Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see May lease deals!
Options
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Thanks for the advice...
Sorry for my ignorance, but what are MSD's?
But I'll explain it...
Multiple Security Deposits allow you to "buy" down the MF. When you lease, you pay an security deposit (on a bimmer it's about 400-500. With BMW if you buy multiples, the MF (money factor) is dropped by 0.0001. In 03 you could buy up to 10 of security deposits, thus dropping your MF by 9. I think it's capped at 5 total now. Additionally, when you return the car, the security deposits - unless you thrashed the car - come back to you.
Very minor savings, compared to the old plan..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
My finance rate worked out to 0.72% on my lease. Couldn't have worked out much better.
I'm sure I'll have more questions...
Sparkling Graphite Metallic paint
Steptronic automatic transmission
Premium package (with beige dakota leather)
The invoice price is:
Base invoice -- $27,755
Destination charge -- $695
Metallic paint invoice -- $430
Steptronic automatic invoice -- $1,210
Premium package invoice -- $2,640
________________________________
Total invoice price -- $32,730
Tax in my area (7%) -- $2,291.10
Total invoice, with tax -- $35,021.10
The deal I have struck is a total drive-out price, including tax, tag, title, and all dealer fees of $36,462.33. I live in Atlanta, and I solicited quotes from all of the area dealers, bargaining up from the invoice price, then played one off of the other to bring the price down. Am I making a bad deal?? Thanks in advance for any praise or criticism of my negotiation skills!
2006 330i: $36,600
Monaco Blue Metallic
Premium Package: $2,200
Rear Deck Spoiler: $495
Remote Access/Convience: $500
Rear Park Distance Control: $350
Navigation with iDrive: $2,000
He's charging me for floor mats!: $129
Handling: $695
Total quoted by the dealer: $43,444
Is this a good deal??? Keep in mind I live in Oklahoma and there really are not many BMW dealerships in the entire state. I'm calling the bank on Monday for my financing options, so if anyone could give advice before Monday that would be great! Thanks!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
How could that be a good deal?
I suggest you shop around...
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Jeff
2006 BMW 330i, 6 speed manual
-Invoice 33485
-idrive navigation 1820
-Premium Pkg 2000 (Beige leather)
-Sport Pkg 1455
-Black Metallic 430
-Destination 695
-MACO+Training 510
600 (Dealer said this was above the invoice, maybe their margin)
---------------------------------------
INVOICE $40955
---------------------------------------
I think the MSRP was $43570 and the dealer quoted me $40955 or rather $41K, so almost $2500 less than MSRP.
Also since there is not a single car with the above options I plan to place a deposit and the dealer told me it takes about 10-12 weeks for delivery. Did anyone previously place a order and how were their experiences.
Thanks a lot in advance.
-
Tire And Wheel Protection: $695
* Provides repair/replacement in the even of road damage to tires or wheels
Appearance Protection: $ 895
* Paint guard protects paint against oxidation and fading
* Fiber guard protects carpet and fabric against stains
* Leather guard protects against drying, fading, and aging
* 5 year Limited Warranty on covered damage
BMW Full Maint. Upgrade: $1395
* 72 mo./100000 mi.
* Full maintenance extension
* Covers all factory recommended maintenance
* Includes replacement of some items that are not covered by the BMW Limited warranty
There are a couple of more options out there too, but I just listed a few.
The only ones I decided on was the 'BMW Full Maint. Upgrade' & 'Appearance Protection'. I was a bit unsure if I should have also gotten the Tire and Wheel protection. I've read in the forums that the 'Run-Flat' tires can be a problem in fixing if you get a puncture. Waiting for a replacement and or being very expensive. I've read that if you get a small nail, you can get it patched, depending on where it went in. Though the dealer said they can't be patched. Anyone else have any thoughts out there?
JLM
2006 330i
Titanium Silver Metallic
Premium Pkg
Cold Weather Pkg
PDC
$2500 off MSRP looks like a pretty good deal..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Appearance protection.. A waste of money... no other way to put it.
Full maintenance upgrade.. The list price for this is $995... No need to buy it now, when you can purchase it at any time before your 4yr/50 maintenance program expires... Plus, they marked it up by $400.
Put the $3000 for these items in your pocket.... and save it for a rainy day..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I'm debating between the 2006 330i and the 2005 Ci (with the performance package), which is about $1,000 more than the 330i. Several months ago, I drove the 2005 Ci with the performance package and it was a hoot.
Has the roll out of the 2006 330i (with 255 hp) had any impact on the selling price of the 2005Ci (235 hp with performance)? Yesterday I test drove the 330i (without sports package), is there much difference in the drive with the sports package? The sedan is probably more practical, but from the sheer grin factor, the 2005 Ci was tough to beat.
Finally, I live in SoCal, who's giving the best deals?
Any help is most appreciated.
Also, considering European Delivery. What's the latest on whether that can get you a better deal? Thanks.
Do an internet search.
1. Go to BMW Dealership, order car, and pay 1,000 deposit
2. Call dealer with your haggle price and let them know how much you want to pay
3. After some haggling, dealer and buyer come to agreement
4. Actually pay for the car with check from bank loan, or lease payment
5. A couple months later get the car and drive away a happy man
Is this how its supposed to work when getting a BMW?? Please advise!
2) Haggle for car
3) Come to an agreement
4) Order car and pay deposit
5) A couple of months later, car arrives
6) Actually pay for the car, and drive off in it.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I've already put down the deposit and then had them order the car on the computer, is it too late to offer a price that's lower?? First time BMW buyer obviously. So the guy said my car would get here in like 2 months, I would then pay for the car when I go to pick it up, in 2 months right? I'm getting the loan check in the mail tomorrow or the next day, does this mean I just hold onto it for 2 months, until the car gets here? Just making sure. Thanks for the help, you've been great.
It will be hard to haggle, if you have already ordered the car... You can try, though...
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
JLM
thanks
Perhaps you may know the answer to my question.
I ordered a 2006 330i in July. At the time of order, I locked in the July lease program (MF of .0025 and RV of 59%) with an option on the lease program in effect at the time of delivery. My car is expected to reach the dealer some time next week. I tentatively scheduled delivery for Sep 2. I could possibly take delivery in late August, but I'm coming out of a leased car and I'd like to avoid a double car payment in August.
I understand from various forums that the August lease program is more favorable than the July lease program. While the MF stayed the same (.0025), the RV is higher (60%).
I am wondering if I may now be in a position to lock in the August lease program with an option on the September lease program if it is more favorable, thereby making the August lease program my worst case scenario. In that case I would keep Sep 2 as my delivery date. Or, since I already locked in the July lease program at the time of order, would taking delivery in August (i.e., Aug 31) be the only way for me to possibly take advantage of the August lease program? In that case I would consider changing my delivery date to Aug 31.
I put these questions to my salesperson, but he is slow to reply. He is a new guy who always has to check with other people, people who he says are on vacation or too busy. They were very responsive to my inquiries during the period of time when they were working hard to, as they like to say, "earn my business." But now that they have my business and I am still a few weeks away from delivery, answering my questions must be a low priority for them. Not only is my salesperson slow to respond, but I don't have much confidence in him. Most recently he gave me incorrect information about the August lease program. He told me that the August lease program was not in my favor as compared to the July lease program. In particular, he said that the MF is higher. About a week ago, I asked him to double check. And I am still waiting for his substantive reply.
It occurred to me that I might sooner know where I stand by asking you.
If you have any insight into how the Sep lease program will likely compare to the Aug lease program, please advise.
Thanks.
David D
Something else to think about.... The end of the current program may not be August 31st.. With the Labor Day weekend coming up, they may run the current program through September 4th or 5th.. (or, they may not).
I don't have any good advice on what may happen... the coming price increase may also factor in to how they adjust the program, but I wouldn't want to hazard a guess on what effect it may have..
Sorry I can't be of more help...
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
It didn't occur to me that the current lease program might be extended through Labor Day, in which case it would make no difference whether I take delivery on Aug 31 or Sep 2, since the same program would be in effect either way.
I'll try again to get my dealer to focus on my circumstances well in advance, so that I can plan accordingly. I might want to change my delivery date depending on what they say. I don't want to take a chance and jeopardize the good fortune that I have had so far. The August lease program is more favorable than the July lease program, and BMWFS reduced their acquisition fee in NY from $900 to $625.
But, you'll have to get your CA up to speed.... doesn't sound like he is, so far..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
thanks
They do have a decent lease program on them, though... And.. there will likely be an '06 coupe out soon, though it will still be the current body style... You might see a selling price near invoice + $1000.
330Ci Coupe
36 mo/15k mi – 57% Residual Value – Money Factor .00080 Base Rate
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
The 2006 3-series coupe and convertible will be out in October, but they will be the same old body style and engines. The updates won't be made until the 2007 models.
the 5 series popped up and then 6 series came next.
You must keep in mind, sedans make up the lion's share of the sales.
Additionally, everybody in 04 knew the e90 was coming in 05 as an 06. It's not like companies sneak a new model out.
-mike.
They confirmed the lowered acquisition fee for me, too. Yahoo!!
I gather that you live in Westchester County, parts south. I also live in Westchester, but parts north.
I hope that you are working with an experienced salesperson there. In my case, although I was referred to a sales manager in the first instance, he wasn't there on the occassion of my first visit. A rookie helped me out in his absence. Little did I know I'd be stuck with him. He's a very nice guy, but he's given me some incorrect information and he is slow to respond to my questions. When he doesn't know the answer (which is often the case), he has to check with someone before responding. Then he says that the person he has to check with is on vacation, too busy, etc. Strings me along for a week. I'm a laid back guy, but I'm getting annoyed. I don't like being in this limbo position in between order and delivery, where responding to my inquiries is not a priority.