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BMW 5-Series Prices Paid and Buying Experience

3499 messages,  Last post on Dec 04, 2009 at 9:29 AM

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

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#3190 of 3499 Re: 2009 535i xdrive quote [rocky725] by rocky725 Feb 02, 2009 (11:55 am)
Replying to: rocky725 (Feb 01, 2009 7:43 am) I questioned them on the sales tax and the response was convoluted but they basically charge sales tax on the sum of the payments. In other words, the sales tax is an iterative calculation that is done by the computer. The way they do it does not appear to be correct but I was able to validate the number using their methodology (within $10) using a financial calc.   The capitalized cost includes all amounts that are being rolled into the lease so unless you prepay the taxes and fees the cap cost will be higher than the selling price. Replies to this message: csy8 (Feb 02, 2009 10:18 pm) rocky725 (Feb 03, 2009 7:07 am)
#3191 of 3499 Re: 2009 535i xdrive quote [csy8] by x021627 Feb 02, 2009 (12:30 pm)
Replying to: csy8 (Feb 01, 2009 9:01 pm) the tax on the lease payment varies according to state statue. In NJ, it used to be only on the portion you rent or lease. After that tax mess a few years ago, it became on the whole amount for example.   check the laws in your state.
#3192 of 3499 Re: 2009 535i xdrive quote [rocky725] by csy8 Feb 02, 2009 (10:18 pm)
Replying to: rocky725 (Feb 02, 2009 11:55 am) Thanks. Can you list some of the fees that are included in the cap cost? Replies to this message: rocky725 (Feb 03, 2009 7:07 am)
#3193 of 3499 Re: 2009 535i xdrive quote [csy8] by rocky725 Feb 03, 2009 (7:07 am)
Replying to: csy8 (Feb 02, 2009 10:18 pm) For my lease it was just the acquisition fee ($725). I'm not sure if you can roll the DMV (registration) fees into the lease but I don't see why not. Keep in mind that in most states you save money on the registration fees if you transfer the plates from your old car.
#3194 of 3499 Buy from Out of State by gardis Feb 07, 2009 (5:41 am)
Guys, I'm being offered a nice 2007 5 series out of state (60 miles from my house). Does anyone have any experiences buying out of state? What are the advantages, disadvantages. I would have to service the car at one of my local BMW dealers, no question. But if there's a problem with the vehicle, are they going to approach it the same way as a dealer who sold the car?    Please advise, I hate to pass up this opportunity. Also, do sales taxes apply if the car is bought out of state? Years ago, we use to go shopping in NYC because we didnt' have to pay sales tax. I doubt that's the case any longer.    Gardis Replies to this message: jayrider (Feb 07, 2009 8:31 am) xdc (Feb 10, 2009 6:57 pm) gardis (Feb 11, 2009 5:41 pm) xdc (Feb 11, 2009 7:02 pm) and 1 more...
#3195 of 3499 Re: Buy from Out of State [gardis] by jayrider Feb 07, 2009 (8:31 am)
Replying to: gardis (Feb 07, 2009 5:41 am) you pay sales tax at home when you register the vehicle. buying out of state is absolutely no problem.
#3196 of 3499 Re: Buy from Out of State [gardis] by xdc Feb 10, 2009 (6:57 pm)
Replying to: gardis (Feb 07, 2009 5:41 am) Gardis:   Got yours? I am considering 2007 530xi with similar package you got. Wondering how was the process of negotiation. How much did you bring the price down?   Thanks!   xdc Replies to this message: gardis (Feb 11, 2009 5:41 pm) xdc (Feb 11, 2009 7:02 pm) gardis (Feb 19, 2009 4:43 pm)
#3197 of 3499 Re: 2009 535i xdrive quote [rocky725] by phil_in_socal Feb 11, 2009 (5:09 pm)
Replying to: rocky725 (Feb 01, 2009 7:43 am) Wow! with today's market, the best you got was a 4.5% off msrp!
#3198 of 3499 Re: New 528i Lease Deal in Bay Area FYI [argumentator] by phil_in_socal Feb 11, 2009 (5:15 pm)
Replying to: argumentator (Dec 29, 2008 11:54 am) Now this is better, 14.5% off msrp. with today's market, 18% to 20% of sticker price as your starting negotiation price is not insane. if you're getting less than 14% off msrp, you're getting jipped!
#3199 of 3499 Re: Buy from Out of State [xdc] by gardis Feb 11, 2009 (5:41 pm)
Replying to: xdc (Feb 10, 2009 6:57 pm) Hi xdc, No not yet. I have to get the chance to drive 55 miles, not a big deal, but with work and all, plus they don't want to talk on Saturday so that leaves the weekend out. I always check the BMWUSA website for inventory, do you? Good luck, I missed out on two cars, someone's buying!! Replies to this message: xdc (Feb 11, 2009 7:02 pm) gardis (Feb 19, 2009 4:43 pm)

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