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BMW X5 Prices Paid and Buying Experience

1383 messages,  Last post on Nov 30, 2009 at 8:30 PM

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What is this discussion about? BMW X5, SUV


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#1165 of 1383
Re: BMW X5 Select Program [r2g2] by kyfdx HOST
Apr 24, 2009 (9:51 am)
Reply

Replying to: r2g2 (Apr 24, 2009 8:55 am)

Since it's pretty much the same as a loan, and you know the interest rate is low... the important part is the selling price and associated costs in relation to the MSRP.
 
So, what's the MSRP, and how much are you paying?
#1166 of 1383
Re: BMW X5 Select Program [r2g2] by trabd123
Apr 25, 2009 (2:35 pm)
Reply

Replying to: r2g2 (Apr 24, 2009 8:55 am)

R2g2, I think you have an excellent deal. What's the MSRP and selling price and what State are you in?
  
Here's what I received today from a Long Island/NY dealer on a Select purchase:
 
x5 3.0i
MSRP: $54,784
Selling price: $52,265
Premium/Climate/Heated Seats/Sat/ipod
$5,000 down
2.9% interest
$643 months for 60 months
22,300 balloon buyout
 
Thanks.
#1167 of 1383
Re: BMW X5 Select Program [trabd123] by r2g2
Apr 25, 2009 (4:53 pm)
Reply

Replying to: trabd123 (Apr 25, 2009 2:35 pm)

Hi trabd123 - Thanks for your reply... I am moving forward with the deal - I dont think your dealer in Long Island is offering you a good deal here. Here is what I was offered by a dealer in Myrtle Beach:
 
X5 3.0i
Prem/Tech/Rear Climate/3rd Row/Heated Seats/Sat/iPod
$673.75/month for 60 months
$0 down
Balloon: $19,794
Selling Price: $55,705
 
One additional detail i forgot to include on my x5 35d was the car was being driven by the GM of the dealership and has about 2k miles on it, but BMW is extending the warranty by 3 months / 5k miles - so it works out in my favor at the end of the day - which is why the price is also lower.
 
MSRP: $60,970
Selling: $54,945
 
Note that the diesel qualifies for a 36% residual with the select program AND you receive an $1800 tax credit... it actually isn't that much more expensive to go diesel. Highly recommended!
 
Best of luck!
 
(I did not buy the car from Myrtle Beach, but they have a really good guy there - Josh Bauer - I will be posting more details about my sales person and the dealership soon)
#1168 of 1383
Re: BMW X5 Select Program [r2g2] by trabd123
Apr 26, 2009 (5:03 pm)
Reply

Replying to: r2g2 (Apr 25, 2009 4:53 pm)

Thanks very your quick reply. Although your selling price doesn't add up to this fantastic payment and balloon payment, it sounds too good to be true.
 
I was quoted $52,265 as a selling price for less equipments, and with $5,000 down, I got $643 a monthly payment (including taxes) and 22,000 balloon payment.
 
I know that the interest rate is 2.99% but do you get the $1,800 tax credit.
 
I also noticed that you had a selling price for an x3.0 at the beginning and then you changed it to a 35d demo car, so which deal did you actually have?
 
Thanks again!!!
#1169 of 1383
Re: BMW X5 Select Program [trabd123] by r2g2
Apr 27, 2009 (9:20 am)
Reply

Replying to: trabd123 (Apr 26, 2009 5:03 pm)

You are absolutely right - I got my posts confused with conflicting information - there are so many numbers in front of me through research over the past week that i got completely confused. I apologize for any inconvenience to the readers here.
 
The quote I got on an X5 3.0i (gas / I6) from the BMW dealer in Myrtle Beach (Josh Bauer - really good guy, highly recommended) was the one I shared earlier:
 
x5 3.0i
Premium / Tech / Rear Climate / Running Boards / Heated Seats / 3rd Row / Sat / ipod
$0 out of pocket
2.9% interest rate
$678.84 / month for 60 months
$19896 balloon buyout
Selling price: 54380
 
No taxes in this payment since the vehicle is for South Carolina and we pay property taxes on vehicles every year.
 
Now, after I received this quote, I did some more research and found a demo 35d for an unbelievable price and that is the one I am going with. I am purchasing this from BMW of South Atlanta (Adrian Avila) from whom I bought my previous 328i - He is an awesome sales person and both deals were made over the phone - no bs, just straight talk and the best price.
 
There you have it, two references for two amazing sales people - best of luck in your BMW purchases!
#1170 of 1383
how much should i offer? by cp617
May 04, 2009 (4:19 am)
Reply
Hi,
 
I'm looking to buy a 2009 X5. Here are the options:
 
09 X5 3.0
Cold Weather Package
Technology Package
Ipod and USB Adapter
Premium Package
Rear Climate Package
Running Boards
3rd Row Seat
 
MSRP: $ 58,875
 
How much should I offer for this car? Does $ 54,700 seem fair? Looking to finance with a down payment of ~ $10,000.
 
Thanks
#1171 of 1383
Can I do better? by ssh11
May 13, 2009 (7:29 pm)
Reply
'09 X5 xdrive 30i
cold weather/premium/rear climate/technology/rear entertainment/running bds/ space saver spare/sat radio/ipod
 
$54k price (suggested price was $59k)
$5k down
2.9%/60 mos
$668/mo
$20k balloon payment
 
Thoughts? I have not negotiated yet- sales guy just came out with what he thought he could do... do you think there's any room for improvement? If so, what should I focus on improving: price or balloon??? Thanks!
#1172 of 1383
necessary warranty by ssh11
May 13, 2009 (7:47 pm)
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Hi,
I just wish this wasn't such a game and that I could learn my exact payment before actually signing on the dotted line.
a) approx. how much on average does a warranty affect the bottom line?
b) what kind of warranty would you recommend on an '09 X5? extended necessary?
c) anything else necessary in your opinion?
 
Thanks!!
#1173 of 1383
Re: Can I do better? [ssh11] by trabd123
May 17, 2009 (7:48 am)
Reply

Replying to: ssh11 (May 13, 2009 7:29 pm)

How much are you paying over or under invoice? Most of the dealers in my area charge $1000 over invoice. Some aggressive folks would charge $500 or invoice price but I also heard that they have very limited inventory.
 
I'm negotiating a deal to buy a 09 X5 3.0 with running bds, heated seats, ipod, BMW assist , space saver spare and the color I want (not black on black) for $48k. It's about $400 above invoice.
 
Also, I don't recommend the BMW select after I heard that I have to pay all taxes upfront (8.625% in NY) and I must purchase the car at the end of the term for 20k.
#1174 of 1383
Purchase a non CPO used BMW X5 from an non BMW dealer by trabd123
May 17, 2009 (7:53 am)
Reply
Dealer in NY is selling a '08 BMW X5 iDrive 0.48 with only 8k miles, premium package, heated front seats and BMW assist for $40k. It's as-is purchase and I still have 3 years BMW warrently.
 
Do you think it's a good buy or should I buy a CPO car and pay the extra 4k to 8k?

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