Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





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

1120121123125126133

Comments

  • qaliqali Toronto CanadaPosts: 60
    Please let me know if $31500 is a good price. Car is in Long Island:
    2007 530XI 6-speed auto, 27K miles, sport, premium, and cold weather package, new tires and brake pads (front and rear). Car was a CPO bought by the current seller.
  • I think you could do better. You could get a 2008 with that mileage for about 33-35KCPO easily. The 07 should have more of a concession IMHO. I would shoot for 29K.
  • jdbmwjdbmw Posts: 3
    Seems kinda high for an 07...I'd try to offer $27-28K, which I think is fairer.
  • I live in VA and just saw that the 5 series is priced at invoice on the American Express car buying site. May not be the case in other regions, but it's a good point to start negotiating off of. I ordered my 550 right when the car was available back in May and paid about $1,500 over invoice using the same program. Dealer wouldn't move below it since they didn't even have any new 5's on their lot yet when I was ordering.
  • My guess is it's not invoice, but $1500 above invoice, because there is the current BMW $1500 incentive. Invoice would mean, in effect, $1500 below invoice.
    Can you clarify?
  • Hi,

    I am based in North Texas and planning to lease a 528i. I am going to do the rounds at dealers tomorrow AM but wanted to have a price in mind to negotiate. Can you experts help with what should a great to good pricing look like in North Texas area, especially looking for the following numbers as listed below.

    My config is 528i with Black Metallic, Leathertte, Navigation and Heated front seats. MSRP as build is $48,500 and invoice is $44,700 (from edmunds TMV tool). This car will need to be ordered. I would like to close the deal before 1/3 to take advantage of $1500 holiday credit. Greatly appreciate quick responses! Thank you in advance.

    1. Base cap cost (negotiated price before the $1500 holiday credit)
    2. Residual value
    3. Money factor
  • Sorry forgot to add that I am looking for 3 yr / 36,000 miles lease. Also, being a first time BMW customer will I have a higher MF than the standard Dec going rate?
  • Hi - I am in the process of negotiating a price on a 535i with metallic paint, conv pack, prem pack, prem2 pack and sport pack. I am purchasing vs leasing, and I am not eligible for the holiday cash since I'm not financing through BMW. The MSRP is 62,125, and they are willing to come $4100 off. Is that a good price? Thanks!
  • Car_man and everyone else,

    I am in North Texas (pay full sales tax) and first time BMW customer. This is what I am being offered for 2011 528i - 36 mos / 12K miles per yr. Black metallic, Leatherette, Nav, Heated Seats. They will be ordering the car for me.

    MSRP: $48,527
    Invoice (per TMV): $44,680

    Offer from dealer: $46,586 (before the $1,500 holiday credit)
    MF: 2.7 (with a $700 security deposit)
    Down payment: $3,000 (excluding first month payment)
    Monthly payment: $699

    I am bit surprised with the high selling price and MF being offered as compared to what I have been reading here where ppl say that the selling price should be around invoice (before holiday credit) with 2.3 MF.

    Is this is a good, bad or a fair deal? Should I pull the trigger?

    Please help! Quick responses will be appreciated as I am trying to close something before Jan 3rd.

    Thanks
  • reg17reg17 Posts: 1
    Hello,

    I'd be grateful if someone knowledgeable advise if this is a decent price in CT?

    2008 535xi cpo with 26,500 miles

    Premium, sports (with multi-contour seats) and cold weather packages
    Nav
    Park distance sensors
    Logic 7 stereo
    Comfort access
    CPO warranty ends 12/2013

    Price: $36,500 (excluding $1,500 credit on CPO scheme that expired today)
  • gr8nrggr8nrg Posts: 15
    Just took delivery of 528i (ordered in November) for $2000 BELOW invoice (holiday cash included) - now that's a steal!...so, you can always do better.
  • mrcampmrcamp Posts: 7
    I am looking at the 535i Xdrive with the following options (I am in The NW surburbs of Chicago zip 60102)

    - Premium Package
    - Premium Package 2

    Invoice - $55,185
    MSRP - $59,975
    TMV - $57,481

    Purchase is within the next 3 weeks. I plan on using the invoice as my negotiating point. May be to possible negotiate to around $50K - $52K. Is this a possibility. Can others with similar specs please post what they paid? This is not a lease. I will buy with about 50% finance and 50% cash upfront.

    Thanks
  • In the market for a 08 528i. I have found several CPOs with <30k miles for about $29-30k. Just wondering what kind of OTD offers I should be giving for these vehicles? I was expecting to offer in the range of $29-30k OTD. Anyone else recently purchased a 08?
  • x021627x021627 Posts: 148
    You should be looking for about 6-7% off of MSRP. A good deal would be about $55K. I bought a 535 x drive in December 2010 with a MSRP of $59300 which I got for $53900 before the $1500 holiday cash. It was end of year so the pressure was on to make sales targets so.....I was going to order and wait till January/Feb to receive, but they were able to get a car on it's way over from the Motherland.

    It doesn't matter whether you are leasing or buying. You should be driving toward the lowest price you can get.

    Good Luck!
  • I'm STILL waiting on delivery of 2011 535i. The first delivery was stick shift, which I did not order. I've been very patient with the reorder and delayed delivery. I had more attractive offers for Mercedes and Audi but decided to stay with BMW due to the good safety ratings on the 2011, but with ambivalence due to past problems with BMWs.
    CARMAN, please provide the Feb MF (and residual) for 2011 535i 3 yr lease (I assume 2 yr is still cost-prohibitive), 12000 miles, 15000 miles, and advise if lower MF available for BMW loyalty/owners. Many thanks.
    (Also, my understanding with dealer was $1500 BMW credit for ordering in December AND the t MF would be either Dec MF OR MF when car arrives -- WHICHEVER IS LOWER. I would hope that understanding would be honored.)
  • Think twice... I took delivery of 550i '11 In Nov. m-package. Had issues with grinding in the front end which was noticed after only 200 miles. See other threads on Bimmerfest. BMW needs to proactively reach out to all current owners and provide fix and not expect owners to waste tons of time while the car sits in service bay while most of the dealers are perplexed with what to do... Some owners are seeking lemon law resolution as an alternative. Think twice.. If you do not get Dynamic handling you should be o.k. Benz E550 nice alternative and a whole lot cheaper...
  • I did NOT order dynamic handling.
    This time, didn't even get sports package -- it didn't seem to make sense.
    I ordered good seats separately, and high tech items like heads up.
  • mrcamp,

    Do you mind telling me what state you got that deal in (dont think you are able to tell me dealers name)? The deal you got was really good but at this point I just am looking for 6% to 7% which is touch to find at my local dealer and there is little competition.

    I am willing to travel!
  • I am assuming you are referring to my post below. I am in the North West suburb of Chicago.

    I agree. Competition plays a key role in how one can negotiate. I payed 6.5% below MSRP here in a suburb of Chicago. The dealer first came back with 5.5%, then I told him the other dealer 20 miles away is offering more than that, which the actually are, but the are further out than this dealer who is only 5 miles away.

    I bought a 535ix with premium, premium2.
  • jmo5jmo5 Posts: 1
    I'm looking at a 2010 535 ix with about 6000 miles, premium, cold weather and sport packages. Ask is $48000 which is close to the TMV. What are your thoughts on this price? I've been buying cars for 25 years and it's not been my experience that dealers (other than Carmax) set their price this close to what the cars are actually selling. Thanks for your input
  • Hi,
    I was wondering about people's experiences purchasing extended warranties/service contracts. My dealer is pushing a warranty to extend to 6 yr/85,0000 miles by Easy Care with either $100 or $250 deductible. (They also recommend it as it covers tires/wheels, but unlike the tires/wheels policy there's a big fat deductible). By itself costs 4226/3671 for the 100/250 deductible.

    Then there is the extended service to 6 years/ 100,000 miles, which is $2800.

    If I get both there's a discount for a total of $5466.

    I plan on owning the car at least 5-6 years.

    Does anyone have any idea of whether either or both make economic sense? the dealer told me that to replace brakes/pads/rotors, which must be done at least every other year, costs $2600-$3000. If this is the case, then the extended service would make sense

    They also say that it increases resale value.

    The are also pushing a product called resistall enviroguard to protect the paint for $700.

    Thanks for your responses.
  • kyfdxkyfdx Posts: 29,077
    1) Brakes are expensive.. I'd say more like $800-$1200. Of course, they are covered for the first 4yr/50K, so no cost to you... Every other year? My rear brakes were done at 30K miles, but now at 48K and still on the original fronts... I'd say my experience is typical.

    2) Those are big numbers for just two extra years of coverage.. If they can knock off $1000 or more, if you buy both plans, just think how much mark-up they are putting in them to start with... (and, how much more there probably still is).

    3) They also say that it increases resale value. How so? You plan on keeping the car for 5-6 years... those plans expire at the end of six years... they will be worthless to the next buyer.

    4) The are also pushing a product called resistall enviroguard to protect the paint for $700. Pure profit adder...

    Basically, over $6K for two years of extra coverage.... I think I'd rather put my $6K in the bank for four years, then use it as needed for repairs and maintenance for the next two years. Plus, you'll have the advantage of taking your four-year-old car anywhere you want for service.

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • jbob1jbob1 Posts: 1
    I am considering a 2011 BMW 535i xDrive with Cold Weather and Premium packages and navigation. I live in the Chicago area. Any guidance on deepest discount I might be able to negotiate off MSRP. Plus, are there any factory to dealer incentives out on this model?
  • Since they are already lying to you about replacing brake pads every other year I wouldn't give them too much credit. It all depends on your driving style (highway = less braking, less driving = less braking). I did not have to change my front-brake pads till 100k miles and only needed pads (not rotor). I bought the OEM brake pads from dealer with 20% discount and have independent BMW mechanic installed it. It's about $250 total.

    I believe you can also buy the extended service/warranty right before your current 4 year / 50k miles is up. If your car is a lemon prior to 4 year /50k you would want to trade it in.
  • x021627x021627 Posts: 148
    Remember you are negotiating UP from invoice. However, as I mentioned on a previous post, I was able to get about 7% off of MSRP in December BEFORE the $1500 customer cash for a 535 x drive with navi, cold and premium. My dealer threw in satellite radio and fold down rear seat and 2 final lease payments to make the deal. I'm paying $679 mo for 36mo 12K/yr.

    I'm in NJ where there are many dealers to chose from, so I would think Chicago area would allow shopping around.

    Good Luck!
  • Hello there,

    Are there any incentives in March for a 535i lease?

    What is the current residual and MF for a 10,000 mile 36 month lease?

    Thank you...
  • rajeev_rairajeev_rai Posts: 6
    edited March 2011
    Folks,

    Looking got validation on pricing in the MN - Minneapolis area for CPO 2008 535ix - 31700 miles with new tires , lease return with Nav, Premium pkg, Cold weather pkg, Heater Rear seat and Park assist. (No premium sound).....

    The offer is around $33,900.....

    Should i be buying the $2200 maintenance plan to go with this... for peace of mind

    KRK
  • stankalstankal Posts: 5
    I'm considering a 2011 535i cold & premium packages, dark wood trim & iPod and USB adapter. It's a dealer service car with 7,700 miles on it. It has been in use for about 9 months. The sticker price is $53,725 and they are offering it to me for $45,200.

    How good of a deal is that? I guess the dealer gets a certain amount of money each month they use this vehicle as a service loaner, but I don't know how much. Do they still have some room to go down and still make some money from it? The sales guy was pretty clear that that was his bottom price (he did budge $500 from his first offer after I asked him to take it down $2,000)

    Also, what's your opinion on the dealer service cars? I've never bought one before. This one looks in excellent shape and seems like good savings from the brand new one.

    Looking forward to hearing your opinions.

    Thanks!
  • stankalstankal Posts: 5
    So, either nobody is buying these cars anymore or Edmunds forums are not the place to get pricing opinions anymore. Just noticed that the last post is from more than a month ago.
  • phylpphylp Posts: 49
    Good question. I am seeing more 2008-2010 BMWs on the road, but not 2011s. This forum really helped me work a good deal on my 535i a couple of years ago. Maybe others are lurking . . .
Sign In or Register to comment.