Last post on May 11, 2013 at 8:23 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
#2433 of 4028 2002 540 purchase help
Sep 04, 2006 (10:37 pm)
I found an '02 540 with 20K miles. The dealer (non-BMW) obtained it as a lease return, and is asking $33K. My main concern is that it is not CPO, and has no factory warranty. He offered to sell a 3yr/100k extended warranty for $2.4K.
What can I do to mitigate my risks in this deal? How can I tell if these were 'hard' miles...
On the other end of the mileage spectrum, I found an '02 540 with 52K miles from a BMW dealer, and this one is CPO, which adds 2 years to the already expired factory warranty. This one can be had for $27.5K
Which of these 2 should I focus on?
#2434 of 4028 Re: Good Deal? [airbornemp]
Sep 06, 2006 (3:24 am)
Your best bet is to go to Germany on R&R perferably the Hessen area(Frankfurt) and see one of the BMW US Auto Sales people the deal you will get there will beat anything you find in the states plus most will throw in shipping. Right now 37,300 is the starting price for a 525i, 39,200 for a 525xi, and 41,000 for the 530i. I am in Iraq too and that is the route I took last year down here and got a 06' 525xi with prm pkg,nav,comfort access,sun shades,sports pkg, steptronic,park distance for 46,500 out the door. Now I don't pay the tax because I lived in Germany but that was still better than anything out there at the time. I am back in Iraq and I just bought the 328i 07' on leave I pick it up 1 Nov and it has sports pkg, comfort access, steptronic and I got it for 29,900 and I don't believe anyone stateside will match that. Anyone out there seen a better deal than that yet?
#2435 of 4028 Re: Cost of 6 Disc Changer [akende1]
Sep 06, 2006 (5:27 pm)
I read with interest you comment about the 6-disc CD changer no longer available with the premium sound system. I ordered by 07 530 with premium sound, and it did come with the 6-disc CD changer. Is this something new that they have changed?
Thanks for your prompt response
#2436 of 4028 Re: Cost of 6 Disc Changer [hihomike]
Sep 06, 2006 (10:50 pm)
Yes, it is new for BMW. They no longer offer the premium sound package (1800MSRP) that included the logic 7 and the 6 disc changer. Now they offer the Logic 7 package (1200MSRP) that does not include the 6 disc changer. What it does offer is a interface(cradle inside of glove box) that allows you to connect an IPOD to the audio system or the dealer can later install the 6 disc changer at particular cost. I believe this change occurred around July or August.
#2437 of 4028 Sales tax credit on new puchase
Sep 17, 2006 (1:19 pm)
Towards the end of last year, BMW offered sales tax credit to new buyers. Depending on the state, one could save 6.25% without any negociation. Does anyone knows if this program will be offered this year? I have forgot the months, I would appreciate if someone can tell what month they ran this promotion. Thanks.
#2438 of 4028 Deal or Not? $800 over invoice lease?
Sep 17, 2006 (6:45 pm)
What a great board. Great comments.
From what I've read, it sounds like I've got a good "sale price" but not a good lease rate. But it would be great for someone to help clue me in before I buy....
2007 530i Sport
15,000 miles per year
36 month lease
Residual: 60% = $34,242
Sale price: $53,930
Base pmt: $701.19 (+tax 57.85)
These numbers were shown as well
"LSE FCT 0.1750" Due FLSR: 52,337 gp+pac+inc: 51,936
Drive off: 1993.60 (1st month 759.04 + 449.75 lic, + 725 BNK + 28 DMV
Thanks for any help.
#2439 of 4028 Re: Deal or Not? $800 over invoice lease? [jimboinla]
Sep 18, 2006 (11:03 am)
Are you sure that the sale price is $800 over invoice? It seems like the sales price includes a $400 MACO. You are actually paying $1,200 over invoice. Please correct me if I am wrong.
Also, I think you should ask this question on the lease forum since the host there recently say that you should pay $0 at drive off. Go to that forum and check it out.
#2440 of 4028 Re: Deal or Not? $800 over invoice lease? [low_ball_88]
Sep 18, 2006 (5:45 pm)
You are very right - or close.....
the $53,885 includes: $380 MACO, $45 Opt TTL, $180 Training - not sure who's getting training......
#2441 of 4028 Frustrated in Sacramento
Sep 21, 2006 (2:07 pm)
Until now, my BMW buying experience had been perfect. I purchased my 2003 BMW in San Diego at Harloff BMW.. They were above board and can not say enough great things about my experience. I never once felt like i was getting a bad deal.
Now i am looking to sell my 2003 and purchase/possibly lease a 2007 5 series. In my 2 trips to my sacramento area bmw dealer, i feel like i am getting ripped off. I am finding that sacramento just doenst have the competition, the inventory and treats their customers poorly.
The dealership i went to had 1 of each 5 series on the lot, and that was it!!!So they were really pushing the ones on the lot, even if it wasnt exactly what you wanted. Then to make matters worse, they wouldnt negotiate off of the invoice only off of msrp... which was like pulling teeth. Also, they wouldnt negotiate until they new if i was going to go lease or purchase. This shouldnt matter, and didnt with my 2003. I hate the game of 'how much do you want to spend each month'... it doesnt matter-- what is the bottom line on the offer and that should be it.
My question is-- should i just give up on sacramento bmw dealers and go back to sd? has anyone had a good experience just doing the negotiation and purchase via the internet.
I would really like to get my 530xi but i am soo frustrated with my preview of dealers out here... i w ould love some insight/guidance on my next best steps to getting my car i want and not feeling like ive been 'raped'.
#2442 of 4028 Offer on a 2006 530xi wagon?
Sep 22, 2006 (7:05 am)
I could use some help - a dealer has a 2006 5-series wagon demo with 5K miles (driven by dealership owner for a few months); MSRP was about $56K, invoice about $52K; salesman said they want to move it..."make an offer". I was not really in the market for the wagon, but it is pretty cool in person; I haven't driven it yet, so I don't know how it compares to the sedan. Any educated opinions on how low I could go? Thanks