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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 (May 08, 2008 3:57 pm) The BMW, though, is much more exciting and responsive. If you consider yourself a car person and enjoy punching off the line or zipping through and around traffic, go for the BMW. Personally, I'm more comfortable with a lease on a bimmer, and don't want to have the car out of warranty. |
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Replying to: ctshorse (Apr 20, 2008 2:10 pm) The increased premium is worth it. Note that this replacement coverage only applies for the first 2 years, but your down payment will be absorbed by then anyway.
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Replying to: rudor (May 24, 2008 5:00 am) With a lease, it's not a down payment, it's a prepayment. Plus that's nothing but a profit center for insurance companies as a lease with BMWFS includes GAP insurance. |
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Replying to: rudor (May 24, 2008 5:00 am) Work through an example like this one. You walk away with a $50K car and a 36 mos $700 payment. 6 months later you have a 100% loss. The mob puts 2 snitch in the trunk, takes it to one of their salvage yards and compacts the car into a 4x4 block and dumps it in the hudson. You are still on the hook for 30 months of payments plus the contracted value of the car at the end of the lease LESS what you put down for cap reduction. Your insurance company will make payments based on the value of the car at time of loss. This amount more than likely will be less than your lease payments due plus the end of lease car value. There would be a GAP. The Bank Fee you pay is intended to cover the GAP between what your insurance pays and what BMW's loss is. Your loss is not insured under GAP. Buying extra insurance from your agent to cover your cap reduction loss is not wise. Instead, you should put that money into an account designated to pay the lease. Spread it out over the lease life yourself giving you the effective lower payment you desire. This way, if there is a 100% loss, you would still have money in the bank and your GAP would be covered. |
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I purchased a 1994 BMW with no manual. Where is the best place to purchase one. Also, what are the "A" and "M" for in regards to the transmission.
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Replying to: calvin540i (May 25, 2008 5:29 pm) Since this discussion is focused on pricing, you might have more luck in one of our other 5-series discussions.. You can find a list of them here: BMW 5-Series Good luck! If you need direction to a specific discussion, just ask! kyfdx Host - Prices Paid Forums |
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Hello I am trying to order 535 with following options in DFW(incl surrounding area). Any input on the deal is appreciated: 3.0-liter, turbocharged inline 6-cylinder engine Base MSRP $49,400 Black Sapphire Metallic $0 Natural Brown Dakota Leather $0 Light Poplar wood trim $0 Cold Weather Package $750 Premium Package $2,100 STEPTRONIC automatic transmission $0 Navigation system $1,900 iPod and USB adapter $400 Park Distance Control $700 Rear side-impact airbags $385 Destination & Handling: $775 Total MSRP as Built $56,410 discount -$2,000 Total $54,410 +TT&L This is 2000 over the invoice incl options. Is this a good deal? Do you think I can do better.
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Replying to: murphybimmer (May 28, 2008 11:50 am)
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Replying to: murphybimmer (May 28, 2008 12:03 pm) Since this was for 535xi, (MSRP 58,000), I think you still have some room to go lower. I have not pulled the trigger yet, but compared a few dealers, so think this is close to bottom. Hope this helps 
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Replying to: murphybimmer (May 28, 2008 11:50 am)
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