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BMW X5 Prices Paid and Buying Experience

1384 messages,  Last post on Dec 04, 2009 at 8:01 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW X5, SUV


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#195 of 1384
Re: BMW X5 3.0 lease deal in new jersey [mattlrulz] by kyfdx HOST
Mar 16, 2005 (4:25 pm)
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Replying to: mattlrulz (Mar 16, 2005 2:29 pm)

Assuming about $350 for registration fees, it does appear that you got $2500 off MSRP for the selling price, and that they used the base rates....
 
I usually advise against putting that much money upfront, but you did get a good deal.
 
regards,
kyfdx
#196 of 1384
Re: BMW X5 3.0 lease deal in new jersey [mattlrulz] by kyfdx HOST
Mar 16, 2005 (4:28 pm)
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Replying to: mattlrulz (Mar 16, 2005 2:29 pm)

With only $1700 due at signing, I see about $673/mo.. Which is the way I would go..
 
I'm assuming all payments include NJ 6% sales tax..
#197 of 1384
Any Canadian buying experience? by briancalgary
Mar 17, 2005 (7:08 am)
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Hi.
 
I'd like to start a dealing process here in Calgary, Alberta for an X5 3.0. It would be appreciated if you could get me some Canadian experience, such as dealer invoice and etc.
 
Thanks.
#198 of 1384
2002 BMW Used Finance rates? by kobayashi
Mar 17, 2005 (8:40 am)
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Anybody know the special BMW finance rates for a 2002 CPO X5 3.0 (purchase not lease)? Thanks.
#199 of 1384
Re: BMW X5 3.0 lease deal in new jersey [kyfdx] by mattlrulz
Mar 17, 2005 (8:56 am)
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Replying to: kyfdx (Mar 16, 2005 4:28 pm)

I didnt make the purchase yet. So you think i should tell them just costs for the down payment which equals 1700$ ? and get the monthly cost to 673$ ? Is it bad that they used base numbers?
 
Thank you very much for your help.
 
Matthew Linda
#200 of 1384
Re: BMW X5 3.0 lease deal in new jersey [mattlrulz] by kyfdx HOST
Mar 17, 2005 (9:10 am)
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Replying to: mattlrulz (Mar 17, 2005 8:56 am)

The base rates are very good.. also known as the "buy" rate, meaning that is the lowest they can charge... Many BMW dealers mark-up this rate.. they call that the "sell" rate..
 
I suggest paying as little upfront as possible.. If you put down a large amount, and then your vehicle was stolen or totaled, the lease would be paid off, but you most likely wouldn't get any of your downpayment back....
 
So, yes.. 1st payment, security deposit and title fees only upfront.. That should bring the payment to $673/mo (or within a couple of dollars of that).
 
regards,
kyfdx
#201 of 1384
Re: BMW X5 3.0 lease deal in new jersey [kyfdx] by mattlrulz
Mar 17, 2005 (1:00 pm)
Reply

Replying to: kyfdx (Mar 17, 2005 9:10 am)

OK i went into the dealership today. I got it down to $560 a month with $5000 down total out of pocket. Tomorrow im going into sign the contract and pick up the truck. What should i expect? Should i assume on getting floor mats, and a full tank of gas?
 
Any other hints anyone could give me ?
 
Thank you Kyfdx and whoever else has feedback.
#202 of 1384
Don't Assume Anything by kobayashi
Mar 17, 2005 (1:15 pm)
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Anything that you have not already discussed or have in writing will become tougher on car pick up day. I would clarify the mats and any other little issues BEFORE physically going to the dealer. Once you are at the dealership and looking at the shiny new truck, you will be more likely to accept minor changes or snags.
 
Know exactly how much down you need or assumed in writing that day and any last mimute charge BEFORE entering the F&A dungeon. If the numbers look different, call your sales guy over and remind him the numbers you were expecting. Once you are willing to let some new number creep in, you are opening up the shark tank.
 
The amount of gas is a courtesy and depends on the dealer (and I supect oil prices will mean less fill-ups).
 
Don't skip over an offer to have the sales guy run through the new car with you - he may find issues that you may not see until it's home, where you are more likely to let small stuff go.
 
Good luck, the X5 is a great SAV.
#203 of 1384
Re: X5 Fair Price - Best Bay Area Dealer by tlarson
Mar 17, 2005 (1:47 pm)
Reply

Replying to: mml_2004mdx (Dec 23, 2003 10:05 am)

What dealer were you referring to in the bay area? Thanks!
#204 of 1384
Re: BMW X5 3.0 lease deal in new jersey [mattlrulz] by hpowders
Mar 17, 2005 (3:14 pm)
Reply

Replying to: mattlrulz (Mar 17, 2005 1:00 pm)

I suggest you read or re-read KYFDX's second paragraph in post #200 above. Putting down $5000 up front on a lease can be a crucial mistake.

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