Would anyone take this deal?

[samslaught]

2008 328i silver ext/ black interior

Invoice = Invoice - Option Credit ($1,210) + 1k(profit) + MACO ($400) + training($180).

Wholesale numbers
Base = 29,810
Paint = 435
ZPP = 2,960 Pre-pack
ZSP = 1,455 sport -pack
2XA = $90 leather steering wheel
205 = $1210 ---- credit ----$0 auto tranny
494 = $455 heated front seats
609 = $1,910 navigation
6FL = $365 ipod and usb
Dest = $775

Invoice = $39,465
credit = <$1,210>
MACO = $400
training = $180
Profit = $1000

Price willing to pay ----> $39,835
Value for trade in = $15,000

http://www.kbb.com/KBB/UsedCars/PricingReport.aspx?WebCategoryId=38&YearId=2006&Mileage=67000&VehicleClass=UsedCar&ManufacturerId=5&ModelId=12&PriceType=Trade-In&VehicleId=32&SelectionHistory=32%7c28829%7c95648%7c0%7c0%7c1152 %7ctrue%7c1198%7ctrue%7c1243%7cfalse%7c1267%7cfals e&Condition=Good&QuizConditions=

36 months lease 15,000 per year miles
MF = .00145
Acquistion Fee = $625

From reading this site I have a good feel for everything except what I can expect to get on a trade in. Probably just need to do more homework but I am a little worn out right now so looking for feedback.

[ZoomVT]

not a great deal, but just ok. I would look at a deal closer to 500 over cost, with a Base Money Factor. The closer you can get to that, the better the deal is.

[adrian's bmw]

not a great deal, but just ok. I would look at a deal closer to 500 over cost, with a Base Money Factor. The closer you can get to that, the better the deal is.

Different markets command different values. He's up in Sacramento, so there's really not that much competition. That being said, your suggested deal might be possible in the Bay Area, but does the OP really have the time and patience to drive 3 1/2 hours to save a few hundred bucks over invoice for a fwe dollars a month diff. Probably not.

Also, selection is critical. If this dealer has the only one like it, it doesn't matter if you can get it for $1 over invoice, if it's not the right color and options, why pay less and why pay more? Catch my drift.

[bmwKbiker]

Is the a dealer offer or your bid for a vehicle?

Note that the invoice numbers appear to be pre June (July?) price increase. I'm basing this on the listed dest. & metallic paint numbers.
While there may be some pre-increase inventory around the majority of any dealer's stock is going be post price increase vehicles.

Also is this a sedan or coupe? (I'm too lazy to go and track it down).
*: Sedan == dealer stock == easier to negotiate a good deal
*: Coupe == low dealer stock == dealership's willingness to accept a low margin sale will be proportional to in stock 08 inventory

[samslaught]

This is actually the deal I would like to get not an offer. From what I have read $1000 over invoice is a fair deal for most. I suppose I might be able to get it for a little less but at the same time maybe I want too much for my trade. Nobody has commented on that yet. The car is a sedan and the invoice pricing I am using is from this website and is effective since Sept 1st 2007. Where can I get the updated pricing

[samslaught]

any reccomendations for Bay area dealers. I live about 2 hours away and I have family up there so I wouldn't mind the drive.

[philippek]

For me that would be a deal on the new car.

The trade is tougher to say. I have a feeling it's a little optimistic. If you weren't quite so far away I would tell you start driving south. Have you tried CarMax? Feel free to PM or email if you have any questions.

[bmwKbiker]

KBB Excellent: Less than 5% of all used vehicles fall into this category.

You can't expect to get a bottom dollar deal & a top dollar trade-in value.
If dealer profit is only 1k they could easily lose that if your car sits or they end up having to wholesale it.

Why don't you see if you can't get 15k from a private party.
If you don't want to go to the trouble, then expect the dealer to make some additional (potential) profit for their trouble (& risk) of taking your trade-in.

[samslaught]

I figured as much on the trade. But I didn't know how bad dealers wanted used inventory. Sometimes cars can be worth a little over book and sometimes they are worth half of book. Personally I think it's a nice car for 15k and I doubt it is very soft at all. That being said I have no idea so I thought I would throw the numbers out here on the board.

[ZoomVT]

well one simple way to find out about the trade would be to figure out what the residual was back in 2006 for a 24 month lease. Im not saying is the same but it would give you some idea. For example, if the residual was higher (i know they were inflated) than the 15k; then maybe a dealer wouldnt mind taking it in as he could CPO the car and make a nice profit compared to the cars they get back from lease returns.
I dont know, im just throwing stuff out there. One thing is you definitely want to figure out what you want for your car and stick to it.

edit. maybe someone can help you out with a manheim report.

[tturedraider]

When I click the link you provided for the trade I get a kind of "greyed out" page and can't tell what flavor of '06 3er it is. But, the pic that comes up next to the trade value is a 330, so I'm going with that.

That may be the trade in value, but it's really low. If that's all you can expect on trade then you would be much better off selling it yourself; even taking into account the sales tax consideration of trading. Even with 67k miles you should be able to sell that car private party for at least $18k and probably more in the $20k plus range.

Personally, there is absolutely no way I would trade that car in at that price. At that trade in price no matter what kind of deal you get on the new car, the dealer will have come out way ahead.

[samslaught]

well I would like to thank everyone for their input and for this website. Armed with all my information I was actually able to get the car for $750 over invoice and get $15,000 for my car. Considering some of the service needs that the car had and that kelley blue book was about 14k I am very happy with the deal. I think the dealer will do just fine selling my trade in as well.

[bmwKbiker]

well I would like to thank everyone for their input and for this website. Armed with all my information I was actually able to get the car for $750 over invoice and get $15,000 for my car. Considering some of the service needs that the car had and that kelley blue book was about 14k I am very happy with the deal. I think the dealer will do just fine selling my trade in as well.

Who kept the Auto Option Credit?