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BMW 5-Series Prices Paid and Buying Experience

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#3286 of 3499
New to BMW by 70scarnut
May 21, 2009 (12:57 pm)
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Dealer in central FL has 7 new leftover 08' 535i sitting around getting sunburn.
Any thoughts on what a reasonable discount would be off of MSRP?
 
I'll want to lease but want to get net cap cost as low as possible because 36 mos residual is only 55%.
#3287 of 3499
Re: New to BMW [70scarnut] by 11taylor
May 21, 2009 (5:19 pm)
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Replying to: 70scarnut (May 21, 2009 12:57 pm)

recently purchased 2008 535xi with 15,000 miles for 40K I am sure that a new 535i has to start somewhere above that. I am amazed that a dealer has so many new 08 cars. Could not find any in Pennsylvania
#3288 of 3499
Re: New to BMW [70scarnut] by bmw25rh
May 21, 2009 (6:39 pm)
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Replying to: 70scarnut (May 21, 2009 12:57 pm)

I bought 2009 528 xi over the weekend for 46400 + tax and other fees. It has cold weather package, ipod and bluetooth and leatherette.
 
Total suggested retail price is 49675.
 
Hope this info works for you. I am not sure I got a good deal, but some stat that you can refer too.
#3289 of 3499
Leatherette by kevin530
May 22, 2009 (5:27 pm)
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70s, so for that price you did not get a premium package with real leather? How offensive is BMW to give less than leather in a $50,000 car?
I think you could have done better on price but so could I have.
Enjoy.
#3290 of 3499
528xi by pipiolo
May 22, 2009 (10:10 pm)
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Hi everybody,
I need some help here. I want to buy a 528xi. I got a quote from a dealer in kansas for this model:
-Black sapphire/brown leather
-Steptronic transmission
-Premium package
-Cold weather package
-Comfort access
-Xenon lights
-Satellite radio
MSRP: 54070
Asking price is 50300.
Now, I live in Texas so I need to flight there and bring it back driving 12hrs. Also I was thinking about the 2010 and the value package that include almost everything I want except for the xenon lights. So dont know what to do. Since this will be my first BMW I want to have the peace of mind of making a good deal.
 
I
#3291 of 3499
Is this a Good Deal? by gardis
May 24, 2009 (4:36 pm)
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Guys,
I need some advice. I found on the BMWUSA website, an ideal car. it's a 2007 CPO 530i, Alpine/Black, with Premium, Cold, SPORTS, prem. sound, and NAV. Car has 24K miles on it, it's off lease, one owner, clean Carfax, and dealer wants $36,999 for it. I called and got so excited, it's exactly the car I'm looking for, I walked away from one in January because of the stock market, but I'm reluctant to pass on this one. I called the dealer, and right away put a $500 deposit on it to hold it. The salesman, very nice guy, said they "owned the car at $36,000" and maybe there's few hundred in there, and then asked me what I thought I wanted for mine. I have a 328i, 1996 with 109K miles on it, with some issues (moon roof doesn't work, some other minor stuff that I had priced at the BMW dealer I dont' want to bother fixing yet). He's willing to drive the car to me (dealer is 60 miles from my house), then he called me back and said that he would take mine back with him, and the dealership gave him authorization to appraise mine on the spot.
 
I'm thinking that the price is a little high for that vehicle, and I don't want to move so fast. Should I drive out there, take the day off, and see what happens. I mean I haven't even driven the car, let alone seen it, except for pictures on the dealer website. The car is evverything I"m looking for but I"m more comfortable at $34,000 not the $36,999. Plus they're going to add dealer fees ($500, right). I"ve seen other similar vehicles with the XI that supposedly is supposed to be a higher priced model, in the same price range if not a little less. I just think that's high for that vehicle, given it has NAV.
 
What do you guys think? I'm going to call him on Tuesday morning and say, not so fast. Let's talk about price, or walk away. Anybody have any feelings about it.
#3292 of 3499
Re: Is this a Good Deal? [gardis] by nyccarguy
May 24, 2009 (6:24 pm)
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Replying to: gardis (May 24, 2009 4:36 pm)

If the asking price is $36,999 and he told you they own the car for $36K, then he is LYING to you. My guess is they paid around $31K for the car, + add $1500 to add the CPO warranty + I believe the dealer has to fix any issues with the car at his cost (tires, brakes, worn seats...ETC). I think $34K is more than a fair offer($33K is better) for that car. But if you really love it, don't let $2K stand in your way, especially since you seem to hold on to your cars for a long time.
#3293 of 3499
Re: 528xi [pipiolo] by mdx2008
May 24, 2009 (8:02 pm)
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Replying to: pipiolo (May 22, 2009 10:10 pm)

I thought about the 2009 vs 2010 issue and I went with buying the 2009. The Value Package does save you a ton of money but the 2010 did not provide the 2 free car payments, I brought my payment right down to 749.00.
 
Thomas
#3294 of 3499
Good Deal Gardis by kevin530
May 25, 2009 (4:04 pm)
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Hey Gardis, I am thinking that you have found your vehicle. I know what you're looking for and this, for sure, sounds like it. I agree with NYC that the deal most likely isn't what it seems but there has got to be room to move here. I would play hard ball (OK, maybe soft ball) with pricing. You know my belief that cream puff CPOs tend to sell quickly for top dollar; both of us have had cars ripped from under us in the past few months. That said, I do think that you should see and drive the car before any final deals, especially since you keep your cars for a while.
But it looks like you have a good nibble.
Let us know how it works out.
#3295 of 3499
Re: Is this a Good Deal? [gardis] by smithsonga
May 26, 2009 (12:21 pm)
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Replying to: gardis (May 24, 2009 4:36 pm)

IMO, price is too high. In Feb I got a 2007 550i LOADED, 38k miles CPO for $35k. they were asking $39.5k Car is mint. $70k retail new.
 
I would like $33k max for that 530i given the lower miles.

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