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European Delivery

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Old 12-30-2004, 03:55 PM
  #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
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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.
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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
Old 12-30-2004, 05:22 PM
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You are stylin with the 545i!
Old 12-30-2004, 06:15 PM
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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
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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)
Old 12-30-2004, 06:23 PM
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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.
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Old 12-30-2004, 09:17 PM
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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.
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My numbers based on ED Invoice + $1500 for a 2004 545i



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
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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.

CVT Benhogan
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