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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
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what was your offer?
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.
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!
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?
If they stick to the price, talk them into adding accessories for free to the tune of where you want the price to be..
Also, the acquisition fee is $725 now.. (with the dealer option to mark up to $925).
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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!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
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?
'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
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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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
This will explain how MSD works!
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
I don't want an automatic but for less than $400 a month, that's a really sweet deal.
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
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
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
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
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
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.
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
Looks like a nice deal. I get 348 (or so) including tax when I add it up.
thanks
jofma
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
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.
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!
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.