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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

What is this discussion about? BMW 5 Series, Sedan, Wagon


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#1128 of 3499
Re: 5-series engines / pricing competitiveness [pen101] by kyfdx HOST
Nov 20, 2004 (12:16 pm)
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Replying to: pen101 (Nov 20, 2004 2:06 am)

I think the list price of the extended warranty for a 5-series is $2749... If your dealer can do it for $2395, plus get you a better price than the residual on your contract, then that may be the way to go...
 
I agree about the weak dollar, but BMW still has to be competitive and maintain market share, even if it means some short-term losses or profit reductions.. The Euro could go to $2.00 tomorrow, but that doesn't mean they can pull off a 50% increase in price. It may put pressure on their bottom line, but they still have to compete in the markets they have chosen to do business in.... Most companies look at it as a short-term fluctuation.. A majority of BMWAG is family-owned.. Companies like that can ride out ups and downs better than a purely public company that has to answer to shareholders and make their quarterly projections, so that management can collect their bonuses..
 
regards,
kyfdx
#1129 of 3499
Could I do better?? by bmwnewbie530i
Nov 22, 2004 (10:51 am)
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Can someone with experience (perhaps a dealer on the forum) tell me whther I am getting a good deal?
 
2005 530i orient blue/auburn leather including:
automatic, premium package, cold weather package, sport package, premium sound, xenon headlamps, navigation, head up display, park distance control, rear side airbag.
 
Destination charge = $695
36 month lease; 10,000 miles/yr
NY Sales Tax = 8.75%
Money Factor = 0.00150 = 3.6%
Residual = 63%
$4000 down payment covering tax, acquisition fee ($1,000), 1st month payment, tags ($68), etc.
 
Lease payment $675.52 per month.
#1130 of 3499
Buying Down The rate on a 5 Series by azbmwx5
Nov 23, 2004 (5:43 pm)
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I posted a message in the Lease section as well, but I am shopping for a 5 series, and my dealer told me that you cannot use multiple security deposits to buy down the rate if the rate is already "Subvented" or supported by BMW Finance. They also told me the "special" money factor was .0019, so they were adding the famous mark-up. Does anyone know what is correct regarding the buy down of the rate with multiple security deposits. In 2001 I was able to do this on a 325CI with no restrictions and the interest rate was therefore very low. Thanks!
#1131 of 3499
Purchasing inquiries E60 530i by nyccarguy
Nov 23, 2004 (7:36 pm)
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So after almost 3 years of suffering with her 2002 A6 3.0 Quattro (and the awful service department and customer service that came standard), we set out to test drive cars for her in case she has to order for sometime in March. She has it in her head that she NEEDS AWD and we're trying to convince her otherwise. She drove a 330xi and liked it, but thought the trunk and back seat were a bit too small. SO we're talking to the salesman and she's eyeing this 530i in the showroom. So we took it for a test drive. After driving the 530iA (bangalized and all), she decided she could live without AWD. She's genuinely excited about a car for the first time since she ordered a 1998 MB CLK 320 (the car she drove before the A6) back in August of 1997. So her positive test drive along with my Dad's excellent experience with his '04 X5 3.0i lead her to believe that her next car will be the 530iA. Now I have some buying questions:
 
The car in question is an '05 530iA with Steptronic, Leather, Premium Package, Cold Weather, and Xenon headlights.
 
MSRP is 50,720
Capitalized cost (right now) $48,300 (about $1500 over invoice)
36 month/15K per year lease
60% residual
.0015 money factor
$0 Cap cost reduction
$667.56 per month
 
Has anybody seen better on an '05?
#1132 of 3499
Re: Buying Down The rate on a 5 Series [azbmwx5] by kyfdx HOST
Nov 24, 2004 (6:58 am)
Reply

Replying to: azbmwx5 (Nov 23, 2004 5:43 pm)

I'm not an expert on the MSD program, but it did change.. I'll tell you what I believe to be accurate.. take it with a grain of salt.
 
1) MSD has always been available on BMWFS leases, even the "subvented" ones.
 
2) In 2001, you got a .0001 reduction for up to 9 extra deposits... that has changed.. the reduction is now half what it was and the extra deposits are restricted to 5.
 
3) So, before you could save .0009 with 9 extra deposits.. Now, you can save .00025 with 5 extra.
 
As you can see, it is not nearly as generous as it was before.. It still makes a little financial sense, but not enough to worry about.. You can save a LOT more by just getting them to use the base rates.
 
regards,
kyfdx
#1133 of 3499
Re: Purchasing inquiries E60 530i [nyccarguy] by kyfdx HOST
Nov 24, 2004 (7:03 am)
Reply

Replying to: nyccarguy (Nov 23, 2004 7:36 pm)

Those are the base rates...
 
Don't know about the going purchase price.. but, I ran the lease numbers and got $627/mo + tax.. If you roll the $525 acq.fee into the cap cost, it comes to $643/mo + tax.
 
There could be different figures for NY, not sure..
#1134 of 3499
Tax rate by nyccarguy
Nov 24, 2004 (5:14 pm)
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in Rockland County where my parents live is 8.125%. The bank fee in NY is more than $525 because of the lovely loopholes in the law that allowed people to sue lending institutions for millions of dollars when someone in a leased car was involved in an accident. Many mfrs stopped leasing in NY for about 8 months. The banks recouped some of the money by charging more on the leasing fees.
 
Their up front costs will be as follows: 1st month, Security, Bank fee, & DMV fees (also quite pricey in NY).
#1135 of 3499
5 Series makes the Bad List by sapparo
Nov 25, 2004 (5:35 pm)
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http://money.cnn.com/2004/11/08/pf/autos/cr_auto_reliability/
 
Whats going on with these new german makes nothing but problems it seems? First the 7 series was blasted for its styling and then poor reliability of electronics. What are the issues with the 5 series now? Seems like the all new AWD Acura RL which is prob. the most advanced car going right now in the class is the best bet. The Audi A6 is appealing only on the inside that front schnoze is super overdone and hideous.
#1136 of 3499
Need my buddy kyfdx by motowneer
Nov 26, 2004 (4:44 am)
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I normally know my way around a regular retail purchace, but for the first time, I'm considering leasing and really need some concrete advice. They just came out with some special lease rates on the slow selling. homely 5 series(but I like it and see it as an opportunity.) Anyway, I'm looking at an '05 530i...total msrp is$50,970. I know it's a waste to dump down payment on leasing but I'll give them 2500.00 and roll the 1st pmt. and sec. deposit into lease. They've come back with 575 a month on a 36 month lease at 10K miles a year. I'm fine with 10K miles as I don't drive a lot. Bottom line, is it unrealistic to want a payment of 540 to 550 a month knowing they are going to start using the new engine(r36) in March production, so buying now means I'm getting the older tech engine? Thanks! Hope you can help. Pittsburgh area.
#1137 of 3499
by kyfdx HOST
Nov 26, 2004 (7:46 am)
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If your total upfront is $2500, then $575/mo plus tax is about $2000 off MSRP... Not bad, you might be able to knock another $25-$30/mo. off that.. If the $575 is including tax, you might be close to the bottom line.
 
regards,
kyfdx

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