BMW X3 Forum
BMW X3 Forum
Welcome to the ultimate BMW X3 community.
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
Post Reply
 
Thread Tools Search this Thread
      08-17-2012, 09:45 PM   #1
denrusso
Private
United_States
7
Rep
71
Posts

Drives: 2013 X3 xDrive28i
Join Date: Mar 2008
Location: NY

iTrader: (0)

Is this an OK deal?

Was quoted $3,300 off of MSRP for the following:

x3 xDrive 28i
Metallic Paint
M Sport
Cold Weather
Cold Weather II
Premium
Technology
Convenience
Dynamic Handling
Premium Sound
BMW apps

Total MSRP is $54,545
Total Invoice is $50,105

My quoted price is $51,245

-$1,000 Team Drive
-$1,000 USAA

= $49,245

Good deal?

Long Island, NY if it matters...


Thanks,
dr
Appreciate 0
      08-17-2012, 10:09 PM   #2
BMWMilan
First Lieutenant
35
Rep
327
Posts

Drives: BMW
Join Date: Jul 2012
Location: Earth

iTrader: (0)

Quote:
Originally Posted by denrusso View Post
Was quoted $3,300 off of MSRP for the following:

x3 xDrive 28i
Metallic Paint
M Sport
Cold Weather
Cold Weather II
Premium
Technology
Convenience
Dynamic Handling
Premium Sound
BMW apps

Total MSRP is $54,545
Total Invoice is $50,105

My quoted price is $51,245

-$1,000 Team Drive
-$1,000 USAA

= $49,245

Good deal?

Long Island, NY if it matters...


Thanks,
dr
Best way to figure it out is to do the following:

1. Find all the BMW dealers in your area where you are willing to travel to pick up the car.

2. Spec out the car you want.

3. E-mail each of the aforementioned dealers listed in No. 1, above, asking for a final out-the-door price.

4. Then shop each dealer against the other until you find the lowest rock bottom price.

We did this for my mom's most recent X3 purchase.
Appreciate 0
      08-18-2012, 12:36 AM   #3
faztaz
08 X3 6spd
28
Rep
112
Posts

Drives: 13 X3 35i MSport
Join Date: Apr 2012
Location: NJ

iTrader: (0)

dr check your pm. Much better deals to be had in NJ
Appreciate 0
      08-18-2012, 01:05 AM   #4
amoeba
Private First Class
20
Rep
178
Posts

Drives: E46 330i zhp, F30 335-MSport
Join Date: Jan 2010
Location: Fremont, CA

iTrader: (0)

1100 above invoice is a bit high. You should be able to do 500 over invoice or less easily.
Appreciate 0
      08-18-2012, 10:05 AM   #5
rmeir
Private First Class
23
Rep
160
Posts

Drives: x3
Join Date: Apr 2012
Location: chicago il

iTrader: (0)

motorwerks took off 5k
Appreciate 0
      08-18-2012, 11:38 AM   #6
Teemo Panda
*Bimmerpost Plasti Dip Guru*
Teemo Panda's Avatar
United_States
81
Rep
1,174
Posts

Drives: E53, E46-M3, E70, F25-X3
Join Date: Jun 2011
Location: New Jersey (NJ)

iTrader: (0)

Garage List
2013 BMW X3  [5.66]
What year is this btw?
__________________
Appreciate 0
      08-18-2012, 11:56 AM   #7
April1
Love All
April1's Avatar
United_States
170
Rep
740
Posts

Drives: X3 28i 2011
Join Date: Nov 2011
Location: San Francisco

iTrader: (2)

Invoice or invoice + 500 should be reasonable but ascertain that the invoice price is correct and it includes the invoice of all the selected options.
Appreciate 0
      08-18-2012, 12:15 PM   #8
denrusso
Private
United_States
7
Rep
71
Posts

Drives: 2013 X3 xDrive28i
Join Date: Mar 2008
Location: NY

iTrader: (0)

Just spoke with another dealer. I didn't know about MACO and training which is an additional $480. That brings the car to an invoice of $50,585. Their initial quote was $750 over invoice, I just requested $250 over - lets see what they say.

Also, they confirmed that USAA and Team Drive are NOT combinanble - which sucks.

This is for a 2013 model. I'd rather stay on LI as it's easier with service and what not.

Thinking of doing the balloon financing - anyone have any comments on this?


Thanks for the input!
dr
Appreciate 0
      08-20-2012, 08:41 AM   #9
Leighton
Enlisted Member
2
Rep
40
Posts

Drives: BMW
Join Date: Feb 2012
Location: New York

iTrader: (0)

To the best of my knowledge, the USAA discount is an arrangement between them and the discount service of Zag/Truecar which enlists dealers to participate with low price guarantees in exchange for sales leads that they would not otherwise get. There is no support from BMWNA. Therefore, the USAA discount has to be included as part of the calculation of dealer net price over invoice cost.

On the other hand, the Olympic or Drive for Team USA $1K coupon is a BMWNA national sales promotion that, like any other manufacturer promotion, reimburses the dealer for the amount of the promotion. It reduces the cost to the buyer by reducing the cost to the dealer. It has no effect on the dealer markup over invoice cost.
Appreciate 0
      08-20-2012, 04:16 PM   #10
amoeba
Private First Class
20
Rep
178
Posts

Drives: E46 330i zhp, F30 335-MSport
Join Date: Jan 2010
Location: Fremont, CA

iTrader: (0)

Quote:
Originally Posted by denrusso View Post
Just spoke with another dealer. I didn't know about MACO and training which is an additional $480. That brings the car to an invoice of $50,585. Their initial quote was $750 over invoice, I just requested $250 over - lets see what they say.

Also, they confirmed that USAA and Team Drive are NOT combinanble - which sucks.

This is for a 2013 model. I'd rather stay on LI as it's easier with service and what not.

Thinking of doing the balloon financing - anyone have any comments on this?


Thanks for the input!
dr
It'll be hard to bring the dealer's price down unless you show him competing offers from other dealerships. Email other dealers and see if you can get a better pricing. I had 4 dealerships competing with each other to hit a price of 400 under invoice in Cali.
Appreciate 0
      08-20-2012, 08:21 PM   #11
denrusso
Private
United_States
7
Rep
71
Posts

Drives: 2013 X3 xDrive28i
Join Date: Mar 2008
Location: NY

iTrader: (0)

Quote:
Originally Posted by amoeba View Post
It'll be hard to bring the dealer's price down unless you show him competing offers from other dealerships. Email other dealers and see if you can get a better pricing. I had 4 dealerships competing with each other to hit a price of 400 under invoice in Cali.
I think that's a great deal! Unfortunately, I had a dealer bow out - they wouldn't go under $500 over invoice. Was able to get $250 over and signed the deal tonight. Everything listed above plus cargo net $50k even...

Thanks for the input everyone! Now the wait begins!

Thanks,
dr
Appreciate 0
      08-22-2012, 08:19 AM   #12
DUI Elite
///M at Heart
DUI Elite's Avatar
89
Rep
1,954
Posts

Drives: 06 SGM E90, 15 BSM E84
Join Date: Jan 2011
Location: Chicago, IL

iTrader: (4)

Whats this about the Team Drive / USAA promotion being nationwide?

When did the offer end?

Also I just ordered a 2013 last night, and came to roughly $900 over invoice. (salesman negotiated on price before destination charge without making it explicit, otherwise I would've pried for lower) You guys are making me think I should've gotten an even better deal.

I thought OP is getting an okay deal?
Appreciate 0
      08-22-2012, 09:21 AM   #13
denrusso
Private
United_States
7
Rep
71
Posts

Drives: 2013 X3 xDrive28i
Join Date: Mar 2008
Location: NY

iTrader: (0)

Quote:
Originally Posted by DUI Elite View Post
Whats this about the Team Drive / USAA promotion being nationwide?

When did the offer end?

Also I just ordered a 2013 last night, and came to roughly $900 over invoice. (salesman negotiated on price before destination charge without making it explicit, otherwise I would've pried for lower) You guys are making me think I should've gotten an even better deal.

I thought OP is getting an okay deal?

The Team Drive and USAA are incentives offered to US residents (IIRC). The Team Drive is still ongoing in my area (Long Island, NY) with events scheduled throughout this week and maybe next. There are certain restrictions on the USAA incentive that you must meet in order to be eligible (besides just being a member).

As for the deal, it really depends on where you are. I was initially offered $1,100 over invoice by one dealer and then $750 over by the next. Asked both, via email, for $250 - one said no and one said yes.

It is what it is... Congrats on the order!!


Thanks,
dr
Appreciate 0
      08-22-2012, 10:42 AM   #14
DUI Elite
///M at Heart
DUI Elite's Avatar
89
Rep
1,954
Posts

Drives: 06 SGM E90, 15 BSM E84
Join Date: Jan 2011
Location: Chicago, IL

iTrader: (4)

Quote:
Originally Posted by denrusso View Post
The Team Drive and USAA are incentives offered to US residents (IIRC). The Team Drive is still ongoing in my area (Long Island, NY) with events scheduled throughout this week and maybe next. There are certain restrictions on the USAA incentive that you must meet in order to be eligible (besides just being a member).

As for the deal, it really depends on where you are. I was initially offered $1,100 over invoice by one dealer and then $750 over by the next. Asked both, via email, for $250 - one said no and one said yes.

It is what it is... Congrats on the order!!


Thanks,
dr
Very interesting technique.

Well I can't say I'm terribly mad over a few hundred, but it certainly would've been nice.

Thanks for the quick reply!
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



All times are GMT -5. The time now is 07:10 AM.




xbimmers
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
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