[Official] Post Your Deals! / Feedback On Your Quotes

jasnh · 07-03-2013, 04:45 PM

Quote:

Originally Posted by mntbiker

This is an excellent deal! Less than $500 over invoice and no markup on any of the fees. Nice work!

Thanks...I'm pretty happy with the deal...I read a lot of threads on this site and Bimmerfest about what the fees, RV and MF should be...got some good advice, did my homework...negotiated over e-mail before I went in to talk to the dealer.

E92Carrera · 07-03-2013, 04:47 PM

Quote:

Originally Posted by jasnh

I would ask them for more details, including:

Money Factor (should be .00127 base)
Residual Value (should be 61%)
Acquisition Fee (most dealers try to get $925, but $725 is the real number)
Doc Fees
Other Fees (ask for details)
Taxes

With this information, you can check the numbers using this calculator http://www.leasetrader.com/car-lease-calculator/

Where are you getting it should be 61%, it's 58% for residual on MY14?

jasnh · 07-03-2013, 04:49 PM

Quote:

Originally Posted by E92Carrera

Where are you getting it should be 61%, it's 58% for residual on MY14?

My bad...you're right..sorry...61% is for MY13

jetbill · 07-04-2013, 06:33 AM

Someone needs to sticky the new rate sheet....

crazybmw · 07-04-2013, 08:11 AM

I was told by 2 BMW dealerships that MF 0.00127 is for "them", both used 0.00167 to come up with monthly payment (before using MSD etc...)

crazybmw · 07-04-2013, 08:35 AM

May not be new to you guys but just learned from insider

MSRP less 7.5% will give you ball park for invoice for any BMW !
use this: $MSRP / (divide) by 1.075= invoice
I don't agree with this being invoice, but this is what they use to reduce the price to present it to you as "discount" .

crazybmw · 07-04-2013, 08:46 AM

Does anyone know if BMW incentives can be applied to lease a loaner car?

Haris · 07-04-2013, 10:19 AM

Quote:

Originally Posted by crazybmw

I was told by 2 BMW dealerships that MF 0.00127 is for "them", both used 0.00167 to come up with monthly payment (before using MSD etc...)

Find another dealer. I know one in MD that my co-worker used. Gave him a great price at base MF without any BS fees. David Aviles @ Northwest BMW.

Quote:

Originally Posted by crazybmw

May not be new to you guys but just learned from insider

MSRP less 7.5% will give you ball park for invoice for any BMW !
use this: $MSRP / (divide) by 1.075= invoice
I don't agree with this being invoice, but this is what they use to reduce the price to present it to you as "discount" .

Just use bmwconfig.com to get the invoice price.

crazybmw · 07-04-2013, 12:32 PM

[QUOTE=Haris;14269457]Find another dealer. I know one in MD that my co-worker used. Gave him a great price at base MF without any BS fees. David Aviles @ Northwest BMW.

Thanks, I'll give him a shout.

joepimentel · 07-04-2013, 03:53 PM

What do you guys think of this quote that I got from BMW of Manhattan?

Specs
2013 328i xDrive
Imperial Blue Metallic
Silver Matte Trim
Black Leatherette
17" light alloy wheels Star-spoke style 393
Moonroof
Heated front seats
Navigation System
Driver Assistance Package

Price (including MACO and Training, as per Edmunds and BMWConfig)
Invoice: $42,790.00
M.S.R.P.: $45,925.00

Lease Offer (as per the quote print out that they gave me)
Residual: 64%
L.E.V.: $29,392.00
Term: 36
MF Rate: 0.0012
Cash Down: Blank
Rebate: Blank

Total Sales Tax: $1,481.86
Initial Cap Cost: $42,310.00
Adjusted Cap Cost: $43.732.00
Base Monthly Payment: $486.11

Total Annual Fees: $200.00
Total Initial Fees: $897.50
Amount Due At Start: $1642.52

I'm putting $0 down and financing my taxes. One thing I noticed as I typed this all out that currently BMW is offering a $1000 "Build Out Credit" (and I did mention it to him a few times, which he acknowledged) but I don't see that in the quote that he gave me. I thought it would be under the "Rebate" section . Am I not getting it and somehow they're absorbing that credit for themselves as additional profit?

Haris · 07-05-2013, 07:30 AM

Quote:

Originally Posted by joepimentel

What do you guys think of this quote that I got from BMW of Manhattan?

Specs
2013 328i xDrive
Imperial Blue Metallic
Silver Matte Trim
Black Leatherette
17" light alloy wheels Star-spoke style 393
Moonroof
Heated front seats
Navigation System
Driver Assistance Package

Price (including MACO and Training, as per Edmunds and BMWConfig)
Invoice: $42,790.00
M.S.R.P.: $45,925.00

Lease Offer (as per the quote print out that they gave me)
Residual: 64%
L.E.V.: $29,392.00
Term: 36
MF Rate: 0.0012
Cash Down: Blank
Rebate: Blank

Total Sales Tax: $1,481.86
Initial Cap Cost: $42,310.00
Adjusted Cap Cost: $43.732.00
Base Monthly Payment: $486.11

Total Annual Fees: $200.00
Total Initial Fees: $897.50
Amount Due At Start: $1642.52

I'm putting $0 down and financing my taxes. One thing I noticed as I typed this all out that currently BMW is offering a $1000 "Build Out Credit" (and I did mention it to him a few times, which he acknowledged) but I don't see that in the quote that he gave me. I thought it would be under the "Rebate" section . Am I not getting it and somehow they're absorbing that credit for themselves as additional profit?

Looks like your dealer is selling the car for 43,310, which is 520 above BMWConfig invoice. Then he is applying the $1000 build-out rebate on it.

Ali.K_BMW · 07-05-2013, 10:07 AM

Quote:

Originally Posted by crazybmw

May not be new to you guys but just learned from insider

MSRP less 7.5% will give you ball park for invoice for any BMW !
use this: $MSRP / (divide) by 1.075= invoice
I don't agree with this being invoice, but this is what they use to reduce the price to present it to you as "discount" .

7.5% is incorrect.

joepimentel · 07-05-2013, 10:11 AM

Quote:

Originally Posted by Haris

Looks like your dealer is selling the car for 43,310, which is 520 above BMWConfig invoice. Then he is applying the $1000 build-out rebate on it.

That explanation makes sense. Thanks!

So I guess I'm getting a good deal since I constantly read that $500 over invoice is what people usually shoot for?

bmrm396 · 07-05-2013, 11:13 PM

whats the Build Out Credit?

So heres my deal so far. i feel like im getting a good deal but the payments still seem high for an ED. suggestions welcome ...

US MSRP = 51950
Selling price = 46740 (incl 925 acq fee)

MF = .000157 (rem its ED)
Resid = 61%
36mo/10k yr

no cash down and no rebate

EDIT: Quick question about ED - i understand you lock in the car deal before you go but dont you have another option to take advantage of better rates when the car's delivered or something? can some please explain that. thx

KaffineKiller · 07-08-2013, 07:25 PM

Dealer Name/ Location: BMW of Mt. Kisco NY
Year/Model: 2014 335i
MSRP: $52,250
Invoice: $49,350
Options/Packages: Technology Package, Rear View, PDC, Harmon Kardon
Cash Down: $3,900
Negotiated Price: $45,650
*Money Factor: 0.00127
*Lease term/Miles: 15,000/36 months
*Lease Payment: $559.30
Other Pertinent Information:

$2900 off of MSRP
$1000 for completing BMW Drive on July 30th
$500 for BMW Loyalty
Total $4400 off MSRP

Am I getting a good deal? $2200 of the $3900 is cash down to lower my monthly payment. So if you remove that $2200, and only pay the $1700 for tax, title, reg and other fees, my payment would be $620.90 per month. Thank you for your help.

Maximus_850csi · 07-08-2013, 07:53 PM

Quote:

Originally Posted by KaffineKiller

Dealer Name/ Location: BMW of Mt. Kisco NY
Year/Model: 2014 335i
MSRP: $52,250
Invoice: $49,350
Options/Packages: Technology Package, Rear View, PDC, Harmon Kardon
Cash Down: $3,900
Negotiated Price: $45,650
*Money Factor: 0.00127
*Lease term/Miles: 15,000/36 months
*Lease Payment: $559.30
Other Pertinent Information:

$2900 off of MSRP
$1000 for completing BMW Drive on July 30th
$500 for BMW Loyalty
Total $4400 off MSRP

Am I getting a good deal? $2200 of the $3900 is cash down to lower my monthly payment. So if you remove that $2200, and only pay the $1700 for tax, title, reg and other fees, my payment would be $620.90 per month. Thank you for your help.

Have you considered putting down MSDs? That would bring your payment down too and it is refundable. All in all I think you can do better with the negotiated price.

BL 5 · 07-08-2013, 08:14 PM

Here's MSRP and Invoice for my 2014 335i xdrive on Euro Delivery.

This one was built with every option.

Hope this helps.

Pauleebe · 07-08-2013, 09:06 PM

Quote:

Originally Posted by Ali@BMWMt.laurel

7.5% is incorrect.

It's not perfectly correct, you're right.

But it's actually fairly close, since the markup is 7-8% for the F30, depending on the profit margin of that particular vehicle and equipment.

My margin was 7.4% exactly.

But the exact specific best bet is really to just go to BMW config to figure out invoice.

boulderado · 07-08-2013, 11:07 PM

Year/Model: 2014 428i xDrive
MSRP: $49,600
Options/Packages: Mineral Grey, Cold Weather Package, Driver Assistance Package, Dynamic Handling Package, Sport Line, HK Sound System
Negotiated Price: $47,195 (including the $1000 off with the Ultimate Driving Event participation)
*Money Factor: 0.00127
*Residual Value: 65% for 30 months/30k miles

KaffineKiller · 07-09-2013, 05:47 AM

Quote:

Originally Posted by Maximus_850csi

Have you considered putting down MSDs? That would bring your payment down too and it is refundable. All in all I think you can do better with the negotiated price.

I decided against MSDs because I love the way BMW drives, and realistically will continue to buy and lease BMWs for a long time. If I put down an MSD, it basically will be money gone for a long time, since I will keep rolling over the money.

Quote:

Originally Posted by BL 5

Here's MSRP and Invoice for my 2014 335i xdrive on Euro Delivery.

This one was built with every option.

Hope this helps.

It does and it doesn't.....I still can't really figure out if I am getting a "good" deal or not. It does seem like you pulled out alright though!

Pauleebe · 07-09-2013, 10:28 AM

Quote:

Originally Posted by KaffineKiller

Dealer Name/ Location: BMW of Mt. Kisco NY
Year/Model: 2014 335i
MSRP: $52,250
Invoice: $49,350
Options/Packages: Technology Package, Rear View, PDC, Harmon Kardon
Cash Down: $3,900
Negotiated Price: $45,650
*Money Factor: 0.00127
*Lease term/Miles: 15,000/36 months
*Lease Payment: $559.30
Other Pertinent Information:

$2900 off of MSRP
$1000 for completing BMW Drive on July 30th
$500 for BMW Loyalty
Total $4400 off MSRP

Am I getting a good deal? $2200 of the $3900 is cash down to lower my monthly payment. So if you remove that $2200, and only pay the $1700 for tax, title, reg and other fees, my payment would be $620.90 per month. Thank you for your help.

2014 335 only increased $50, so the invoice should be nearly identical to the 2013 version.

For reference the 328 increased $200.

elusive · 07-09-2013, 01:52 PM

Quote:

Originally Posted by boulderado

Year/Model: 2014 428i xDrive
MSRP: $49,600
Options/Packages: Mineral Grey, Cold Weather Package, Driver Assistance Package, Dynamic Handling Package, Sport Line, HK Sound System
Negotiated Price: $47,195 (including the $1000 off with the Ultimate Driving Event participation)
*Money Factor: 0.00127
*Residual Value: 65% for 30 months/30k miles

That's ~$2000 above invoice before your incentive. Negotiate $500-$1000 above invoice, and then factor in your incentive.

07-04-2013, 06:33 AM	#136
jetbill Captain 199 Rep 883 Posts Drives: G80 M3 Join Date: Feb 2012 Location: FL iTrader: (7)	Someone needs to sticky the new rate sheet.... __________________ .
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07-04-2013, 08:11 AM	#137
crazybmw New Member 0 Rep 12 Posts Drives: 2011 328 Convertible Join Date: Jun 2013 Location: Maryland iTrader: (0)	I was told by 2 BMW dealerships that MF 0.00127 is for "them", both used 0.00167 to come up with monthly payment (before using MSD etc...)
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07-04-2013, 08:35 AM	#138
crazybmw New Member 0 Rep 12 Posts Drives: 2011 328 Convertible Join Date: Jun 2013 Location: Maryland iTrader: (0)	May not be new to you guys but just learned from insider MSRP less 7.5% will give you ball park for invoice for any BMW ! use this: $MSRP / (divide) by 1.075= invoice I don't agree with this being invoice, but this is what they use to reduce the price to present it to you as "discount" .
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07-04-2013, 08:46 AM	#139
crazybmw New Member 0 Rep 12 Posts Drives: 2011 328 Convertible Join Date: Jun 2013 Location: Maryland iTrader: (0)	Does anyone know if BMW incentives can be applied to lease a loaner car?
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07-04-2013, 12:32 PM	#141
crazybmw New Member 0 Rep 12 Posts Drives: 2011 328 Convertible Join Date: Jun 2013 Location: Maryland iTrader: (0)	[QUOTE=Haris;14269457]Find another dealer. I know one in MD that my co-worker used. Gave him a great price at base MF without any BS fees. David Aviles @ Northwest BMW. Thanks, I'll give him a shout.
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07-04-2013, 03:53 PM	#142
joepimentel Private 76 Rep 67 Posts Drives: 2020 M340i Join Date: Jul 2013 Location: New York iTrader: (0)	What do you guys think of this quote that I got from BMW of Manhattan? Specs 2013 328i xDrive Imperial Blue Metallic Silver Matte Trim Black Leatherette 17" light alloy wheels Star-spoke style 393 Moonroof Heated front seats Navigation System Driver Assistance Package Price (including MACO and Training, as per Edmunds and BMWConfig) Invoice: $42,790.00 M.S.R.P.: $45,925.00 Lease Offer (as per the quote print out that they gave me) Residual: 64% L.E.V.: $29,392.00 Term: 36 MF Rate: 0.0012 Cash Down: Blank Rebate: Blank Total Sales Tax: $1,481.86 Initial Cap Cost: $42,310.00 Adjusted Cap Cost: $43.732.00 Base Monthly Payment: $486.11 Total Annual Fees: $200.00 Total Initial Fees: $897.50 Amount Due At Start: $1642.52 I'm putting $0 down and financing my taxes. One thing I noticed as I typed this all out that currently BMW is offering a $1000 "Build Out Credit" (and I did mention it to him a few times, which he acknowledged) but I don't see that in the quote that he gave me. I thought it would be under the "Rebate" section . Am I not getting it and somehow they're absorbing that credit for themselves as additional profit?
	Appreciate 0 Quote

07-05-2013, 11:13 PM	#146
bmrm396 Lieutenant Colonel 640 Rep 1,716 Posts Drives: 2018 F80 M3cs Join Date: Sep 2008 Location: sD, CA iTrader: (2)	whats the Build Out Credit? So heres my deal so far. i feel like im getting a good deal but the payments still seem high for an ED. suggestions welcome ... US MSRP = 51950 Selling price = 46740 (incl 925 acq fee) MF = .000157 (rem its ED) Resid = 61% 36mo/10k yr no cash down and no rebate EDIT: Quick question about ED - i understand you lock in the car deal before you go but dont you have another option to take advantage of better rates when the car's delivered or something? can some please explain that. thx __________________ Formerly addicted to e46fanatics Formerly addicted to e90post Last edited by bmrm396; 07-06-2013 at 02:24 PM..
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07-08-2013, 07:25 PM	#147
KaffineKiller Captain 62 Rep 891 Posts Drives: 2023 X5M Comp Join Date: Dec 2010 Location: Oakland NJ iTrader: (5) Garage List 2013 F10 535 [0.00] 2014 BMW F30 335i [0.00] 2008 335i [9.50]	looking for feedback ASAP Dealer Name/ Location: BMW of Mt. Kisco NY Year/Model: 2014 335i MSRP: $52,250 Invoice: $49,350 Options/Packages: Technology Package, Rear View, PDC, Harmon Kardon Cash Down: $3,900 Negotiated Price: $45,650 Money Factor: 0.00127 Lease term/Miles: 15,000/36 months *Lease Payment: $559.30 Other Pertinent Information: $2900 off of MSRP $1000 for completing BMW Drive on July 30th $500 for BMW Loyalty Total $4400 off MSRP Am I getting a good deal? $2200 of the $3900 is cash down to lower my monthly payment. So if you remove that $2200, and only pay the $1700 for tax, title, reg and other fees, my payment would be $620.90 per month. Thank you for your help. __________________ 2013 535ix
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07-08-2013, 08:14 PM	#149
BL 5 Private First Class 35 Rep 197 Posts Drives: 2015 i3 REx, 2018 Tesla P3D Join Date: Aug 2011 Location: WA iTrader: (0)	Here's MSRP and Invoice for my 2014 335i xdrive on Euro Delivery. This one was built with every option. Hope this helps. Attached Images
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07-08-2013, 11:07 PM	#151
boulderado Private First Class 17 Rep 176 Posts Drives: 428i xDrive Join Date: Jun 2013 Location: Boulder, CO iTrader: (0)	Year/Model: 2014 428i xDrive MSRP: $49,600 Options/Packages: Mineral Grey, Cold Weather Package, Driver Assistance Package, Dynamic Handling Package, Sport Line, HK Sound System Negotiated Price: $47,195 (including the $1000 off with the Ultimate Driving Event participation) Money Factor: 0.00127 Residual Value: 65% for 30 months/30k miles Last edited by boulderado; 07-09-2013 at 12:48 PM..
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