Last post on May 11, 2013 at 8:23 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
#3615 of 4028 NEW BMW 2009
Apr 04, 2010 (7:12 pm)
As I mentioned couple post above I am looking for 2007 CPO Series 5, after browsing local inventory I came accross couple new 2009 Series 5 BMW in my area, and wondering what would be fair price.
Dealer is asking $53,925
528i 350miles with navigation, keyless entry and probably Premium Package 1
Now knowing that there are couple 2010 at other dealership with similar configuration for $43,000 or one for $39,900 (without navi), these prices include $5000 BMW credit and adidtional dealers credit.
I hope that he will be willing to reduce price to $35,000 for 2009, do you think that is realistic expectation and what do you think how much should I pay for new 2009.
#3616 of 4028 Re: Pricing/Discounts on 528i [joe24]
Apr 04, 2010 (7:49 pm)
I bought my 2010 528i AWD from BMW of Tenafly, NJ
#3617 of 4028 Re: Final offer on 528i [bamabillyp]
Apr 12, 2010 (3:44 pm)
out of your 3K down how much was the capital reduction/downpayment?
Apr 12, 2010 (9:20 pm)
Edmunds has the rates going at 5.9% for new 5 series. Is this correct? I would think BMW would be lowering them to try and get rid of the 2010's left on the lot. Also, are there any special rates for used 5-series? Thanks
#3619 of 4028 2009 CPO 528xi price quote
Apr 13, 2010 (7:54 pm)
Was just quoted $38.8k for a 2009 CPO 528xi (14k miles, monaco blue ext, beige leather, premium, cold weather pkg, ipod connection). Original warranty good till 01/2013 (CPO 01/2015). Dealer will also take care of my current vehicle (2007 328xi lease, 3 payments left).
Is it an acceptable deal? Want to go ahead in the next day or so, and any advice will be greatly appreciated.
#3620 of 4028 Re: 2009 CPO 528xi price quote [yoshodeep]
Apr 14, 2010 (5:40 am)
this appears to be a good deal, especially taking your lease (which I assumes absorbs your last 3 payments, what about your security deposit?). a 2010 with your options is probably $10k more.
I am a huge fan of the CPO route. You will save $10k, and actually get a longer warranty.
#3621 of 4028 Re: 2009 CPO 528xi price quote [yoshodeep]
Apr 14, 2010 (9:45 am)
Very good deal. Ditto on CPO is the way to go.
#3622 of 4028 Re: 2009 CPO 528xi price quote [yoshodeep]
Apr 15, 2010 (1:15 pm)
Not sure its a great deal. With the incentives on the 2010 528xi you can buy a new one for $43-44K (carsdirect price) with all the options you have outlined. Buying a car with 14K miles and one year older for 5K less than new.
#3623 of 4028 Re: 2009 CPO 528xi price quote [joe24]
Apr 15, 2010 (1:40 pm)
I use carsdirect and get $47k. Maybe you are not selecting the 528xi and just the 528i?
#3624 of 4028 Re: 2009 CPO 528xi price quote [joe24]
Apr 15, 2010 (3:24 pm)
Factoring into the deal the value of getting out from under the last three lease payments, and even at "only" a $5K discount from new (money is money), the miles and slightly more age on the CPO leaves a very good deal IMHO. It's a BMW.