European Delivery
#11
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My Ride: 2006 BMW 550i "Ben Hogan's 5 Iron"
SilverGrey/Black Sport, L7, NAV, CW, AS, Split FR
2003 Audi A4 3.0 CVT "Part of the Moniker"
Silver/Ebony, Prem, CW, Star 17s
![Default](https://5series.net/forums/images/icons/icon1.gif)
It was worth it to me:
1-I am leasing, I signed my lease agreement 3 days before I picked up my car and it took 4 weeks for the car to be delivered to me in the US, so in reality I only paid for 1 month without the use of the car
2-Assuming that I could get $1500 over invoice on a US delivery car, I saved $3665 on the price, but I could not find a dealer willing to give me $1500 over invoice on a US car with exactly the same equipment/color I wanted. The best I found on a 545 was $2000 off MSRP, so in reality I saved $5465.00 on the car
3-The lease is based on my ED purchase price of $53,925, but the residual is based on US MSRP of $61,390. Big savings on monthly payment, lease payment on US price discounted car would be $858.46 vs $682.58 I am paying on mine.
4-I did not spend that much on the trip, but even if I had spent 100% of what I saved on the trip , it was worth it, it was a great vacation and great experience, can't wait to do it again.
Wow,
Thats looks like a great deal. $680 a month. Was it tough getting attractive financing with the dealer? How much down and did you pay the going money rate on the 545i?
CVT Benhogan
1-I am leasing, I signed my lease agreement 3 days before I picked up my car and it took 4 weeks for the car to be delivered to me in the US, so in reality I only paid for 1 month without the use of the car
2-Assuming that I could get $1500 over invoice on a US delivery car, I saved $3665 on the price, but I could not find a dealer willing to give me $1500 over invoice on a US car with exactly the same equipment/color I wanted. The best I found on a 545 was $2000 off MSRP, so in reality I saved $5465.00 on the car
3-The lease is based on my ED purchase price of $53,925, but the residual is based on US MSRP of $61,390. Big savings on monthly payment, lease payment on US price discounted car would be $858.46 vs $682.58 I am paying on mine.
4-I did not spend that much on the trip, but even if I had spent 100% of what I saved on the trip , it was worth it, it was a great vacation and great experience, can't wait to do it again.
[snapback]73851[/snapback]
[/quote]Wow,
Thats looks like a great deal. $680 a month. Was it tough getting attractive financing with the dealer? How much down and did you pay the going money rate on the 545i?
CVT Benhogan
#13
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Join Date: May 2004
Location: Miami, FL
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Wow,
Thats looks like a great deal. $680 a month. Was it tough getting attractive financing with the dealer? How much down and did you pay the going money rate on the 545i?
CVT Benhogan
I negotiated $1500 over ED invoice and 0.0015 over money factor buy rate, I paid $525 bank fee included in price. Total cash down was:
1st month $682.58
Cap reduction $1000
Tax on cap reduction $70
Tag and license $268.15
Total $2020.73 ($1000 from BMWCCA)
Thats looks like a great deal. $680 a month. Was it tough getting attractive financing with the dealer? How much down and did you pay the going money rate on the 545i?
CVT Benhogan
[snapback]73913[/snapback]
[/quote]I negotiated $1500 over ED invoice and 0.0015 over money factor buy rate, I paid $525 bank fee included in price. Total cash down was:
1st month $682.58
Cap reduction $1000
Tax on cap reduction $70
Tag and license $268.15
Total $2020.73 ($1000 from BMWCCA)
#14
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![Default](https://5series.net/forums/images/icons/icon1.gif)
Originally Posted by gwf545' date='Dec 30 2004, 06:28 PM
CVTBenhogan, Sorry, I wasn't being clear.? I was replying to Casper.? I could see by your numbers you already had it.? I think Caspers did not.
[snapback]73871[/snapback]
#15
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My Ride: 2006 BMW 550i "Ben Hogan's 5 Iron"
SilverGrey/Black Sport, L7, NAV, CW, AS, Split FR
2003 Audi A4 3.0 CVT "Part of the Moniker"
Silver/Ebony, Prem, CW, Star 17s
![Cool](https://5series.net/forums/images/icons/icon6.gif)
Originally Posted by Casper' date='Dec 30 2004, 10:23 PM
[quote name='gwf545' date='Dec 30 2004, 06:28 PM']CVTBenhogan, Sorry, I wasn't being clear.? I was replying to Casper.? I could see by your numbers you already had it.? I think Caspers did not.
[snapback]73871[/snapback]
ED invoice
Base Price $46,545.00
Sport Package $3,005.00
Premium Sound $1,640.00
Sat radio $540.00
Destination Charge $695.00
Dealer Profit $1,500.00
Total Price $53,925.00
Details
3 years/ 36K miles
Residual 62%
Money Factor 0.00230
Sale Price $53,925.00
Cap Reduction $ 1,000.00
Bank Fee $ 525.00
Adjusted cap Cost $53,450.00
Residual Value $38,061.80 (Based on US MSRP of $61,390)
Term (months) 36
Sales tax % 7%
Monthly Payment $637.93
Sales tax $44.65
Total Payment W/Tax $682.58
Cash Down
Ist Payment $682.58
Tag and License $268.15
Tax on Cap Reduction $70.00
Cap Reduction $1,000 (Used Rebate from BMWCCA)
Total Cash Down $2,020.73
[snapback]73960[/snapback]
[/quote]Thanks alot for the info. I got some homework to do. I managed to take my wife to a dealer lot tonight to take a peak. Looking good.
![Happy](https://5series.net/forums/images/smilies/imported/happy.gif)
CVT Benhogan
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