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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

What is this discussion about? BMW X5, SUV


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#730 of 1385
Re: What fee we need to pay for leasing? [us_matrix] by spicoli2
Aug 20, 2007 (10:00 am)
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Replying to: us_matrix (Aug 10, 2007 1:07 pm)

BMW will waive the security deposit if you are a current BMW FS customer.
#731 of 1385
Security Deposit Waived by spicoli2
Aug 20, 2007 (10:01 am)
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#732 of 1385
ideal price for 2007 3.0? by myspyder2
Aug 20, 2007 (4:49 pm)
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i'm looking for a 2007 X5 3.0 with the following options:
 
- 3rd row seats
- premium package
- navigation
- dvd
 
edmunds.com shows
msrp $56,125
invoice $51,605
average prices paid: $54,465
 
what is a good, reasonable price to expect from the dealers?
 
thanks!!
#733 of 1385
Re: Re; Counter offer [spicoli2] by nyccarguy
Aug 20, 2007 (4:53 pm)
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Replying to: spicoli2 (Aug 20, 2007 9:58 am)

I'm not sure where you are that you don't see new X5s around. I live in NY and see them all over the place. We were able to get a good deal from the dealer ($1K over invoice, base mf...), but if the trucks are selling well, them why should BMW subsidize the leases? I have a friend who ordered an X5 last week (Fully loaded 4.8i) and the dealership (Westchester BMW, a BMWNA owned store) told him it wouldn't be in until December.
#734 of 1385
Re: Re; Counter offer [spicoli2] by x5man02111
Aug 20, 2007 (7:27 pm)
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Replying to: spicoli2 (Aug 20, 2007 9:58 am)

supposedly, every dealership I went to in the boston area told me that the x5's are selling extremely well and they cannot make enough of them. Usually u can only find one x5 on the lot and thats for demo only.
#735 of 1385
Re: Re; Counter offer [spicoli2] by achonko
Aug 21, 2007 (12:35 pm)
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Replying to: spicoli2 (Aug 20, 2007 9:58 am)

It also seems that BMW X5 is losing sales to the ML from Mercedes and the MDX from Acura.
The sales picture within the US over the last two months have shown a declining X5 sales, whilst the ML and the MDX continued to show improved sales figures.
So I won't be surprised to see a very competitive sales effort from BMW.
I also think part of the reason could be price differences amongst other things
#736 of 1385
Re: Re; Counter offer [achonko] by chaddy75
Aug 21, 2007 (5:06 pm)
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Replying to: achonko (Aug 21, 2007 12:35 pm)

Yes I agree. The 2008 Mercedes ML's are out and they drive pretty sweet not to mention prices/leases are much more attractive than X5's. The are clearly doing a good job pushing these sales. Although I am accumstomed to having BMW's for 10 years now, I must say I was impressed with the ML's performance as well as exterior style. Also, their standard seats in front and back rows were very comfy.
#737 of 1385
We took Delivery tonight by nyccarguy
Aug 21, 2007 (6:31 pm)
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2 weeks after my wife took delivery of her '07 X5 3.0si, my Dad got his '07 X5 3.0si (turning in his '04 X5 3.0iA)! Saphire Black Metallic/Black Leather with Sport Package, Premium Package, & Cold Weather Package.
 
He does a lot of driving. He took out a 30 month/50,000 mile lease (20K miles per year). With the base lease rate of .0023 and a $1000 over invoice price, his payment is about $930 per month. We got the base Acq. fee of $625 and didn't have to leave a security deposit because he's a returning BMWFS customer.
 
Wide World of Cars in Spring Valley, NY gave us the great price and were really wonderful to work with. Our salesman happened to be a car nut and was very knowledgeable about the product.
#738 of 1385
Re: Re; Counter offer [chaddy75] by nyccarguy
Aug 21, 2007 (6:35 pm)
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Replying to: chaddy75 (Aug 21, 2007 5:06 pm)

My Dad looked at the ML before he drove the X5. MB is definitely subsidizing their leases with their "Summer of Love" sales event. The ML would have been cheaper to lease than the X5. We were blown away by how well the X5 drove. We drove it back to back with the ML350. We thought the X5 was tighter, faster, abd had much nicer fit and finish compared to the ML. The X5's interior materials seemed much higher quality. The ML was much roomier on the inside.
#739 of 1385
Re: Re; Counter offer [chaddy75] by achonko
Aug 21, 2007 (7:41 pm)
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Replying to: chaddy75 (Aug 21, 2007 5:06 pm)

Another reason why the X5 might be losing sales to both the ML and MDX, at least for the 3.0i which is the biggest sales contributor is that it is weaker than the ML and MDX in terms of engine.X5 3.0<ML350<MDX In terms of options, both the MDX and the ML has more standard options than the X5, and yet they cost less than the X5. I think BMW needs to talk to do the following: 1. Talk to their arrogant dealers to sit up. 2. Fix the pricing or at least do something in the engine department.

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