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BMW 3-Series Prices Paid and Buying Experience

10330 messages,  Last post on Dec 09, 2009 at 9:05 AM

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What is this discussion about? BMW 3 Series, Sedan, Wagon

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#895 of 10330 European Delivery Price by stevenh7 Dec 22, 2003 (1:36 pm)
Trying to get a Offer together for European Delivery on a 2004 325CI. Am I doing this correctly?   Found the European Delivery Confidential Wholesale Price for the 2004 325CI is $25,475. Here are the numbers I came up with:    2004 325CI Alpine White ED Invoice - $25,475    205 Automatic - Invoice - $1,210    403 Power Glass Moonroof - Invoice - $955    459 Power Front Seats - Invoice - $905    N6TT Leather - Gray Montana - Invoice - $1,320    ZCW Cold Weather Package - Invoice - $685    Destination and Handling - $695    Dealer Profit - $1,500  Total Offer - $32,745   Do these numbers look accurate? Also, has anyone had good luck with a particular Dealer in NJ?
#897 of 10330 incentives on 2003's ??? by benjamin753 Dec 22, 2003 (6:59 pm)
Does anyone have firm information on incentives for 2003's or 2004's? Has the November promotion been extended through the year's end?   Thanks,   Benjamin
#898 of 10330 Question re. waiving Lease Fees by alexwhite Dec 24, 2003 (11:03 pm)
Just got an estimate on leasing a 3-series. It contained a number of fees: acquisition fee, disposal fee, and deposit.   Several consumer Web sites tell that these fees are negotiable and can be waived by dealers. Has anyone been able to negotiate their way out of these fees? Any advice?
#899 of 10330 Question re. waiving Lease Fees by benjamin753 Dec 25, 2003 (10:07 pm)
Alex,   I'm in the process of negotiating a lease on a 2003 325xi and the dealer has waived all such fees. I don't know if this is standard practice but you should do your best not to pay them.   Benjamin
#900 of 10330 Question re. waiving Lease Fees by alexwhite Dec 26, 2003 (7:54 am)
Benjamin -   Appreciate your response. Do you by chance know if they raised any other components to compensate? What they told me is that they can "waive" the fees but raise the money factor by .00015 or the cap. cost. This is, in my mind, not really a waiver. Would you know what money factor they are charging you (on what lease term)?   Thanks in advance.
#901 of 10330 Question re. waiving Lease Fees by benjamin753 Dec 26, 2003 (8:50 am)
I'm still negotiating the lease, so I don't have any firm numbers to offer you. They initially offered me a money factor of 0.00245, equivalent to a 5.8% APR.   Your logic is correct, lowering the price of one element of a lease only to raise another is silly and not getting you closer to closing a deal.   It's the end of the year and there are plenty of cars on the lots. I would think they're as ready to deal now as any other time. Hang tough.   Here is the offer I have out with the dealer:   new 2003 325xi w/Premium, Leather, Auto, Metallic Paint, Heated Seats: MSRP $36645   Base Cap Cost: $33615 (invoice) Costs Added to Lease: $0 Origination Fee: $0 Cap Cost Reduction: $0 Adjusted Cap Cost: $33615 Residual Value: $20166 Money Factor: 0.00158 Terms: 36 months, 12,000 miles/year Sales Tax: 8.8%   Monthly Payment: $458.56 + $40.35 tax = $498.91   Refundable Security Deposit: $498.91 + $50 = $548.91   Due at Signing: 1st month's payment + secutity deposit + license   I'll let you know in the next couple days if I get the car.   Best of luck!   Benjamin
#903 of 10330 Question re. waiving Lease Fees by alexwhite Dec 26, 2003 (9:21 am)
Benjamin -   I just realized that your model year is 2003 and thus the residual calculates at 55%. You may want to try 2004. The current residual is 64% (that is for 325i, not sure about xi), and your payments may work out better. Granted, they will charge you some over invoice, but it may still make sense.   Alex

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