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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
2998 messages, Last post on Jun 28, 2008 at 8:04 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: nyccarguy (Dec 30, 2004 11:01 pm) I first found out about MMR from Terry on this board (thank you, Terry). Then I found I could get the MMR price from the dealer. But not all dealers will give you this number. The second dealer I went to was up front and honest and showed me the numbers (the first dealer I went to put in his own number for the MMR price, which was about $3K higher than actual). This second dealer said he would sell me the car at MMR. When other dealers started to call me to CPO my car with them, I aked if they too would sell me the car at MMR. Reluctantly they agreed. Then I worked on the CPO pricing. It was easy when you have a number of dealers competing for your business. Ultimately, I went with the upfront and honest dealer mentioned above. It is amazing at the deal one can get if you are educated about the pricing. |
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Replying to: rroyce10 (Dec 31, 2004 7:13 am) **The dealer has nothing to do with it, it's not their vehicle, it's not their title - always deal with the leasing company ...** Terry's advice may be right in most cases, but with me, I got a better deal going through the dealer than the leasing company, especially because I wanted to get the extended warranty of the CPO progam which I can only get through a BMW dealer. Buying the warranty separately (now an option) was more costly.
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Replying to: pen101 (Jan 03, 2005 5:14 pm) I see that you purchased the extended warranty for about $200 below dealer cost (if the BMW memo is correct). Did you get any idea of the dealer's actual cost for the CPO/extended warranty? Thanks
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Replying to: seloo (Jan 03, 2005 8:58 pm) They are required to bring the car up to CPO standards of course, but the dealers actual payment to BMWNA for the CPO warranty/designation is about $1000... Even though it is identical to the CPO warranty (thanks to you, I know that now), when they sell you the extended warranty on a car you already own, then that is a different transaction with different pricing.. regards, kyfdx
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Ok....I have a shade under three years and about 49k miles to go until this is going to be an issue for me, but...... If my 530i is relatively problem-free my plan is to purchase at lease end. I have a nice subsidy from my business on a leased car right now, so it's not a bad way to own this sucker long term. Anyway, what type of things are NOT covered once we hit 50k on these machines? I had a certified Audi A8, and they were very finicky on what was covered. I wouldn't expect wear items like brakes to be included, but electrical stuff wasn't always under their warrant. Almost seemd like I needed to search out my preferred service tech to see if he could "slip it in" under warranty. So....as a BMW newbie, how is the CPO overall? I know it's probably worthwhile to get (maybe even necessary?), but will I be frustrated with non-coverage? Thanks! |
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Replying to: kyfdx (Jan 04, 2005 8:03 am)
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Replying to: pen101 (Jan 04, 2005 5:23 pm) Never said the "dealer" made money .... said: BMWFS made money .. dealer did the paperwork, probably made few hundred, maybe, if any, and will hope to service the vehicle in the future, then make money ......................  Terry.
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Replying to: rroyce10 (Jan 05, 2005 6:56 am) I think pen101 was incredibly lucky to find a dealer that would disclose MMR price, and do this deal for a very minimal profit (if any).. I'm happy for him, but wouldn't you consider this a hard thing to pull off for most buyers approaching lease-end on their BMW? regards, kyfdx |
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Is there such a thing as MACO? The guy at the dealer is saying... "MACO is a fee charged to all Bay Area Region dealers at 1% of the base invoice price of the car." Is there such a thing? And is the value of 1% correct? I'm getting areally good price over invoice, but this MACO value would be applied. Just want to know if it's valid. Thanks.
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