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
|
i want to order a new one right now....when do they stop building 2007? do dealers discount msrp on 2008 this early? I am in LA thanks Pico |
|
|
Replying to: njbillaupp (Aug 08, 2007 6:56 am) |
|
|
Car_man - this is for you or anyone else as knowledgeable... I've done the research and driven at the nearby Atlanta dealer in-town and got the $500 sticker offer from them. So I did more reasearch (including here) and went to the "Internet Sales" guy at the dealer 20 miles away asking for the best deal. It's much better than the nearby dealer but still off - so I'm looking for advice on what to counter offer. First, their offer: 2007 X5 4.81, Sports, Premium, Technology packages + 3rd row, Napa leather, Cirrus, and iPod MSRP: 67,320 Invoice (according to edmunds): 61,900 Dealer offer selling price: 64,585 Acquisition fee: 825 Money Factor: .00250 Montly Lease (without tax): 901.27 ( with 7% georgia tax = $964.26) "Doc Fee": 399 Based on what I've read here there are a few areas where I'm being "bumped" 1) Selling Price - I've heard $1,000 over invoice is a good deal - this is $2,600 over... 2) Base Money Factor Lease rate should be .00230 right? (equiv of $710 more off of sticker) 3) Acquisition fee should be $625, anything more is their profit. 4) "Doc fee" seems ridiculous. I've heard "a few hundred" is typical, but $400? So, is it reasonable to counter on all these points? Which onese are easiest for the dealer to give up on? Here's my ideal for the above vehicle - is this unreasonable, am I dreaming? MSRP: 67,320 Invoice: 61,900 1) Selling Price: $63,400 ($1,400 over invoice seems reasonable for the dealer right?) 2) Money Factor: .00230 (the base rate - no bump) 3) Acquisition fee: $625 (again the base - no bump) 4) "Doc Fee": $200 - seems like just profit but it's a compromise... This would translate to 890.36 monthly lease (before tax, 952.69 including 7% georgia tax) Any feedback? Thanks in advance.
|
|
|
You should definitely be able to get the base .0023 mf and $635 Acq Fee. The only thing on the invoice that isn't on the edmunds invoice is the $180 Training & Services Fee and the MACO (advertising fee) $300. That $400 doc fee is PURE PROFIT! Maybe if they won't budge, agree to pay the $825 ACQ fee if the'll take off the $400 doc fee (I think it is capped here in NY to $45) |
|
|
Replying to: jdk03 (Aug 09, 2007 6:48 pm) AND - since I'm close, I would consider picking up at the Plant in South Carolina - would this save me anything (like the destination fee?) |
|
|
Destination fee $775 Acq fee $875 Security Deposit $750 Is this true we have to pay all these Destination, Acq and deposit (refundable?) fee for leasing or some are just add up from Dealer? Thanks.
|
|
| The ACq fee should be $625. The other fees are kosher. | |
|
My X5 4.8 is 2 plus weeks new. I tried everybody around to get a strong deal. Fact is there were not a lot of 4.8's around. There seems to be a few more around now so perhaps the deals are getting better. I am also in Atlanta. This was my deal almost 3 weeks ago. X5 4.8 Sport pkg with 19' wheels Premium pkg Premium sound Rear climate pkg Comfort(multi contour) seats Comfort access Running boards 3rd row seat Heated front seats Park distance control Ipod USB adaptor Navigation Satellite radio and Dealer added BMW towing hook/pkg MSRP before tow hook is $71,820 36 month, 12/k year, .00230, 60% residual In addition, there was an $825 aquisition fee from BMW FS, and a $499 doc fee. Deal was a little complicated because I rolled $2K in mileage overages, and drive off into the cap. Car was roughly $2500 off MSRP. Monthly payment (only 35) is $1134 plus tax. Having moved from California a couple of years back, I found the doc fee very high but it seems the norm around here. You probably could save $200 on the aquisition fee, and the MF should be .00230 if your credit justifies it. I don't think that you can come anywhere close to negotiating $1K over invoice. If you were talking about the 3.0 X5 then I would say that's easy. The 4.8's are much tighter. Picking up the car in SC will not save you a penny, although I'm told that they will give you a tour and some driving instruction/courses over there. I am very happy with the dealer from whom I leased my car. I would be happy to give you his contact info. They are 100 miles outside Atlanta, and I'm told that they pick up and service vehicles in Atlanta for their customers. |
|
|
Replying to: kabbalah (Aug 13, 2007 10:05 am) I ended up getting $3,200 off of sticker (MSRP 67,320 selling price: 64,120) BUT Paid 825 Acq. fee, $499 doc fee, and .00240 MF (.00230 is buy rate, adding that extra .0001 was the equivalent of about $500 in selling price which means it was like only getting $2,700 off of MSRP) Looks like we got about the same deal...
|
|
|
Replying to: jdk03 (Aug 13, 2007 12:13 pm) Thanks, Dan |
|
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
