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Acquisition fee: 825 (can I negotiate to lower it to the recommended 625?)
Tag/title 62
Doc fee 398 (isn’t it too much, isn’t it negotiable?)
Adjusted cap cost: 29,345 (33,020-4500+825)
1. Never put money down on a lease. If that car is wrecked or stolen you're out $4500. And remember you return the car, so again, nothing down on the lease. Pay for what you use. This holds unless you're doing Multiple Security Deposits.
2. On a lease you negotiate the price of the car just as you would a purchase.
MF is the finance rate. That's a really high money factor (the one offered by bmw is 00250 on a 3 year/45k miles lease and that's obscenely high too).. Your rate is the equivalent of 7.3% apr. Ouch! Just get a loan and you'll save major bucks. It sounds like dealer is trying to scam you hard core.
Visit www.leaseguide.com to get more information on leasing.
If the car's msrp is 33k, you should be able to easily knock 1500 off that. Remember, the 3's a commodity just like a G35/TL. The mystique of the BMW has passed...it's a car and they want the deal.
1. 1k under msrp isn't such a hot deal for you. So cal = swing a dead cat and hit 5 3-series cars. They can do better. Which dealer? This sounds like San Diego BMW (the worst in San Diego by far).
They bumped the money factor as it's 00250 right now on 3 year/45k. That's over 1% (more actually) apr... or over $20 extra per month.
How the blazes are you gonna keep yourself under 12k miles a year in San Diego?! It's a 20 mile drive roundtrip to just about anywhere.
I'd suggest trying Cunningham BMW (1500 off shouldn't be a stretch) or Santa Barbara. Cunningham will try to bump the MF too. give them one point - MAX.
Thanks for your prompt answer.
I just started getting quotes and as this is my first bimmer, I have no idea about dealers in SD region...
As I read through this list, it seems that BMW is in great demand in California, so you won't get those 2500 off deals as in NJ/Long Island, and that's why I am trying to get a general idea here before negotiation
I will try Cunningham today too. By giving them one point, you mean 0.0026 right? How do you know BMW's current MF of 0.0025? I thought it's 0.0020 as I read the previous posts here...
By the way, Cunningham has just two cars, Brecht one, Harloff three.
Most of the dealers only have a couple so, I wouldn't expect them to bend over backwards to get rid of one. I think that you've been made a good offer.
Max money factor bump is 3 points with security deposit....check that out.
Happy Motoring!
Once you figure out what you want send those exact specs to a dealer with your price. Hit them with faxes or emails and request a callback for their counter-offer. Regardless of the dealers statements when you visit them, the 3 series is in serious competition with the rest of the entry lux class. They'll play ball and the fleet/internet guys are far more likely to do this than the salesguy on the lot.
If you don't need it now, ask aboutt cars headed for the USA. What's on lots at this moment shouldn't be your concern. Getting the car you want should be.
I will try Cunningham today too. By giving them one point, you mean 0.0026 right? How do you know BMW's current MF of 0.0025? I thought it's 0.0020 as I read the previous posts here...
It could be. I found the mf for 3 yr/45k miles. I couldn't find the 3 yr/36k MF. I just wonder how you can expect so few miles in San Diego?
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Sorry .. but the internet manager is usually the lowest guy on the totum poll, they have little or no more horsepower than the "standing" salesperson, and they all get their prices from the GM anyway .. this is becoming more and more an "urban legend" as the days go by ...
Terry.
I am getting quotes for 15K as well.
Residual (61%/63% for 12k/15k) seems to be the same among all dealers.
But I don't know if they are "supposed" to make some profits by pumping up the MF?
Just like they are supposed to make money by charging over invoice :mad:
Also don't know how much I can talk down for the acquisition fee,
which is $825 now compared with the normal $625?
I know it's not like that everywhere and our internet department sells a lot more cars than most dealers do but I all the GM does is tell me that I'm doing a good job and gives me a little pat on the back about once a month.
Most of the internet and fleet departments aren't there to sell the cars cheaper. They are there to accomodate different types of buyers than the traditional lot traffic whether it be broker deals, fleet deals, out of state deals, internet deals....there's similar money made on all of these transactions. It's just faster, easier....maybe you deal with more savvy, veteran pros that hopefully are shooting you straight and have some good insight. I know our fleet and internet guys/gals here are among the top people in the industry. Very, very good people.
Just like they are supposed to make money by charging over invoice
It's an avenue for profit.
DL
I'd say the pricing must have been pretty agressive seeing as they dominated the segment with that car.
I think what some people are experiencing is that there just aren't that many available 3's yet and a great # of the incoming vehicles are pre-sold. A "good deal" is certainly a state of mind and I'd bet that the people who have bought these cars already are quite pleased with their "deal".
Gary
So that means I need to also consider purchasing an extended warranty in addition to the maintenance. Thats fine, I am also assuming that I can purchase that later.
After asking the sales guy and hearing "you must talk to the finance people to get the prices" leaves me cold. I expect the sales guy to be able to answer that kind of question.
Thanks
I'm sure my internet "managers" tell the same story ..l.o.l...
Terry
The back end looks cheap and common.
People are kidding themselves if they think people pay without any regard to looks or that they should give no such consideration.
i have. Bought an 01 Jetta 1.8T even though I thought it looked like a Bauhaus pillbug. Bought an 03 330i ZHP even though I think it looks like a sleepy dog with an overbite. and my 03 Protege was what color?...I think green. I sold it two weeks ago and the details of it are slipping away faster than Oprah in an avalanche.
Assuming I do ED an e90, I can assure you I find it even less attractive than my Protege. I'm buying the car for how it drives. And it's competition is just as homely.
I just placed an order for a 2006 325i on the first week of June. To those who have recent experience with custom ordering a new BMW, and expecially those who ordered the 2006 3 series, how long would it take (approx) to be ready for delivery to the customer? Also, since BMW is manufacturing some of the 325i in South Africa, what is the odd of getting on from this plant?
On the last model 3-series the "list price" was $2249... I haven't heard what they might be charging on the new one, but I'm guessing it is the same..
regards,
kyfdx
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DL
I guess I need another little help here.
Basically, I'm looking for a new 2006 325i with a metallic paint and a manual transmission. Nothing else, as most of the things I want come standard.
MSRP $31470
INVOICE $28880
Purchase price $30970 (best quote so far and this includes everything except tax, license, and fee)
I haven't negotiated with the dealership yet. I'm looking to pay cash. Is this a good deal?
My dealership doesn't have the exact car that I want now but they said they can certainly find one in the area (So Cal). They'll just need a $500 deposit and I should have the car in a couple of days.
Thanks.
JS
I contacted FleetRate.com which I saw on e90post.com,
and they gave me some very competitive lease rates,
about 40 per month less than dealers, both with 0 down.
I am just wondering if anyone has used their service before,
are they reliable and trustable?
Is there any hidden catch? (I know I have to wait 6-8 weeks)
Thanks.
thanks for the info...
Generally, how long from Waiting for Transportation to In-Transit and how long from on the boat to customer delivery? I still have my 328i to sell before I can have my complete down payment available.
Visit Autobahn Motors in Fortworth and ask for Kamran.
He provided me and my friend some good deals on the e46 models.
AMT-
Silver grey exterior
Automatic
Sport package
Premium package (includes Black leather interior)
Dealer quotes:
$44,345 sticker price
$42,800 our price (for AAA discount w/ no haggling)
According to this site, invoice is $39,005 and TMV is $41,857 (including Dest chg). Doesn't sound like that great of a deal...
I hear these cars are often preloaded w/ all these packages and that the cars sell like hot cakes, leaving little room for negotiating. is this a good price? should i go through the pain of haggling...but is there much buyer power on these great cars?
thx for your help,
330lover
Insist on base rates..
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Gee.. .who told you that? The dealer?
I think that TMV would be a much better number to shoot for... In fact, that is the highest I would pay..
The pain of haggling? I can take a lot of pain for $1000..
Have you considered leasing? The lease money factors and residuals are almost too good to pass up on the coupes...
regards,
kyfdx
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I want the 325i and they have the lease offer going on for $399/mth -which includes $3300 due at signing which I can't afford. If I pass up on this offer until I have better cashflow, what would I really be passing up on? What is the incentive to take advantage of the lease offer? Are there favorable factors included that would not be available at a later time?
The lease deals on the new '06 3-series aren't anything special.. But, if you don't have $3300 for a downpayment, I'd save up for awhile, or look for a cheaper car...
Without the $3300 upfront, and with tax added, the model you are considering will be about $500/mo.
regards,
kyfdx
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That is why the car makers devote a lot of money to design studios and designers.
thanks
These are supported residuals and money factors.. You can't really compare it to other models, as each vehicle might need a different level of financial support, depending on sales, inventory, etc...
It all works out to a very good lease deal on the coupes... I wouldn't buy one, with lease deals this good.. Same goes for the X3 3.0...
regards,
kyfdx
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I am interested in knowing why you don't recommend me buying the 330 coupe even though it is a great deal on mf and residual %. Is it due to reliability problems, overpriced, etc. I ask since your reply mentioned it a good deal, but "I wouldn't buy one"
Also, i was quoted for a price around 2300 off MSRP so still around 1500 over invoice? Is this good or do i have some haggle room? I heard there were factory to dealer incentive of 3800 for these coupes.
thanks again
No cash incentives on the coupes... all of the incentives are in the lease numbers..
You might get a dealer to come down another $500, but it is much more important that they use the base lease rates... They can cost you an easy $1000 extra by marking them up....
regards,
kyfdx
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The lease residuals for the AWD models have historically been a few % points less than the RWD models.. So, expect it to be a little more expensive to lease, on top of the higher price..
The drive? Hard to say... On the old model, I thought that the xi was noticeably slower... but, the more horsepower, the less you notice things like that.. And, the new model is substantially more powerful... Handling? I drive a sport package equipped RWD model, so I see big differences between mine and an AWD with all-season tires.. But, those that have non-sport models seem to think there isn't that much difference...
It is still a BMW 3-series.. Even in AWD form, it will out-handle 95% of the rest of them....
regards,
kyfdx
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But, you'll be able to stop and turn better..
Where I live it is very hilly, and probably equal to NJ in snow (Cincinnati).. The only time we've had a problem in the last two years.. is when we got 9" this past winter... Almost got stuck in a parking lot, where the snow was up to the side sills... Then, I remembered to turn off the traction control... and I got out..
Between the stability control and the winter tires, I'd rather be in the 3-series than my Honda CR-V.. (except for the fear of BMW body damage)... I don't have to worry about getting stuck in the CR-V, but it isn't nearly as stable in the slick stuff..
I especially like the fact that I don't have the handling/weight penalty for the 98% of the time that I drive in non-snowy conditions..
Now... none of that may convince your wife..
regards,
kyfdx
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I drive 20k miles a year in Northern California and want a 3-series sedan with a manual transmission. Which makes more economic sense when considering resale three or four years down the road...a new 325 w/premium and sport at (U tell me a good price number---15-hundred over?)
Or a late model 325 or 330. I see the market flooded with '04 325's and am astounded at the prices. Dealers want as much as $5k over wholesale on '02's, '03's, '04's (based on Manheim figures).
What is the wiggle room and your advice, based on experience? Which car will cost me less in the long term? Should I wait a few months, expecting the 3-series to weaken, once the novelty wears off and Lexus introduces its new IS-300?
And why, for cryin' out loud, do BMW salesmen act as if they're selling one-of-a-kinds, instead of cars.
I purchased my first 3- series at 200 over in 1992, and am spoiled.
BMW's ARE one-of-a-kind in the industry and the company wants it to be an experience that amounts to more than just pulling out an invoice and going back and forth a few times when you buy one. Hopefully, you've got a savvy, experienced client advisor to provide a professional, maybe even enjoyable, experience. Other brands do the same thing. Ever been to the Palms Hotel in Las Vegas.....they are just rooms, right?