- #2159 of 2596
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Re: 528 I lease. [Car_man]
by regissa1
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Feb 02, 2009 (11:52 am)
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Replying to: Car_man (Jan 30, 2009 2:55 am)
Thanks Carman for the info.
I leased the 09 528I a week ago. Premium pack. Xenon light/Satellite Radio/ipod adapter.
I wilkl be billed for one month of my old lease that was due the next day and BMW issued a ck for the 3 remaining months.
I then paid $2500.00 down and $640.00 tax included.
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- #2160 of 2596
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BMW 528
by Jenn
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Feb 02, 2009 (3:56 pm)
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Does anyone know if BMW will extend the $2500 rebate on the 5 series? I'm trying to decide if I lease a new 528 now or wait until my lease is up on 3/11.
I can get .00175 MF, $500 over invoice. Is this a good deal?
Thanks for any help!
Jen
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- #2161 of 2596
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Re: BMW 528 [Jenn]
by rocky725
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Feb 02, 2009 (4:10 pm)
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Replying to: Jenn (Feb 02, 2009 3:56 pm)
You should be able to get the car below invoice with the $2,500 rebate from BMW.
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- #2162 of 2596
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Re: yatze re bmw [yatze]
by jayrider
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Feb 02, 2009 (6:50 pm)
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Replying to: yatze (Feb 02, 2009 6:51 am)
sorry--- lost my resource for auction prices. I doubt it would help much -- best you might do is check prices on ebay and cars.com to see sale prices. With cpo and low financing the dealer won't be moving much without a lot of effort on your part. Offer a few grand less and be prepared to walk and lose the car. If you really really want it than go for it. You can buy a brand new saab 9-3 08 for about 25k if you need a euro sedan but its not a bmw --- it is nice though and full warranty. Sorry -- good luck.
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- #2163 of 2596
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Re: yatze re bmw [jayrider]
by yatze
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Feb 03, 2009 (6:59 am)
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Replying to: jayrider (Feb 02, 2009 6:50 pm)
Bummer. Can anyone else help me with auction prices? Once they saw that I knew that they dropped the price immediately. That was my strongest argument for lowering the price. We are down to 28K CPO
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- #2164 of 2596
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Re: buying a lease vehicle [kyfdx]
by yatze
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Feb 03, 2009 (7:23 am)
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Replying to: kyfdx (Oct 06, 2007 9:57 am)
Can someone get me current auction prices for BMW 06 530xi wagon , 20,600 miles
Last month auction block price for this car was about $26k.
I am interested in purchasing my car at end of lease and dealer seems willing to negotiate. But I need that auction price.
Thanks.
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- #2165 of 2596
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by gardis
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Feb 03, 2009 (7:29 am)
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yatze-
my dealer in Darien, CT had a 2006 530I wagon, they were asking $34,900 and sold it. Take it from me -- just like jayrider told you, play hardball too much, and you will lose the car. Someone is out there ready to buy. I've already lost two cars that way. I'm kicking myself. Everyone has to make money, you have to be happy, but the dealer has to be allowed to make money too. That's how the game is played. If you know the vehicle is a good one, you'd be foolish to walk away from it, and start all over, espec. with another CPO. My two cents.
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- #2166 of 2596
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Re: [gardis]
by yatze
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Feb 03, 2009 (8:05 am)
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Replying to: gardis (Feb 03, 2009 7:29 am)
Thanks for the advice. Duly noted. Have to say that BMW Financial already dropped $6000 of the residual which brought it down to 29k and so I think I can do better at the dealer. You are correct, there are always folks who can pay. But I have 2 other cars old but serviceable, so if they won't deal, it's no loss.
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- #2167 of 2596
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Re: [yatze]
by jayrider
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Feb 03, 2009 (8:59 am)
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Replying to: yatze (Feb 03, 2009 8:05 am)
checked out cpo prices for your car and best price with 20k miles was 29900. If you have 28k offer than that isn't bad. 25-30k is an affordable price range for used bmw shoppers so they will sell it within a few months. Bargain hard from 25k until close to lease end and see where it brings you. Auction prices for an above average wagon can't be much less than 21-23k without cpo. Add dealer profit and cpo and even 28 doesn't seem bad but who knows in this market. There are a number of nice new vehicles available for 30k foreign/domestic. I just can't see spending almost 30k on any used car. Too many choices new. But to each his own -- good luck.
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- #2168 of 2596
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Re: [jayrider]
by yatze
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Feb 03, 2009 (9:13 am)
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Replying to: jayrider (Feb 03, 2009 8:59 am)
Thanks for checking this out. You are correct there are lots of nice cars at 30K but very few wagons appeal. No other wagon really appeal at at the moment. Not seeing a lot of wagons for 30k though except the little ones which are too small and I don't want another Vovlo and don't like Saab or Suburau.
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