Last post on Aug 30, 2013 at 8:45 PM
You are in the BMW X3 & X5
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BMW X5, SUV
#479 of 1508 Price increases on Jan 1
Dec 29, 2001 (2:45 pm)
I stopped by my local BMW dealer today to order an X5, and he informed me that BMW is raising all the X5 invoice prices starting on Jan 1, 2002. Does anyone know if this is correct or is the dealer trying to squeeze more profit out of me with this tactic? For example, the dealer informed me that the 3.0i base invoice will increase from $355170 to $35560. Also, the option packages are also going to increase. The dealer also said that the MSRP may not change, just the invoice prices, which of course if not true, is another way to squeeze the consumer. Just want to make sure my dealer is on the up and up..
Dec 30, 2001 (7:06 am)
This is correct (or at least what I have been told by a reliable source) - the invoice price is going up 1% but the MSRP is staying the same. This is why I am going in tomorrow (12/31/01) and place an order for a 2002.
BTW, if you don't mind me asking, were you able to get the price you wanted or did you have to concede? Email me (MikePattersoncarolina.rr.com) or call me - I have a few questions for you off-line if you don't mind.
Dec 30, 2001 (10:58 am)
Yes, this is correct, the prices and lease factor will increase effective Jan. 1.
Dec 30, 2001 (6:09 pm)
Thanks for your response/comments. Were you referring to an X5 with the 3.0 or 4.4 engine? This car has the 4.4 engine. MSRP when new was $55000 +/-.
Hope you were referring to a 3.0. I would hate to think I need to take $6000 but I appreciate your feedback.
#483 of 1508 I pulled the trigger on the X-5 3.0 lease
Dec 31, 2001 (1:18 pm)
Had to work to get the .0019 money factor. Went with 42 mos., 15,000 miles per year.
Premium package, rear climate, xenon, automatic. $45,820 MSRP
Lease is $577/mo.
$600 Security Deposit
$577 First mos. payment
$330 Processing Fees
$1507 total initial payment
#484 of 1508 FYI--$577 includes 7% tax
Dec 31, 2001 (1:19 pm)
#485 of 1508 I pulled the trigger on the X-5 3.0 lease
Jan 01, 2002 (3:37 pm)
I did the same. The dealers were reluctant to give the .0019 money factor, but I was persistent. I have a $587 payment, but I had to pay about $500 in advertising and doc fees. Even though I hated all these fees (including the lease acquisition fee), getting a 2002 X5 for under $600 month with NO money down (except for required amounts - deposit, acq. fee and 1st payment) is still a good deal. But, since I decided to order mine from the factory, I was hit by the 1% increase in invoice costs starting 1/1/2002. I ended up getting about $1800 off MSRP and based on previous posts, that is a decent deal.
#486 of 1508 Help with discount
Jan 02, 2002 (5:46 am)
I am considering buying a X5 3.0 that was used as a dealer demo. It has about 4500 miles and it is a 1991. What kind of discount should I demand given these two facts?
Jan 02, 2002 (10:22 am)
I would buy that 1991 X5 3.0 at any price dude. Those are SO hard to come by. So rare in fact, that I have never even heard of such a thing until just now!!! And just 4500 miles of driving in 11 years (must have been to and fro the prototype garage! LOL
Jan 02, 2002 (12:14 pm)
MACO fees are legit. Don't fret over it. Even Edmunds says you should expect to pay such a fee. What they don't want you to have to pay is the cost of local advertising by the dealer.