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BMW 5-Series Prices Paid and Buying Experience

3506 messages, Last post on Dec 08, 2009 at 6:36 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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A few weeks ago I made a pretty good leasing deal on a 2005 545i which had to be ordered. The car should be here towards the middle or end of July. I got the base .0010 money factor and a pre-tax monthly payment of $673 on a $58,000 MSRP vehicle. Does anyone know if I am locked into this deal? I ask because since the 545i is outgoing, I am wondering if BMWFS comes out with a better deal on this car this month, perhaps cash back to the dealer, am I in position to ask for the better deal? I have a print-out of my deal from the dealer but I didn't sign anything and I did make a deposit for the fees with my credit card. |
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Finally ordered the 525xi after about 1 month research. Man, you would think all dealers are pretty much the same but they are DIFFERENT! I emailed for a quote to all BMW dealers around Boston. BMW Norwood told me they are selling at MSRP and no discount at all and the way they said that was so arrogant. Since other dealers offered at least $1500 off MSRP, I didn't even bother to ask them to match even though it is the closest dealer to me. Finally I took the test drive and ordered from BMW Peabody at about $2500 off. What a great experience there. The salesman was very polite and listened carefully what I wanted rather than pushing to sell what they had. He actually didn't push to sell any options I didn't mention. I would highly recommend BMW Peabody.
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Replying to: jfirb (Jul 05, 2005 7:28 am) I ordered my 530xi on May 17 and expect to take delivery sometime this week. The car has made it to the US and is now in New York. It is nice to be able to track the order on-line. Good luck!
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Replying to: beaming (Jul 05, 2005 7:39 am) |
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Replying to: vsaxena (Apr 09, 2004 1:14 am) I have configured a Item 2006 525xi for Price 525Xi Base $44,000 Auto trans $1,275 17in Rims $300 Premium Pkg $2,000 Xenon Lights $800 Sport Pkg $700 Sat Radio $595 Cold Pkg $750 Dest Chg $695 Split Fold Seats $475 Total $51,590.00 Invoice is 47,240 The dealer said the best he can do it 1,590 off MSRP so 50k total plus tax, tags. Is this a good deal? This is not a lease. Thanks, monk134
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Replying to: monk134 (Jul 05, 2005 1:33 pm) |
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Replying to: monk134 (Jul 05, 2005 1:33 pm) |
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Hi, I just started my quest to become a first time BMW owner. I am looking to lease a 530i (3yr/12k). MSRP incl. options (premium package, 6 speed automatic), excluding destination charge is $49,575. Invoice is $45,415. From the forum postings over the past month or so, it looks like I should be able to get $1500 over invoice. I haven't seen any recent postings on the current money factor rate. The best information I can find is a money factor of .00195, which is an interest rate of a little over 4.5%. This would take me to $665/mo (incl. taxes), and about $2100 down (incl. 1st month, security deposit of $750, destination charge of $695). Is that the best I should be able to get? I am in Northern NJ - any pointers on flexible dealerships is always welcome!
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Replying to: ehnj (Jul 06, 2005 5:31 pm) 2) The residual for 3yr/36K is 62%.. the MF is .00195 I wonder a little bit about your numbers.. because I think you are confusing the destination charge with the acquisition fee.. Destination charges are generally not broken out from the price of the car, for pricing a lease.. or paid separately.. Anyway, using my adjusted MSRP and invoice including destination... With a cap cost of $1500 over invoice, the payment would be $611/mo. + tax.. with due at signing: 1st payment ($660 or so, incl.tax), security deposit ($700), acquisition fee ($625) .. title and license.. Probably $2200 or so total.... A pretty good deal for a $50K car that just came out.. All dependent on you getting $1500 over invoice and a dealer that will use the base rates, of course.. regards, kyfdx
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Replying to: kyfdx (Jul 08, 2005 8:10 am) MSRP: $51,020 Invoice : $46795 Cap cost: $48750 Residual is 62% MF is .00175 if I put a deposit down, .00195 without deposit Payment came to: $616 + tax w/ $2533 down Downpayment: 1st month payment $825 Bank Fee $250.5 Registration for 3 yrs $7.5 tire tax $700 deposit I mentionned to him that the bank fee should only be $625, but he said that only applies to returning BMW owners. I am sure I can work that down. I am at $1955 over invoice now, so I'll try to get to $1500 over invoice.
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