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And, the deal is $35,400 with only taxes and registration extra?
If so, I'd take it..
regards,
kyfdx
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Sparkiling graphite metallic
Black leather
Automatic
Premium Pkg.
Sport Pkg.
Comfort Access
Heated front seats
Park distance control (rear)
Satellite radio prep ($75.00)
Does this sound like a good deal? Should I go for it?
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I like leather.... but, I've never heard anyone complain that has leatherette... And not one person has ever said they wished they had $1450 less in their pocket.
regards,
kyfdx
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Seems like you negotiated a great deal. I should have waited until Sept., too -- if only b/c it's basically Sept. when I take delivery!
Is your lease for 36 or 39 months? Ours is for 39 months but with the 60% residual. It's basically like taking what would have been the total lease for the 36 month period and stretching it over 39 months. I can't complain (much!).
I've not followed this whole thread, but I've a question to put out there about the extended warranty option. I received a bit of double-speak on this from my dealer. Here's what I am told:
Two options: Extended Warranty and Extended Maintenance
Extended Warranty covers brake pads, oil, etc.
Extended Maintenace covers power-train, electrical, etc.
No overlap between the two
Price of the EW is @ $1300; price of the EM is @ $3000. Also, I am told I'd have to decide whether or not to exercise either option within the first month of ownership. Is this true? I thought I could exercise the option anytime within the course of the original warranty program (50K/4years).
What's your take on this?
But, you are correct... you can purchase anytime before the original plans are up...
The BMWUSA website actually shows the list prices for the extended maintenance...
I don't think the extended maintenance plan will ever change.... The extended warranty plan could be amended at any time...though not likely...
If you are leasing, why would you want to purchase these? Even if you are leasing to eventually own, I wouldn't want to lock myself in.... in case I changed my mind...
regards,
kyfdx
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My lease will be for 36 months, 45K miles. I will be in danger of going over 50K (and out of warranty) even in just 36 months. That's why I'm not stretching it out to 39 months.
I'm looking forward to the long weekend with my new car!
Warranty.... to fix stuff that breaks.... expensive..
Maintenance... oil changes, brakes, adjustments, filters... not so expensive..
As of right now... the price doesn't change with the age of car, as long as you are covered under the original plan.... Of course, that could change, if BMW decides to change it..
regards,
kyfdx
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I loved my first Bimmer (a '99 E46 323i), but had to sell when I went overseas. Now that I'm back, and after a less than stellar experience with a Mazda 6s, I'm headed back to the driver's promised land...BMW!!! I've driven the E90 and am QUITE IMPRESSED with the level of refinement they've achieved in just a few short years...not to mention they are more fun than ever!
The reason I'm writing is because I can't find anything but scraps of info on the '07 330ci coupe. I've seen some cool pics of what the M3 will probably look like...and its beyond sweet; if the standard coupe looks 1/2 as good as what I've seen it'll be beautiful. The problem is that I can't find any info. There are some forums (outside Edmunds) that have discussed BMW's indecision on the series designation; BMW considered creating a new notch for the 3 series coupe, naming it the 4 series (similar to how the 6 series is the coupe version of the 5), however, I read that the 3 Series name is too profitable and they've decided to keep it.
I guess to make a LONG comment short(er), does ANYONE have ANY info on the E90 coupe! The dealer tells me that they are showing a fall '06 delivery for the first production, but I haven't seen a single "legitimate" pic of the new coupe, so I'm hesitant. I know it's still a ways out, but not even Edmunds seems to have any info.
Can you, or someone else, enlighten me?
GaDawg1
Maybe there's a better way of negotiating, but this seemed to work for me. Good luck.
I think I understand. I am not good with this. So the base money factor for all new 3 series is .0025 ( and not .00250 as he indicated on email)
And the residual of 60% is only on the 330i.
He still hasn't given me a quote on the car, and am waiting for that. What should I look for when he gives me the quote? The $750 over invoice he said he would give me on the 325 - and $500 over invoice on the 330i.
The only options are the premium package, heated seats, steptronics.
The way I see it is this, and tell me if I got it right please:
Dealer Invoice :$33,215
Options = $ 4360.00 (including destination charge)
Total Should be $37,575.so if it's $750 over invoice shouldn't it be $38,325. When do I include NY sales tax 8.75%, and how do I calculate a lease with this.
Please advise.
Thank you.
Please advise!!!
I have read in this forum that you shld find out what the capitalized cost is? What exactly is that?
Also, What is the difference between the Gross Capitalized Cost?, and what is the Capitalized Cost Reduction, and then there is the Adjusted Capitalized Cost.
Sld I also negotiate the aquisition fee? Then pay it up front with my taxes, and registration and 1st mth payment?
Which Capitalized Cost should be used in the lease equation?
Should the lease agreement state the MSRP even though there is an agreed dealer price that is lower than MSRP?
What is Monroney MSRP????
Is the disposition fee included in the mthly lease payment?
Does anyone know of a great dealer who can give me the sweetest deal, and honest one?
Thanks.
Those prices would be great! I haven't heard of anything that low yet. I thought around $1,000 over invoice was about as good as it gets.
Neogotiate the price of car + any and all misc dealer fees. Tax is whatever it is, depending on where you live. 8.75% sales tax is a bummer, but there's nothing to be negotiated there. Same goes for license plates and registration, I think. Be on the lookout for document fees, dealer conveyance fees and the like. I would add these misc fees to the quoted sales price of the car and then compare the total sum to that offered by a few other dealers. Dealers that charge misc fees, especially high ones, can sometimes be persuaded to drop or reduce such fees in a competitive situation. In my case, the dealer refused to drop a $275 conveyance fee but agreed to further reduce the sales price by a like amount.
Good luck to you.
I take delivery of my 330i on Friday. Counting down the days!
10 Steps to Leasing a New Car
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I see you're new to leasing too. YOu should post your questions on the Leasing Questions, Ask Here board here on Town Hall.
The Capitalized cost of the lease is essentially the selling price of the car. Do not oay a Capitalized Cost Reduction. All this does is lower your payments by giving BMWFS money up front. This a terrible idea becasue if the car is totalled or stolen even the day you drive it off the lot, that money is NEVER gone! The base Acquistion fee is $625. They can mark it up I think $200, don't let them. If they insist on it, then just lower the price you're willing to pay for the car.
Roll as much as you can into the lease so your drive off costs are as little as possible. This also gives you a better idea of the true cost of the lease. Roll your taxes in for the same reason you shouldn't put a Cap Cost Reduction (or Down Payment). Car gets lost or stolen, NY State isn't going to give up your precious tax dollars very easily.
The lease agreement should state the MSRP because the residual value is based on the MSRP of the car and not the selling price.
The dissposition fee is NOT included in the monthly payment.
Just be cool my man. Don't get so excited. BMWs are not the botique cars they once were back in the day. As you know living on Long Island, 3 series are a dime a dozen. There are a lot of dealers who are willing to negotiate, just keep trying and good luck.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
The capitalized cost is the amount being financed in a lease transaction.
Gross capitalized cost is your negotiated sales price minus the residual value (which is a fixed percentage of MSRP).
Adjusted capitalized cost is the total amount being financed in a lease transaction. It is the gross capitlized cost adjusted by adding whatever taxes and fees you want to capitalize, and subtracting any down payment you want to make.
Cap cost reduction is lease speak for down payment. It is better not to make down payments on leases, since this money will be gone in the event that the car is totaled or stolen. I feel the same way about taxes and fees. For that reason, I prefer to capitalize them rather than paying them up front.
The base acquisition fee is $625. Dealers have some discretion to charge you more. It is only the overcharge, if any, that you could negotiate.
The disposition fee is what you pay if you give the car back at the end of the lease. It is not included in your monthly payment.
You really ought to talk to Car_Man in the Leasing Questions forum. He'll answer your questions and/or point you to resources.
They act as if they owned the place, and they act as if they can be selective. Not to mention Haaberstad, and Competition. They are just as bad, but the worst has been Ralley !! You are so right. I will try Connecticut, but Darien and Ridgefield are different versions of Roslyn walk ins.
Thank you for feedback and time!!!
Will let you know - if we succeed.
Gotta be positive.
No incentives on the 3-series.... If they don't make any money at invoice, they can't make it up on volume...
You might raise your target price by about $1000, at least... if you plan on buying one..
regards,
kyfdx
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So if I go on this assumption, after I put in the options, I guess I should ask for $40k,577.50. Looks good to me.
I am not trying to be sarcastic, just trying to understand, and trying to get a great car, at a good price for me the purchaser. They still make their money I am sure.
And am planning on leasing it.
Oh well,
Thanks again.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
So if I go on this assumption, after I put in the options, I guess I should ask for $40k,577.50. Looks good to me.
I am not trying to be sarcastic, just trying to understand, and trying to get a great car, at a good price for me the purchaser. They still make their money I am sure.
Edmunds tells you MSRP and invoice so you are educated.... not so you can beat a dealer into selling a car at invoice. Edmunds does, in fact, tell you a number to go towards to negotiate --- TMV price. Check that out when you're looking up a car here on Edmunds.
There's a real obsession in the car-buying world with "invoice".... Most domestic and Japanese manufacturers advertise "Selling At/Below Invoice" because they have extra money floating around and most dealers get some "holdback", a small amount of money paid by the manufacturer to the dealer per car sold. With regards to BMW, they don't have any holdback. Their "invoice" is a true invoice price. I can see that you're skeptical and paranoid that "they still make their money", but here's the deal with holdback:
http://www.edmunds.com/advice/incentives/holdback/index.html
Hmmm ... so what's your take? If the EW is $3000, is it worth it? My agent told me it was 10 years/100,000 miles, but someone else at BMW told me it was an extra 4 years/50,000 miles.
Regards,
chillnyc
CZ
p.s. Let me know how it goes....
Both the EM and EW are 6yr/100K plans... that is six years and 100K from your original purchase date... The EW works just like the BMW CPO warranty..
Is it worth $3K? I have no idea... But, I know for sure I wouldn't buy it until I was closer to the expiration of the original warranty...
regards,
kyfdx
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2006 325i
Standard transmission
Cold weather package
Premium package
Satellite radio
Metallic paint
MSRP including $695 destination charge: $36,565
I have been quoted $35,365 ($1200 off MSRP) and the following lease deal:
36 months
18,000 miles per year
1st, last and acquisition fee, registration: $2,200
MF: .275
Residual: 61%
Monthly payment w/tax: $582
Titanium Silver Metallic
Black Dakota Leather
Aluminum Trim
Sport Package
Premium Package
On-Board Navigation System w/iDrive
STEPTRONIC automatic transmission
Power Rear Sunshade/Rear Manual Side Window Shades
Good dealer and good experience, I will reveal the dealership once I get my VIN in a week.
BTW, I DON'T recommend Peter Pan BMW and Weatherford, they were both arrogant. Twice I asked for a out the door quote via email, twice them dodged it. How difficult was it to give me a number. The very least thing they could've done would be give me some numbers (any number) so that the haggling could start. :mad:
So the result is they didn't get my business while my dealer did, and they get bad reputation from me.
- touch of class sealant protection
- lo-jack recovery system
- clear armor
- road intire
- keyless remote alarm system
thanks!
-No
-No
-No
-Not for me.. some people feel they need an alarm...
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I would defintely get the paint protection. I know it seems useless now. But what happens when someone eggs your car? Or you cant dry it fast enough when washing it? IT'll leave water spots all over. And when you park it under the sun or trees, it'll fade and will leave saps on your car. Mine is white and im getting the paint protection put on today. It makes the car looks new and shiny for the next 5 years. To me it's very much worth it. As for the road and tire protection. I just got the Tires and wheels protection. I think if you have BMW assist, it already comes with roadside assistances. Just think about it, it covers your wheels and tires for 5 years. It only costed me $450. It offers a piece of mind considering each Runflat tire costs around $300. This warranty comes with the no questions asked policy so you can always get your tires replaced for free- if you know what i mean...As for the rest, you dont need them IMO. They only way to steal a BMW is to tow it. ANd if yours comes with Assist, no need for lo-jack.
Thanks
3 series are going for a maximum for 1800 below invoice, in some cases 2200 but those are fully loaded 3 series.
Kydfx could answer that question better.
financing couldnt be lower than 5.5-6.5%.
you are looking at a per month of atleast 655$.
Below invoice? That should be "below MSRP", right?