ED Pricing Help

Dmitriy@AUTOcouture · 02-03-2009, 03:25 PM

Hey guys,

Need your help - want to make sure I'm doing everything correctly...

I'm looking to do an ED in August, on my 3rd BMW a '09 E92 335i (I currently have a 07 335i E90). I know rates may change 8 times before I actually execute the order and I know I can lock in a rate for 60 days and get the benefit of the lower rate if they change. But I just want to plan ahead as far as expense goes - I have A LOT of things going on this year.

Anyway, please see the attached spreadsheet I made and give any feedback you can. I priced the deal at $700 over invoice which is what I am hoping to get and at 9% tax built in (PA tax is 9% and cannot be paid upfront).

Please let me know your thoughts, ideas, anything you would think is useful.

Thanks in advance!

DS

Dmitriy@AUTOcouture · 02-03-2009, 06:50 PM

14 views and no response? Come on guys help a brother out.

chicagolab · 02-03-2009, 07:06 PM

the depreciation seems to be calculated right, I'm not sure about the interest (depends on money factor you get). You may want to do multiple security deposits to lower the money factor. If you do a european delivery, you will not regret it.

SteveMD · 02-03-2009, 07:53 PM

Can't open your file. What is it? Word? Acrobat? Excel?

Dmitriy@AUTOcouture · 02-03-2009, 07:55 PM

Quote:

Originally Posted by chicagolab

the depreciation seems to be calculated right, I'm not sure about the interest (depends on money factor you get). You may want to do multiple security deposits to lower the money factor. If you do a european delivery, you will not regret it.

I was thinking about MSD's but the payment at $700 over invoice (~$628) seems good for me...

The way I look at it is how my good friend Matt told me, its all about discipline. I can take the money I put into MSD's and put it into a CD at a decent interest rate instead, and make a better investment out of that.

What are the chances of me getting $500-$700 above invoice?

Dmitriy@AUTOcouture · 02-03-2009, 07:55 PM

Quote:

Originally Posted by SteveMD

Can't open your file. What is it? Word? Acrobat? Excel?

Hey Steve,

It is zipped with WinZip (can't attach .xls files on e90post for some reason) and is a Excel file.

Try unzipping it and open it with Google Docs (Here)

Targaflorio · 02-03-2009, 09:01 PM

Sorry, I'm not much good with using winzip etc.

I am in the same boat and have an appointment to sit down with my dealer on Friday to write up a lease ED order for the first time. I'm wondering how the rate lock is going to work as i'm convinced that the MF rates will get more competitive as the 09 MY rolls on and BMW understands that they simply can't make up US sales declines elsewehere. I believe the current rates are set until March 2, but often they reduce if they have to around the 5th of the month. So, is there much point in locking if the car isn't going to be picked up until after the 60th day?
If it helps - I have been offered $300 over invoice, with no MF mark up. I'll know for sure when I get down to the details on Friday. Apparently there is a small mark up on the ED MF, but no training fee!

chicagolab · 02-03-2009, 09:04 PM

$700 above ED price is great. I did $1200 and felt fine about the deal. $700 would be great. Just make sure the salesperson doing the ED has experience specifically with ED.

Dmitriy@AUTOcouture · 02-04-2009, 09:05 AM

Quote:

Originally Posted by chicagolab

$700 above ED price is great. I did $1200 and felt fine about the deal. $700 would be great. Just make sure the salesperson doing the ED has experience specifically with ED.

Thanks man! I really appreciate all your help.

Guys if you have any other advice please let me know...

Thanks!!

MoreCowbell · 02-05-2009, 10:25 PM

Quote:

Originally Posted by shpuntik

I was thinking about MSD's but the payment at $700 over invoice (~$628) seems good for me...

The way I look at it is how my good friend Matt told me, its all about discipline. I can take the money I put into MSD's and put it into a CD at a decent interest rate instead, and make a better investment out of that.

What are the chances of me getting $500-$700 above invoice?

1) CD rates are non-existant right now. I can wipe my ass anjd get better return(especially if i've eaten corn)
2) $500 over invoice is ABSOLUTELY doable. I just did 300 over invoice on the X5 and X5 sales were up almost 30% year-over-year in January
3) Don't get white
4) You have a LOT of expenses coming up up

Dmitriy@AUTOcouture · 02-06-2009, 09:45 AM

Quote:

Originally Posted by MoreCowbell

4) You have a LOT of expenses coming up up

I know man, I don't know how I'm going to do it... This year is tough.

02-03-2009, 06:50 PM	#2
Dmitriy@AUTOcouture Major 209 Rep 1,133 Posts Drives: carefully Join Date: Dec 2006 Location: NYC iTrader: (3)	14 views and no response? Come on guys help a brother out.
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02-03-2009, 07:06 PM	#3
chicagolab Lieutenant 30 Rep 407 Posts Drives: E90 330i 2006 TiAg Join Date: May 2006 Location: Chicago iTrader: (7)	the depreciation seems to be calculated right, I'm not sure about the interest (depends on money factor you get). You may want to do multiple security deposits to lower the money factor. If you do a european delivery, you will not regret it. __________________ E90 330i \| Titanium Silver \| Black/Aluminum \| Step \| Idrive \| Sunshades \| PDC \| Heated Seats \| M3 Lip \| Roof Spoiler \| Front Splitters \| Lux 5.0 \| Blacklines Link to my European Delivery write up: http://www.bimmerfest.com/forums/sho...d.php?t=143486
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02-03-2009, 07:53 PM	#4
SteveMD Colonel 196 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	Can't open your file. What is it? Word? Acrobat? Excel? __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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02-03-2009, 09:01 PM	#7
Targaflorio Enlisted Member 3 Rep 47 Posts Drives: 06 330i Manual Blk/Blk/Al Join Date: Jan 2009 Location: New England iTrader: (0)	Sorry, I'm not much good with using winzip etc. I am in the same boat and have an appointment to sit down with my dealer on Friday to write up a lease ED order for the first time. I'm wondering how the rate lock is going to work as i'm convinced that the MF rates will get more competitive as the 09 MY rolls on and BMW understands that they simply can't make up US sales declines elsewehere. I believe the current rates are set until March 2, but often they reduce if they have to around the 5th of the month. So, is there much point in locking if the car isn't going to be picked up until after the 60th day? If it helps - I have been offered $300 over invoice, with no MF mark up. I'll know for sure when I get down to the details on Friday. Apparently there is a small mark up on the ED MF, but no training fee!
	Appreciate 0 Quote

02-03-2009, 09:04 PM	#8
chicagolab Lieutenant 30 Rep 407 Posts Drives: E90 330i 2006 TiAg Join Date: May 2006 Location: Chicago iTrader: (7)	$700 above ED price is great. I did $1200 and felt fine about the deal. $700 would be great. Just make sure the salesperson doing the ED has experience specifically with ED. __________________ E90 330i \| Titanium Silver \| Black/Aluminum \| Step \| Idrive \| Sunshades \| PDC \| Heated Seats \| M3 Lip \| Roof Spoiler \| Front Splitters \| Lux 5.0 \| Blacklines Link to my European Delivery write up: http://www.bimmerfest.com/forums/sho...d.php?t=143486
	Appreciate 0 Quote