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

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Comments

  • greg777greg777 Posts: 9
    There is a lot of good feedback on pricing already, but not much on the 528 vs. 535 issue. After all, if you get a slightly better deal on the wrong car, it really is not such a great deal.

    Regarding the 528 vs. 535 – I believe the engines are really the same displacement (the numbers used to indicate the engine size, but BMW did away with that long ago) so a 528 is not necessarily 2.8 liters, a 535 is most definitely NOT 3.5 liters, etc.)

    Both are fine engines – BMW is still the champ of inline 6 engines – which are inherently balanced engines as opposed to V6s which require balance shafts to run smoothly.

    So either mode, the 528 or 535 is a fine car, it’s just a matter of what you want. The 535, with its 300 h.p. and 300 foot pounds of torque is an absolute jewel of en engine. Much better than the high performance 540i of just a few years ago. That said, it is a powerful engine. If you like to accelerate really quickly and drive on a track, buy a 535. For many, a 528 has all the power you will ever need. Especially if your motoring is limited to the traffic clogged roads (like in Atlanta, for example). Then, the 528 saves you quite a bit of $, and won’t make much different. For me, I instruct at high speed driving schools and track events with the BMW club, so I would by the 535 all day long. But that is not relevant to you – the question is how YOU drive.

    If in doubt, drive both models, not just around the block, but really drive them. Accelerate both at full throttle to see just what the difference is. If you find the faster acceleration worth it, buy a 535. If you find the 528 more than adequate, buy a 528 and save yourself some hard earned cash. There is no right answer overall, but there is a right answer for you.
  • smithsongasmithsonga Posts: 123
    this is good advice. We chose the 528i over the 535i as it just wasnt worth, at the time, $100/month.

    That said, once my 528i lease was up , we purchased a CPO 550i. :blush:
  • Hi smthsonga,

    Appreciate your input greatly... Yes, I'm a casual driver, bassically will be using it to commute to work (Atlanta roads :-) and the occasional road trips with the family. I've driven both around the block and high way. As you indicated, 535i drives much better, and I think 528i is totally adequate for what I'd need.

    Thanks again.
  • tocheer4tocheer4 Posts: 9
    If you can, go for 535. Especially after one or two years of driving, you will feel the difference. I had 525 before. When it is a brand new car, you do not feel much difference. Then a year later, I feel sorry that I did not got 535. Then two years ago, I got 535, it is not disappointed at least for two some years now.
  • joe24joe24 Posts: 27
    It was in NJ. BMW of Tenafly gave me a price of $42.8K for 528XI that was MRSP of about $51,900. Most of the other dealers were around the cars direct price of $43.5. From what I've seen you can get $700 below cars direct if its on their lot and about $300 if they need to procure it from another dealer.

    I got the 535 Xi. After driving both, it was close. I used to drive a G35 and the 528 didnt have enough power. Given all the discounts, It made sense to get the 535.
  • shyamyshyamy Posts: 23
    edited May 2010
    Hi,

    I got an offer for a 2008 CPO 535xi for $36,000. It has 34,000 miles on it. Is it a good deal?or is it on the higher side compared to other similar ones?

    Any help appreciated..If you need more details, let me know and I'll check with the dealer. Thanks!
  • phylpphylp Posts: 49
    shyamy, yes, without more info it is hard to compare. But, without more info, maybe the price is somewhat high at this point in the 2010-2011 model year.

    I purchased a certified 2008 BMW 535i in October 2009, with 26,000 miles, for a couple thousand dollars more than what you have been quoted. I thought the price was fair then and now. The dealer also "threw in" a new set of tires, a year of Sirius radio, and two sets of new floor mats (one carpeted and one rubber). I valued those concessions as being part of the deal and made an allowance of $1000. I also got the color I wanted, the great comfort seats, and the previous drivers were non-smokers (it was a demo).

    Happy hunting.
  • shyamyshyamy Posts: 23
    Thanks phylp.

    I guess your deal is much better. I'll not be taking this one up right now..Looking for more options. Thanks for the advise.
  • 1stbmw51stbmw5 Posts: 2
    has nav and prem pkg. modular seats. XM radio. bmw of sudbury, MA. traded in 1997 camry for 1.6k for a net of 44k. good deal?
    dealer also sold wheels/tire plan for 1300$/5 yrs and 10yr/110k mile ex warranty for 4700$. is that a good price?
    thanks
  • Firebird_EOUFirebird_EOU Posts: 250
    Tire plan is expensive.

    http://www.bmwusa.com/Standard/Content/Owner/BMWUltimateProtection/TireandWheelP- rotection.aspx

    I have not heard of 10 years. With below you can buy it before your 4 years/50k miles is up. What happens if your car is totaled or stolen in the first year? Do you lose that $4,700??

    http://www.bmwusa.com/Standard/Content/Owner/BMWUltimateProtection/ExtendedVehic- leProtection.aspx
  • cash12cash12 Posts: 5
    Looking to get a BMW 535i with around 30k miles on it for less than $30,000 out the door. I live in the bay area but willing to travel to get the right deal.

    Think it's possible.

    Interested in how much extra do you think CPO is worth?

    thanks,
  • ct_audict_audi Posts: 6
    After a couple dealers tried to suggest that such a "hot" car only sells for list, I completed a transaction for invoice + 2.2K I believe there is probably a 2-3% holdback on this car as well so the dealer is still making quite a bit on this car. Probably suggests that there was probably another 600-700 of room for those willing to be more patient.

    MSRP Invoice
    1150 535i 49600 45630
    354 Titanium Silver Metallic 550 550
    ZCV Convenience Package 1700 1545
    ZPP Premium Package 1800 1640
    3AG Rear-view camera 400 365
    508 Park Distance Control 750 685
    609 Navigation system 1900 1730
    6FL iPod and USB adapter 400 365
    6NF Smart phone integration 150 135
    205 STEPTRONIC automatic trans. n/c n/c
    465 Split fold-down-rear seat 475 430
    Net Total 57725 53075
    Destination Charge 875 875
    Dealership Overhead 300
    Manufacturer Co-Advertising Fees 250
    Training services/marketing 180
    Total Suggested Price 58,600 54,680
    Dealer Fees 549
    Net Total 59,149

    Negotiated Total 56,949 54,680 :shades:
    +tax, tag, and title
  • gardisgardis Posts: 185
    Greg,
    That was terrific technical information. I looked at a beautifiul 2008 535i at Bridgeport BMW (CT) at the end of 2008 (CPO) had 27K miles on it, they were asking $38,900. it was black sapph, prem pkg, sports pkg, beautiful rims. I passed on it after a lot of agonizing because I just didn't think I wanted to get involved with twin turbos. That's a new engine, isn't it? The dealer said to me, 'you're right, that's extra moving parts you don't have on the 530i' ..... what do you think about that? I ended up with a smashing 530i, 2007 with only 24K miles on it and sports, prem, cold, prem sound and NAV. Love the car. It's just enough for me. Thanks, really learn so much from this column.

    Gardis in CT
  • jayriderjayrider Posts: 3,442
    Yo Gardis -- glad to see you are lurking. Enjoying that bmw you got?
  • Firebird_EOUFirebird_EOU Posts: 250
    Your MSRP/Invoice of Total Suggested Price 58,600 54,680 should not include these items.

    Dealership Overhead 300
    Manufacturer Co-Advertising Fees 250
    Training services/marketing 180

    I can't believe after all that there is another.
    Dealer Fees 549.

    Those 4 items add up to be $1,279.
    It came out you paid $2,999 over invoice.
  • ct_audict_audi Posts: 6
    Let’s not confuse cost versus invoice. The invoice (as seen from 3 different dealers) had those three line items and it is what it is, it can’t be changed or edited. To work back from invoice to cost you could make the adjustment to strip those out if you believe that the manufacturer does not receive any of that money, just as you would try to estimate the holdback and back that out of the invoice as well as any rebates, etc…

    Just speculating, but the $300 overhead is not likely going to BMW, the 250 co-ad fees are, and the 180 training services I have no clue. In my experience it is a fool’s errand to try to talk “cost” with a dealer since you will get a different answer if you get one at all (often a different cost figure will be given by the salesperson, truecar.com, Edmunds, and the f&I guy).

    My comparison to invoice is still valid as the invoice (not cost) reads 54,680. Those three items are not included in the sticker in much the same way that regional advertising fees on a lexus are not part of the sticker. So the MSRP is still $58,600.

    The dealer fee is the below the line item that they like to preprint on the contract forms. Fortunately the same printer can put a XXXX through it. However, since that is a straight to the dealer’s pocket “fee” it is not in the invoice nor should be considered as such. So if you are working invoice up (or cost up) it can be ignored since you can ask the dealer to include it in their first offer and then as they come down you know that there is an extra 549 (or some dealers show it 489) in their figure.

    So you could look at the purchase as an invoice of 54,680 plus 1,720, then 549 straight to dealer for the 56,949. To make it simpler for those that use the forum, I simply rolled the dealer fee into the 1720 to get invoice + 2.2K, not invoice +2,999 as you suggest.

    A dealer will negotiate this as a discount of 2,200 off MSRP, but since they would then add back the 549 fee. Their 2,200 “discount” should really be treated as a 1,651 discount off sticker.
  • ghstudioghstudio Posts: 968
    Every car at first availability is a "hot car"....I'm giving it 3-4 months and dealers will have worked thru their pre-orders and seeing their lot fill with stock cars.
  • Firebird_EOUFirebird_EOU Posts: 250
    The 3 items aren't universal charges for all dealers in 50 states unlike destination charge. Let's say the car's invoice (w/dest) is $40k and the 3 items are $5k, and one pays $45k for the car and say they paid invoice price because those 3 items are on 3 dealers nearby.

    Dealership Overhead 300
    Manufacturer Co-Advertising Fees 250
    Training services/marketing 180
  • kyfdxkyfdx Posts: 31,059
    All BMWs have the training/service fee on the invoice....

    Most dealers participate in the advertising co-op (MACO), though the amount can vary (zero for those that don't)..

    Dealership overhead? Well.... maybe dealer document fees... Those are all over the map, and are restricted by law in some states.

    If you don't mention the word, invoice during negotiations.... then, it won't matter what they are.. ;)

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Does anyone have info on the 2011 535i residual and money factors for 2yr or 3yr lease, 12K mi per year (I assume it's less 2% for 15K a year)? Thanks.
  • coolmarucoolmaru Posts: 3
    Hi,

    Just drove home in my (first time buyer) new 528i, automatic with ipod charger and no other options. Got a price of 38900 + tax. Was that price good?

    Thanks,

    coolsat
  • rich6rich6 Posts: 3
    were you able to negotiate off of msrp., where did you get your car and how do you like it
  • gardisgardis Posts: 185
    I'm still reading the columns avidly, I always learn so much from you guys...I'm loving my vehicle, I had it serviced at 30K miles at BMW Darien (bought it at Greenwich BMW, but they're service dept is much farther from my house).........did not cost me ONE PENNY, and that felt good. The car is magnificent, I'm getting about 19mpg city driving, and much higher on the highway, though in the winter, I notice my gas efficiency goes down. I've gotten so many compliments on the car. It's a looker, Alpine White with the sports pkg and shadow line trim, looks great.
    Gardis
  • 1stbmw51stbmw5 Posts: 2
    Thanks. the link you posted only gives me details about the plan, no pricing info.

    the dealer said you can cancel the ex warranty anytime before the 4/50k for a full refund.

    the max i found by calling other ex warranty providers is for 7 yrs (AAA, carchex etc). only this one from CNA is for 10y/110k. apparently, they can change the miles and years to suit your budget. example, they originally offered me 10y/120k for $500 more.

    basically i am paying $800/yr from yr 4-10 thru 110k miles.
    didnt seem too bad to me.
    thoughts?
  • nyccarguynyccarguy Stamford, CTPosts: 7,979
    I had a chance to drive a brand new 535i & 550i tonight @ the BMW Ultimate Drive Event. All I can say is WOW! They've done it again. BMW has made the best sport sedan in the world!

    2001 Prelude Type SH, 2011 Pilot EX-L 4WD, 2015 Subaru Legacy 2.5i Premium

  • New to the forum, but love all the great info. Just purchased a 535ixdrive, 2010
    -90 miles, space gray, natural brown interior, value package, premium package, nav system. Was the last one they had, but love the color combo-so it was meant to be. Not sure if we got a good deal, but felt it was fair. Have not even picked it up yet, but after just the time spent in it test driving-I can not wait to get in and go. Thanks for all the insight.
  • jayriderjayrider Posts: 3,442
    Very smart of you to keep the details of the deal confidential. No point in doing that once the car is purchased.
  • drakejdrakej Posts: 7
    'Very smart'?!! What the #$#? You must be a dealer. Isnt the whole point of this message board to share information with fellow consumers to aid in their future purchases?
  • jayriderjayrider Posts: 3,442
    Once the deal is done why bother. Most folks get ripped for paying too much. It makes perfect sense to post for info before you buy. I love the posts --"I just bought a XXX and paid YYY ---Did I get a good deal? Do your own research-- check the forums and if you feel you want to share what you paid, fine.
    Your comment "you must be a dealer" was amusing.
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