Deals on 335i and 328i
 

I went to the BMW dealership today to test drive and work out some numbers on cars I was interested in. On a 328i that I test drove, on a 36 month lease with 12k miles per year, they offered me 0 down with $564 per month. The msrp on the car was $37k, it only had the premium package. On the 335i, which was priced at $48k, they offered me 0 down and $725 per month. The 335i had everything but nav. For a trade in, they offered me $19,500 for my X, which I told them that if I gave it up for $23k, it was a steal for them. I want to know what you guys think about these deals. I personally think that they are very high. Any suggestions, advice? Thanks.

I would shop around with other dealers in the area as well as internet. And don't restrict yourself to NV. You can ask several dealers on internet for best deals.

I plan on doing this within the next few weeks, I just really wanted to test drive. There is only one other dealership, but it is owned by the same person. I am assuming that prices will not be much different.

What about if you purchase out of state, as LM suggested?
Both numbers seems a tad high.
This is in addition to the X5.......right...?

No these are without the X5. Sorry. After I heard the 19,500. I told them forget the trade in. Ill sell it on ebay, or keep it. Do you know anyone in internet sales at your dealership that I could talk to?

:confused:
I think I should have worded my quesion as: "you are replacing the X5?"
:)
Yours looks exactly how mine did, that's why I like it! You should get like 25k for it considering you don't have that many miles and you have several upgrades.
good luck

Thanks. I like it too, however the extended warranty is up in a year, and so I want to get rid of it while it has more value. But the way it is going, I might just keep it. Vegas has terrible prices. I was at a Nissan dealership once, and they offered me a base altima, for $5k down and $599 a month. I asked them how many cars I was buying for that price and then walked out. Also, many dealeships will maket adjust. They will increase prices to "adjust to the market". For example, a Jeep srt8, msrp at $45k, was "market adjusted" at $65k. So buying a car here is terrible. I guess people will pay anything.:rolleyes:

that's pretty expensive...

I know you have a 335i. Did you finance, or just pay outright?

cash since I put about 30,000 miles on my daily driver a year.

Im just looking for a car that I can just use as a dd and for school for the next few years and then dump. I went in looking for a base 328i, but then I drove the 335i, and it had so much torque and power. It was a great drive. But the numbers are too expensive on both, so back to shopping.

Maybe you can compromise and get a pre owned 330i? :)

My X is under a cpo warranty right now, and it is terrible. I am only looking to get a new car so I have the maintenaince program. However, I was checking out an Acura TL-type S. For the same price as the 328i, it was fully loaded plus 284 hp and quad pipes.:thumbup: I have no idea what I am going to do. I might even find my way over to Audi.

you can add an extended maintenance warranty on CPOs ;)

the TL type-S is nice, but front...wheel...drive!!!

Yea, I know. But for the money, it washes the 328i out.

what's the money factor? what's the residual? what's the tax rate where the car will be registered?

need all of that to know if the lease is a good deal or not.... gut feeling is that the 328 deal is a bit high and the 335i is a complete rip off. I was paying under $700 WITH tax in the lease for my '04 X5 (purchase price in the mid $50k's). The money factor must be very high now.

The money factor was .00165, I believe, and the residual was 63%. I am just looking to lease, and I know for sure that I will not be buying the vehicle. Tax is 7.75%.

OK my 335i with everything INCLUDING navi from bmwsd and 15k a year is 620 a month

Using this calculator:

http://www.edmunds.com/apps/calc/CalculatorController

Your payment should be ~ $707. ($650 bank fee and $750 acquisition fee that it won't let me zero out). So you should be under $700 for that car.

The lease factor = ~ 4% loan. (.00165x2400)

Is that including tax?

Yeah, my dealer gave me my car as listed below
-sport
-prem
-navi
-PDC
-Rear shades
-CWP
-metallic paint

Price was (guessing) 50k?
My dealer (BMW of SD)
gave me an order (if ordering car) quote of that price with 15k a year
I assumed it included tax because he made reference to a base payment almost 100.00 less, I still thought that was quite high for a 3 series

Well B-Boi, sounds like you got a great deal. As far as 3er prices, remember you're now talking about an almost $50K ride. Do you remember what 320i's cost back in 1980?

Yeah I know but I also remember how my 2003 325i (msrp 36,500) was 419.96 a month with 15k mpy, and how the X5's go for the same price as my 335i (previous generation lease rates that is), I need to check lease trader so compare

What did you put down? What was your money factor and residual, if you remember? Thanks.

I must say those numbers sound really high. With just $7,200 down on a $64,000 X5, with 15,000 miles per year, I only pay $750 a month. I did talk them down a few thousand but not enough to make that big of a dent.

I would check bmwusa.com for their lease specials. Could be that they aren't a participating dealership.

0 down, I never put any money down, no idea about those factors

Every dealership I talked to mentioned bmwusa's specials. However, that base 328i ended up being 472 a month. :dunno:

Thanks. I was just wondering. Ill use the deal you got to bring down the other offers. I had one bmw dealership call me today, and say if I wanted to take the deal they offered me. I said that I found a much better deal out of state, and made up some numbers. He said "well we dont want you to have to pay more" I told him that I was on the other line and would call him back. It is ridiculous how the dealerships try and rip you off. Cant we just buy invoice straight from the factory. :dunno: Only if it were that easy.

Well there is tax.

yea, there is. Its a bitch, isnt it?

Pay tax for everything. Pretty soon there will be an oxegen tax.

The terms of the lease are generally set by BMW and do not change dealer to dealer.

The lease is based upon the following factors:

1) Selling price or capitalized cost

2) Money factor (multiple by 24 to convert to an interest rate)

3)Term of lease

5) Residual which changes based upon mileage. The residual is a percentage of the list/sticker price of the car.


The key factor that is subject to change is the selling price, therefore it is better to just shop selling price.