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Ask-A-Dealer
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  #51  
Old 12-17-2012, 04:22 PM
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Travel4Surf Travel4Surf is offline
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Location: Rio de Janeiro, Brasil
 
Join Date: Aug 2012
Posts: 219
Mein Auto: Everglades 243
I wish the deal was in the 550!

Looks like I am locked in for the 73% residual on a 535 here in Miami...
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  #52  
Old 12-17-2012, 06:42 PM
agentsmith agentsmith is offline
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Location: US
 
Join Date: Jan 2010
Posts: 26
Mein Auto: 335i
Quote:
Originally Posted by Travel4Surf View Post
I wish the deal was in the 550!

Looks like I am locked in for the 73% residual on a 535 here in Miami...
What kind of numbers are you getting for the 535? Anything near invoice?
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  #53  
Old 12-29-2012, 10:59 PM
xofruitcake xofruitcake is offline
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Location: California
 
Join Date: Jul 2010
Posts: 123
Mein Auto: DSB 13 535 DSB 14 Z4 35is
Picked up a 535 today from East Bay BMW in N. Cal

I have an excellent experience picking up a Deep Sea Blue, Venetian Beige Leather, from East Bay BMW in N. Cal today with a 2 years 24Kmi lease

Premium, Tech, Cold Weather, Dynamic Handling, Rear view camera, park distance, Premium HiFi. MSRP: 65320 Invoice 60635 selling price at 60635, 7 MSDs

Drive off 4550 (MSDs) + 1290 (first month + registration + some misc mandatory fee)= 5840 (they allow max of $5000 charge on credit card).
Money factor: 0.00076 (after the MSD) ; Residual 73%
Monthly payment: 619.57 including 8.25% sales tax.

Jake Ekstrum, my CA (he is general sales manager), threw in a couple travel mugs and a set of all weather mats (The mugs and mats make my wife very happy.. The car make me very happy 8-)). The whole buying experience was very smooth, locating the right car is the hardest part.

Hunting for the right 535 is pretty difficult in N. California now if one wants light color interior (Oyster, Cinnamon Brown, or Venetian Beige) with reasonably equipment. Most of the remaining stock unit has black interior. Some dealers are willing to do aggressive deal but have no 24 months special lease left. Other dealers who has those 24 months special lease available but not wiling to discount much. It took Jake a couple day (we start the process on the 27th) to locate the deep sea Blue 535 for us. Initially we found a car in Concord BMW that fit my need but we were on hold for a day because they had a deal pending on that car. This morning, it took Jake 2 hours to get agreement for the Deep sea Blue 535 from Weatherford BMW and a couple hours to do the physical swapping.

Given how late it is in the game (only 3 more days to go?). Looks like the best strategy is to find a dealer who still has those 24 months special lease available, negotiate the price (invoice + xx), And then try to locate the right car in other dealers inventory and do the swapping. Going from dealer to dealer to try to find the right car and the right deal is going to be very difficult.

Last edited by xofruitcake; 12-30-2012 at 05:50 AM.
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  #54  
Old 12-30-2012, 05:58 AM
JimmyX5 JimmyX5 is offline
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Location: Los Angeles, CA
 
Join Date: Jun 2005
Posts: 149
Mein Auto: '07 M6 'Vert
I picked up my BMW 535i under this same program last week.

Sticker Price was $65195.00
Invoice was $60445.00
Selling price was $59145.00

-$2000 Holiday Cash
-$750 Loyalty
-$500 BMW Test Drive App

All said and done, i did a 24 month lease at 10k miles, zero down, for $596 including CA Sales Tax.

There weren't very many dealers left that had the 24 month lease vouchers, and those that did weren't eager to discount their cars much either.

I had a dealer quote me $2k below invoice on a 36/39 month, but said they wanted invoice to do the 24 month lease "special". In the end, i was happy with the deal I got from another dealer.
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