Last post on Jun 07, 2013 at 2:46 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
#3435 of 4036 First Used Car/Concierge - Is it worth it?
Oct 28, 2009 (12:29 pm)
Yes, our first used car is a 2008 BMW 535i with 26,000 miles on the clock: NAV, Cold Weather and Premium Packages, those wonderful adjustable seats, etc. Certified. Paid $39,800. The dealer put on a brand new set of Goodyear Eagle tires, paid for a year of Sirius radio, provided new mats (carpet and heavy duty), did superb detailing, and also threw in several other nice things. Good buying experience overall.
One tip -- the dealership tried to sell us a tire protection, road hazard package. Passed on that, went to a chain tire store, and bought their tire protection plan for $79. (We passed on the extended maintenace, which was offered at $2,100.)
I have a question about the driver assist features. -- Has anyone purchased the optional $199 BMW concierge service? Do you find it worthwhile?
#3436 of 4036 Re: Mfg. Cash? [nlkleinberg]
Oct 28, 2009 (7:04 pm)
how much did you pay for it?? leasing, financing?? I'm considering getting the same car also in the NY area
#3437 of 4036 Re: Mfg. Cash? [hit]
Oct 29, 2009 (11:04 am)
Well, I have a bunch of options on it. I have the paperwork (e-mailed to me by my dealer) in front of me but haven't signed/returned it.
As I say, $500 over invoice (or at least what KBB, Edmunds, etc. SAY is invoice) + $180 training (listed on the price sheets) and $300 MACO (which every post I've read says is legitimate, varies by region). Then there's tire tax, a fee for getting the registration, title, tax (of course), etc. Details are: 2010 535XI 6-speed with PP, Sport Pack, Value Pack, Nav, PDC, Sat Radio, Split Folding Rear, Heated Rear, Ventilated Seats, Nasca Leather and Anthracite Header, $59,675 + tax, title, $45 doc fee, tire, reg (includes training and MACO).
Again, I'm TERRIBLE at negotiating with dealers and I didn't have to do ANYTHING to get $500 over invoice. Unless there's trunk cash I know nothing about, the economy must have these dealers desperate, especially at the end of the month and with the current 5 coming to end of production. I might be able to push for a few hundred less but, frankly, I like this dealer a lot and it's worth it to me to just do the $500.
As to your leasing or financing question: I don't want to finance, although I understand there's 2.9% financing available from BMW. Might affect the quote though. I MIGHT want to lease but I won't know what the programs are until the car is delivered in about two months. At that time I'll see what I want to do and what deal I can strike with my dealer, but if I need to I'll just pay cash.
#3439 of 4036 Re: Need Quick Help - 2010 535xi [gregoryx]
Oct 31, 2009 (1:23 pm)
Prior to the mishap - did you not explore having the dealer simply activate satellite radio and comfort access for you - is this NOT possible? I'd like anyones feedback on this - as there is a car that I am interested in which has everything except these two items and I was hoping there may be a way to have them activated/installed via dealer?
#3440 of 4036 Re: Need Quick Help - 2010 535xi [335xict]
Oct 31, 2009 (2:15 pm)
I did investigate and was told that comfort access is factory install only. Sat radio and ipod integration can be installed by dealer. I now have comfort access and the car is much more convenient to drive. The act of putting a key into slot and then having to push button is a waste of motion.
#3441 of 4036 End of Lease Experiece
Oct 31, 2009 (6:51 pm)
My lease for a 2007 BMW 525xi is coming up shortly. I am interested in the 2011 5 series understand it will not be available for another 6 months or so. The residual value on my lease is 31700, based on 30k miles, luxury package, cold weather package. Edmunds' dealer trade in value is 25000, one dealer offered to sell it back for 29500 straight up with no extended warranties or CPO, claiming they cannot go lower because BMW charges them more money for the car if they were to sell it to the current customers. It seems to me that BMW will actually loose more money if they had to take the car back and sell it at auction.
Some friends have indicated that the dealer will not seriously negotiate pricing until the day I go to return the car. I would appreciate if anyone can share their experience with the end of lease for 5 series and if they were successful in negotiating a price closer to the Edmunds dealer trade in value.
#3442 of 4036 Re: End of Lease Experiece [sambo49]
Oct 31, 2009 (9:26 pm)
I have a 2007 530i with 36 month lease ending soon. The car is equipped with Steptronic, Premium, Sport, Cold Weather, Navigation, Logic 7, Sat Radio, Split Rear Seats. Ski Bag (which I never even looked at). MSRP in 12/06 was $58,990. Residual on the car is $35,394. It has 40,000 miles on 45,000 mile lease. I just put $1,300 worth of 18" Michelin Sport A/S ZP tires on the car in August.
I can turn the car in and the Dealer will "re-sell" me this car "Certified" with 100,000 mile warranty for $33,900 and finance for up to 60 months 0.9%.
This seems to be a decent deal to me. I would appreciate any comments.
#3443 of 4036 should I buy 2010 bmw 5 series now?
Oct 31, 2009 (11:18 pm)
so I know this new model coming next year, will this really worth the wait?
by looking at the current 528i , I like it a lot, and my wife force me to buy a new one because she dont like anything that used. I did the search from spy photos, really can't see anything. so my question is, if the new generation will not have that much change, I will just go ahead buy now. However, if new deign are far different exterior and interior than current model. that will makes me think I really bought a older model by next year and I am pretty sure I wont be able to change it for another 3-4 years.
so is it really worth the wait?
#3444 of 4036 Re: Need Quick Help - 2010 535xi [gregoryx]
Nov 02, 2009 (8:22 pm)
NOTE - comfort access cannot be installed by dealer . . . sorry for mistake