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- 2006 330i
-sapphire black metallic paint
-black leather
-alumminum trim
-premium package
-cold weather package
-park distace control
-automatic transmission
-navigation with iDrive
negotiated price was $42,395. my dealership is throwing in mats too, those were like $125 or something.
I thought I already made my email public, but I guess not. I just fixed that. I sent an email to Tischer yesterday, havent checked email for a reply yet, thats my next step. Im going through getting all the Balto/DC dealers to give me a quote and go from there. I want to see what the variance is and who really wants to sell me the car.
When I needed parts for my Integra, Tischer had amazing service and pricing. They were able to get me a body kit, that was no longer in production, for more than half off MSRP.
What did you end up getting? Or are you still on the search?
I got word that Comfort Access is a $455 option.
What kind of rates should I look for? And, from what dealer?
Thank you.
2006 325i for 36/12,000
Total MSRP $36,520
Selling Price $34,810.00
Net Cap $35,635.00 << Bank Fee $825.00 (is this acq. fee?)
Cap Reduction $0.00
Tax(8.5%) $3.83
Drive Off $1,510.67 License & Registration $296.75
Doc Fee $45.00
1st Payment $565.09
Security Deposit $600.00 (higer than Audi's $350?)
Cash Required $1,510.67
Payment $520.82 Monthly Rent $170.06
Monthly Depreciation $350.76
Payment with Tax $565.09 Ta(8.5%) $44.27
Residual Factor 63.0%
Money Factor 2.9000
Advice on things that I need to negotiate downward and the bank fee?
I appreciate any feedbacks.
This was the easiest car buying experience I have ever had with absolutely no pressure. Good luck.
2) $700 off MSRP? Not great... but, I have no judgements on that..
3) Money factor.. .0029.. base rate is .0025... marked up the maximum .0004
4) Security deposit is based on the monthly payment.. smaller payment, smaller security deposit..
At only $700 off MSRP, you should at least be getting the base rates... The bump in acquisition fee and money factor is raising the payment by $30/mo..
regards,
kyfdx
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I appreciate your feedback. I'm deciding on either the Audi A4 2.0T lease of $339/24-month, with $1999.00 down, $350 deposit and acq. fee of $575.00 or the 06 325i.
I'm willing to pay little more for the 325i, but not way more....
I wanted to only add premium package, automatic transmission and xenon headlights, but in order to get those packages and have the car delivered immediately you had to have the sirius satellite radio, which bumped up the MSRP to $36,520, with selling price of $34,810.
Will I be able to negotiate on these factors with any success:
1. Marked up amount on acquisition fee?
2. Go down on the money factor to .0027 or even .0026?
3. If I bump down the yearly miles to 12,000 or even 10,000 will they lower the payment?
I am planning on shopping around 3-or-4 dealers around the Bay area.
Thank you,
As stated before... at that selling price, they should drop to the base acq.fee and money factor... Or, alternatively, take another $1000 off the selling price..
If you drop the mileage to 12K, the residual goes up 2%, at 10K, it goes up 3%.. That will lower the payment by $20 or $30/mo. respectively.. and approximately..
regards,
kyfdx
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I've talked to 4 dealerships. I've been told that it goes into affect on July 20, today, and some say that if its in Septembers production. The percentage which it will raise has also varied form 1.2, 1.4, 1.5, and 1.8.
"The main difference between the current order bank and the post September 1st order bank is going to be the price. The current production run ends on July 20th. Any car ordered after the close of business will be subject to the September 1st 1.5% across the board price increase. We’ll know more on Monday as to whether or not we’ll be able to order September cars with the current pricing."
So I can't answer your questions with any certainty. In this forum, I recall seeing July 20 and 1.4%.
I went on a short test drive with a salesguy at Peabody in an 06 325i and he was about as talkative as a doormat. He also kept insisting that there was no need for an xi, even though we had about 6 consecutive weekends of snow last winter.
I get my VW serviced in Norwood, so I was thinking about visiting the BMW dealdership there as well.
He said its from August 1st. and its 1.5%
Go figure....
If you are interested, I can check with this salesman. Just give me your e-mail address.
Both 06 325i and 330i are tremendous cars. Once I tested drove it, I knew it was the car to own.
I don't know if you need AWD around here. We have the sport wagon with AWD and also the 3 series sedan which we had winter tires put on. I actually felt more secure in the car with winter tires in snow. We have all season tires on the AWD.
Such as monthly rent, monthly depreciation, taxes, insurance, gas, maintenance, license/registration, acquisition fee, doc fee and so on?
Thank you.
The problem was that they werent able to give me a price on the car with Comfort Acces. Their explanation was that because of the price spike that was to go into effect on 7/20, they dont know the price for Comfort Access and their system would not allow them to order it.
I took their quote and said I'd think about it.
I then drove to the dealership I went to on my very first visit to see the 3 series. I was hesistant to go there because the manager said he was going to call me back previous with an answer to one of my questions and never did. I spoke to a sales rep who offered me 500 below MSRP, I said thank you and started walking out. On my way out, he was following me and introduced me to his manager again. The sales rep was not aware of my previous visit. The gen manager remembered me and then I pulled out the paper from Russel with their offer. He said he could match it but not go below it. I then asked about Comfort Access and he said thats not a problem and he'd throw it in for the Invoice price of $455. As it stands now, I have given them a $500 deposit for the car.
My current concern is that if the price on the car does go up, they will force it on me at the last minute. So I dont know if I should stay with this guy, or find another dealer that sounds more solid and trust worthy than this dealership (Northwest).
$41,500 Selling price
$42,125 Cap cost (selling price + acq.fee)
3yr/45K lease
Residual 59%
MF .0025
Payment $626/mo.+ tax.. $676/mo. with 8% tax included..
Sorry...these numbers with a $3000 trade in???
3 Year (15K)
MSRP $43,545.00
Selling $41,500.00
Net Cap Cost $39,125.00
Residual 59.00%
Term: 36
Miles: 15000
Amount used $13,433.45
Depr pmt $373.15
Money Factor .0025
Interest $162.04
Lease pmt b4 tax $535.19
Sales Tax $42.82
Total Pmt $578.01
$2000 off MSRP looks really good. What options are you getting on your vehicle?
Luke
I will send an another email requesting the fator of .0025, if not it's Audi, C-class, or TL time.
The dealer wants $3,453 cash down, with $2,660 in cap reduction, which I am not going to do. I asked for 65% residual based on 12,000/36-month, but he can only come up with 64% on 10,000. He stated that BMW does not offer 65% residual and that they are firm with money factor of .0029(a 7.3% apr). With $4,500 drive off puts the monthly payment at $423.00, which includes taxes.
The selling price is good, but the fees and financing does not sound good at all right now. I will send more emails to other Bay area dealers.
Base money factor is .0025.. that is as low as they can go..
You never have to make a cap cost reduction... They are only showing that to make the payment look lower... Of course, without the cap cost reduction, the payment will be higher..
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Base money factor is .0025.. that is as low as they can go.<<
True, but I had one dealer giving me a residual of 63% on 15,000/36-month, while another giving me 64% on 10,000/36-month. You would think 15,000 miles less in a vehicle would warrant higher than 1% residual. Post 4229 got their money factor down to .00199, but i'm guessing they put some money down to lower their rates. I will trying again to lower the money factor to .0025, but it seems the dealers are very reluctant.
Thanks for your help K.
36mo./12K is 63%
36mo./10K is 64%
Money down shouldn't affect the money factor.. Dealers can mark it up, but can't go below the base rate.. I'll look back at that post...
regards,
kyfdx
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I have requested a quote from several local dealers and the lowest quote I received was $1300 over invoice price. The car I wanted includes Premium Package and Steptronic.
Does invoice price = the invoice price for the car and the invoice price of all the options as well or just the car? So the final price should be around the same as the total with options invoice price I receive from Edmunds ($37550+$1300)?
Are there any other charges that dealer may put on it other than tax/fee?
Thanks for the responses
I have a few requests in and wanted some expert advice. I live in WA and did not have a good experience at the Tacoma dealership in '97.
When looking on these boards, the readers are spread all over the country and a single smokin' deal does not a trend make. Some of the trends I have noticed for purchases- not leases: East coast: best deals, middle of the country, OK deals, west coast- Meaning CA- very little haggling.
Where do you live in Washington- I grew up in the tri-cities. Are you close to the border? AWD seems pretty stout for Washington.
Hope this helps-
I would focus more on the actual selling prices of the two cars.. and decide which is the better deal for you, on a value basis..
Whether it is at invoice, or $2000 over invoice is sort of irrelevant... Once you have decided on a car, then getting that car as cheaply as possible then becomes very relevant..
regards,
kyfdx
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arctic blue/ blk leather int. sport and premium pkg, active steering, power sunshade, satellite radio and auto tranny. i'm planning to buy one this coming weekend. also, can anyone recommend a dealership. i've been to bmwsf and didnt had a good impression.
Assuming you are going overseas anyway, EU delivery is always a better deal - but you have to figure an extra 60-90 days of interest because you won't have a car to use here until you've dropped it off in Europe and had it shipped back to the local dealer, which can take another 6-8 weeks.
Generally, you can figure on saving about 7% over what you would pay for the same car in the US, all other things being equal....which they rarely are.