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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
3503 messages, Last post on Dec 07, 2009 at 9:12 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kyfdx (Aug 08, 2004 9:02 am) Sorry I neglected the MSRP--it's $45,045. BTW the invoice is $41,270 (incl. $695 destination). Is $900 - $1,120 over invoice a good deal for a 2004 525i? If the mysterious, unspecified $260 in the cap. cost is indeed the acquisition fee, then is the acquisition fee ($260) PLUS the (stated) bank fee ($525) too high ($785)? Thanks again for the help--I'm feeling a little less shaky. |
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Why would a salesman move the bank fee from the drive-off (in one quote) to the cap. cost (in another quote)? Of course the move was done such that my monthly payments were NOT changed while my total drive-off was actually a bit HIGHER ($43.31)--AHA! When I challenged this, the salesman stated that the original quote was just an estimate and that the difference was insignificant--why are ALL the insignificant differences ALWAYS in favor of the dealership? (Rhetorical--AHA!) So is this a common strategy, i.e., offer a quote with the bank fee in the drive-off then moving it to the cap. cost as the close of the deal nears? Are there more benefits to the dealership that I'm not getting (PUN INTENDED)? Thanks again. |
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When he says they are only making $900, that means nothing... It could be true, but who knows? The difference could be MACO (advertising fee on the invoice) that dealers in some metropolitan areas have to pay. The amount is in the right ballpark for that. I believe $900-$1160 over invoice is a pretty good deal and might be a little lower than most people pay. regards, kyfdx |
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I will say this: Now that I have the MSRP, I ran all the numbers and they come out almost exactly what your dealer has given you.. So, it looks pretty darn good... The only thing I would suggest, is making the security deposit, and have them use the lower MF. This should increase your upfront about $160-$170, but will save you in the long run. You can always try to negotiate a lower cap cost.. If that $260 bothers you, tell them that is what is stopping you from making the deal. Since you are making a big cap cost reduction, any money you save goes straight into your pocket. A fair deal all around, I think. regards, kyfdx |
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It has been discussed or rumored before in this forum, but does anyone know when or if BMW is going to bring out the 535 with more horsepower. I am looking to buy 530, but would wait if I know 535 is coming out soon. ANy info would be greatly appreciated.
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Replying to: vrrmmm (Aug 08, 2004 5:18 am) |
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| I have a 2001 525i with 23,500 miles. Premium Package, ColdWeather Package perfect condition...and my lease is ending in 67 days. I love the car but this is probably my last new car - I'm planning on retiring in June, 2007 (59 1/2) - and I hate the cup holders -I know it sounds like such a 'blond' thing but I also think maybe the new 4 year 50000mile warranty would be a good thing too and I like the new ipod feature that can be added. I looked at the new 5 but he's giving me a really bad deal and I'm no good at bargaining. The sticker price was 45795. He would pay off my last 2 months of lease payment, I would put 3000 down and my payments would be 689 - 699 a month with a residual of $27934.95...awful, huh? I really got taken on the last one too...2500 down + gross capitalizaion of 992.48 residual value of 24574.60...payments of 684.28 a month....there's only one other dealer in the area and it's 35milesofbadroad away but I could go there....what should I do...keep the one I have or lease again or buy...I can afford the 689 a month but no more.. | |
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Replying to: jstchekin (May 01, 2004 1:44 pm) BTW, if you are getting NAV and hope to use it in Eurpoe you need to know that BMW will not give you a DvD disc for Europe. You can buy one but can't even borrow one.....go figure! Why Auto? This car screams for an MT. Or, if you have to compromise, had you considered SMG?
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| Have ordered a 2005 545I and the salesman told me that bluetooth would have to be installed by the dealer that it was not a factory option. Is this true? The salesman didn't sound very knowledgeable | |
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Replying to: cassidym (Aug 21, 2004 6:10 pm) Congratulations on your order - great car. May I ask, what did that $2k over ED invoice price work out to be? And the name of the dealer? I seem to recall you are in the Maryland area? I had been quoted $1,200 over ED invoice on a 5-series back in 2003 by Passport BMW. Perhaps the pricing has gone up a bit since then.
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