Last post on Jun 13, 2013 at 8:23 AM
You are in the Prices Paid - Buying & Leasing Experiences
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BMW X5, SUV
#960 of 2455 2008 BMW X5 3.0
Aug 27, 2008 (7:42 pm)
First of all thanks to this forum. Been reading for a while and got a lot of idea regarding negotiating Invoice Pricing plus Premium package discount.
I just got a deal today. The MSRP is $57475 and got invoice less Premium package. I got 7K off MSRP.
Rear Climate pkg
comfort access keyless entry
3rd Row seat
Driving it off to my garage tomorrow.
#961 of 2455 Re: 2008 BMW X5 3.0 [khrister]
Aug 28, 2008 (4:35 am)
We may lease since the technology is changing. May be able to get one with Sport, Premium,Rear Climate,Running Boards, Cold Weather,Comfort Access, Navigation,Sirius (incl one year subscription) and Third Row for $5,000 down and $851 per month for 36 months. I am going to the dealer today to doublecheck. The $450GL, fully loaded, is significantly less although the price is to buy.
#962 of 2455 Re: 2008 BMW X5 3.0 [eaw801]
Aug 28, 2008 (4:48 am)
I am located in Southampton, LI if that is relevant.
Car man- any advice?
#963 of 2455 Re: [bond007jb]
Aug 28, 2008 (5:00 am)
Hi, I have a X5 4.8 in Southampton, LI with Prem, Cold, Nav, Sirius, Running Board,Sport, Comfort, Rear Climate, and 3rd Row in Southampton, LI. I am doublechecking on options today so I can be exact on this forum. The lease is for 36 mos & price is $851 with 5K down. Too much? The car is Not located here but can be obtained. Should I continue to negotiate? Try to get their more fully loaded on site vehicle which,however, lacks Sport- for the same price? As August winds down, is dealer more or less likely to deal?
#964 of 2455 BMW X5 4.8i Quote
Aug 28, 2008 (5:44 am)
Hi, I received the following quote from a CT BMW dealer. NY/NJ dealers don't seem to want to play. Is this a good deal?
Exterior: Space Grey Metallic Interior: Black Leather
Packages: Premium, Tech, Rear Climate, Cold Weather
Options: Automatic Tailgate, IPod, Sirius
MSRP: $64,500 +/- a few $
Selling Price: $58,875
I'm also adding towing packing which they quoted at $1017.15 saying it is their "cost". Got a quote from a NJ dealer and they were $100+/- higher on towing.
What do you think?
#965 of 2455 Re: BMW X5 4.8i Quote [ltpdih]
Aug 28, 2008 (7:51 am)
Are you buying or leasing? What dealer are you using? Please let me know as soon as it is convenient. I may have to go to CT.
#966 of 2455 Re: BMW X5 4.8i Quote [eaw801]
Aug 28, 2008 (8:34 am)
Given the amount of miles we drive per year, we are buying. Lease deal would have been good if we could go with 10K per year as I've bought from this dealer before they were going to give me the BMW Owner's loyalty lease rate.
#967 of 2455 BMW Current Program for X5 Ending on Sept 2nd
Aug 28, 2008 (8:44 am)
It sounds official - BMW is not extending their existing program beyond Sept 2. Financing rates go up from 0.9% to 1.9% after the 2nd. Lease rates going up more. Dealer also told me Premium Package credit is being discontinued.
#968 of 2455 Re: [bond007jb]
Aug 28, 2008 (9:09 am)
My dealer said that he can get the car I want from a general pool of cars that BMW has made available. Thus it is not "on the lot" nor is it special order. Does the dealer have the ability to negotiate on this X5? So far, he has taken 4K off MSRP. This amount must reflect the dealer incentive however. Should I give up Sport Package in order to get an on the lot vehicle. The problem may be that the only available X5's have MSRP's higher than the one I am interested in.
Aug 28, 2008 (11:31 am)
Sports Pkg is a personal preference. My previous car a 328is I bought off the dealer lot, he gave me 4K off MSRP on that which was the best possible deal at that time, and was on the lot vehicle, didn't come with sports package and I regretted it all along. Some folks don't like the sports pkg because they feel that BMWs already have a harsh ride compared to a Lexus. Personally if you don't get a BMW with sports pkg then might as well go for a Lexus or Merc., which probably offer a better bang for the A->B transporter.
I think good deals are still possible, shop the price you are getting to other dealers in the area, preferably over email so you have it in writing. The lots are thinning out though 'cause of the great deals. Tell the dealer the mandatory options and the price you are willing to pay, you will be surprised how many may want to negotiate.