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BMW X5 Prices Paid and Buying Experience

898 messages,  Last post on Jul 04, 2008 at 11:55 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW X5, SUV


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#709 of 898
Re: Is this a good deal? [cspillman] by donkey1217
Aug 02, 2007 (4:46 am)
Reply

Replying to: cspillman (Aug 01, 2007 9:27 pm)

You can do better.
I am picking up my new X5 4.8 tommorow in Boston.
I got x5 4.8
Premium
Tech
Heated Seats
Napa leather
Comfort Seats
MSRP 63225
 
I am paying 903 inlcuding 5% MA tax a month. I put down only the 1st month, the bank fee (which from BMW is 625, they are marking yours up) the BS documenation fee and the DMW fees. It was 1947 dollars out of pocket. (security waived as I am returning customer- although new to this dealer).
THE MF is .0023, so they are also marking that up as well.
#710 of 898
Re: "gailbny" HELP!! [1v1] by xwoogiex
Aug 02, 2007 (5:14 pm)
Reply

Replying to: 1v1 (Aug 01, 2007 9:21 am)

1v1,
I think you are paying high. What is your money factor? I think your MF is high.
Be careful, sometimes they give you discount over MSRP but increase MF.
I was offered $1200 over invoice. $1342 as down payment & $873 a month on X5 3.0 Invoice price: 51k.
It was at BMW of San francisco.
I'm looking for $1000 over invoice & MF of 2.3. I can go to ANY BMW in CA if I am given this.
#711 of 898
Re: "gailbny" HELP!! [xwoogiex] by 1v1
Aug 02, 2007 (5:31 pm)
Reply

Replying to: xwoogiex (Aug 02, 2007 5:14 pm)

xwoogiex,
 
My MF is .0023 the base money factor as mentioned by leasecompare in the following thread: http://www.bimmerfest.com/forums/forumdisplay.php?f=20
 
Do you still think I am paying high?
#712 of 898
Re: Is this a good deal? [donkey1217] by x5man02111
Aug 02, 2007 (6:51 pm)
Reply

Replying to: donkey1217 (Aug 02, 2007 4:46 am)

Hey Donkey1217,
 
Just wondering what dealership in boston was offereing 625 for the bank fee? I was told 825 was the best anyone could do.
#713 of 898
Re: Is this a good deal? [x5man02111] by kyfdx HOST
Aug 02, 2007 (8:19 pm)
Reply

Replying to: x5man02111 (Aug 02, 2007 6:51 pm)

$625 is the base acquisition fee that BMWFS requires. They allow the dealer to mark it up to $825 for extra profit.
#714 of 898
Re: "gailbny" HELP!! [1v1] by xwoogiex
Aug 03, 2007 (5:07 pm)
Reply

Replying to: 1v1 (Aug 02, 2007 5:31 pm)

1v1,
If your MF was 2.3 then probably you had lots of options on your X5?
What options did you have & What was your total invoice price (including Options)?
 
Also, did your down payment included any security deposit? What was included in down payment?
 
Thankss
#715 of 898
Re: "gailbny" HELP!! [xwoogiex] by 1v1
Aug 04, 2007 (9:37 am)
Reply

Replying to: xwoogiex (Aug 03, 2007 5:07 pm)

xwoogiex,
 
Thats right. I had quite a few options.
 
Premium pkg
rear climate pkg
technology pkg
heated front seats
heated rear seats
running boards
comfort access
headup display
 
My invoice price is $53220. I paid $1300 over that so my sale price is $54,520.
 
In my drive off fees, I am paying the first month payment, security deposit, registration, etc.
#716 of 898
Re: Is this a good deal? [x5man02111] by donkey1217
Aug 06, 2007 (5:55 am)
Reply

Replying to: x5man02111 (Aug 02, 2007 6:51 pm)

I was told that too, until I walked in and said here is what I am willing to pay, I will sign papers right now.I just moved to boston, and have an established relationship with a dealer in NY, so I said I knew that guys doesn't play the games that are all so common in boston.
#717 of 898
Re: "gailbny" HELP!! [1v1] by xwoogiex
Aug 07, 2007 (7:48 pm)
Reply

Replying to: 1v1 (Aug 04, 2007 9:37 am)

1v1,
I called your dealership. They say they can place a new order for me. they are offering $2000 over invoice. But I'm sure they'll come down. Do u know any good salesman to work with there?
#718 of 898
Re: "gailbny" HELP!! [xwoogiex] by 1v1
Aug 07, 2007 (9:11 pm)
Reply

Replying to: xwoogiex (Aug 07, 2007 7:48 pm)

xwoogiex,
 
Don't talk to the regular sales guys. Talk to someone in their internet department - Mark or Steve. They'd give you the best deals.
 
Not sure why they can't offer anything lower than $2K...what is your invoice price including options?
 
The other dealer who came very close was New Century BMW. Talk to someone in their internet dept as well.
 
Hopefully you can find a good deal. Good Luck.

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