Last post on Sep 17, 2006 at 7:19 PM
You are in the BMW 5-Series
What is this discussion about?
BMW 5 Series, Wagon
#234 of 252 Leasing a 530XI Wagon
Feb 01, 2006 (5:53 pm)
Hi, I am in the market of leasing a new 2006 BMW 530XI wagon. What is the going lease quote for these, and what is the best price you've heard?
I was quoted with a $1850 down, $599/month on a premium package 530XI wagon, 10,000 miles/year - is this a good lease?
#235 of 252 Re: Leasing a 530XI Wagon [jcl4]
Feb 02, 2006 (5:20 am)
Yes, MINUS the "down" part.
#236 of 252 Re: 2007 Model year?!?! [markcincinnati]
Feb 02, 2006 (1:57 pm)
My advice is, wait until 07 Model year comes out and buy 06 one. That way you save at least $3-5000. As you know the moment you take the new car out of the show room, there will be thousands of dollars depreciation.
#237 of 252 Re: Voice activation? Comfort seats.. [dsilver2]
Feb 02, 2006 (1:59 pm)
I tried n numer of times but couldn't get them activated. You know is there any specific procedure to follow. Appreciate your reply
#238 of 252 Re: 2007 Model year?!?! [ownerof525xi]
Mar 01, 2006 (5:07 am)
When leasing, the odd fact of the matter is that it can be less expensive on a monthly basis to lease the new car rather than the new car that is on model year old due to the greater residual of the newer model.
Which may lead to a conclusion -- if the leasing companies feel that a new car three years from now is worth more than a new car that is last year's model will be three years hence, wouldn't this same logic merit YOUR consideration too?
Of course with enough of a discount this becomes moot.
If you a plunking down 100% cash up front and plan to keep the car beyond 60 months, well, the one year old new car with a discount MAY be a better bargain but only if you consider that you will keep the car so long that it will have a very low residual of its MSRP remaining at the time you dispose of it.
#239 of 252 I'll take a chance and post here to see if. . .
Mar 01, 2006 (5:23 am)
. . .any additional data points surface.
Background: Cincinnati Ohio. We have winter, but other than a rare snow day or two, our winters are moderate and road conditions are rarely, if ever, an issue of any consequence.
The largest BMW dealer in Ohio is here in our fair city. We have two BMW dealers and just north of us in Dayton, Ohio there is a third -- somewhat further away, in miles (~ 100) are the cities of Columbus, Louisville and Indianapolis. Each city, of course has Bimmer dealer or dealers.
According to the dealer where we purchased our 2005 X3, over 40% of the 5's sold since third quarter 2005 are "X" drive equipped and virtually all Steptronics (late February 2006 is the most recent time stamp on this info, BTW.)
Moreover, the reason the percentage is 40%+ is "inventory."
There isn't enough of it to satisfy the demand. Of course they don't know how many more X drives they would sell had they access to more, but the purchasing manager of our local store did make the claim.
Now, to repeat, AWD (which is nice in low traction events, like snow, to be sure) for the sake of getting going in the snow is really not necessary here in Cincinnati. You would think, wouldn't you?, that Chicago (some 250 miles from our fair city) and Cleveland (ditto miles) and Pittsburgh (again ditto) would be keen or even more keen than we here in SW Ohio on AWD, that is.
The point: the last posting here on this forum before this one was Feb 2, 2006. It is as I write this Mar 1, 2006.
Conclusion/question: if the sales performance of the 5 series (not to mention the sales of X3's and X5's and of course the 3 series themselves) is as noted by my local dealer here in River City, why are there so few posts on this particular tributary? Could it be that "a 5 series is a 5 series is a 5 series and this 5X blog is not needed?
One would think -- if my numbers are anywhere else representative -- that at least 1/3 of the posts would be here. On the other hand, one reason cited for the popularity of the 5X's is that they are imperceptibly different from the RWD 5's -- so a 5 is a 5 is a 5 after all.
The 5's already have set the world on fire sales wise (at least in North America) so perhaps this is understandable. It just seems, according to one dealer, the X drive has brought more than a statistically irrelevant number of people into BMW's showrooms -- people who would have first considered Audi A6's, Infiniti M35X's and Mercedes E-classes w/4Matic.
Have we actually progressed to the point where AWD is simply considered standard, normal, expected on the option list and now that BMW's middle child offers it, game over?
#240 of 252 used BMX 530xit wagon--buy or lease?
Mar 02, 2006 (1:49 pm)
Dealer called to say he was getting a 2006 530xit with 6000+ miles. MSRP $57,870.00
Ran CARFAX on the VIN. Looks ok. Car was registered commercial--one owner. Registered 6 months ago.
What would a "good" lease number with little or no money down be for 36 months, 15,000 a year for this car.
What would be a "good" purchase price for this vehicle?
It has the cold weather package; premium package, auto trans, navigation system.
Never leased a car before, or bought used.
#241 of 252 Re: Software Recall / Update [freddybb]
Apr 23, 2006 (12:49 pm)
I have a BMW 530xit that I just purchased and had the deal put in the Aux audio input, but mine doesn't seem to work. What kind of cable are you using? Just like a headphone end to headphone end cable?