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BMW 3-Series (E90 E92) Forum
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ED Savings Question
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09-20-2007, 07:14 PM | #1 |
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ED Savings Question
I was under the impression that you save like $5000.00 with ED. I contacted a local dealer and their saying its only about a $2400.00 savings. Am I just getting played?
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09-20-2007, 07:27 PM | #2 |
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It all depends on what deal you get and how much you're going to spend on the trip. For example, my car was something like $45,600 US MSRP. I got it for $210 over invoice so that was a saving of about $6300 or so. If I bought tickets through sites like travelocity it would have cost me about $1400-1500 for airfare and hotel. Add another $500-600 on top of that for food and drinks and it would have cost about $2,000 for me. Subtract that from $6300 and I'd saved $4300.
You should think of it more like a vacation. You're using the money that you would have paid the dealer to take a vacation for yourself or with a partner. That IMO is better than spending money and get nothing from it. |
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09-20-2007, 07:48 PM | #4 |
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Okay so that's a $6k savings versus buying it here. Just estimate what your travelling expenses will be and subtract from that. Then you will know if you were played or not.
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09-20-2007, 08:10 PM | #5 | |
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For ED look at the Confidential Wholesale price under Munich Delivery, that's ED Invoice (search either this forum or bimmerfest.com). Then look at the Recommended Retail price under US Port of Entry and that's US MSRP. Add up your desired options, add a reasonable dealer markup (i.e., profit...everyone has to feed their kids) and there you go. Also, with ED you don't pay training and MACO. Total all that up, add $500 rebate from the BMWCCA (assuming you've been a member for a year) and you get close to $7,000 savings for a 335i. There are plenty of threads here and on bimmerfest.com that leads you through the whole process but don't believe a dealer that tells you ED is fixed price or that the normal ED price is somewhere near ED MSRP. Just not so. Many dealers do not like to do ED for one reason or another. Several in my area tried to sell me the "firm fixed price" ED based on ED MSRP. One or two even admitted they didn't really care about doing ED because they "don't have too" but check around (especially check the forum sponsors, I've seen some rave reviews on them and they're pretty straight shooters). I forgot to mention: Some cars can be had in the US at a major discount but many cannot. For instance, a 335i coupe or vert can be a rare item in a dealer's inventory because they're in demand so you will most likely never get them significantly below US MSRP unless you're really lucky. Some cars like the 328 or X3 can be had at discount so you have to take that into account |
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09-20-2007, 09:39 PM | #6 | |
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how to calculate ED savings
Quote:
You quote 45,600 as MSRP, and you say you purchased the car for $210 over invoice. Neither of these things really get you your answer. You need to ask yourself, what WOULD you have paid, if you didn't do ED? Would you have paid MSRP? If not, then why are you quoting it? Figure out the best deal you would have got, it you would have purchased the car without ED. Maybe that still means you're ordering the car, but for 'regular' delivery. Ordering an '08 right now, for regular delivery, it comes out of the dealer's allocation of cars. He will budge, but not too much. FOr example, I ordered an '08 335xi in August. If I didn't do ED, the best he was going to accept was ~ 1k below MSRP. So, now we know the price I would have paid -- let's call it "X". Next, figure out the ED **INVOICE** of the car, add your options + 775 destination fee, add dealer profit (many say that 1200 is fair for ED). Now you have the price you pay for ED purchase. Call that "Y". X - Y = your savings before travel costs. Airfare, hotel, food -- are you staying for 1 day or 2 weeks? That will bite into the savings quite a bit, but then again, you're alse getting something for that --- a vacation. Anyway, now you know how to calculate it. My delta in savings BEFORE travel/etc was $4,200 on a '08 335xi. Plane tickets were ~ $1,200. So far, I'm up 3k. I'm there for 5 days, I bet I blow throught $1,000 or more. If I come home ahead $1,500 --- I got a vacation in Germany, drove my BMW on the autobahn, and came ahead $1,500. |
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09-21-2007, 12:02 AM | #7 |
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This is a great source of information on Euro Delivery: http://www.bimmerfest.com/wiki/index...ry_.28ED.29.3F
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09-21-2007, 12:24 AM | #8 | |
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Wow thank you very much for the lecture. ![]() I mean seriously before your post I couldnt get around to figuring out how much I would save on doing ED ![]() Let's assume I could have gotten it for $2k over invoice (or less), that would have made my savings $3300. Does that mean that the OP will get the same savings?? Not necessarily. I was merely using my story as an example. If you've noticed I used the words "if I had" quite often. Of course I wouldnt have paid MSRP for the car- that's just foolish. However, that's because I've gotten an E90 instead of an E92. I know that ED savings are only significant if you're purchasing a car that's not being discounted (or is discounted by only a few hundred $). So if the OP is buying an E92 (which is likely at or close to MSRP) and doesnt spend a fortune on the trip, he would most likely realize the savings that I'd used in my example. So Im pretty darn sure I know how to calculate ED savings- perhaps you missed the part where I talked about airfare, hotels and also the cost of food and drinks. BTW I've been on this board for a lot longer than you have (dont let my join date fool you) so please save it with the lecture. Last edited by BMWE90; 09-21-2007 at 01:26 AM.. |
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09-21-2007, 11:29 AM | #10 | |
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If someone were a newbie looking into ED, and wanted to know how much they were saving by doing ED, they might think they're saving more than they really are, by reading your post. I simply tried to give a more realistic answer of what they're saving. Many people come on these boards and throw out all sorts of ideas on how to calculate savings/fair prices, so I was trying to help. If dialog like "To me, this is an inaccurate way of calculating your savings by choosing ED." results in the type of response you gave.... whoa. ![]() |
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