After negotiating I got this offer on a loaner with 5300 miles on it in CA:
2016 BMW 328i
MSRP 45400
Sale Price $35700
Monthly Payment $283 (tax included)
Drive off $3,800 (including $2400 Security Deposit, $599 Dealer Fee and $350 Title Fee)
In addition they are charging me $770 to ship it to my state. Should I pay Title fee if I am going to register the car in a different state? Any idea why they are charging me $2400 security deposit while 7 is the maximum authorized by BMW? Registration is not included. Is this a nice deal? Should I close it? I dot think they will go any lower.
My option B is a 2016 MBW 320i with 4300 miles.
MSRP: $37,375
Sales Price: $27,513
Monthly Payment $199 tax included
Drive Off $3800 (but only $1400 of Security Deposit vs $2400 of the 328 deal).
This is a basic car with no options, but the monthly fee is very cheap. Shipping is killing the deal at $1,150. What do you think guys? 328i deal which has premium package and cameras, the 320i basic model or should I focus on getting a brand new. Certainly I would prefer a 5 series, but cant go any higher on my payments, thats the reason I am attracted to deal B. Unfortunately I don’t qualify for any incentive (my first BMW so no loyalty, not college graduate nor military). I need to decide by tomorrow. Thanks for your input.