Asked for 500 over invoice, got it, but with "Dealer Processing Fee" |
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05-25-2015, 11:02 AM | #1 |
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Asked for 500 over invoice, got it, but with "Dealer Processing Fee"
Hi all,
So I want to do an ED on an M235i. And I want a good deal. After reading lots of posts here in the forums, I decided that $500 over invoice is the sweet spot. So I called up my local dealer and said I wanted to do ED, wanted $500 over ED invoice ($36,925 + 500), and invoice pricing on all options. He checked with the sales manager, and came back with "yes", on both 2015 and 2016 models. But, when I asked about other fees, he told me these:
I should ask him to strike that dealer processing fee, right? If I asked for $500 over invoice, that means I want them to make $500 over invoice, not $800 over invoice. With that fee, they're really giving me $800 over invoice. Just wanted a sanity check before I push back on it. |
05-25-2015, 11:10 AM | #2 |
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Give me a few hours. I'm in MD, when I get home I'll check my Tag & Title fee - I transferred tags.
I'll also check dealer processing fee, but I also traded in a car, etcetera. But yeah in terms of negotiating its your next move to get them to remove dealer processing fee. |
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05-25-2015, 11:13 AM | #3 |
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Ehhh...Not horrible, I got ~750 all in. Squabling over ~300 is not worth ruining a relationship with the dealer considering how significantly our cars are discounted already. Not to mention this is the one deal where you need the dealer to shine and make sure all the Ts are crossed and Is are dotted. There is to much out of pocket expense on you with airfair and hotels for the dealer to screw something up.
$500 is dealer profit, Dealer fee is what covers the people in back pushing papers. No way your getting MD Tag/Title lower. This is what it costs them to register your car with the state. In most states this number is illegal to mark up. I say your deal is good, Maybe ask dealer doc fee to ~150-200 (which should break them even on the cost of the paperwork) but dont push them. Personally my time is worth way more then $250-300 to fight over that amount. YMMV
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05-25-2015, 11:27 AM | #4 | |
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05-25-2015, 11:31 AM | #5 | |
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05-25-2015, 01:19 PM | #6 | |
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05-25-2015, 01:22 PM | #7 | |
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Title. $100 Electronic Reg & Title Fee $20.00 MD Tire Tax Recycling Fee $4.00 Dealer processing Fee $195.00 I didn't attempt to negotiate a very good deal by selecting an amount over invoice. I just wanted to be sure I wasn't paying MSRP, that my trade in was worth what I thought ( not Black Book ), and that a Manufacturer to Dealer $1000 incentive was applied. When I was young I went for the lowest OTD price I could get by hitting all the dealers and offer then counteroffer till I thought the manufacturer to dealer incentive was pretty much their profit. There are special BMW event $1000 to dealer rebates about, guess your car is included. Last edited by overcoil; 05-26-2015 at 07:06 AM.. |
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05-26-2015, 12:56 AM | #8 | |
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Dealer proc fee
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If this is the dealer you want then I think you make the deal...but if you're not convinced these guys are ED experts (as determined by recommendations) then shop around. A botched ED will cost you thousands. |
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05-26-2015, 09:56 AM | #9 | |
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05-26-2015, 05:32 PM | #10 | |
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I'm back at the hotel just completed my delivery today completely awesome experience. |
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05-27-2015, 11:28 AM | #11 | |
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06-03-2015, 09:29 AM | #12 | |
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06-03-2015, 11:12 AM | #13 | |
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Have you applied any kind of $1000 manufacturer to buyer incentive gotten by attending a ride & drive event? I think there is a BMW ride & drive event at Fed-Ex Field starting tomorrow till Sunday- but I'm not certain. |
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06-03-2015, 12:10 PM | #14 |
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No I haven't but I guess I sort of assumed that was a scam. I'm already getting a pretty good deal with my dealer, but will that automatically take another $1000 off whatever price I've previously negotiated?
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06-03-2015, 12:17 PM | #15 |
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Here you go...
"HOW MUCH DOES IT COST? HOW/WHEN DO I RECEIVE MY PURCHASE INCENTIVE? DO I HAVE TO DRIVE TO RECEIVE THE INCENTIVE? Incentive codes will be sent in a thank you email within 48 hours of checking-in at the on-site registration tent. While driving is encouraged, it is not required." https://ude.bmwusa.com |
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06-03-2015, 12:32 PM | #16 |
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Everytime I purchase in MD I get charged around $350 for tag/title etc. I usually get a check back a month later for around $100. The UDE incentive cannot be used on ED.
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06-03-2015, 12:49 PM | #17 |
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06-03-2015, 02:34 PM | #20 | |
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I sort of thought he was blowing smoke because, honestly, that makes no sense at all. Why not just not charge me the overage in the first place if you're going to end up sending a check for the difference? |
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06-03-2015, 02:36 PM | #21 |
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BMW of Catonsville and Northwest BMW. Looking to do ED, but I haven't closed the door entirely on doing a plain US delivery. I did check with David, but he was asking 700 over invoice + 750 to ship it back across the states. Locally, I'm getting 500 over invoice, 300 dealer processing fee, and a slightly padded tax/title fee. Even with all the fees locally, that beats the deal with David when you account for shipping costs.
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06-03-2015, 02:41 PM | #22 |
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