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      06-09-2013, 03:19 PM   #89
xmsirius
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First BMW

When I was in HS, saw a 1974 BMW at the local mall w/ a $30K sticker. Thought if I could ever buy one, I would have made it. After driving many models of all types of cars over the years, this is my first BMW.

328i- no line
Premium Package
Tech Package
Dynamic Handling Package
Heated Seats
Walnut Trim

46,500 MSRP
4,300 Cap Cost Reduction
64% Residual, .000127 MF reduced further by 7 MSD's

In production. Waiting for Delivery.
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      06-09-2013, 03:48 PM   #90
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Quote:
Originally Posted by odb0089 View Post
Confirmed money factor of .00167. Should get the residual from him tomorrow.
Residual will just be for 15000/yr which is 62% and then the extra 5000 miles at $.15 will add another $750. But that payment he quoted seems very high
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      06-09-2013, 05:37 PM   #91
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Even with $0 down and the $4k of port installed options? This is my first ever bmw and after being all set on owning I was thrown for a loop at the lease suggestion. Any insight would be helpful.
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      06-09-2013, 05:52 PM   #92
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Quote:
Originally Posted by xmsirius View Post
When I was in HS, saw a 1974 BMW at the local mall w/ a $30K sticker. Thought if I could ever buy one, I would have made it. After driving many models of all types of cars over the years, this is my first BMW.

328i- no line
Premium Package
Tech Package
Dynamic Handling Package
Heated Seats
Walnut Trim

46,500 MSRP
4,300 Cap Cost Reduction
64% Residual, .000127 MF reduced further by 7 MSD's

In production. Waiting for Delivery.

Congrats you made it.
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      06-09-2013, 09:14 PM   #93
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Quote:
Originally Posted by xmsirius View Post
When I was in HS, saw a 1974 BMW at the local mall w/ a $30K sticker. Thought if I could ever buy one, I would have made it. After driving many models of all types of cars over the years, this is my first BMW.



In production. Waiting for Delivery.
Is not I don't believe you, but back in the days (1970 till 1978) avg. car cost only $ 4000. For $ 28,000 you can get an air cooled 911 turbo; I'm just saying. Even a BMW 630 CSI only cost $ 24000 in 1978

Last edited by wins76; 06-09-2013 at 09:20 PM.. Reason: adding
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      06-10-2013, 07:05 AM   #94
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I never issue a warranty with my memory

Its what I remember. Maybe I was older. Maybe the local dealer was jacking the price. But the 30K number stuck in my head. In the late 60's remember thinking "If only I could make $20K a year, I would have it made" Then in the late 80's a CDR in the Navy told me the same line. He had made it finally with a $80K salary (including flight pay). About the equivalent of the a '69 salary of $20K in his analysis. Everything in perspective and as stated in the title, the warranty on my memory has run out. Unfortunately at this age, no extended ones offered.
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      06-10-2013, 10:35 AM   #95
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Quote:
Originally Posted by odb0089 View Post
Confirmed money factor of .00167. Should get the residual from him tomorrow.
Looks like your CA is trying to make money from you everyway possible.
With 20k/yr I would just buy it. Unless you can lease it for tax reasons.
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      06-10-2013, 10:59 AM   #96
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Well the m performance parts really stink up the deal, as PPM a and M brakes don't residualize in any meaningful way, and as you point out the mileage eats away at residual. I am leaning towards purchasing but only concern is typical maintenance/ownership cost past 100k extended warranty period. Any experience? Based on my math I would have to spend about $50k to breakeven on a lease over 10 year period (assuming I continue leasing bmw at a similar cost to this). Seems like ownership is a good bet, no?
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      06-10-2013, 12:17 PM   #97
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Quote:
Originally Posted by odb0089 View Post
Well the m performance parts really stink up the deal, as PPM a and M brakes don't residualize in any meaningful way, and as you point out the mileage eats away at residual. I am leaning towards purchasing but only concern is typical maintenance/ownership cost past 100k extended warranty period. Any experience? Based on my math I would have to spend about $50k to breakeven on a lease over 10 year period (assuming I continue leasing bmw at a similar cost to this). Seems like ownership is a good bet, no?
There have been many discussions about lease vs. buy around these forums.

Depends on a plethora of variables. Long term ownership provides the most utility to you then yes 'buying' makes sense. If having a new car every X years is important to you, then leasing is "better"...

Could you post your details in the format from the first post? So we have all of the information at hand to base feedback on. Thanks!
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      06-10-2013, 12:28 PM   #98
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any good deals in Western states? (especially for ordering 2014)
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      06-10-2013, 05:34 PM   #99
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After we ordered my car my wife wants one and this is what the dealer is giving me for a lease:
Dealer Name/ Location: Century BMW, South Carolina
Year/Model: 2013 328i
MSRP: $ 47,825
Invoice: $44,800
Options/Packages: Technology Package, Premium, Drivers Assist, Heated Seats
Cash Down: $1500 (They say this covers the fees) + $5000 trade in
Negotiated Price: $44,800
*Money Factor: 0.00157 **I don't like this and plan on arguing it should be .00127
*Lease term/Miles: 12,000/36 months
*Lease Payment: $379

This was done via email but I am not exactly happy with this so far. Please tell me if I am incorrect:
1) The fees seem too high, shouldn't they just be the $725+Doc fee (325)+ First month? They may have been rounding here though
2) We have perfect credit and the difference between .00157 and .00127 seems to be like $20 a month so I don't think I should accept anything other than .00127. Am I being too stubborn?

I plan on going by tomorrow to discuss with them so any feedback is greatly appreciated.

Thanks!
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      06-10-2013, 08:31 PM   #100
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Quote:
Originally Posted by darrena View Post
After we ordered my car my wife wants one and this is what the dealer is giving me for a lease:
Dealer Name/ Location: Century BMW, South Carolina
Year/Model: 2013 328i
MSRP: $ 47,825
Invoice: $44,800
Options/Packages: Technology Package, Premium, Drivers Assist, Heated Seats
Cash Down: $1500 (They say this covers the fees) + $5000 trade in
Negotiated Price: $44,800
*Money Factor: 0.00157 **I don't like this and plan on arguing it should be .00127
*Lease term/Miles: 12,000/36 months
*Lease Payment: $379

This was done via email but I am not exactly happy with this so far. Please tell me if I am incorrect:
1) The fees seem too high, shouldn't they just be the $725+Doc fee (325)+ First month? They may have been rounding here though
2) We have perfect credit and the difference between .00157 and .00127 seems to be like $20 a month so I don't think I should accept anything other than .00127. Am I being too stubborn?

I plan on going by tomorrow to discuss with them so any feedback is greatly appreciated.

Thanks!
Don't take anything higher than 0.00127. You can find plenty of dealers who will give you 0.00127 for that price. Doc fee is also a little high ($199).

Are you using that 5000 trade-in for cap cost reduction aka down payment? If yes, dont do it. Don't put anything DOWN, instead put that money towards 7 multiple security deposits.
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      06-10-2013, 09:37 PM   #101
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Quote:
Originally Posted by Haris View Post
Don't take anything higher than 0.00127. You can find plenty of dealers who will give you 0.00127 for that price. Doc fee is also a little high ($199).

Are you using that 5000 trade-in for cap cost reduction aka down payment? If yes, dont do it. Don't put anything DOWN, instead put that money towards 7 multiple security deposits.
Much appreciated, yes I was just reading about MSD's now based on your suggestion and it is very interesting. So paying the $5250 towards the MSD's puts my payment at ~$455. Putting it towards the principle makes my payment ~$379.

So the breakdown is:
With down payment we pay: 13644+5250 = 18894
With MSD's we pay 16380 but get the 5250 back at the end so we pay 11130.

That seems like too good of a deal to be true... Almost makes me want to change up and lease on my car...
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      06-10-2013, 11:29 PM   #102
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2013 328xi luxury line, premium pack, light pack, heated front seats and imperial blue exterior with saddle brown.

MSRP: $46,925
Invoice: $43,700
Negotiated price: $42,800

After tax, DMV, and doc fees : $46,975 OTD

Financing the bad boy. Hope I did well
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      06-11-2013, 12:22 AM   #103
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Quote:
Originally Posted by xmsirius View Post
When I was in HS, saw a 1974 BMW at the local mall w/ a $30K sticker. Thought if I could ever buy one, I would have made it. After driving many models of all types of cars over the years, this is my first BMW.

328i- no line
Premium Package
Tech Package
Dynamic Handling Package
Heated Seats
Walnut Trim

46,500 MSRP
4,300 Cap Cost Reduction
64% Residual, .000127 MF reduced further by 7 MSD's

In production. Waiting for Delivery.

I got hooked about the same (1974) when my brother bought a used BMW 2002 with the round tail lights. It took 15 years after that before I could afford one. I've been driving 5 series ever since. The current 5er is so big and unattached to the road, I am looking at F30's instead.

Congratulations on your first BMW. Drive it until the wheels fall off, sell it to a family member, and go buy another one!
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      06-11-2013, 03:07 PM   #104
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Quote:
Originally Posted by darrena View Post
Much appreciated, yes I was just reading about MSD's now based on your suggestion and it is very interesting. So paying the $5250 towards the MSD's puts my payment at ~$455. Putting it towards the principle makes my payment ~$379.

So the breakdown is:
With down payment we pay: 13644+5250 = 18894
With MSD's we pay 16380 but get the 5250 back at the end so we pay 11130.

That seems like too good of a deal to be true... Almost makes me want to change up and lease on my car...
Nope, that's right. You get the money back at the end of the lease unlike a cap cost adjustment where you are making the payments in advance...that is why that brings your payment down so much more as you are dividing less cap cost across the term of the lease.

Also:

That MF is way too high. Get that down to what its supposed to be (.00127)
Doc fee is way too high as well, again I assume that whoever is "documenting" isn't spending 8 hours to do it. Even if they did they're getting paid $40/hour ($325/8 hours) to do it? ....Get me that job please.
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      06-11-2013, 03:25 PM   #105
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Quote:
Originally Posted by phx08 View Post
Nope, that's right. You get the money back at the end of the lease unlike a cap cost adjustment where you are making the payments in advance...that is why that brings your payment down so much more as you are dividing less cap cost across the term of the lease.

Also:

That MF is way too high. Get that down to what its supposed to be (.00127)
Doc fee is way too high as well, again I assume that whoever is "documenting" isn't spending 8 hours to do it. Even if they did they're getting paid $40/hour ($325/8 hours) to do it? ....Get me that job please.
Doc fees very. In MD most dealers are $198-200 but you go around DC/Northern VA and you can see them around $3-500
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      06-11-2013, 03:33 PM   #106
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Quote:
Originally Posted by Jason335iMsport View Post
Doc fees very. In MD most dealers are $198-200 but you go around DC/Northern VA and you can see them around $3-500
Jason, why so high? Am I just being stubborn with the way that I think of "doc fees"?
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      06-11-2013, 04:44 PM   #107
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Originally Posted by phx08 View Post
Jason, why so high? Am I just being stubborn with the way that I think of "doc fees"?
I dont know why they are so high but it seems to vary by state.
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      06-13-2013, 08:25 AM   #108
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Thought i'd share this here:

Credit to Jon Shafer for providing this:

June 2014 Residuals List
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      06-13-2013, 01:15 PM   #109
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I'm at the final stage of leasing a 2013 335i build to order and need some advice.

The dealer and I have come to an agreement on terms:
Invoice+MACO ($400) +Training ($180) +$500 profit
Acquisition fee: $725
base MF: 0.00127 + MSD

I think the above is reasonable, but the dealer is refusing to waive the $150 doc fee. Am I getting a good deal already and shouldn't worry too much about the doc fee?

Should I ask for extras (winter floor mats) in substitution of the fee or would that be pushing it?

There are 4 other dealers around my area and so far this one has the best terms.
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      06-13-2013, 02:00 PM   #110
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Quote:
Originally Posted by weewee View Post
I'm at the final stage of leasing a 2013 335i build to order and need some advice.

The dealer and I have come to an agreement on terms:
Invoice+MACO ($400) +Training ($180) +$500 profit
Acquisition fee: $725
base MF: 0.00127 + MSD

I think the above is reasonable, but the dealer is refusing to waive the $150 doc fee. Am I getting a good deal already and shouldn't worry too much about the doc fee?

Should I ask for extras (winter floor mats) in substitution of the fee or would that be pushing it?



There are 4 other dealers around my area and so far this one has the best terms.
Looks like a good deal! However, for a 2013 I think you could probably push for closer to invoice. The production for 2014 is starting in 2 weeks...they are most likely willing to give bigger discounts on the 2013's to make room for the 2014's....Just my $0.02 about that.

I wouldn't worry too much about that doc fee, other people have paid HUNDREDS more.

MACO seems $50 higher than what bmwconfig has but that usually varies by region and your region may just be more. Not a biggie.

Option out your car here (Go to configurator at the top) and see what the invoice comes out to be compared to what they gave you.

And plug your numbers here to check them against the dealer. Or post them on here using the template on the first page and people can do it for you.

Good luck.

Last edited by phx08; 06-13-2013 at 02:09 PM..
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