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  #101  
Old 01-03-2012, 09:03 AM
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Jon Shafer Jon Shafer is offline
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Quote:
Originally Posted by Alpine300ZHP View Post
That would be nice, but it cannot happen. BMW would go bankrupt doing 85% residuals on a high volume car like the F30.
Well, the buyout was nothing more than sheer luck. It was back in March 2001 when BMW first implemented the "Full-Circle Purchase Program", which for the first time ever utilized real Manheim Auction data as a means of establishing "Fair Market Value". Perfect timing because my lease matured in March of 2001. At that time, the mean (average) value was calculated off of a "n" number of exactly one 328Ci (328Cis were very rare in 2000), and the one car that was run through Manheim was what we in the vernacular of car business call a "strippy". Mine was loaded. I'm sure the other one was probably beat up too to have sold at auction for so cheap. I was the sole beneficiary of a once-in-a-lifetime opportunity...

By August of 2003 I was so fried from 17 years in the car business and 5 years of managing our Internet business (on top of my normal duties as General Sales Manager of Cutter BMW and running Bimmerfest.com) that I decided to go back to grad school and finish my Master's degree in Clinical Psychology. In one year alone (1999) I personally responded to over 13,000 emails from BMW buyers from all over the USA. That's what ruined my lumbar vertebrae, all of the thousands of hours hunched over the computer. I wanted out of the BMW world altogether at the time, hence the Tundra. Within a week I realized I made a tragic mistake, but kept the Tundra until April 2005, following the 6th annual Bimmerfest event.

Here's a nostalgic trip down memory lane: http://bimmerfest.com/forums/showthread.php?t=96037
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  #102  
Old 01-03-2012, 09:32 AM
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Andrew*Debbie Andrew*Debbie is offline
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Quote:
Originally Posted by Jon Shafer View Post

One questions I ask a new customer is when assessing their needs is, "Do you remember what kind of deal you got, or what
you paid for the last car?"


Most respondents cannot; that's how they end up with me.


I do agree that exceptional experience are memorable.



That is one of the main reasons we decided NOT to buy a new car when the MINI comes off lease.


I can't find anyone here in the UK that will give us the kind of experience we'd become accustomed to.

Dealers here all talk payment. None of them want to go into the details. Residual calculations are kept secret. I can't even decide if an option is worth it without going into a store for a long sit down.


UK invoice prices are a mystery. Forget about finding a dealer that will talk invoice +£xxx.
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  #103  
Old 01-03-2012, 09:36 AM
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pistolpuma pistolpuma is offline
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Aren't you going to have the same problem buying used thru a dealer? If you buy private, then you'll have to deal with other problems.
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  #104  
Old 01-03-2012, 09:40 AM
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Andrew*Debbie Andrew*Debbie is offline
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Quote:
Originally Posted by pistolpuma View Post
Aren't you going to have the same problem buying used thru a dealer? If you buy private, then you'll have to deal with other problems.

When we turn the MINI in we aren't going to replace it.

Last edited by Andrew*Debbie; 01-03-2012 at 09:41 AM.
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  #105  
Old 01-03-2012, 10:24 AM
chrischeung chrischeung is offline
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Quote:
Originally Posted by Andrew*Debbie View Post
That is one of the main reasons we decided NOT to buy a new car when the MINI comes off lease.
How do you buy anything else without knowing the invoice price? Houses, insurance, food, etc.? Knowing the invoice price for cars is unique to the USA, to my knowledge, the laws of supply and demand will still work. It just requires a little more work with research and negotiation.

Wouldn't you just ask your friends in the UK how they go about buying a car without knowing invoice, then adapt your own approach? It seems a little extreme to forego a new car simply because you don't know invoice pricing. Drawing on my English Agatha Christie, it's like not eating because the cook is having her day off.
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3/12 ED 7 - thread ID 610350
1/11 ED 6 - thread ID 5767556&postcount=175
4/10 ED 5 - thread ID 453501
5/08 ED 4 - thread ID 290679
3/07 ED 3 - thread ID 201013
3/06 ED 2 - thread ID 136454

Last edited by chrischeung; 01-03-2012 at 11:17 AM.
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  #106  
Old 01-03-2012, 11:02 AM
dtc100 dtc100 is offline
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That was one exceptional deal Jon.

Now if you can help me formulate a similar lease buyout deal from you, I will drive down and buy or lease our second new BMW from you.
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  #107  
Old 01-03-2012, 11:47 AM
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pistolpuma pistolpuma is offline
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Quote:
Originally Posted by chrischeung View Post
Drawing on my English Agatha Christie, it's like not eating because the cook is having her day off.
So, who gives their cook the day off? I just tinkle my bell, and breakfast arrives. (Don't tell my wife I said this.)

Last edited by pistolpuma; 01-03-2012 at 11:48 AM.
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  #108  
Old 01-03-2012, 01:36 PM
PotBMWer PotBMWer is offline
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Here is my deal:

Placed an order for 528i xdrive for lease today. Gave 3 days for Feb pickup. Hopefully I will get a slot on one of those days. Otherwise asked the dealer to take whatever day's they have available in Feb?.

The MF was 0.00175, 36 months/10K miles Yr. US MSRP: $58K+. $599/month.

Space Grey Metallic
Black Dakota Leather
Cold Weather+Technology+Premium+Rear Shades

Incentives --> Nav (1730)+MTD (1000).
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  #109  
Old 01-03-2012, 01:42 PM
Stewdywart Stewdywart is offline
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So here's the deal I've been offered...

I've been offered the following deal on a 2011 335d:

Jet Black/Oyster
Premium
Sport
Heated front seats
Satellite Radio
iPod
Sport Steering Wheel
Destination

MSRP: $51,175
Edmunds Invoice: $47,090

Rebates/Credits:
Eco: $3,500
Bonus Cash: $1,500
Loyalty: $1,000
Total Credits: $6000

Dealer Doc Fee: $499
SC Sales Tax: $300 (flat sales tax)
NC Inspection: $13 (car is being sold out of NC)
License: $50

With Tax, Doc Fee and everything else he's quoting me $43,250 out the door. This is EXCLUDING the tire and wheel package I'd like to purchase since the car has the sport package and low profile tires. I also agreed to finance through them to give them the small fee that they receive from the finance company (not sure what that amounts to but I guess it's something). He told me that his invoice is actually $47,590 because of sales expenses/MACO. There are also several other costs he listed: cleaning, window tint (that I don't really want but that they apparently put on every car they sell), and a $125 kit they include with the car. I initially offered $10,000 under MSRP which basically amounted to the Edmunds invoice pricing. He said he couldn't do that because of all of his extra costs. At his quoted price OTD of $43,250 when taking the sales tax, inspection and license that still leaves a little over $1750 going to the dealer above the Edmunds invoice. I understand that the MACO $500 may be something he can't do anything about, but with my figures this still leaves $1,200. He says he still needs to sell 5 cars today to make his qouta. Seems like he's built in a little extra profit here in the form of the $1,200. Am I being unreasonable with the $10k off sticker offer? For reference purposes, he has about 17 of these 335d's left on his lot.
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  #110  
Old 01-03-2012, 01:51 PM
PotBMWer PotBMWer is offline
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Compare it with other car buying service programs like AMEX (http://amexnetwork.zag.com/new-car.html). Will give you a good idea.
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  #111  
Old 01-03-2012, 01:55 PM
Stewdywart Stewdywart is offline
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Quote:
Originally Posted by PotBMWer View Post
Compare it with other car buying service programs like AMEX (http://amexnetwork.zag.com/new-car.html). Will give you a good idea.
I have the same service with USAA but the "guaranteed pricing" hasn't come up for the 3 series for the past few days. It says to submit a request and contact your preferred dealer for your best price. Seems to be right back at the negotiation stage to me.
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  #112  
Old 01-03-2012, 02:12 PM
PotBMWer PotBMWer is offline
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I tried Autotrader.com recently and dealers respond to that very quickly. Got a 61K offer on 2012 550i (70K MSRP) from there with less than 500 miles on it with room to negotiate . Yesterday some dealer from PA reached out to me offering $43920 on a MSRP 52K 2011 335d (Nav+Cold+Premium+Black Leather).
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  #113  
Old 01-04-2012, 12:51 AM
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Andrew*Debbie Andrew*Debbie is offline
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Quote:
Originally Posted by chrischeung View Post
It just requires a little more work with research and negotiation.
It is a LOT more work. This is going to be a long answer, sorry.

We decided to try and get a new F20. For the end of 2011, BMW UK were offering a 3.9% 4-year lease with a decent residual and some trunk money.

I live in a rural area. Dealers here don't discount on price or finance markup. They've decided the local market is willing to pay MSRP - manufacture incentive.

When we bought our MINI, I had an MSRP handshake deal with the local MINI/BMW franchise. We agreed to a deposit, payments and residual. Car at MSRP, finance at advertised MINI supported rate. This was in 2008 when all the manufacturers were neck deep in unsold cars. Dealer ordered up an unsold new car from MINI.

A week later, dealer phoned me up and said he had to add £300 for paint protection. I pushed back, he said manager insisted and besides it was already on the car. When we went into dealer to pick up car, finance guy came out and said they had improved the deal. Deposit is up. Interest rate is up. And the payments are up. Dealer also added a tank of fuel at above market price. This improved deal was going to cost us about £2000 so we walked. Literally. We didn't have a car. Of course they phoned back agreeing to the handshake deal, but it was too late. We got our MINI out of area at a price better then my initial local MSRP deal.

We won't buy a BMW from the local dealer. Next closest BMW dealer is 60 miles away, but under same ownership. They are willing to negotiate in person but not over phone. I don't trust them to stick to the price. That leaves Manchester and Liverpool both about 2 hour drives from here.

Liverpool is willing to discount but won't negotiate by email or over the phone.



Another factor is the strong anti-immigrant movement in the UK. It isn't aimed at us specifically, but the policies do affect us. Government ministers are floating the idea of limiting all non-EU work permit holders to a single 5-year stay. If this happens, and it might, we'd be stuck making car payments on a car we aren't around to enjoy.


We were on the way to Liverpool when we decided we didn't want the car badly enough. If we could have gotten the car at a no haggle Invoice +£xxx - the trunk money and split the finance markup with the dealer, that would have tipped the balance.





Quote:
Wouldn't you just ask your friends in the UK how they go about buying a car without knowing invoice, then adapt your own approach?
Our local friends all drive inexpensive used cars.

We joined the BMW Car Club of Great Britain and Ireland. We will see if it helps.

Last edited by Andrew*Debbie; 01-04-2012 at 02:58 AM.
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  #114  
Old 01-09-2012, 09:05 PM
RGBiMMER RGBiMMER is offline
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2011 335i Sedan, 18 miles, M package, premium package, navigation, dakota leather seats.....52,075 MSRP. Payed $43,995 plus tax. The negotiation was a pain every step of the way.
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  #115  
Old 01-09-2012, 09:06 PM
dougienj dougienj is offline
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Originally Posted by RGBiMMER View Post
2011 335i Sedan, 18 miles, M package, premium package, navigation, dakota leather seats.....52,075 MSRP. Payed $43,995 plus tax. The negotiation was a pain every step of the way.
What dealer? I paid $48.1K for the exact same car.
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  #116  
Old 01-09-2012, 09:19 PM
RGBiMMER RGBiMMER is offline
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South Bay BMW in CA.
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  #117  
Old 01-09-2012, 10:23 PM
dtc100 dtc100 is offline
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Quote:
Originally Posted by RGBiMMER View Post
South Bay BMW in CA.
Before 1/3/12 (year end) or after? Lease or financing or cash? If financing did you get the special APR?

$8K off the MSRP for a 335i is a great deal, congrats!
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  #118  
Old 01-10-2012, 10:40 AM
bmwloverinsocal bmwloverinsocal is offline
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Quote:
Originally Posted by RGBiMMER View Post
2011 335i Sedan, 18 miles, M package, premium package, navigation, dakota leather seats.....52,075 MSRP. Payed $43,995 plus tax. The negotiation was a pain every step of the way.
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  #119  
Old 01-10-2012, 07:39 PM
RGBiMMER RGBiMMER is offline
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purchased 12-29. Financed at 3.9% for 60 months. A couple other dealers had $1000 off if you financed, but my salesguy said that was bs. I think he was lying.
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  #120  
Old 01-24-2012, 06:27 AM
gf44108 gf44108 is online now
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Mein Auto: 2014 528i xDrive M Sport
BMW 2011 335i xDrive MSRP $57,450.00

M Sport package
Premium package
Colder Weather package
Convienience package
BMW Apps

Agreed upon price 50,318.00
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  #121  
Old 01-24-2012, 06:42 PM
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Jon Shafer Jon Shafer is offline
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Not too shabby....

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  #122  
Old 12-13-2012, 03:59 AM
Slickdeuce Slickdeuce is offline
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Of course your awesome deal grabbed my attention! So much so that I joined the forum (this is my first post response) Can you work anything remotely similar with a 3, 5 or 7 active hybrid? Open to ED and qualify for most incentives, thanks!
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  #123  
Old 12-13-2012, 12:23 PM
pavetron pavetron is offline
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Originally Posted by Slickdeuce View Post
Of course your awesome deal grabbed my attention! So much so that I joined the forum (this is my first post response) Can you work anything remotely similar with a 3, 5 or 7 active hybrid? Open to ED and qualify for most incentives, thanks!
You do realize you bumped a thread that is a year old
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  #124  
Old 12-13-2012, 12:41 PM
neilsarkar neilsarkar is offline
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Since the thread has been re-opened anyway, I'll go.

I leased a 5er where monthly payment (including California taxes) = 0.99% of MSRP, without any cap cost reduction.
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  #125  
Old 12-13-2012, 02:36 PM
Slickdeuce Slickdeuce is offline
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I do now, didnt realize that in the heat of the search. Good deal, thanks for your responses.
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