Yeah, my salesman was able to take it off the sticker BEFORE TTL. Main rule is, if a dealer is giving you a hassle, move on to the next one. Also, check out the east coast forum sponsors, many of them will give you a great deal.
I just called the dealership and they confirmed it will be taken off of the top. I was afraid it might be some rebate in the mail from BMW after the fact which would mean I would be paying 6% Maryland sales tax on the $4,500.
I just called the dealership and they confirmed it will be taken off of the top. I was afraid it might be some rebate in the mail from BMW after the fact which would mean I would be paying 6% Maryland sales tax on the $4,500.
No idea when it ends but I know it come right off the price of the car whether you buy or lease. If you lease, you do not get the $900.00 tax CREDIT that the clean burning diesel engine qualifies for.
Eco-credit ends April 30. You should know that you do NOT have to finance through BMWFS to qualify for the credit. I think credit unions are less than 4.9% right now, but take the financing contract and you can opt out if you find a lower rate when the car is finally built. Most banks/CU's cannot give you a future loan since there isn't even a VIN yet.
I think credit unions are less than 4.9% right now, but take the financing contract and you can opt out if you find a lower rate when the car is finally built. Most banks/CU's cannot give you a future loan since there isn't even a VIN yet.
I am another person who would not have bought this car had it not been for the eco credit and I did not finance through BMWFS since got a lower rate elsewhere. Now days I really wish the credit would come to an end though, because it most certainly can't be helping the resale value of these cars.
Received $4,500 credit on my lease. An interesting note, there were no 335d's being shown at the New York Auto show's BMW area. I asked BMW why and the answer was "I have no idea". Wonder how many they have sold so far?
JSpira do you know for a fact that the credit will be extended? What's the extended expiration date? I believe I heard it mentioned somewhere it would be extended through June..
It was my understanding that if you put in the order with a down payment before the eco credit expiration, you qualify anyway, even though you take delivery 3 months later ?
I think as long as the 'deal' officially closes before expiration, it's fine. If you write up a contract on the car, put down money and agree to pick up the car 5 months later, I don't see why it wouldn't work. When ordering the car now, you negotiate a price that includes the credit.
If you write the contract on Saturday, that's another question, since it's past 4/30.
But again, I've heard from various corners that the credit will be extended at least through June. But we won't know for sure until Saturday. I believe the Spring sales drive also officially ends tomorrow. But at least in my area there are still plenty of 2010 335's (d/i) left.
Two independent dealers explained the ECO credit to me.
They both said that the ECO credit would be held for 60 days in the Midwest and 90 days on the west coast after expiration. They indicated the ECO credit was "regional" as far as how long it is good after expiration.
So, if you purchase a vehicle while ECO credit is in play (supposedly through June), and you are in the Midwest, the ECO credit would be good through September.
I have seen two X5s, one bring test driven and the other pulling out of the parking garage at work. I have seen two 335d cars, one just once and the other 3-4 times both heading into town from the area I live in.
0.9% Annual Percentage Rate Offer.
Qualified customers only. Available at participating BMW centers through BMW Financial Services NA, LLC. Applies only to specific models and only for specific model years. 0.9% APR available up to 24 months through 6/30/2010. $42.06 per $1,000. Subject to credit approval. See participating BMW center for details and vehicle availability.
I truly believe you can still negotiate a similar deal using truecar.com pricing and other tools. The credit was there to make negotiation easier, but not needed to get a great price. I am yet to pay more than $500 over invoice for any car I have ever purchased and believe me some of them you could not get below MSRP due to availability.
If you are a motivated buyer you can still get 335D for the same or very very close to the price most of us paid with or without the eco credit.
I very much doubt it. You could get around $8k under MSRP with the credit (this was on car with an MSRP of $54k).
As for the people that are worried about resale with the credit available, first of all, you got the credit when you bought the car. So if you're complaining you're basically saying you want to pocket the $4500. Second, the credit is instituted to sell more diesel cars in the US. It basically offsets the extra cost of the diesel engine. When I first started looking at the 335d, diesel was priced lower than regular gas. Now it's more expensive than premium. I don't think the 335d is that much of a fuel saver to convince people to pony up the extra cash, especially given that we are sort of guinea pigs for these cars (they _are_ different from the European models) and given that diesel is not (yet) available at all pumps.
This is just my 2 cents. I haven't talked to the dealer yet, so I don't know what the current offerings are. Perhaps they have some flexibility in draining out 2010 models with the credit, we'll see...
I made it before the deadline and closed the deal yesterday on a 2011 335d with a planned EuroDelivery. I thought my SA had his facts wrong on the 2011 vs 2010, but I got the discount.
It was about what I think the cars are worth v. what I can afford. I do not feel the base cars are worth $45k which is the base price when I got one. At roughly $40k I do feel they are worth that and I have seen a lot of people on here that feel they are worth getting with that type of discount but not without it and I doubt it was all based on what they could afford.
As far as interior/exterior colors I have owned many cars that were selections I never wanted and learned to live with so I did not feel that was an issue at the time. Now the issue that I never considered was that the beige vinyl interior in my car would have such a bleeding problem with clothes. Did not consider it since have had three cars in the past with beige/tan interiors and never faced that issue with them. As far as options, I only wanted iPhone/iPod integration and I had two choices as far as cars, the other that was out of state was roughly $8k more due to the other options on it that I did not care one way or the other about. Another case of what do I think something is worth to me and that integration was just not worth it to me, I was willing to pay $2-2.5k to get that integration on all the cars I looked at.
I am just jaded since in the first six months I owned this car, it was in the shop or parked in my garage waiting to go to the shop for roughly 3 months of that time. My buyers remorse comes from getting something where the dealerships that are within 30 miles of me are just horrible to deal with based upon experience with numerous lies and poor quality of work. So yeah I like the fact that a never ending discount seems to finally come to an end and maybe will help the resale value of current used cars. It had to end at some point and they most certainly gave it more than a fair amount of time with all the extensions. And I most definitely am far from this "Good BMW owner thinking: I got mine; screw everybody else." which is what triggered my reply that you quoted. I am along the lines of "I got mine, I don't like it any more and want to sell it for the least amount of loss as possible". I bet most people when selling a car want to try to keep the loss as minimal as possible.
I am blaming myself for buying this thing, but since that is the wrong person then who should I blame?
It was about what I think the cars are worth v. what I can afford. I do not feel the base cars are worth $45k which is the base price when I got one. At roughly $40k I do feel they are worth that and I have seen a lot of people on here that feel they are worth getting with that type of discount but not without it and I doubt it was all based on what they could afford.
This is an excellent point. What you consider the cars true value is critical to how you buy. I accept that BMW is overpriced to a point, they do over a better warranty but not $5K worth. Part of the BMW "experience" is how the car drives and even my wife loves them. So to get this I have pay for it to a point.
I have ruled out another 6 series, even though I love the car it is not worth the $$$. I am leaning toward a 535 not a 550 because I realize that I need to have an auto with better mileage. As a result I am now serious considering a 335d(just wish it had venitlated seats...is this worthwhile getting a 535..I dont know yet)
I am just jaded since in the first six months I owned this car, it was in the shop or parked in my garage waiting to go to the shop for roughly 3 months of that time. My buyers remorse comes from getting something where the dealerships that are within 30 miles of me are just horrible to deal with based upon experience with numerous lies and poor quality of work. So yeah I like the fact that a never ending discount seems to finally come to an end and maybe will help the resale value of current used cars. It had to end at some point and they most certainly gave it more than a fair amount of time with all the extensions. And I most definitely am far from this "Good BMW owner thinking: I got mine; screw everybody else." which is what triggered my reply that you quoted. I am along the lines of "I got mine, I don't like it any more and want to sell it for the least amount of loss as possible". I bet most people when selling a car want to try to keep the loss as minimal as possible.
This is a real big issue and will affect anyone's concern over the purchase. CS is so important and is becoming a lost art. Consumers are not making retailers understand how important this really is since we keep buying the crap. I fall into this category as well.
BMW dealers are often IMHO the most arrogant guys and finding a good one is so hard. I think my dealership is ok, not great. THe 530i I bought I got the feeling they were doing me a favor. On my 6 lease, they wanted to keep me as a customer so they were happy to match a deal.
If my car was a poor sample like yours this would be a huge issue and I would feel the same. When I read your comment above, it seemed you bought rushed to get the eco credit only. So I misunderstood and I am sorry.
Can you lemon your car? I have never heard of a vinyl color bleeding on everything, that seems like a defect. is it?
Snipe - I totally understand your frustration. But would the end of the eco-credit significantly help support resale values? I'm not so sure. I am no expert in the economics of used cars but he way I see it, the large up-front discount was BMW eating a big part of the first year depreciation in order to get higher initial adoption. It seems that without the eco credit (or a similar reduction in price/generous financing or leasing incentives, etc.), the 335d's just don't seem to sell in significant numbers. I'm not sure why this would be any different in the used car market. Unless gas prices shoot up to $4/gallon, I don't see transaction prices for used d's changing much with or without the initial credit.
I have experienced a similar problem with indigo from my dark blue jeans bleeding on to the beige leatherette. I have found the 303 vinyl cleaner works very well to remove the stains.
By the way, what would you replace it with? The new E Class diesel?
Snipe - I totally understand your frustration. But would the end of the eco-credit significantly help support resale values? I'm not so sure. I am no expert in the economics of used cars but he way I see it, the large up-front discount was BMW eating a big part of the first year depreciation in order to get higher initial adoption. It seems that without the eco credit (or a similar reduction in price/generous financing or leasing incentives, etc.), the 335d's just don't seem to sell in significant numbers. I'm not sure why this would be any different in the used car market. Unless gas prices shoot up to $4/gallon, I don't see transaction prices for used d's changing much with or without the initial credit.
I have experienced a similar problem with indigo from my dark blue jeans bleeding on to the beige leatherette. I have found the 303 vinyl cleaner works very well to remove the stains.
By the way, what would you replace it with? The new E Class diesel?
Probably the new E class diesel, I'd have to actually look into the E class in gereral though. I don't know anything about the latest revision of it beyond it is a redesign all done post Chrysler involvement in the company and that they look like big cars from the outside at least. A bigger car really has it's appeal to me regardless of any past negative experiences I have had with the current car. Whenever they come stateside I will go look at one and if I like them in person and after reading up on them then I might try to trade this car in on one or sell it to get one.
Yes, that is the type of issue I have had with my interior although it does not take dark blue jeans to do it but it is of the more extreme examples. The 303 works well, I found a Meguiars product that has worked even better for me. I commute with three other people in the car so the bleeding issue happens quite routinely. It was very frustrating at first because had trouble finding cleaners that worked. It is more of just an annoying thought at this point now that I found that Meguiars.
You might very well be right about resale, I did try to say I was hopeful or dreaming it might be the case. My experience in selling used cars has always been people tend to compare what you have for sale to whatever the base model costs new. By base though I mean they might compare it to a 328i simply because they both have 3 in the name.
The thing with my experience is that it is not the car so I could not do a lemon law. The car itself is fine, the problem has been the dealers. Roughly two months of my down time was because of a dealer installing a sensor incorrectly then saying I still have an SES light because BMW is redesigning those sensors. Half of that downtime was me leaving the car parked at home while I went back and forth with BMW NA in trying to validate the story, which never could validate. The other half was how long it took to get said sensor and install it incorrectly. I always try to point out that it is not the car that is my issue but it is the dealers. I have since discovered how the dealers here in town do not work with one another at all. It is different to me because with other makes I have dealt with if one dealer has a part that another needs, they work with each other even though they are owned by different people. I even had a service manager at one of the BMW dealers point this out to me and explain some of it. It seemed strange to him and he'd been working for BMW dealers for many years just recently moved here.
Now one thing to consider though is how experienced are dealers with these things and do you want to be part of their learning experience. Guess I just don't like being part of that and I should have considered when buying this that BMW mechanics can't have a ton of diesel experience. They can be the best mechanics in the world but still going to take time for them to learn something so different.
Funny you mention the 5-series, that is the size car I wanted to get when I got this but I also wanted to stick with diesel sedans. I am not sure if I'd gotten one though if they were available at the time. I'd definitely had to sit down and compare with the Mercedes E class and would have been a tough debate since would have meant the last design of the E class. BMW cars do drive nice though as you point out. A good friend of mine is slowly researching cars for his wife and used to have a BMW coupe a number of years ago. He actually had BMW on his list of choices until he wittnessed my dealership issues and now has dismissed them completely. Now it does not help that the only dealer really accessible to him is the very one that I had the worst experiences with.
I'm glad I ordered in time and locked in the eco-credit fpr my 24 June ED. I am suprized they ended it - I had assumed that it would either be extended or reduced. I wonder how ending it will affect sales.
Now I have to ask my dealer if I can get the 0.9% AND the eco credit.....But I doubt it!
Last time it showed up after 2 days. So there is still some hope who are considering 335d/x5d only because of Eco Credit. I feel better strategy would be to reduce credit gradually.
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Related Threads
?
?
?
?
?
BimmerFest BMW Forum
11.4M posts
753.1K members
Since 2001
A forum community dedicated to BMW owners and enthusiasts. Come join the discussion about Bimmerfest events, production numbers, programming, performance, modifications, classifieds, troubleshooting, maintenance, and more! Bringing the BMW community together.