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BMW 5-Series Prices Paid and Buying Experience

3038 messages,  Last post on Aug 29, 2008 at 8:27 AM

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

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#814 of 3038 About to start negotiations on a 530i... by mckennamd Feb 08, 2004 (3:23 pm)
Does anyone have any info on current money factors or finance rates? I am hoping for 1K over invoice. I am in Fort myers, FL, by the way.
#815 of 3038 BentleyFam25 by radiowave Feb 10, 2004 (10:47 am)
Might I ask what part of the country you're in to see such low prices? Here in Southern California, it's difficult to get below $2,300 over invoice even on a 530. I'm trying to figure out how far from LA I have to go to get a reasonable deal. Thanks.
#816 of 3038 radiowave by bentleyfam25 Feb 10, 2004 (2:19 pm)
I'm in New Jersey. Since BMW first began to penetrate the market heavily around here, there are at least five dealers within 10 miles of me in NJ, plus at least three more in Manhattan. Also, the Northeast port of entry is here, as is the BMWNA headquarters.   Though there's a lot of money chasing BMW's in NJ/NY, there's even more BMW's to be had, and the dealers are used to dickering.   Good luck in CA -- if there are fewer dealers per square mile, dickering with be tougher. Also, don't know what dealers are used to in CA, but around here negotiations can be pretty pushy and agressive. Your nearby CA salesreps may simply not be used to being threatened with a place near Jimmy Hoffa.....
#818 of 3038 '01 540 ia spt package by 540jml Feb 11, 2004 (10:19 am)
I leased an '01 blk/blk 540ia 2 1/2 yrs ago (sticker price-$58,500) and have been thrilled with the car. I have 35,100 miles and project 45,000 miles by lease end in 10/04- right on schedule for 15k/year. Yesterday- the dealer told me that I can buy an upgrade on the maintenance to 6/100 k for $1,200. I have to do this before 36 k miles.    I had been thinking about buying the car at lease end ($34,000), but it seems as if I have to decide now. The maint extension seems to be a good deal if I keep the car, but I then feel I lose the ability to negotiate a better price if they realize that I bought the extension.    What's been the experience with negotiating a better price at lease end; and what is the long term prognosis for repairs on an '01 540ia spt pkg. ?   It seems like it may be better just to lease another and have ALL costs covered for the period of the lease ( 3yrs/45k miles).
#819 of 3038 540jml..What he didn't tell you.. by kyfdx HOST Feb 11, 2004 (10:49 am)
You can buy an upgrade on the maintenance to just 4yr/50k for under $500, and put off a decision on the additional upgrade to 6yr/100k. That way, even if you decide to turn the car in, you won't be out the extra money. If you decide to buy the car, you can then add the additional maintenance coverage. I can't tell you the exact numbers, because they are different for an 8-cylinder. I am only familiar with the 6-cyl pricing.   regards, kyfdx
#820 of 3038 Pricing for a CPO 2003 525 by momsbmw Feb 12, 2004 (4:28 am)
I have decided to get rid of the minivan and have fun driving a BMW. I have been shopping around for a 2003 525i with Step and the Prem Pkg. In the NY Metro area, the best price that I have found is 36900. Based on the various car pricing websites, this price appears to be a fair price. Any suggestions about where to look for pricing or incentives for the 2003?
#821 of 3038 I have my first quotes on a 2004 530i by ndmd Feb 13, 2004 (11:44 am)
SP, PP, prem sound, Cold weather, xenon, auto, Nav, sat radio...   MSRP: 58,315 1st Quote: 57,000 Lease: 36 months, 15K/yr, $2490 out of pocket $852.64/month Residual: 62% Money Factor: .00225   Any thoughts? I also want to add the phone, but that will be a dealer install. In addition, I will want the windows tinted. I never thought that I would say that, but 8 months in Ft. Myers, FL, and I now believe it is a must. I hope to have them add the tint as a final deal maker.
#822 of 3038 ndmd: by warthog Feb 13, 2004 (12:56 pm)
Just curious: if you're in Ft. Myers, FL, I understand that window tinting. Why the cold weather package?
#823 of 3038 Warthog, great question... by ndmd Feb 13, 2004 (1:19 pm)
Mostly, my wife wants the heaed seats. It sounds crazy, but the occassional time it drops into the 30's at night, she uses the seats. I do like the headlight washers, too, though.

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