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BMW 5-Series Prices Paid and Buying Experience

3028 messages,  Last post on Aug 01, 2008 at 11:18 AM

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What is this discussion about? BMW 5 Series, Sedan, Wagon


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#2907 of 3028
Re: My First BMW-Did I do OK? [myfirstbmw] by smithsonga
Mar 28, 2008 (8:02 am)
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Replying to: myfirstbmw (Mar 28, 2008 7:26 am)

The price is very good and the lease specs are right on. Doc fee is extremely low etc..etc...seems like a good deal.
 
I take it the deal would not give you the $4k as a check and you had to roll it in? Otherwise, take the check and invest it...you could use it if necessary to make a payment every so often to even it out. But at least make $ on it.
#2908 of 3028
Re: My First BMW-Did I do OK? [myfirstbmw] by rangerwalker
Mar 28, 2008 (3:01 pm)
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Replying to: myfirstbmw (Mar 28, 2008 7:26 am)

That sounds like a great deal - unusual to hear of only $320 over invoice on a 2008 535xi. I have been looking at the same car and the 36 month residual was 60% for March - do you know if there was a recent incentive to get 63% ? What is the payment (if you don't mind sharing that info)? Congratulations.
#2909 of 3028
Re: My First BMW-Did I do OK? [rangerwalker] by myfirstbmw
Mar 28, 2008 (3:32 pm)
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Replying to: rangerwalker (Mar 28, 2008 3:01 pm)

My monthly payment is $599.31 for 36 months. It is a 10K miles annual lease for 36 months, 63% residual is based on the 10K miles.
#2910 of 3028
BMW, Lexus GS, other points by asteinberg
Mar 28, 2008 (4:53 pm)
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BMW530I leased car just turned in.
Prefer BMW handling to Lexus GS but had poor service on BMW, especially at local dealership (Bob Smith) which treats you as second class unless you bought car there.
Also, while handling and related items are quite good, the I-Drive is oppressive and incompetent, and the navigation system is archaic.
535i somewhat improved on radio interface w/buttons.
My lease turn in did not go smoothly; nickel-dimed on body damage beyond any prior rental car experience. First, dealer asked if I bought it there. Why is that relevant?
--
Anyone have any ideas on getting a good deal in BMW535i in So Calif?
I don't understand why 5-series still above invoice, given competition and value out there, and the economy.
Also, I really like the service and brakes for free; but the run-flat tires don't wear well and were very costly to replace.
Still consiering Lexus GS350.
Also Infinitive G35 is incredible value, but not as much of a car.
Trying to go slow on decision and concerned about elitist BMW dealerships and unresponsive service.
#2911 of 3028
Re: My First BMW-Did I do OK? [smithsonga] by myfirstbmw
Mar 28, 2008 (6:56 pm)
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Replying to: smithsonga (Mar 28, 2008 8:02 am)

Yes, I had to roll it in or sell it myself, not worth the hassle to me to sell a damaged vehicle.
 
It really wasn't that hard to get an "at invoice" type of deal. As long as our economy is soft, and the dealers have a stronger desire to sell there cars than we as consumers have to purchase them, I think the "deals" can be had.
 
One of the cars I test drove was the new Jaguar XF, They were only willing to give 1K off MSRP ( a markup of 5.5K from invoice ). My desire went down the hopper.
 
The Jag salesman called me tonite to check my interest again, they have only sold one since it came out 3 weeks ago.
#2912 of 3028
Re: BMW, Lexus GS, other points [asteinberg] by newtonguy1
Mar 29, 2008 (7:11 am)
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Replying to: asteinberg (Mar 28, 2008 4:53 pm)

If you are considering the 535xi and like the G35, consider the M35, which is a more comparable vehicle. I am still torn between the two but leaning to the 535xi for the driving experience. Good luck.
#2913 of 3028
Re: BMW, Lexus GS, other points [newtonguy1] by asteinberg
Mar 29, 2008 (7:54 am)
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Replying to: newtonguy1 (Mar 29, 2008 7:11 am)

I've had all wheel drives but reluctant to spend more on the car or even a little more on gas to get 535xi rather than 535i. Trying to reconcile good car performance with absurd I-drive, and substandard BMW service and problem dealer attitudes.
I either pay inflated price at my local dealership or get it elsewhere.
But BMW, unlike other brands, does NOT provide loaner for warranty service, but lets dealer decide, meaning dealrs don't provide loaner unless you bought it there.
You're right about M35-- if I did that, I'd get the BMW.
G35 -- main argument for it is that it has all the features and is very, very cost-effective. But it's sightly smaller than the others and not a much car.
I'm really conflicted, because the last two years in my BMW I've had to deal with excess air conditioning that is noisy, stupid I-drive, substandard navigation, and burdensome changing of radio stations between satellite and AM. The latter corrected somewhat; the nav still archaic but with real traffic. 535i more powerful, but gas mileage down. I would have preferred a bit more powerful, and not quite the loss in mpg. G35 mileage is quite disappointing.
Also, my lease turn in experience for BMW was very disappointing.
Again, I feel I was treated poorly because I did not get the car at my local dealership where I imprudently turned it in.
--
If I go BMW again, does anyone reading this now any dealership in So Calif that would sell one at invoice, then lease it with net money factor, without markup?
There is not enough value in the BMW without trying to get a deal, because the MSRP is too inflated.
Also, my last one -- 530i -- was in the shop twice for 2 weeks+, for the same safety problem-- passenger air bag sensor.
BMW sells too many cars and cannot adequately service them. The service writers are insensitive yuppies.
Problem is I want a rear wheel drive car and don't see much in the way of alternatives.
But the I-drive shows a culture of arrogance at BMW that extends to dealerships.
I do want to praise the Internet folks at Pacific BMW in Glendale.
#2914 of 3028
Re: BMW, Lexus GS, other points [asteinberg] by carnaught
Mar 29, 2008 (8:07 am)
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Replying to: asteinberg (Mar 29, 2008 7:54 am)

BMW sells too many cars and cannot adequately service them. The service writers are insensitive yuppies.
Problem is I want a rear wheel drive car and don't see much in the way of alternatives.

 
Man, you've sure been dealing with the wrong BMW dealer. Now on my third BMW, the service is comparable to my service experience with Lexus, having previously owned six of them. Maybe I've been lucky but I actually had my Lexi' in more frequently for problems.
 
BTW, I'm getting 27.3 mpg in mixed city/highway driving which for the performance level I'm enjoying with my '08 535, is fantastic. In contrast, with my '06 M35, I achieved only 20-21 mpg at best. Yes, the Nav. ergonomics were better than iDrive, but iDrive is improving with each generation and I have no issue with it.
 
If you don't want to try a different make car (than a BMW), at least find a good (BMW) dealer to enhance your experience.
#2915 of 3028
Re: BMW, Lexus GS, other points [carnaught] by socal59
Mar 29, 2008 (8:15 am)
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Replying to: carnaught (Mar 29, 2008 8:07 am)

Wow.... I'm on my 3rd BMW with my lease ending on my X5. I've never had any problems with dealers here in the southern California area. As far as reliability is concerned I can't complain, not any problems at all. My X5 has been literally 100 perfect for the 3 years, not a single problem plus the dealer in Orange County has been more than excellent in service and YES THEY DO provide loaner cars, BMW's.
#2916 of 3028
Possibly BMW again by asteinberg
Mar 29, 2008 (6:55 pm)
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Thanks for your comments. Nice to hear of your good experiences.
But I know I'm not alone with my problem experiences -- I have friends and a cousin who have had some hassles, especially with the dealership in my area.
I'm actually considering 535i, because it resolved some key 530i problems (somewhat better NAV w/integrated live traffic; memory buttons for radio and AM-FM-satellite band-switching; voice recognition that actually works). Mileage worse than Lexus GS350 with more value, but lease terms not so great, and BMW has free maintenance (w/brakes!). Still prefer NAV and other user friendly items on Lexus, Infiniti and other alternatives I'm exploring.
As long as I can avoid my local dealer, Bob Smith BMW, I may give BMW another chance!
Questions--
(1) Given the slowness of the auto market, how close to invoice does 530i go?
(2) Does BMW offer financing deals, or just leasing deals?
(3) Other than premium, sports, comfort access, navigation, sirius satellite radio, does anyone reading this recommend any options ...especially if they are perosonally familiar with them? If I go beyond the above, I must special order:
(4) Are head-up display and night vision use mere toys or useful? (Seems odd that night vision visible only in NAV system.)
(5) Is rear door side impact airbag safe, or a threat to kids?
(6) power rear &manual side sunshades worth the money to keep the kids happy?
(7) any other options truly worthwhile and worth the money?
(8) Last time, I did 24 mo, cheaper per mo than 36. Now, 36 slightly higher. I still think 24 mo, to save buying 4 costly fun-flat tires.
(8a) FINALLY -- does anyone know what the Money Factor will be for 535i for APRIL for 12000, 24mo, 36 mo, and, possibly for 15000. If I go BMW, I could buy/lease Mon/3-31 or wait until Tues/4-1, if MF different.
(8b) IF I special order, due to other items, I'd use March MF or June MF, whichever is lower. My guess is June MF would be lower. Thoughts?

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