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BMW 5 Series, Sedan, Wagon
#3577 of 4028 Fair MSRP for 2010 535xi
Feb 06, 2010 (7:08 am)
My 2007 530i lease ends 3/31. I saw my BMW dealer in Jan who put together a 535xi, with Nav, Prem, Sat, Value with a list of $57,470. He offered selling price of $54,808 less $1,500 loyalty, MF .0024 and resid 59% (15,000 miles) and monthly with just 1st and bank with taxes rolled in of $819/mos.
He also recommended I wait until the 2010 are marketed more heavily without waiting until supply dries up due to the 2011 model.
My question is at what point do you think I can get the selling price to be invoice or lower or to get my payments into the $750/mos range. (Invoice is $53,095). Will the new model kill the resid on this model so that all that happens is the price and residual go down....duh similar deal anyway.
Do I stay a month or two longer on my current lease and wait it out till the 2011 orders are being taken?
#3578 of 4028 Re: Fair MSRP for 2010 535xi [bmwagainmaybe]
Feb 06, 2010 (7:40 am)
If you can lease the 2010 for less than 1% of msrp  excluding taxes and fees than it is a great deal no matter what. I would shoot for $550 and go as high as 600. I don't know if that is possible. My observations re leasing is that if they give in one area they take away in another. Another question to ask yourself-- do I want the first all new model of the 5 ? This is a totally new euro sedan filled with new gizmos and high tech features. Happy hunting.
#3579 of 4028 Re: Fair MSRP for 2010 535xi [jayrider]
Feb 06, 2010 (8:47 am)
How long do you think I would have to wait to be able to make a deal like that. I would grab it in a heartbeat to pay$574 plus tax ($623/mos) instead of mid to high 7's.
#3580 of 4028 Re: Fair MSRP for 2010 535xi [bmwagainmaybe]
Feb 06, 2010 (8:53 am)
You may have to wait forever -- may not be possible but you can tell the dealer that you will deal at those numbers and let him contact you if it happens. Problem is that there aren't that many 5's left. You may be able to deal on a service loaner with 5k miles or less. They can be leased and there are some around.
#3581 of 4028 2010 Five Series Marketing Support
Feb 15, 2010 (12:22 pm)
Does anyone know when BMW will provide "marketing support" for the 2010 528's given the 2011 style change is eminent. I see the 550i is currently at $7,500. Any guess on what the approximate support number will be?
#3582 of 4028 Re: 2010 Five Series Marketing Support [tomy3]
Feb 15, 2010 (2:19 pm)
don't look for any firesale -- there aren't many 2010's around. A few years down the road they will be severely depreciated because the 2011's are totally revamped.
#3583 of 4028 Re: 2010 Five Series Marketing Support [jayrider]
Feb 15, 2010 (3:34 pm)
While I understand BMW website inventories are not always accurate, presently there are 70 2010 528xi's available in the Cleveland area. Perhaps the scarcity you mentioned is driven by geographical area as well. My intentions are to lease, so I am not worried about the longer term depreciation impacts.
#3584 of 4028 Re: 2010 Five Series Marketing Support [tomy3]
Feb 15, 2010 (4:14 pm)
The 2010's will be a much better buy than lease. The rv's and mf's could be brutal but you never know. I would contact a service profiled in edmunds -- Auto Authority and see what they have to say re lease deals. They charge a fee but can advise you on the best deal re the 528xi. Good luck -- I do like them -- sat in the M version a few weeks back. The dealer near me has decent lease deals twice a year on loaners with less than 5k miles. You might explore that avenue if you don't have to be the first one to put miles on the car.
#3585 of 4028 Re: Sports package or not? [tocheer4]
Feb 19, 2010 (11:28 pm)
I recently went to my tire distributor and he said I can get non run flats for about 1/2 the price...has anyone heard of this?
#3586 of 4028 Re: Sports package or not? [whitehot5]
Feb 20, 2010 (4:24 am)