Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 3 Series / 4 Series > F30 / F31 / F32 / F33 (2012 - current)

F30 / F31 / F32 / F33 (2012 - current)
The sixth generation 3 series, chassis code F30. 2013 model year 328i and 335i sedans now in production. Read the F30 frequently asked question thread for all your basic question and dive into all the details in the ultimate F30 information thread.

Reply
 
Thread Tools Display Modes
  #51  
Old 08-27-2013, 08:24 PM
Beemerup Beemerup is offline
Officially Welcomed to the 'Fest
Location: San Jose
 
Join Date: Mar 2007
Posts: 290
Mein Auto: 2011 535/328xi Sport Wag
Thanks for the feedback. the $1000 is loyalty and turnkey. what is an acquisition fee anyway?
__________________

10/18/10 ED
2011 535 Jet/Oyster-Black Dakota/Step/Sport/Heated seats/Sat
Reply With Quote
  #52  
Old 08-27-2013, 09:17 PM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by Beemerup View Post
Thanks for the feedback. the $1000 is loyalty and turnkey. what is an acquisition fee anyway?
I'm not sure if the turn key is deducted from the Cap. I though it comes from your "First Month Payment: $586.13"

Also, you're missing the Build Out credit of $1,000, which makes the deal that was offered to you even worse! See the examples on the 1st page and other posts

I can't see any reason to pay more than $500 over invoice BEFORE reductions for MY13, and I think you can do even better than that. Based on your numbers, you may be overpaying as much as $3,000!
Reply With Quote
  #53  
Old 08-28-2013, 06:08 AM
EstorilF30 EstorilF30 is offline
Officially Welcomed to the 'Fest
Location: Boston
 
Join Date: May 2013
Posts: 486
Mein Auto: F30 328i M Sport
Quote:
Originally Posted by 328AL View Post
The Cap Cost is too high (should be under invoice) , acquisition fees should be $725. What is $1000 reduction specifically for (UDE, build out, etc.?)
Just chiming in on the acquisition fee. It's actually $925, unless you negotiate it down to $725.
__________________
Reply With Quote
  #54  
Old 08-28-2013, 06:29 AM
kjboyd's Avatar
kjboyd kjboyd is offline
Drink the koolaid or else
Location: California
 
Join Date: Apr 2006
Posts: 2,097
Send a message via Yahoo to kjboyd
Mein Auto: 2009 MINI Cooper Clubman
Looking to Lease: Look Here First

Quote:
Originally Posted by EstorilF30 View Post
Just chiming in on the acquisition fee. It's actually $925, unless you negotiate it down to $725.
No. It's actually $725. The delear will try to negotiate it UP to $925.


Sent from BimmerApp mobile app
__________________
Kevin


-----
2009 MINI Cooper Clubman - "Oxley"
Nightfire Red/NFR, Tuscan Leather, CP, PP, CW, Roof Rails & Aero Kit, 16" Bridge Spokes, Xenon, Auto, English Oak Trim & Wood Wheel, Alarm, Hi-Fi

-------

2007 Volvo S60 2.5T
2007 X3.0si PlatBronze/Beige
2006 X3 3.0i, Flamenco Red/Beige
1997 528iA, Oxford/Tan
1994 318iS, Black/Gray
1979 528iA, RubyRed, Tan
1971 2002, Sahara, Saddle
Reply With Quote
  #55  
Old 08-28-2013, 07:40 AM
MarcoM MarcoM is offline
Registered User
Location: Connecticut
 
Join Date: Aug 2013
Posts: 9
Mein Auto: 328i
What do you think of this deal?

Hi everyone, I am new to the forum and wanted some input on leasing a 2013 328i X-Drive. PLease see details below.

Car Details:
YEAR - MODEL- 2013- 328i x-drive
Length of Lease (36 mo)
Mileage allowance: (10,000 Miles)
Color: Black Sapphire Metallic
Options:

Sports Line,
Lighting Pkg
Technology Pkg
Moon roof
Heated front seats

Finance Details:
MSRP: $ 48,375
Invoice: $45,000- approx.
Cost Reduction (Loyalty/Turn Key): -$ N/A
Dealer Profit: $ N/A
Sale Price: $43,541
Residual: 64%
Cap Cost: $
Money Factor (Pre-MSD) : 0.0016
Money Factor (Post-MSD - Each MSD reduces MF by 0.00007): 0.00111
Taxes & Fees: $3,047.57
Down Payment: $3,250
Multiple Security Deposit:$ 0
Total Due at Signing :$ 8,354.76
Monthly Payment: $373.19


Taxes & Fees Breakdown:
Acquisition Fee: $925
Dealer Document Fee: $499
Sales Tax on Items: $ N/A
License& Registration Fee: $260
Upfront Luxury Tax: $0
First Month Payment: $373.19
Upfront Sales Tax: $3,047.57

Total= $5,104.76

What do you guys think? Thank you in advance for any input, it will be my first lease.
Reply With Quote
  #56  
Old 08-28-2013, 09:48 AM
EstorilF30 EstorilF30 is offline
Officially Welcomed to the 'Fest
Location: Boston
 
Join Date: May 2013
Posts: 486
Mein Auto: F30 328i M Sport
Quote:
Originally Posted by kjboyd View Post
No. It's actually $725. The delear will try to negotiate it UP to $925.


Sent from BimmerApp mobile app
Never heard of this. I'm also curious as to why it's listed at $925 on the website too.
__________________
Reply With Quote
  #57  
Old 08-28-2013, 09:56 AM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by kjboyd View Post
No. It's actually $725. The delear will try to negotiate it UP to $925.


Sent from BimmerApp mobile app
That's correct, a dealer can increased it by up to $200, so $925 is the max. The same applies to a MF, there is a base rate that changes from car to a car in any given month and a dealer can increase it by up to 0.004 as an additional profit.
Reply With Quote
  #58  
Old 08-28-2013, 10:00 AM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by MarcoM View Post
Hi everyone, I am new to the forum and wanted some input on leasing a 2013 328i X-Drive. PLease see details below.

Car Details:
YEAR - MODEL- 2013- 328i x-drive
Length of Lease (36 mo)
Mileage allowance: (10,000 Miles)
Color: Black Sapphire Metallic
Options:

Sports Line,
Lighting Pkg
Technology Pkg
Moon roof
Heated front seats

Finance Details:
MSRP: $ 48,375
Invoice: $45,000- approx.
Cost Reduction (Loyalty/Turn Key): -$ N/A
Dealer Profit: $ N/A
Sale Price: $43,541
Residual: 64%
Cap Cost: $
Money Factor (Pre-MSD) : 0.0016
Money Factor (Post-MSD - Each MSD reduces MF by 0.00007): 0.00111
Taxes & Fees: $3,047.57
Down Payment: $3,250
Multiple Security Deposit:$ 0
Total Due at Signing :$ 8,354.76
Monthly Payment: $373.19


Taxes & Fees Breakdown:
Acquisition Fee: $925
Dealer Document Fee: $499
Sales Tax on Items: $ N/A
License& Registration Fee: $260
Upfront Luxury Tax: $0
First Month Payment: $373.19
Upfront Sales Tax: $3,047.57

Total= $5,104.76

What do you guys think? Thank you in advance for any input, it will be my first lease.
What is your Cap number? Build out credit?

Also, see multiple comments on down payments here and in other threads (typically not a good idea, plus you pay tax on them as well).
Reply With Quote
  #59  
Old 09-02-2013, 10:56 AM
gregdanger gregdanger is offline
Registered User
Location: quincy
 
Join Date: Aug 2013
Posts: 6
Mein Auto: 328
2013 328xi lease

Hi All,

Got a lease offer on the table and am hoping for some feedback:

2013 328xi
MSRP: 44325
Cap Cost: 41035
rate: 2.79
residual: 27924

1000 build out credit
montly tax around 50

Lease is 36 months, 12000k miles. No money down. 520 per month.

**EDIT Used Edmonds lease payments guide (http://www.edmunds.com/car-leasing/c...e-payment.html) and figure I should be at about $490 per month without the build out but didn't factor in the destination charge. Any one know where that gets calculated in if I'm doing no money down?

Thanks!

Last edited by gregdanger; 09-02-2013 at 11:39 AM. Reason: update
Reply With Quote
  #60  
Old 09-02-2013, 01:11 PM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by gregdanger View Post
Hi All,

Got a lease offer on the table and am hoping for some feedback:

2013 328xi
MSRP: 44325
Cap Cost: 41035
rate: 2.79
residual: 27924

1000 build out credit
montly tax around 50

Lease is 36 months, 12000k miles. No money down. 520 per month.

**EDIT Used Edmonds lease payments guide (http://www.edmunds.com/car-leasing/c...e-payment.html) and figure I should be at about $490 per month without the build out but didn't factor in the destination charge. Any one know where that gets calculated in if I'm doing no money down?

Thanks!
How much is your invoice? Do you have brake-down for your fees that were added to the Cap?
If you could follow the outline on the 1st page, it would have been much easier to give you an answer.
Reply With Quote
  #61  
Old 09-02-2013, 01:57 PM
gregdanger gregdanger is offline
Registered User
Location: quincy
 
Join Date: Aug 2013
Posts: 6
Mein Auto: 328
Quote:
Originally Posted by 328AL View Post
How much is your invoice? Do you have brake-down for your fees that were added to the Cap?
If you could follow the outline on the 1st page, it would have been much easier to give you an answer.
I have the invoice but not the fee breakdown. Thanks for feedback. Ill post more info when I have it.
Reply With Quote
  #62  
Old 09-04-2013, 07:18 PM
PK2348 PK2348 is offline
Officially Welcomed to the 'Fest
Location: Brooklyn NY
 
Join Date: Jan 2013
Posts: 485
Mein Auto: 2013 328 xdrive
Quote:
Originally Posted by furby076 View Post
Hi All,

Are you looking to lease? Are you about to ask the forum "Is This A Good Deal"? Well, before you post, copy/paste this template and fill out the information, then post. We will be able to give you a much better response.

Also, to help you out, please go to: http://www.bmwconfig.com and build your car. It will give you the MSRP & Invoice price for US and Euro Delivery.

Template

Car Details:
YEAR - MODEL
Length of Lease (in months)
Mileage allowance: (list if KM or Miles)
Color:
Options:

Finance Details:
MSRP: $
Invoice: $
Cost Reduction (Loyalty/Turn Key): -$
Dealer Profit: $
Sale Price: $
Residual: %
Cap Cost: $
Money Factor (Pre-MSD) : 0.00###
Money Factor (Post-MSD - Each MSD reduces MF by 0.00007): 0.00###
Taxes & Fees: $
Multiple Security Deposit:$
Total Due at Signing :$
Monthly Payment: $
Acquisition Fee: $
Dealer Document Fee: $

Taxes & Fees Breakdown:
Sales Tax on Items: $
License& Registration Fee: $
Upfront Luxury Tax: $
First Month Payment: $
Upfront Sales Tax: $

Total= $


EXAMPLE

Deal
2013 328xi for 36 months/10k miles
Alpine White
Black Dakota Leather
Cold Weather Package
Driver Assistance Package
Driver Assistance Plus
Lighting Package
M sport
Premium Package
Technology Package
Harman Kardon surround sound

MSRP: $54,590
Invoice: $51,103.50
Sale Price: $49,353
Residual: 64%
Cap Cost: $0
Money Factor: 0.00071 (lowered due to MSDs)
Taxes & Fees: 3,285.50
Multiple Security Deposit:$3,500
Total Due at Signing :$6,785.50
Monthly Payment: $454.04

Taxes & Fees Breakdown
Sales Tax on Items: $25.13
License& Registration Fee: $330.00
Upfront Luxury Tax: $197.41
First Month Payment: $454.04
Upfront Sales Tax: $1,194.92
Acquisition Fee: $725
Dealer Document Fee: $359
Total= 3,285.50
For the states that allow it, i would say never pay taxes upfront, build into monthly payment. If something happens to the car your tax money is gone. MSDs you will get back because the car is insured.
Reply With Quote
  #63  
Old 09-07-2013, 07:42 AM
Pat_X5's Avatar
Pat_X5 Pat_X5 is offline
Officially Welcomed to the 'Fest
Location: San Gabriel Valley - So Cal
 
Join Date: Aug 2008
Posts: 1,396
Mein Auto: '13 Diesel X5 & MBZ R350
Noticed everyone prefers 3 years.
What happens if you want 2 years ?
Doesn't the Residual go up ?

What about European Delivery - does the incentives disappear for ED (Turn Key, Build out, Loyalty, Eco) ???
Reply With Quote
  #64  
Old 09-07-2013, 04:05 PM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by Pat_X5 View Post
Noticed everyone prefers 3 years.
What happens if you want 2 years ?
Doesn't the Residual go up ?

What about European Delivery - does the incentives disappear for ED (Turn Key, Build out, Loyalty, Eco) ???
You can get 2 years with higher residual, although not proportionally, but you still pay the same acquisition, disposition, dealer's fees; so your cost of ownership per year is higher.

I think you can only use loyalty for ED. btw, build-out is only for cars that already built
Reply With Quote
  #65  
Old 09-08-2013, 06:48 AM
Makomyday Makomyday is offline
Registered User
Location: Long island NY
 
Join Date: Sep 2013
Posts: 39
Mein Auto: Dodge ram hemi
What exactly is the " money factor" ????..... Other than deciding if you can afford it.
Reply With Quote
  #66  
Old 09-08-2013, 08:52 AM
Weaselboy's Avatar
Weaselboy Weaselboy is online now
Officially Welcomed to the 'Fest
Location: USA
 
Join Date: Jul 2002
Posts: 1,512
Mein Auto: 2014 335i F30 Sedan
Quote:
Originally Posted by Makomyday View Post
What exactly is the " money factor" ????..... Other than deciding if you can afford it.
The money factor is a term used to for the interest charges on a lease. If you multiply the money factor by 2400 you get the equivalent interest rate APR. So the current BMW MF of .00125 * 2400 = 3%.
Reply With Quote
  #67  
Old 09-12-2013, 05:51 PM
gregdanger gregdanger is offline
Registered User
Location: quincy
 
Join Date: Aug 2013
Posts: 6
Mein Auto: 328
Hi all. Got this deal last week. Can I get this payment down any more?

Car Details:
2013 328xi
36 month
12000 miles per year
Jet Black
Premium Package
Cold Weather Package
Comfort Access

Finance Details:
MSRP: $ 44325
Invoice: $41500
Cost Reduction (Loyalty/Turn Key): -$ 2500
Residual: %58
Cap Cost: $ 39000
Money Factor (Pre-MSD) : .00125
Taxes & Fees: $ 1720 total
Multiple Security Deposit:$ 0
Total Due at Signing :$ 0
Monthly Payment: $ 525
Acquisition Fee: $ 750 (non negotiable)
Dealer Document Fee: $131

Taxes & Fees Breakdown:
Sales Tax on Items: $
License& Registration Fee: $ 202
Upfront Luxury Tax: $
First Month Payment: $ 525
Upfront Sales Tax: $

Total= $ 525 per month. 0 down.

[/QUOTE]

Last edited by gregdanger; 09-12-2013 at 05:52 PM. Reason: correction
Reply With Quote
  #68  
Old 09-13-2013, 10:30 AM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by gregdanger View Post
Hi all. Got this deal last week. Can I get this payment down any more?

Car Details:
2013 328xi
36 month
12000 miles per year
Jet Black
Premium Package
Cold Weather Package
Comfort Access

Finance Details:
MSRP: $ 44325
Invoice: $41500
Cost Reduction (Loyalty/Turn Key): -$ 2500
Residual: %58
Cap Cost: $ 39000
Money Factor (Pre-MSD) : .00125
Taxes & Fees: $ 1720 total
Multiple Security Deposit:$ 0
Total Due at Signing :$ 0
Monthly Payment: $ 525
Acquisition Fee: $ 750 (non negotiable)
Dealer Document Fee: $131

Taxes & Fees Breakdown:
Sales Tax on Items: $
License& Registration Fee: $ 202
Upfront Luxury Tax: $
First Month Payment: $ 525
Upfront Sales Tax: $

Total= $ 525 per month. 0 down.
[/QUOTE]

It is a good deal. However, given that it is 2013, you may be able to do better. Having said that, availability my be a factor as well.
Reply With Quote
  #69  
Old 09-13-2013, 07:19 PM
038162er 038162er is offline
038162er
Location: Chicago
 
Join Date: May 2009
Posts: 4
Mein Auto: 2013 328i
Hi--I'm hoping someone can help me out. I'm currently working on this deal now. I live in Chicago, so I'm going with Owner's Choice financing to avoid the outrageous taxes. I don't have all the numbers yet, but any opinions would be appreciated.

2013 328i for 36 months/10k miles (DEMO)
Mineral Gray Metallic
Black Dakota Leather
Cold Weather Package
Premium Package
Technology Package

MSRP: $45,445
Invoice:
Sale Price:
Total Due at Signing: $0 down besides taxes, license, fee etc

Monthly Payment: $535

Incentives:
$2000 Build-Out Cash
$1000 Ultimate Driving Incentive
$500 Loyalty
$500 Term Key
Pull ahead program 1 month

Thanks!
Reply With Quote
  #70  
Old 09-13-2013, 10:56 PM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by 038162er View Post
Hi--I'm hoping someone can help me out. I'm currently working on this deal now. I live in Chicago, so I'm going with Owner's Choice financing to avoid the outrageous taxes. I don't have all the numbers yet, but any opinions would be appreciated.

2013 328i for 36 months/10k miles (DEMO)
Mineral Gray Metallic
Black Dakota Leather
Cold Weather Package
Premium Package
Technology Package

MSRP: $45,445
Invoice:
Sale Price:
Total Due at Signing:
Quote:
$0 down besides taxes, license, fee etc
Monthly Payment: $535

Incentives:
$2000 Build-Out Cash
$1000 Ultimate Driving Incentive
$500 Loyalty
$500 Term Key
Pull ahead program 1 month

Thanks!
Another Demo thread

How can we help you if we don't know, how much you buying your car for, what is your interest rate?
Quote:
$0 down besides taxes, license, fee etc
doesn't sound like $0 to me, what are the fees and what are they for?

How many miles on this car? You do realize that you're buying 1 year old used car and the warranty is already started from 0 miles not a day of your proposed purchase? The car that was driven like a race car from day one.

I could understand if you wanted to lease it, but buying .... you have to have a killer deal to do it. "Demo" is nice word that only dealers allowed to use when they sell used cars
Reply With Quote
  #71  
Old 09-14-2013, 10:50 AM
038162er 038162er is offline
038162er
Location: Chicago
 
Join Date: May 2009
Posts: 4
Mein Auto: 2013 328i
Hi 328AL--thanks for your response. I'm actually leasing the car. Owner's Choice is an option that gets around the Chicago city tax (IL taxes the entire price of the car, and Chicago then taxes on the monthly lease payment). So it's like buying (to avoid the city taxes on the monthly payments), but with lease type payments. At the end you can either buy the car or return it just like a lease.

The dealer said the Build Out cash is only for remaining 2013s. I still need to find out the mileage (maybe 1300?) and what kind fees. I'm returning my 3 year lease (OC) 2011 128i with only about 13K miles, so I honestly don't drive much. If I'm going to be stuck in traffic for an hour just to go 3 miles, I might as well enjoy it

All that said, if this was a lease, is $535/mo simply outrageous? Thanks!
Reply With Quote
  #72  
Old 09-14-2013, 04:20 PM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by 038162er View Post
Hi 328AL--thanks for your response. I'm actually leasing the car. Owner's Choice is an option that gets around the Chicago city tax (IL taxes the entire price of the car, and Chicago then taxes on the monthly lease payment). So it's like buying (to avoid the city taxes on the monthly payments), but with lease type payments. At the end you can either buy the car or return it just like a lease.

The dealer said the Build Out cash is only for remaining 2013s. I still need to find out the mileage (maybe 1300?) and what kind fees. I'm returning my 3 year lease (OC) 2011 128i with only about 13K miles, so I honestly don't drive much. If I'm going to be stuck in traffic for an hour just to go 3 miles, I might as well enjoy it

All that said, if this was a lease, is $535/mo simply outrageous? Thanks!
Based on my calculations (without real numbers), it seems something is missing from your deal. All I want to do is to show you how all components are connected together and weather you really getting a good deal or just bunch smoke and mirrors from your dealer.

Did you get a credit from BMW for unused miles on your current car? if no, you should!

There is a new thread on this forum about buying a demo car, take a look at it. It was used only by once person, manager, and the OP is getting $10,000 off before his personal discounts, so you should be looking at about $34,000 for this car.

Thus, basic lease assuming
MSRP $45.500
CAP $35,500
Adjusted CAP $$34,000 (UDE, Loyalty)
MF 0.00125
Residual 62%
Acquisition Fee $725
Chicago Tax 9.25%

Payment $246.03
Tax $22.76
Total $268.79 including monthly tax

Due at signing
$0 first month lease (turn key)
$x.x Dealers Doc Fees
$y.y Licence and registration
($z.z) credit for unused miles
Total $....

How did you come up with $535?
Reply With Quote
  #73  
Old 09-15-2013, 09:09 AM
038162er 038162er is offline
038162er
Location: Chicago
 
Join Date: May 2009
Posts: 4
Mein Auto: 2013 328i
Hey 328AL--thanks again for your reply and info! I really appreciate you taking the time to help. I'll definitely check out the other demo thread, and look into the mileage credit and the discount for the car being a demo.

$535 was just the number the dealer threw at me without giving any other numbers. I'm supposed to get real numbers and the milage on Monday when the dealer is open. The Owner's Choice financing gets very confusing and not a lot of people know how it works. It doesn't work like a lease so it's hard to plug in numbers.

I see you included the UDE and Loyalty, but not the Build Out Cash--how does that fit into the equation?

I suck at negotiating. I want to give the dealer a decent profit, but I don't want to get totally ripped off beyond belief either--which it looks like is happening.

I did find another car at a different dealer. It says its new--not a demo:

$50,095 msrp
$44,495 price

2013 328xi
Luxury Line
Mineral Gray Metallic
Premium Pkg
Cold Weather Pkg
Technology Pkg
Lighting Pkg

I guess I gotta figure out my next steps and try not to let my emotions get in the way.

You may have just saved me $1000s!

Thanks again!
Reply With Quote
  #74  
Old 09-15-2013, 09:43 AM
328AL's Avatar
328AL 328AL is offline
Officially Welcomed to the 'Fest
Location: Scottsdale, AZ
 
Join Date: Aug 2013
Posts: 553
Mein Auto: 2014 328i on order
Quote:
Originally Posted by 038162er View Post
Hey 328AL--thanks again for your reply and info! I really appreciate you taking the time to help. I'll definitely check out the other demo thread, and look into the mileage credit and the discount for the car being a demo.

$535 was just the number the dealer threw at me without giving any other numbers. I'm supposed to get real numbers and the milage on Monday when the dealer is open. The Owner's Choice financing gets very confusing and not a lot of people know how it works. It doesn't work like a lease so it's hard to plug in numbers.

I see you included the UDE and Loyalty, but not the Build Out Cash--how does that fit into the equation?

I suck at negotiating. I want to give the dealer a decent profit, but I don't want to get totally ripped off beyond belief either--which it looks like is happening.

I did find another car at a different dealer. It says its new--not a demo:

$50,095 msrp
$44,495 price

2013 328xi
Luxury Line
Mineral Gray Metallic
Premium Pkg
Cold Weather Pkg
Technology Pkg
Lighting Pkg

I guess I gotta figure out my next steps and try not to let my emotions get in the way.

You may have just saved me $1000s!

Thanks again!
038162er negotiation is a process not an event
I'd be happy to help!

You can't really negotiate a good deal unless you have all of the data/info available, otherwise you're relying on CA's honesty and integrity, which does not happen very often . Having said that, I found that dealers who choice to actively participate in this forum, the board sponsors, are honest, open and pleasure to work with!

Build out cash was included in the CAP number, as I was following another example, I just forgot to mention it. That's good that you caught it

I'm not familiar with owner's choice financing, but I'm very familiar with a lease. A coupe things you have to understand; when you buy a car you pay taxes for the whole purchase price, when you lease - only for a difference between adjusted CAP and residual value. Interest rates are also vary, so you may be paying less in Taxes, but pay more in interest
Thus, if you pan to own your car for 3 years, all you have to look for the total $ paid of 3 years, however you can get to it.


In terms of you current deal, It's the same thing, you have to have all of the numbers. Ask a dealer to send you a COMPLETE print-out of that deal. When they give you a payment number, it means they already have all that info in front of them on a computer screen, just simply ask them to print that screen and send it to you; not much extra effort is required! You can even ask them to run the numbers side-by-side; lease vs owner's choice, it may be just one extra mouse click for them.

It's a nicely equipped car and a price does not look too bad, but devil is in details.

As I mention before, I'd be more than happy to help you to avoid being taken advantage off. You can PM me and I'll send you my direct e-mail and phone number.

Good Luck!

Last edited by 328AL; 09-15-2013 at 10:26 AM. Reason: Updated Post
Reply With Quote
  #75  
Old 09-15-2013, 10:34 AM
038162er 038162er is offline
038162er
Location: Chicago
 
Join Date: May 2009
Posts: 4
Mein Auto: 2013 328i
Hey 328AL--thanks again for responding. It seems that whenever I ask for the numbers, the dealer CA avoids answering, and just gives me the monthly payment. Maybe I should shop elsewhere? I'll look into some of the dealers on this forum.

Living in Chicago, we pay state taxes (about 10%) on the entire price of the car, and not just the part of the car that's used. On top of that, Chicago charges the Usage tax (about 8%) on the monthly payment. So with Owner's Choice, you get the benefit of the lower payment like a lease--make sense?

Thanks again!
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 3 Series / 4 Series > F30 / F31 / F32 / F33 (2012 - current)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 10:39 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms