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Prices Paid: Buying & Leasing Experiences BMW X5 Prices Paid and Buying Experience
1370 messages, Last post on Nov 24, 2009 at 4:25 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: ohnims2 (Nov 20, 2008 5:51 pm) If it is the same dealer, may have to check on a couple others to know. We may wait until 2009 to see what happens as a result of the ecomony before we buy. Prices should only go down.
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Replying to: laaky (Nov 20, 2008 11:15 pm) 54,485 for mine, which means that the price they gave me was 2k over the invoice. And because the economy's bad, I have a fear that I might get ripped off, so I'm going to try Prestige like today or tomorrow, and I'll let you know what happens.
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Replying to: ohnims2 (Nov 21, 2008 6:03 am)
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Replying to: laaky (Nov 21, 2008 7:56 pm) Also, the guy who came out to talk to me I think was the manager, and I did have an impression that they were being dishonest with me, that's why I'm planning to talk to some other dealer. I mean, I'm going to be financing, and 1k wouldn't make a huge difference in monthly payments, but I do not want to buy a car with a feeling of getting ripped off especially around this time... And for the difference in invoice price, maybe there is an advertising fee in it? I really don't know..
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Replying to: ohnims2 (Nov 21, 2008 8:03 pm)
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Replying to: laaky (Nov 21, 2008 8:23 pm)
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Replying to: ohnims2 (Nov 21, 2008 8:33 pm)
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jayrider sent me here for assitance, specifically jvost... Please help me on a 2008 X5 3.0 lease in upstate NY. It is a holdover DEMO with 2,500 miles. MSRP $55,325, Selling price $49,700 Lease: 36 mo./12k miles Includes: Premium Pkg, Cold Weather Pkg, 3rd Row, Rear Climate, Rear DVD & Park Distance Residual is (56%)? & Money X = .00125 (3%) Monthly payment $699.66; included taxes and zero $ down payment Question 1: is this a good deal or could they come down? they wouldn't budge when I asked for accessories or lower payment. should i just take it at $699 or what is the REAL monthly # I can get this down to? dealer said "No X5 goes below $700 with zero down". Any truth to this? $2,405 due at signing (inception fees) $699.66 1st month $625 bank fee $225 office fee $155 plates $700 security deposit Question 2: can i negotiate any of the fees (bank & office)? Since the car is a demo I lose my BMW CCA loyalty rebate, and the dealer will still not budge. Dealer in NY said if I don't pull the trigger by Tuesday, he will not honor the offer and has other buyers wanting the car. Questiion 3: What can I get him to throw in or work with me on? Possible tire waranty since they are run flats? Please help me, I need to decide in next 48 hours.
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So my lease is ending on 12/4/08 and yesterday I went to a local BMW dealer in Orange County, where I purchased the car. I wanted to see if I could negotiate on the buy out of around $26K. After a bunch of runaround type answers, he told me that it would be the cost of the buyout plus $2500 to certify it (CPO) which make the price of the car around $28K with 48k miles. My question is has anyone had any luck lowering the residual/buyout price? Had I landed here from Mars yesterday, the way he was acting I would have though that there were 100 people in line waiting to but a used X5, meaning that cars would be just selling like crazy. I think that a selling strategy for them is to just not acknowledge that there is a recession and therefore not showing the customer that we have the upper hand in this market. I may try another dealer to see if I can get the price down, otherwise they'll get stuck with a car with almost 50K miles on it, that in the next year or two will depreciate like mad.
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Replying to: laaky (Nov 21, 2008 11:50 pm) Any news with yours? |
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