BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > M3 (E90 / E92 / E93) > New and Preowned M3 Pricing, Ordering, Tracking / European Delivery / Dealer Reviews
 
Post Reply
 
Thread Tools Search this Thread
      01-10-2013, 06:22 PM   #1
scm6079
First Lieutenant
scm6079's Avatar
United_States
12
Rep
345
Posts

 
Drives: '13 M3, Lotus Exige S260
Join Date: Oct 2006
Location: Phoenix, AZ

iTrader: (0)

Buy it or run? Anyone actually lease for sticker price?

Local dealer is telling me they sell all their M3s at MSRP or ABOVE. Seems hard to believe, but they are conveniently located and were good to work with for my last car.

The car:
2013 M3 Coupe, MSRP $76,945 (A73 Jerez Black, NDSW, ZCP, ZPP, etc..)
Tint and black grills incl.

The deals:
$3,000 drive off + $1,160/mo incl. taxes (~$1,060 before taxes)

Thoughts? Seemed high to me based on bmwconfig, but I have not bought a new M3 before.

Thanks in advance!
Appreciate 0
      01-10-2013, 06:27 PM   #2
THE TECH
BimmerPost Supporting Vendor
THE TECH's Avatar
United_States
157
Rep
13,121
Posts


 
Drives: BPMsport 2012 E92 M3
Join Date: Jun 2011
Location: Kansas

iTrader: (45)

Garage List
Send a message via AIM to THE TECH Send a message via Skype™ to THE TECH
You need to contact Ryan at Steve Thomas.
__________________
Appreciate 0
      01-10-2013, 07:28 PM   #3
BMWDavid
BimmerPost Supporting Vendor
BMWDavid's Avatar
United_States
19
Rep
690
Posts


 
Drives: M3 ZCP Fire Orange
Join Date: Apr 2006
Location: All of USA! Every BMW! Steve Thomas BMW

iTrader: (0)

Garage List
2011 BMW M3 Sedan  [0.00]
2005(sold but not f ...  [5.00]
2006 X3  [0.00]
1984 633csi  [0.00]
Quote:
Originally Posted by scm6079 View Post
Local dealer is telling me they sell all their M3s at MSRP or ABOVE. Seems hard to believe, but they are conveniently located and were good to work with for my last car.

The car:
2013 M3 Coupe, MSRP $76,945 (A73 Jerez Black, NDSW, ZCP, ZPP, etc..)
Tint and black grills incl.

The deals:
$3,000 drive off + $1,160/mo incl. taxes (~$1,060 before taxes)

Thoughts? Seemed high to me based on bmwconfig, but I have not bought a new M3 before.

Thanks in advance!
That's not a good deal. Let me know if I can help

Regards,

David
__________________
David ///M Aviles
Steve Thomas BMW
European Delivery | Performance Center | BMW Individual
Save Time and $ on ANY BMW anywhere in the USA. 202-262-2900

Get your Ultimate Quote here! -->www.bimmerdavid.com
Appreciate 0
      01-10-2013, 07:32 PM   #4
LightWerkz
Banned
13
Rep
534
Posts

 
Drives: E90 M3
Join Date: May 2007
Location: Oakland, NJ

iTrader: (1)

run...never pay msrp
Appreciate 0
      01-10-2013, 07:34 PM   #5
dilsere2
Private
dilsere2's Avatar
United_States
3
Rep
80
Posts

 
Drives: 2013 E92 M3
Join Date: Nov 2005
Location: Wilmington, DE

iTrader: (0)

Slap that dealer on his face...msrp or above...I got mine $1200 below invoice for my 2013 m3 with all discounts. i picked up my car in Mid november..
I hate working with local dealership...however I go there only for service.
__________________
Current Driving - 2013 E92 M3
Mineral White/Black Leather
Appreciate 0
      01-10-2013, 07:56 PM   #6
Darth One
Former yr 1of1 owner
Darth One's Avatar
United_States
11
Rep
1,109
Posts

 
Drives: SGM E90
Join Date: Jul 2008
Location: FL

iTrader: (0)

i'd never deal with a dealer who said they would only sell me a car at MSRP or above. i'd feel so disrespected that they think i'm that stupid
Appreciate 0
      01-10-2013, 08:22 PM   #7
Curt2000
Colonel
Curt2000's Avatar
United_States
70
Rep
2,563
Posts

 
Drives: '13 ///M3
Join Date: Jun 2007
Location: Sin City

iTrader: (24)

Configure your car at truecar.com to figure out invoice with options and to see what others are paying in your area then head over to bimmerfest-ask a dealer section to see what the latest residuals and incentives are from Jon Schaefer, then head to ridewithg.com to find out MF and use their calculator for a rough wag at what the payment should be.

I made my own lease calculator that is closely modeled after most dealerships pricing tools and Im able to get within about $1 on payment quotes.

I've dealt with a lot of dealers in the past using this process and have caught many of them trying to inflate my MF, add hidden fees, hide incentive money etc...

I will only deal with Steve Thomas BMW from now-on when purchasing new BMWs because they are strait forward and offer a great price up-front. Kind of takes the fun out of haggling because they are so reasonable!
__________________

Current Car: '13 SANTORINI BLUE E92///M3--6MT/Speed Cloth/ZCP (ED Thread)
Former Cars:'10 E90 335i MSport / '07 Interlagos ///M5 / '09 135i / '10 E93 335i
Instagram: @C2KMotorsports
Appreciate 0
      01-10-2013, 08:29 PM   #8
etrillion
Second Lieutenant
2
Rep
237
Posts

 
Drives: 2013 E92 M3
Join Date: Oct 2012
Location: NJ

iTrader: (1)

run
Appreciate 0
      01-10-2013, 08:56 PM   #9
Curt2000
Colonel
Curt2000's Avatar
United_States
70
Rep
2,563
Posts

 
Drives: '13 ///M3
Join Date: Jun 2007
Location: Sin City

iTrader: (24)

Turecar says invoice is 71,415 for your options and average paid in Phoenix is 73,626. Assuming you qualify for loyalty you should account for $1500 BMW incentive plus $750 loyalty to go towards your down payment.

I'm showing that if you got the car for the average price paid around your area you should be at around $900/m before tax with ZERO money down...you should be able to easily get $1k over invoice minus incentives which would bring you down to around $875/m before tax and fees with no money out of pocket...

3 grand out of pocket and 1K + monthly payment with the current incentives is a raping!!!!
__________________

Current Car: '13 SANTORINI BLUE E92///M3--6MT/Speed Cloth/ZCP (ED Thread)
Former Cars:'10 E90 335i MSport / '07 Interlagos ///M5 / '09 135i / '10 E93 335i
Instagram: @C2KMotorsports
Appreciate 0
      01-10-2013, 09:03 PM   #10
WingZeroX5
Major
WingZeroX5's Avatar
United_States
13
Rep
1,186
Posts

 
Drives: 09 E90 M3
Join Date: Mar 2010
Location: New Hampshire

iTrader: (9)

tell them to go play in traffic
__________________
Appreciate 0
      01-10-2013, 09:57 PM   #11
slicer
Brigadier General
slicer's Avatar
61
Rep
3,935
Posts

 
Drives: '13 E92 M3
Join Date: Jan 2009
Location: San Diego, CA

iTrader: (19)

Contact Francesca at Steve Thomas BMW. No hassle and much lower pricing than you were quoted...
__________________
ALL PARTS FOR SALE (click links and/or Send me a PM) -
KW Clubsport 3-way, Mode Carbon GTS Wing, BMW Pedals Billet Extended DCT Paddles, Advan TC3 (9.5/10.5), Planted E92 Floor Mounts, Schroth Quick Fit Pro Harnesses (Red - E82/E90/E92 Version)
Appreciate 0
      01-10-2013, 11:30 PM   #12
scm6079
First Lieutenant
scm6079's Avatar
United_States
12
Rep
345
Posts

 
Drives: '13 M3, Lotus Exige S260
Join Date: Oct 2006
Location: Phoenix, AZ

iTrader: (0)

Thanks everyone! Great info. Curt2000 - very useful.

The deal didn't seem right - I'm glad I'm not crazy. I called a couple dealers that showed stock online (Las Vegas/Utah) -- and both had MUCH more reasonable deals before even attempting any negotiation.

I'm going to run from this deal - but before I tell North Scottsdale to pound sand - I may try to talk to a different sales person and see if they can make a reasonable offer. Part of me wants to tell the dealership off after the back-and-forth I've had today. On top of the high pricing, I couldn't get any actual number details (final sales price, lease turn in expense, money factor, etc.) beyond the monthly cost/drive off costs even after asking repeatedly. Really frustrating experience.

Assuming that goes the way of the other conversations with them, I'll be reaching out to the names given on this thread -- thanks!
Appreciate 0
      01-11-2013, 12:28 AM   #13
F30Alpine
Private
F30Alpine's Avatar
United_States
0
Rep
71
Posts

 
Drives: Alpine3
Join Date: Dec 2012
Location: United States

iTrader: (0)

Quote:
Originally Posted by scm6079 View Post
Thanks everyone! Great info. Curt2000 - very useful.

The deal didn't seem right - I'm glad I'm not crazy. I called a couple dealers that showed stock online (Las Vegas/Utah) -- and both had MUCH more reasonable deals before even attempting any negotiation.

I'm going to run from this deal - but before I tell North Scottsdale to pound sand - I may try to talk to a different sales person and see if they can make a reasonable offer. Part of me wants to tell the dealership off after the back-and-forth I've had today. On top of the high pricing, I couldn't get any actual number details (final sales price, lease turn in expense, money factor, etc.) beyond the monthly cost/drive off costs even after asking repeatedly. Really frustrating experience.

Assuming that goes the way of the other conversations with them, I'll be reaching out to the names given on this thread -- thanks!
Danimal @ Num1, he sells every car under invoice
__________________
Quote:
Originally Posted by MWM1166
Long story short. He was a huge black male. Probably 6'2" or taller and 250 lbs. He was angry as hell, and I am a tiny 5'4 white male. So, I did the only thing I could, I threw my car into reverse and no one was behind me, and I drove thru the red light as I went around him.
Appreciate 0
      01-11-2013, 11:31 AM   #14
gr0n
New Member
gr0n's Avatar
United_States
0
Rep
14
Posts

 
Drives: 2013 AW E92 M3
Join Date: Jan 2013
Location: Columbus, OH

iTrader: (0)

Garage List
2013 BMW M3  [0.00]
I'll pile on here and say run from that deal! I qualified for $3250 in incentives (loyalty, lease credit, USAA) on top of negotiating a price that was well under MSRP. I had a similar experience with a local dealer, and realized that if you want to save thousands it would behoove you to shop around.

-Mike
Appreciate 0
      01-11-2013, 01:30 PM   #15
scm6079
First Lieutenant
scm6079's Avatar
United_States
12
Rep
345
Posts

 
Drives: '13 M3, Lotus Exige S260
Join Date: Oct 2006
Location: Phoenix, AZ

iTrader: (0)

Anyone know where to find the current money factors and a reasonable amount from invoice to offer for a car sent from another dealer?

The other local dealer is saying .0017 is the best money factor right now. I tight they were still at .0013?
Appreciate 0
      01-11-2013, 01:51 PM   #16
Curt2000
Colonel
Curt2000's Avatar
United_States
70
Rep
2,563
Posts

 
Drives: '13 ///M3
Join Date: Jun 2007
Location: Sin City

iTrader: (24)

Quote:
Originally Posted by scm6079 View Post
Anyone know where to find the current money factors and a reasonable amount from invoice to offer for a car sent from another dealer?

The other local dealer is saying .0017 is the best money factor right now. I tight they were still at .0013?
.0013 is the MF for M3s this month. Dealerships will try to tack on some interest to skim money off the deal...I would stop calling whatever dealer you are talking with currently because it seems they insist on continually insulting your intelligence.
__________________

Current Car: '13 SANTORINI BLUE E92///M3--6MT/Speed Cloth/ZCP (ED Thread)
Former Cars:'10 E90 335i MSport / '07 Interlagos ///M5 / '09 135i / '10 E93 335i
Instagram: @C2KMotorsports
Appreciate 0
      01-11-2013, 09:46 PM   #17
Bimmr7
Private
United_States
0
Rep
80
Posts

 
Drives: 13 E92 M3/11 328i
Join Date: Nov 2007
Location: Sunny California

iTrader: (0)

Garage List
2013 BMW M3  [0.00]
2011 BMW 328  [0.00]
2010 BMW 335 M Sport  [0.00]
Quote:
Originally Posted by Curt2000 View Post
.0013 is the MF for M3s this month. Dealerships will try to tack on some interest to skim money off the deal...I would stop calling whatever dealer you are talking with currently because it seems they insist on continually insulting your intelligence.
+1000
Appreciate 0
      01-12-2013, 01:14 AM   #18
scm6079
First Lieutenant
scm6079's Avatar
United_States
12
Rep
345
Posts

 
Drives: '13 M3, Lotus Exige S260
Join Date: Oct 2006
Location: Phoenix, AZ

iTrader: (0)

I am now the proud owner of a new 2013 LeMans blue M3. Thanks to this thread I feel quite good about the deal I got. $1,500 over invoice with black grills thrown in free and a couple other goodies at cost. THOUSANDS cheaper out-of-pocket than my local dealer AND much less per month.

Now I just need to be patient for it to ship out here. I almost flew out there tomorrow morning to pick it up and drive back, but I need to work and couldn't take the time off.

Makes me wonder why I kept talking to North Scottsdale. .

I'll have to change my forum signature soon.

-Scott
Appreciate 0
      01-12-2013, 01:30 AM   #19
kscarrol
Colonel
United_States
35
Rep
2,297
Posts

 
Drives: 2011 E90 M3
Join Date: Jun 2010
Location: New Orleans, LA

iTrader: (0)

Congratulations! Love LeMans Blue, was my second choice but recognizing my own laziness and the frequent rain we get here in Louisiana, I went with the lower maintenance Space Grey. Looking forward to the pics. Where did find the car?
__________________
Current: 2011 Space Grey E90 M3, DCT, Comp. Pkg., Conv. Pkg., everything but Cold Weather Pkg!
Gone: 2008 550, Space Grey, Sports Package, Sport Auto Transmission.
Sold: 2004 545i (U.S.), Steptronic, Silver Gray.
Appreciate 0
      01-12-2013, 01:32 AM   #20
Curt2000
Colonel
Curt2000's Avatar
United_States
70
Rep
2,563
Posts

 
Drives: '13 ///M3
Join Date: Jun 2007
Location: Sin City

iTrader: (24)

Great news man...glad we could help...be sure to tell the salesmen what a great deal you got on it the first time you take it in for maintenance to North Scottsdale.
__________________

Current Car: '13 SANTORINI BLUE E92///M3--6MT/Speed Cloth/ZCP (ED Thread)
Former Cars:'10 E90 335i MSport / '07 Interlagos ///M5 / '09 135i / '10 E93 335i
Instagram: @C2KMotorsports
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 07:51 AM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST