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Eek, waiting months for your car! No, not in the era of instant gratification. Don't want the weather package? "Well it's only 1k extra and you do get the car right now." Wanted gray leather but all they had was black? "But you get the car right now!"
Mark one up for the car salesman.
What did the salesman do in this instance? Oh he pushed a car that's on his lot. That's just like the kid at circuit city is told to move the older panasonic falt screens to make room for the new model.
Tell me do you also have the wonderful checklist that encourages people not to sell cars on their own? For those who haven't snooped at dealerships (I have...I go through anything sitting on the salesguy's desk while he's away "talking" to his manager), most dealerships have this great checklist of silly things to say when a perspective buyer doesn't want to trade-in.
Some fun ones:
1. Mention terrorism and that selling the car privately invites dangerous people to your home. Of course, you could meet people in public places to sell but how would that scare car buyers?
2. Cars can go unsold for months! Of course, the trade-in price will probably be 2-3-4k lower than what you can get on your own.
3. you have to smog the car (in CA). Wow, $35 saved!
The list goes on and on and boy is it a laugh riot. It's similar to the tactics they use to push you into features you don't want (moonroof, automatic, premium package, navi, etc).
The forum is here to help people buy cars and get them a good deal. Many of us are here expressly to help others do that with BMWs. We don't want people to get raked over the coals. What is the motive for a BMW salesman to dismiss ED? Hmmm, who could he be thinking about in that scenario. Shipo's done ED and raves. He always tells people about it because he wants to share savings and a unique experience for no other reason than to help people.
MSRP: 40,470
Invoice: 37,120
Includes: Premium Package; Automatic; color white
3 year lease, 15K miles per year;
Total due at signing: $715.46 + License
Monthly: $664
Tax @ 7.75: $51.46
Total Monthly Payment: $715.46
Well, it's my job to have the prices. The price difference is accurate for ED v. domestic delivery. Now, if you can go back and forth to munich from San Diego (go to priceline.com right now and it says $2285) for less than $2650 then you would save some money, or course you wouldn't have your car for three month either. If negotiating the amount over invoice, it doesn't matter what the options are because the options are figured at cost. It sounds like you're quite anxious to illustrate how wrong I am and insult me. That's fine. I'll just stick the facts. If you can go to Europe and back on a thousand bucks, I'm impressed.
You slam the BMW client advisor stating that he wants to pad a fat commission....well, the commission is the same whether the clients go to Munich for the car or they take delivery at the Center. So, you're wrong about that. I don't need to check any forums about ED, because I do ED's and I can assure you that I know more about it than some third pary know-it-alls like yourself. So, you're wrong about that.
You're number crunching is not too good, BLuedot. Going to Europe for a great experience is super but you're not saving $5000. The difference again in ED v. domestic on a 330xi (like the guy asked) is 2650. That's it. The reason I said that ED was not the way to go was because the dealer in question had a car on the lot that probably has 4 grand of dealer cash on it and the guy seemed willing to consider it. That would certainly mean that it would cost him far less to get that car than flying off to europe. There is no more dealer cash on the car. That's pretty simple to understand isn't it? 4 grand below invoice is going to be a bigger savings than 2650 minus travel expenses. That's good advice for someone trying to save money.
You've obviously got some problem with people in the car business, but the guy asked a question and I gave him a real answer. The dealer cash expired on the car so, you can't get that for ED. Therefore, it's a bigger saving to get the car at the dealer now. Why don't you let me give my professional advice and if you want to throw in an uneducated shot in dark opinion then I'll respectfully listen. Respect is a big key here in the forum.
My car's MSRP is 34195 with metallic paint, leather interior, and automatic. The lease offer I got from Crevier was a joke, MF of .00325. An outside lender got me this deal on a 48 month lease with 15K miles/year. I feel pretty good about it but wanted to hear other experiences...
MSRP $34,195.00
Base Cap Cost $34,195.00 (I'm paying sticker)
Reg/Doc/App $1,231.00
Capital Cost Reduction $- (Nothing down)
Adjusted Cap Cost $35,426.00
Residual % 48%
Residual Value $16,413.60
Money Factor 0.00213
Term (months) 48
Depreciation $396.09
Finance (Rent) Charge $110.42
Sales Tax $39.25
Total payment $545.76 / month
My only drive off cost is first month's payment. The MF in this deal seems pretty good for a third party lease. Anyone think I could have done better with Crevier?
>
If he had left an hour sooner, then maybe he would've got hit by a semi and died.
It's just laughable that salesmen complain about buyers trying to save a few bucks while they'll do anything make a few bucks. There is nothing to complain unless there has been a bad faith.
> probably going to well excede the price break. There's an ED forum here.
>
Let's see... I'm paying $5000 below the US MSRP, $1200 for two tickets, thanks to bmw/luft program, and making a vacation out of it to boot.
Besides the cost savings, ED is a very convenient execuse for a vacation. It's probably not worth though, if you are going to Munich just for the cost saving, especially if you can get a good deal on a US delivery.
Danny
there are not dumb people in here buying BMW's.
I think these are relavent viewpoints concerning the topic, prices paid and buying experiences. I could care less about what type of deal you're getting or claiming to get. I bought a new 325 myself and I enjoy the cars with the same passion or more than just about anyone. I'm not here to benefit the dealer, that's silly.
The buying experience is one that I witness many times a day so, I think that I've got some insight. I've got all the programs and pricing at my fingertips and I offer advice with no solicitation. You guys relax a little. I'm no threat to any of you and I don't care to sell any of you anything.
Can you do better? Yes. I'm moving to Newport Beach, but still went with santa barbara. Santa Barbara saved me an additional $500 off of NB's offer. People make the argument that $500 is worth developing a relationship with the local dealership. It's a personal decision.
I cannot comment on Alahambra, but they were not listed as ED friendly on other bimmer forums. Don't waste your energy and effort if they end up ED-naive.
good luck.
Experience was incredible. Best european trip I've ever done.
Well that's flat out wrong as one rarely orders a car to be made (2-3 months away) and then tries to take a flight the next day. Typical salesman rhetoric designed to fog the reality and lead a customer toward a hasty decision. Do a search on travelocity for september or october...anytime 3-8 months from now and you'll see prices in the 600-800 range. Of course again, we're talking about intelligent people who can hopefully see through your subterfuge and know they can use frequent flyer miles...gee free flight...or do some intelligent shopping directly on sites and find good prices. The ED munich price on a 330i is 30,720. If you want to lie to people here, that's fine. But we're not gonna ignore and allow you to push false figures to line the pockets of salesmen.
So, you're wrong about that. I don't need to check any forums about ED, because I do ED's and I can assure you that I know more about it than some third pary know-it-alls like yourself. So, you're wrong about that.
you mean you sell people ED cars at the price listed on the BMW site? That's fine, if people want to allow your dealer to pockets thousands extra for a car, god bless. This forum is here to help people save money.
Why don't you let me give my professional advice and if you want to throw in an uneducated shot in dark opinion then I'll respectfully listen. Respect is a big key here in the forum.
Your "professional" opinion is like asking a kid at Best Buy if one should get the same LCD TV at Amazon for $200 less and no tax or buy from Best Buy. Of course you're gonna come down on the side of buying off the lot. That's your bread and butter. You have something to lose if people are unwilling to pay MSRP or bogus basic ED pricing on cars. Your "advice" is suspect and skewed. And I flat out don't respect your view because you're not here to help people...you're hear to push the salesman agenda.
Not sure what this means. If what I'm hearing is true, and demand is way out ahead of supply on the 325i here in OC, I'm wondering how anyone is able to get much of a price break.
So, where again does someone have a 325i "on the ground" that isn't "pre-sold?"
Hot tip: If you don't like another member's posts, skip them.
kirstie_h
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2006 330i is 30720 in munich or 33215 at your local Center. That would leave you $2495 for a cool, yet frugal, european getaway.
The difference on a 530 is $3575 and I always price cars from the invoice up.
"largest" does not mean #1 selling. Irvine says they are the largest dealer in the western region referring to the size of the dealership. One dealer very near to them is "smaller" but outsold them last year by about 900 cars and is well ahead of them this year also.
I don't know where to start with this one... go read about Full Maintenance and come back. I've had 3 new BMWs over the past 4 years, with 8 total trips to the dealership for service, all but one for scheduled oil changes. They've been fantastic for me.
MSRP: 42,070
Invoice: 38,575
MF: .0025
Residual: 63% ($26,504.10)
Total Monthly: $603.83 + $46.80 (7.75 tax) = $650.63
530i Sedan
24 mo/15k mi – 67% Residual Value – Money Factor .00125 Base Rate
36 mo/15k mi – 58% Residual Value – Money Factor .00125 Base Rate
48 mo/15k mi – 41% Residual Value – Money Factor .00270 Base Rate
60 mo/15k mi – 32% Residual Value – Money Factor .00270 Base Rate
545i Sedan
24 mo/15k mi – 66% Residual Value – Money Factor .00100 Base Rate
36 mo/15k mi – 57% Residual Value – Money Factor .00100 Base Rate
48 mo/15k mi – 40% Residual Value – Money Factor .00270 Base Rate
60 mo/15k mi – 31% Residual Value – Money Factor .00270 Base Rate
i.e., lets assume that I order one today...approx how long before it is ready for pickup in Munich? and how long after I drop it off in Europe can I expect to see it at my dealer (Texas)?
Does it matter if its a 3 Series or a 5 Series (I have not yet decided between the two)?
Also, what sort of window do they give for Munich delivery?...I am assuming that they give a range of dates that you can pick your car up?...is it a week?...a month?
Thanks for your help
I have had pretty much solidly good sales experiences from a wide variety of people at several MB, BMW, and Acura stores over the past 40+ years. Once I make it clear that I am a well-informed enthusiast, I've rarely had a problem finding a compatible personality to deal with in high-end dealerships. I just make it clear from the get-go that I know the business - my best friend is an F&I manager at an MB store - and just politely insist that all conversations stay focused on my goals for the transaction. It has been a truly rare occurrence when I have had to exercise the beat-feet option, which is always there, after all.
The whole point of this discussion should be to reveal what is possible in the marketplace at any given time. In some markets, it's going to be easier to get what you want than others, and we all know the importance of timing. But I have to agree with our host - anybody who adheres to the posting rules should be welcome here, including people in the business. We can agree to disagree about what constitutes a good deal....
One variable is the reservation request. Not only does the car have to be ready but the ED people have to fit you into a very tight schedule.
Right now is the peak time of the year for Euro deliveries. There are 3 people on the front lines that process European Deliveries and they did about 2300 deliveries last year (that would make them a top ten dealer in the nation with just 3 people!). So, scheduling is crucial. The car has to be paid for about a month before you get it. After you leave europe dropping off your car for transportation back to your BMW Center it takes a minimum of a month for you to be driving on US soil.
Actually, effective December 1, 2004 :
- The length of time for contract signing before delivery has been reduced from thirty (30)days to fourteen (14) days.
- Customers can stay abroad for up to 90 days. During that time, insurance is required, listing BMW FS as loss payee. Easy Pay will be required for customers who extend their stay.
- Customers will no longer be required to make two (2) payments at contract signing.
- BMW FS will pay the second payment for the customer (on lease only). This payment will appear on the customer's first invoice as a credit. If the customer opts for a Pre-Pay Lease, the total amount due should be reduced by one monthly payment.
- A lease rate adder of .0003 will be added to the published applicable rate for all ED leases.
- Retail contracts will continue to have 60 days until first payment.
But, BMW Financial just dropped the lease rate to.00195 (if the dealer will write the deal at buy rate). Also, there are some other lenders that might be considered for lease payments. BMW's 3 series programs gives payments $40 a month higher or more than some others right now.
Some people actually prefer the 3 to the 5. I think that I do. It drives better, to me.
I got mine last month. MSRP was $42,245 and I paid $35K. You should be able to get good deals like that if you shop around.
AMT-
You can get discounts, but not as good as that for the 330i.
AMT-
Use this formula: Invoice price- $4200 + $500(dealer profit).
That is the lowest you can go, unless you find some dealer who is REALLY desperate to get rid of them. But they are in short supply and it still attracts 2005 model lovers.
AMT-
Those who compare the new 3 to the previous might not think that the huge discounts on the 05's are enough to get their money.
But, using your figures, the payment you came up with, would be buying the car at MSRP.. I know they are popular, but I would be shooting a little lower than that..
If you assume a selling price of $1500 off MSRP, with the 62% residual.. and the acquisition fee rolled into the cap cost.. the payment would be $588/mo.+ tax.. With just 1st payment and security deposit due at signing..
regards,
kyfdx
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Second, in post #4125 virtualbmw explains that the incentive expired on May 31, implying that buyers probably would no longer get that big discount from dealer cost. But wouldn’t most dealerships show the year end 325 and 330 sedans as “sold” so they still get the cash from BMW? It would seem foolish to do otherwise (and it was what virtualbmw suggested in post #4082 that the dealer in question did). What did your dealership do? Are the deals on the 2005 sedans, indeed, over?
Finally, as to the purchase of a year end 2005 330 at US dealership prices versus purchase of a 2006 at ED prices, it looks to me as if the price difference will be somewhere around $2000 plus the cost of a trip to Europe. I suggest that, if you’re flying over for a day just to take delivery of the car, you ought to figure that cost into the price differential. However, if you make the trip into a fun vacation, it’s a lot harder to say the cost of the trip should be figured into the price of the car. I favor the vacation. So when I do that, the comparison for me is whether the 2006 with its new technology and engine (and possible first year “bugs”) is worth a couple of thousand more than the 2005. IMO, I’d go to Europe, have a great time and pick up a new car!
The incentive on the 3's has expired. So, unless, the dealer punched (reported sold) the existing inventory then their is no dealer incentive. I'm certain that the dealers did just that. If one orders the car now as in ED or if there are cars incoming now, there will not be a dealer incentive at all. So, for existing inventory you can probably still get the huge discounts. Where I am we didn't have any 2005 3 sedans left so, we didn't have to worry about it.
I agree completely concerning ED savings. That would be a great experience for anyone.
Maybe, there won't be a great deal of "bugs". The new technology has been developed through the 7's (2002 and up) and 5's (2004 and up). And, certainly, there were a few "bugs" there but have been reduced as time went by, especially software issues.
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Also, does anyone know the best way to get top dollar for your trade in? Most dealers will usually quote somewhere around wholesale which is about 25.5K but there's no way I'm going to let them do that for her 2004 RX 330 that is selling retail for about $34K. HELP PLEASE!
According to TMV here on edmunds.com on a new FWD 2005 RX330 you can expect to pay about 34 plus the options. So, it's probably more of a factor on the dollar amount of the Lexus trade. It can be tough to retail a car like that because it's so new that you're in direct competition with the dealers. They can take in a trade and finance people and you can't. But, if you've got a month, I'd get it detailed and inspected, make sure the tires are very new or brand new and advertise it. Make sure that you know what comparable cars are priced at the local dealers and be under that. In your ad make sure you say that you've got the history, warranty information, that the tires are new/newer, that it's been freshly detailed and that you have a current inspection available.
Good for your wife. I'll bet she won't miss driving that fancy camry wagon.
I am not allowed to post the contact name here. It's the Edmunds forums policy.
If you want a decent deal on the Lexus, sell it yourself. I put an add in the Dallas paper recently to sell my Accord and the phone continues to ring even after I sold it. A 10 day add costs $49.00.
Good luck!
AMT-
I've driven both, but I admit I really can't tell the difference. Probably b/c I'm driving an 88 Volvo 740 wagon
I know of a good place to get the car detailed and I have all of the Lexus inspection records that are up-to-date.
>>Good for your wife. I'll bet she won't miss driving that fancy camry wagon.<<
Now that's what I call funny! I wish she would've listened to me in the first place and not went that route. But oh well. Just to throw out a question, I know you don't have any real live info to go on but how well do you anticipate the new IS 350 stacking up against the 2006 3?
I live in N. Forth Worth so Autobahn is just a hop, skip and jump away from me. I think I'll go by there this weekend. I'll also try the Dallas Morning News with that add. Thanks again.
Just like I asked virtual, I know you don't have any real live info to go on but how well do you anticipate the new IS 350 to stack up against the 2006 3?
They are 2 different cars. The Bimmer is a man's sporty toy and the Lexus is a woman's favorite car in my opinion. I see more women drive Lexuses and more men drive Bimmers. You have Japanese reliability and German engineering.
I never considered the Lexus in my decision to buy last month. I test drove the G35, Audi, Mercedez and the Bimmer. So, I can't vouch for the Lexus.
This is what I would do if I were you: since you have already owned a Lexus, give the German car a chance, will you?
Good luck!
AMT-
Ask Terry on the Real World Trade In Values board here on Town Hall.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
downside of the car...no manual in the 350, only in the 250.