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2Addicts | BMW 2-Series forum BMW 2 Series (F22) Forum 2 Series Pricing, Ordering, European Delivery Ripped off??

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      08-28-2015, 08:43 AM   #1
NJ13-M235i
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Ripped off??

I just placed an order for my M235i Coupe Xdrive a few weeks back and wanted to see what you guys think about the deal I'm getting.

MSRP - $55,650.00
Selling Price - $52,000.00
Down Payment - $0
Term/Miles - 36 mo / 10k
Monthly Payments - $800.00

Am I getting ripped off???? I had another SA at another BMW dealer (pops got into an 2016 X6 M-Sport ) tell me he could have got it down another $40.00 - $50.00 a month based on this same exact build and terms. I want to save that money but also think he may be pulling my leg. Also I don't want to start my build all over again ( I'm about 3 weeks in ).

Note: I have a couple M-Performance parts ( Kidney grills, splitter, diffuser ) but they have been residualized into my payments don't think it would make a huge difference. I also have the code for the $1000 drive event incentive. Please help me out here guys, let me know what you think?
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      08-28-2015, 06:03 PM   #2
iamdabest1
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For this car I'm paying 625 with 1560 total out of pocket 36 months 12k A year that 1560 Included first month payment and plates ( nearly 58k msrp)
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      08-29-2015, 12:26 AM   #3
jayg80
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What are the details of your lease?
Money Factor?
Residual?

I pulled together the estimate below based upon:
Money Factor: .0015 (you could get as low as .0013 but most dealers want .0015 or .0017
Residual: 61% (not sure what the actual is but it should be close to this)

Also, I added $2,000 for all of the dealer fees and first payment which are due at signing into your final negotiated price to get the monthly estimate as close as possible.
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      09-03-2015, 11:52 AM   #4
NJ13-M235i
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Quote:
Originally Posted by jayg80 View Post
What are the details of your lease?
Money Factor?
Residual?

I pulled together the estimate below based upon:
Money Factor: .0015 (you could get as low as .0013 but most dealers want .0015 or .0017
Residual: 61% (not sure what the actual is but it should be close to this)

Also, I added $2,000 for all of the dealer fees and first payment which are due at signing into your final negotiated price to get the monthly estimate as close as possible.
So the residual is 57% and the money factor is .0015. Selling price is at $52,000.00 or $51,000.00 depending if i get to use my drive event incentive. Is it reasonable for my payments to be $806.00 a month???
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      09-11-2015, 06:41 AM   #5
VolTekka
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ay0 it's me bro.
Get that MF down to .0013.
I didn't even have to negotiate the MF.
I came in with my numbers and set the base MF at .0013 and my CA just went with it.
BTW nice X6 man. Shit was NICE, haha.
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      09-14-2015, 12:55 PM   #6
jayg80
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The $800 is reasonable. Basically the issue is the residual of 57% is a bit lower on the 235 compared to the 335 (I just got a 64% residual 3 months ago). Also, by not putting any money down you are baking lease fees of about $2,000 into your deal.
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      09-15-2015, 07:16 AM   #7
JMatt88
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If you're in NJ, Give Reading BMW a call in PA. Ask to speak to Michele, she will take care of you.

I'm waiting on my M235i enroute from Germany.


.
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      09-18-2015, 11:20 AM   #8
ORIGIN M.
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@ 800/mo i am buying the car !
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      09-18-2015, 12:58 PM   #9
hyperzulu
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Quote:
Originally Posted by red-sauerkraut View Post
@ 800/mo i am buying the car !
Seriously...
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      09-18-2015, 05:47 PM   #10
JMatt88
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Just a personal observation, I wouldn't say I was "Ripped Off" unless I had already done the deal and somehow been deceived or misled. You can always walk away from this deal and shop around. I'm thinking this is more like a "Is this a fair deal" ? kind of thread...

Just Sayin'



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      09-24-2015, 02:34 PM   #11
NJ13-M235i
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Quote:
Originally Posted by JMatt88 View Post
Just a personal observation, I wouldn't say I was "Ripped Off" unless I had already done the deal and somehow been deceived or misled. You can always walk away from this deal and shop around. I'm thinking this is more like a "Is this a fair deal" ? kind of thread...

Just Sayin'



.
Yea defiantly. I should've titled the thread differently, I apologize hahaha.
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