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Thanks Again
thanks,
rdr
forgot to mention your input is appreciated
regards,
kyfdx
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I have found a base without the sport pack and they want $28,795. I would offer 27 since I am buying straight out and not trading. What would be a good price with the sport pack?
Thanks for the clarification (are you sure?) -- the $3000 incentive (+ $2500 ED savings) was the catalyst for me to buy the 330i...but it looks like I have to revisit my plans...
Before you start worrying about it, better check with a few dealers and see if there is anything like that out there... Most likely, the least optioned out car with a manual that you will find will have the sport package and a moonroof.
One like that would MSRP for $31,245 and have an invoice of $28,655... You could probably buy one like that for around $28K after the dealer incentive...
But, it is all just pushing numbers around on paper, unless you can find one.
regards,
kyfdx
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regards,
kyfdx
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1.9% financing is available, but most dealers will try to mark it up to 2.9%.
If you have been a CCA member for at least one continuous year, then BMW will rebate you $500 on a 3-series.
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What Is the invoice price of this vehicle? Also, what kind of discount can one expect to see off of the MSRP of $31,050..I have rec'd 2 quotes from dealers..one is almost $2000 off MSRP, and the other is $1600 off...does anyone think, that I can do any better?
thank you very much..Marcy
I'm wondering about your quotes, though, if you don't have the MSRP including destination.. that is right on the sticker.
regards,
kyfdx
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thanks for the response -- yes, it does look like a good deal
am now looking at outside financing -- any suggestions much appreciated!
2000 328Ci Coupe
Manual
45,000 Miles
Silver Metallic
Black Leather
Xenon
H/K Audio
Moonroof
Dealer was asking for $25,500 - 3 months ago. However, is now asking for $21,970. I am thinking of going in with a check for $20,000 + TTL.
I do not know the packages that is equipped with. These are the options that I could see when on the dealer lot.
I truly appreciate your help.
Thank you.
SS
It sounds like that car is loaded... About the only other option it could have is the Sport Package.. You can tell that from the heavily bolstered seats with the manually adjustable thigh pad.. Nice low miles for an '00.
regards,
kyfdx
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The quotes I have obtained were over the phone and internet. I know the 31,050 didn't include destination. But thank you sooo much for the INV price...
If I can get my local dealer to match, I am one step ahead...
Thank you...Marcy
Thank you,
SS
kidevo1 "Real-World Trade-In Values" Sep 14, 2004 2:46pm
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SS
Thanks.
Metallic Paint
Premium pkg
Steptronic Auto
Xenon headlights
Heated Seats
Edmunds Invoice is $40,215. The dealer came down to $37,695. Considering the $3K rebates they get should I try and come down further and how much? Target price?
THanks.
regards,
kyfdx
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If $26,889 is the bottom, bottom line, with only tax and license extra, you might agree contingent on getting the 1.9%.
If you are strictly comparing those two deals..
$26,100 at 3.9% for 60 months = $479.50/mo.
$26,899 at 2.9% for 60 months = $482.15/mo.
For that difference, I'd go with the dealer.
$26,500 at 2.9% for 60 months = $475.00/mo.
$26,899 at 1.9% for 60 months = $470.31/mo.
Those two are just for reference, in case you can negotiate a lower price or interest rate...
Comparing payments is only valid, if you indeed keep the car for the entire 60 months.. If you trade out early, then the lowest initial price is more important than a low interest rate...
regards,
kyfdx
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You are welcome. Unfortunately I do not have any suggestions on outside financing. But let us all know how you did if you do the purchase.
Mitch&Murray
The base cars you found, are they automatic or manual? Also, what area/state is that in?
Thanks,
Mitch&Murray
I have been offered a deal on a 2005 330i (MSRP $35, 700) which would be ordered (with metallic at $495 and leather at $1450) and nothing else. Add on destination ($695) and TT&L (Texas tax, which is about $2700) and it comes to about 41k. The deal is $39, 500 out the door. Since there are no incentives for the 2005 I am assuming this is a fair deal -- any thoughts?
also -- on the BMW, which part of the car does one find the vin number? if one orders a car and gets the vin number sent to one as part of the contract, the dealer is lawfully bound to get you that exact car, right?
No one is "lawfully" bound to do anything.. there is no contract until you have taken delivery and given consideration (payment). You just have to trust them. You do have the option of backing out at any time before payment is made and delivery completed.. Just make sure you are happy with the deal before completing it.
regards,
kyfdx
$1500 off MSRP seems fair for an '05
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- On the door frame/door post of the front doors (usually driver's but sometimes passenger's)
- On the dash near the windshield
- On the engine itself (machined pad on front of engine)
- On the car's firewall
- In the left-hand inner wheel arch
- On the steering wheel/steering column
- On the radiator support bracket
The dealer called me yesterday and wanted to sell me the car but I said 36,800 firm so after a while he told me to come to his office and we could work something out and his manager said he could take "a couple hundred off".
So I leave work early and get there and he had taken $157 off that $37,695 price. I responded by telling him $157 doesn't sound like a "couple hundred" to me. The dealer pulled the whole "I'll throw in rubber mats too." but I said that wouldn't do it. He also insisted the financing was 2.9% and not 1.9%.
I was actually ready to go for 37,200 but it was 6:02 and the dealer closes at 6 and the used car manager who is extremely arrogant and rude came into the office and asked what's going on. In an extremely rude manner he told me this isn't distressed merchandise and to take it or leave it and not waste his time. I responded in a similar manner and got up in his face. Me being 6'2" and well built and him being a 5'7 scrawny [non-permissible content removed] he calmed down and left.
I don't think I'll buy from that dealership now anyways even though it is a sweet car.
Could you please run the following quotes? They seem high, but I don't know how high they are. I truly appreciate your help. Location is Toledo, OH, tax is 7.25%. Credit Score is very close to 750.
2004 BMW 325ci Black 2dr 5-sp MSRP-$33,745..cap cost-$33,000...money factor-.00060...resid-57%...36 month lease 12k miles/yr..payment-443 per mo. including tax with upfront fees down which are 1st payment, sec. deposit, plates, and bank fee of $525...approx $1507 total down. This car has a sport pkg and moonroof.
2004 BMW 325ci blue... M.S.R.P.-38945..cap cost-$37900.. same money factor and residual..payment including tax is $499..36 month/ 12,000 miles per year..about $1650 down for your upfront costs including same $525 bank fee. This cars options are: Automatic trans, Cold wthr pkg., Sport pkg., and premium pkg.
2004 BMW 330xi- M.S.R.P.-$40,545...cap cost-$36,900... money factor is .00260.. resid.-53%...payment is $599.52 including tax for 36 mo/12k mi yr lease..Lease requires first payment, security deposit, plates and bank fee...about $1650 down....Options are heated seats and moonroof.
The above is an excerpt from the e-mail from the dealer upon my 1st request of quotes. I have not negotiated at all yet. The MF seems too low for the first two quotes and doesn't seem right.
Once again, thank you.
SS
1) On the first one, I get that exact payment using those numbers.
2) On the next two, I get payments higher than that.. my guess: Your contact is quoting $499 and $599 to make the numbers more palatable.. He'll have to lower the cap cost some to hit those numbers, or in case of the sedan, use the base MF (.0022, I think).
3) These prices seem kind of high.. These cars should be selling for at most $1000 over invoice.
4) If this is your first contact with the dealer, I see some positives... They are forthcoming with MFs and residuals.. Their numbers either calculate correctly, or are lower. They are only charging the base acquisition fee (some dealers mark this up)
I'll get you some calculations a little later, with more reasonable cap cost numbers to shoot for.. I think you might be off to a good start.
regards,
kyfdx
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Thank you,
SS
The base money factor for 2004 325ci are indeed .00050. So, infact the dealer is actually marking it up slightly to .00060.
-Mitch&Murray
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Is there a way that I can send a private reply? I do want to thank all who help; however, I do not want to take up the valuable forum space.
SS
Result: Payment of $408/mo.
2) MSRP is $38945.. invoice about $35,715. Again, a decent profit at cap cost of $37K and MF of .0005
Result: Payment of $473/mo.
3) MSRP is 40,545.. invoice about $37,115 minus $3000 dealer incentive = $34,115. Assume a cap cost of $35,500 and an MF of .0022 (Their MF is marked up).
Result: Payment of $552/mo.
In all of these examples, I purposely left the dealer over $1000 in profit, as I wanted to give you numbers that should be achievable at most dealers.. The "deal of the century" numbers would be about $25-$30 month less on all three deals....
Now that you know what a reasonable price is, you CAN negotiate by monthly payment, if you wish.. As long as the terms and upfronts remain the same, then that is what really matters, anyway.
Your dealer will also roll the acquistion fee into the cap cost, if you wish.. That will add about $16/mo to the payment, but save you $525 upfront.
Of the three, I like the coupe with all the options, but if you can get the stripper for close to $400/mo, that looks good too.
regards,
kyfdx
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We LOVE questions - keep 'em coming!
kirstie_h
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Thank you for the clarification. I will certainly continue to ask questions and follow this forum, which is extremely helpful.
I meant posting private messages thanking the individuals who answered my questions and not wasting forum space with such messages. I understand the importance of sharing any informative posts, which must be posted publicly.
Thank you,
SS
I am about to order a 2005 325xi. The best price I'm getting is $1000 over invoice (includes MACO and delivery). That's about $1,500 below MSRP. I'm looking at an invoice (again including MACO and delivery) of $32,520 and a price to me of $33,500. Several other quotes are over $34,000.
This is in the SW US.
Someone will be getting a deposit from me in a day or two.
2003 BMW 325IA (btw, what does the "IA" mean?)
Titanium Silver
12,580 Miles
Certified Pre-Owned
4-Func. on board computer
Automatic w/ Steptronic
Leather seats
Premium HK sound system
Premium Pkg
Split-fold down rear seat
Sport Pkg
Rear park dist control
Location: Lansing, MI
Thanks VERY MUCH for any feedback.