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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
3504 messages, Last post on Dec 07, 2009 at 3:46 PM
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Replying to: phil_in_socal (Feb 19, 2009 2:31 pm) MSRP 53,075 includes, premium, cold weather, comfort access, navigation and ipod Cap - 48,100 BMW Financial cash back (everyone gets this) -$2500 adjusted cap - $45,600 58% residual, 0.00175 money factor, 6% maryland taxes, $699.55 a month, 15k miles per, 36 months Only first month and $725 security deposit due at signing. I dont think you can get the car much cheaper. I basically had the same offer from 3 dealers in Maryland and Virginia after several days of haggling. Had one dealer tell me this deal wasn't possible and tried to tell me I was getting a 3 series instead. Had another dealer tell me that I had to pay taxes and was getting screwed when I showed up. I also got two sweet new BMW keychains. Got the car from Tisher in Silver Spring....BMW Sterling VA and Northwest in Baltimore were the other two that offered the same deal on identical cars.
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Replying to: robprivi (Feb 28, 2009 9:58 am) I am considering a BMW 5-series purchase. I am torn between new a CPO. My local dealer has a 2007 CPO with 30k miles. It is a 530i with Premium, Sport, Nav, and Cold Weather. The color is black with terra interior, multi-contour seats. The condition is great, but not perfect. There is a light scratch in the passenger side dash, about 3" long that I am not thrilled about. They want $38,700 for the car, and don't seem willing to work with the price at all. In this economy, that seems ridiculous to me. What do you guys think is a fair price? Also, generally, what % off of sticker price should I expect to be able to negotiate on a loaded 528i or 535i, with the 0.9% apr special. This dealer says they can go up to 5% off of sticker. Is this reasonable? I know someone who just got a brand new loaded Jaguar XJ8 for $20,000 below sticker. Is this dealer jerking me around, or does BMW just not discount their cars anymore? Please help me make some sense out of this. Thanks!
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Replying to: schwarzsteven (Mar 16, 2009 5:21 am) Search the internet and ebay for CPO cars. there are a TON of 530is out there. You can find a perfect one for low 30s I am sure. Good luck.
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Replying to: woodard1973 (Mar 15, 2009 10:52 am) based on your adjusted cap of 45.6K and info you've provided bout your lease, your monthly should be $577.94 (including tax). Was there add'l cost added to your lease? Looks like $3,900 was added, are you sure you got the $2500 cash back? Something is very wrong with your $700 monthly. I'd re-check your lease contract, but unfortunately if you already signed and took the car home it's too late.
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Replying to: phil_in_socal (Mar 16, 2009 1:36 pm) Plug a maryland zip code into the edmunds lease calculator (20707) and you'll get the $699 number. |
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Replying to: schwarzsteven (Mar 16, 2009 5:21 am) I know a dealer in NJ that let one go just like the above with only 20K miles on it for low $30's. I'm still kicking myself. Good luck, let me know how you make out, CT here. Gardis72  gmail.com
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Replying to: smithsonga (Mar 16, 2009 9:46 am) I'm looking a 2007 530i, with sports. Thanks |
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Guys, I need some guidance. I just saw a beautiful car, CPO at the dealer. Actually the car is listed on the website, but was not on the lot. So I spoke to the internet sales manager, and the car was still in the process of being certified, so he brought me to show the car to me. Here's details: 2007 530XI SPORT, premium, cold, bluetooth Black Sapphire with Auburn Warranty: 4 year to FEB 2011, extended warranty to FEB 2013 Mileage: 23K ASKING PRICE $35,659 He is going to let me know when it's fully conditioned and let me drive it. I'm not sure about the all wheel drive. Is that good or not good? It has the usual 5 series rims, which I was disappointed because usually Sport pkg comes with sport rims. He explained why (something to do with all wheel drive, 18" wheels, etc). But the warranty is good, and the mileage is low. I just feel that price is a little on the high side. Any comments? I can't wait to drive it. It had one owner, the dealer leased it to him for 2 years. No incidents with the car at all. |
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BTW I'm in CT Gardis - CT |
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Replying to: gardis (Mar 19, 2009 1:15 pm) For example, I bought a 2007 550i loaded in late Jan. Same situation with 1 owner, 2 year lease. My car is loaded but with 35k miles. Asking $40k bought for $35k. $70k car new. Ask $30k. Imo |
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