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BMW X5 Prices Paid and Buying Experience

1385 messages,  Last post on Dec 05, 2009 at 3:07 PM

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#1153 of 1385 Deal on 2009 X5 3.0 loaner by chrisutley Apr 13, 2009 (8:16 am)
I'm looking to make a deal on a 2009 X5 3.0 (9,000 miles on it) with an MSRP of $56,370 (Inovice $51,845). I'm thinking a fair purchase price would be around $45,000 ... any thoughts?
#1154 of 1385 Follow-up on loaner... by chrisutley Apr 13, 2009 (10:21 am)
#1155 of 1385 Follow-up on loaner... by chrisutley Apr 13, 2009 (10:22 am)
I just wanted to be clear, the following is a loaner, not a used car. It is not certified, but would be sold with original BMW factory warranty ... so that's how this 2009 got 9,000 miles on it.   I'm looking to make a deal on a 2009 X5 3.0 (9,000 miles on it) with an MSRP of $56,370 (Inovice $51,845). I'm thinking a fair purchase price would be around $45,000 ... any thoughts? Replies to this message: jingac1688 (Apr 13, 2009 10:40 pm) chrisutley (Apr 14, 2009 6:17 am) bayareaboy (Apr 15, 2009 2:09 pm)
#1156 of 1385 Re: Is this a good deal? [bayareaboy] by jingac1688 Apr 13, 2009 (10:37 pm)
Replying to: bayareaboy (Apr 07, 2009 12:48 pm) Thanks for the info. $2000 below invoice seems way too good. I went to 4 dealerships around my area and the best I got was about $6000 off MSRP which comparing to Edmunds invoice price is $115 over invoice. So I think it was a pretty good deal. Seems like alot of the BMW dealers think they are recession proof and don't like to negotiate. I found 2 out of the 4 to be pretty good at discounts and are not as stuck up. I went to checkout a 2009 Porsche Cayenne GTS at a sticker price os $86,000 and they were offering it to me for $15,000 off sticker. I almost took it but really like BMWs more. Replies to this message: bayareaboy (Apr 15, 2009 2:18 pm)
#1157 of 1385 Re: Follow-up on loaner... [chrisutley] by jingac1688 Apr 13, 2009 (10:40 pm)
Replying to: chrisutley (Apr 13, 2009 10:22 am) I think if you can spend extra $5,000, I think you can get brand new one for $50k. Better than with 9,000 miles. That's too high of mileage. I just bought a 2009 X5 4.8 very loaded sticker at $74 and I got it for $67 something. They were offering me a demo with only 450 miles at over 7k off sticker. So I think you can do better than that. Replies to this message: chrisutley (Apr 14, 2009 6:17 am) bayareaboy (Apr 15, 2009 2:09 pm)
#1158 of 1385 Re: Follow-up on loaner... [jingac1688] by chrisutley Apr 14, 2009 (6:17 am)
Replying to: jingac1688 (Apr 13, 2009 10:40 pm) Thanks for the info. I'm thinking if the vehicle depreciates roughly 20% each of the first two years, then 10K off MSRP should be fairly close to an equitable deal.   The 9K miles really doesn't bother me, the vehicle looks and drives great. I just need to know how to formulate a fair offer, or confirm that what I've come up with is already fair.
#1159 of 1385 Final Offer from Dealer on Loaner, Good Deal? by chrisutley Apr 14, 2009 (9:34 am)
Dealer got back to me on the loaner I'm trying to buy. This is a loaner X5 3.0 with 9,000-miles on it. The MSRP is 56,575 ... they are telling me not to waste their time, their bottom line figure is a purchase price of 49,500 (7,075 off MSRP). That seems like a lousy deal. They are telling me I should be happy to get the 2.9% APR, and that it's a great deal.   The vehicle is 100% the way I want it. It's in excellent shape, drives great. Is this close to a great deal? Should I jump on it, or walk?
#1160 of 1385 Re: Follow-up on loaner... [jingac1688] by bayareaboy Apr 15, 2009 (2:09 pm)
Replying to: jingac1688 (Apr 13, 2009 10:40 pm) Did you try Fremont dealer? Talk with them.
#1161 of 1385 Re: Is this a good deal? [jingac1688] by bayareaboy Apr 15, 2009 (2:18 pm)
Replying to: jingac1688 (Apr 13, 2009 10:37 pm) Did you try Fremont dealer? Talk with them.
#1162 of 1385 Finance rates by grios1 Apr 16, 2009 (3:01 pm)
Hello, Can anyone advise on the finance rates for a 2008 X5 CPO assuming a well qualified buyer? Thanks

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