- #3017 of 3491
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Re: can I do better than this on 528? [x021627]
by oceanbluela
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Jul 25, 2008 (6:14 pm)
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Replying to: x021627 (Jul 20, 2008 9:54 am)
I did the deal today. I got the 528 in platinum gray with black leather and bamboo trim with premium, sport, navigation, sirius, ipod adapter, and floor mats. The MSRP: 53,750. My price: 48,662 + tax, lic, tags. Invoice: 49,050. My price is $5088 off the MSRP. And $388 below invoice. What makes the deal even better is the finance charge: .9% for 60 months.
The car will be here in 5-10 days. I'm really excited. 
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- #3018 of 3491
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Re: can I do better than this on 528? [oceanbluela]
by x021627
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Jul 25, 2008 (8:03 pm)
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Replying to: oceanbluela (Jul 25, 2008 6:14 pm)
Congratulations. Sounds like you got a better deal on a better equipped car. I am sure you will love it. And the .9% financing is like free money...I am jealous about that.
Enjoy and welcome to the family! 
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- #3019 of 3491
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Re: can I do better than this on 528? [oceanbluela]
by teethstraight
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Jul 26, 2008 (5:35 am)
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Replying to: oceanbluela (Jul 25, 2008 6:14 pm)
Congrats!
Did you dealer show you the invoice price?
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- #3020 of 3491
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Re: can I do better than this on 528? [teethstraight]
by oceanbluela
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Jul 26, 2008 (6:07 am)
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Replying to: teethstraight (Jul 26, 2008 5:35 am)
I saw the list they had but didn't really pay attention to it because I know I had the real figures going into the dealer. I got mine from doing lots of homework online. I went to a few Bimmer boards and members there have posted the secret 'black book' prices, which are the true invoice numbers. Then as a backup, I paid 14 dollars for a Consumer Reports report on the invoice prices of the 5 series. So I went in armed with the truth and the number that I knew would be acceptable to me. The economy is so bad right now for many things, but most especially purchases of luxury cars. Hence the .9% financing and the great deals to be had on leasing. So getting this great deal just kind of balances things out for me. Higher prices for everything... but my dream car suddenly and surprisingly affordable. Strange world!
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- #3021 of 3491
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Re: can I do better than this on 528? [oceanbluela]
by teethstraight
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Jul 26, 2008 (9:17 am)
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Replying to: oceanbluela (Jul 26, 2008 6:07 am)
wow, that's great oceanblue.
I am also considering a car like yours 528xi, they have MSRP $53,875. The dealer only offers me $4k off MSRP. And I don't need finance, I'll pay cash or check. Do you think I can do better? My husband is trying to get me lexus GS350 also. I guess it all depends on the price.
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- #3022 of 3491
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Re: can I do better than this on 528? [teethstraight]
by x021627
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Jul 26, 2008 (1:18 pm)
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Replying to: teethstraight (Jul 26, 2008 9:17 am)
Sounds like you are buying or contemplating a 528Xi equipped like mine. I was about to get $3100 off MSRP in February 2008. There is the premium package incentive that sounds like the dealer isn't really sharing with you, although he probably claims he is. As the other poster mentioned, look at the invoice prices, factor in all or some of the premium package credit and then negotiate.
Also, don't tell the dealer you are not financing or leasing, but paying cash. Telling them cash means they have to make $$$ off of you by not negotiating well on the price of the car. BTW: you know they have .9% financing for up to 60 months. That is practically nothing and allows you to use your money for investing in the interim at a higher interest rate instead of paying cash for a depreciating asset all at once.
Just my .02
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- #3023 of 3491
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Re: can I do better than this on 528? [x021627]
by teethstraight
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Jul 26, 2008 (6:08 pm)
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Replying to: x021627 (Jul 26, 2008 1:18 pm)
You're right. I have pretty much the same packages/options like yours (premium pkg, cold weather pkg, ipod, xenon lights, navigation system). I think I'll use the .9% financing. I'll be glad if I can get $6k off MSRP. I heard someone here got $7k or $8k off MSRP, really don't know how they got the good deals.
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- #3024 of 3491
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thoughts on 528 xi lease
by gliderp
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Jul 30, 2008 (2:39 pm)
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i live in nj and was offered the following:
10,000 miles/36 months
msrp: $53670
cold weather, premium package, nav, satellite, ipod/usb adapter
my price: $48670
$700 month/ $1600 out of pocket
good/bad. any thoughts would be appreciated. thanks
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- #3025 of 3491
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Re: thoughts on 528 xi lease [gliderp]
by x021627
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Jul 30, 2008 (2:51 pm)
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Replying to: gliderp (Jul 30, 2008 2:39 pm)
question here is what is the mf you are being charged and how they calculated the out of pocket costs? Aquisition fee is $625, but can be marked up to as much as $825. Dealer may try to mark up MF by .0004, so watch out for that. Also, verify the invoice cost. Another good site to check besides this one is bimmerfest.com.
You should run the number through a lease calculator to get a sense of whether the numbers work out. Also, does your lease payment include the 7% NJ tax?
I bought a very similarly equipped 528xi in Feb except I didn't get satellite. I got in on $2500 trunk money and while I'm leasing for 36 mos. it's for 12k miles per. My payment is $650 including tax. Only other caveat is my residual as higher then what they are charging now.
At first blush this deal sounds decent, but running the numbers will tell.
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- #3026 of 3491
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Re: thoughts on 528 xi lease [x021627]
by gliderp
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Jul 30, 2008 (3:53 pm)
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Replying to: x021627 (Jul 30, 2008 2:51 pm)
thanks. will do.
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