37,695. What are the terms of your lease: mos and mileag? I need 18K and I think that killing my monthly payment. Anyway, what dealer did you use (and salesman for that matter). I'll call and see what they can do for me. Thanks.
Sorry... exchange of individual salespeople info is not permitted... Dealership names are fine, though..
regards,
kyfdx
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2006 330xi
SG
Terra Int
Alum Trim
Automatic Tran
Prem Pack
Cold Weather
Comfort Access
MSRP $45,395
Initial Cap Cost $43,295
3 years/45K
LRF .0024 (buy rate was .0022, dealer wanted .00265, split diff)
$0 down monthly payment $647.36
330xi for 36 months and 10k per year
6 spd
Metallic Paint
Premium Package
Cold Weather Package
Navigation
NY Residence
Just got quoted $560 with an initial payment upfront of $2000 (which includes 1st payment). Any idea if this is a good deal? Appreciate the feedback
regards,
kyfdx
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Am I getting gouged?
Thanks. :confuse:
6spd
Metallic paint
Premium Package
Cold weather Package
Navigation
MSRP: $44,720
Final Sales Price ~42,100
Invoice ~40,935
MF: .00225
Residual .64
NYC Taxes
I have been quoted $560 per month with initial payment of $2200 which includes 1st payment, bank fee, dmv and small cap cost of roughly $700. This sound reasonable to you folks? Appreciate the feedback...
What is your bank fee and document fee if you dont mind me asking?
Doug
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no one was able to match that...Very happy so far!
Manual tranny is great! you really don't need all the extras to appreciate how great this car really is!
6spd
Metallic paint
Premium Package
Cold weather Package
Navigation
MSRP: $44,720
Final Sales Price ~42,100
Invoice ~40,935
MF: .00225
Residual .64
NYC Taxes
I have been quoted $560 per month with initial payment of $2200 which includes 1st payment, bank fee, dmv and small cap cost of roughly $700. This sound reasonable to you folks? Appreciate the feedback...
My dealer is Princeton BMW---good Luck!!!!
What about a security deposit?
If your $560 doesn't include tax, then something isn't right.. If it does, then this looks pretty darn close..
regards,
kyfdx
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If you think you'll need 12K/yr, instead of 10K/yr, you'd best sign up for it now....it only lowers the residual to 63%. That would only add $12-$13 per month to your payment..
regards,
kyfdx
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Thanks!
2006 BMW 330i Sedan
Monaco Blue/Sparkling Graphite Metallic exterior/Black Dakota Leather interior/Burl Walnut Wood trim
Steptronic Automatic transmission
Premium Package
Sport Package
Comfort Access
MSRP: $43,345 + tax and lic.
OFFER: $41,560 + tax and lic.
This looks to be about $600 more than the offer given to another fellow in this forum at South Bay BMW:
'06 330i ($36,600 / $33,485)
Metallic paint ($475 / $430)
(205) Automatic ($1,275 / $1,210)
(ZPP) Premium Package ($2,200 / $2,000)
(ZSP) Sport Package ($1,600 / $1,455)
(322) Comfort Access ($500 / $455)
(417) Rear Sunshade ($575 / $525)
Destination ($695 / $695)
(MSRP / Invoice) = $43,920 / $40,255.
Internet Price = $40,255 + $330 advertising + $900 = $41,485 which is $1,230 over invoice, or $2,435 off MSRP.
Has anyone found better in Southern California? Is this about as good as it gets? Thanks!
I think you should also be able to at a minimum get floor mats thrown in for free. Email all the dealers with your options and see what they email back as their best price.
Given that it's mid-November, you've also got to think about the end of the year. BMW dealers get a certain amount of allocation. That's their incentive not to drop the price too much. If they haven't used up their allocation, the last week in December (anytime after Christmas) is when you'll really have leverage. B/c everyone has spent their Christmas money and/or want to spend time with family. Few want to buy cars. And at that time, I'd say you should pay no more than $500 over invoice. Some profit is better than no profit...
Not necessarily with BMW... There are a lot of people buying BMWs as gifts. Most brands are pretty slow until the week between Xmas and New Years. BMW and other high-line brands, however, get a big boost in anticipation of the holiday season and then gets even busier during that holiday week at the end of the year.