|
|
|
|
|
|
BMW Garage | BMW Meets | Register | Today's Posts | Search |
|
BMW 3-Series (E90 E92) Forum
>
Car buying experience
|
|
06-14-2008, 09:04 PM | #1 |
Enlisted Member
2
Rep 34
Posts |
Car buying experience
Base MSRP $41,200
Alpine White $0 Black Dakota Leather $0 Gray Poplar wood trim $0 Premium Package $2,650 Sport Package $1,200 Active Steering $1,400 Sports leather steering wheel with paddle shifters $100 STEPTRONIC automatic transmission $1,325 Comfort Access system $500 Navigation system $2,100 HD radio $350 iPod and USB adapter $400 Park Distance Control (rear only) $350 Destination & Handling: $825 Total MSRP as Built $52,400 My 2008 335i Coupe out the door: $48,000 with $10,000 down. day 1 i went in, test drove a few cars, Manual, Steptronic, different models the whole deal then told my CA im ready to make my car it was $51,100 i let him do a credit check and also told him that I'm going to put $10,000 down he gave me a print out of the car. i told my CA that im going to give it some thought. day 2 i went in, my CA told me i was approved for 3.9%, i asked him how much he can bring the car down, he went to talk to his supervisor came back with $49,500, told em i want it for $48,000 even, at first he said he couldn't bring it down any more. We talked for a little, i got him know him a bit more then he said he'll go check with his supervisor again to see if they can bring the price down any further. he said the best he can do was $48,500. i still wasn't satisfy... after 2 long hours... i left and told him i'm going to check other places and for him to give me a call if he is willing to do it for $48. day 3 i get a call from Tom another CA from the same dealership telling me he'll do it for $48 and i agreed to see him that afternoon but was busy and couldn't make it. day 4 i get a call from frank my first CA and i told him about how i was going to go see Tom yesterday but i couldn't make it but i was going to go today to get my car order for $48 then drank said he could do it for $48 also...so i told frank well i agree with tom already, frank told me if i came in he'll get my car for $48,000 and will throw in the sport package with the paddle shifter ($1,300), an option i told him i wanted to get but just thought was to much to add to the price that it already was. so i agreed, went in, and we order my car.... thats was my first car buying experience. i was really satisfy. ordered on may 10 2008 now its in transit.... just curious how much did you guys knock off from the MSRP with your cars?
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
|
06-14-2008, 09:30 PM | #2 | |
Lieutenant Colonel
187
Rep 1,517
Posts
Drives: E92 335i coupe Black AUTO
Join Date: Apr 2007
Location: Alhambra, CA
|
Quote:
was this e90 or e92. E92 is very hard to knock the price down for that much. If it is e90 u can knock it off for 4K off. i did on my e90. I bought my e90 for 37K out the door. by the way, how much is ur monthly payment? for how many years |
|
Appreciate
0
|
06-14-2008, 10:03 PM | #3 |
Enlisted Member
2
Rep 34
Posts |
e92... its a 335i coupe.... $780 monthly for 60months
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
Last edited by EngIsWaitingOnHis335i; 06-14-2008 at 10:25 PM.. |
Appreciate
0
|
06-15-2008, 01:46 AM | #4 | |
New Member
1
Rep 29
Posts |
Quote:
Anyway, I never negotiate from MSRP, only invoice price. Because of the new BMW price increase, I was able to get the GM at the dealership I will purchase my car from to guarantee in writing that neither my selling price nor total out-the-door cost will change. Once my xi arrives, I'll be picking it up for $869 below invoice. Took a helluva lot of negotiating for me to work that deal. In the end, I had four Maryland dealerships going lower and lower to beat the others' prices. The deal I finally accepted was "only good until 7 PM today." LOL! I will be very satisfied as long as they don't try to pull an 'okie doke' move on me at time of delivery. Peace!
__________________
'08 E92 335xi - Black Sapphire|Coral Red
|
|
Appreciate
0
|
06-15-2008, 11:58 AM | #5 |
First Lieutenant
58
Rep 368
Posts
Drives: 2016 M235i
Join Date: May 2008
Location: Lakewood Ranch, FL
|
did you factor in sales tax? that is likey to add another $60 or so to your payment.
|
Appreciate
0
|
06-16-2008, 02:30 PM | #6 |
Second Lieutenant
4
Rep 297
Posts |
sounds like he is financing the car, not leasing. his full tax would come out of the 10K he is putting down and his payment would not change
__________________
2008 328i Coupe
Monaco Blue / Black Leatherette / Dark Burl Sport Package/ Power Seats / Heated Seats / Park Distance Control |
Appreciate
0
|
06-16-2008, 04:00 PM | #7 |
Enlisted Member
2
Rep 34
Posts |
Jyea, financing it...
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
|
Appreciate
0
|
06-18-2008, 10:21 AM | #9 |
Lieutenant
29
Rep 489
Posts |
Financing 38k (48k - 10k down payment) for 60 months at 3.9% should only be $698.11/month. Financing 42.5k puts you right at $780/mo. I understand you have to pay delivery fees ($200?) but that puts you at about 9% sales tax on the full price of the car? Is it really that bad out there?!?!
|
Appreciate
0
|
06-18-2008, 09:32 PM | #10 |
Enlisted Member
2
Rep 34
Posts |
how do you figure?....
($38,000)(0.0039) = $148.2 of interest per month ($148.2)(60 month) = $8892 $38,000 + $8892 = $46892 ($780)(60) = $46892
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
|
Appreciate
0
|
06-19-2008, 12:27 AM | #12 |
Lieutenant
29
Rep 489
Posts |
Your calculations are missing some things. First, you're not paying 3.9%/month. It's an APR. So you're paying 1/12th of the 3.9%/month which adds up to a full 3.9%/year. They just calculate it and make you pay a bit each month. Also, you're not paying interest on the full 38k the whole time. You only pay interest on the remaining amount you owe. The formula is:
[P*(r/12)]/[1-(1+r/12)^-m] where p = Principal r = rate m = months the loan is taken over [38,000*.039/12]/[1-(1+.0039/12)^-60] 123.5/1-1.00325^-60 123.5/(1-.8231) ~698 or ~$18.38/$1k financed at 60 months. Google 'car payment calculator' there are a lot of places around that will tell you what you have to pay and even give you amortization tables. You might want to check that out before you go in and take a good calculator with you when you go to sign. |
Appreciate
0
|
06-19-2008, 09:05 AM | #13 |
Enlisted Member
2
Rep 34
Posts |
ahh i appreciate the input.... i think we are financing $42,320
cause with Tax, Title, Registration & Other Costs $48,000 + $3,600tax + $720 title, registration & other = $52,320 $52,320 - $10,000 down = ($42,320 financing) $780 monthly payments sounds about right for financing $42,320 right? i went to Edmund.com
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
|
Appreciate
0
|
06-19-2008, 09:18 AM | #15 |
Enlisted Member
2
Rep 34
Posts |
haha, good looking out man... i appreciate it lots...
the wait sucks cause i was told by my CA that it was only going to be only 4weeks ( i didn't know any better then ) then when that 4 week came by ( it came around hella fast ) he said another 4-5 weeks at least and suddenly it seems like time just stopped moving... and still another 4 more weeks left til it arrives luckily my car caught one of the last ship that set sail other wise it would have still been waiting for a vessel
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
|
Appreciate
0
|
06-19-2008, 09:23 AM | #16 |
Lieutenant
29
Rep 489
Posts |
Trust me, I know how you're feeling. I waited through the build process no problem. Someone on the same boat as me got their 135 delivered on May 24th. A week later they realized my car got damaged in transit and they had to fix it. There was a ding on the beltline that goes across the door, so they had to order another door from Germany. 2.5 weeks later it got release to the carrier. ETA to the dealer was last Sunday. Still isn't there....
The waiting is killing me. At least I have a dealer loaner, 328xi. No '35, but it works! |
Appreciate
0
|
06-21-2008, 10:12 AM | #17 |
Enlisted Member
2
Rep 34
Posts |
steptronic takes off just as fast as manual, higher resell value, i live in cali ( traffic can get rough sometimes ), my mom will be driving it occasionally to banquets and other formal places, and although i know i should never do it but i sometimes just have to.... drive while buzzed from drinking and i figure if i did it with a manual i'll probably crash cause my attention will be on shifting gears or something.
__________________
335i Coupe | Alpine White | Black Dakota Leather | Gray Poplar wood trim | Premium Package | Sport Package |Active Steering | Sports leather steering wheel with paddle shifters | STEPTRONIC automatic transmission | Comfort Access system | Navigation system | HD radio | iPod and USB adapter | Park Distance Control
|
Appreciate
0
|
06-21-2008, 10:33 AM | #18 | |
Banned
43
Rep 1,310
Posts |
Quote:
|
|
Appreciate
0
|
06-21-2008, 10:38 AM | #19 | |
Banned
43
Rep 1,310
Posts |
Quote:
Wow that's messed up that another client advisor from the same dealer called you! very unprofessional I wouldnt be surprised if he got written up or taken out back and roughed up lol in sales you do not step on toes as that is your meal ticket for the month! but congrats on your car it sounds beautiful!! |
|
Appreciate
0
|
06-21-2008, 04:28 PM | #20 | |
New Member
1
Rep 29
Posts |
Quote:
Peace!
__________________
'08 E92 335xi - Black Sapphire|Coral Red
|
|
Appreciate
0
|
06-21-2008, 04:40 PM | #21 |
Captain
31
Rep 949
Posts |
I think your sales tax may be slightly off, but I may be mistaken.
I hope this helps you visualize the loan a bit.
__________________
2008 e92 335i Step | Is Gone - It was fun but not meant to be | M3 - Cancelled | 135 Ordered
|
Appreciate
0
|
06-21-2008, 04:44 PM | #22 | |
Banned
43
Rep 1,310
Posts |
Quote:
you did buy a BMW right because those things dont exist with BMW they dont believe in doing that it drops the value I am just simply saying you get what you pay for! some night when you need a huge favor or are stranded lets see how quick the S.A or C.A is to pick you up in his personal vehicle and im sure you are the type to say oh it will never happen.......how did you rate them on the survey?? |
|
Appreciate
0
|
Bookmarks |
|
|