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I signed a lease deal from there.as i have posted earlier the deal was supposed to be good since the sales person kept on telling me the selling price is 38000 which is 500$ above the invoice price of 37535...And i went ahead and signed the deal...
the whole process took about 3-4 hours since i had to pay security deposit to get my credit approved for the deal....they took $3500 as refundable secuirty deposit which was fine...they explained everything real fast and i went ahead and signed the lease agreement..that was my bad...cause when i see the lease agreement now the figures are drastically different from what the sales person had told me...
there the value of the car is 38334 and they have added 725 to that as ACQ Fee..so I end up paying 39099 for the car thats some 1500$ over invoice.... :mad: :mad:
I have called up the sales person today..First he said ACQ fee was not included and please re check the agreement..Now when I have quoted him the figures from the agreement ,He hasnt responded yet....
Anyway there isnt much I can do now...I have signed the deal and everythings done...
thats the annoying part...cause when I asked for the Ipod adapter it was not available with the car...so have to cope with it....
actually ACQ fee was the one we had discussed before and 374 added to 38000 was for the tire protection plan I had opted...
So the deal stand good at 465 over invoice....i got confused with all the figures...
Sorry again ....
One of the dealers quoted the same numbers, but didn't tell me they were for 15K. annual.
Can I get some educated (legal/tax) input here?
Thanks.
If the fee is additional profit, then it is just part of the selling price of the car... ergo, taxable..
Even the government knows that..
When buying or leasing... any fee that does not go directly to pay a government entity is usually taxable.
regards,
kyfdx
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Every state that I know about... administrative, dealer document, conveyance... whatever you want to call the fee.... is taxed..
Service contracts.. usually taxed
Lease acquisition fees... usually taxed
Title fees, temporary tag fees, tire tax, registration fees.. assuming those amounts are paid to a government agency... then, not taxed..
regards,
kyfdx
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I've accepted the following deal and was just looking for some confirmation before sign & delivery:
335i Coupe, 08
MSRP 44850
SP 42820
MF: .0023, 7 Security Deposits (.00007)= .00181, final money factor.
Residual: 26,461. 59%, 3 Years, 15k Miles Per Year/ Tristate area.
Taxes: Out of Pocket
Fees:
Acq 625
197.50 License & Reg
45 Doc
Payment: $579
Is it worth it to put any money down? A downpayment of 1k would reduce my monthly to less than 550. Not sure if its worth it.
Let me know what you guys think of the deal/ if I can do better & where.
Thx
Alipine White Convertible
Cream Beige Dakota Leather
Premium Package
Cold Weather Package
Automatic Transmission
Comfort Acces
MSRP - $49,050.00
Dealer Add-ons (Mats-$199 & Wheel locks-$199)
Total- $49,448.00
Money Factor Quoted- .003 (Which is high based on what I read here)
Bank Acquistion Fee - $825 (Seems high)
Upfronts - @ $1,320
Total Cash - $2,500
36 Month Lease at 12k miles/year
Payment- $787
This seems insane to me. First, the price is sticker. Plus the other fees that seem extreme.
Any thoughts on what is fair for this car? I want to pay multiple security deposits as I've seen on this board. Here's what I need...
1) Fair Negotiated Price
2) Money Factor
3) Residual
4) Payment?
Thanks in advance!
The extended maintenance program is also available at a cost of
$1,695.00. The program extends the full maintenance program to 72 months or 100,000 miles.
I was quoted $2295 from BMW of San Francisco for the Extended Maintenance Program and the person I talked to said this can be done over the phone.
What dealership is offering the Extended Maintenance Program for $1695. Anyone else also offered around this figure. Please advise on which dealership, if any, in Northern California. :shades:
I've been spending alot of time in the infiniti g37, g35 forums and wanted to see what everyones opinion on the following car is. I recently went to my local BMW dealer to test drive a coupe/4d 3 series. After speaking with the salesman, we were able to find a car that was coming into the dealership from BMW's buyback program. Although the salesman did not specifically "know" why this was a buyback, he did say that it was something with the programming of the car??
Anyways, I put a deposit on the car because I thought it was a good deal. What do you think?? Here is the info
2007 BMW 335i coupe in graphite with the following packages
15,000 miles
Cold Weather Package
Sport
Automatic Transmission
Brushed Aluminum
Ambient Light
Navigation
Satellite Radio
Premium Package
Comfort Access
Logic 7 Sound
Paddle Shifters
Bluetooth
It seems that this car is fully loaded, and it should come in from port in the next 10 days or so. The dealer said the price would be in the $35,000 region. I priced the car on Edmunds with all these options and it came to about $50,000 depending on regional adjustments.
My question to all of you is this. Would I be better off buying a certified used through BMW, this car, or a brand new G35/G37 for about the same price? I know traditionally that BMW's are the ultimate driving machine, and I love the look and feel of the car when driving. However, does BMW include information about the buyback when checking the cars VIN number? I do not want to have a hard time selling the car when I want to get rid of it, and if it shows something bad on the carfax report then i'd be screwed!
This deal seams almost too good to be true. What are everyones experiences with these types of deals?
Thanks,
Randy
Basically BMW has an irate customer with a car that has a problem that can not be remedied (at least to the customer's satisfaction).
Why buy trouble?
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
I'd personally stay away from this car because it is an automatic :P
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
What would be a fair price without TTL? Can someone help? Thanks.
My friend is also looking for one and the selling price he is looking at is $33600
for 328i jetblack exterior/leatherette interior with heated+power+memory front seats
and automatic transmission..dont know if its a good deal...
Work out the pricing of the car, with features, email around to various BMW dealers telling them the price you want to pay. And order your car. It'll be tough to find one without a bunch of doodads on a lot.
Don't believe a dealer that says orders are extra or that they can only offer deals on in-stock. If they want to sell you in-stock then tell them you won't pay for any feature you're not seeking right now. So sure if they want to throw in the premium package for free - you'll take it. But don't buy into this game that you must buy a car with 3-4k worth of options you didn't request.
2006 325i with 19,000 miles
Black exterior, Dakota Beige Leather interior
Premium package, CPO
$25,250
Transmission: Automatic
Body Style: 4 Door Sedan
Exterior: Alpine White
Interior: Black
Mileage: 10,932
Xeon lights
Heated Seats
power Seats
Dealer is asking 29,900
We are currently at 28,500
The Carfax is clean.
Two questions:
Is this a good Buy?
Should I be concerned about the low mileage?
good luck,
phil
I can see why you'd want to do that price. That is the invoice posted on the internet, but look below in small print where it denotes that "actual dealer costs may vary", which means it isn't the actual dealer invoice. My actual cost as is the same for all dealers in the southern region is 31,719. I need to be over cost on the car.
Edmunds has Invoice+Destination at $30,585 - a good $1100 below what this guy says it is.
Any truth to this, or is he blowing smoke up my tailpipe?
Regards,
OW
I was given a 2 quotes of 1800 and 2100 off MSRP by 2 different dealers.
"this type of car"? It's just a mass produced - and very common - car in a VERY competitive segment (TL, IS, C, A4, G). Not to mention BMW had lousy sales in February.
2007 BMW 335i Sedan MSRP $47,125 March Special $41,995
Premium Pkg Cold Weather Pkg iPod/usb Adapter Steptronic
Stock number W1579
2007 BMW 335i Sedan MSRP $50,075 March Special $43,995
Navigation Premium Pkg Cold Weather Pkg Park Distance Control iPod/usb Adapter HD Radio Steptronic
Stock number W1724
You owe an apology - you only confirmed your ignorance to the dealer and any others present. Gosh, I feel sorry for sales people that have to deal with jerks like you.
MACO and Training fee are legit costs
I'm working with a dealership in Charlotte and they won't negotiate at all. I think that's a really good quote, considering that's just a smidge over $1000 above invoice. How many miles are on the car?
I saw the financing deal on the bmw site that looked great! 3.9%!
The extended maintenance program is also available at a cost of
$1,695.00. The program extends the full maintenance program to 72 months or 100,000 miles.
I was quoted $2295 from BMW of San Francisco for the Extended Maintenance Program and the person I talked to said this can be done over the phone.
What dealership is offering the Extended Maintenance Program for $1695. Anyone else also offered around this figure. Please advise on which dealership, if any, in Northern California.
I test drove at BMW of Dallas. The dealer offered $1000 discount, then took it down to $750 when we didn't find a car off the lot. Whatever. Price: $32,425+TTL.
Next, I emailed two other dealerships in the DFW area, offering $800 over invoice. Both BMW Dallas and Classic accept the offer, but tell me I have the invoice price wrong. This seems to be the new tactic - accept the deal, but reset the invoice price, citing "regional differences".
The guy from Classic offered $31,900 and gave me this long song and dance about the dealership charging him (the dealer) $500 for the following charges:
$260 for Valet Service
$40 for Gas
$100 for some Old Age Unit Charge
$100 Christmas fund.
I almost gag on the BS. I tell him I want $31,400 including his Christmas fund. His manager calls back. A lot less BS, I must say. He says $31,900 is his final offer; can't to business below that. I thank him and hang up.
Autobahn calls back and said he could do $1500 off - which is $31,675. Getting close.
Went back to BMW of Dallas. I tell the dealer $31,400 and also that if they cannot do it, they should tell me so, I don't want to haggle forever. Comes back with $31,800. I say I have another offer of $31,650, but want to give them the business. Next offer is $31,500 + TTL. I take the offer.
It's not the lowest offer I have read here, but I got what I thought was reasonable. I also get the 3.9%. How did I do?
Just to be absolutely certain, are you saying your dealer made $470 profit on your deal ($900 over invoice, less $530 for MACO and Training) or that he made $900 profit once you already added the $530 for MACO and Training to your invoice? Again, just trying to compare apples to apples with my dealings. Thanks and sorry for the confusion.