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      10-13-2012, 07:33 PM   #67
azzurro
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$2,500 under invoice with the USAA credit would mean that he got it for $1,000 under invoice from a dealer???? I'd have to see the sales receipt on that one. I don't think there is any dealer who would sell this car for that price unless a relative of theirs owns the dealership.

The thing is, I don't really care what other people paid at this point because I'm happy with my deal and I know I'll be happy when my car shows up. In the scheme of things, $1,000 or $1,500 isn't going to change my life one bit. If somebody gets a great deal then more power too them.

I think a lot of people get too caught up in what they paid instead of what they're going to get out of it. Price is only an issue in the absence of value.
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      10-15-2012, 08:30 PM   #68
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$1,000 under invoice, not to mention it should arrive during the holiday sale, which the salesman assured me I could apply towards my car if there was anything neat.
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      10-17-2012, 06:11 PM   #69
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where do i go to get eligibility info for the USAA credit?

only family member i know who was in the military was my cousin, and he just got out a year ago.

could i be eligible somehow if he currently is or was a member of USAA?

Last edited by MaX PL; 10-18-2012 at 07:27 AM.
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      10-17-2012, 06:21 PM   #70
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you have to be a current member of USAA (not just their banking side).
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      10-18-2012, 03:36 PM   #71
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hi everyone! i can't start a new thread yet but i'm hoping you can all help.
i'm new here and may be picking up an F30 328 tomorrow morning. I may be trading in my 2003 X5 but a good friend wants to buy it from me.

My credit is good but it dips down dramatically during the month because I have an Amex that I use for work and my bill can get really high sometimes. It affects my credit to debt ratio. I say this because last week my credit score was better than this week and I'm sure the dealer is seeing this weeks number not last weeks.

I haven't heard anything from the SA (he was off today) but earlier the business manager emailed me and said, "Congratualtions..." It was an automated type of an email.
So I guess I'm in the clear as far as the rate I was qouted? I'm suppose to pick up the car in the a.m.

Also, I feel like I may be able to do better especially since most of you are
getting the car at invoice price and I definitely did not.

Maybe because I'm a woman?

2013 328 xi
cold weather package
luxury line
lighting package
premium package
tech pkg
rearview camera
park distance control

this is a lease but i *may* buy at end if i really like the car.

term 36
miles 12k
rate 0.00175
residual 61%
lease charge $134.77
monthly deposit $402.60 ?
monthly bill $585.73

MSRP 51,245
Sale Price 49,500

Any advice or opinions would be greatly apreciated. I've owned my X for a long time so I'm rusty when it comes to car buying. I did get the $750 loyality discount but not much more.
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      10-18-2012, 04:01 PM   #72
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How about this deal

Hi folks,

This will be my first lease and my 4th BMW.

This is the deal I was offered on a:

2013 Glacier Silver - 335i M-sport, 19" Wheels, Leatherette:

MSRP: 48,345
Quote: 46,260

Lease Deal:
5k total drive off
36 months - 10k Year
Mf: .00135
Residual: ?

$476.24 + tax

$3500 MSD would lower it to 439.15 + tax

Is this a good deal? Are residual rates negotiable?

Thanks
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      10-18-2012, 04:20 PM   #73
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Residual is not negotiable...it's 65% for 10k/year.

The $2k off does not seem like a great deal. Use BMWconfig.com to build your exact car, then find out the invoice price. Most people (Before promotions) are getting $500-1000 over invoice. Then if you are eligible for any promotions (should be eligible for $750 loyalty cash I believe) that comes off that price.

That lease deal sounds high, especially with taxes up front (which should be included in your $5k drive off), but I'm not sure what your local tax rate is and if $5k is only going to cap cost reduction.

Find your invoice price, find out how much they are charging you in fees (my first dealer tacked on an extra $200 on the bank fee and insisted he couldn't change it...I left and never went back)

Learn what the numbers all mean and then be vigilant to make sure they're actually giving you the right deal. It's easy for them to disguise a low monthly payment with a high cash amount up front.

I actually found my dealer "magically" added an extra $150 onto my sale price in between the time when I ordered the car and time when I purchased it (they redid the paperwork due to me adding on the M performance grills, but were still $150 too high). If it wasn't for me whipping out the calculator I would've easily just signed the papers and not noticed.
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      10-18-2012, 05:29 PM   #74
SwnSng
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thank you very much Cyber!

Ok after doing some light research and using yahoo's calculator for lease payment:

It comes up with this, assuming 63% residual on MSRP of 48,345

and 500 over invoice which would be from bmwconfig.com 45,185

The new lease terms without acquisition fee and title and registration included would be $413 + tax.

This is without MSD.

So thank you very much, now I know what I should be shooting for.

Quote:
Originally Posted by Cyberdemon View Post
Residual is not negotiable...it's 65% for 10k/year.

The $2k off does not seem like a great deal. Use BMWconfig.com to build your exact car, then find out the invoice price. Most people (Before promotions) are getting $500-1000 over invoice. Then if you are eligible for any promotions (should be eligible for $750 loyalty cash I believe) that comes off that price.

That lease deal sounds high, especially with taxes up front (which should be included in your $5k drive off), but I'm not sure what your local tax rate is and if $5k is only going to cap cost reduction.

Find your invoice price, find out how much they are charging you in fees (my first dealer tacked on an extra $200 on the bank fee and insisted he couldn't change it...I left and never went back)

Learn what the numbers all mean and then be vigilant to make sure they're actually giving you the right deal. It's easy for them to disguise a low monthly payment with a high cash amount up front.

I actually found my dealer "magically" added an extra $150 onto my sale price in between the time when I ordered the car and time when I purchased it (they redid the paperwork due to me adding on the M performance grills, but were still $150 too high). If it wasn't for me whipping out the calculator I would've easily just signed the papers and not noticed.
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      10-18-2012, 06:26 PM   #75
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Quote:
Originally Posted by MineralWhite View Post
hi everyone! i can't start a new thread yet but i'm hoping you can all help.
i'm new here and may be picking up an F30 328 tomorrow morning. I may be trading in my 2003 X5 but a good friend wants to buy it from me.

My credit is good but it dips down dramatically during the month because I have an Amex that I use for work and my bill can get really high sometimes. It affects my credit to debt ratio. I say this because last week my credit score was better than this week and I'm sure the dealer is seeing this weeks number not last weeks.

I haven't heard anything from the SA (he was off today) but earlier the business manager emailed me and said, "Congratualtions..." It was an automated type of an email.
So I guess I'm in the clear as far as the rate I was qouted? I'm suppose to pick up the car in the a.m.

Also, I feel like I may be able to do better especially since most of you are
getting the car at invoice price and I definitely did not.

Maybe because I'm a woman?

2013 328 xi
cold weather package
luxury line
lighting package
premium package
tech pkg
rearview camera
park distance control

this is a lease but i *may* buy at end if i really like the car.

term 36
miles 12k
rate 0.00175
residual 61%
lease charge $134.77
monthly deposit $402.60 ?
monthly bill $585.73

MSRP 51,245
Sale Price 49,500

Any advice or opinions would be greatly apreciated. I've owned my X for a long time so I'm rusty when it comes to car buying. I did get the $750 loyality discount but not much more.

That is not a very good price. And regarding your credit score, your commercial FICO score isn't necessarily indicative of the scoring used for automotive purchases/leases. The use a totally different model.

Regarding pricing, you treat a lease negotiation just like a purchase. As mentioned earlier, build the exact car on BMWConfig.com to see what invoice is. It also has a nice financial calculator that allows you to play with the numbers. The current base money factor is 0.00135. They've got a pretty healthy mark-up on the number you quoted. 1 to 1.5 points is more reasonable. A major issue in PA is the damn 9% tax rate on leases (paid monthly). It's robbery, but it exacerbates the issue if you don't get the base numbers down as low as you possibly can.

On a 328i, I'd definitely try to drive it closer to $500 over invoice. There are plenty of them out there.

Also, if you have a friend who wants to buy your car, see if the dealer will do a "courtesy trade" so you can reap the benefit of the tax savings you'd realize had you traded the car in.
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      10-18-2012, 06:46 PM   #76
MineralWhite
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Quote:
Originally Posted by BavarianFanatic View Post
That is not a very good price. And regarding your credit score, your commercial FICO score isn't necessarily indicative of the scoring used for automotive purchases/leases. The use a totally different model.

Regarding pricing, you treat a lease negotiation just like a purchase. As mentioned earlier, build the exact car on BMWConfig.com to see what invoice is. It also has a nice financial calculator that allows you to play with the numbers. The current base money factor is 0.00135. They've got a pretty healthy mark-up on the number you quoted. 1 to 1.5 points is more reasonable. A major issue in PA is the damn 9% tax rate on leases (paid monthly). It's robbery, but it exacerbates the issue if you don't get the base numbers down as low as you possibly can.

On a 328i, I'd definitely try to drive it closer to $500 over invoice. There are plenty of them out there.

Also, if you have a friend who wants to buy your car, see if the dealer will do a "courtesy trade" so you can reap the benefit of the tax savings you'd realize had you traded the car in.
Thank you! We did discuss a courtesy trade but I didn't sound like I was reaping any benefits at all. How does that work exactly. I did bmwconfig and it seems that I may be around $500 above invoice? Unless I plugged too many options in.
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      10-18-2012, 07:42 PM   #77
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Quote:
Originally Posted by MineralWhite View Post
Thank you! We did discuss a courtesy trade but I didn't sound like I was reaping any benefits at all. How does that work exactly. I did bmwconfig and it seems that I may be around $500 above invoice? Unless I plugged too many options in.
You should end up with exactly the same MSRP in BMWConfig. You may be right about the courtesy trade since you're leasing.

Also, if you use the BMWConfig lease calculator, take note that you need to change the default values for MF, residual, etc. to YOUR numbers in order to get an accurate monthly. It also automatically assumes 7 additional MSDs and a down payment if I remember correctly.
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      10-19-2012, 12:18 AM   #78
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Do these fees look right to you?

2013 335i M-Sport, 19" wheels, leatherette, glacier silver

45,500 sale price on 48,345 MSRP:

36 months, 10k year

$725 acquisition fee
$85 Doc fee
$393 registration
$394 Taxes on cap cost reduction

5k down + 750 loyalty

$460 total taxes included.
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      10-19-2012, 01:42 PM   #79
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2012 335i Base (Mineral Gray) with 18" Wheels
Comes with:
Cold Weather Package
Premium Package
Technology Package (but no Apps?)

$53k, on sale down to $47k ($1500 tax, bunch of other random things)

I got $500 under ($46,500) with Oktoberfest coupon (lol).

With $3k down, $1400 trade in, and M Sport Perf Exhaust+Kidney Grilles, $717 a month for 72 months @ 3.29%.
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      10-19-2012, 02:36 PM   #80
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Quote:
Originally Posted by SwnSng View Post
2013 335i M-Sport, 19" wheels, leatherette, glacier silver

45,500 sale price on 48,345 MSRP:

36 months, 10k year

$725 acquisition fee
$85 Doc fee
$393 registration
$394 Taxes on cap cost reduction

5k down + 750 loyalty

$460 total taxes included.
Seems like a much better deal, but consider how much you're putting down up front for the cap cost reduction. Lower monthly payments are nice, and you'll save a bit in interest, but if a school bus plows into the car tomorrow you'll effectively lose all the cash you put into it. I only ended up putting down ~$1800 at signing to cover the fees and first month payment.

Is that price without MSD's? You would be better off putting that extra cash into MSD's rather than a cap cost reduction.
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      10-19-2012, 04:48 PM   #81
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What is ED and PCD?
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      10-19-2012, 04:50 PM   #82
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Quote:
Originally Posted by MineralWhite View Post
What is ED and PCD?
ED - European Delivery - in Munich

PCD - Performance Center Delivery - in South Carolina

There's a substantial savings going with ED. But you have to physically go to Munich to take delivery.
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      10-19-2012, 08:34 PM   #83
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Quote:
Originally Posted by shivaswrath View Post
2012 335i Base (Mineral Gray) with 18" Wheels
Comes with:
Cold Weather Package
Premium Package
Technology Package (but no Apps?)

$53k, on sale down to $47k ($1500 tax, bunch of other random things)

I got $500 under ($46,500) with Oktoberfest coupon (lol).

With $3k down, $1400 trade in, and M Sport Perf Exhaust+Kidney Grilles, $717 a month for 72 months @ 3.29%.
how on earth is that car 53k?
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      10-19-2012, 09:00 PM   #84
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i would like to know the invoice number to get an idea. all i hear is "below invoice..." here and there, but what is the number? i know pricing will be different from state to state but i'm just curious and trying to get an average.

it sounds like the 335 is rare yet many people are getting great deals, so that's great!
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      10-19-2012, 09:01 PM   #85
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i would like to know the invoice number to get an idea. all i hear is "below invoice..." but what is the number? i know pricing will be different from state to state but i'm just curious and trying to get an average.

it sounds like the 335 is rare yet many people are getting great deals, so that's great!
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      10-19-2012, 09:26 PM   #86
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BMWconfig.com, then spec your vehicle and it will show the invoice price.
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      10-19-2012, 09:45 PM   #87
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Finally after 9 weeks from order to delivery I picked mt '13 328 Xi today. Here what I paid:

328 X-Drive
Black Sapphire Metallic
Sport Line
Premium Pkg
Cold Weather Pkg
Driver Assist Pkg
Tech Pkg
Lighting Pkg
HK Audio
Alarm
Sport Automatic Trans
$300 below invoice with no coupons or finance specials.

Feeling pretty good for my first BMW.
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      10-19-2012, 10:05 PM   #88
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Quote:
Originally Posted by MacManVA View Post
Finally after 9 weeks from order to delivery I picked mt '13 328 Xi today. Here what I paid:

328 X-Drive
Black Sapphire Metallic
Sport Line
Premium Pkg
Cold Weather Pkg
Driver Assist Pkg
Tech Pkg
Lighting Pkg
HK Audio
Alarm
Sport Automatic Trans
$300 below invoice with no coupons or finance specials.

Feeling pretty good for my first BMW.
Nice, thats a lot of options that you added. I guess you paid around $49,600?
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