Argh! BMW dealer won't work with invoice pricing

TENCHI · 04-15-2009, 03:05 PM

So I had a deal ready and the only thing we were waiting for was to get closer to the end of my current lease before signing onto a new one.

That salesman calls back and says that they can't do it for that price. They are trying to charge me $61k MSRP for the car when we agreed on invoice +1000.

So I went to another dealer and they didn't even know what invoice was. They kept on telling how at $61k msrp their margins don't allow for much negotiation.

I ran a lease calculator with these figures:

using a MSRP of approx $61k
Cap cost of $1000 over invoice ($53k)
residual of 60% for 3/36
MF of .00175
BMW loyalty program rebate $2500
BMW 5 series rebate $2500

I get a payment with taxes of $522. I offered them $540 and they refused.

what do you think?

vgame64 · 04-15-2009, 03:38 PM

I think that both dealers are scumbags.

akared · 04-15-2009, 04:21 PM

Sucks about the first dealership. I can't get dealerships in south Texas to go off go off of invoice plus either.

JW_BMW · 04-17-2009, 12:54 PM

Quote:

Originally Posted by TENCHI

So I had a deal ready and the only thing we were waiting for was to get closer to the end of my current lease before signing onto a new one.

That salesman calls back and says that they can't do it for that price. They are trying to charge me $61k MSRP for the car when we agreed on invoice +1000.

So I went to another dealer and they didn't even know what invoice was. They kept on telling how at $61k msrp their margins don't allow for much negotiation.

I ran a lease calculator with these figures:

using a MSRP of approx $61k
Cap cost of $1000 over invoice ($53k)
residual of 60% for 3/36
MF of .00175
BMW loyalty program rebate $2500
BMW 5 series rebate $2500

I get a payment with taxes of $522. I offered them $540 and they refused.

what do you think?

If MSRP = 61K... invoice CAN NOT be 52K. There isn't +9K in markups on the 5.

BMW Conquest program CAN NOT be combined with BMW loyalty program. It's either/or not both.

You are factoring your lease incorrectly.

Zirenz2006 · 04-17-2009, 01:27 PM

you better recheck that invoice price, 9k difference between invoice and MSRP can't be right

Sal@AUTOcouture · 04-20-2009, 12:39 PM

ur numbers are WAY off

TENCHI · 04-21-2009, 06:04 PM

yah, a little off. I went off by what the salesman was telling me. $61k MSRP for his car. the invoice sheet I got says $52 and change.

and yeah, only 1 rebate...cannot combine 2

THE JEDI · 04-26-2009, 08:20 PM

Hey these guys gotta eat..and your the meal.....hehehhe.....

04-15-2009, 03:05 PM	#1
TENCHI Lieutenant 53 Rep 552 Posts Drives: '19 G12, '17 E300 Join Date: Feb 2006 Location: Seattle iTrader: (0)	Argh! BMW dealer won't work with invoice pricing So I had a deal ready and the only thing we were waiting for was to get closer to the end of my current lease before signing onto a new one. That salesman calls back and says that they can't do it for that price. They are trying to charge me $61k MSRP for the car when we agreed on invoice +1000. So I went to another dealer and they didn't even know what invoice was. They kept on telling how at $61k msrp their margins don't allow for much negotiation. I ran a lease calculator with these figures: using a MSRP of approx $61k Cap cost of $1000 over invoice ($53k) residual of 60% for 3/36 MF of .00175 BMW loyalty program rebate $2500 BMW 5 series rebate $2500 I get a payment with taxes of $522. I offered them $540 and they refused. what do you think? __________________
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04-15-2009, 03:38 PM	#2
vgame64 Colonel 141 Rep 2,479 Posts Drives: BMW 335i Join Date: Jul 2008 Location: USA iTrader: (9)	I think that both dealers are scumbags.
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04-15-2009, 04:21 PM	#3
akared Registered 0 Rep 2 Posts Drives: f150 Join Date: Feb 2009 Location: texas iTrader: (0)	Sucks about the first dealership. I can't get dealerships in south Texas to go off go off of invoice plus either.
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04-17-2009, 01:27 PM	#5
Zirenz2006 Brigadier General 1575 Rep 4,577 Posts Drives: G80 M3 Comp IOMG Join Date: Aug 2006 Location: US - NE iTrader: (0)	you better recheck that invoice price, 9k difference between invoice and MSRP can't be right __________________ Current: 2021 ///M3 Competition Isle of Man Green Ordered: 2024 ///M2 Zandvoort Blue Past: 2018 X3 ///M40i \| 2012 *328i* \| 2009 *335i* \| 2007 *335i Coupe* \| 2005 *545i* \| 2001 *325i*
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04-20-2009, 12:39 PM	#6
Sal@AUTOcouture 733 Rep 10,105 Posts Drives: E93 M3, E36 M3 Join Date: Feb 2007 Location: Sofla iTrader: (30)	ur numbers are WAY off
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04-21-2009, 06:04 PM	#7
TENCHI Lieutenant 53 Rep 552 Posts Drives: '19 G12, '17 E300 Join Date: Feb 2006 Location: Seattle iTrader: (0)	yah, a little off. I went off by what the salesman was telling me. $61k MSRP for his car. the invoice sheet I got says $52 and change. and yeah, only 1 rebate...cannot combine 2 __________________
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04-26-2009, 08:20 PM	#8
THE JEDI Major 123 Rep 1,461 Posts Drives: 2005 Z4 2.5i Join Date: Aug 2005 Location: JAPAN, Okinawa iTrader: (0)	Hey these guys gotta eat..and your the meal.....hehehhe.....
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