jinfactor
08-13-2008, 05:59 PM
I been reading up on these boards for the past few months now, since I've been wanting to buy the new 1 series. But no matter how much I read up on, the whole "buying a new car" process can be some what overwhelming. Especially since this is my first new car. I'm hoping that you guys will be able to give me peace of mind.
So here's the deal that I've come across recently. I know that the model year is coming to a close for the '08s and I've been told that if I wanted to order a 128, it would have to be an '09 (pricing not out yet, possible price increase?). But one of the dealers I spoke with mentioned to me that there was a "modifiable production slot" still available so that I can get the options I wanted. So the plan is to get a 128 coupe with the following options:
Alpine White ($0)
6 speed manual transmission ($0)
Sports Package ($1,300)
High Gloss Black Trim ($0)
Coral Red Leather Seats ($1,450)
Heated Front Seats ($500)
Not exactly decked out, but those were the only options I really wanted. So according to Edmunds, the MSRP is $32,675 (base model $28,600 + options above + $825 destination fee). Invoice price is listed at $30,095. The deal that we agreed on was $31,000 + tax/title/registation/fees. $905 over invoice for a custom ordered 128 coupe. An added bonus, he said that he would throw in floor mats as part of the deal. :-P
I feel that I'm getting a good deal here, but the tax/title/registation/fees portion worries me a bit since I don't know how much I should be paying. I'm assuming that tax refers to sales tax (6% here in CT), but I don't know how much the title/registration will be, nor do I know what fees the dealer will charge me. And I've read about the MACO and Training fees, with the MACO ranging from $300-$500 depending on location and the Training fee being $185. But what other fees can they possible charge me with?
Sorry for the lengthy post, but there was a lot going through my mind and I wanted to get it all out there. Especially since this will be my first major purchase.
So here's the deal that I've come across recently. I know that the model year is coming to a close for the '08s and I've been told that if I wanted to order a 128, it would have to be an '09 (pricing not out yet, possible price increase?). But one of the dealers I spoke with mentioned to me that there was a "modifiable production slot" still available so that I can get the options I wanted. So the plan is to get a 128 coupe with the following options:
Alpine White ($0)
6 speed manual transmission ($0)
Sports Package ($1,300)
High Gloss Black Trim ($0)
Coral Red Leather Seats ($1,450)
Heated Front Seats ($500)
Not exactly decked out, but those were the only options I really wanted. So according to Edmunds, the MSRP is $32,675 (base model $28,600 + options above + $825 destination fee). Invoice price is listed at $30,095. The deal that we agreed on was $31,000 + tax/title/registation/fees. $905 over invoice for a custom ordered 128 coupe. An added bonus, he said that he would throw in floor mats as part of the deal. :-P
I feel that I'm getting a good deal here, but the tax/title/registation/fees portion worries me a bit since I don't know how much I should be paying. I'm assuming that tax refers to sales tax (6% here in CT), but I don't know how much the title/registration will be, nor do I know what fees the dealer will charge me. And I've read about the MACO and Training fees, with the MACO ranging from $300-$500 depending on location and the Training fee being $185. But what other fees can they possible charge me with?
Sorry for the lengthy post, but there was a lot going through my mind and I wanted to get it all out there. Especially since this will be my first major purchase.