Ordering 2008 335I

OTK_KART · 08-02-2007, 05:06 PM

I am thinking of ordering a 08 335i with sport package. Anyone know what the finance rate is going to be for 48 months. I know it is 4.9% for 2007 and the website does not mentioned anything for 08. The dealer only gives me $20,000 for my trade and that is the only thing it hold me back right now. I would be way ahead if I sell my car private and try to get some discount off by doing a straight deal, right? The salesman told me they don't discount their car if I have to order it in. They would only give discount if I buy the car off their lot. Could that be possible?

Alex_bm · 08-02-2007, 07:23 PM

Dealers make profit regardless where they get the car from. It's a matter of demand level. If it's high dealers will try to squiz as much as possible of the deal.
Shop around, or try one of car pricing services to get an idea on a real market price.

Quote:

Originally Posted by joech

I am thinking of ordering a 08 335i with sport package. Anyone know what the finance rate is going to be for 48 months. I know it is 4.9% for 2007 and the website does not mentioned anything for 08. The dealer only gives me $20,000 for my trade and that is the only thing it hold me back right now. I would be way ahead if I sell my car private and try to get some discount off by doing a straight deal, right? The salesman told me they don't discount their car if I have to order it in. They would only give discount if I buy the car off their lot. Could that be possible?

notsure · 08-02-2007, 08:03 PM

Quote:

Originally Posted by joech

I am thinking of ordering a 08 335i with sport package. Anyone know what the finance rate is going to be for 48 months. I know it is 4.9% for 2007 and the website does not mentioned anything for 08. The dealer only gives me $20,000 for my trade and that is the only thing it hold me back right now. I would be way ahead if I sell my car private and try to get some discount off by doing a straight deal, right? The salesman told me they don't discount their car if I have to order it in. They would only give discount if I buy the car off their lot. Could that be possible?

I went back to the two local dealers this week and the party line at the moment seems to indicate I'd be lucky to get MSRP on a 2008 E90 335i at the moment - with or without trade-in. They also mentioned they would NOT be offering 4.9% on 08s but couldn't give me an idea as to how much it would go up.

I'll be driving westward in a few weeks so I'll stop at as many dealerships as I can between here and the border @ Manitoba.

kenneth · 08-03-2007, 06:17 AM

you should be able to get a few % off msrp. better for the sedan than the coupe though.

Valmont · 08-03-2007, 10:34 AM

4.9% ??? that sounds like the Sedan and not the Coupe.....

notsure · 08-03-2007, 10:52 AM

Quote:

Originally Posted by Valmont

4.9% ??? that sounds like the Sedan and not the Coupe.....

Yes, the E90 is a sedan... no?

Bimmerista · 08-03-2007, 11:01 AM

Yes, e90 is the sedan. You can get around 2% discount of MRSP if you order, and up to 4% if the car is on the lot. The reason is that a car on the lot is already paid for by dealer so if unsold just costs the dealer money (dealer's line of credit with bank). So dealer wants to move on-lot inventory quickly.

The finance rate is set by BMW of Canada, not the dealer(s). So for 07 models it is 4.9%. The dealer will not know the rate for 08s until BMW Canada tells them. I assume it will be 6.9% as usual (same as e92 and X5).

notsure · 08-03-2007, 12:26 PM

Quote:

Originally Posted by Bimmerista

Yes, e90 is the sedan. You can get around 2% discount of MRSP if you order, and up to 4% if the car is on the lot. The reason is that a car on the lot is already paid for by dealer so if unsold just costs the dealer money (dealer's line of credit with bank). So dealer wants to move on-lot inventory quickly.

The finance rate is set by BMW of Canada, not the dealer(s). So for 07 models it is 4.9%. The dealer will not know the rate for 08s until BMW Canada tells them. I assume it will be 6.9% as usual (same as e92 and X5).

Wow, sounds like instead of driving west I need to drive a little east!

I'm ready to jump in now at 2% - 4% below MSRP for an 08 E90 335i. I get the feeling the local dealers are waiting to see what the real demand will be for them before agreeing to this kind of thing. Business must have been slow when I got my 04 because I don't remember this kind of BS.

BMW FS won't be doing themselves any favours if their rate is above prime. Getting the bank to lend most people money at prime doesn't seem to be very difficult these days.

Alex_bm · 08-03-2007, 12:31 PM

I got 4% and I ordered.

Quote:

Originally Posted by Bimmerista

Yes, e90 is the sedan. You can get around 2% discount of MRSP if you order, and up to 4% if the car is on the lot. The reason is that a car on the lot is already paid for by dealer so if unsold just costs the dealer money (dealer's line of credit with bank). So dealer wants to move on-lot inventory quickly.

The finance rate is set by BMW of Canada, not the dealer(s). So for 07 models it is 4.9%. The dealer will not know the rate for 08s until BMW Canada tells them. I assume it will be 6.9% as usual (same as e92 and X5).

Bimmerista · 08-03-2007, 01:54 PM

Unless you are Bill gates banks are going to give you prime plus 1 these days, and that's more than 6.9%

Discount depends entirely on when you order, what your relationship is with the dealer/SA and which model you order. I can now have for the same price I paid for a 328, the 335 equiped very close to mine

But when I got the 328, the 335 was sold at MSRP without discount and a finance rate of 7.45%

Rewted · 08-03-2007, 02:09 PM

I too negotiated 3.5% off an 08 e92 335i, and had my PDI matched, along with other fees. You can do better.

notsure · 08-03-2007, 02:10 PM

Quote:

Originally Posted by Bimmerista

Unless you are Bill gates banks are going to give you prime plus 1 these days, and that's more than 6.9%

Discount depends entirely on when you order, what your relationship is with the dealer/SA and which model you order. I can now have for the same price I paid for a 328, the 335 equiped very close to mine

But when I got the 328, the 335 was sold at MSRP without discount and a finance rate of 7.45%

I'm no Bill Gates and I've been getting prime interest rates for some time now.

The BWM dealers may have the car I want but I've got the patience - hopefully one of them will accept my offer or make a reasonable counter before my patience runs out. The in-laws seem to have a good relationship with their dealer so I'm going to check it out in a couple of weeks - by my math it's worth driving the 6 hours each way to get the deal I want on the 335i.

08-02-2007, 05:06 PM	#1
OTK_KART Second Lieutenant 10 Rep 283 Posts Drives: cars with 4 wheels Join Date: Aug 2006 Location: Alberta iTrader: (1)	Ordering 2008 335I I am thinking of ordering a 08 335i with sport package. Anyone know what the finance rate is going to be for 48 months. I know it is 4.9% for 2007 and the website does not mentioned anything for 08. The dealer only gives me $20,000 for my trade and that is the only thing it hold me back right now. I would be way ahead if I sell my car private and try to get some discount off by doing a straight deal, right? The salesman told me they don't discount their car if I have to order it in. They would only give discount if I buy the car off their lot. Could that be possible?
	Appreciate 0 Tweet Quote

08-03-2007, 06:17 AM	#4
kenneth Major General 125 Rep 8,745 Posts Drives: 335i Sedan Join Date: Mar 2007 Location: Montreal iTrader: (16)	you should be able to get a few % off msrp. better for the sedan than the coupe though. __________________ SB, Terra, 6MT. Only a few mods here and there.....nothing extreme!
	Appreciate 0 Quote

08-03-2007, 10:34 AM	#5
Valmont Private First Class 1 Rep 123 Posts Drives: 335i Coupe, Alpine White Join Date: Jul 2007 Location: Toronto, Canada iTrader: (0)	4.9% ??? that sounds like the Sedan and not the Coupe.....
	Appreciate 0 Quote

08-03-2007, 11:01 AM	#7
Bimmerista Major General 83 Rep 5,732 Posts Drives: superstock Join Date: Aug 2005 Location: Montreal, Quebec, Canada iTrader: (0)	Yes, e90 is the sedan. You can get around 2% discount of MRSP if you order, and up to 4% if the car is on the lot. The reason is that a car on the lot is already paid for by dealer so if unsold just costs the dealer money (dealer's line of credit with bank). So dealer wants to move on-lot inventory quickly. The finance rate is set by BMW of Canada, not the dealer(s). So for 07 models it is 4.9%. The dealer will not know the rate for 08s until BMW Canada tells them. I assume it will be 6.9% as usual (same as e92 and X5). __________________ __________________________ 2016 435 xdrive GC white on black leather interior, Msport1, Msport2, premium package 2015 Lincoln MKX, silver on brown leather, premium package - that's right! Techno-Groovy baby
	Appreciate 0 Quote

08-03-2007, 01:54 PM	#10
Bimmerista Major General 83 Rep 5,732 Posts Drives: superstock Join Date: Aug 2005 Location: Montreal, Quebec, Canada iTrader: (0)	Unless you are Bill gates banks are going to give you prime plus 1 these days, and that's more than 6.9% Discount depends entirely on when you order, what your relationship is with the dealer/SA and which model you order. I can now have for the same price I paid for a 328, the 335 equiped very close to mine But when I got the 328, the 335 was sold at MSRP without discount and a finance rate of 7.45% __________________ __________________________ 2016 435 xdrive GC white on black leather interior, Msport1, Msport2, premium package 2015 Lincoln MKX, silver on brown leather, premium package - that's right! Techno-Groovy baby
	Appreciate 0 Quote

08-03-2007, 02:09 PM	#11
Rewted Captain 316 Rep 909 Posts Drives: M3 Join Date: Mar 2007 Location: Canada iTrader: (0)	I too negotiated 3.5% off an 08 e92 335i, and had my PDI matched, along with other fees. You can do better.
	Appreciate 0 Quote