Prices over invoice on 328i Convert

[mdadmd]

Trying to purchase a 328i convert from my local BMW dealer who I have purchase 2 cars from in the past. They are unwilling to negotiate on his car at this time. They would need to order the car because they do not have any on the lot, must be a popluar car right now. What is the going rate over invoice to buy this car? Any help would be appreciated.

[MikeCee]

Convertibles are scarce in the NorthEast right now. $1000-$1500 Discount off sticker would be fair IMO.

[Big Ace]

It was hard for me back in March, but I was able to get the dealer to come off sticker by $1500. I needed an automatic as I have a bad left knee and that madeit even harder to get them to deal. My brother got his 335i coupe before me me at a different dealer and I think that made a difference as they knew I could get a deal at his dealer that is 45 miles north of them. Good luck with your deal and if you get the car you will love it. :thumbup:

[SJK]

In June, none of the Houston dealers would budge off of MSRP for the vert. They'd deal all day long on the sedan and coupe, but held firm on the vert. I went in to buy a vert, but I couldn't ignore the 11k difference between MSRP on a vert that had to be ordered, and the price they gave me on a Sedan off the lot.

I feel the occasional twinge of regret, but then I remember the 11k. LOL!

[ddelruss]

My understanding is that through the Costco program you can get invoice +500 to invoice +800 depending on the model. Even convertibles. Might be worth checking out.

Damien

[headshot]

Costco plan gives about $1k below MSRP for the 328i Conv. You should be able to do better yourself, but it is a good starting point.

Just got mine delivered, ordered in June for $3k below.

[Vitacura]

My local dealer offers no more than 1k under MSRP for convertible 3 series cars. Maybe 1.5k if it has many options.

[Aaric]

mine was 1200 over invoice. You should be able to do better as I ordered in December and BMW sales have slumped since then - might be worth waiting a couple months till convertible season is over.

[The Brad]

A lot of people on this forum will tell you what to pay in relation to INVOICE. This is from Consumer Reports:
____________

"Don't assume that the sticker price is the purchase price. To get the lowest price, go in with a starting price that's based not on the sticker price but on how much the dealer paid for the vehicle. The dealer invoice price is commonly available on Web sites and in pricing guides. But the invoice price isn't necessarily what the dealer paid. There are often behind-the-scenes bonuses, such as dealer incentives and holdbacks, that give the dealer more profit margin.

You can find sales-incentive information at some auto-pricing Web sites, or in CR' New Car Price Reports or New Car Buying Kit (see below). These CR services include the CR Wholesale Price, which factors in the dealer invoice, holdback, and any incentives or rebates to give you a close approximation of the dealer's real cost. A reasonable price to start negotiations is either 4 to 8 percent over what the dealer paid or the CR Wholesale Price, depending on the demand for the model.

You can also check the quotes at auto****ing Web sites such as the ones listed below. The services are free, and you aren't under any obligation to buy. Keep in mind, however, that you can often get a lower price through effective negotiation at a dealership.
____________

I always get my hands on WHOLESALE prices, which is not the same as invoice, and start with an offer that is 3 percent over wholesale. As noted above, 4 to 8 percent is reasonable to expect. I got 3 percent, but on something in demand like a convertible, I suspect the higher end of that range is to be expected. If you have multiple dealerships in range, work one as hard as you can to the rock bottom they will give you, then go to the next one and use the numbers to your advantage. Make one beat the other. This stuff you see on this forum about "tipping" the dealership and not working the best possible price for yourself is crap.

And in a market like this, you have all the leverage if you're patient.

My 2 cents.

[SJK]

A lot of people on this forum will tell you what to pay in relation to INVOICE. This is from Consumer Reports:
____________

"Don't assume that the sticker price is the purchase price. To get the lowest price, go in with a starting price that's based not on the sticker price but on how much the dealer paid for the vehicle. The dealer invoice price is commonly available on Web sites and in pricing guides. But the invoice price isn't necessarily what the dealer paid. There are often behind-the-scenes bonuses, such as dealer incentives and holdbacks, that give the dealer more profit margin.

You can find sales-incentive information at some auto-pricing Web sites, or in CR' New Car Price Reports or New Car Buying Kit (see below). These CR services include the CR Wholesale Price, which factors in the dealer invoice, holdback, and any incentives or rebates to give you a close approximation of the dealer's real cost. A reasonable price to start negotiations is either 4 to 8 percent over what the dealer paid or the CR Wholesale Price, depending on the demand for the model.

You can also check the quotes at auto****ing Web sites such as the ones listed below. The services are free, and you aren't under any obligation to buy. Keep in mind, however, that you can often get a lower price through effective negotiation at a dealership.
____________

I always get my hands on WHOLESALE prices, which is not the same as invoice, and start with an offer that is 3 percent over wholesale. As noted above, 4 to 8 percent is reasonable to expect. I got 3 percent, but on something in demand like a convertible, I suspect the higher end of that range is to be expected. If you have multiple dealerships in range, work one as hard as you can to the rock bottom they will give you, then go to the next one and use the numbers to your advantage. Make one beat the other. This stuff you see on this forum about "tipping" the dealership and not working the best possible price for yourself is crap.

And in a market like this, you have all the leverage if you're patient.

My 2 cents.Good luck on that with the vert. That only works if there is stock they can't move. If you want a Suburban you can get a hell of a deal right now.

In my part of the country there is -0- stock on verts. It's custom order only, and the dealers will only use their production slots for verts if you are willing to pay MSRP. I know because I called every dealer in Texas and they all said the same thing.

I didn't know about the Costco option, but that might be your best bet.

[Calif65GM]

Good luck on that with the vert.

In my part of the country there is -0- stock on verts. It's custom order only, and the dealers will only use their production slots for verts if you are willing to pay MSRP. I know because I called every dealer in Texas and they all said the same thing.



+1
My dealer had exactly zero e93s on the lot a couple of weeks ago. They had three 1-series Cabs and a M6 Cab.

The problem is there are no more or just a few 08 allocations remainiwith the factory going down for vacation in 2-days.

OP: You'll most likely have to order and wait for an 09 now.

[New Motors]

Here is one for you... It has only 27 miles on it!

Model 0840 328i Cv S
Color A52 Space Gray Metallic
Upholstery LCSW Black Dakota Leather
Options ZCW Cold Weather Package
494 Heated front seats
4UT Through-loading system with cargo bag
502 Retractable headlight washers
ZPP Premium Package
319 Universal Garage Door Opener
430 Auto-dimming interior and exterior mirrors
431 Auto-dimming rearview mirror
488 Lumbar support
4NA Digital compass mirror
639 BMW Assist with Bluetooth System
205 STEPTRONIC automatic transmission
322 Comfort Access with Comfort Loading and Open
653 HD radio
6FL iPod and USB adapter

[hoopics]

It really is all about supply and demand. If there is a large supply, they'l deal. If there isn't, they won't. When I bought back in March, I checked dealer inventory via the respective dealer websites, and went to a dealer that at that moment had more than 15 'verts in stock. I got a healthy deal (about $1500 over invoice, if I recall) as a result. That same dealer now has 2 in stock. I doubt they'd make the same deal today, particularly if they know they're not getting any new deliveries until after '09 production resumes. If you want the car now, you'll have to pay what the dealer is asking. If you can afford to wait until December-February, you'll likely get a much better deal, unless BMW cuts North American allocation for 2009 given the weak dollar.

[Tim Bryant]

I ordered a 328i convert - due into port in NJ tomorrow!
I got $1500 under sticker - Bill Dodge in Westbrook Maine.

[cinoh]

Do a European Delivery purchase. You can order exactly what you want, it doesn't come out of local dealer's allocation so he has less reason to demand MSRP, and you get a (somewhat) bargain vacation to boot!

[ronkh]

Which dealership.
pm me and I may be able to tell you a work around.