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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
3016 messages, Last post on Jul 20, 2008 at 10:54 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: x021627 (Apr 16, 2008 4:46 pm) Car is in a chevy dealer in MA, two hours and 110 miles away. Car didn't have floor mats. GPS asked for the DVD. I have a feeling that keyless entry drains the battery. And, the dealership's owner also conducts the local auto auction. So, repossession that was auctioned off? Their story that a family wanted more room so they traded the car doesn't hold up. Why then the distance? Carfax doesn't have a record of the current owner, which is the chevy dealer. If it sells this weekend there are other fish in the sea.
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Replying to: scott6113 (Apr 19, 2008 6:32 am) For $500 or whatever, you get the joy of controlling it from the idrive. YOU decide if $500 is worth that benefit when you can play it regardless. I just use shuffle and let it ride. |
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Replying to: scott6113 (Apr 19, 2008 6:32 am) Good luck with whatever you decide to do. Going back at the end of the month if it is still there is a good idea. |
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Replying to: x021627 (Apr 16, 2008 4:46 pm) I get the color and the interior I desire, too. I am just looking to bridge the gap between my current car being up and the new design coming out in 2010. ( I don't want the first year) Any thoughts on this deal from the board? |
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Hello all, need some help on the following for a 528i in Charlotte, NC. Black 528i, premium package with black leather, heated seats, iPod and xenon. MSRP 49,075 Selling price of 47.075 36 month lease with 10K a year $1,116 down (includes first payment) $684 a month. This seems really high to me - rookie here and would really appreciate some advice. Thanks. |
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Replying to: seabassttu (Apr 19, 2008 8:07 pm) $0 down - nothing out of pocket, but may have to make first payment Demo with 9k miles on it for $650/mo. Higher mileage than I prefer, but as long as it is in top shape I don't mind since it will be under warranty for as long as I have possession of it. I would say you're probably getting a pretty good deal. I definately don't think you're getting 'ripped of.' |
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Replying to: mikesmithtx644 (Apr 20, 2008 6:43 am) I am looking at a similar car as well about $50K MSRP with 13K miles. Wondering what argument or tactic you took with the dealer to get the cost of the car to the $42-43K range?
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Replying to: capsfan (Apr 20, 2008 1:31 pm) I used the terms I saw on this board (thank you to all who contribute to this board) and ran my own calculations and thought I had a chance at hitting the $650/mo or less I needed. I told my sales guy I can afford $650/mo (nothing out of pocket - except maybe the first payment) and said that it was simply a 'yes or no' answer and they just needed to tell me 'yes' or 'no.' Real simple. No games. I told this to my sales guy and he had his finance manager call me. After my phone call with the finance manager where I laid it all out he said he would speak with the sales manager and get back to me. It was their creative idea to use the demo car as an option. Assuming the car checks out this week, BMW will have a sale. The sales guy never offered this as an option, so if I wasn't stubborn this deal would never have happened. One tact may be to go straight to the Finance manager and lay it out. My conversation with him was a breath of fresh air. No stupid comments like 'put $3600 down and I can lower your payments by $100/mo.' I did learn that BMW actually pays the dealership for the use of the Demo's, so even with a below invoice deal, the dealership is still in the money. I wonder how many car sales a dealer actually looses because of their sales team? Hope this helps.... |
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Replying to: smithsonga (Mar 28, 2008 8:02 am)
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Replying to: mikesmithtx644 (Apr 20, 2008 6:43 am) To be fair I bought a demo/loaner car with 9,100 miles on it (but it will be under warranty for as long as I have it), but here is the deal. Term: 36 Months Type: Lease Mileage/yr: 12,000 Cap Cost: $45,524.15 (my only out of pocket was the first payment. Acquisition fee was $825, Tax was 2618.52, title $184.30, price of vehicle $41,896.33) residual value: $29,669.50 ( I thinks this works out to about 65%) depreciation: $15,864.55 rent charge: $6632.03 total of base monthly payments: $22,486.68 Monthly lease payment: $624.63 There are no other fees detailed except the $350 disposition fee at the end of the term. I do not know what the money factor is as this is not called out on the paperwork. I am not quite sure how to figure this out. Thanks to all who have posted here. I wouldn't be driving this 528i with our all of the good info posted here. I hope this will help others. What do you all think of this deal? My next best deal for a similar car was $752/mo.
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