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12-09-2008, 05:49 AM | #1 |
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$1,000 Under Invoice All Remaining 08's
Not sure if this is worthwhile info or not, I haven't been keeping up with the latest discounts but seemed worth posting...
BMW dealer is in Boulder CO. and had this posted on Ebay... http://cgi.ebay.com/ebaymotors/Cars-...1%7C240%3A1318
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12-09-2008, 10:21 AM | #3 | |
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Is it under the Edmunds invoice, which does not include Maco and training or under the dealer invoice which has these extra fees. I know the amount is small, ~ 500 difference but just wanted to clarify. |
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12-09-2008, 10:48 AM | #5 |
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I guess it depends. I'd perhaps have Edmunds in my pocket but ask the dealer for a peek at their invoice. You can then compare numbers and discuss the discrepancies between the two. Then....you can baseline your final number and begin subtracting from that cost for your final deal.
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12-09-2008, 04:31 PM | #9 | |
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In my mind, MACO and Training Fee fall into the "cost of doing business" for the dealer. You should not necessarily have to pay for that. BTW, the training fee is a fee to train their sales staff on the features of the car, it is not a fee to train you about the features of the car. |
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12-09-2008, 04:32 PM | #10 |
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What trim was it - sedan, coupe...?
Was it fairly loaded, I mean it's probably more likely to offer a bigger discount on a more expensive car in absolute $ terms, for example 10 off a 77K convertible vs "only" 7 off on a 66K sedan and even less on a modestly equiped 60K vehicle. |
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12-10-2008, 09:45 AM | #12 | |
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edit - forgot to add, the cars had premium sound too Last edited by Subw00er; 12-10-2008 at 10:30 AM.. |
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12-10-2008, 10:02 AM | #13 |
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The best I've seen on coupes is around 1K over invoice but I guess there is room for improvement.
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12-10-2008, 10:15 AM | #14 |
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Depending on how far upside down you are you could roll the negative equity into the loan. Unless your current car loan is 0.9% you'd still end up with an advantage. Normally I'd say never roll over neg equity, but since this is what amounts to an interest free loan - why not?
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12-10-2008, 10:35 AM | #15 |
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Thats an interesting point. The thing is, I dont need the new M3, I'm just looking at it because of the low rates now. I dont really want a higher car payment than I have now because I have three other vehicles, and at some point, you realize you are crazy and need to slow down. so I've made my self a budget, and am trying to stick to it. I was VERY close to getting one, just needed another $500-1000 from the dealer, but my trade in took a nosedive this month and now I am more like $2-3K off the mark. Sucks! I'm hoping for bmw cash salvation in Jan/feb. The good part is that the car I want is plentiful. So now, I wait and hope the rates stay low and the residuals high.
To be honest, I dont think its going to happen at this point, but you never know! BMW has not been in this financial situation before, so its anyone's guess what they do beyond throttling back production. If they are smart, they'd give $5K in cash rebates and then the cars would fly off the lots. I don't think I'm the only one thats "almost there." |
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