Last post on Dec 04, 2013 at 8:03 PM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, SUV
#808 of 2553 Re: Purchased X5 [vchugo007]
Jan 27, 2008 (12:05 pm)
As I noted in my previous post (chrisjur, "BMW X5 Prices Paid and Buying Experience" #779, 23 Dec 2007 8:39 am), I recently spec'd out a 2008 X5 3.0si with an MSRP of $59,020 and paid $56,725. That is $2600 over invoice and $2295 below MSRP. I negotiated hard with 3 dealers and one came in just a tad bit lower ($2400 off of MSRP), but that wasn't enough to make me jump from my existing dealer, who I've had great experiences with over the years.
This was in Central/North New Jersey.
Actually just submitted the order to the factory a few nights ago. Can't wait to take delivery!
#809 of 2553 Re: Purchased X5 [chrisjur]
Jan 27, 2008 (8:28 pm)
$2600 over Invoice is OK. If a car was on the lot you could have done better, but I guess you were particular about options.
Just curious: When you say you paid a tad more to buy from a dealer who you had a great experience before: What kind of dealership is this if they charge you more and you are still happy because of perceived good experience. I ask because I bought a X5 last month and met many lousy dealers (including the one I bought). BMW dealers have respect only for buyers who 'lease' cars as they can make a ton of money every x years from them. One dealer (about 40 miles from where I live) even suggested that I should go to my nearest dealer for servicing! So much so for customer service
#810 of 2553 Re: Purchased X5 [worldnet5]
Jan 28, 2008 (7:27 am)
Yes, I was picky about my options. I've "settled" with the last 3 cars that I bought since they were off the lot. Time time, I wanted to treat myself.
The difference in price I was talking about from the other dealer was about $325 less, so we're not talking about a significant amount. I've known a few people who have had bad experiences at that dealer, however, so I wasn't going to take the chance. My current dealer's service department has been excellent and I really had no complaints in the last 3 years.
This IS a lease, however, so maybe what you are saying about leasers vs. financers at some dealers is true. I haven't bought a car outright in 8 years, so I can't comment, though.
#811 of 2553 New X5 3.0
Feb 01, 2008 (8:24 am)
Just got a X5 3.0. Since it's last day of Jan, dealer was eager to make a deal. Here is the spec.
2008 X5 3.0 Monaco Blue
Front heated seat
Rear tailgate door
I paid: $48425
Dest charge is already included. So it's $3300 under MSRP. I'm pretty happy with the deal.
#812 of 2553 Re: New X5 3.0 [dennisf]
Feb 01, 2008 (8:44 am)
dennisf....Congrats....is this lease ???....If so can you tell us what Money factor and residual value you got....and also which city...
#813 of 2553 Re: New X5 3.0 [houston777]
Feb 02, 2008 (11:52 pm)
No, it's not a lease. And it's in San Diego.
#814 of 2553 Re: New X5 3.0 [dennisf]
Feb 04, 2008 (4:30 pm)
I am looking at a new 2007 X5 4.8. The msrp is 67,820. What would be a fair discount for a new 07 model? This is in DFW if that helps.
#815 of 2553 Re: New X5 3.0 [aggietke00]
Feb 05, 2008 (7:24 am)
I believe there is $3K cash back on 2007 models
#816 of 2553 X5 4.8 MSRP $73,320, good deal?
Feb 07, 2008 (5:01 pm)
Here are the numbers:
Sale price (Cap Cost): $68,006.33
Car will be built in two weeks and be here in mid March (I custom ordered it)
36months/15k per year: $1101 + tax per month
total out of pocket fees: $2000 (see below for breakdown)
Security fee is waived since I am a current BMW financial customer
I insisted on doing the deal at $500 over invoice, but I have noticed some miscellaneous fees which make up the $2000. These are title fees $201, processing fee $295, Acq Fee $685, MACO fee $200, Training fee $180, and $439 is put towards down payment.
Do you guys think this is a good deal?
#817 of 2553 Re: BMW pricing [kno]
Feb 10, 2008 (11:07 am)
What dealership did you get the deal from? They are giving me $2000 drive off with $760 a month includes 8.25 percent tax with 12k miles, on MSRP: $52,025.