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Buying a used 5 Series

339 messages,  Last post on Dec 01, 2009 at 4:29 PM

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What is this discussion about? BMW 5 Series, Car Buying, Sedan

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#209 of 339 Re: 525i vs a Maxima? [moy] by jayrider Jan 22, 2009 (7:45 am)
Replying to: moy (Jan 22, 2009 7:34 am) Why not put that $30000 toward a brand new fully warranted 09 Maxima? Replies to this message: moy (Jan 22, 2009 8:02 am) kyfdx (Jan 22, 2009 8:13 am)
#210 of 339 Re: 525i vs a Maxima? [jayrider] by moy Jan 22, 2009 (8:02 am)
Replying to: jayrider (Jan 22, 2009 7:45 am) I was considering that too, but wanted to move up to a BMW. Basically, I am thinking I can get a 2007 CPO BMW 5 series for under the cost of a brand new Maxima with all the options. Don't get me wrong, I love my Max, but have really wanted to trade-up and drive a BMW. All my relatives have them and swear by them, so I thought it would be time to drive one for awhile myself. The only issue would be the power. I still get very good power from my Max and don't want to sacrifice that going to a 525i. Replies to this message: kyfdx (Jan 22, 2009 8:13 am)
#211 of 339 Re: 525i vs a Maxima? [moy] by kyfdx HOST Jan 22, 2009 (8:13 am)
Replying to: moy (Jan 22, 2009 8:02 am) For a couple of thousand difference, I'd get the 530.. It has 255-260 hp, I think..   Plus, there are probably a lot more of them to choose from...
#212 of 339 Re: Used 530xi or 525xi 2006 [emedway] by gardis Jan 22, 2009 (2:00 pm)
Replying to: emedway (Jan 21, 2009 5:21 pm) I looked up that dealer rater site. I looked my dealer up. Many negative comments, that I really cannot agree with. Also, the glowing comments seem over the top to me. What's to stop a dealer from infiltrating that site and writing their own reviews? That's what I'm wondering. How can you trust it. Some of the comments seem genuine however. Nonetheless, very interesting site.
#213 of 339 Loan Rates by gardis Jan 23, 2009 (1:14 pm)
I just heard from my dealer. I am looking at this 2007 530i. I want to pay half in cash, and finance the rest. I filled out the credit app just for the heck of it, I just heard from the dealer: 7.39% BMW financing. He didnt' shop it around the commercial banks, but said it might come in a little less, in the sixes. He suggested I hold the car with a deposit, and wait until first week February when the new rates come out. They might do a program on the 07's. I might do that, any thoughts? It's not going to stop me from buying the car in any case. Replies to this message: jayrider (Jan 24, 2009 6:48 am) chint (Jan 24, 2009 6:42 pm)
#214 of 339 Re: Loan Rates [gardis] by jayrider Jan 24, 2009 (6:48 am)
Replying to: gardis (Jan 23, 2009 1:14 pm) Considering most credit unions offer 4.90% for 5 year used car loans, that rate sounds a bit excessive. Especially with half down. Google local lenders for rates and ask BMW to match. 7.39% is an out and out rip unless your credit score is low. Replies to this message: chint (Jan 24, 2009 6:42 pm)
#215 of 339 Re: Loan Rates [jayrider] by chint Jan 24, 2009 (6:42 pm)
Replying to: jayrider (Jan 24, 2009 6:48 am) The following are BMW financials rates   Score > 740 5.88% for 60 months          between739 - 700 6.25 %            and it goes on all the way to 8 %
#216 of 339 Service Loaner Cars Versus CPOs?? by bavarian08 Jan 26, 2009 (11:05 am)
Hi there..I am planning to buy/lease a BMW 5 Series 2008. Any useful advice would be appreciated. I saw a 2008 528i with 10k miles ( I was told this was a loaner car) and so technically still owned by the dealership. They are doing a 2.9% APR thru BMW financing.    MSRP: $ 45,425.00 Discount: $ 5,694.00 Selling price: $ 39,731.00    with 5k downpayment, for a 60 month term, monthly payments are $650.00, all taxes and misc included. Do I negotiate further? Thx.   Also any views on Service Loaner/Demo cars Vs. Certified Pre-owned?? Replies to this message: coupedncal (Jan 26, 2009 2:18 pm) bavarian08 (Jan 26, 2009 2:49 pm)
#217 of 339 Re: Service Loaner Cars Versus CPOs?? [bavarian08] by coupedncal Jan 26, 2009 (2:18 pm)
Replying to: bavarian08 (Jan 26, 2009 11:05 am) Doesn't look like it is even close to a good deal. You could add couple of grand a pick up a new one. New ones are going at invoice as most others have reported esp. the 528. Replies to this message: bavarian08 (Jan 26, 2009 2:49 pm)
#218 of 339 Re: Service Loaner Cars Versus CPOs?? [coupedncal] by bavarian08 Jan 26, 2009 (2:49 pm)
Replying to: coupedncal (Jan 26, 2009 2:18 pm) Thanks for your input. I will reconsider this deal and wait.

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