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BMW 5-Series Prices Paid and Buying Experience

3499 messages, Last post on Dec 04, 2009 at 9:29 AM
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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! |
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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
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Replying to: bsquared02 (Jan 02, 2006 8:29 am) |
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Replying to: bsquared02 (Jan 02, 2006 8:29 am) |
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Replying to: bsquared02 (Jan 02, 2006 8:29 am) Adding the $425 to your number, you would arrive at $46,120. So your offer was $80 over invoice. That would be a total deal, especially on a 2006! I could see a dealer making that kind of a deal on a 2005 to move it off the lot, but not really for an in-demand 2006 model. I think $900-1000 over invoice is probably more realistic. |
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Hello All, I am considering purchasing a pre owned 2004 530i from a european car (not just BMWs) dealer. The car exterior is black with chrome trim around the windows. The interior has black leather(ette?) and titanium trim. The dealer specs list the car as having both the Premium and Sport packages. From my research, I've learned that the 2004 Premium package includes leather, maple wood trim and universal garage door opener. However, I could not find the usual garage door opener buttons and it definitely does not have maple wood trim. In addition, the Sport Package is supposed to include run flat tires. The car however, has a spare in the trunk. Is this normal for a car with run flats? Could the dealer be misrepresenting the car? Is there an easy way for me to verify that the car truly does have the Premium and Sport packages? Finally, the dealer has the car listed for a little less than 39k and it has about 11500 miles on it. Is this a good deal for a 2004 530i? Even if it didn't have the Premium and Sport packages? What would be a fair price I should negotiate for? Thanks a lot for your help.
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Replying to: rbc3az (Jan 13, 2006 11:04 pm) Speaking of which, you can find out what came on the car by the VIN. See whether you can get the dealer to run the #. If he won't, maybe you can get him to give you the # so you can do your own check. If he won't cooperate at all, run like hell (and find another dealer). |
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Replying to: rbc3az (Jan 13, 2006 11:04 pm) The SP-equipped 530i has Shadowline (matte black) trim, NOT chrome, around the windows. Also, the SP has seven-spoke 18x8.0 wheels with 245/40R-18 run-flats vs. five-spoke 17x7.5 wheels with 225/50R-17 all-season (non-RF) for the non-SP. The lack of wood trim and universal garage door opener also indicates NO Premium Package. You might want to copy the VIN and have the local BMW dealer check the database. For pricing, check Edmund's TMV as already indicated. Martin |
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Replying to: rbc3az (Jan 13, 2006 11:04 pm) |
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530XI 36 month/15,000 mile lease for $659 (Money factor of .0016) + local sales tax. Prem. Pack.; AT; Cold Weather with purchase price of $50,250. Is this a good deal? |
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