Last post on Dec 10, 2013 at 4:31 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW 5 Series, Sedan, Wagon
#3983 of 4114 EPP/Fleet program???
May 25, 2012 (1:17 pm)
Hello everyone. I have a question about the BMW Executive Preference Program (EPP) also known as the Fleet purchasing program, which allows me to buy a BMW through my company at a discount. Does anyone know about it? Is it a good deal? For a 5 series, the price is $3000 less than the "Dealer invoice/wholesale" cost.
Here is the quote I received back in December for a 2011 528i premium 1 car (price: $44,895 minus $3,000 (EPP incentive), plus $615 (pre-delivery inspection), plus $500 (MACO - not sure what that is), plus $599 (dealer fee), plus $250 (electronic registration fee), plus $2,616 (Florida tax), equals $46,733.22. Now, for a 2012, he said that it would be the same break down, plus the increase in price as a result of the base price of the 2012's being a bit more than the 2011's.
Is this a good deal? Are all of those fees to be expected?
#3984 of 4114 Re: EPP/Fleet program??? [ditrasetman]
May 25, 2012 (4:54 pm)
Ditrasetman, I have purchased 3 BMW's and if you get 3k BELOW invoice, you are DOING great! I paid 32k for a used 2007 530i with 18k miles and just a few options (back in 2009).
ARe you getting options?
#3985 of 4114 Re: EPP/Fleet program??? [ditrasetman]
May 25, 2012 (4:55 pm)
zombie99- can u tell me where you get access to this epp program? can i ask where u work
#3986 of 4114 528i Questions Before I Buy
May 28, 2012 (6:29 pm)
I am about to purchase a 2012 528i (just the premium one package), and I had a few questions before I bought it:
1) The MSRP on the car is $50,020.00. Through the EPP/Fleet Program of my company, I am getting it for $50,500 total (which includs the 7 year (3 years more than standard) 100,000 mile warranty ($3,490), tax, tag, title and all dealer fees). The price is $3,000 under dealer invoice. Is that a good price?
2) The 2012's are about to (or already have) end production, and in July the 2013's will begin production for delivery in late August, early September. Should I wait to get the newer model year? My understanding is that there is no actual difference in the car, besides a $600 higher base MSRP as well as a $400 higher premium one package (because it will now be bundled with the the satellite radio - which I do not need).
3) My 528i does not have navigation/technology package/bmw apps. I use my iPhone/Siri for all of my navigation needs. Am I making a big mistake by not getting it?
#3987 of 4114 Re: 528i Questions Before I Buy [ditrasetman]
May 31, 2012 (1:41 pm)
#3988 of 4114 Re: 528i Questions Before I Buy [ditrasetman]
May 31, 2012 (9:17 pm)
I've just read your post. So I don't know if you have bought your 2012 528i or not. In my experience, the end of the year is the best time to buy car if you can wait.
I've bought my 2012 528i back in Dec 2011, the MSRP was $53,395. Note that Back in Dec 2011, there were still brand new 2011 5 series on available for sale. And I paid $50,500 out the door including all taxes and license fee with 0.9% financing. But my car doesn't have the extended maintenance and warranty like your offer up to 100K miles. Mine is just regular maintenance and warranty of 4 years or 50k Miles. Oh I am from Southern California
Hope my info helps
#3989 of 4114 Re: 528i Questions Before I Buy [tranav]
Jun 01, 2012 (5:06 am)
What was your invoice price - did you end up paying below invoice?
#3990 of 4114 Re: 528i Questions Before I Buy [tranav]
Jun 01, 2012 (3:55 pm)
tranav, I have not bought it yet. The warranty I was including in my price is the 7 year extended warranty (so decrease $3,490 from my price to compare it to yours). The reason I am getting the car so cheap, is that when you buy a BMW through the EPP/Corporate Fleet program it is a set price, for every car, all the time. For instance, all EPP purchases of a 528 will be at $3,000 below invoice. So If I wait to buy a 2013 528, I will get the exact same deal as I am getting now (however the car will inherently be more expensive because the MSRP and invoice is $600 more for the 2013's).
I keep going back and forth between the 2012 that is coming in for me and ordering a 2013 which will probably be delivered in September. Everyone is telling me that no one would ever want to buy my 528 when I am ready to sell it because they will expect the navigation. Also, I am a techy guy and I love my iphone as well as pandora. That said, the BMW Apps might be a must for me so I can easily stream pandora through my iphone while driving. Thoughts? I am also being told that if I am thinking about getting a 528 with navigation/apps, I HAVE to wait for the 2013 model because the navigation system and the idrive is being completely redone. Is that your understanding? (I would not likely pay extra in the 2013 for the new digital instrument cluster/speedometer display).
#3991 of 4114 Re: 528i Questions Before I Buy [ditrasetman]
Jun 08, 2012 (6:56 pm)
Anyone know if the new MFID is in fact going to be in the new 2013?
#3992 of 4114 Re: EPP/Fleet program??? [ditrasetman]
Jun 10, 2012 (2:02 pm)
This is a good deal. I sold a new 2012 528xi last month through the EPP. All those fees can be expected and most are normal fees. I'm not sure what the $500 MACO is though since MD doesn't have a fee like that. I hope this helps you about the fees