Was it a big mistake to cancel my 2007 for a 2008
#12
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Joined: Feb 2006
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From: NY
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Originally Posted by bmw093' post='389307' date='Feb 9 2007, 12:12 PM
I ordered an '08 528i and I got what I consider to be a pretty fair deal: $900 over invoice. I took the '07 invoice, added to it $1000 for what the estimated additional invoice would be on the '08 and added $900 to it (over invoice) to come up with what I will pay. If the new invoice is more or less than $1000, then I pay only that exact number--$1000 was just an estimate. I was told that the options should remain the same invoice price. I too almost bought an '07, and because I loved the interior changes to the '08, I put off my purchase. I got about the same deal, discount wise, I would have gotten on the '07, with a bigger engine and some nice refinement inside. I almost didn't want to say anything because I hate to jeopardize my deal, but everyone on this board is so helpful and candid, that I thought I'd let you know I was in the same boat and am very happy with my choice of the '08. Week 12 production, estimated April delivery. Good luck.
I went to look at a new, loaded 4.8 X5 recently with the wife. Cost came out to around $73K, but the monthly payment on a lease was around $1350. The MF rate was approx .00350. They had no deals yet. In 6-8 months, this rate will drop to around .00225. Probably less for a 3L. At that point, the payment will probably be in the neighborhood of $900-$1000. For giggles, the dealer even lowered the price of the car to invoice, just to show me that no matter what he did with the actual price of the car, it wouldn't drop the lease payment that much. There simply weren't any lease programs out yet that made sense for any serious buyers. The only people that would benefit right now were those that wanted to buy...which he told me was 1 out of every 10 customers that walked in each day.
#13
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Joined: Feb 2006
Posts: 14,646
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From: NY
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Originally Posted by ipp' post='389310' date='Feb 9 2007, 12:22 PM
There is no 2008 model until sept.
#15
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Joined: Nov 2004
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From: Sweden, EU
My Ride: 07' 530d - M-Sport - Titanium Silver / Black Dakota leather
08' 120i - M-Sport - Alpine White III / Black Sensatec
Originally Posted by bmw093' post='389315' date='Feb 9 2007, 06:28 PM
Not according to BMW Owners Circle and my Status 111 Ordering guide. What info do you have?
#17
Originally Posted by cmansbimmer' post='389297' date='Feb 9 2007, 08:59 AM
Yeah, your's was probably not a concern to them since you went back with your original order. However, if someone orders a 2007 then switches to a 2008, the dealer now has a 2007 on their lot that they have to sell. This is why they would keep the deposit. It'll make the buyer think twice, depending on the amount put down.
#18
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From: L.A., California
My Ride: 2013 535i (White with Oyster Interior. Premium Package, Navigation, Technology Pacakge, Park Distance Control, and Rear View Camera)
You won't be able to negotiate a discount on 2008 model when it just come out, and end up paying a lot more than 2007 model.
You might change your mind and purchase a different car by then.
You might change your mind and purchase a different car by then.
#19
Originally Posted by ipp' post='389316' date='Feb 9 2007, 12:29 PM
That it's 10 and a half month until 2008.