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Prices Paid: Buying & Leasing Experiences BMW 5-Series Prices Paid and Buying Experience
3487 messages, Last post on Nov 28, 2009 at 8:44 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: greenkid (Jun 14, 2009 10:09 am) Congradulations on your new car. That sounds like a good deal. Can you let me know what's your negotiation strategy and what's the invoice on your car? i got a quote from a local dealer on a new 535 i for $100 over invoice - $5000 over the weekend. I don't know if I should continue to negotiate the price lower when I go in the dealership or should I just accept the price as is and not letting the guy feel I am low balling him.
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Replying to: letsgogiant (Jun 15, 2009 10:07 am) 100$ over invoice is a great deal. The invoice of my car was 55400$. If you are getting the same car for 100$ over invoice you can potentially get it for 1000$ less than me. Go get it! It cant get any better than this. Let me know how it goes.
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Replying to: greenkid (Jun 15, 2009 12:25 pm) |
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We are looking at the following vehicle: 2009 BMW 535 i xdrive demo with 6100 miles. Original MSRP 59670 Vehicle options: Cold Weather Pkg Premium Pkg All Wheel Drive Steptronic Auto trans ipod & USB adaptor Navigation system Sattelite radio w/ 1 yr mbrship destination charge ($825) Offering for $51995 minus 2500 cash = $49,495 Money factor .00175 36 mo. lease 50% depreciation $725 Acquistion fee $201.46 Document fee $650 Security Deposit 6% sales tax Dealer says lease payment comes out to $639 per. mo (includes acquision fee) tax extra (150 due as a total amount at lease signing), but I'm not sure if this is accurate. I used a lease calculation and came up with $584 (which includes tax and acquision fee built in) but maybe my calculation doesn't count because I used a calculator for leases that have to be new cars? http://www.edmunds.com/advice/leasing/articles/48365/article.html Not sure, since this vehicle has miles on it. How does this look? And how do I know that the mileage hasn't been manipulated?
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Replying to: s24w (Jun 16, 2009 9:01 am) Last info I had: 1st 500 miles are free... after that, $0.30/mi. (used to be $0.15, until this year).. 6100 - 500 = 5600 miles X $.030 = $1680.00 Lower the residual by that amount.. (change the residual % to 47.2%, and it will approximate it), and see how that changes your calculation.. I think it will put it pretty close. regards, kyfdx Host-Prices Paid Forums |
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Hello all I am in the market for a 535i with these options Cold weather Value Pkg Premium Pkg Sport Pkg CA Power shades PDC HBA Active Cruise Nav Logic 7 invoice 61,370.00 msrp 64,400.00 36 months with 0 down 15k yr 909 month Which is very close to TMV price on this site, any comments or suggestions on this price. Rock |
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| Has anybody had any recent experience buying out their BMW at the end of the lease? In the past few months, BMWFS has been negotiating directly with owners and offering near-wholesale prices. According to some other forums, the practice has now ended and all negotiations have to go through the local dealer. From my experience in talking to the dealers, they are much more interested in selling or leasing a new car than helping you buyout your leased vehicle. Does anybody have any recent experiences they can share? Mine is a 2007 525i. | |
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Replying to: sss2 (Jun 18, 2009 11:09 am)
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Replying to: jmcbmw (Jun 18, 2009 11:02 pm) |
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Replying to: jmcbmw (Jun 18, 2009 11:02 pm) The dealer has NO incentive to work in your favor. If the car is in good shape, low miles, etc., he would rather buy from BMW FS at auction rate since they get first shot, then certify and make a quick $5000+.
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