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2013 and earlier BMW 3-Series Prices Paid and Buying Experience

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Comments

  • banker2banker2 Member Posts: 15
    I haven't been able to find a "BMW 3-Series Lease Questions" topic in this forum. Is there one? That's why I had posted a lease question in this topic, as I thought it was the closest match.
  • blueguydotcomblueguydotcom Member Posts: 6,249
    They missed my price by 1k. Oh well. Probably better. I don't need an M3. In theory it's only a 20-30 dollar a month difference (really I'd just pay the difference) but you have to draw a line somewhere. And if they still have that car next month or at the end of January, they may come crawling back...
  • roadburnerroadburner Member Posts: 17,312
    It's in the BMW 3 Series Forum, I just pulled it up. Check again.

    Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive

  • kyfdxkyfdx Moderator Posts: 235,188

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  • jayriderjayrider Member Posts: 3,602
    If you can wait until June, they should at least split the difference. The 2010's will be on the horizen.
  • ralphwiggum1ralphwiggum1 Member Posts: 31
    what year and how many miles does the m3 have?
    what was your offer?
  • blueguydotcomblueguydotcom Member Posts: 6,249
    50 miles, 2008 M3, brand new, I offered 52k.

    After driving a 335i (with auto) this weekend, I really can't understand how BMW sells any 335is with automatics. Egad what a boring car.
  • jimbresjimbres Member Posts: 2,025
    After driving a 335i (with auto) this weekend, I really can't understand how BMW sells any 335is with automatics. Egad what a boring car.

    Couldn't agree more. If I ran the world, there would be no such thing as a 3-series BMW with a slushbox. It's a crime against nature.
  • ruking1ruking1 Member Posts: 19,826
    Perhaps that is the real issue. The majority that actually buy them get "autos" . :surprise:
  • irish111irish111 Member Posts: 5
    Going to the dealer (Prestige BMW in Ramsey, nj) tomorrow...what would be a good deal?
    328xi automatic, cold weather pkg., ipod, power front seats (jet black, leatherette)
    MSRP 39320
    Invoice 36,190
    Paid price: 37,240 (dealer said it's 500 over the "real" invoice-BMW's) but 1100 over Edmunds *This includeds 825 destination charge
    MF .00175
    residual 60%
    584 per month plus MV fee (268.50)at signing. ALL other fees rolled into
    monthly payment.including security deposit.
    I get a lower price on my lease calculator...2 other dealers (Park and Circle) said same monthly payment and fees~
    Other questions: Anyone know what are all the fees for this car in NJ?
    Is the 825 Dest used for calculating the price or should it be added later? Should i negotiate it down to 625-real cost?
    What are the taxes?
    THANKS in advance for anyone who will help me My lease is up next week!
  • irish111irish111 Member Posts: 5
    Going to the dealer (Prestige BMW in Ramsey, nj) tomorrow...what would be a good deal?
    328xi automatic, cold weather pkg., ipod, power front seats (jet black, leatherette)
    MSRP 39320
    Invoice 36,190
    Paid price: 37,740 (dealer said it's 500 over the "real" invoice-BMW's-bull!
    MF .00175
    residual 60%
    584 per month plus MV fee (268.50)at signing. ALL other fees rolled into
    monthly payment.including security deposit.
    I get a lower price on my lease calculator...2 other dealers (Park and Circle) said same monthly payment and fees~
    Other questions: Anyone know what are all the fees for this car in NJ?
    Is the 825 Dest used for calculating the price or should it be added later? Should i negotiate it down to 625-real cost?
    What are the taxes?
  • irish111irish111 Member Posts: 5
    The dealer quoted me 37,720 as a selling price.
  • hemanthhhemanthh Member Posts: 40
    I would shop around. Talk to another dealer and see if they can beat this price. BMW is doing pretty good becasue of their promotional rate, but still, they want your business. I assumed destination charge would be included in the price anyways regardless of where you end up.

    If they stick to the price, talk them into adding accessories for free to the tune of where you want the price to be..
  • kyfdxkyfdx Moderator Posts: 235,188
    I think you are confusing destination charges (part of the invoice and MSRP) with the acquisition fee on the lease.

    Also, the acquisition fee is $725 now.. (with the dealer option to mark up to $925).

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  • irish111irish111 Member Posts: 5
    BMW 328xi 2009
    Premium pkg
    cold weather pkg
    automatic
    ipod

    MSRP 42,500
    Selling price" 39,978.29
    Res 60%
    MF .002 (not .00175 because I rolled security deposit into my monthly payments)
    588.19 per month + MV fee at signing 268.50 (all other fees, etc rolled into monthly payments)
    I signed a contract?? (or is it just an order) for the car today (not the final lease). No $ given to the dealer. Getting car in week. Can I cancel if not a good deal? (1 day to cancel? 3 days??)
    Thanks!
  • nyccarguynyccarguy Member Posts: 16,373
    Pay your security deposit upfront & take the lower money factor.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • irish111irish111 Member Posts: 5
    Evrything I read said to roll it into monthly payments.
    But I did the math and the difference with .00175 money factor is $2.14 less, and 600 / 36= 16.66 so that adds to 18.80 more per month and at the end of 36 months...36 x 18.80 = $677! that I don't get back.
    So, why do they say to roll it in?
  • qbrozenqbrozen Member Posts: 32,889
    To answer your question, a car deal is never a car deal until you take delivery and drive away.

    '11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S

  • kyfdxkyfdx Moderator Posts: 235,188
    If they were actually "rolling the deposit" into the payments, then the money factor wouldn't change.. You would just have a higher payment because of capitalizing that amount.

    If they are waiving the security deposit, then the bump in the money factor is .00015, not .00025... So, your money factor would be .0019, assuming they aren't bumping it up for extra profit.

    As noted above, the waiver isn't a very good deal, especially on a 36 month lease.. Make the security deposit, then insist on the base money factor.

    You can also either pay the acquisition fee, roll it in (i.e.: capitalize it), or waive it in exchange for a bump in the money factor of .00035 (usually a bad idea). I always capitalize the fee.

    regards,
    kyfdx

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  • investor27investor27 Member Posts: 59
    Randyjstark. How did you manage to get them to agree to give you back the MSD (money security deposits) even in the case of a total loss? From my understanding, the security deposits are forfeited when you get into an accident. You can have a minor fender bender and they will still use that to take your security deposits.
  • killahbeezkillahbeez Member Posts: 5
    Just lease a 2008 BMW 328i, how did I do.

    Crimson red, black letherette
    Steptronic auto
    Paddle shiffters
    Sports package
    Heated seats
    Xenon lights
    Ipod adapter
    wheel locks
    floor mats
    trunk liner

    36/month lease with 12k/year
    .000125 MF
    56% residual
    MSRP $38750
    Neg. price $30750
    Bank fee $725
    DMV fees $218
    Tax $0 (Oregon)
    first payment $359
    due at signing $0

    Zero out of pocket for $359/month
  • randyjstarkrandyjstark Member Posts: 99
    Check out bimmerfest .com's forums and go into the "Ask a dealer forum." There is a sticky thread titled "BMWFS Improves the MSD Program!"

    This will explain how MSD works!
  • mac76mac76 Member Posts: 2
    Hi All,

    I am planning to buy 330xi with premium,sport,cold packages, over all it is fully loaded. it has 30000 miles on it. 18 months of original factory warranty is left. it is CPO(Certified pre-owned),

    Edmunds and Kbb shows around $31,000.

    Can any one suggest me the final negotiation price on this.

    --Mac
  • blueguydotcomblueguydotcom Member Posts: 6,249
    Wow, that's a deal!

    I don't want an automatic but for less than $400 a month, that's a really sweet deal.
  • mac76mac76 Member Posts: 2
    Hi All,

    I am planning to buy 330xi with premium,sport,cold packages, over all it is fully loaded. it has 30000 miles on it. 18 months of original factory warranty is left. it is CPO(Certified pre-owned). negotiated for 26500

    Edmunds and Kbb shows around $31,000.

    Can any one suggest me the final negotiation price on this.

    --Mac
  • nyccarguynyccarguy Member Posts: 16,373
    You knocked over $8 grand (close to $9 grand) off the sticker and ask "how did I do?" That's damn impressive. Like blueguydotcom said, the only bad part of the deal is the car is an Automatic :P

    No Sales Tax in Oregon? Sounds like a nice place.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • mbeachammbeacham Member Posts: 6
    Any idea what kind of price they're doing for 08 335 right now? Trying to find an 07 CPO, but thought with the financing difference, might work out to get a new 08 335 with lower interest rate. Any idea how much they're willing to come off the 2008s?
  • blueguydotcomblueguydotcom Member Posts: 6,249
    There's a used 2007 335i loaded to the gills at Crevier for 29k. You can't sniff a new 08 335i for under less than 38-39k.
  • roadburnerroadburner Member Posts: 17,312
    My local dealer has an '07 E92 335i manual with 18K miles and every option but navigation; I think I could get it for $30K-$32K.

    Mine: 1995 318ti Club Sport; 2020 C43; 2021 Sahara 4xe 1996 Speed Triple Challenge Cup Replica Wife's: 2015 X1 xDrive28i Son's: 2009 328i; 2018 330i xDrive

  • blueguydotcomblueguydotcom Member Posts: 6,249
    low miles - that's a nice deal. I figure if they're showing 29k, 27k should be possible on this 335i. Too bad it's red.
  • killahbeezkillahbeez Member Posts: 5
    Red is a good color, or you can get black or silver and be like the other 64% of BMW owners. 33% of 2008 BMWs were silver and 31% of 2008 BMWs were black according to BMW. So be unique and get red.
  • Scorpio77Scorpio77 Member Posts: 7
    Hi,

    Would really appreciate some help on this. Looking to lease a 2009 328i - 36 months. 10k per month. features - premium package, ipod, 17' vspoke wheels. MSRP - 41050.

    Now I was willing to pay upto 3000 cash down (cap reduction). Using (7+1) MSRDs to reduce my MF the dealer is quoting me $337+tax. With all the fees (bank fees - 725, doc fees-249, registration-262) to be paid upfront.

    Now is this a good deal?

    Also I can get a 2008 335i with same features for $320+tax (again all the fees paid upfront). Which one should I go for ? and please tell me if this is a good lease or not. Thanks
  • blueguydotcomblueguydotcom Member Posts: 6,249
    As of today's there's supposedly $1500 trunk money on the 2009 and 2008 3 series cars. You can get that payment even lower - the car should have a cap cost 1k below invoice. Doc fees are outrageous. $50-100 is okay but $250!
  • Scorpio77Scorpio77 Member Posts: 7
    Thanks for the reply. I agree the doc fees were very high. Is there a spreadsheet or a way I can calculate the monthly lease myself.

    Also assuming everything else being same what would you go for: 2008 335i or 2009 328i (i can get the 2008 335i probably $15-$20 cheaper).

    Finally what is the difference between the invoice and the MSRP price? Is it a fixed number in the range of $2700? I heard about that 1500 discount as well. Does it come off the purchase price ? Thanks
  • blueguydotcomblueguydotcom Member Posts: 6,249
    The 328 v 335 debate is for you to determine. I'm not terribly impressed by the 335i but I do like some of the standard equipment (xenons for instance). But the extra weight of the 335i makes me less responsive to it - mind you I've only driven automatic versions.

    Invoice and MSRP varies. For 2008s there's an automatic transmission credit and the rebate, so you should be able to get an auto-equipped 3 series for about 6k below msrp.

    Here are the current lease numbers for 2008s - http://bimmerfest.com/forums/attachment.php?attachmentid=170612&d=1230743887

    This is before the new 1500 credit. So if you're into an auto equipped 335i, you can get the auto credit of 1260 and 1500 rebate with a 0.00085 money factor. It's 0.00075 with 08 328is.

    Here's a link for a great lease calculator:
    http://leaseguide.com/calc.htm

    edmunds TMV works fine for 08s and last I checked is a tad off for 09s. Still with a 335 if you're getting a cap that's about 6k below MSRP you're fine. On a 328, it's more like 5500.
  • Scorpio77Scorpio77 Member Posts: 7
    Many thanks for the prompt reply and the links. I spent some time figuring those out and this is what i am aiming for :

    2008 335i sedan: MSRP (44650)
    Total Discount: 7000
    Cap cost: 37650
    Cash Down: 0
    Residual value: 60% (36 month lease with 10k miles)
    MF factor: 0.00085
    Reduced MF factor: 0.00040 (due to 8 MSDs I will make) which I think is the lowest possible
    Sales tax: 7%

    Monthly Payment: $377 per month incld tax (this is what i calculated)
    Upfront payment: 8MSD of 400 (3200) + 725 (bank fees) + 100( doc fees) + 250 (registration) = $4275.

    This is all my calculation. Please tell me if this is a good deal or not? Is there anything I am missing here?

    I plan to close it tomorrow!! Many thanks in advance.
    Deep
  • blueguydotcomblueguydotcom Member Posts: 6,249
    7 MSDs should be a reduction of 0.00049 so your MF should be 0.00036.

    Looks like a nice deal. I get 348 (or so) including tax when I add it up.
  • Scorpio77Scorpio77 Member Posts: 7
    yup i agree with your numbers. lets see if I will find out tomorrow if i get this deal or not. many thanks
  • jofmajofma Member Posts: 2
    let me get this straight, you're thinking of leasing a 41,050 bmw for 337/mo with 3000 down? what is meant by using (7+1) MSRDs? Also where is this dealor, ours here in dutchess county ny give hardly any discount. it sounds like a good deal to me.
    thanks
    jofma
  • jofmajofma Member Posts: 2
    where is the BMW dealor that is giving 6k below msrp?
  • blueguydotcomblueguydotcom Member Posts: 6,249
    There's 2760 in trunk money on 2008s. 2008s are going for invoice - minus discounts. You offer a dealer $2500 below invoice on a 2008 in so cal and he'll take it.
  • nyccarguynyccarguy Member Posts: 16,373
    You don't have to buy your car in dutchess county. There are plenty of dealers in Westchester, CT, Rockland (Wide World of Cars), Orange (Orange County BMW)... That would be willing to earn your business.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • nyccarguynyccarguy Member Posts: 16,373
    More like asking prices... My family and I attended a small car show at a local community college where dealerships from the area bring cars. The BMW dealer had an E92 M3 Coupe, Black/Black with an MSRP of $75,000! 10 years ago an E36 M3 could be had with an MSRP in the low $40K range!

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • stringbeaniestringbeanie Member Posts: 1
    I just purchased a 2007 328i Montego Blue/Black interior with Navigation, Premium package and 23,000 miles (CPO also) for $24,991 (looks just like new inside and out). Seems almost too good to be true. Makes me think they are desperate to sell this car. Carfax checks out great but there were a lot of service visits (13 during 2 years) during the lease for unspecified reasons. Did I make a mistake? I do have warranty for another 75K + yrs. Any thoughts?
  • RelleumRelleum Member Posts: 2
    This is the deal I got on a 2009 335i Coupe for 3 years with 12k miles per year:
    Blue Water / Beige
    Premium, Sport, Automatic, Satellite Radio, iPod Adapter, Smartphone Integration, Steering wheel with paddle shifters.

    When configured on edmunds:
    Edmunds MSRP: $50,345
    Edmunds Invoice: $46,360

    However, Edmunds base prices have $200 extra on them that wasn't on my sticker.

    Sticker MSRP: 50,145
    Negotiated Value: $46,156
    Acquisition Fee: $725
    Dealer Fee: $689

    Capital Cost Reduction: $2650 (I put $1150 down, and $1500 came from stimulus.)

    Adjusted Cap Cost: 44,920
    Residual Value: 29,585 (59%)
    Money Factor: .00205
    Monthly Payment: 578.68 + 37.61 tax = 616.29

    At this point I put 5 security deposits, 1 of them required to get the original .00205, and the other 4 reducing the money factor down to: 4 x .00007 = .00028
    New money factor: .00205 - .00028 = .00177

    Final Monthly Payment: 557.83 + 36.26 = 594.09

    Out of Pocket:

    $1150 down payment
    5 x 600 refundable security deposits = $3000
    First Monthly Payment: 594.09
    License Fees: 28.06
    Sales Use/ Tax: 12.71
    Sales Tax on $1000 cap reduc: 172.25
    Florida Fees: 66.50
    Tag Agency: 129.00

    Total Out of Pocket 2152.61 + 3000 refundable = $5152.61

    This was in South Florida. After the crazy negotiations between 4 dealerships (pitting them all against eachother), I got a deal that I'm very happy with. I hope this helps someone get a great deal.
  • blueguydotcomblueguydotcom Member Posts: 6,249
    Great deal! They're basically doing everything they can to move the cars off lots. Sadly used cars are taking a beating in resale too.
  • RelleumRelleum Member Posts: 2
    Update: That $150 didnt come out of the blue, I guess I put 1150 down instead of 1000 as my cap cost reduction.
  • not_jsonnot_json Member Posts: 5
    Hey there,

    I've been reading this forum for a while, and can honestly say that it's saved me, or will save me some cash. So to all who's post have helped, thanks!

    Anyway to my question. I was getting ready to close on a used 2008 from the dealer when it was hit by the porter damaging, front quarter, and door. Nothing major, but still an accident. Since the chances of me buying the car when I'm done are minimal, I just look at this as a possibility of a lower cost. Anyone have any experience with this? For something that's maybe a 3k repair, how much should I ask them to knock off the price?

    thanks!
  • sammybmwsammybmw Member Posts: 19
    the 335's with sport packages and even with the step, are hardly in the realm of boring automobiles. i got a 2008 last fall with the sport package and paddle shifters, the step was free, probably still is on left over '08's which there are still a few thanks to a recession and in the north east, folks think they need awd. if you are looking to grab a bargain off a dealer lot which i was, versus ordering, dealer lots have mostly automatics.
  • blueguydotcomblueguydotcom Member Posts: 6,249
    Well it figures. I negotiated a deal and Tuesday I simply couldn't get to the dealer. Same last night (kid emergency). Today I called to set it all up - they sold it.

    I was looking at a lease of $580 a month with just acq, 3 security deposits (refunded at end of the lease - but I figured I'd buy the car then) and that didn't include my BMWCCA Rebate.

    Bummer. How many people get M3s for less than $600 a month.

    Dealer's trying to entice me with a leftover loaded 328i. Not quite the same.
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