Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences BMW X5 Prices Paid and Buying Experience
1385 messages, Last post on Dec 05, 2009 at 3:07 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Hi kyfdx, Here's what I'm looking at: $67,680 MSRP $64,000 purchase price $4000 out of pocket (cap cost reduction + 1st pmt and other fees) .00115 money factor $41,962 residual (62%) $693 monthly payment for 39 months at 10K miles (includes CA sales tax) I told the salesguy I wanted the standard 4.4i money factor of .00075 but when he called me back after checking he said that this was the best deal they could do. I think it's a good deal on a nice X5, but still believe I could do better on the MF. Thoughts? And what difference in the payment would .00075 make vs. .00115? Thanks, Mark
|
|
|
Hi kyfdx and many others, Many of your post are advising how to get a good deal from lease, but I am planning to buy a X5 and to be paid in full, would like to have some knowlegde and advices on cash buy and how to negociate with the dealer before I head south. How much above the invoice price should I pay (or below the MRSP) would consider a good deal? Is there any other things to aware when buying with cash? I want to purchase this car in Seattle Area, or Oregon, or California where ever is cheaper, 2005 X5 4.4i / Premium PKG/ Sport PKG / Rear Door Mounted Airbags (possibly Rear Climate PKG / Adjustble Ride Height /Premium Audio) Should I ask for some freebies upgrades or a big discount in the end? Any advice will be very helpful to me and very much appricated, thank you, Tags
|
|
|
Replying to: kyfdx (Aug 24, 2005 6:01 pm) I was supposed to get back to the dealer Friday but had a surprise hurricane hit our local area. Will post to the board if and when deal happens. The toughest part of shopping is assessing the dealer honesty, your input helps with that part of it. Too bad there is no hassle free way. appreciative, Dreaming of a real deal. |
|
|
Replying to: mkersey (Aug 27, 2005 8:31 pm) Nice discount off of MSRP, though... But, you'd be better off if they raised the selling price by $1000 and used the base rates... The dealer doesn't get all of the money that goes to the finance company for the bumped-up rates... You might sit down with the finance guy.. tell him you are semi-satisfied, but ask him to figure what selling price would net him the same profit, assuming he uses the base rates... The two of you might be able to figure out a way for them to make the same amount of money, but get you a lower payment... regards, kyfdx |
|
|
Replying to: tags (Aug 27, 2005 11:20 pm) As far as freebies.. they are useless, unless you really want them.. If there is any accessory that you really want, let them know upfront, and make sure it is included in any price negotiation... Then, go for the biggest discount possible. Know the invoice price, but never mention it... Don't let your negotiations focus on dealer cost... The dealer knows his true cost, and you don't.... discussing it just allows him to take the focus away from your ultimate goal.. to pay the least amount possible for the vehicle you want. regards, kyfdx
|
|
|
Replying to: kyfdx (Aug 28, 2005 7:22 am) |
|
|
|
Looks like BMW has added a significant amount of "marketing support" to the X5 3.0 and 4.4. I'm assuming this also is taking a bite out of their residual values for the month. Kyfdx, have you seen the September lease programs, and do you have residuals and money factors for 24 and 30 months, 15K miles/year?
|
|
|
Replying to: peachtree103 (Sep 04, 2005 9:40 am) |
|
|
Replying to: mkersey (Aug 27, 2005 8:31 pm) I got a fair deal on August 12 2005, for X5 4.4 lease for 39 month at 15000 miles/year, .20 after. $700 a month. with zero down. no up front fee, only the first month and the security fee of $675.00 which you can get it back at the end of lease. Here's what's on the paper, 4.4 v8, GPS Navigation, Cold weather package, 6-CD changer, Heated steering wheel, sun roof, its like everything except the sport package. That was in August, I went to 2 BMW Dealers in NY, one call Bayside BMW in Bayside, and the other one is Life Quality BMW in Brooklyn. I paid for deposit, and my applications went thru for an approval. but both of dealers wouldnt give me the car. They said all the X5 in the usa are sold out. Can you believe that, then I found out, starts September 1, the rate from BMW went up a lot. that's why they are holding the cars. so, I filed 2 complaints to consumer affair againt those 2. and, 2 days ago, I called the BMW of North America, they said the new program just started, that's why the rate is so high. The man told me to wait till the end of october, then the price will drop down to regular. Yesterday, Someone emailed me an internal memo regarding BMW's changing rates for September and November. I deleted my email already, otherwise I would email it to you. remember, out of packet is $1475.00 when pick up a car. nothing down. So, that's my story Dr. William
|
|
|
According to this web site - for the month of September BMW is offering a $5,000 cash to dealer incentive. Will be curious to see the leasing programs for September and do some number crunching. How much under invoice should we be paying now?
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences BMW X5 Prices Paid and Buying Experience
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 BMW X5
Browse by Board
Browse by Topic
Today's Chats
