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BMW X5 Prices Paid and Buying Experience

1358 messages, Last post on Nov 07, 2009 at 2:12 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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I think BMW is very inflexible when it comes to negotiating lease buy outs. My Dad had an '04 X5 3.0iA with close to 80,000 miles on it when the lease ended. He had bought the extended maintenance (which worked out in our favor because we got the Inspection II and a new set of brake pads from it). I was in the market for a car at the time and wanted to see what the buyout was. The car was in PERFECT shape and had extended maintenance until 100K miles. BMW would NOT negotiate the buyout. I guess they'd rather take a chance at an auction |
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Replying to: socal59 (Nov 26, 2008 4:43 pm) |
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Replying to: bmanpc (Nov 23, 2008 11:42 am) |
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For example, how to tell an X5 is 2009 or 2008 by the outside and inside? Or by VIN? Anybody knows? Thanks.
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Replying to: 6degrees (Dec 03, 2008 6:11 am) |
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The 10th digit of the VIN.. 8 = 2008 9 = 2009 regards, kyfdx |
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Replying to: kyfdx (Dec 03, 2008 8:27 am) Is there any way to tell by looking at X5, inside or outside? The front seat head-rest looks different. Is it just 3.0 vs 4.8? Or 2008 vs 2009? Appreciated.
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Replying to: 6degrees (Dec 03, 2008 8:33 am) I'm just not that familiar with the new X5 to know trim differences between years.. Possibly another member will chime in... regards, kyfdx |
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