Last post on Mar 06, 2013 at 2:48 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, SUV
#1945 of 2444 Pricing on 2011 X5 35d
Aug 09, 2011 (8:31 am)
Trying to figure out if this is a good price for a new 2011 X5 35d. Here are the details:
2011 X5 xDrive 35d
Titanium Silver Metallic
Black Nevada Leather
Dark Burl Wood Trim
Cold Weather Package
Premium Sound Package
Rear Climate Package
Sport Activity Package with 19" style 335 wheels and all-season tires
BMW All Weather Rubber Floor Mats
Destination & Handling
MSRP = $66,299. Dealer willing to sell for $57,800 plus TTL. Seems like a great price since they are just about done making the '11s and the '12s are going up in price. Any input?
#1946 of 2444 Re: Pricing on 2011 X5 35d [nedster1]
Aug 09, 2011 (8:58 am)
$8500 under MSRP is a good price. Congrats!
I have a 2010 X5d Ti silver and love it.
#1947 of 2444 BMW Eco Credit a Manufacture to Dealer or to Customer Incentive??
Aug 15, 2011 (5:43 am)
Looking at a new 2011 X5d that the dealer has come down to Edmunds True Market Value. We keep telling them they still need to take the Eco Credit $3500 + the BMW loyal customer $1000 off this price. TMV is $59,847. Our principle for the trade is $6160. So we see the price at $49,689. The dealer says Eco Credit is NOT a manufacturer to customer incentive but a manufacturer to dealer incentive and that is part of how Edmunds gets to their TMV of $59,847. They have countered w/ TMV minus BMW loyal customer minus trade equity. For a final price of $52,687. We have another dealer, over an hour more away, who says the Eco Credit comes off the TMV and is willing to order the car for $50,435. We would end up waiting 8 to 10 weeks for the new car and be over 2 hours from our house for servicing.
#1948 of 2444 Re: BMW Eco Credit a Manufacture to Dealer or to Customer Incentive?? [drive2alot]
Aug 15, 2011 (7:50 am)
Balony. Call BMW NA and have them fax you the eco credit policy for your pig dealer.
#1949 of 2444 Re: BMW Eco Credit a Manufacture to Dealer or to Customer Incentive?? [drive2alot]
Aug 15, 2011 (5:54 pm)
Thats bull. I just got quoted a price of 56,000 that includes the Eco Credit of$3500 and a $1000 for being a owner of another BMW. The dealer u are working with is taking u to town since he has come down to TMV. I had another dealer tell me the same thing in NJ and I walked away from him and went with the other dealer i used before. If u go to Truecar.com and build it there, that will give u an idea of what the car should be worth, including the incentives.
#1950 of 2444 Re: BMW Eco Credit a Manufacture to Dealer or to Customer Incentive?? [drive2alot]
Aug 16, 2011 (9:51 am)
I agree with the other responses....this dealer is looking to make a handsome profit off you. You can always buy from the dealer with the better price and then take your new car for service to the closest dealer...no need to take the car back to the dealer from which you purchased it.
#1951 of 2444 Re: BMW Eco Credit a Manufacture to Dealer or to Customer Incentive?? [nedster1]
Aug 16, 2011 (2:20 pm)
So I did call BMW USA who song and danced me before sending me to the BMW Financial department after stating they are unable to answer or provide the BMW Eco Credit details. I am now on hold w/ BMW financial who also seems totally confused and unable to give any details of the program.
BMW financial states they have no way to even look at the incentive programs. As each BMW dealership is independantly owned, it is completely up to them how they incorporate/use the Eco Credit Program or any other BMW incentive program.
#1952 of 2444 Re: BMW Eco Credit a Manufacture to Dealer or to Customer Incentive?? [drive2alot]
Aug 17, 2011 (7:32 am)
I am somewhat disappointed with my dealership but am moving forward w/ this purchase of a 2011 x5d. This is the 2nd x-5, the SECOND, x-5 I have bought from them in LESS THAN 2 YEARS and they treat me like this.
The attitude to me, maybe I live in a dream world, should be, Hey Glenn, look at this. We can save you even more money on your 2nd BMW because these credits are also available. Rather than me scraping and arguing for every dollar less. I guess its profit profit profit.
I mean I'm sure the business is down for all car sales. And I have no problem with them making a REASONABLE PROFIT. MY trade is a 2009 w/ 23k miles. I walked around the lot and saw OLDER used BMW x-5's w/ more miles and less options selling for $59K. They are giving me 37k after a huge struggle. My understanding is that dealerships profit is from more from the used car business. and life goes on.
Anyways, wife is happy and looking fwd to new car w/ new options and features. I'm looking fwd to the Premium Sound w/ amp and subs!! Life is too short to be pissed off!!!
#1953 of 2444 Re: Help with Price! About to pick up new Diesel this AM! [md_boy]
Aug 28, 2011 (6:25 am)
MSRP to Invoice is roughly 8%. Your eco credit should reduce your invoice by 3500. The difference between that and what you agreed to buy the car at (Selling price) should be ur dealers "profit". From what I see $1000 profit is the norm for this model. This is ofcourse before taxes
#1954 of 2444 Re: Help with Price! About to pick up new Diesel this AM! [md_boy]
Aug 28, 2011 (6:42 am)
Wanted to add a little more:
What your dealership told you the invoice price of the car is incorrect in their favour. Check edmunds and spec out the car with the options and invoice pricing and print it and give it to them! Here's what I see;
Invoice 58,816 (-8%)
Eco Credit -3,500
selling price 55,316 (this is the true cost)
Include 6% tax 58,634
Since I do not know what the dealer fees, and tag and title cost are in ur area I'm going to say all that is dealer profit. dealer fees are usually around 600~700 and tag and title should be just 30~50 max. What they are selling you the car is for 64,000. The difference (dealer profit+fees) is $5365! Do you still think its a good deal?