Last post on Dec 10, 2013 at 7:37 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, SUV
#2436 of 2564 Re: The tax is included or exclued when yours talking about the pirce? [maylh]
Feb 10, 2013 (10:56 pm)
It was $500 over invoice for everything, including options, plus tax. We ended up leasing instead of buying for tax reasons, but the price was still the same. On a lease, you just pay the tax monthly, instead of all up front, as when you buy.
As for our dealer info, it was BMW of Riverside in Southern California.
#2437 of 2564 Feedback on offer
Feb 27, 2013 (6:05 pm)
Hi. I am in Georgia and was offered 6% off of MSRP plus tax and fees for any BMW X5 I chose to order. Essentially, MSRP was $64,570 and they would sell it for $60,695. We tried to offer $59,000 plus tax and fees but they stood firm at the 6% off saying they would lose money if they sold it for any less. Is it worth pushing the issue or do you think this is the best we can do?
#2438 of 2564 Re: Feedback on offer [mrygal]
Feb 27, 2013 (7:09 pm)
$500 over invoice price is pretty typical. You get the invoice price here on Edmunds. Usually it comes out to about 10% off msrp.
#2439 of 2564 Re: Feedback on offer [mrygal]
Feb 28, 2013 (6:17 am)
BMW will openly tell you their mark up is 8%. You will see this on other sites such as bmwconfig.com and nada.com when you 'build it'. Dealers will give you 8% off everything inc options and than deduct any rebates/incentives. Even if you don't drive a BMW already, mention the word Audi and they will throw in their '$750 loyalty cash'! Good luck!
#2440 of 2564 Re: Feedback on offer [glevum]
Feb 28, 2013 (8:10 am)
Thanks for the feedback. I wasn't able to use some of the features to build the car on bmwconfig for some reason. I am still waiting for a response from other BMW dealers about their best price so I will keep you posted. So far, two have come back at 6% off being their bottom line so I will keep pushing.
#2441 of 2564 Re: Feedback on offer [glevum]
Feb 28, 2013 (6:23 pm)
One more thing, should I be looking at 8-10% off or $500 + invoice and then add MACO, destination & training or should that be included?
#2442 of 2564 Advice on Custom Order Process
Mar 02, 2013 (8:34 am)
Hi. Can you give me some insight on the process? My main question is regarding the contract or negotiated sales price? We have settled on a price and I am getting ready to submit my deposit for the order. Do I need to have a contract signed confirming the price before giving them my deposit? I just want to be reassured that things won't change once it arrive and I go to make final payment on it. I think everything will be fine but there's just the slightly paranoid side of me that wants to know if I need a signed contract confirming the price. I have the emails settling on price.
#2443 of 2564 Re: Advice on Custom Order Process [mrygal]
Mar 03, 2013 (1:15 am)
For us, they ordered the car exactly as we wanted it without any deposit or signed contract, just a handshake. I'm sure that's the exception and not the rule. I would probably be more comfortable signing a contract with everything spelled out, even if they required a deposit. When our car arrived, they called us and we came in to pick it up. We signed everything and drove it away without paying a cent!
Our deal was $200 over invoice and $1800 holiday cash from BMW, so it was like getting the car for $1600 under invoice. They just applied the $1800 as our downpayment. We leased the car, which had the convenience, technology, and luxury seating packages, as well as the upgraded stereo and a spare tire.
#2444 of 2564 Re: Feedback on offer [glevum]
Mar 06, 2013 (1:48 pm)
The $750 Loyalty cash cant just be "thrown in". It is a rebate and you have to provide proof that you currently own a BMW to qualify for it and finance the vehicle through BMWFS
#2445 of 2564 Over Invoice Pricing 2013 BMW X5
May 28, 2013 (11:49 am)
Hi, I am in Maryland and am negotiating the purchase of a 2013 BMW X5, premium with the Cold Weather and Convenience package. The MSRP is $61,370.00. Based on this forum, I have made a few offers, the closest I have come to even having the dealer begin negotiations is with the KBB fair purchase price of $57,534 plus tax. Yet this is $1,000 over invoice. Is the "West Coast" average of $500 over invoice different then the East Coast average, or is it just a matter of tenacity? Inventory is very high. Thanks!