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You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, SUV
#677 of 2444 Re: Offer Quote [ke323]
Jul 02, 2007 (12:22 pm)
The question is how much you paid over invoice. Lets see.
2007 BMW x5 3.0 invoice is 42230 msrp 45900
Premium package invoice is 3685 msrp 4050
Technology package invoice is 2360 msrp 2600
Running boards invoice price 275 msrp 300
Heated front seats invoice 455 msrp 500
Confort access is invoice 910 msrp 1000
Premium sound package invoive1640 msrp 1800
Ivoice total is 51555
MSRP total is 56150
Your paying ONLY 650 off MSRP. That is a joke price. Minimum dealers are noking of 1000 of MSRP. I would say around 53,000 is a good price. Try harder....
Jul 09, 2007 (3:10 pm)
what is the base mf for a 2007 X5 3.0si on a 24 month lease? I checked out the fest and it says .0023, a dealer that I'm working with says .0025
#680 of 2444 Re: kyfdx [nyccarguy]
by kyfdx HOST
Jul 09, 2007 (7:35 pm)
I use those same sources..
They have been known to make mistakes, though... How much do you trust your dealer?
Jul 09, 2007 (7:45 pm)
My parents leased 2 cars from them in '04. My Dad has an '04 X5 3.0iA that he leased for 39 months in February '04 and my Mom leased an '05 530iA in Late December '04 ($642 per month for 36 months/15K miles per year, it pays to buy during the week between Xmas & New Year's).
I did all the research & negotiating for them. Unfortunately the salesman we worked with is no longer with the dealership. The salesman we are now working with seems to be OK. He agreed to a $1000 over invoice deal without a problem.
I'm going to email some other dealers tonight just to keep him honest.
#683 of 2444 x5 at $1K over invoice & .0023 MF is best I can find
Jul 10, 2007 (9:33 am)
We've shopped the $1K over invoice and .0023 money factor to five dealers. One will match the price, but no one will match the low .0023 MF. (There's no current BMW F.S. loyalty discount on the MF for x5)
#684 of 2444 Re: x5 at $1K over invoice & .0023 MF is best I can find [gailbny]
by kyfdx HOST
Jul 10, 2007 (9:37 am)
The new X5 has only been out for about 8 months... Getting a true $1000 over invoice deal might be tough, as you are finding out...
Plus, $1000 isn't much profit on a $50K+ vehicle... For a 3-series, not so bad... I notice that dealers tend to want more of a spread on higher-priced models..
A .0002 bump isn't too bad, if you are getting $1000 over invoice.... though, I like to see all the profit in the price, and base rates on the financing.
Jul 10, 2007 (7:46 pm)
$1K over invoice with base .0023 money factor and $625 Acq Fee. MSRP on my Dad's new X5 3.0si with Premium Package, Sport Package, & Cold Weather Package is $55,225. We ended up paying $52,265 which is $1000 over invoice (Including destination, $180 Training & Service Fee, and $300 MACO.
Wide World of Cars in Spring Valley, NY.