PDA

View Full Version : Lease price on BMW 335xi


espeed
Nov 5th, 2009, 12:52 AM
How do I go about getting the best possible lease price, even though I know the carcostcanada price? These cars are still in demand, so I am wondering if the dealer would laugh at me if I brought the wholesale price in.

Have you guys ever faxed the price to all the city dealerships?

And would you guys recommend taking over a lease from kijiji, craigslist, or leasebusters.ca?

[edit: 335xi sorry for the typo!)

shipill
Nov 5th, 2009, 12:52 AM
there is no 350Xi , do you mean 335xi ?

afretes
Nov 5th, 2009, 06:57 AM
Every time I get one of those "I'm emailing all the dealers in the GTA, the one that gives me the lowest price gets the deal" types of emails, they go straight into the trash bin, same with faxes.
Find a dealer and a salesperson you can work with, negotiate the best deal you can, and be happy. When you're looking at cars at the 335 or S4 price level, I'm sure that paying a bit more for great service will have benefits.

Good luck!

HP_John
Nov 5th, 2009, 07:16 AM
If you don't want to haggle yourself in person, get a APA membership. APA is a consumer based, non-profit organization that does a lot of good work to help consumers like investigate used car dealers, repair shops, recall initiatives. It's $65 for a 1 yr membership, which includes 5 CCC style invoice reports, & guaranteed pre-negotiated prices on those 5 cars.

Instead of guessing what is fair, APA gives you an actual price you can buy or lease the car at, with an actual dealer who will accept it. They have agreements for Vancouver, Montreal, & Toronto I believe, so beware if you're not near these cities. The APA price is very good for the consumer, as it's usually better than what 95% of consumers would be able to haggle on their own, without the APA. APA prices are based on ever changing market conditions, there is no set % over invoice (eg different cars will have different markups), the amount of the dealer profit depends on the car & the current demand (eg late in a model yr you can get it cheaper).

Also, you're under no obligation, once you know the APA price, you can try to negotiate a better deal with non-APA dealers. Keep in mind that in my experience, you won't do much better than the APA price, but you'll be spending time haggling for another $100 or $200. APA approved dealers are straight forward, all the fees are itemized, you know what you're paying for so there's no 'surprise' fees. No haggle, no BS.

If you do buy from a APA dealer, there'll be another $65 referral fee paid to the APA by you, just so there's no surprises.

espeed
Nov 6th, 2009, 01:23 AM
If you don't want to haggle yourself in person, get a APA membership. APA is a consumer based, non-profit organization that does a lot of good work to help consumers like investigate used car dealers, repair shops, recall initiatives. It's $65 for a 1 yr membership, which includes 5 CCC style invoice reports, & guaranteed pre-negotiated prices on those 5 cars.

Instead of guessing what is fair, APA gives you an actual price you can buy or lease the car at, with an actual dealer who will accept it. They have agreements for Vancouver, Montreal, & Toronto I believe, so beware if you're not near these cities. The APA price is very good for the consumer, as it's usually better than what 95% of consumers would be able to haggle on their own, without the APA. APA prices are based on ever changing market conditions, there is no set % over invoice (eg different cars will have different markups), the amount of the dealer profit depends on the car & the current demand (eg late in a model yr you can get it cheaper).

Also, you're under no obligation, once you know the APA price, you can try to negotiate a better deal with non-APA dealers. Keep in mind that in my experience, you won't do much better than the APA price, but you'll be spending time haggling for another $100 or $200. APA approved dealers are straight forward, all the fees are itemized, you know what you're paying for so there's no 'surprise' fees. No haggle, no BS.

If you do buy from a APA dealer, there'll be another $65 referral fee paid to the APA by you, just so there's no surprises.

is APA better than carcostcanada?

gilboman
Nov 6th, 2009, 02:03 PM
Every time I get one of those "I'm emailing all the dealers in the GTA, the one that gives me the lowest price gets the deal" types of emails, they go straight into the trash bin, same with faxes.
Find a dealer and a salesperson you can work with, negotiate the best deal you can, and be happy. When you're looking at cars at the 335 or S4 price level, I'm sure that paying a bit more for great service will have benefits.

Good luck!

it's Audi/BMW...there is no such thing as great service. Best way to get Great service is spending as little time in their dealership or talking with their people as possible.

and what great benefits are you talking about? the sales does nothing for you after you get your car. it's the service people that actually matter and those people won't care how much you got hosed when buying your car.

afretes
Nov 6th, 2009, 02:15 PM
I noticed that you like bashing VW/Audi, did you have a bad experience? Because you obviously don't know what you're talking about.

it's Audi/BMW...there is no such thing as great service. Best way to get Great service is spending as little time in their dealership or talking with their people as possible.

and what great benefits are you talking about? the sales does nothing for you after you get your car. it's the service people that actually matter and those people won't care how much you got hosed when buying your car.

HP_John
Nov 7th, 2009, 06:44 AM
is APA better than carcostcanada?

I'm not trying to bash CCC, they provide a good service. APA gives you the exact same thing as CCC, except they also give you a guaranteed, pre-negotiated price on those cars you're interested in. Instead of hoping a dealer will accept your offer of 3% over invoice, APA gives you an actual price you can buy the car at, & guarantee that they have a dealer who is willing to sell it to you at that price, usually within Vancouver, Montreal, & Toronto. If you live far from those cities, you're probably out of luck though with getting a nearby dealer to honour the APA price.

carguy12
Nov 7th, 2009, 03:31 PM
How do I go about getting the best possible lease price, even though I know the carcostcanada price? These cars are still in demand, so I am wondering if the dealer would laugh at me if I brought the wholesale price in.

Have you guys ever faxed the price to all the city dealerships?

And would you guys recommend taking over a lease from kijiji, craigslist, or leasebusters.ca?

[edit: 335xi sorry for the typo!)

If you're looking for a 335xi sedan, then you're in luck because there are a bunch of 2009 models floating around.

Forget about faxing, just go to one of the downtown dealerships (Toronto or Parkview) and ask for 7% off the sticker price (they have 9% to give). There should also be a $3k rebate from BMW Canada. The lease rate and residuals are set by BMW Financial, so there's no negotiating there.

The supply for 335xi coupes is more limited, and the demand is much higher, so you're probably not going to get much of a discount, whether its a 2009 or 2010 model.

carguy12
Nov 7th, 2009, 04:14 PM
Every time I get one of those "I'm emailing all the dealers in the GTA, the one that gives me the lowest price gets the deal" types of emails, they go straight into the trash bin, same with faxes.
Find a dealer and a salesperson you can work with, negotiate the best deal you can, and be happy. When you're looking at cars at the 335 or S4 price level, I'm sure that paying a bit more for great service will have benefits.

Good luck!

I agree that the blast email/fax thing is not the best way to go about negotiating for a car. However, you've got to appreciate the fact that most car manufacturers (including the luxury OEM's) have aggressive promotions in place. So as consumers, we're going to try to save every dollar that we can!

And whether I buy a car from you at full sticker or a few points off, I would hope you and your dealership would provide me with the same level of service...

AGR-1
Nov 7th, 2009, 05:02 PM
BMW is highly motivated to stay ahead of M-B this year, at this time all BMW dealers have certainly been encouraged to do "deals" and move vehicles.

dmpP
Nov 7th, 2009, 05:31 PM
When I got my 07 A4 Avant Quattro Prem, I bought an APA membership.

It knocked about 6k off the MSRP, and got my lease down to something much more reasonable because I needed additional km's that I pre-paid for by working them into the lease.

The sales guy was great and easy to work with, and we did everything over the phone and via fax. It was about 45-min when I brought my 04 A4 Quattro sedan in and walked out with the 07.

I would HIGHLY recommend APA.

MP3_SKY
Nov 7th, 2009, 05:42 PM
When I got my 07 A4 Avant Quattro Prem, I bought an APA membership.

It knocked about 6k off the MSRP, and got my lease down to something much more reasonable because I needed additional km's that I pre-paid for by working them into the lease.

The sales guy was great and easy to work with, and we did everything over the phone and via fax. It was about 45-min when I brought my 04 A4 Quattro sedan in and walked out with the 07.

I would HIGHLY recommend APA.

Mind to share how much you paying your A4 Avant Quattro Prem per month?

dmpP
Nov 8th, 2009, 10:55 AM
Mind to share how much you paying your A4 Avant Quattro Prem per month?

I got several options on it... pretty much everything but bluetooth and gps... total was just about $810 after tax with $5000 on delivery (includes first mo payment, pdf, taxes, etc, etc...) since it was my 2nd audi, I didn't need to give a security deposit. That included the maintenance package, and 35,000km/yr allowance (105,000km total over the 36-mo lease).

Since then, I've inherited a car, and used LeaseBusters to get someone to takeover my lease.

espeed
Nov 8th, 2009, 05:23 PM
If you're looking for a 335xi sedan, then you're in luck because there are a bunch of 2009 models floating around.

Forget about faxing, just go to one of the downtown dealerships (Toronto or Parkview) and ask for 7% off the sticker price (they have 9% to give). There should also be a $3k rebate from BMW Canada. The lease rate and residuals are set by BMW Financial, so there's no negotiating there.

The supply for 335xi coupes is more limited, and the demand is much higher, so you're probably not going to get much of a discount, whether its a 2009 or 2010 model.

What should I expect to pay for a coupe since that's actually what I'm interested in?

HP_Man says APA will give me a guaranteed rate?

VivienM
Nov 8th, 2009, 05:24 PM
Mind to share how much you paying your A4 Avant Quattro Prem per month?

Who cares? Anything leased (in Canada) before Oct./Nov. 2008 is going to have cost much less than now... sadly.

espeed
Nov 8th, 2009, 10:55 PM
What should I expect to pay for a coupe since that's actually what I'm interested in?

HP_Man says APA will give me a guaranteed rate?

:arrowu:

And also, when are the new BMW 335xi's? coming out (so I know how long of a lease I should get...3 vs 4 year)

Thanks

HP_John
Nov 9th, 2009, 07:14 AM
What should I expect to pay for a coupe since that's actually what I'm interested in?

HP_Man says APA will give me a guaranteed rate?

You will hear from all kinds of different people as to what is fair, but the truth is, it's very hard for the avg consumer to know on their own what the best deal is.

If you get the APA 1 yr membership at $65, you don't have to wonder. You can go out & try to get a better price than the APA price, if that fails, then at least you know the APA price you got is a great price.

Let's say you're in Toronto, & let's say the APA dealer is BMW Parkview (I don't know if this is the case, just an example). The APA has an agreement with Parkview for the month that they will honour a certain price for APA members. Let's say this price is $50,000 (again, just an example). Parkview will use that $50,000 purchase price to base your lease payments (eg $50 K minus residual value, + interest & tax).

For $65, you really have nothing to lose (it could save you thousands or at least hundreds compared to if you were uninformed) & you won't be left wondering if you really got a good price

dmpP
Nov 9th, 2009, 07:42 AM
What should I expect to pay for a coupe since that's actually what I'm interested in?

HP_Man says APA will give me a guaranteed rate?

yes... all you need to do is call the sales rep at the dealership that APA has an arrangement with, and do the credit check... and voila... done...

no hassle...

Tacoma
Nov 9th, 2009, 11:30 AM
If you don't want to haggle yourself in person, get a APA membership. APA is a consumer based, non-profit organization that does a lot of good work to help consumers like investigate used car dealers, repair shops, recall initiatives. It's $65 for a 1 yr membership, which includes 5 CCC style invoice reports, & guaranteed pre-negotiated prices on those 5 cars.

Instead of guessing what is fair, APA gives you an actual price you can buy or lease the car at, with an actual dealer who will accept it. They have agreements for Vancouver, Montreal, & Toronto I believe, so beware if you're not near these cities. The APA price is very good for the consumer, as it's usually better than what 95% of consumers would be able to haggle on their own, without the APA. APA prices are based on ever changing market conditions, there is no set % over invoice (eg different cars will have different markups), the amount of the dealer profit depends on the car & the current demand (eg late in a model yr you can get it cheaper).

Also, you're under no obligation, once you know the APA price, you can try to negotiate a better deal with non-APA dealers. Keep in mind that in my experience, you won't do much better than the APA price, but you'll be spending time haggling for another $100 or $200. APA approved dealers are straight forward, all the fees are itemized, you know what you're paying for so there's no 'surprise' fees. No haggle, no BS.

If you do buy from a APA dealer, there'll be another $65 referral fee paid to the APA by you, just so there's no surprises.

HP_John, APA should hire you into their marketing dept.!

I did a lot of research and checked the APA many years ago before I purchased my bimmer and my results indicated that the APA deal was not better than negotiating directly - at least not for BMW's. Things may have changed now but I doubt it.

gilboman
Nov 9th, 2009, 11:43 AM
HP_John, APA should hire you into their marketing dept.!

I did a lot of research and checked the APA many years ago before I purchased my bimmer and my results indicated that the APA deal was not better than negotiating directly - at least not for BMW's. Things may have changed now but I doubt it.

I dont think people are saying APA is going to be the lowest price you will get, but its definitely the MAX price you should pay. It's a negotiating tool, it's a measuring stick sort of on how good of a deal you are being offered by the dealer.

But if you choose not to deal with negoitating, you can buy from the APA dealer at the price offered which is usually a fair price and most likely better than what the dealer will offer you right off the bat.

espeed
Nov 9th, 2009, 01:01 PM
1. If I go to a dealer and ask for a coupe price, because coupe is in high demand now, what should I expect in terms of % profit above APA price?

2. Also, I have a trade-in to do. Will that make the dealer lower my trade-in price for my own car?

3. And re extras eg. trunk cover, mats, will those be non-negotiable after you ask for APA?

thanks

sb_tor
Nov 9th, 2009, 01:27 PM
It is not that more people buy coupes. Way way more people buy sedans. which is why bmw makes less coupes. right now their calculations appear to be wrong and the coupes are in short supply. or maybe they guessed (correctly?) and know that the bmw coupe buyer will pay whatever price and not run to another manufacturer.

dinb
Nov 9th, 2009, 01:46 PM
Where are all of these 335xi coups and sedans hiding? All I see in Ottawa 90% of the time is people being cheap and getting like 323i. It is super rare to find somebody even spend 3000$ extra for an xi version of a 3 serious sedan even though they are driving their kids and in the winter. Only people I see with a 335xi, stereotypes aside, are rich asian guys.

VivienM
Nov 9th, 2009, 04:20 PM
Where are all of these 335xi coups and sedans hiding? All I see in Ottawa 90% of the time is people being cheap and getting like 323i. It is super rare to find somebody even spend 3000$ extra for an xi version of a 3 serious sedan even though they are driving their kids and in the winter. Only people I see with a 335xi, stereotypes aside, are rich asian guys.

Keep in mind that the newer xDrive 3 series are not badged xi. They have an xDrive badge on the side instead...

... and keep in mind that Ottawa has far fewer fancy cars than somewhere like the GTA.

MaxwellMcGee
Nov 9th, 2009, 07:07 PM
Where are all of these 335xi coups and sedans hiding? All I see in Ottawa 90% of the time is people being cheap and getting like 323i. It is super rare to find somebody even spend 3000$ extra for an xi version of a 3 serious sedan even though they are driving their kids and in the winter. Only people I see with a 335xi, stereotypes aside, are rich asian guys.

One potential reason some people might prefer the 335i over the 335xi is the option to get the sport suspension on the 335i. If you drive both cars back to back, you'll notice the significant difference the sport suspension makes. Yes you can buy the 335xi and mod the suspension, but to those not comfortable modifying a car under warranty, getting a 335i with the sport suspension maybe the preferred route.

gilboman
Nov 9th, 2009, 11:47 PM
Where are all of these 335xi coups and sedans hiding? All I see in Ottawa 90% of the time is people being cheap and getting like 323i. It is super rare to find somebody even spend 3000$ extra for an xi version of a 3 serious sedan even though they are driving their kids and in the winter. Only people I see with a 335xi, stereotypes aside, are rich asian guys.

you gotta come to Richmond Hill/Markham... kids drive 335i's..their parents drive the higher end cars:lol:

HP_John
Nov 10th, 2009, 05:16 AM
HP_John, APA should hire you into their marketing dept.!

I did a lot of research and checked the APA many years ago before I purchased my bimmer and my results indicated that the APA deal was not better than negotiating directly - at least not for BMW's. Things may have changed now but I doubt it.

APA is a consumer based, non-profit organization (membership fees help them cover their costs), so no, they wouldn't be able to afford me, lol.

APA prices on Lexus were excellent, this is 1 month ago. The avg Joe has no idea how much to ask for or try to get off on a Lexus, APA price is better than 95% of them would be able to get on their own. It also saves a lot of headache.

dinb
Nov 10th, 2009, 11:33 AM
One potential reason some people might prefer the 335i over the 335xi is the option to get the sport suspension on the 335i. If you drive both cars back to back, you'll notice the significant difference the sport suspension makes. Yes you can buy the 335xi and mod the suspension, but to those not comfortable modifying a car under warranty, getting a 335i with the sport suspension maybe the preferred route.

I am pretty sure that you can get the sport suspension option on the xi models as well.

gilboman
Nov 10th, 2009, 01:32 PM
I am pretty sure that you can get the sport suspension option on the xi models as well.

are you sure? the Xi's ride even higher than the regular RWD ones i thought?

commie
Nov 10th, 2009, 05:09 PM
APA is a consumer based, non-profit organization (membership fees help them cover their costs), so no, they wouldn't be able to afford me, lol.

APA prices on Lexus were excellent, this is 1 month ago. The avg Joe has no idea how much to ask for or try to get off on a Lexus, APA price is better than 95% of them would be able to get on their own. It also saves a lot of headache.

If you're going to be buying a 2010 model, then APA will give you a good price..

But if you are after one of the remaining 2009's..then its better to negotiate with the dealer...They are desperate to get rid of them....
If you can still find a 2009 BMW on the dealer lot that has the options you like...Aim for at least 12-13% off the MSRP...
I got that in August..by now..you should be able to do better if not the same.