Is any one getting 08 M3 cp or conv. at invoice

[racedoc11]

Hello

I'm shopping for 08 M3 cp or convert. with DCT and I was wondering how much should I offer the dealer?
does the invoice sound reasonable or I can do better?
thanks

[mkIRM3Vert]

I got mine for about $900 over invoice last week. I may have been able to do better but I found the car I wanted at a dealership very near me.

Of course the longer they stay on the lots, the more desperate the dealerships get, and the bigger discount you might be able to get.

[racedoc11]

thanks...did you get it at the invoice price according to kbb or edmounds ...the invoice price the dealer wanted me to buy it at is about 1400 more than the one on kbbI got mine for about $900 over invoice last week. I may have been able to do better but I found the car I wanted at a dealership very near me.

Of course the longer they stay on the lots, the more desperate the dealerships get, and the bigger discount you might be able to get.

[mkIRM3Vert]

thanks...did you get it at the invoice price according to kbb or edmounds ...the invoice price the dealer wanted me to buy it at is about 1400 more than the one on kbb

I used the invoice price at edmunds.

$1400 over invoice is still not a bad deal at all. You might be able to do better though, if you hunt around. However, note that you'll most likely be charged a shipping fee also for a car that is far away.

[racedoc11]

thanks a lot....

[AZ-BMW]

I used the invoice price at edmunds.

$1400 over invoice is still not a bad deal at all. You might be able to do better though, if you hunt around. However, note that you'll most likely be charged a shipping fee also for a car that is far away.

Caution: Dealer Invoice also includes the MACO and Training Fee and possibly the Dealer Prep and of course Dealer Doc fees, which are obviously not listed on KBB or Edmunds :(

[racedoc11]

you are right!! they got back to me saying the invoice is 72695(including the MACO Training and the prep) ...on kbb it is 72065 so there is about 630 extra... they want 500 over the invoice ...is it a fair deal?
Caution: Dealer Invoice also includes the MACO and Training Fee and possibly the Dealer Prep and of course Dealer Doc fees, which are obviously not listed on KBB or Edmunds :(

[manonfire]

Whats up all. Looks like I may be picking up an M3 this saturday. Here is what the numbers look like. Any thoughts.


New 2008 BMW 3-SERIES * 2dr Cpe M3

State: NJ County: STATE INCLUSIVE
Lease Term: 36
Total Payment: 1,056.97
Out of Pocket: 3,000.00
MSRP: 69,745.00
Residual: 38,359.75
Mileage: 10,000


Customer Name: lou WD Deal ID: 3746
DEALER DISCLOSURE
Automobile: New 2008 BMW 3-SERIES * 2dr Cpe M3 w/AC , Automatic , Odom: 0
Vehicle Cost: 65,300.00 MSRP: 69,745.00 Term: 36
State: New Jersey County: STATE INCLUSIVE City: Lease Type: Monthly
Lender: BMW Elite, 10,000, Acq: UPF, Sec: 0,Sales Support,Eastern Region

Money Due at Inception

1st Month Payment 1,056.97
Security Deposits 0.00
Acquisition Fee 625.00
Fees & Insurance 465.30
Upfront Taxes 360.72
Cap Reduction (Cash) 492.01
Total Out of Pocket 3,000.00
Gross Trade 0.00
Owed Trade 0.00
Customer Rebate 0.00
Last Payment 0.00
Total Initial Charges 3,000.00
Payment Information

Final Payment 1,056.97
Profit

Markup 0.00
Option Profit 0.00
Acquisition Fee Profit 0.00
Trade Profit 0.00
Tax Credit Profit 0.00
Tax Credit Fee 0.00
Back End (70.00%) 0.00
Total Profit 0.00
Rate Information

Retention Rate 0.00240
Reserve Rate 0.00000
Disclosed Rate 0.00240
Residual Information

MSRP 69,745.00
Low MSRP 0.00
MRM 0.00
Con Van Residual 0.00
Residual (Base) 52.00
Residual (Bump) % 3.00
Residual (Bump) $ 0.00
Additional Miles Adj. (0.00)
Odometer Over Adj. (0.00)
Total Residual 38,359.75
Dealer Options 0.00
Factory Options 0.00
Purchase Option 38,359.75
Capitalized Cost Breakdown

Vehicle Cost 65,300.00
Markup 0.00
Option Price 0.00

Total Selling Price 65,300.00
Acquisition Fee 0.00
Fees & Insurance 0.00
- Cap Reduction (Cash) 492.01
- Trade In 0.00
- Customer Rebate 0.00
Total Capital Reduction -492.01
Capital Cost 64,807.99
Capped Taxes 2,475.34
Total Capital Cost: 67,283.33
Tax Breakdown

Type Amt Rate Paid
Cashdown Tax 92.02 7.0000 Upfront
Supplemental Titling Fee 261.20 0.4000 Upfront
Tire Tax 7.50 N/A Upfront
Upfront Tax 2,475.34 7.0000 Capped
Mileage Information

Allowed Miles Per Year 10,000
Mileage Program 10,000
Add. Purchased Miles per Yr 0.00
Additional Miles Chrg 0.00
Total Mileage Chrg 0.00
Total Mileage Allowed 30,000
Excess Mileage Chrg 0.20
Odometer 0
Trade Information

Total Gross Trade 0.00
Total Owed Trade 0.00
Total Equity 0.00
Total ACV Trade 0.00
Maximum Advance Information

Max Advance $ 72,220.34
Max Advance % 100.00
Miscellaneous Information

Tax Credit Amount 0.00
Max. Reserve Rate 0.00040
Fee Breakdown

Registration 259.50
Other 8.30
Doc Fee 197.50


** signifies that value was entered by user.

[mkIRM3Vert]

manonfire, personally I think its insane to lease the car right now when you can buy it at 0.9%.

[kevjandon]

The lease rate needs to be around $750 a month to out weigh the benifit of the 1.9% financing offered on the coupes. .9% financing is being offered on the sedans which is even better.

With your 3% down your payment will be $100 more a month, but at 3 years you will only owe around $15,000 on the auto loan have a car worth at least 30*.

No wonder our financial world is all fu## up.:mad:

Tell your dealer, NO DEAL.

He'll get the rates right. M3's are not moving off lots. I'm in Vegas and there must be 10 to 15 M3 coupes and sedans just sitting there.

One has used, certified coupe with 5* miles on it for $58*. It had a stic*er of 69*. They just aren't moving.

[3series101]

The lease rate needs to be around $750 a month to out weigh the benifit of the 1.9% financing offered on the coupes. .9% financing is being offered on the sedans which is even better.

With your 3% down your payment will be $100 more a month, but at 3 years you will only owe around $15,000 on the auto loan have a car worth at least 30*.

No wonder our financial world is all fu## up.:mad:

Tell your dealer, NO DEAL.

He'll get the rates right. M3's are not moving off lots. I'm in Vegas and there must be 10 to 15 M3 coupes and sedans just sitting there.

One has used, certified coupe with 5* miles on it for $58*. It had a stic*er of 69*. They just aren't moving.

What dealer is this:dunno: if the right color and specs, i'll take it...:D

[kevjandon]

It was at Desert BMW of Henderson, NV. I just checked their website and it is gone. It was black with all options but sunroof and SMG.