$1700 below invoice?

Prissy · 10-10-2014, 03:57 PM

Hi I just got a quote for a new 2015 335i from a private dealer (the car will be ordered from a BMW "wholesale department", but this private dealer is just a middle man of finding me the best deal). Let me know what you guys think of the quote, and also what do I have to watch out for if I am using a private dealer as a middle man?

2015 335i
MSRP $57875
Selling Price: $52069 ($1700 below invoice, $500 innovation/$1000 Driving Event)

Total out the door: $1485 with transfer plate fee
Monthly payment: $575 (36mo, 10k/yr)

bill1718 · 10-10-2014, 04:27 PM

any options?

Prissy · 10-10-2014, 04:37 PM

Quote:

Originally Posted by bill1718

any options?

I picked my own options.

m6pwr · 10-10-2014, 05:30 PM

I've never heard of such a thing as a "private dealer". I think in nearly all States, dealers of any stripe must be licensed and bonded ($$$$) and their sales facility must meet certain standards (even more $$$$$). Plus I don't think BMW NA would dare undercut their dealers by selling through a "wholesale department", if there is such a thing.

My advice: Watch Your Six.

mbfanos · 10-10-2014, 06:12 PM

I was able to get a 328i for 3300$ off the invoice of 39.5k$ in May.
Yours doesn't look like a good discount to me.

bill1718 · 10-10-2014, 06:37 PM

oo alright nice options i think thats a great deal thats what i got quoted for the 335 but opted for the 4 instead and private dealers are the way to go less overhead then the dealerships

ronanz · 10-10-2014, 06:42 PM

What's the Private Dealer/Broker charging you?

bavarianride · 10-10-2014, 06:59 PM

Quote:

Originally Posted by mbfanos

I was able to get a 328i for 3300$ off the invoice of 39.5k$ in May.
Yours doesn't look like a good discount to me.

Pricing on MY14 vs. MY15 would be different.

skw · 10-10-2014, 07:01 PM

Quote:

Originally Posted by m6pwr

I've never heard of such a thing as a "private dealer". I think in nearly all States, dealers of any stripe must be licensed and bonded ($$$$) and their sales facility must meet certain standards (even more $$$$$). Plus I don't think BMW NA would dare undercut their dealers by selling through a "wholesale department", if there is such a thing.

My advice: Watch Your Six.

I've seen people getting deals from "brokers" so it could be legit.

bill1718 · 10-10-2014, 07:08 PM

Quote:

Originally Posted by mbfanos

I was able to get a 328i for 3300$ off the invoice of 39.5k$ in May.
Yours doesn't look like a good discount to me.

because its a 328

tdizzle · 10-10-2014, 07:23 PM

Quote:

Originally Posted by Prissy

Hi I just got a quote for a new 2015 335i from a private dealer (the car will be ordered from a BMW "wholesale department", but this private dealer is just a middle man of finding me the best deal). Let me know what you guys think of the quote, and also what do I have to watch out for if I am using a private dealer as a middle man?

2015 335i
MSRP $57875
Selling Price: $52069 ($1700 below invoice, $500 innovation/$1000 Driving Event)

Total out the door: $1485 with transfer plate fee
Monthly payment: $588.73 (36mo, 10k/yr)

Not sure what invoice is but I suspect that isn't closer to invoice than we'll below but just a guess. I got $4k off msrp on my 2012 335 which stickered for right at what yours is. So basically the same deal from the dealer. I didn't think I got a below invoice deal. No special offers or discounts off mine either.

Prissy · 10-10-2014, 07:33 PM

Quote:

Originally Posted by mbfanos

I was able to get a 328i for 3300$ off the invoice of 39.5k$ in May.
Yours doesn't look like a good discount to me.

It's a newly order car tho. Not just a car on the lot that already exist.

Prissy · 10-10-2014, 07:34 PM

Quote:

Originally Posted by ronanz

What's the Private Dealer/Broker charging you?

$0 lol. I am sure he gets a cut tho

m6pwr · 10-11-2014, 08:55 AM

OK. It sounds like your "private dealer" is some sort of auto broker (also required to be bonded and licensed in many States). Car dealers sometimes refer to these guys as "bird dogs". They get a kick back from the dealer or salesman for pointing the customer their way, and possibly negotiating the deal. Just make sure when it comes to closing the deal, you're working with somebody at the BMW dealer. BMW "wholesale department" is a bunch of baloney.

Prissy · 10-11-2014, 10:58 AM

Quote:

Originally Posted by m6pwr

OK. It sounds like your "private dealer" is some sort of auto broker (also required to be bonded and licensed in many States). Car dealers sometimes refer to these guys as "bird dogs". They get a kick back from the dealer or salesman for pointing the customer their way, and possibly negotiating the deal. Just make sure when it comes to closing the deal, you're working with somebody at the BMW dealer. BMW "wholesale department" is a bunch of baloney.

Yup! I am also not sure if a bmw wholesale dept really do exist either lol

drexplode · 10-11-2014, 12:38 PM

Call David Aviles at Steve Thomas BMW or PM Golffrr.

I received a similar deal on my '14 F30 335i, MSRP = $57.xk / payment = $597 includes 6% sales tax. 3yrs/10k miles, max down = $1000.

10-10-2014, 03:57 PM	#1
Prissy Brigadier General 1071 Rep 4,856 Posts Drives: M340i Join Date: Sep 2008 Location: NY iTrader: (6) Garage List 2015 BMW F30 [5.50] 2020 M340I [0.00] 2017 X3 [0.00] 2008 BMW E92 [9.00] 2010 BMW E92 [10.00]	$1700 below invoice? Hi I just got a quote for a new 2015 335i from a private dealer (the car will be ordered from a BMW "wholesale department", but this private dealer is just a middle man of finding me the best deal). Let me know what you guys think of the quote, and also what do I have to watch out for if I am using a private dealer as a middle man? 2015 335i MSRP $57875 Selling Price: $52069 ($1700 below invoice, $500 innovation/$1000 Driving Event) Total out the door: $1485 with transfer plate fee Monthly payment: $575 (36mo, 10k/yr) Last edited by Prissy; 10-13-2014 at 10:48 PM..
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10-10-2014, 04:27 PM	#2
bill1718 Lieutenant 19 Rep 463 Posts Drives: 2015 F32 435i ///Msport Join Date: Apr 2011 Location: Staten I$land iTrader: (1)	any options?
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10-10-2014, 05:30 PM	#4
m6pwr First Lieutenant 38 Rep 374 Posts Drives: '14 335i M sport Join Date: Oct 2008 Location: San Diego, CA iTrader: (0)	I've never heard of such a thing as a "private dealer". I think in nearly all States, dealers of any stripe must be licensed and bonded ($$$$) and their sales facility must meet certain standards (even more $$$$$). Plus I don't think BMW NA would dare undercut their dealers by selling through a "wholesale department", if there is such a thing. My advice: Watch Your Six. __________________ '14 328d, '13 M3 ZCP, '12 535i, '11 335d, '09 Z4 DINAN Stage II, '05 330i ZHP, '05 M3 ZCP, '02 M3, '91 328i, '90 535i, '88 528e, '88 M5, '87 M6, '95 Z3, 95 M3, '93 M5, '87 325e, '89 535i, '86 635i, '73 Bavaria.
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10-10-2014, 06:12 PM	#5
mbfanos Second Lieutenant 55 Rep 261 Posts Drives: 330i G20 Join Date: May 2014 Location: California iTrader: (0)	I was able to get a 328i for 3300$ off the invoice of 39.5k$ in May. Yours doesn't look like a good discount to me.
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10-10-2014, 06:37 PM	#6
bill1718 Lieutenant 19 Rep 463 Posts Drives: 2015 F32 435i ///Msport Join Date: Apr 2011 Location: Staten I$land iTrader: (1)	oo alright nice options i think thats a great deal thats what i got quoted for the 335 but opted for the 4 instead and private dealers are the way to go less overhead then the dealerships
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10-10-2014, 06:42 PM	#7
ronanz Gettin It Figured Out 1820 Rep 2,669 Posts Drives: 435i FBO PS2 bm3 w/ options Join Date: Jul 2014 Location: Southwest Region iTrader: (3)	What's the Private Dealer/Broker charging you?
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10-11-2014, 08:55 AM	#14
m6pwr First Lieutenant 38 Rep 374 Posts Drives: '14 335i M sport Join Date: Oct 2008 Location: San Diego, CA iTrader: (0)	OK. It sounds like your "private dealer" is some sort of auto broker (also required to be bonded and licensed in many States). Car dealers sometimes refer to these guys as "bird dogs". They get a kick back from the dealer or salesman for pointing the customer their way, and possibly negotiating the deal. Just make sure when it comes to closing the deal, you're working with somebody at the BMW dealer. BMW "wholesale department" is a bunch of baloney. __________________ '14 328d, '13 M3 ZCP, '12 535i, '11 335d, '09 Z4 DINAN Stage II, '05 330i ZHP, '05 M3 ZCP, '02 M3, '91 328i, '90 535i, '88 528e, '88 M5, '87 M6, '95 Z3, 95 M3, '93 M5, '87 325e, '89 535i, '86 635i, '73 Bavaria.
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10-11-2014, 12:38 PM	#16
drexplode Brigadier General 1785 Rep 3,066 Posts Drives: G26 i4x Join Date: Jul 2007 Location: Walled Lake Michigan iTrader: (17)	Call David Aviles at Steve Thomas BMW or PM Golffrr. I received a similar deal on my '14 F30 335i, MSRP = $57.xk / payment = $597 includes 6% sales tax. 3yrs/10k miles, max down = $1000.
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