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Thanks.
325i - premium package, streptronic, leather, moonroof, xenon, ~ 33,000
325ci - sport package, streptronic, leather, moonroof, xenon ~ 37,000
330i - sport package, streptronic, moonroof, xenon etc ~ 41000
I would like to get a lease which will let me drive upto 17000-18000 miles a year. Is it a better option to buy the car given my mileage requirements (specially with the 1.9% financing offered by BMW). Also is the 3000 rebate the only deal available now on the BMW's.
Thanks...
I'm still having a ball driving it, playing with the Sport mode to see which I like better. The shift is considerably faster in Sport but also much less smooth in lower gear / at lower RPM than non-Sport. If you momentarily take your foot off the gas when shifting (as you do with a regular manual), it smooth out just fine.
For the first time, I'm wishing I had a longer commute...
Enjoy.
Car_man "Lease Questions - Ask Here" Sep 8, 2004 8:27am
I assume those are sale prices on those cars you listed?
The 325i has a $1500 dealer incentive
The 330i has a $3000 dealer incentive
If you are driving 18K per year, I think buying would be better on either of those, especially the 330i, and take the 1.9% financing.
All of the incentives on the coupe are on the lease side, except for the 1.9% buy financing. They have low money factors and high residuals.. If getting the 325Ci, it would probably be a better deal to lease and pay the mileage penalty at the end.
This late in the year, you should be looking at paying invoice + $500 - incentive for a new sedan.
regards,
kyfdx
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If you decide to go with the alarm, try to negotiate it as part of the purchase. I’m doing it a few weeks after delivery and had to do some shopping around. One BMW dealer wanted 2 hrs of labor @ $86 per hour to install. I found another who said 1 hour @ $71. I chose the latter. In addition, I shopped the local dealers for the alarm itself, but they wanted the full list price for the alarm ($300). I ordered it via the internet from a Denville NJ BMW dealer for $225 and got it two days later. There are many ads in Roundel to help with this effort.
While I can never get the offset in insurance premium to pay for the entire cost of the alarm and installation, the benefits of the alarm outweigh the overall cost in my opinion.
http://www.bmwusa.com/ipod.htm
http://www.apple.com/pr/library/2004/jun/21bmw.html
http://www.apple.com/ipod/bmw/
The main point of the Apple/BMW adapter is that is integrates with the audio system in the vehicle and enables you to listen to your iPod music digitally without the loss of sound quality that occurs with using an FM transmitter solution (like the Belkin aftermarket product).
With the Apple/BMW adapter you can also control the iPod through the audio system and the steering wheel functions.
I would love to integrate my iPod in my car but am unwilling to spend as much or more than I spent on the iPod itself.
The aux connection will work as a second or third (if you already have a 6-disc changer) audio option from your factory stereo. I don't have an ipod I actually have an archos 15gb mp3 player which works just fine with the connector. It is installed in the glove box and you have to buy an extra cable to connect to your ipod, which can look somewhat unsightly, hanging out of the glove box, if you choose to use your player outside of the glove box. I'm not sure but I believe you can control the ipod via the normal stereo controls, with mine I still have to change tracks, etc. on my player and not via the stereo controls. You may need to change the audio level of the aux device on the stereo controls or it will sound somehwat muted. Once you adjust it to max, it really rocks.
Hope this helps.
I would think that since I can get a 2005 right now, they would be ready to move the 2004 as fast as possible. The best I've been offered is around $200 over invoice. In that scenario, the dealer is getting the $200, plus the incentive of $1500, plus whatever else they receive for a sale.
Maybe I'm not the best negotiator, or maybe the demand is that high, but I was wondering if anyone had any insight or suggestions? I'm willing to drive a decent distance too, so it's not like I'm only looking in MD.
Thanks!
metallic paint
leather seats
car alarm
floormats
no other options (I prefer the manual)
the out the door price is (WITH Texas tax and license and no hidden fees) $30, 440. 45. This strikes me as a bit unusual. Anybody (Kyfdx and gang) know if this is for real? How can they do this? any hidden problems to look for?
other questions (!):
1) if one buys a car in dallas and lives in Houston (like me), will there be any problems with local Houston dealers honoring the warranty (since I am not going to dallas to get an oil change)
2) is there a substantial enough differnce between the 330i and 325i for the average driver to warrant the 7k difference?
any thoughts from one and all greatly appreciated -- thanks in advance!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
jpl
Another question for you or anyone out there (I'll bet its a universal problem many would like answers to): in ordering a 2005 3-series car via internet or phone (or even through a local dealer) the policy quoted to me is that one puts down 2 or 3k and pays off when the car arrives (assuming one pays cash). What kind of up front assurance can one get to make sure the "promised" price does not, at closing time when the car arrives, suddenly jump upwards due to mysterious dealer fees? or must one just trust the dealer?
thanks for time spent answering
MSRP: $35095
invoice: $32205
price of car negotiated for lease: $31000
salesman said money factor was .0022 and residual was 59%
1 deal has $3549 at signing and $405 (taxes included) per month
$405 1st month
$450 security deposit
$869 acquisition fee
$1500 down pymt
$175 MV fees
$150 doc fees
the other deal has $2005 at signing and $461 a month
$461 1st pymt
$500 security dep
$869 acquisition fee
$175 MV fee
does this sound right to you? he claims that he is giving away the car. i questioned him on the different amounts for the security deposit and he says that it depends on monthly pymt.
i'm deciding between this and a purchase of an accord coupe (sorry, i know it's in a different league) and am anxious to get one or the other
thank you all
Are you forgetting a doc fee in the second scenario?
Not sure about my math, but the money factor seems to equate to a 5.28% rate.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
For example, if a dealer tells you his lease money factor is .0025, then you simply multiply that by 2400 to get 6.
Sometimes a dealer will give you a money factor quoted as 2.9 so it sounds like a low interest rate. In this case you multiply that number by 2.4 and know that the interest rate is about 6.96%.
The purchase price seems good even with the doc fee added, if that is indeed the price he is figuring the lease on.
I'd check the paperwork very close... It looks like he might be adding the acquisition fee into the cap cost and also charging you for it upfront.. Or, there are some costs undisclosed.
regards,
kyfdx
P.S.: If this deal works out for you, you can roll more of the upfront into the lease. I would try to keep my upfront costs to just the first payment and security deposit.. Making cap cost reductions or paying one-time costs up front just masks what the car is really costing you per month. And the dealer is correct about the security deposit.. it is always rounded up to the next $50 increment over the payment.
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That said I drove a 2004 330i sedan yesterday. This car had sport package, premium package, xenons and steptronic and was listed around $39500. I have to say that with the auto I was not overwhelmed by the power so I'll have to find a 6-speed to drive to see if I like that more. Then again my current car is turbocharged so the power in that is sudden and neck-snapping. On to pricing . . .
Sitting in the salesman's office I asked what current incentives would put that car at and he said he could knock $3K off right away putting it at $36500 + tax, etc. I'm a bit confused by this because Edmund's invoice price is $39,255 meaning that the dealer had the sticker at just above invoice. I knew there were incentives but does this sound right, or are Edmund's invoice prices out of whack? Perhaps the dealer had already marked the sticker down due to the fact that they already have 2005's on the lot (I saw them).
Thanks,
John - Atlanta
I don't think you will find a significant difference with the manual tranny in terms of neck snapping.
CR lists the Saab to 60 at 7.2. Unfortunately for the 3 series they now list the M3 at 5 seconds to 60. However, they used to list the 3L at 6.7. The butt dyno can be mistaken at times.
If you are looking for the benchmark in handling, but not necessarily electronic wizardry, the 3 series is it.
Thanks!!!
That said, with the $3000 incentive, it might be possible to buy it for $36,500, which would be right at invoice minus the incentive... I'd just stop back by to make sure the car you drove is the same one he was making the deal on.
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I'm friends with a dealer at Russel Toyota, and he told me to deal with a particular salesperson at Russel BMW. That person was helping me with a 2004 325xi. The MSRP on the car was $38545, but he was offering it to me for $35,500, with a 1.9% APR. I felt I could do better, since they are receiving dealer incentives of $1500. I offered $34,500, and he told me to come down and we could work something out.
I drive an hour to get there, and he says he has some bad news. He said that the car was a dealer exchange car, and they had to pay $500 to send their car, and pay $500 to get this car. So the price we agreed to would be $1000 more. Then he said that he argued with his manager, and was able to get the exchange fees down to $700. So now the price was going to be $36,400, instead of the $35,700 we talked about. Well, we never talked about $35,700 because he offered $35,500. So basically, he inflated the price $200, and then another $700. He didn't call me to inform me of the change, and really didn't seem too bothered with it.
It was an aweful experience and I'll never take my business to RUSSEL BMW.
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does anybbody have info on finance rates for 3-series 2005 models? I being quoted that the 2.9% no longer exists and am being ofered 4.9% -- seems high...
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Without metallic paint MSRP is $39,920; invoice is $36,595 (add $475/$430 for metallic).
GIVE US THE MSRP!!
regards,
kyfdx
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Regarding the price quoted to you, it seems about right. Lets see...
Base MSRP: 29300
M paint: 475:
Leather: 1450
Destination: 695
alarm: 350 (aprox?)
floormats: 50 (?)
Total: 32320
Advertised: -4000 off MSRP
New total: 28320
TX tax @ 6.25 (correct?): 1770
Lic and Reg: 100
Total with TTL: $30190
Have you tried outside financing?
-Mitch&Murray
2004-330Ci-MSRP: is $43,345, can you give Me an idea of right price???
Looking to purchase, after 05's come out!!
Thanks
This forum has been very informative and has provided me good guidance ... I am in the market now and have two questions:
1. When are the 2005s coming to the showrooms?
2. The dealers price is $33500 for a 2004 325i (MSRP $37,195).
-Auto, metallic paint, sport, premium, xenon
Good deal or not?
I am in socal (if it helps)
Thanks (in advance),
rdr
regards,
kyfdx
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regards,
kyfdx
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