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2013 and earlier - BMW 5 Series Prices Paid and Buying Experience

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Comments

  • gardisgardis Posts: 185
    Guys,
    I'm being offered a nice 2007 5 series out of state (60 miles from my house).
    Does anyone have any experiences buying out of state? What are the advantages, disadvantages. I would have to service the car at one of my local BMW dealers, no question. But if there's a problem with the vehicle, are they going to approach it the same way as a dealer who sold the car?

    Please advise, I hate to pass up this opportunity. Also, do sales taxes apply if the car is bought out of state? Years ago, we use to go shopping in NYC because we didnt' have to pay sales tax. I doubt that's the case any longer.

    Gardis
  • jayriderjayrider Posts: 3,409
    you pay sales tax at home when you register the vehicle. buying out of state is absolutely no problem.
  • xdcxdc Posts: 12
    Gardis:

    Got yours? I am considering 2007 530xi with similar package you got. Wondering how was the process of negotiation. How much did you bring the price down?

    Thanks!

    xdc :confuse:
  • Wow! with today's market, the best you got was a 4.5% off msrp! :confuse:
  • Now this is better, 14.5% off msrp. with today's market, 18% to 20% of sticker price as your starting negotiation price is not insane. if you're getting less than 14% off msrp, you're getting jipped!
  • gardisgardis Posts: 185
    Hi xdc,
    No not yet. I have to get the chance to drive 55 miles, not a big deal, but with work and all, plus they don't want to talk on Saturday so that leaves the weekend out.
    I always check the BMWUSA website for inventory, do you? Good luck, I missed out on two cars, someone's buying!!
  • xdcxdc Posts: 12
    I also missed one today. :mad:

    I was very close to get 7.7% off MSRP for a 2006 530xi. Somebody from PA (thru internet) is willing to pay $700 more plus shipping from San Diego to there. The person even did not get a chance to look at it.

    I became a loser.

    XDC
  • Hoping someone can tell me what they think or where I can improve this lease offer - coming from NJ dealer.

    2009 528i
    Premium, cold weather, navi, sirius, and ipod adapter, auto, xenon, fold down rear. 23K miles / year, 36 months

    Cap Cost - 51400
    Bank Fee - 925
    Total Cap - 52,325
    Cap Reduction - 2500
    Net Cap - 49,825
    Residual - 27,746

    Total Payment - 725.78

    MSRP - 54045
    Cap Reduction 2500
    Upfront Sales Tax - 2026
    Luxury Tax - 205
    DMV fee - 254
    State Inspection 7.70
    Advance Payment 725.78
    Other Fee (?) - 195
    MF - .00145
    Total Drive Off - 3422

    Thanks for any help!
  • 23,000 miles per year? That's such an unconventional lease it's hard to compare.
  • why in the world are you only asking for 5% off the msrp? makes me think that you work for the mfg or dealer, he! he!

    if you're a serious buyer. here's what i'd do.

    base cap 45,940 (that's right, 15% off msrp)
    cost added $925 (this is negotiable, don't buy what the dealer tell you)
    current bmw money factor is .0019
    residual for 36 mos is 60%
    no freekin money down!

    total drive off (1st month and tax) = $590.33

    this is your monthly with tax = $590.33

    based on 15K per year. i know you mentioned 23k, so this gives you an idea of what a good eal is based on a 15K.

    MSRP 54,045
    total drive off less than $600 (including 1stmonth)
    monthly of $590.33
    15k/yr 36mos lease
  • gardisgardis Posts: 185
    I missed out on a beauty. My fault totally. But car was 50 miles away, I just couldn't get there in time. They lowered the price to $29,500 and the car sold within days. That's where the pricing has to be. I'm still looking............I have one more they're trying to sell me.....it's a 2007 530i, white/black, premium sports and cold. Asking around $30K........car has been on the lot since November, why hasn't it sold?? I'm thinking something is wrong with it, couldn't be such a nice car hasn't sold. It has about 30K miles on it, which is more than I really wanted. I'm trying to stay in the low 20K's for mileage.

    How on earth do you buy a car sight unseen, and ship it across the country! I wish I had these people's guts!!
  • Thanks Phil - first time leasing as you can easily tell so looking for all the advice that can be provided.

    Wouldn't or should the residual be lower for 36 mos lease since it is a high mileage lease for 23k/per year?

    For the total drive off - it will be tax, first month and dmv fees - is this negotiable from what you are saying?

    are you also saying the Mf is off in this deal as well?

    Thank you for your time reviewing
  • 06 530i, 20k miles, cpo, listed at $32,000 with 0% financing.

    pls help
  • Can anyone give me details on current lease programs on a 2009 535i for 36 months? (Money factor, residual for 12K miles per year, and ideas on where they are willing to go on cap cost)

    Also, I will be turning in an '06. I know they wive the lease termination fee and new security deposit...but are they waiving a new bank fee or offering to forgive the last 2 payments if you turn in 2 months early? (My current lease is up on 5/20/2009).

    Thanks!
  • xdcxdc Posts: 12
    Alex:

    With prem. package?
  • lowering the residual will bump your cost higher.

    drive off = (tax/1st month/dmv fees) + down (cap reduction) + other fees you'd lilke to pay. "other fees you'd like to pay" such as bank fee are negotiable.

    mf factor, check my previous post. your cap cost, negotiated price of the car, should be atleast 15% off msrp (due to today's market). it's your money, if you'd like to pay more then do it.

    read this to get more leasing advise, that's if you really is a shopper and not someone who works for a dealership, he! he! j/k. you kinda sound ilke you are.

    you know that your url and/or ip account can be trace and will be embarrasing for your employer if you are found an employee or affiliated to an auto dealership or manufacturer? posting to this site to give real consumers false info on the current market is against the law!

    http://www.bimmerfest.com/forums/showthread.php?t=146090
  • I am not eligible for the loyalty discount. I am trying to lease a 535i with the premium
    package. The msrp is 55K. The best my dealer says he can do is 1450 down 650 per month with tax. Reading the above posts, this does not sound like a good deal. Any help would be appreciated.
  • patellapatella Posts: 4
    Hi Guys, Just purchased a year old 528xi what do you guys think of the deal?

    2008 528xi
    20k miles
    cold weather, premium, xenon and comfort seats

    33750.00 plus ttl..

    What do you think?

    :)
  • gardisgardis Posts: 185
    That sounds like a very good deal to me. I'm looking at 2007's and they're in the same price range as what you just paid for a 2008. The 2008's are running in the upper $30's.
  • Hi Carman, KYDFX, what do you think of this deal,
    2009 528xi, MSRP 52075
    Selling Price: 47460
    Sales Tax: 1294, Sales tax on cap reduction cost: 186.37
    Cap Cost: 2500 (loyalty) + 162 (didnt realize they took 162 here)

    12K miles, 36 months, Monthly with taxes is 530 in NJ.
    Car includes, Premium, Cold Weather and Ipod adapter.
    Initial Title Fees: 20
    Initial Reg Fee: 87
    Acq Fee: 725
    Supp TIltle Fee: 189.84
    Doc Fee: 239 (too high)

    Total Fees: 1953.23 including the first month payment.

    I thought the fees were higher by roughly 200 bucks? What do you guys think?Also if they are going to use the same plates from my lease returned car, should the fees be less.

    Thanks,
  • ntuntu Posts: 9
    There seems to be many great deals out there - Here's one I'm considering

    $55 OTD , 2008 550i (sport, nav, and a few other small options), 3K miles, one owner

    Original MSRP was 70K

    Thoughts? Comments? I am also seeing some 2008 brand new with 10K-15K off MSRP
  • bmlexusbmlexus Posts: 755
    If your spending $55k on a car, why not spend it on a new car?

    btw, when is the new 5 series coming out?
  • ntuntu Posts: 9
    I am also considering a new 535 but like the extra power in the 550i but can't stay in this price range for a new 550i with the options that I want.
  • bmlexusbmlexus Posts: 755
    Then I guess the 550i is the better deal for you, after all the car is used only 3k,which is nothing.

    Any known reason why the owner is selling his brand new car?
  • jkmiecjkmiec Posts: 5
    Got a dealer that will do this $859 a month 10k miles 36 months.

    2009 535
    Sport
    Premium
    Comfort
    Power Sunshades
    Heated Seats
    Park Distance
    Navigation
    Sirius
    iPod

    MSRP is $62,300
    Selling to me for $59,310

    From what I can see this is about $500 over invoice which seems reasonable.

    I also have $3200 rollover on an X3 that is figured into the deal

    $859 / month 36 months Taxes included, Only first payment down.

    My issue is that it has the old i drive. Is it likely that doing ED on a new 2010
    with same options and saving the 7% that I will get a better deal?

    Thanks
  • Picked up my car yesterday, here is the final deal I got...

    MSRP 53,075
    includes, premium, cold weather, comfort access, navigation and ipod
    Cap - 48,100
    BMW Financial cash back (everyone gets this) -$2500
    adjusted cap - $45,600
    58% residual, 0.00175 money factor, 6% maryland taxes,

    $699.55 a month, 15k miles per, 36 months

    Only first month and $725 security deposit due at signing.

    I dont think you can get the car much cheaper. I basically had the same offer from 3 dealers in Maryland and Virginia after several days of haggling. Had one dealer tell me this deal wasn't possible and tried to tell me I was getting a 3 series instead. Had another dealer tell me that I had to pay taxes and was getting screwed when I showed up.

    I also got two sweet new BMW keychains.

    Got the car from Tisher in Silver Spring....BMW Sterling VA and Northwest in Baltimore were the other two that offered the same deal on identical cars.
  • Hi,

    I am considering a BMW 5-series purchase. I am torn between new a CPO.

    My local dealer has a 2007 CPO with 30k miles. It is a 530i with Premium, Sport, Nav, and Cold Weather. The color is black with terra interior, multi-contour seats. The condition is great, but not perfect. There is a light scratch in the passenger side dash, about 3" long that I am not thrilled about. They want $38,700 for the car, and don't seem willing to work with the price at all. In this economy, that seems ridiculous to me. What do you guys think is a fair price?

    Also, generally, what % off of sticker price should I expect to be able to negotiate on a loaded 528i or 535i, with the 0.9% apr special. This dealer says they can go up to 5% off of sticker. Is this reasonable? I know someone who just got a brand new loaded Jaguar XJ8 for $20,000 below sticker. Is this dealer jerking me around, or does BMW just not discount their cars anymore?

    Please help me make some sense out of this. Thanks!
  • smithsongasmithsonga Posts: 123
    that is not a fair price. I just got a 2007 550i CPO loaded for $35k. 35k miles, but that isnt out of the range.

    Search the internet and ebay for CPO cars. there are a TON of 530is out there. You can find a perfect one for low 30s I am sure.

    Good luck.
  • Looks like you got the price down close to 10% off msrp, could be different by states.

    based on your adjusted cap of 45.6K and info you've provided bout your lease, your monthly should be $577.94 (including tax).

    Was there add'l cost added to your lease? Looks like $3,900 was added, are you sure you got the $2500 cash back? Something is very wrong with your $700 monthly. I'd re-check your lease contract, but unfortunately if you already signed and took the car home it's too late.
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