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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
3499 messages, Last post on Dec 04, 2009 at 9:29 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: alex123 (Nov 17, 2004 4:45 am) Anyway, what is your tax rate? I'll check the numbers for you.
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Replying to: kyfdx (Nov 17, 2004 6:30 am)  Terry. |
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Replying to: kyfdx (Nov 17, 2004 6:30 am) Using your figures, I come up with a payment of $677/mo + tax.. So, your dealer's numbers appear to be right on the money.. 1) Your price is right about $2000 over invoice.. I agree with Terry.. seems fair, but you might be able to beat another $500 out of them.. $500 will save you about $15/mo. 2) Can you get by with only 10K miles/yr.? The cheapest miles you can buy is the jump from 10K to 12K.... That would only add about $16/mo to your payment... Maybe you could try negotiating the extra mileage, rather than the lower price.. It will cost them $585 to give you the higher mileage for the same price. 3) Even though that MSRP is hideously expensive, the lease deals are pretty good.. and, from all appearances, your dealer is giving you the base rates on MF and acquisition fee. The residual for the 10K lease is 63% and the MF is .0015 4) If you can live with a 530i with less options, you can save substantially.. Get the same deal on one with an MSRP of $55K, and your payment drops about $45/mo. All in all, a pretty good deal, and your dealer is not "playing" with the numbers. regards, kyfdx
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Replying to: kyfdx (Nov 17, 2004 6:53 am) all options will take it to 64K area and with Rear Deck Spoiler+Illuminated Door Sills+ Leather/Wood Gear Shift Knob+ ,etc... - 70K I can probably live without premium sound, I usually do that would save me couple of bucks Or I can look in to getting 545 with even less options and lower residuals |
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Replying to: designman (Nov 17, 2004 6:16 am) I will point out, however, that my 1995 Maxima with 153k miles has been "sitting" for the past three months. In the 10 years I was driving it, I didn't have a single repair until 110k miles. And, up until I bought an Acura TL in May, the Maxima ran perfectly. Yet, when my wife tried moving it yesterday, the battery was dead. After jump starting it, the clutch wouldn't go far enough in to get into reverse gear. After filling the clutch fluid and finally getting it into reverse and driving it, the brakes were making a horrible noise. Even the engine felt rough, but I may just be used to the Acura. In any event, I think I should give it to someone who will put it to good use. I didn't trade it because it wasn't worth much, but it obviously doesn't like sitting. Back to the M5. Consider your points made and my opinions modified accordingly. |
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**'03 530i that he bought on Ebay... drove it straight home.. ten hours.. 6K miles, 5-speed, premium, Xenons, stereo upgrade, PDC, etc.. Silver w/black leather.. $30,450 total.. plus taxes when he registers it.** .... In this particular case, this guy just "flat" stole it, even $35,0 would have been fair .... once you get into that $50,000+ market, your getting into some rarefied air .. thats why Bimmer dealers load up with clean low miler 02/03's, it expands their selling market by 50%+ ........ Terry. |
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Just picked up my new 530. Car equipped with nav system, premium package, premium sound, steptronic, Xenon adaptive headlights, cold weather package and satellite radio prep listed for 54,395. The cost to me was 51,350 which was 3045 discount from list and a little over 1500 over invoice which was 49785. I thought this was a fair deal and is a pretty good barometer as to what type of deal is available right now on the 530.
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Replying to: rrusso1 (Nov 18, 2004 5:29 am) By the way the vicious rumor is that the new 7 series coming out this approaching Fall will have a new V8 that will be slated for the E60 in September 2005 or 2006! |
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As recently as two years ago, a well equiped 530i could be purchased in the $40-42k range through ED. A 540i 6-speed could be purchased in the $51-$53k range. I had thought that the former 528i had been underpowered, but the newly introduced 530i was quite competitive. If you had asked me two to three years ago, the 530i would have been well up on my list as a replacement sedan for my aging Nissan Maxima. I milked the Maxima for another couple of years and got a Honda S2000 as a fun car in the meantime. But when it finally came to replacing the Maxima in May, I ended up with a 2004 Acura TL 6-speed for $33.5k. I was still cool to the new 5-series aesthetics and i-drive. Prior to the redesign of the TL and availability of an S2000 like 6-speed, it was never on my shopping list, period. I still find the 5-series to be highly attractive and am getting over my adjustment period to the new exterior style. However, from this forum, prices seems to have crept up to the low $50's for a 530i and low $60's for a loaded 5454i 6-speed. And, I hate to admit, that while the 530i felt like a good improvement over the 528i when I was driving a 7 year old 190 hp. 1995 Maxima, the new 530i returns to feeling underpowered compared to a 270 hp 2004 TL 6-speed. My conclusion is that, in hindsight, the 2002/2003 530i 5-speed at $42k +/- was very value competitive with the "near luxury" FWD Japanese alternatives of it's day (TL, ES, Maxima). $10-13k more expensive, but worth it back then, IMO. The current 530i appears to be far less value competitive, given the nearly $20k differential and significant horsepower disadvantage the 6-cylinder 530i now gives up to the competition. In a relatively short two-three years, I would now have to jump to a $60k+ 545i to get the same satisfaction a $40k 530i might have provided in 2002/3. I'm wondering how many others who have tracked the 5-series for the last few years feel the same way.
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It is hard to compare horsepower... The TL just got that big bump, and the 5-series is due for a new engine next year... Word is, it will have 258HP.. That will even that out a little.. I will say.. the price of the new 5-series seems incredibly high.. BMWs have always sold at a premium to the market.. but...shewwwww. Actually, I think the spread is due to Acura holding the line on prices, more than BMW really jacking them up... We had a '94 Vigor, which was more or less equivalent to the TL in the Acura lineup.. It had an MSRP of $29K.. So, in 11 years, MSRP has only risen $4500... and, of course the TL has much more standard.. |
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