doctors4bob

This could be dangerous BMS FS approved me for a loaded 545 @ MSRP (36/mo 12k miles lease), so now its up to me to pull the trigger.

I am so psyched.. Here is what I am looking at:
545i Orient Blue/Auburn Leather
Automatic
Premium Package
Cold Weather Package
Navigation
Sirius Satellite
Premium Sound
Rear Folding Seats
20-way comfort seats

Right now my deal is this:
~1600 inception (tax, titles, fees, no sec. deposit required)
0.00115 Money Factor ( they raise it .00015 if you want no sec deposit down )
payments 749.11/month (tax included)

any thoughts on this deal? I don't have the exact cap cost yet because this was from one dealer beating another and I added options, etc, but I imagine it is well off MSRP.

shux69

What are you putting down again? Other than that it sounds like a dope deal. They offered my around the same for a 530. Does your 545 come with sport package?

doctors4bob

no sport package, only what is listed there... for me the luxury / smooth characteristics are more important to me

0 down ( no CAP COST REDUCTION )... there are of course inception fees

here are the updated #'s, right from the dealers computer screen:

PRICE: 60,004
ACQ FEE: 625
BANK FEE: 625
MSRP: 63115

RESIDUAL: .61
Money factor: 0.00115

12k miles, 36 months
INITIAL PAYMENT: 1744.72
NET CAP COST ( PRICE + TAX ) : 61331.73
ADJ RESIDUAL: 38500.15

Monthly payment: 749.02 (incl tax)

I think thats a pretty good deal.. its $2344.00 over invoice.

anyone have any thoughts on this offer

alex123

Go for it

530iii

Tell 'em to make it 1500 over invoice!

alohalc

agree with 530iii. not hurt to try. start from $1k . good luck .

doctors4bob

I sent both dealers an offer to buy at $1200 over invoice. One dealer stood firm, the other is "open" to discussion on the price but didn't come back with a solid response. It is the end of the month, so I will let them sweat it out. I have credit approved so the ball is in my court on this. I'll keep everyone updated!

BTW - I am using the Modified Rizzo Method via Email/Internet. Keeps me off the phone (no emotion) and I can send them email offers faster than with a fax machine... Plus by dealing with their INTERNET SALES department, I find I get the smartest salespeople that are used to dealing with sophisticated customers. This truly gives me as the buyer HOME FIELD ADVANTAGE.

alohalc

getting a good deal is important but imo, finding a good dealer is more important. also one thing you have to think about is service. you may get your car from a dealer which is a bit far from your home and later on want to get service from a dealer which is a block away. they still have to service your car but they might not get you a loaner since you didn't get your car from them. so i'd rather pay a little bit more for a dealer who is willing to help and knows what they are doing. sales is the top priority for a lot of the dealers out there. they always forgot about customer service.

5 Rakete

ACQ and BANK fees? Both?

$625 is the non-marked up acquisition fee for a BMWFS lease. I believe the dealers are allowed to mark it up $200. There shouldn't be both. Getting the money factor at the base rate (0.001) is good too.

Now if you were a BMW Car Club of America member for a year you could get $1000 back as a membership reward! Yummy, just sent in my check request.


no sport package, only what is listed there... for me the luxury / smooth characteristics are more important to me

0 down ( no CAP COST REDUCTION )... there are of course inception fees

here are the updated #'s, right from the dealers computer screen:

PRICE: 60,004
ACQ FEE: 625
BANK FEE: 625
MSRP: 63115

RESIDUAL: .61
Money factor: 0.00115

12k miles, 36 months
INITIAL PAYMENT: 1744.72
NET CAP COST ( PRICE + TAX ) : 61331.73
ADJ RESIDUAL: 38500.15

Monthly payment: 749.02 (incl tax)

I think thats a pretty good deal.. its $2344.00 over invoice.

anyone have any thoughts on this offer
[/quote]

doctors4bob

Right, to be clear the deal closed at 736/mo. Don't have the adj. cap cost number yet, but I negotiated down from the 60,004 cap cost number @ 749/mo to 736/mo.

Inception Fee breakdown ( i made a mistake before)
$625 BMWFS Acq fee
$149 docs
$157.50 title
-----------------
$931.50 total inception fees
+ $736.00 initial payment
------------------
$1667.50 due

They wouldn't move on the 0.00115 MF because I opted not to put a security deposit down. I know over three years I'll pay an extra $400 or so, but having a low initial layout was more important to me.