Quote:
Originally Posted by silverstone_ttlz4
So I contacted David Aviles at Steve Thomas BMW per other users' recommendations and he seems like a very knowledgable and professional individual, but I want to pass some questions by pricing by others since what he told me nows seems too good to be true.
I was told I could expect to pay 7% below MSRP+600-----that sounds fine to me and a great deal given that I don't have to deal with my local dealer. My partner is concerned about doing the deal from the other coast and insisted I call nearby dealerships to see what they said about those numbers. One dealership in RI said they won't see a 2 until late April and had no idea about allocations. Another in Greenwich, CT, said they were taking orders but instructed not to discount the car at all.
What is everyone else hearing?
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The "7% below MSRP plus $600" is a Steve Thomas BMW thing. Northwest BMW (David's old dealer) didn't tack on the extra $600 - in fact, it used to be $500 at Steve Thomas. Everything costs more these days.
the other added benefit was that the finance guy at Northwest BMW had an M6 with a tricked out exhaust - he did like 4 passes at full tilt with me and my dad outside the dealership. Pretty awesome.
David has also kept a good relationship with northwest BMW - which means you can broker the deal with David in CA and he will arrange for the car to be delivered in Baltimore. Much closer to me in Indy or you in CT. I was too afraid to ship it the first time - so the 600 mike trip thru the mountains, with my dad and snow and Blizzzaks was effing unforgettable.
I don't think that the official BMWFS programs have been released yet - no one seems to have any idea as to what those are going to look like. It might be that those numbers are still being crunched, with the knowledge that cars ordered now and in January can still be financed after the fact.
But if the release of the E92 and E82 are at all close to what they do with the M235, then you can get pretty close on pricing.
I had the second or third E92 sold in Indiana back in 2006 and the residual was 59% - my 2008 E82 was 58%. Spec your car out now that we have the option list and just take the MSRP X's 93%. That gives you a decent starting point, from which You can then play around with the MF (interest rate) and go blind doing calculations on a lease or loan calculator.
My gut is that BMW will not be aggressive initially with the leasing programs. In effect us early adopters will pay a premium for that right.
And I know for a fact that my car begins production the first week of January - I hope the Germans don't party hard on New Year's Eve - so I will be sitting in it 6-8 weeks after that. Aka not April. It's not unusual that dealers are so clueless, but I have known far more about the last 5 cars I've bought than some SA, save for David.