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BMW X5 Prices Paid and Buying Experience

2444 messages,  Last post on Mar 06, 2013 at 2:48 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? BMW X5, SUV

Messages Page 53 of 245

#520 of 2444 Is this a good deal for a CPO in IL? by h2fan

Feb 05, 2006 (10:20 pm)

Hi,
 
I am looking at buying a CPO and saw this vehicle at a dealer:
 
2004 X5 3.0i SAV - Price: $39,000
 
Mileage: 17,490
Titanium Silver Metallic
Automatic
 
Premium Package
Cold Weather Package
Rear Climate Package
Xenon Headlights
 
I am completely new to BMW and CPO. Anything in particular I should look for? How do I negotiate on the CPO price? What would be a fare price for me to pay?
 
TIA

#521 of 2444 2003 X5 3.Oi CPO Pricing by ili

Mar 05, 2006 (8:35 am)

Hello,
I am purchasing the above for $32,500 w 29300 miles. Is this a good price?
Options: Leather, moonroof, xenon lights, 2 zone climate & wood trim. The "sticker" price was $36,000.
Thanks so much for all your educated info Edmunds.com

#522 of 2444 Re: X5 3.0 Lease [cmcfarling] by spindoc932

Mar 07, 2006 (5:42 pm)

Replying to: cmcfarling (Dec 23, 2005 8:47 am)
cmc farling...i am looking into pretty much the same options on that truck...can u tell me if taxes, title, etc were included in your payment?? thanks

#523 of 2444 X5 3.0 Lease Buyout Question by mc24713

Mar 09, 2006 (9:38 pm)

i'm looking to buyout my leased 2003 X5 3.0. my dealer is going make it certified pre-owned, package it with a 6 yr/100,000 mile warranty and sell me the car at $3000 over the residual value (for a total cost of $31,600) - is he charging me too much? do i have room to negotiate further on the price? if i buyout the lease at the residual value i won't have a warranty. the car has ~31,500 miles, NAV, premium package, cold weather package, automatic.

#524 of 2444 Re: X5 3.0 Lease Buyout Question [mc24713] by kyfdx HOST

Mar 10, 2006 (4:51 am)

Replying to: mc24713 (Mar 09, 2006 9:38 pm)
If your X5 only has 31,500 miles in three years, then you will still be in warranty for the next year, even if your dealer doesn't CPO it.
 
So, you are only really gaining about 2 yrs and 21K miles of warranty..
 
Also, be aware that unless you pay for an extension, the "free maintenance" plan will expire at 4yr/50K. That doesn't come with the CPO warranty.
 
Also.. the dealer may not be paying the same amount for your car as you would... He may be getting more than $3000 out of the deal.
 
Is it a good deal? Hard to say...
 
regards,
kyfdx
Host-Prices Paid Forums

#525 of 2444 Re: X5 3.0 Lease Buyout Question [kyfdx] by bdr127

Mar 10, 2006 (10:22 am)

Replying to: kyfdx (Mar 10, 2006 4:51 am)
Also.. the dealer may not be paying the same amount for your car as you would... He may be getting more than $3000 out of the deal.
 
To build on what kyfdx said about what the dealer is paying for the car.... The residual lease-end value that you are quoted from BMWFS (pre-determined at beginning of the lease) is probably not the same as what they will buy the car for from BMWFS.
 
Since you are way under your miles, BMWFS will take this into account and it'll actually cost the dealer more to get a car with low miles. BMWFS uses average Manheim values to determine what the dealer can buy the car for. They adjust for miles, so they'll pay more for a low-mileage car and less for high-miles.
 
The one thing BMWFS does not adjust for is options.... So whether your car is a base car with manual transmission, leatherette or if it's loaded with sport pkg, navigation, it won't make a difference in the price the dealer buys it for from BMWFS.

#526 of 2444 Re: X5 3.0 Lease Buyout Question [bdr127] by mc24713

Mar 10, 2006 (3:17 pm)

Replying to: bdr127 (Mar 10, 2006 10:22 am)
thanks so much for the replies. i'm now comparing coverage from warrantydirect.com vs purchasing the CPO/warranty from bmw. it's about the same cost (~$3k) but provides 2 more years of coverage than bmw (coverage thru 2011 vs 2009) and covers wear & tear. is the CPO process worth going thru bmw? i've read good things about warrantydirect.com - anything to the contrary? the deciding factor may be that bmw is going to fix the 'excess wear and tear' on the body that they found during inspection (~$1500) which is included in the $3k.

#527 of 2444 X5 3.0 What I Paid by bodacious1

Mar 12, 2006 (7:20 pm)

2006 X5 with premium package,rear climate,auto tran.,self dimming mirrors, xenon headlights,dest. frt included. MSRP $49,620 paid $47,061. I would recommend the xenon as a very nice option.

#528 of 2444 X5 Purchase in Texas by pvbmw

Apr 01, 2006 (6:24 am)

Replying to: x5fan (Feb 27, 2004 5:53 pm)
All- My experience of shopping for the X5- was great...the sales person at MORTIZ- Airlington claims that all customers who post on edmunds tell lies abou there purchase and cost details- and for that he didn't get my deal....... he wanted 2K over invoice and his invoice has even $400 dealer tax. a X5 3.0i with premium package ....and all other packages -- the invoice comes to 45,450 and this great sales person TT's invoice is 46,460 + 2000.00 over his invoice...and says he he is not making anything ...right I am deaf....will post once I get a final price from other dealer I am working now....and experience of X5 purchase will help me...Thanks

#529 of 2444 Re: X5 Purchase in Texas [pvbmw] by bdr127

Apr 01, 2006 (10:42 am)

Replying to: pvbmw (Apr 01, 2006 6:24 am)
the sales person at MORTIZ- Airlington claims that all customers who post on edmunds tell lies abou there purchase and cost details- and for that he didn't get my deal.......
 
He does have a point, but it doesn't sound like he expressed it very well. There are definitely a lot of people on here that brag about a particular deal they got that you know are embellishing the details. Most of the regulars on these boards established that a long time ago.... Regardless, that salesperson could have said it a little more tactfully.

Messages Page 53 of 245

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