Good Price for a 128i Premium Brand New? - BMW 3-Series (E90 E92) Forum

Havok_2011 · 12-11-2012, 12:48 PM

Hey guys,

My friend is looking to purchase a brand new 128i Premium Package. Dealership is offering $624 per month (including taxes), with a two grand deposit. This is for financing not leasing.

Wondering if this is a good/decent deal, or if she should try and ask for more...perhaps a winter set of rims and tires as well?

Hoping to hear from you guys. I also posted in the 1 series forums.

She will need probably decide in the next few hours.

Havok_2011 · 12-11-2012, 01:00 PM

tick tock tick tock lol

I guess the 3 series forum is a bad place to ask about pricing for a 1 series

bolty · 12-11-2012, 01:24 PM

Theres not enough info.

Dealers will typically try to fixate people on the the monthly payments. Tell her to work out a final purchase price with some amount of discount off of sticker price, then work the financing out from there.

Unfortunately, I dont know what a good discount for a 1er is these days. I got about 8 points off of sticker when I bought my car 4 years ago.

Havok_2011 · 12-11-2012, 01:54 PM

Quote:

Originally Posted by bolty

Theres not enough info.

Dealers will typically try to fixate people on the the monthly payments. Tell her to work out a final purchase price with some amount of discount off of sticker price, then work the financing out from there.

Unfortunately, I dont know what a good discount for a 1er is these days. I got about 8 points off of sticker when I bought my car 4 years ago.

I found out the sticker price for the car is $37,950.00 and then she needs to pay $3,860 to end the lease of her Mini.

However, she just told me the $624.00 per month is based on a balloon payment, so at the end there is still payment of just over $11,000.00.

I told her not to do it. I have balloon payments, its rigged for people that can't really afford the car, or get tricked into the low monthly payments. At the end of the day, you have paid too much for it.

I'm going to Downtown BMW tomorrow, and see what I can get a sale rep to give me for the same car she wants.

Zebra99 · 12-11-2012, 06:43 PM

Hey Havok,

I suggest you speak to 1lyfe. He has a new F30 328i and has an amazing deal. Maybe his sales guy can hook up your lady friend.

Cheers!

e90sexion · 12-12-2012, 04:36 AM

can you finance again with the balloon payments?

pepep · 12-12-2012, 05:41 AM

Quote:

Originally Posted by e90sexion

can you finance again with the balloon payments?

BMW Financial will not.

farbmw · 12-12-2012, 07:35 AM

Havok_2011 Tell your "friend" to buy the 135!

Havok_2011 · 12-12-2012, 11:06 AM

Quote:

Originally Posted by farbmw

Havok_2011 Tell your "friend" to buy the 135!

its too expensive for her, and she drives a lot, so at the end of the day, I'll have to deal with the car more than her when parts start to go, and turbos start to cause issues, etc etc.

PS: She is not allowed to have a car faster than mine. I FORBID IT!! lolsss jk jk

Havok_2011 · 12-12-2012, 11:07 AM

Quote:

Originally Posted by Zebra99

Hey Havok,

I suggest you speak to 1lyfe. He has a new F30 328i and has an amazing deal. Maybe his sales guy can hook up your lady friend.

Cheers!

Thanks for the heads up! Ill send him a message

Havok_2011 · 12-12-2012, 11:08 AM

Quote:

Originally Posted by e90sexion

can you finance again with the balloon payments?

I dont want her to do balloon payments. The offer they gave her for $624 a month was with a balloon payment of over 11 grand at the end. I think its a rip-off. Regular financing, or no car....all other options just gauge at your wallet.

bobblehead · 12-12-2012, 11:32 AM

This was sent to me today ... fr. BMW London ... lots of room still to negotiate as typical.

1lyfe · 12-12-2012, 01:52 PM

there's also a private sale at t&c tomorrow I can forward you the email and you rsvp

Havok_2011 · 12-12-2012, 03:03 PM

Quote:

Originally Posted by 1lyfe

there's also a private sale at t&c tomorrow I can forward you the email and you rsvp

That would be cool

Thanks for the pm response!! Really appreciate the info

Alex_bm · 12-12-2012, 03:10 PM

Quote:

Originally Posted by Havok_2011

Quote:

Originally Posted by bolty

Theres not enough info.

Dealers will typically try to fixate people on the the monthly payments. Tell her to work out a final purchase price with some amount of discount off of sticker price, then work the financing out from there.

Unfortunately, I dont know what a good discount for a 1er is these days. I got about 8 points off of sticker when I bought my car 4 years ago.

I found out the sticker price for the car is $37,950.00 and then she needs to pay $3,860 to end the lease of her Mini.

However, she just told me the $624.00 per month is based on a balloon payment, so at the end there is still payment of just over $11,000.00.

I told her not to do it. I have balloon payments, its rigged for people that can't really afford the car, or get tricked into the low monthly payments. At the end of the day, you have paid too much for it.

I'm going to Downtown BMW tomorrow, and see what I can get a sale rep to give me for the same car she wants.

Not entirely true in regards to balloon loans. You need to calculate the effective rate on the loan. If the rate is close to zero, it might be a good deal. You get to keep your cash and save on the interest.

bulldog x6 · 12-12-2012, 07:05 PM

you may as well lease if you are doing the owners choice financing

12-11-2012, 12:48 PM	#1
Havok_2011 BimmerPost Supporting Vendor Drives: Jerez Black Metallic M3 Join Date: Mar 2011 Location: Toronto Posts: 2,689 iTrader: (7) Garage List 2010 M3 Coupe [4.00] 2007 BMW E92 Coupe [3.49] 2005 350z Grand Tou ... [3.43] 2002 RSX-Type S [3.58]	Good Price for a 128i Premium Brand New? Hey guys, My friend is looking to purchase a brand new 128i Premium Package. Dealership is offering $624 per month (including taxes), with a two grand deposit. This is for financing not leasing. Wondering if this is a good/decent deal, or if she should try and ask for more...perhaps a winter set of rims and tires as well? Hoping to hear from you guys. I also posted in the 1 series forums. She will need probably decide in the next few hours.
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12-12-2012, 04:36 AM	#6
e90sexion E 9 0 S E X I O N Drives: like old times Join Date: Sep 2006 Location: Vancouver/WA Posts: 5,282 iTrader: (16)	can you finance again with the balloon payments? __________________ KW \| VOLK TE37SL \| RECARO \| BMW PE

12-12-2012, 07:35 AM	#8
farbmw Brigadier General Drives: 2008 335i gone 2011 335IS owed Join Date: Aug 2009 Location: Toronto Posts: 3,267 iTrader: (10)	Havok_2011 Tell your "friend" to buy the 135! __________________ Have BT Tool professional, will scan and clear codes on your BMW. And now I am able to code my 2011 335is!

12-12-2012, 11:32 AM	#12
bobblehead Colonel Drives: warp speed Join Date: Aug 2009 Location: Toronto, On Posts: 2,550 iTrader: (0)	This was sent to me today ... fr. BMW London ... lots of room still to negotiate as typical. Attached Images

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12-11-2012, 01:00 PM	#2
Havok_2011 BimmerPost Supporting Vendor Drives: Jerez Black Metallic M3 Join Date: Mar 2011 Location: Toronto Posts: 2,689 iTrader: (7) Garage List 2010 M3 Coupe [4.00] 2007 BMW E92 Coupe [3.49] 2005 350z Grand Tou ... [3.43] 2002 RSX-Type S [3.58]	tick tock tick tock lol I guess the 3 series forum is a bad place to ask about pricing for a 1 series

12-11-2012, 01:24 PM	#3
bolty /r/trees Drives: 08 e92 335xi Join Date: May 2008 Location: Ontario, Canada Posts: 837 iTrader: (3)	Theres not enough info. Dealers will typically try to fixate people on the the monthly payments. Tell her to work out a final purchase price with some amount of discount off of sticker price, then work the financing out from there. Unfortunately, I dont know what a good discount for a 1er is these days. I got about 8 points off of sticker when I bought my car 4 years ago.

12-11-2012, 06:43 PM	#5
Zebra99 Lieutenant Colonel Drives: 2008 335i E93 Join Date: Aug 2011 Location: Ontario Posts: 1,996 iTrader: (4) Garage List 2008 BMW 335i E93 [5.00]	Hey Havok, I suggest you speak to 1lyfe. He has a new F30 328i and has an amazing deal. Maybe his sales guy can hook up your lady friend. Cheers!

12-12-2012, 01:52 PM	#13
1lyfe Captain Drives: AW F30 328i Xdrive Join Date: Jan 2012 Location: Toronto Posts: 795 iTrader: (1)	there's also a private sale at t&c tomorrow I can forward you the email and you rsvp

12-12-2012, 07:05 PM	#16
bulldog x6 Major General Drives: x6 panzer Join Date: Oct 2008 Location: probably work Posts: 5,021 iTrader: (28)	you may as well lease if you are doing the owners choice financing