Last post on Dec 10, 2013 at 4:31 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
#3307 of 4114 I made a Deal Guys!
May 30, 2009 (11:58 am)
Well guys, after all these months of gut wrenching emotion, I finally made a nice deal today at the BMW dealer in Greenwich CT. Remember I had seen a beautiful Alpine White 2007 530i with Sports pkg, which is just what I was looking for, with low miles.
My sales girl, who's been working with me since November, was able to work with the other dealer because they are all owned by the same BMW parent company apparently. So one of the Greenwich manager's who lives in NJ, is going to pick up the car next week, and drive it over to Greenwich.
Meanwhile, the asking price was $36,999 (premium, cold, SPORTS, NAV, prem sound, comfort access, etc) 24K miles, Warranty expiration June 26, 2012. I got the car for $36,200. My heart was in my mouth over my trade in (1996 328i, 109K miles)
and somehow, they had the impression I wanted $2500 for it. Well the manager reviewed the car while I was talking to the saleswoman. He came in, and started with "well, I know you wanted $2500 for it (I never said that, I actually thought they'd offer me about $1200), but it has a few issues, and I could do $1500, maybe $2000 since you really want the car." I accepted the $2000 right on the spot, and that ended the negotiation part of it. I'm satisfied with it. Look the car has low treads in the rear set, sunroof inoperational, and ABS light comes on which the Darien dealer told me is a wheel sensor ($275).
So I'm giving them a large down payment, and financing only about 30% of it at 3.9%, she said maybe they'd do a little better. we'll see. The car is a cream puff, Alpine White, with black leather, and I am so excited I fnally found a car. I know I paid maybe a little more, but you know something, I keep my vehicles a long time, so that extra money will be amortized over the life of the vehicle.
Also - I bought the extended service warranty for $1695, which extended the service warranty until the end of the main warranty, which is June 2012. I felt it was worth the $800 per year extra for that. Peace of mind. Otherwise the 4 year warranty was running out in June 2010. I want to make sure my 30K mile servicing is FREE. Now it will be. I thought this was well worth it, I know they probably took me, but since the BMW dealer sold it to me, I have no doubt about it. It went onto the amount to financce, and yes, I realize it's a gimmick, but still it's there if I need it.
Well what do you think guys!!!
May 30, 2009 (9:00 pm)
Leased a 2009 535 with Space Grey exterior and Dakota grey interior. It was a demo with 4000 miles. Bought it in Dallas, Texas. It had the following upgrades
COMFORT ACCESS SYSTEM
HEATED FRONT SEATS
LOGIC7 SOUND SYSTEM
IPOD & USB ADAPTER
6-SPEED STEPTRONIC AUTOMATIC TRANSMISSION W/OD
Paid only $500 down and lease price is $719/month for 3 years with 12,000 miles/year
2009 models are scarce but great deals can be had.
The dealer in Arlington was great. Experience in Plano at Classic BMW was awful Manager was a jerk
#3309 of 4114 Low price dealer in Washington DC area?
May 31, 2009 (7:32 am)
Please, let me know if you believe any particular BMW dealer in the Washington DC are is offering better pricing. I'm looking to buy a 2009 535i. Thank you.
#3310 of 4114 Re: I made a Deal Guys! [gardis]
May 31, 2009 (12:05 pm)
Congrats! In the end as long as YOU are happy with the car (and it sounds like you are down right exctatic) that's all that matters! Enjoy your car!
#3311 of 4114 2008 528xi buying
Jun 06, 2009 (4:02 am)
Automatic, Premium Pkg, Cold Weather Pkg, Xenon lights, 11k miles for 37k
#3312 of 4114 Re: Low price dealer in Washington DC area? [dulnev]
Jun 07, 2009 (10:07 am)
Vob bmw has the most in their inventory and the people are laid back but if you want a dealership with better service, tischer is better although they don't seem to give the best prices. the passport experience with my dad was like pulling teeth but they were desperate to sell the car.
#3313 of 4114 Re: Deals [kevin530]
Jun 07, 2009 (12:40 pm)
Need advice on PRICE!
Was originally going to buy a CPO 2006 330x but realized that it was smaller inside than my 2000 Saab 95.
That said, I am upgrading to a CPO 2006 525xi OR 530xi buying with the current BMW 2006 financing incentive of 0.9% for 60 months.
The two I am considering are:
2006 525xi w/15989 miles MSRP of $33,995
2006 530xi w/19997 miles MSRP of $34,995
Both are titanium silver, black leather
Premium Package, Cold Weather Package
Any advice on how low they can go on price? Never bought a used car before and never bought a BMW before, so your experienced insights would be very helpful to my hard ball negotiations.
#3314 of 4114 Re: Deals [valuebuyer1]
Jun 07, 2009 (5:32 pm)
I would definitely go for the 530 xi you get the 255 hps instead of the 215. much needed for the size of the car.
I think you have room to negotiate the 35K price to a 32K. start with a 29K offer and work your way up.
I say that from experience, just bought a 2006 530xi with 16K miles for around $31,900. I love it.
Also, Are you sure you can finance at .9% for 60 moths. I thought it was 3.9%??
#3315 of 4114 Help...new '09 vs cpo '08 535i
Jun 07, 2009 (6:52 pm)
I have been looking into buying a 535i for quite sometime now. I just missed the 0.9% APR and 1500$ cash incentive also.
Now I am stuck between '08 535i space gray ext/black int with premium pkg, cold weather, ipod/usb, navigation and hi fi sound with 12k miles asking price 43888$ and '09 535i black ext/black int with the same specifications asking price 51,500$ after 5000$ manufacturer rebate.
Do you guys have any suggestions/comments on whether these sound like deals to be had or is there room for negotiations any further?
I also would like to consider 528i option just because its cheaper than 35, does anybody have experience with 228HP vs 300HP engine given the size of 5 series?
#3316 of 4114 Happiest Guy Alive
Jun 09, 2009 (5:13 pm)
I finally saw my new Alpine Princess tonight for the first time...........2007 CPO 530i,
with Premium, Cold, Sports, Prem. Sound, and NAV, comfort access.......Alpine white with Blk Leather, Anthracite wood..........When I saw the car in the dealer's garage (they imported it in from a sister dealer in NJ), I just stood there........the car is so unbelievable to look at with the Shadowlline trim and sport rims, that I was speechless. It was truly Impeccable. My brother and I got in the car and just looked at it. I gotta say, I don't know if there is any car that can top a BMW. The dealer handed me one plate, said put it in the windshield, see you in a half hour, didn't care where I drove it (I already had paperwork and a deposit on the vehicle). I felt like I was in a dream the whole time.
I pick up the vehicle on Thursday this week. It has 24, 547 miles on it. There isn't so much as a hair out of place on that vehicle. The trunk looks brand new. Warranty coverage until end of June 2012. I got the extended service warranty too.
I am counting the seconds and minutes until I pick her up on Thursday. I ended up paying $36200 for it. Tonight, I had it in my head that I was going to try to take some more money off the table -- until I laid my eyes on that vehicle, that is. If he said, you know what, we have to get another $500 for it, I would have signed the check.
It's the most exciting and stunning vehicle I've ever driven in my life, a true achievement for me. I'm one lucky guy tonight.