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Other than that I don't know how negotiable these prices are.
I am going to approach my dealer the same way you did.
Another dealer came in with a price of $31,455 for jet black with auto and with leather and rear fold down seats $33,205. These prices seem better.
I am in Orange County, CA. From my emailing it doesn't seem as though dealers are very willing to negotiate. Does anyone have any suggestions? Thanks.
$30,345.
25,645 - base price munich pickup
1210 - 6 Speed Steptronic
430 - metallic paint
910 - Cold Weather Package
1455 - Sport Package
695 - Shipping
Offer the dealership $800-1200 over that price as their profit. You're looking at $31,500 at the worst. Don't go by those bogus ED prices on the BMWUSA website.
Value of Car - $40,495.00 / Term - 3 Years / Mileage - 12,000/year / Cash out of pocket - $5,000.00 / Residual - 64% / MF - .00305 / Payment - $542/month
Also, is Active Steering worth it? I have heard good and bad, but what is the skinny on this? :confuse:
Please advise. ThanX
Max
You gave us the MSRP of the car but what is your negotiated price? Always negotiate the price of a car before ever discussing payment options and trade-ins. And that MF is very high.
Active steering is a gimmick. Go with normal and save yourself some dough and future headaches with a technology that should not even be implemented on cars.
So, I'm interested in leasing a 330i before my current car lease comes due (Feb. 20th).
I believe the current money factor and residual for a 330i with 10k mi/yr is .00195 and 65%, respectively.
Do you guys think the MF will go up or the residual will go down for the month of Feb.? If so, this would make leasing more expensive and it would probably be better to make a deal in January. Does my logic sound correct? Any suggestions would be appreciated.
If my dealer is not willing to negotiate price and MF, do you think I would be successful elsewhere. Never negotiated a lease before. I want the best deal, but I don't want to spend days working on it.
I have been racking my brain for a while now and dont know what to do. Do i turn it in and reap the damages, or is that just plain stupid? Do i buy the car, then trade it in on a new one? Should i fix the damages before i trade it in if i buy it?
Help!
1. Check Edmunds and find out what the car is really worth. Maybe you can sell it for a smaller loss?
2. Get your car appraised for repairs. that much damage must be covered by your insurance...pay your deductible and take your medicine.
3. take it to a BMW dealer and ask what they think will happen.
Buying the car may be a viable option if it's worth more than 16k with that mileage (body work not included).
Why the hell are you driving around with 3k in body damage to a 3 year old car?! And why didn't you do something before you went over your mileage limit?
I've leased a few times and I always figure out how many miles per week I can go without risking penalties. When I had a job 90 miles roundtrip from home I went out and bought a commuter car. That car, which I sold last summer ended up costing me 2k in depreciation and $300 in tires/oil changes over 30k miles. Small price to pay considering two tire changes on my 330i woulda cost me 2,000 alone. add in the extra fuel costs and I would easily have surpassed my expenses. Can you imagine having a 330i 30,000 miles over its lease limit? Egad!
Finally, BMW offers you a chance to buy miles at either 5 or 10 cents BEFORE turning in your lease. Call BMWFS and ask about the program.
In your opinion, is it better to get financing throught my own bank or does BMW offer any attractive rates?
Premium package 2900
Auto 1275
Paint 475
Destination 695
comes out to be 38145
Invoice price on edmunds shows 35005. Even if I could get on for 36k would be just peachy. Unlike other makes, BMW does not give the dealers any holdbacks. It makes it harder to negotiate. Where can I get this car for 36K?
Which dealer is this?
Pavan
2) The .0020 money factor is if you make a security deposit.. without the deposit, the base is .00215.. If this is the case, then .00225 isn't much of a markup..(though you should insist on the base rate).
3) BMWFS leases are pass/fail.. if you qualify, you qualify.. any move up in the rate is purely for extra dealer profit.
I don't think you are being unreasonable... but, that doesn't mean the dealers you are shopping are going to do what you want, either.. You might have to expand your shopping horizons...
regards,
kyfdx
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Patience usually pays off with car purchases. I've never heard anyone say, "I tried too hard to get a deal I liked but in the end took one that made me feel used."
It will be a purchase - have not taken delivery yet.
A couple of weeks ago I decided against the 325xi and placed an order on a 330i - Sears was willing to cut me that same deal ($800 over invoice) on the 330i.
The buying experience was flawless. The Client Advisor I dealt was was awesome.
There currently are no incentives on 2006 3 Series.
The rate BMW gave was around 5.5% - not horrible but there are better rates at Banks or Credit Unions.
Here are the specs on the vehicle:
2006 325xi Sedan
Exterior
- Alpine White
Interior
- Burl Walnut Wood Trim
Options
- Sport Package
- Steptronic Automatic Transmission
- Cold Weather Package
- Premium Package
- Satellite Radio Preparation
- Comfort Access
- Xenon Adaptive Headlights
MSRP: $41,095
Invoice: $37,695
Negotiated Price: $38,495
They also throw in free floor mats and there are not any MACO or training fees.
Vern Eide - $1400 over invoice
Motorwerks - $1100 over invoice
Park Place - $900 over invoice
Sears - $800 over invoice
I called Sears, confirmed there were free mats and no goofy fees, then went in that afternoon to ink the deal.
Did you ask for the free mats/goofy fees exemption up front in your emails to the dealers?
I am in western MPLS suburbs and hope to make a similar deal on 330xi with Sears. I had heard they won't deal on the xi's, only the i's.
agb
Could you please elaborate on the tire problems you mentioned?
Thanks,
meegwell
Thanks,
kyfdx
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regards,
kyfdx
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I'm curious as to why you switched from the xi to the i -- particularly in MN? Given the $800 over invoice deal, did they seem to care if it was for an xi or i?
I hope you enjoy your new ride.
GREY METTALIC ($475)
AUTOMATIC TRANSMISSION ($1275)
POWER FRONT SEATS ($995)
HEATED FRONT SEATS ($500)
NAVIGATION ($2000)
BMW ASSIST (750)
SIRI PREP (75)
DESTINATION (695)
IS THIS A GOOD DEAL? :confuse:
Why did I switch from an xi to an i? Well, after reading forums such as this one, bimmerfest, e90post, etc., talking to friends with RWD cars and other BMW owners, it appeared that the xi was not as important as I had originally thought. The 330i offered greater performance, chrome trim, bigger brakes, all of the options I wanted and it came out to about the same price as the 325xi I had on order. If the 330 gets squirrelly in the snow and ice, I can always go out and buy a set of snow tires.
Auto Trans
sport pkg
premium pkg
xenon light
color: arctic metallic
Dealer will see for 750 over invoice (no MACO), is this a good deal?
Also what Money factor and Residual % should I pay for
Lease 3 yr 10K
or
Lease 2 yr 10K
Also I have a X5 3.0i (2005) fully loaded that I have leased for 10 months (36 months contract). What is the likely hood that BMW will just over the X5 lease. I don't want to pay extra to end the X5 lease.
Thanks.
i've been waiting for my new bmw 330i almost 3weeks.
dealer called me yesterday, and he said i had to wait another 2weeks because the car has deliveried from germany.
actually, when i signed on lease he promised i can get the car within max 3weeks. he didn't tell me the car was coming from germany, and he said that every new 3series are imported, so the schedule always can be changed. is he right? do you think that i have to wait another 2weeks? if he change the schedule again, what i have to do? i already paid the security deposit (1000$) for the car.
this is the first time to be the owner, and i am a foreigner. please, say something to me.. thanks guys.
I just got a price for a:
2006 325i w/ Steptronic Auto Trans and the Sport package
details:
24 month lease
10k miles/year
$3900 total out of pocket
$400.47/month (includes tax)
I really value all the advise that this board provides, so is this an OK deal?
Thanks in advance!
MF .00290 (seems high to me)
65% resudual for 10K 36 moths.
Is this a good deal? Dealer claim they are allowed to make a small profit on the lease MF.
325i.. .0025
330i.. .00195
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Thanks.