Yes you are correct. The positive terminal under the hood and the large bolt just to the right of it is used for the negative.
You can see them both in the top right of this picture:
And you can see my charger connected to the positive terminal in this shot - ignore the captions, they are from a DIY for something else:
Straight lines are for fast cars...turns are for fast drivers
'04 M3 - track
'06 650i Cab - daily driver
'02 Highlander - kid hauler
'01 330Ci - winter beater
Last edited by Yorgi; 05-31-2012 at 07:29 PM.