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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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#2202 of 3499
Re: price for 2002 525 wagon [djm5] by cmybimmergo
Dec 23, 2005 (8:38 pm)
Reply

Replying to: djm5 (Dec 22, 2005 9:09 pm)

I'm not an expert on wagons (not that I'm an expert on anything else, either ) but edmunds has a tmv of $27,438 for a certified 02 525it with 42k miles, auto, leather, heated seats, moonroof, garage opener, and wood trim, in clean condition. For outstanding condition, add another grand.
 
What do you want to pay? Make them an offer; they'll tell you if it's too low.
#2203 of 3499
Re: need advise on a lease deal [loveda5series] by btran
Dec 29, 2005 (9:26 pm)
Reply

Replying to: loveda5series (Dec 23, 2005 8:13 pm)

I was offered a 2006 530xi AWD with premium pk, sport pk, 18" wheels, cold weather pk, steptronic at, for $53,559. I'm making a one time payment and not finance.
 
I replied with $52,000. Is this good or not? Invoice is only $50,250.
#2204 of 3499
Re: need advise on a lease deal [btran] by tayl0rd
Dec 30, 2005 (5:50 am)
Reply

Replying to: btran (Dec 29, 2005 9:26 pm)

If you're paying all cash upfront, I wouldn't offer more than $1K over invoice. Matter of fact, I'd offer only $500 over invoice, knowing that they are going to ream you on doc fees, etc.
#2205 of 3499
Re: need advise on a lease deal [tayl0rd] by bdr127
Dec 30, 2005 (6:39 am)
Reply

Replying to: tayl0rd (Dec 30, 2005 5:50 am)

If you're paying all cash upfront, I wouldn't offer more than $1K over invoice.
 
I know this topic has been beaten to death on these boards, but what does paying cash have anything to do to it?
#2206 of 3499
Re: need advise on a lease deal [bdr127] by tayl0rd
Dec 30, 2005 (8:00 am)
Reply

Replying to: bdr127 (Dec 30, 2005 6:39 am)

Cash in hand is a "no risk" sale. The dealer doesn't have to bother with getting you financing, there's less add-ons/markups/hidden fees, less paperwork to shuffle, and less time spent with that customer. Time is money. The less time a salesperson spends with you, the less likely you are to be fleeced for extra cash.
 
When you go in with cash, you have all the power. The dealer wants to emancipate your cash from you and will do whatever it takes to make that happen. When financing is involved, there's the risk of you not even being approved and the dealer has to share profits with the bank. A cash sale means the dealer takes it all, which means less markup needed for them to turn a fat profit.
 
Hope that makes sense because it seems like I was rambling.
#2207 of 3499
Re: need advise on a lease deal [tayl0rd] by bdr127
Dec 30, 2005 (8:18 am)
Reply

Replying to: tayl0rd (Dec 30, 2005 8:00 am)

From the dealer's point of view, a cash deal is less profit. There is no incentive for a dealer to do a cash deal... They'd rather spend a couple minutes submitting a credit application and have the customer finance to make a couple hundred bucks.
 
The whole "cash" thing is such a big myth in the car buying world....
#2208 of 3499
About to Purchase 06 530xi, help pls......... by nattyb
Dec 30, 2005 (2:39 pm)
Reply
Hello,
My car I've spec'd is:
Sport pkg
Prem Pkg
Nav
Cold Weather
Prem Sound
Satellit Radio
Total as built (w/ 695 destination) = $57,140.
Invoice = $52,085.
 
Dealer has said that for a 36 month lease, with 15,000 miles, he will give me a money factor of .001750
Residual Value: 60%
 
What do you folks think of money factor and how much above invoice should I be willing to pay? (there are three dealers in my area, so I can be pretty aggressive w/ price negotiation.)
 
Thank you!
#2209 of 3499
Price for 2006 525xi by bsquared02
Jan 02, 2006 (8:29 am)
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Dealer has a 2006 525xi on the lot. I researched invoice price on Edmunds and xchecked with Consumer Reports and made an offer that was apx $500 over. Salesperson responded that policy is not to "sell below invoice". I'm wondering where the discrepancy may be. Here are the figures:
 
Invoice: 40,855
destination: 695
Premium pkg: 1,820
Auto trans: 1,210
Cold Weather: 685
Fold rear seat 430
 
Total Inv. 45,695.
 
I offered $46,200. Any thoughts as to why salesperson says this is "under invoice"??
Thanks
#2210 of 3499
Re: Price for 2006 525xi [bsquared02] by bmwchick
Jan 03, 2006 (7:18 am)
Reply

Replying to: bsquared02 (Jan 02, 2006 8:29 am)

I am no expert, but my guess is that your invoice number does not incorporate the MACO/advertising fee that your dealer has to pay to corporate, which varies by dealer. You can do a search on "MACO" on the this thread to pull up relevant discussions regarding the fee.
#2211 of 3499
Re: Price for 2006 525xi [bsquared02] by turnbowm
Jan 03, 2006 (7:43 am)
Reply

Replying to: bsquared02 (Jan 02, 2006 8:29 am)

The Edmunds invoice amount does NOT include MACO (varies by locale) or Training fees.

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