[MegaMatt3]

I apologize if this has been posted somewhere already, but has anyone been able to pin down the ED invoice prices for 2015 2's? I had someone tell me you typically take .93 of MSRP, then .92 of that number, but he wasn't sure if he got the order correct.

Edmunds gave me a regular invoice price for the M235i of 40,150, but I just can't track down ED.

Side question: options don't have ED invoice prices, right? Same invoice prices as normal orders?

[cehlion]

Here how it works:

ED Invoice is 7% off the BASE price of the US Invoice PLUS US invoice prices on all packages and options. MSRP is also 7% off but MSRP doesn't really mean anything.

[MegaMatt3]

Originally Posted by cehlion

Here how it works:

ED Invoice is 7% off the BASE price of the US Invoice PLUS US invoice prices on all packages and options. MSRP is also 7% off but MSRP doesn't really mean anything.

Great, thanks. So just to see for myself, I took 7% off the base MSRP for the M235i of 43,100, which gives me $40,083. That's a few dollars off from the ED MSRP stated in the Pricing Guide stickies here in the forums: $40,135. Why that small discrepancy? I'm assuming the 7% is just a close approximation without having to get into fractions?

Also, in reference to invoice prices (car or options), how often do they change? Can they change monthly, or do they just change with model years?

[MikeT]

Originally Posted by MegaMatt3

Great, thanks. So just to see for myself, I took 7% off the base MSRP for the M235i of 43,100, which gives me $40,083. That's a few dollars off from the ED MSRP stated in the Pricing Guide stickies here in the forums: $40,135. Why that small discrepancy? I'm assuming the 7% is just a close approximation without having to get into fractions?

Also, in reference to invoice prices (car or options), how often do they change? Can they change monthly, or do they just change with model years?

ED invoice for the M235i is 36,925 (37,875 with destination charge). Prices do not change on a monthly basis. They generally do just change with each model year, BUT it's not unheard of for BMW to make some midyear pricing/option changes. Happens once in a while.

[MegaMatt3]

Originally Posted by MikeT

ED invoice for the M235i is 36,925 (37,875 with destination charge). Prices do not change on a monthly basis. They generally do just change with each model year, BUT it's not unheard of for BMW to make some midyear pricing/option changes. Happens once in a while.

Thanks for the info. Per cehlion's post, I took 7% off US Invoice for M235i ($40,150 on Edmunds) and got $37,339.50. Again, close to the number you gave, but a little off. I'm assuming 7% just isn't exact? Out of curiosity, where did you get that ED invoice figure from?

[MikeT]

Originally Posted by MegaMatt3

Out of curiosity, where did you get that ED invoice figure from?

It's posted in this thread:
http://www.2addicts.com/forums/showthread.php?t=998287

[hyperzulu]

I would just stick with the MSRP * .93 * .92 since this gets you within $50 usually. Options are 91% of MSRP (same as US invoice). This is better than trying to figure ED invoice as a product of US invoice. Unless you got a pricing sheet from a dealer, who knows whether that US invoice price is accurate? MSRP is always accurate, it's right there on the bmwusa.com website.

I just contacted a dealer and asked for the ED invoice pricing sheet. No guess work.

[cehlion]

Originally Posted by MegaMatt3

Thanks for the info. Per cehlion's post, I took 7% off US Invoice for M235i ($40,150 on Edmunds) and got $37,339.50. Again, close to the number you gave, but a little off. I'm assuming 7% just isn't exact? Out of curiosity, where did you get that ED invoice figure from?

Just got my invoice emailed to me from my dealer, paying for the car tomorrow morning. Invoice is $36,925 before destination of $950. All pkgs and options are at US Invoice. Destination of course is an immovable object and never discounted.

Base $36,925
Estoril blue $500
Tech pkg $1,955
HK Audio $795
Destination $ 950

Total ED Invoice $41,125

I'm paying ED invoice + $750 or $41,875.

No cost options are Manual Trans, Moonroof Delete, Alum hex with high gloss black, black sensatec (I have had both and greatly prefer the leatherette).

[3PedalMINI]

I managed to get 13.3% off US MSRP

[cehlion]

Originally Posted by 3PedalMINI

I managed to get 13.3% off US MSRP

I have noticed East Coast seems to be a much softer market for the 2 series. That deals is basically AT ED invoice.

[MegaMatt3]

Originally Posted by cehlion

I have noticed East Coast seems to be a much softer market for the 2 series. That deals is basically AT ED invoice.

Yeah, I've seen a few posts about how often people are seeing 2-series in the wild. I imagine the majority of those are west coast, because here in MD I've seen two 228i's and one M235i. Ever.

Good news for me, though, on it being a soft market!

[3PedalMINI]

Originally Posted by MegaMatt3

Yeah, I've seen a few posts about how often people are seeing 2-series in the wild. I imagine the majority of those are west coast, because here in MD I've seen two 228i's and one M235i. Ever.

Good news for me, though, on it being a soft market!

I dont know about that...Im seeing them all over, saw two today one EBii

[MegaMatt3]

Originally Posted by cehlion

Just got my invoice emailed to me from my dealer, paying for the car tomorrow morning. Invoice is $36,925 before destination of $950. All pkgs and options are at US Invoice. Destination of course is an immovable object and never discounted.

Base $36,925
Estoril blue $500
Tech pkg $1,955
HK Audio $795
Destination $ 950

Total ED Invoice $41,125

I'm paying ED invoice + $750 or $41,875.

No cost options are Manual Trans, Moonroof Delete, Alum hex with high gloss black, black sensatec (I have had both and greatly prefer the leatherette).

What is the extra $750 for?

[MikeT]

Originally Posted by MegaMatt3

What is the extra $750 for?

Dealer profit.

It's typical for an ED deal to be invoice + $500, invoice + $750, or invoice + $1,000. Occasionally, you'll hear about a deal that's right "at invoice." Such buyers are lucky, as even the best ED dealers usually want at least $500 on top of invoice.

Occasionally, you'll have a salesperson claim that the dealer would lose money selling at invoice or even at $500 above invoice. The truth is that invoice is not the actual cost to the dealer, as the dealers receive certain manufacturer incentives such as bonuses based on total monthly volume, "spiffs" on certain models and financing commissions.

[cehlion]

Originally Posted by MikeT

Dealer profit.

It's typical for an ED deal to be invoice + $500, invoice + $750, or invoice + $1,000. Occasionally, you'll hear about a deal that's right "at invoice." Such buyers are lucky, as even the best ED dealers usually want at least $500 on top of invoice.

Occasionally, you'll have a salesperson claim that the dealer would lose money selling at invoice or even at $500 above invoice. The truth is that invoice is not the actual cost to the dealer, as the dealers receive certain manufacturer incentives such as bonuses based on total monthly volume, "spiffs" on certain models and financing commissions.

I was quote ED + $500 (2 folks in SoCal and 1 in Norcal), but decided the guy I was working with in Norcal was worth the extra $250 (especially after multiple bad experiences with other dealers). He is known as the NorCal ED specialist and he's been 100% up front from the first time I called him. No surprises at all, which is so A-typical for this business.

[MikeT]

Originally Posted by cehlion

I was quote ED + $500 (2 folks in SoCal and 1 in Norcal), but decided the guy I was working with in Norcal was worth the extra $250 (especially after multiple bad experiences with other dealers). He is known as the NorCal ED specialist and he's been 100% up front from the first time I called him. No surprises at all, which is so A-typical for this business.

Yeah, I totally hear you. Picking an ED dealer isn't simply a matter of selecting the cheapest deal.

Experience is huge. More experience = less screw-ups. So much planning goes into our EDs (airline reservations, travel dates, the ordering process, the payment process), the last thing you want is a CA who doesn't know what he's doing. For a few hundred bucks, it's not worth it.

Other factors include convenience, responsiveness and personality.

I heard about one dealer that supposedly does "at invoice" ED deals. Maybe they do, but they never answered my emails. Does it even matter how cheap they are if it means dealing for several months with someone who can't even be bothered to respond to emails?

Whether any of us does a deal for invoice +$500 or +$750 or even +$1,000 or +$0, the key is to find a CA who's competent, reliable and responsive.

[MegaMatt3]

Originally Posted by MikeT

Yeah, I totally hear you. Picking an ED dealer isn't simply a matter of selecting the cheapest deal.

Experience is huge. More experience = less screw-ups. So much planning goes into our EDs (airline reservations, travel dates, the ordering process, the payment process), the last thing you want is a CA who doesn't know what he's doing. For a few hundred bucks, it's not worth it.

Other factors include convenience, responsiveness and personality.

I heard about one dealer that supposedly does "at invoice" ED deals. Maybe they do, but they never answered my emails. Does it even matter how cheap they are if it means dealing for several months with someone who can't even be bothered to respond to emails?

Whether any of us does a deal for invoice +$500 or +$750 or even +$1,000 or +$0, the key is to find a CA who's competent, reliable and responsive.

Yeah, all those points make perfect sense. The more I read on these forums, the more I'm getting the feeling that ED is a fragile process that you should only do with dealers you've gotten recommendations for. The last thing you want is a good deal to be spoiled by a bad experience. That would suck.

My temptation is to ask my local dealer if they have ED experience, and then run a $500 over invoice deal by them to see if they can do it, but what's stopping them from just saying they have ED experience (and actually not), and then screwing the whole thing up? Maybe I should post a question in the regional forums asking for recommendations in my area.

[cehlion]

Originally Posted by MegaMatt3

Yeah, all those points make perfect sense. Maybe I should post a question in the regional forums asking for recommendations in my area.

Don't try to find your own ED guy, go with someone who has done a ton of them...its kinda like a vasectomy, you don't want to go to a guy who's only done 1 or 2 of them.

[hyperzulu]

Not at all like a vasectomy. More like sex. You want someone who knows what they're doing, not someone who is popping their cherry with your sale.