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BMW 5-Series Prices Paid and Buying Experience

3045 messages,  Last post on Sep 04, 2008 at 3:03 PM

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What is this discussion about? BMW 5 Series, Sedan, Wagon

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#459 of 3045 glaker by hoopsref Sep 02, 2003 (7:48 am)
I had a slightly simular experience with their sister store in Norwell m( ignored fax & several phone calls. (Only wanted to give $1000 of incentive, Norwood even would give $2000+.)Actually, I got a better price & responce from the Norwood store you dealt with then the Norwell store! I wound up buying at Herb Chambers in Boston ($3200 below invoice). I also had good pricing and was prepared to go to the dealer in Peabody, MA, Inskip in RI, Wagner in W. Springfield, MA, and one in NH. What did you wind up paying? One other poster here was having a difficult time getting deals in NJ last month.
#460 of 3045 swu12 by hoopsref Sep 02, 2003 (8:21 am)
How long have you been looking at the car? Do you need to get rid of a car or trade? There is always a possiblity that they may continue the incentive, but you just don't know yet. Heck, maybe they will make better...lol It could happen. The supply is getting lower. The options you want may be tougher to get. $4000 is on 530's, which are in fewer supply than the 525's ($3500) it seems to me. Bottom line: if you find a model you like with the options you can live with, I don't see how you can wrong. Especially if you don't care for the new 5ers styling. You may even be able to sell it in a year for close to what you get it for now!
#461 of 3045 530i purchase on Labor Day by whollycow Sep 02, 2003 (9:22 am)
Purchased a brand new (only 28 miles on it, some of it from my own test drive) white 2003 530ia with no additional options for $35,825 yesterday. What a great car, nicer than my previous 2000 323i.   Had tried the fighting chance method at the last minute on last Friday. Only received one response for $1K below invoice. The dealers were probably busy due to the long weekend and didn't bother to respond.   Negotiated this one directly in person.
#462 of 3045 LoJack by whollycow Sep 02, 2003 (9:49 am)
Did anyone install or consider installing LoJack on their 5 series?
#463 of 3045 Follow Up To Mess #459 by glaker Sep 02, 2003 (5:53 pm)
I got the dealer to go $1250 below invoice. Frankly, I was trying for at least $2000 below, but nobody seemed to have the 530 available (or they only seemed to have them with that impractical sand leather or the horrible alpine white exterior color). According to a couple of dealers I spoke with who had no 530s left (Ma, CT and NJ), they were flying out of the dealership during the final few days of the incentive. The 525s and 540s were moving slower, so they had those available even today. Initially, the NJ dealers seemed to be holding at invoice. I had given up on getting my 530 and was sulking at home on Friday night. I decided that, before going to bed that night, I'd make one final, desperate attempt at getting a car. So I sent off an e-mail to my very first internet contact in NJ - Prestige BMW - to see if they had lowered their profit expectations. After all, with the cash back deal ending, they might have a tougher time getting rid of any unsold units and/or expect to get any profit over invoice. The next morning I had an e-mail from the sales associate saying "call me and we'll talk". I did and, while I didn't get the price I wanted, I got a heck of a car at a really good price. (Actually my wife convinced me that I shouldn't lose the car over $750!) My wife and I both took a turn driving it back 145 miles to our garage and we're deeelighted. P.S. I tried Herb Chambers over a week ago with an offer of $750 profit and they simply said "no thanks". There was no counter offer - 'no nuthin'. I think that, when a lot of dealers saw the interest in the 530s, they started holding the line on dealing.
#464 of 3045 glaker by hoopsref Sep 03, 2003 (6:02 am)
Bottom line...you got the car before it was gone...period! You still got it for less than invoice. Yes, it would have been nice ot get more of the incentive but I guess supply & demand has come into play. Regarding the Herb Chambers experience: 1) It was not the end of the month when you trying to get the car, so they may been holding out on the profit margins until the end of the month. 2)Perhaps the 530's were in short supply with the options you want. I got my 530 from them the end of July for $3200 under invoice, but there was a few around at others also. Enjoy your car.
#465 of 3045 3rd time lucky... by kseshadr Sep 04, 2003 (10:49 am)
Finally drove home in a 530iA with PP/CWP/Heated steering for $38,900. This after 2 horrible encounters at VOB BMW and BMW of Arlington (MD/VA respectively). Finally was given royal treatment at Tischer BMW who also provided me with a rental till the car arrived.   They have a few left, if anyone's interested.
#466 of 3045 kseshadr... by timtran Sep 04, 2003 (12:20 pm)
Congrats! Does it have steptronic?
#467 of 3045 kseshadr by hoopsref Sep 04, 2003 (1:20 pm)
Congratualtions! How much below invoice did you finally get it for? Enjoy your ride.   timtran...FYI, the "A" in the 530iA is for automatic (i.e. steptronic)
#468 of 3045 hoopsref by kseshadr Sep 05, 2003 (6:03 am)
based upon Edmunds inv. prices - 530iA/PP/CWP/Htd. sw adds up to 42,255   -4k = 38,255, so i paid $3355 below. don't know how exact edmunds is though.

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