Last post on Dec 06, 2013 at 5:25 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
#3400 of 4113 Re: Bought 528i CPO [asterix4]
Aug 10, 2009 (7:07 am)
First of all Congrats for your new BMW! It is an amazing experience to own and drive one....
FYI, I recently (2 weeks ago) bought a 2007 525i 41K miles w/ Prmm and Cold Packages w/ Xenon Adaptive lights for $29,500. I paid another $250 for windows tinting and this past weekend, I bought the entended maintenance plan for $1895 from the same BMW Store in Cincinnati. The finance guy had quoted me $2300 initially when I was buying the car but before I got up he mentioned $1895 which would be cost-to-cost. He must still be making some money on it but not a lot. I had checked the pricing with some other BMW dealers around here and their price was between $2200-2300. The price goes up by $200-400 every year. It just went up on July 1st. So, yes you did pay a little bit more for the extended warranty.... but it all evens out... we pay more for something and less for other things... Be Happy and Enjoy the Car!!!
#3401 of 4113 Re: Bought 528i CPO [sandeepg]
Aug 10, 2009 (10:15 am)
Thank you Sandeepg, Gardis and others for your wishes and replies. I'm fine with a little overpayment on the mtce pkg. It was bundled in the 2.9% financing. Slightly different concern -
I love the car so far. I've driven it for last two days. I'm going through what I could best describe as buyer's remorse at this time . I'm a long time Toyota owner. Cost of maintenance and overall reliability are extremely important to me. Other cars I was considering buying were Acura TL (tech) or ES350.
The more I read this and other forums, I realize that 5 series maintenance could be pretty darn costly. I'm glad that I bought the extended maintenance pkg. So, my original warranty & maintenance are good till Sep 2012 and then I've two additional years of CPO warranty & maintenance.
I'll continue to follow this forum for tips/advice on how to maintain my new 5-series.
#3402 of 4113 Re: Bought 528i CPO [asterix4]
Aug 10, 2009 (4:50 pm)
Asterix, you are comparing apples to oranges. Are you really comparing a 5 series BMW, one of the highest rated cars in the world, with a Toyota? Now, I love a Toyota, it's a fabulous car. If you wanted to compare it to a Lexus, that would be OK. Also, Toyota requires maintenance.
Also, have you ever wondered why Lexus service operates late hours? If you have a Lexus, you can bring it for service in the middle of the night practically. WHY would they need to keep their service center's open so late if the cars didn't need servicing? My neighbor brings his car like 10PM or 11PM (he had an appt at that time).
They are clearly a top rated vehicle also, but Lexus also requires servicing. ALL these high end cars require servicing. It goes with the territory.
Aug 11, 2009 (5:28 pm)
I'm curious about any advice you may have on negotiating a 2009 528 x. I see a $5000 marketing support as well as 2.9% financing on the incentives section. One of the dealers near me has a basic model with a $48,500 list price. I'm assuming the dealer gets the 5k in support regardless of whether or not I take the financing deal. Is the appropriate target $43,500 plus 2.9%?
Aug 11, 2009 (5:58 pm)
I actually think the Lexus extended hours are more about customer service than reliability, Gardis. Let's not forget that, during the 70s and 80s, the Japanese beat the USA senseless with customer service (and reliability) for almost every product manufactured. That ethic has only continued over the years. Extended hours is something that BMW and Mercedes could learn a lesson about - how much would I like to have the option of Saturday auto service!!!
As for other posts about prices and costs of extended maintenance, I have come to believe that we all overpay for our BMWs, in one way or another. It is an emotional decision, ultimately, and there is no way we win in that situation.
#3405 of 4113 Re: Current incentives [autonomouslee]
Aug 11, 2009 (10:57 pm)
with the 10' models on the lot, you should easily get 9500 off.
Id personally go for 10,500 off. They have a 5k rebate to work with, so taking 5k off a aged car, is least they could do. I was offered 9500, once I called my dealer out on the rebate, he went from 4k off to 9500 in 10mins, when he knew I wasn't stupid.
Be stern, dont feel like your offending them, or being rude. Stick with the price you want to pay, and if they wont agree, WALK AWAY...i'll bet ya 99% of time, they'll call ya back in within 2days.
#3406 of 4113 Re: Bought 528i CPO [asterix4]
Aug 12, 2009 (2:33 pm)
Do you mind sharing the dealership information? I'm also looking to buy a 08 5 series, and your purchase price seems to fit my buget. But all the dealers in DC area seem to ask for a much higher price. Did you negotiate hard to get 33600?
Thanks a lot.
#3407 of 4113 Re: Bought 528i CPO [bdbd]
Aug 12, 2009 (3:57 pm)
bdbd - I bought it from BMW of Monrovia. I did not negotiate hard. I could have knocked off may be hundred or so dollars more.
#3408 of 4113 2010 series
Aug 12, 2009 (5:39 pm)
I just looked at the dealer's 5 series for 2010 (computer generated) and I cannot tell the difference if there is any with the previous models. Certainly, it doesn't look like they made major changes.
#3409 of 4113 Want a new (or used) 528
Aug 12, 2009 (8:06 pm)
I owned a 1993 525 that I bought new and had for 10 years and 212000 miles. I loved that car, but I replaced it with an Infiniti g35, which is just not the same. I want to get another 5 series, so I started looking a late model, low mileage dealer loaners. They are asking between 37,000 and 42,000 for 2009's with about 6,000 miles on them. I have no idea what they would take, though. However, with the manufacturer/dealer 5k incentive, and the 2.9 pricing on new 2009's, don't you think I can do almost as well on a new one? I could probably buy a new one for 2 to 3k under invoice. Does anyone out there have any experience with this or an opinion? thanks.