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chalfont
03-21-2007, 09:41 AM
I think it might be usefull

Costco Member-Only Price Sheet


ALL FACTORY TO DEALER INCENTIVE AND/OR
CUSTOMER REBATES TO BE DISCLOSED TO MEMBERS



BMW

2007 328i Coupe 500 Under MSRP
2007 328i Sedan 1500Over Invoice
2007 328i Sports Wagon 1500 Over Invoice
2007 328xi Sedan 1800 Over Invoice
2007 328xi Sports Wagon 1800 Over Invoice
2007 335i Coupe 500 Under MSRP
2007 335i Sedan 1000 Under MSRP
2007 525 i 2000 Over Invoice
2007 525 xi 2000 Over Invoice
2007 530 i 2000 Over Invoice
2007 530 xi 2000 Over Invoice
2007 550 i 2500 Over Invoice
2007 650 i Convertible 500 Under MSRP
2007 650 i Coupe 500 Under MSRP
2007 750 i 2000 Under MSRP
2007 750 Li 2000 Under MSRP
2007 760 Li 2000 Under MSRP
2007 M5 100 Under MSRP
2007 M6 100 Under MSRP
2007 M6 Convertible 100 Under MSRP
2007 X3 3.0si 1725 Over Invoice
2007 X5 3.0 1000 Under MSRP
2007 X5 4.8 1000 Under MSRP
2007 Z-4 Coupe 1000 Under MSRP
2007 Z-4 M Roadster 500 Under MSRP
2007 Z-4 Roadster 3.0i 1000 Under MSRP
2007 Z-4 Roadster 3.0si 1000 Under MSRP

choatie88
03-21-2007, 09:58 AM
Wow, that's pretty crappy. Good thing we have invoice pricing here on the forums!

dUMpEdE39
03-21-2007, 10:27 AM
How positive are you of this?

brkf
03-21-2007, 10:45 AM
Huh. I got $400 over invoice in 03 with Costco and so did my bro-in-law. 1k over is lousy.

kyfdx
03-21-2007, 10:48 AM
... is that only applies to the Philadelphia area dealer that is hooked up with Costco...

The Costco thing is just a referral program... it is no better than the dealer that they use..

chalfont
03-21-2007, 10:59 AM
Yes I've got this one at Philadelphia area dealer ship and it been signed by Costco Zone Business Manager.
I would assume that the numbers are pretty much the same trough out the Union.

Any how it gives us idea how this stuff works.

mwtpde
06-10-2007, 10:50 PM
Has anyone investigated Costco pricing recently (May/June) in the northwest? I am interested in buying a new e92, but have not found a dealer interested in discounting the car below MSRP. I reviewed the Philadelphia area pricing ($500 off on a coupe) but I am not sure if these numbers change on a regular basis or are valid for a specific region. Anyone's updated advice/info would be greatly appreciated!

scollins1868
06-11-2007, 01:38 AM
Has anyone investigated Costco pricing recently (May/June) in the northwest? I am interested in buying a new e92, but have not found a dealer interested in discounting the car below MSRP. I reviewed the Philadelphia area pricing ($500 off on a coupe) but I am not sure if these numbers change on a regular basis or are valid for a specific region. Anyone's updated advice/info would be greatly appreciated!

I bought my E90 off the lot from BMW Bellevue via the Costco program. It came out to $1,000 under MSRP. I bought the car on 5/8/07.

Now, for those saying this isn't that great a deal, you may be right. But consider "supply & demand" and "competition." So, in the state of California, BMW USA's website lists 49 dealers. Or, one dealer for every 744,000 residents or 3,340 square miles per dealer. In the state of Washington, there are exactly 5 dealers. FIVE. Not a lot of choices there. That works out to one dealer for every 128,000 people, or 14,260 square miles per dealer in WA. So, the "density" of BMW dealers in CA is 5 times greater than WA on average. Heck, even if you add in the BMW dealers in Oregon, it only reaches 11 dealers total, but the square miles per dealer expands to 15,426. The density of dealers actually decreases when considering both WA and OR together.

So, where do you think the dealers are going to be much more aggressive on pricing, CA or WA? Obviously in CA because of much higher competition. So while a person in CA may be able to negotiate a deal at $500 over invoice, that same deal probably won't happen in WA. Possible? Yes. Probable? No.

tagheuer
06-11-2007, 06:27 AM
See previous post.

You are right, supply and demand.

Try buying in SE Michigan. There are only a couple of dealers, and guess what, the biggest ones are owned by the same guy!

Seriously, BMW dealers here won't deal at all, rarely will they knock anything off sticker.

That is why I always buy out of state. I hate the local dealers, but I guess I can't blame them for charging full rate on euro deliveries, us deliveries, etc. if they can get away with it...

krash
06-11-2007, 06:57 AM
Same here. The dealer closest to my house will NOT budge off of MSRP. He doesn't have to. He has ZERO competition. Not only that, he marks up the MF rates across the entire product line. He basically told me (in a very nice way) that if I don't buy, the next customer will.

I ended up going out of state (DE). He knocked off $1200 off of the MSRP and gave me the same exact MF rate that was listed in the Ask-A-Dealer subforum.

The other issue for me is PA taxes (when leasing). 9% is added to the base monthly payment. So, if you have a monthly payment of $500, another $45 is added on top of that. I'm not sure if that happens in other states.

MMME30W
06-11-2007, 07:22 AM
Yeah, right.

I tried the "costco only" price sheet on a popular SUV (non bimmer) here in Florida and got a price actually higher than other quotes. Plus they offered me the opportunity to purchase an "included" after market wheels that suddenly dissapeared when I refused them.

I would not recommend Costco in my area based on the experience I had. :thumbdwn:

bs1234
06-11-2007, 09:21 AM
I just (last week) bought a car on the costco deal. The deal varies from dealer to dealer. Costco tries to negotiate a deal with as many dealers they can. Remember it is a no haggle price. So if you haggle you will get a better deal.

Here are the prices i have for 3 series and 5 series in DC area. (costco did not have anything negiotiated with BMW of Fairfax although the sales manager there was eventually willing to give the same deal)

1. BMW of sterling
3 series $600 above invoice (invoice includes $180 training, $200 MACO,
$795? Delivery)
Mats were extra ($120). All extra packages and accessories at invoice.
+$300 processing fee.

5 series $1200 above invoice (Invoice same as above). Mats included with car.
All extra packages and accessories at invoice. +$300 processing fee.

2. Passport BMW
3 series $600 above invoice (will match BMW sterling costco rate even though their
negiotiated rate with costco was higher, i think $800).
Training MACO and delivery same as above. Will include mats for free.
All extra packages and accessories at invoice. +$100 processing fee.

5 series $1500 above invoice. But will probably match BMW of Sterling costco rate.
Rest is same as above. Of course mats are included with 5 series.
+$100 processing fee.

Overall we (my wife and I) found Passport much better and comfortable to deal with and ended up buying a 328i from them even though they were really far from us compared to sterling BMW. And passport ended up $200 cheaper than Sterling due to the difference in processing fees (+ free mats).

BMW of sterling were acting too pricey. We nearly bought a 528 from them but they refused to fix a scratch on the iDrive screen. On the 3 series they were to rigid on the mats pricing and other things, although i never really negotiated the three series with them because initially we were interested in the 5 series. Sterling BMW somehow looked very reluctant to sell a car. Maybe they have too many buyers already or some other reason, God knows??

Finally we got the 3 series because it fitted our budget and style better than the 5.

Thanks.

PS: Remember costco will re-negotiate the costco price as the model ages. For example when we first started looking the 2007 5 series (525, 530) was $800 above invoice but the 2008 5 (528, 535) series was $1200 even though there was a 8 week wait for the 528 since BMW had not started shipping them to BMW of sterling.

scollins1868
06-11-2007, 10:24 PM
I'm actually surprised that the margin is as thin as it is on these cars, from an "invoice to MSRP" standpoint. I know the dealers probably get bonuses and holdbacks from BMW AG for each car they sell, but on the surface, the dealer is making just under 8% margin. I have my own small business, and 8% sucks. I'd be real interested to see a balance sheet from a dealer, showing what their net profit per vehicle is, after paying fixed costs, employee costs, taxes, etc.

But that isn't our (the consumer's) problem. We just want the best deal we can get.

Briar
06-12-2007, 12:52 AM
COSCO price in SF Bay area was $500 over invoice + MACO + training for 335i
50 miles away in Monterey COSCO price was $850 over
So it is regioinal and as SCollins said most likely a function of tight competition in a densly populated market area.

andrewket
06-12-2007, 07:26 AM
I went through the Costco program and was told by Sterling BMW in Northern/DC that the 335i convertible was not included in the program. The website does say certain models may not be available due to supply/demand conditions. That was my only complaint back to Costco - list which specific models and trims are included. It would have saved the dealer's and my time.

I ended up buying from Fairfax BMW, they gave me $500 off for being a repeat customer and showed me the paperwork for three other orders from that past week at MSRP just to prove they weren't screwing me. They were able to offer me an allocation that is being built next week, whereas Sterling and Passport couldn't offer an allocation until September.

Bottom line- if you want the 335 convertible now, you're going to pay close to MSRP. If you don't mind waiting, then go the ED route or wait until demand is down.
Andrew

HPIA4v2
06-12-2007, 09:58 AM
5 series $1200 above invoice (Invoice same as above). Mats included with car.
All extra packages and accessories at invoice. +$300 processing fee.

That's like $1200+300+180+200= $1880 over invoice for 5-series.
Great deal on MY08.