Last post on Aug 30, 2013 at 8:45 PM
You are in the BMW X3 & X5
What is this discussion about?
BMW X5, SUV
#774 of 1508 end of year deals!
Nov 03, 2002 (9:57 pm)
I just purchased a 2002 x5 3.o premium,climate,cold pkg.,auto, xenon. msrp $47,270. I paid $45,000 got free mats and 2.9% finance rate from bmw (special rate just started 11/1) I also got about $1500 more for my trade than I could get from any other dealer. So far I found one map light doesn't work but the ride is incompareable. If you want one buy a 2002 now. In a few years at trade in time you wont get much less than a 2003 but will pay much more for 03 now. to start they are $850 more than 02's. Take advantage of special fin. rate.
#775 of 1508 2.9% Rate
Nov 04, 2002 (5:45 am)
Is that only avail on new X5's? 2002 530?
Do you think they gave you more for your trade-in because they needed to move the 2002 to make room for the 03 or what?
Nov 04, 2002 (1:40 pm)
I think the rate 2.9, is available on all 02 models. I don"t know why they gave me so much more for my trade. The x5 had to be gotten from another dealer so it wasn't like they had to get rid of their inventory. I would definitely play one dealer against the other though. Tell them how much you'd rather do business with them than their competition. It seems to go a long way.
#777 of 1508 RE: End of year deals!
Nov 04, 2002 (6:09 pm)
I'm trying to get a 02 X5 3.0 with auto, Premium, Cold, Climate, parking distance control(which I don't care about) for $44K. No trade-in. The seemed to have conceded on 44.4K, but that is all over the phone. I'm sticking to 44K. I'll keep you posted. Oh, are the prices people quoting including shipping, or not?
#778 of 1508 re:spfrancis x5
Nov 04, 2002 (8:28 pm)
the vehicle you described is the exact one I purchased. I neglected to mention the parking dist. which I do have. I also have xenons which is a $500 OPTION SO i ACTUALLY PAID $44500 COMPARED TO the 44.4 you were offered. My advice...take the deal see if you could split the difference, maybe 44.2. Dont wait because you'll be back to paying the increased msrp for a 2003. You'll love the car and make sure you get the pick up service when you need service. good luck! Almost forgot...take advantage of the 2.9% fin. rate.
#779 of 1508 Advertising Fee???
Nov 05, 2002 (9:05 am)
Dealer asks for $200 "advertising fee" in Virginia and claims it is part of cost. Is this true or it's just another dealer trap?
#780 of 1508 re:spfrancis
Nov 05, 2002 (9:09 am)
Spfrancis: your first post said VOB quoted you 45.5K, how did you get the 44.4K quote later for the same equiped 02' X5? From another dealership?
#782 of 1508 End of model year leasing
Nov 07, 2002 (8:21 am)
hopefully I'm just repeating what people know. 2002 models lower base price may be offset by higher residual value on '03 models at lease end.
DZUBA - w./CPO's, my opinion and experience is that you are better off leasing a new car rather than leasing a used one, especially when resale prices are so high on used. Higher residual values, combined with longer maintenance program will probably mean less cost of ownership for an '03. If you're looking at CPO's (I have a Starmaked ML as well) I'd say buy, but for a lease, you've got to be better off with a new X5. Double check your dealer's rates (both residual and lease) to make sure he's being straight with you. Most dealers major profit centers are in their used vehicles, so watch out. Before I bought my used ML, i went to a friend whose a wholesaler and found out what they were going for at the auctions and ended up buying mine for about $1,000 over wholesale ($5,000 under asking price!).
Just make sure you explore all the numbers and have all the facts.
#783 of 1508 re: re: spfrancis
Nov 07, 2002 (1:14 pm)
When I was in my final phases of negotiations on the phone I was down to 44,580 for a 02 x5 3.0 auto, climate, cold, zenon, dimming mirrors. I just went in yesteday, and I got 44.4 for the above vehicle, and I took it. I think I could have dickered for another $100~, but taking the wife there, always makes it more diffcult. I would recommend not doing that. I did buy from VOB. They also threw in mats, cheap key chain, and rubber mats. I hope that helps.