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Dealer quoted me 50,800;
Titan silver, performance pkg, cold weather, BMW assist,auto trans, Xenon,
Base price $44900 +options+695 shpg.
Lease 39 mo, 12k/yr, 1270 at signing, 734+tax/mo
I asked what the money factor was = .00290, and a 61% residual. I thought that the resis was low and the monthly payment too high.
Any help would be appreciated.
Can you give more details for the price of $37374, for example did you get a) premium package+ cold weather package + satellite radio pre-wiring?
Which dealer is it?
Thanks.
P.S. I tried to get a get a deal for 330i for above package at open road bmw for 39500 (OTD) but was unsuccessful.
2006 325i
Premium Package
Sport Package
Steptronic
Cold Weather Package
Xenon Headlights
Comfort Access
MSRP is $40,145 and Invoice is $36,825
As mentioned above, I plan to do Eurpean Delivery on this, so I'm thinking that the ED Invoice should be around $34248 (From what I understand, ED saves about 7%).
If anyone can tell me how much over invoice I should expect to pay, and any dealers in the DC area that are good to work with, I'd appreciate the help.
Lot of great info there.
BTW ED invoice on your specs is $35855 including the $695 destination charge. You didn't mention the color though. Add another $430 for metallic paint. $700-$1000 over invoice is a good price.
I bought my 06 325i in July $1000 over invoice.
Could someone take a few minutes to look at these offerings and tell me what a reasonable price might be? These prices seem to be atleast 3-5k off base.
2005 325i 18k
This one list for the same price it would have cost new, according to edmunds (31-33k)
2004 325i 12k
Looks like a nice low-mileage 2004 with alot of options. Price again seems high.
2003 325i 21k
Seems like the best deal of the 3, but still seems a little high.
Thanks in advance for any help!
Chris
Remember to factor in the CPO warranty (6 years from original purchase date or 100k miles) as added value, especially considering the dealer paid BMW between $600-$1500 just to get the CPO status.
If you are planning on financing, consider the 2003 has 3.9% for up to 60 months through BMWFS. (No special rates for 04 or 05.)
Just giving you some food for thought...
premium
steptronic
cold weather
sirius prep
green metallic
44070 MSRP
40395 Invoice
I offered 41000
Dealer responded e-mail - that is not unreasonable, which sounds like a sales tactic to me.
I think the 41 would be a great deal if I can get it, anybody doing any better than this...
Dealer responded e-mail - that is not unreasonable, which sounds like a sales tactic to me.
What kind of "tactic" are you talking about?
didn't want to kill it with a no frigging way. let's just say he didn't say my offer was accepted.
exact words were the price you offered was not unreasonable, i think we may be able to work something out.
i went on their website, dealer down the street, went through their inventory and made an offer - above was the response. not so much a tactic - as the first response in let's make a deal.
It sounds like they want to work a deal, but want you to come up a bit.
i wouldn't be surprised if they don't want to see another $500 out of me.
now the decision to be made. i have an offer on the table for a g35x,(prem, sirius, splash guards, trunk mat, 1 year service free) for $100 over invoice - $34.6.
the question for me, am i gonna love the bmw for $7K for more over the life of the car? i know it is a personal thing and determined by the drive. any last thoughts from anyone here?
You should get it for invoice.
my 2 cents
- Metallic Paint
ZPP Premium Package
205 STEPTRONIC 6-Speed Automatic Transmission
ZCW Cold Weather Package
322 Comfort Access
693 Satellite Radio Preparation
The MSRP on it is $42,820. The sales person says he can't come below $41000/-
Is it a good price to pay or can I get better deal?
Thanks!
I say shop around. did you do this through the internet. go to edmunds, get a price off that, both the msrp and the invoice, and then click get a quote. see what happens with the dealers that pop up. but work up off invoice, not down from MSRP.
Good price = 39500
If you dont get it for that, try to get it for 40000/-
NOT A PENNY MORE!
Let us know what happens.
Thanks. It's important to know when negotiating a deal.
BMW does not have holdback on any of its cars.
Edmunds Holdback
330i SG/Black leather, Step, ZPP, Nav, CA, Sat Radio
MSRP: $44,340
Invoice: $40,635
Price Paid: $41,760
Not the best of deals if you are in NY/CA, but pretty good for TX.
My question is about leasing:
1.What is the base lease factor and residual for 15K miles?
2.It is my understanding that I can buy additional miles for $0.16/mile anytime up to 6 months before my lease is up. Is this correct?
Thanks all for your help. This has been an incredible forum and I am very appreciative for all the valuable information shared here.
2) Correct
regards,
kyfdx
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- Money Factor (What would be reasonable?)
- Residual (Current months?)
I know BMW has a program for 325xi leases right now, but I want to figure out how negotiable the deal really is.
Thanks.
61% residual for 36mo/45K miles..
Those are the base rates.. you can't get any lower..
regards,
kyfdx
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I went to a couple BMW dealers in MA and they gave me around 15K.
The MSRP of the new 325xi is $36,600. (auto, xenons, heated seats, sat. prep.)
One of the dealers gave me $2000 off of the new car and about 16k for my Passat.
So basically it's about $1000 over the invoice. Do you think I should go for this deal? Is my car really worth only 16k?
Thanks
A couple more questions:
1. What is the probability of the dealer giving me the base rate? I am getting the old 'Finance Dept has to get paid too' story and they are marking it up by a whole point.
2. What is the residual/MF if I go to 18K miles/year?
Thanks again.
2) I'm not sure how BMWFS does extra miles... I'm thinking you have to add $0.15/mile to the cap cost... or lower the residual by the same amount (the latter is better).. Either way is expensive.. BMWFS will let you buy miles later on in the lease, when you have a better idea exactly what you will need... for $0.16/mi... I'd do that, and get a lot closer to the exact number.. than take a chance on buying miles that I didn't need..
regards,
kyfdx
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Would anyone have an idea of what sort of prices I could get in central NJ? And do you have any opinions on the dealers: Open Road BMW (Edison), JMK BMW, and Princeton BMW? Have people gotten good deals from them? Thanks.
330xi (manual transmission) graphite metallic, premium, sport, cold weather, 18" wheels
MSRP / Invoice = 44,220 / 40,480
Paid = 42,325 (invoice + 1,845)
I don't think this was a superb deal, but the Richmond dealer was terrible -- playing games on the trade in, adding on for floor mats (how trite), and not very responsive to specific requests (e.g., "find me a car that matches these specs") Fairfax was pretty good to work with, very responsive, and offered decent prices, but seemed to have excessive fees (don't know if it's high doc fees or add'l taxes in Northern Va).
I'm interested in what others are paying for the fees that are not state mandated (like sales tax). My fees came out to:
sales tax = 1366.37 (3.2% in Va)
doc fees = 399.00
other misc fees (tags, etc.) = 49.50
Comes w/ disclosure that vehicle comes from BMW's performance center w/ 2500 miles, and front bumper cover replaced. Thoughts and concerns or suggestions are appreciated. Reasonable bid?
Thanks. NJC
This is ironic! We're also in the DC area and looking to do the ED as well, circa spring. Same car to a "t" saving we want the 6-speed manual. Please post what you discover, I will likewise. I'm going to BMW of Sterling for the initial inquiry. Good hunting.
How was your experience with Sterling? Did you negotiate via emails or face to face? Additionally, I added up your sales tax(1366.67), doc fees(399), and misc(49.50) and came to a total of $1814.87. Difference of $30.13 ($1845-1814.87). Could you please clarify your final, "this is it" OTD price. Much appreciated.
Dealer sold it to me for 36425, 2000 off MSRP. What do you guys think? BTW, I LOVE THIS FORUM!
- Metallic Paint
ZPP Premium Package
205 STEPTRONIC 6-Speed Automatic Transmission
ZCW Cold Weather Package
322 Comfort Access
693 Satellite Radio Preparation
Floor Mats
MSRP on it is $42,820/-. I paid 40900/-.
Not sure if it was a great deal. However, I could not negotiate further as the dealer was terrible.
Let me clarify the $$ -- the price I got to was 42,325 (which is 1,845 over invoice for my specs). 42,325 + TT&L of 1,814.87 got me to the total "check I have to write" of $44,139.87. I talked to a lot of dealers (Mercedes and Audi, too) over the last week or two and seemed to get different estimates for TT&L from everyone -- some charged flat doc fees, some tried to charge % of price, etc. I'm sure all of these fees are negotiable. It seems like many folks on Edmunds forums are focused very much on cost (vs. invoice) but not so much on all the add-ons like doc fees. A dollar is a dollar.
Interestingly, I put in a bid in a car very similar to this (your specs + comfort access, sport pkg) last week at Fairfax BMW (they wouldn't tell me where the car was located, but it was "nearby"). We were a few hundred dollars apart when I decided to order a car from another dealer.
Also, anyone have any '06 data (residual, MF) for a 325 convertible?
I will leave this message with the following observation..
I tried for the past 2-3 weeks to close a deal on the above convertible. Never have I been neglected by so many...
I was in contact with at least 5-6 dealerships in 3 states (Including Nelly BMW) and 90% of the dealers who said that they would get back to me with a quote--never did. And when I would call them again, I would be promised that I would get a call, or an email and never did.
Very disapointing considering I wanted to close on a deal..
I never even got to negotiations since they never called back, even after talking to them in person..
Dont do business in FL with Vista or Braman of WPB..
Thank you for the follow-up information and clarification. I like your '"check I have to write"' analogy and will use that in future threads. Best wishes in the New Year and with your new Bimmer. Cheers.
I pulled out the paperwork, and it reminded me how expensive it is to live in DC -- the sales tax is 7%! Ouch!
Here are the details:
cold weather/premium pack/satellite radio prep
including freight ($695)
Cash price: $40,200
Dealer processing charge: $100
(for this they "threw in" floormats)
Total: $40,300
Tax: $2,814
Tire tax: $4
Tags: $267
Total cash delivered price: $43,385
I remain extremely happy with the whole sales process, which was incredibly calm and hassle-free. Feel free to ask any other questions (wish I could recommend my salesperson by name, but I guess I'm not supposed to...can I give you a hint and tell you that one of his hobbies is fly fishing?).