Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/22 for details.
Options
Comments
All sales men say that,it is just part of their gimmick. I have not heard anything bad from the sales men at VOB. My sales man was great (I got 330i) and my friend that bought a 325i sales man was great. He gave her more of a discount than mine because I placed an order in April 2005 so the dealers were not discounted much then (750 off msrp). Like I said, you can get it for $33k, my friend did. Just press the sales man that it is all you got and that you are ready to buy right now at that price. Sad to say, that I got rid of my 06 330i after less than a year. I decide to move up and get a 2005 545i. So far the car is great! Just trying to get use to the size of the car and power. Good luck with your purchase!
Finally, what about color combos? Most places seem to focus on the greys, blacks and whites and don't have the other colors on the lot. One guy said the Deep Green + Terra Cotta looked sharp. Before I order I want to see what looks good since the BMW website is of no help.
LS
I do recommend going to the lot and seeing examples of the color. I got Monaco blue metallic with Gray interior but only after seeing it in person at Beverly Hills BMW.
Hope this info helps Good Luck
1) Not sure how they calculate lease tax in Cincinnati (even though I live near there), but I think it is paid upfront.. Since you live in Texas, it is possible that you will have to pay tax on the entire value of the car (or BMWFS will) when you register it. The guys at Swapalease are very experienced, and should have this information available. If they don't, BMWFS will surely know.
2) The transfer fees (to BMWFS) are $450.. That is a great offer.... but, I wouldn't have the car shipped.. You can probably fly one-way to Cincinnati for $200.. That way, you see what you are getting, and you don't have to deal with the "what-ifs" of a shipping company.
3) There shouldn't be any other fees, other than what Swapalease might charge you to sign up.
4) The NAV should work anywhere in the 48 states...
Regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
330/sport/prem/metalic paint/heatedseats
I was told retail is $42070. My cost is $39,801. Dealer doc fee is $45.
The lease rate for 3 year with no money down is $476 +state tax. This was calculated using a MF of .00195. Residual is 65%
The lease rate for 24 month is $517+state tax. This was calculated using a MF of .00220 Residual is 74%
I typically do approx 5K miles a year.
The best interest rate interest rate I have seen fora 60 month term is approx 5.75%.
Any thoughts would be much appriciated. My current lease ends in two months
Thanks,
Jay
How do you reconcile only putting 15K miles on your car over three years, with the amount you are paying to lease it? It seems that you'd be better off getting a 72 month loan, and selling at the four year mark with only 20K miles on your car... Your payment would still be higher than the lease, but you'd probably have a lot of positive equity at that point...
Plus you'd still have warranty and free maintenance for the entire period..
Just my $0.02
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Good Luck,
DL
Edmunds 2006 3 series appraisal
Auto
Heated Seats
Premium
Navigation
Sat Radio Prep
27 month lease with 0 down, new york (8.625% read:suicide) tax in the payment with just 1st month and acquisition fee and other standard charges. The deal is 560/month for 15K miles. How did i Do? The MSRP of the Car is $45,245. Also what is the selling price of the car given the payment
Thanks for your insite. Much appriciated. I don't have long commute to work and I guess I don't get out enough that's why my 04 (not a bmw)I am driving has 10400 miles on it.
The lease was zero down with security deposit/bank fee and first months deposit due. At $800 over invoice and 5.75 percent, I think I can come up with 6k down so I would be financing approx 33-34K.
Any thoughts from any 300 sedan/sport/maunal owners? how have you enjoed the car so far?
2006 330I
Prem
Nav
Sport pkg
Jet Black/Dakota Leather
Sat Prep
36 mo lease
15k per year
2k down
599.99 per month including Tax...
In anyones expert opinion... Is this a good deal?
DL
Stacy
Thanks!
DL
Stacy
Good luck on you choice,
DL
2006 330i
- Premium Package
- Cold Weather
- Metallic paint
- Automatic
The guy said MSRP was 42,250 and he'd sell it to me for 40,250. Can I get some help as to what sort of price I should aim for?
2006 325xi
-Premium Package
-Sports Package
-Cold Weather Package
-Manual Transmission
-Metallic Paint
-Xenon
-NAV
-Park Distance Control
-Comfort Access
-Rear Shade
-Upgraded Sound
-Satellite radio
MSRP is $44,940
Dealer cost is $41,320
My cost is $42,320
Residual Value is 63%
Money Factor is .0029
Monthly payments are $635.51
He won't change the money factor or residual, but gave me $1,000 over invoice.
How does that sound? I want to decide soon so I can order the car and have it here when my lease is up.
48k is a lot for a 3-series. I'd definitely buy something else with that sort of money. However, 42k for a 325i? something that only has 215 hp? seems a little lacking for the price
1. Ordered car on 4/1...how long should it take to get here (I am in MN)?
2. How many miles should it have on it?
Thanks.
agb
Good Luck,
DL
Production 03/30/05
Arrived at dealer in TX on 05/05/2005
DL
Thanks,
I'll try and get another $500 out of them before I sign.
Doubt I can do significantly better...any thoughts.
On April 8th, I closed on a new 2006 330xi lease through BMWFS. In reviewing the lease document, the effective date was listed as being 3/31/06. When I asked the finance rep about this, he indicated that "BMW had already applied this lease to last month's business."
As part of the required up-front money I paid the first month's payment up front. Yesterday, the 20th, I received an invoice for the second payment which I've gone ahead and paid.
I don't want to sound petty, but it has not set well with me knowing that the "first month's" payment covered about 20 days.
Dating the lease as though the deal was closed 10 days earlier was done to benefit BMW (or maybe it was the dealership that benefited and the finance rep just blamed BMW in an effort to shift blame away from the dealership itself.)
To me, this is not that way that a dealer, auto manufacturer, and finance institution should start a relationship with a new customer.
Question -- do you think that I have any recourse in this situation. I am a reasonable person, I just want fair treatment.
Thanks.
Good luck. I too really love the old e46 styling, but feel it looks dated.
I think it benefitted the dealership by punching it March 31. They must have needed the sale to make some bonus.
Generally, $2K is about the biggest discount I've seen on a 3-series vert.. It is spring, and that is when prices firm up for them..
I agree about it being an old body-style, but since there is no alternative right now (six months or more for the new one?), I don't think it will affect new pricing..
Is the 2.9% financing good on convertibles? That is a big bonus.. I also doubt you can do significantly better... $500-$1000 more would probably be all of it..
(I wish I had the performance package..
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
1) You are being cheated out of ten days use of the car... Relatively minor... about $200
2) The 330Xi lease money factors dropped in April.. They could have given you a lower money factor.. This could be a plan to squeeze some more profit out of your lease... Or, it could just be a bookkeeping/sales deal for them..
I guarantee you that the deal didn't have any extra benefit for BMWNA or BMWFS... If anyone made any extra money out of it, it was the dealership and/or your salesperson..
I think you definitely have some recourse...
First, I'd go to the sales manager, and tell him that you have a problem with the lease being dated 3/31/06.. and that you want it re-written for April 8th.. They will probably say that they can't do it, yada, yada, yada.. If so, tell them you think you've been screwed, and you are going to the general manager of the dealership.. If nothing happens, then do exactly that..
If nothing comes of that, then call BMWFS directly, and ask to speak to a supervisor or manager.. Tell them you've been the victim of a fraud, and that your lease paperwork was back-dated.. They are very touchy about those things..
All this is sort of vague, so here is what you should be looking for...
1) If you are just losing ten days of use, that is about $200.
2) If you missed out on the .0003 reduction in the money factor from March to April, that is about $20/mo. or $720..
3) If they then marked up your money factor the maximum .0004 that BMWFS allows, that is another $27/mo. or $972.
What you really want, and are entitled to... is 1) and 2).. If you really rock them back on their heels, and you are pretty certain they marked up the money factor, then go for 3) also..
My guess is the sales manager is going to offer you 1) to make it go away... If you don't want to mess with this whole deal, you can take it and stop right there.. We aren't talking about breaking the bank, either way..
This won't be fun... Don't call anyone a cheater or liar, until you absolutely find out the dealership won't work with you.. Even car dealers like to save face..
Do you know what money factor was used? The base money factor in March was .00225.... In April, it was .00195.. The dealer can mark it up by .0004 over these numbers, and if you didn't make a security deposit, the number is .00015 higher..
Hope some of this helps... looks like I rambled a little..
regards,
kyfdx
Host-Prices Paid Forums
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
It's not a 330ci... it's the 330cic (convertible). Right now is prime convertible season. As a result, you can't expect huge discounts, as demand is high.
As far as styling and engine goes, the new convertible styling and most likely engine won't be out for another year. The coupe is out this fall, but the convertible won't be out until the spring.
DEAL #1: Lease, 36 month/15k, $654/month with $1534 down (security deposit, 1st payment, TTL)
DEAL #2: Owner's Choice, 36 months, $613/month with $1500 down.
DEAL #3: Owner's Choice, 36 months, $660/month with 0 down.
Which deal would you choose, if any?