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BMW 5 Series, Sedan, Wagon
#3758 of 4028 Re: Need advice on car I test drove yesterday! [knasir]
Oct 17, 2010 (8:42 am)
Hi , it seems a little expensive , you should consider a 2008 528i CPO, with this you will be getting the $1500 payment credit from bmw also
#3759 of 4028 Re: 2011 535i for $55900 good price? [scottw58]
Oct 17, 2010 (2:25 pm)
Pretty much the same specs incl. the colors but I factory ordered the 'xdrive' back in Sept first week for $1000 over invoice. The difference between 535i and 535ixdrive is around $1500 and is well worth it. Only problem is that it took 6weeks (I could track it online) and got a phone call yesterday (Saturday, Oct 16) that the car has arrived. Can't wait - but, I thought if you want you can possibly upgrade to an xdrive. I was not going to haggle for a few hundred dollars esp when you are shelling down almost $60k! My three cents...
#3760 of 4028 Re: Need advice on car I test drove yesterday! [knasir]
Oct 17, 2010 (4:29 pm)
Also be aware of the scheduled maintenance expenses that can be significant for a BMW that old.
#3761 of 4028 Re: Need advice on car I test drove yesterday! [mdx_fan1]
Oct 17, 2010 (5:16 pm)
The prices I found were between $17,000 - $20,000, so the price is not far from this range. It's more about the total price and the monthly payments. 2008 is out of my price range. Is that also the N series engine with the HPFP problems?
#3762 of 4028 Re: Need advice on car I test drove yesterday! [infinitimn]
Oct 17, 2010 (6:09 pm)
This got me to thinking about the extended warranty to 100,00 miles. However, I have read that self-insuring may be the better way to go b/c the things that tend to go are the water pump and radiator/thermostat before 100,000 miles. This may run me between $2,000-2,500 dollars total which is less than the warranty would cost. Any thoughts on this?
#3763 of 4028 Re: Need advice on car I test drove yesterday! [knasir]
Oct 21, 2010 (5:46 pm)
the 535 engine has the issue , however bmw has covered it for 10 years/100k miles
the 528 engine does not have the issue , and it is same as the 530 engine
#3764 of 4028 BMW financing closing costs on a CPO
Oct 22, 2010 (12:21 pm)
Im looking into purchasing a CPO 5 series. The Dealers in my area are currently offering a CPO special of .9% financing, $1500 off the price or 2 years of free maintenance. It seems like the maintenance is the best value, but the dealer just informed me that the free maintenance option requires me to finance through BMW, which has rates roughly 1.25% higher than I can achieve with AAA. The payment itself is one thing, but I'd also like to know if there are prepayment penalties and any other costs related with financing with BMW finance on a CPO
Any insights would be greatly appreciated.
Oct 23, 2010 (5:32 am)
I am negotiating with several dealers to buy a 550i in the greater Boston area. I plan to buy the last week of Oct. Because of the options I want, the car needs to be ordered. The prices I have gotten in the first round are $4,800 under MSRP, which is $900 over Edmunds invoice price.
Admin doc fees are in the $300 range.
How does this pricing compare with other deals?
Any recommendations for dealers in the Boston or southern NH areas that provide lowest pricing?
#3766 of 4028 Re: BMW financing closing costs on a CPO [smokee2]
Oct 23, 2010 (8:58 am)
I just did CPO in July and got the free maint to 100K. I had to finance a minimum of 10K to get the deal and pay their commercial rate which was about 7%. I was told I could pay off the loan after 4 months and still have the maintenance for free, but I have not tested that yet.