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BMW 5-Series Prices Paid and Buying Experience

3487 messages,  Last post on Nov 28, 2009 at 8:44 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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#2715 of 3487
550i lease question by jamesg
Sep 14, 2007 (4:37 am)
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All,
i am looking for a 2008 550i sport. does anyone know what the approx current pricing is with respect to invoice and if there are any lease incentives?
thanks in advance.
James
#2716 of 3487
Re: 550i lease question [jamesg] by topspin628
Sep 15, 2007 (2:42 pm)
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Replying to: jamesg (Sep 14, 2007 4:37 am)

I was just quoted about 3K over invoice. Lease with taxes in payment and drive off of just first payment and dmv of 1160 x36 mos with 15K miles per year. It had Logic 7, sat, Nav, sport package. Not sure if it's a good deal. Car is very quick but the 535 is just about as fast and 7-8K cheaper.
They claim that they are rare cars and will be much more aggressive on the 535's- about 1,500 over invoice.
Let me know what you find out there.
#2717 of 3487
Re: 550i lease question [topspin628] by carnaught
Sep 15, 2007 (3:40 pm)
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Replying to: topspin628 (Sep 15, 2007 2:42 pm)

I was just quoted about 3K over invoice. Lease with taxes in payment and drive off of just first payment and dmv of 1160 x36 mos with 15K miles per year. It had Logic 7, sat, Nav, sport package. Not sure if it's a good deal. Car is very quick but the 535 is just about as fast and 7-8K cheaper.
They claim that they are rare cars and will be much more aggressive on the 535's- about 1,500 over invoice.
Let me know what you find out there.

 
I don't know about you, but to me with virtually the same performance, the 535 made more sense and for several thousand less. I'm getting just under 26mpg. in mixed driving, also a bonus. It's almost a no brainer.
#2718 of 3487
Re: 550i lease question [carnaught] by topspin628
Sep 15, 2007 (6:24 pm)
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Replying to: carnaught (Sep 15, 2007 3:40 pm)

I don't know about you, but to me with virtually the same performance, the 535 made more sense and for several thousand less. I'm getting just under 26mpg. in mixed driving, also a bonus. It's almost a no brainer.
 
Yes, I tend to agree. If performance is almost equal with better milage, it does make sense.
Did you get the Xi? What transmission did you get? Do you have the new paddle shift trans?
What options did you get? Run flats-good or bad?
Thanks,
#2719 of 3487
Re: 550i lease question [carnaught] by jamesg
Sep 16, 2007 (5:39 pm)
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Replying to: carnaught (Sep 15, 2007 3:40 pm)

Thanks for the pricing information. I did not have time to test drive one yet, but am hoping to end up in the $1500 over invoice range if i decide to go forward with it. i agree that the 535i makes a lot more financial sense. the only reason that i would go for the 550 is the sport package - i love the look of it. i'll let you know what i find out, probably next week.
#2720 of 3487
Re: 550i lease question [jamesg] by topspin628
Sep 16, 2007 (5:47 pm)
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Replying to: jamesg (Sep 16, 2007 5:39 pm)

Yes the SP 550i is great looking. But it is very expensive compared to the 535 and the performance is almost identical. It's about 8K more- you could get the aero kit on the 535 but it's 3K (ouch) and since it's added at the port they told me that you can't residualize it, so take the 3K add interest and divide by number of months of lease. But you know what, in the end you have to throw logic out the window when you get a luxury car. Get the one that makes you happy and to hell with anything else. As someone else here said so aptly, if it was only about economics and transportation, we'd all be driving Accords or Camrys. Enjoy!
#2721 of 3487
Re: 550i lease question [topspin628] by hematochez
Sep 20, 2007 (10:36 am)
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Replying to: topspin628 (Sep 16, 2007 5:47 pm)

Im getting a 2008 528 Monaco blue with no options for 43,100+TTL
 
Good deal or can i do better??
#2722 of 3487
Re: 550i lease question [hematochez] by skobola
Sep 25, 2007 (7:29 am)
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Replying to: hematochez (Sep 20, 2007 10:36 am)

Hematochez, the good deal depends on where you are buying your 5-er. For example, in Miami they go for only a couple of $100's less then MSRP, and mostly towards the ends of months, when dealers have to make their quotas. Which is why I buy/lease my Bimmers elsewhere. Just for your reference, the invoice for your car is $41,530, and there is an opinion that Bimmers can be gotten for about $1,000 above invoice, which may open a possibility for you to try to negotiate additional $500 discount to the already discounted price.
#2723 of 3487
Re: 550i lease question [topspin628] by carnaught
Sep 25, 2007 (1:38 pm)
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Replying to: topspin628 (Sep 15, 2007 6:24 pm)

Yes, I tend to agree. If performance is almost equal with better milage, it does make sense.
Did you get the Xi? What transmission did you get? Do you have the new paddle shift trans?
What options did you get? Run flats-good or bad?
Thanks,

 
I don't have the Xi and have a six speed slush box without paddle shifters. It's a lease and with a lot of options, I had to draw the line somewhere. The only thing I'm sorry I didn't get were the comfort seats. Owning a BMW with it before, I'm one of the relatively few who doesn't like the SP.
#2724 of 3487
Car Man- Lease question by topspin628
Sep 26, 2007 (4:47 pm)
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I am working a deal to lease a BMW at "1K over invoice". When I presented the sales person with the Edmunds invoice pricing sheet, he told me that there are "manufacturing fees" for 480 that are not included by Edmunds". Is that true or just a way to make an extra 480?
I will negotiate it down anyway but just wanted to know what is the total "invoice price" I should be working with.
Thanks

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