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You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
Jan 04, 2010 (4:02 am)
I am in CT and looking to buy a new 528XI with just steptronic and xenon in January.The MRSP with destination lists on BMW's webs site as $50,075.
I would appreciate any suggestions that forum members would be able to share about what price to expect. O should I seek to use one of the buying services (Amex, others?) in order to avoid a difficult negotiation (which I am never any good at ).
Or do people think I'm crazy and that I shoudl wait 9 months until the 2011 version of the XI is available in the fall?
Thanks in advance for your ideas and help.
#3527 of 4114 Re: 2010 BWM 528XIA [robert010]
Jan 04, 2010 (4:25 am)
Remember that in this market, add $180 for Training and $300 for MACO to the invoice prices on Edmunds. I just bought a 2010 535xi wagon from Pace in Mamaroneck (same ownership as Greenwich BMW). I paid invoice + Training + MACO + $1000. I suspect you might be able to get a 528xi for between $500-$1000 over invoice. Act by end of business today (Jan 4) and you can get the $2500 BMW rebate. Need to finance it for 36 mo 3.9% but you can pay it off in 4 months if you like. No prepayment penalty is assessed.
The 2011 "F10" looks terrific. But I would be somewhat concerned about buying an unproven new model. However, with the BMW 4yr/50K maintenance, I would risk it. I could not hold off because I wanted a wagon and who knows if or when BMW will import the new wagon.
I wouldn't use a buying service because I would much rather look carefully at vehciles.
There really doesn't have to be difficult negotiation. Tell your CA you want to work from invoice up. Mine immediately printed invoice and said his price was +$2500. I said that I knew that $1K was a fair profit on a wagon. He was able to accept. We negotiated a bit over the trade and the hardest negotiation was with the wife.
Took longer for the marital negotiations than with the dealer
She finally remembered something that her late father told me over 30 years ago: "If you want a car, just buy it."
Drove it home an hour later.
#3528 of 4114 Re: 2010 BWM 528XIA [nsoltz]
Jan 04, 2010 (5:02 am)
Thank you very much nsoltz. That is tremendously useful info.
Was going to pay cash and did not think of the lease. What does the lease acquisition add to the costs so that one can access the $2,500 lease incentive on purchase? (I'd plan to pay it off in 4 months, as you suggested).
#3529 of 4114 Need Some Help...
Jan 04, 2010 (12:07 pm)
Looking at a 2006 BMW 530xi with cold weather, premium and auto packages. It is a CPO car that I can get for $27,000. The problem that I see is that it has 55,000 miles. I am also looking at the same car with DVD Navigation System, Cold Weather Package, Heated Steering Wheel & Dual Heated Seats, Premium Sound Package, Premium Package, Automatic Steptronic and 40,000 miles that is not a CPO car for $28,000. Both carfax clean and one owner but the second one is not from a dealer.
Jan 04, 2010 (1:04 pm)
Both cars are 2007's.
#3531 of 4114 Re: O0ps... [dafreak1]
Jan 04, 2010 (2:49 pm)
No obvious answer but you might do national searches to guage what prices are on 07's that you are interested in. Give you a baseline to compare.
#3532 of 4114 Re: O0ps... [jayrider]
Jan 04, 2010 (4:03 pm)
jayrider, thanks for the response. The 40K mile car obviously seems like a better deal but it is not a CPO car. My brain is tired from searching websites for cars. Should the high miles be a concern?
#3533 of 4114 Re: O0ps... [dafreak1]
Jan 04, 2010 (4:10 pm)
You need to ask someone who has experience with bmw's. Independent service isn't too bad but repairs can be costly. Are you ok with possible big expenses to have a driving machine? May not have any problems but you need to be comfortable with the possibility. There are a lot of decent new/almost new cars you can buy for 28k. Decision is up to you. The risk of expensive repairs deter you if you really want the bmw. It is part of the package.
#3534 of 4114 Re: New 5 Series [dturr]
Jan 04, 2010 (4:45 pm)
2010 5-series (E60) production did stop at 12/24/2009. The new 2011 (F10) will start production any time now. Good deals on 2010 will be available but you cann't order one to your spec. Will have to take one of leftovers.
#3535 of 4114 2010 Production Ended
Jan 04, 2010 (6:08 pm)
Went to a dealer today to buy 2010 BMW 528XI and was told no more are being produced. They had none and would have to find one in order to fulfill any orders for a new vehicle. But not sure that if they found one it would be a good deal or not.