Price on 2004 325xi

[pietsch]

Hi,

I'm considering purchasing a new 2004 325xi and wanted to get feedback on the quote I got. Is this a good deal or can I do better?

$34,095 ($1,300) over invoice)

2004 325xi
manual trans
silver/gray
black leatherette
premium and cold weather packages
harmon kardon
includes destination charge

Thanks!

 

[MrElussive]

Hi, welcome to the forum.
Sounds like you got a pretty good deal. $1,300 over invoice is pretty sweet. Have you tried any other dealerships for a price quote?

 

[MyHarley]

Give me a day or two, I have forwarded your message to my salesman, I cant believe you have to pay over invoice........

 

[pietsch]

Thanks for your messages.

Mr.Elussive, I got a second dealer to match the quote but he would have to special order it whereas the first dealer had it on the lot.

MyHarley, I look forward to your salesman's opinion.

 

[MyHarley]

BTW, being in Houston, we're not very familiar with the cold weather package, what do you get besides the ski bag??

 

[pietsch]

Cold weather package comes with rear folding seats with ski bag, headlight washer, and heated front seats.

 

[MrElussive]

Give me a day or two, I have forwarded your message to my salesman, I cant believe you have to pay over invoice........

MyHarley, what's the problem with the price? He is paying well under MSRP...only $1,300 over invoice, I think he did pretty good!

 

[William330]

Give me a day or two, I have forwarded your message to my salesman, I cant believe you have to pay over invoice........

Dealers run a business. A fair profit, is a fair profit.

$0 is not a fair profit.

3-4% over invoice seems a fair deal.

 

[MyHarley]

Guys go back to reading Salesmanship 101.......there are more ways to making a profit than what you make over invoice...........I realize 0 profit is not fair..........I am in sales...........I'll PM you the results......

 

[Rpro2k3]

I live around DC and I think my dealership made $0 from my car. I got a 2004 325i standard with auto and heated seats for 30,707 with taxes and everything. Before taxes it came out to 29,500. I don't understand what kind of business it is.

 

[Bryan330i]

.......there are more ways to making a profit than what you make over invoice

I agree. And some people think that dealer invoice is dealer invoice is no profit...yea...I don't think so. BMW claims no holdback but I bet the incentives per vehicle are very nice for the dealership aside from the invoice to selling price markup.

By BMW’s own admission, the cars have a very high profit margin compared to most other cars (see BMW annual reports, bmw.com). I would guess that if a dealer sells a car for 3000.00 over invoice, and handles the entire transaction including financing, the take would be at least 5000.00 or more minimum including all incentives. And I think this is on the low end. I would think that a sale at invoice must be at least 2-3000.00 in the dealer’s pocket.

 

[MyHarley]

Thank you Bryan, at least you know the "blonde highlights" arent real......

 

[donmbmw]

Question: You say you ordered black leatherette, but then go on to say premium package. Doesn't the premium package on the Xi come with leather?

 

[Bryan330i]

Thank you Bryan, at least you know the "blonde highlights" arent real......

You know how it all works , blah, blah, blah, we just cant go any lower...we have nothing it in now as it is at the same time the guy in the booth is spending his commission on the deal. Some people believe it I guess but those big dealerships with all the overhead are not everywhere because they only have a couple of thousand in each car.

 

[Bryan330i]

PS-Autonation did $2,921,775,000 in profit after direct sales expense in 2003, 15.3% of sales. Not too bad for a 2-3% business hey. [fake]

 

[pietsch]

donmbmw,

Nope, the premium package doesn't include leather. Here's what's included:

8-way power front seats with 2-way manual headrests; 3-driver memory for exterior mirror and seat positions; automatic tilt-down of passenger’s side-view mirror when vehicle is shifted into reverse gear

Myrtle wood trim

2-way power glass moonroof with “one-touch” operation, sliding interior sunshade, and wind deflector

Automatic-dimming inside rear-view mirror

4-function on-board computer

BMW Assist integrated wireless communication system

 

[pietsch]

Hi,

Just got the dealer to come down to $500 over invoice on the one he has on the lot. Still shopping around...

 

[dpnguyen]

Have you looked at buying a new '03 (if your dealer has any left). The deltas between an '03 and '04 3-series are nil. I went looking for an '04 325 or 330 and ended up buying a brand new, loaded '03 for $4k off MSRP (approx $1500 below invoice). Needless to say, the factory is definitely giving the dealers incentive to rid themselves of the '03. Let me know if you want the details.

-D

 

[pietsch]

Well, I did it! Got the 325xi with manual trans, premium package, and cold weather package for $500 over invoice. Thanks for your posts.

 

[MrElussive]

Question: You say you ordered black leatherette, but then go on to say premium package. Doesn't the premium package on the Xi come with leather?

I once had that same question. The answer is that the Premium Package does that only for the 330 models.