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BMW 5-Series Prices Paid and Buying Experience

3500 messages,  Last post on Dec 06, 2009 at 11:14 PM

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


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#3019 of 3500
Re: can I do better than this on 528? [oceanbluela] by teethstraight
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?
#3020 of 3500
Re: can I do better than this on 528? [teethstraight] by oceanbluela
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!
#3021 of 3500
Re: can I do better than this on 528? [oceanbluela] by teethstraight
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.
#3022 of 3500
Re: can I do better than this on 528? [teethstraight] by x021627
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
#3023 of 3500
Re: can I do better than this on 528? [x021627] by teethstraight
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.
#3024 of 3500
thoughts on 528 xi lease by gliderp
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
#3025 of 3500
Re: thoughts on 528 xi lease [gliderp] by x021627
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.
#3026 of 3500
Re: thoughts on 528 xi lease [x021627] by gliderp
Jul 30, 2008 (3:53 pm)
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Replying to: x021627 (Jul 30, 2008 2:51 pm)

thanks. will do.
#3027 of 3500
New lease - 535i 24 month by suznsax
Aug 01, 2008 (9:55 am)
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Having benefited from the postings here I wanted to share my recent experience (7/28) with a new '08 535i equipped with prem pkg, heated front seats, park dist, shade, and navigation. MSRP (pre price increase) 49,400 + options of 5,775 + dest 775 (pre price increase) = 55,950. Invoice of 51,477. I was able to negotiate invoice pricing (ex: MACO) at .0012 MF (I am currently leasing an X5 as well). Residual of 69% on 24 mos. lease = monthly payment pre taxes of $679.78 - $737.56 after taxes. Out of the gate the dealer in the Bay area offered only $1,000 off MSRP and a MF of .0014. My salesman did not know about the dealer rebate on the prem package until I told him about it. He went back to his manager with my request for invoice pricing less MACO at MF .0012. ( BMW published rate of .0020 dropped to .0016 in July less loyalty discount of .0004 = .0012). He initally balked at no MACO and the .0012. He said one or the other, but not both. He relented when I was prepared to walk out the door. Considering this car did not come off his lot I feel great about the deal. Having just turned in an '06, I'm also thrilled with the new engine. Thanks again for everyone's input.
#3028 of 3500
Re: New lease - 535i 24 month [suznsax] by asteinberg
Aug 01, 2008 (10:18 am)
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Replying to: suznsax (Aug 01, 2008 9:55 am)

It's very difficult dealing with BMW dealers.
Does someone have the August MF for 5-series and X-5, for 24 and 36 month leases, including for BMW loyalty? Also, is there still the adjustment for repeat deposits?
Does someone have any promotional or give-back for 5-series and X5? What is the implication for how much below invoice to go?
Thank you very much.

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