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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
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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. Many Thanks
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Replying to: sambo49 (Oct 31, 2009 5:51 pm) 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. Thanks.
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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? |
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Replying to: gregoryx (Oct 31, 2009 1:15 pm) |
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I appreciate any perspective on this... My local dealer has black/black 535Xi sedan pretty loaded up (m-pkg, etc)(however, it does NOT have Sirius or Comfort Access) which I really wanted. I'm pretty sure I can have the sirius installed via dealer - but Comfort Access needs to be installed by factory (I can prob live w/out this, if the deal is right). Was told that w/ the upcoming redesign of 5 series - current in-stock inventory vehicles would be HEAVILY discounted. So I requested a quote on a specific vehicle and here is response from dealer: >>Thank you for your inquiry in the 535ix we have instock. You are correct, with the upcoming redesign and the BMW Holiday bonus you can get a very aggressive price now on this car! The list is $60,350 and after all discounts and promotions we can offer it for $54,334<< I'm not sure if this is a 'deep' discount w/ all things considered. I guess I was expecting at least a ~$5k discount from dealer alone due to redesign, PLUS $2500 BMW cash - but dont know if im being unrealistic? So..I figured I'd post the situation for all of you to weigh in on before I respond to the dealer. Appreciate any perspective you might have - thanks in advance for your help!! -Jason
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| I am thinking about buying a 2002 540i for $12000.00 It has 43000 miles. There is problem with the a/c compressor. Can anyone give me some feedback? Good, bad, or ok deal? | |
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fyi-dealers are selling at invoice, they should be willing to show you actual invoice docs. The holiday cash should be in addition. So, you are not getting a great deal! Also, 2011 redesign will be out early next year, and since the economy is still down, you should be able to get a good deal if you can wait, although you may not see all wheel drive til the fall. |
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Replying to: 335xict (Nov 08, 2009 8:20 pm) On another note, depreciation is a bear right now. Buying a 2008 or 2009 that has already taken the first big hits makes sense. The allure of the "new" 2010 is surely strong, but a 2008 or 2009 with under 25,000 miles will be a huge bargain -- and you are likely to get all the extra features you desire. Just my two cents . . . hope it is helpful. |
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Hello, I am looking to get a new 2010 BMW 528 i xDrive (Monaco Blue MET) with the following:- * 4-Way Front Seat Power Lumbar Support * Ambiance Lighting * Auto-Dimming Exterior Mirrors * Auto-Dimming Rearview Mirror * Dakota Leather Upholstery * High Definition Radio * Integrated 3-Button Universal Garage-Door Opener * Navigation System * Online Information Services * Premium Package * Real Time Traffic Information * Split-Fold Down Lockable Rear Seats * Through-Loading System * Voice Command System The dealer website (in Massachusetts) lists the price at $52, 250. I am thinking of putting in an offer of $44,000. Since the new model is round the corner, is this a reasonable asking price? Can I go lower? Any insight appreciated. Thanks. |
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