Invoice pricing M3 Convertible

[Splooge911]

Getting frustrated with the dealership (whats new)

I built an M3 convertible at bmw's site and it came up to $74,275 msrp (double clutch, 19 inch rims and heated seats)

Now on edmunds and kbb they both have this car invoice at $68,495. The dealership is giving me the line "those online sites have the wrong invoice, its really $500 higher for invoice" and then they offer me $500 on top of that which is $69,495 selling price which i think is really $1000 over invoice in my eyes. I know I can get $500 over invoice based on what I'm reading on these boards. Can someone tell me if the invoice number should be $68,495 or $68,995 like the dealership is saying?

[Dice13]

Take MSRP and multiply it by.930 that should put you right at it.

[Dice13]

Originally Posted by Splooge911

Getting frustrated with the dealership (whats new)

I built an M3 convertible at bmw's site and it came up to $74,275 msrp (double clutch, 19 inch rims and heated seats)

Now on edmunds and kbb they both have this car invoice at $68,495. The dealership is giving me the line "those online sites have the wrong invoice, its really $500 higher for invoice" and then they offer me $500 on top of that which is $69,495 selling price which i think is really $1000 over invoice in my eyes. I know I can get $500 over invoice based on what I'm reading on these boards. Can someone tell me if the invoice number should be $68,495 or $68,995 like the dealership is saying?

$69.075 is right where you should be with with $74275 as msrp. BTW as your 1st post its okay to say hi and maybe give your name that be a nice start: -). If there giving it ti you for $69 k jump in it that's right near invoice.

[Splooge911]

Originally Posted by Dice13

$69.075 is right where you should be with with $74275 as msrp. BTW as your 1st post its okay to say hi and maybe give your name that be a nice start: -).

I figure people would rather me get right to the point instead of the whole intro. Yes Im new posting to this board but I have been following for a while. Currently have a 335i coupe lease thats up this month and excited about possibly getting into a m3 vert.

Thanks for the info

[Splooge911]

Here is what isn't making sense to me now. Dealership is offering $69,495 on this lease.

I have done the math 1000 times now with a lease calculator and nothing is adding up. They are telling me $782 per month with $3000 out the door.

The fees I have included are $150 plate transfer, $725 bank fee and $289 doc fees making the selling price of this car $69,495 + $1,164 = $70,659

I ran the numbers with $2250 cap cost reduction + 1st month payment. 67% residual (10k miles per year) and .0016 MF

This deal comes to $766.20 per month

Dealership keeps saying my calculator is wrong but math is math to me. How can he be at $782 with these same numbers? Am I doing something wrong or should I stand firm with my $766.20 and not give into their games of adding in an extra $500+ into this lease

I would appreciate any help with this

thanks

[Dice13]

Originally Posted by Splooge911

I figure people would rather me get right to the point instead of the whole intro. Yes Im new posting to this board but I have been following for a while. Currently have a 335i coupe lease thats up this month and excited about possibly getting into a m3 vert.

Thanks for the info

Bmw will extend your lease till car comes in once you give them production number,which dealer will gave the day you make deal with them.

[Splooge911]

Originally Posted by Dice13

Bmw will extend your lease till car comes in once you give them production number,which dealer will gave the day you make deal with them.

thanks for the info Dice. If you get a chance, please take a look at the other post above I posted about the monthly numbers they are giving me. Any help would be great

thanks

[esquire]

Originally Posted by Splooge911

Getting frustrated with the dealership (whats new)

I built an M3 convertible at bmw's site and it came up to $74,275 msrp (double clutch, 19 inch rims and heated seats)

Now on edmunds and kbb they both have this car invoice at $68,495. The dealership is giving me the line "those online sites have the wrong invoice, its really $500 higher for invoice" and then they offer me $500 on top of that which is $69,495 selling price which i think is really $1000 over invoice in my eyes. I know I can get $500 over invoice based on what I'm reading on these boards. Can someone tell me if the invoice number should be $68,495 or $68,995 like the dealership is saying?

To get your Invoice pricing .. go HERE - http://www.m3post.com/forums/showthread.php?t=427717

Start with the USA port of entry pricing, then add your options, and the final number will be invoice.

Dealerships will also charge what's called a MACO and Training fees. Truth be told, these are legitimate and inescapable fees, and dealerships lump them into their invoice. I'm not sure what these numbers are in NY, but if you call a few dealers up you should be able to get the exact number.

Depending on the year of the car, you should be able to get the car at a MAXIMUM of 500 over invoice. (When i say invoice here, I mean Invoice + Maco + Training). Really you should have no problem getting it at 300 over invoice. And if its an older car, maybe even below invoice. (Dealership will tell you it can't go below invoice, but they CAN. They have incentives and things called holdbacks that make cars sold at invoice profitable nonetheless).

Bottom line - get a better deal from these guys or walk away.

- esquire

[hbcpa]

Have the dealer provide you their screen print. All the inputs are their. Like you said, it's simple math. Either you are missing something or they are not telling you something.

Don't take the dealers sh*t. You can come down to MD and pick one up for invoice.

[FLOSS M]

are they offering you the base money factor?

[F82_SID]

I am looking at the "confidential" 2011 price sheet right now and base invoice for an E93 is 61,685. I dont know if you are trying to get invoice on options as well? What other options do you want and perhaps we can give you better numbers. IMO, fighting about 500 dollars when you are spending 70k is really going to make the difference of a drop in the bucket. I think it comes out to something like 5$ a month. But if it is worth it to you then rage on and fight the man bro!

[Splooge911]

Originally Posted by E92_SID

I am looking at the "confidential" 2011 price sheet right now and base invoice for an E93 is 61,685. I dont know if you are trying to get invoice on options as well? What other options do you want and perhaps we can give you better numbers. IMO, fighting about 500 dollars when you are spending 70k is really going to make the difference of a drop in the bucket. I think it comes out to something like 5$ a month. But if it is worth it to you then rage on and fight the man bro!

I have the monthly number where I want it. Now the negotiations are going to only change my money down. So if I can, for example, be out the door with $3000 out of pocket instead of $3400 out of pocket, thats $400 in my pocket for me. If that doesn't mean anything to you, than thats really good that $400 wasted is ok for you. Hopefully one day I can get to the point where I can leave $400 on the table and be fine about it. Until then, i'll nickle and dime them to get the deal they are trying to make me thing I'm getting

[Dice13]

Originally Posted by Splooge911

I have the monthly number where I want it. Now the negotiations are going to only change my money down. So if I can, for example, be out the door with $3000 out of pocket instead of $3400 out of pocket, thats $400 in my pocket for me. If that doesn't mean anything to you, than thats really good that $400 wasted is ok for you. Hopefully one day I can get to the point where I can leave $400 on the table and be fine about it. Until then, i'll nickle and dime them to get the deal they are trying to make me thing I'm getting

He wants,DCT,19s,heated seats.

[F82_SID]

Originally Posted by Splooge911

I have the monthly number where I want it. Now the negotiations are going to only change my money down. So if I can, for example, be out the door with $3000 out of pocket instead of $3400 out of pocket, thats $400 in my pocket for me. If that doesn't mean anything to you, than thats really good that $400 wasted is ok for you. Hopefully one day I can get to the point where I can leave $400 on the table and be fine about it. Until then, i'll nickle and dime them to get the deal they are trying to make me thing I'm getting

Hey man I wasnt trying to nock you at all for trying to get the best deal. I see what you you mean about the issue being your money down. In that case I would do the same thing.

[F82_SID]

Straight up invoice is:

61685 = car
2640 = dct
455 = heated seats
1140 = style 220m wheels

Plus:
875 dst charge
1300 GG
300 Maco
200 Training

Hope this helps

[PKL]

Originally Posted by Dice13

Take MSRP and multiply it by.930 that should put you right at it.

I'm curious why you chose 93%?

If you do the math, all the invoice pricing is consistently 91% of the MSRP.

for example:

2640/2900 = .9103 (conveniencepackage)

2275/2500 = .91 exactly (premium II)

so add up your invoicing options, then add gas guzzler and destination.

Right?

[Splooge911]

Originally Posted by E92_SID

Straight up invoice is:

61685 = car
2640 = dct
455 = heated seats
1140 = style 220m wheels

Plus:
875 dst charge
1300 GG
300 Maco
200 Training

Hope this helps

why do you have GG at $1300? isn't it $1700?

[hbcpa]

GG vert $1,700
GG coupe and sedan $1,300

[Dice13]

Originally Posted by PKL

I'm curious why you chose 93%?

If you do the math, all the invoice pricing is consistently 91% of the MSRP.

for example:

2640/2900 = .9103 (conveniencepackage)

2275/2500 = .91 exactly (premium II)

so add up your invoicing options, then add gas guzzler and destination.

Right?

I Remember a Guy posting this .930 and it came out very near what dealer quoted me on my vert. Now I wonder if I am at invoice.

Convertible, DCT,19s,premium 2, convenient pkg zcv, EDC, GG, Destination.

My quote was MSRP 79025 on the pkgs i listed, invoice that I was told was 73,493 which seems to be $173 off true invoice. It looks like dealer will need to come down $173 .

Maybe someone can figure this out for me.

MSRP on car is $79025 with my 5 options, DCT,19s , premium 2, zcv, EDC on a convertible. Should invoice be $73,320 with maco and training fee.

No cap cost, tax rolled into payment in new Jersey , I think 8% .
36 month,10 k no cap cost old MF was. 00180 dealer came up with $860 month.

Now MF is .00160 please break it down for me. Also can I use my 1k BMW GIFT towards my my fees so less out if pocket, thanks guys. All at invoice.