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



  • ctshorsectshorse Posts: 13
    NEVER EVER put money down on a lease. It's just irresponsible. In your case, get the dealer to issue you a check for the $4K. This is what I did when I got my first BMW and had to get rid of a Nissan 300Z. If you signed the papers, CALL THEM Monday and demand a revised contract with the $4K back to you. They may bump the MF a little but still, you keep the cash. If the car is stolen ot totaled you will lose that $4K. My accountant screamed at me the day after I did the deal. Then he made me correct it. Good luck.
  • I drove home my new BMW 528i today (Monaco Blue, Brown Leather, Xenon, Heated front seats, iPod, comfort Access, Premium Package). MSRP - $50,075

    To be fair I bought a demo/loaner car with 9,100 miles on it (but it will be under warranty for as long as I have it), but here is the deal.

    Term: 36 Months
    Type: Lease
    Mileage/yr: 12,000
    Cap Cost: $45,524.15 (my only out of pocket was the first payment. Acquisition fee was $825, Tax was 2618.52, title $184.30, price of vehicle $41,896.33)
    residual value: $29,669.50 ( I thinks this works out to about 65%)
    depreciation: $15,864.55
    rent charge: $6632.03
    total of base monthly payments: $22,486.68
    Monthly lease payment: $624.63

    There are no other fees detailed except the $350 disposition fee at the end of the term.

    I do not know what the money factor is as this is not called out on the paperwork. I am not quite sure how to figure this out.

    Thanks to all who have posted here. I wouldn't be driving this 528i with our all of the good info posted here. I hope this will help others.

    What do you all think of this deal? My next best deal for a similar car was $752/mo.
  • smithsongasmithsonga Posts: 123
    seems like an OK deal if are satisfied leasing a used car (demo are used...they are just allowed to sell them as untitled new).

    I got a 528i back in December, 2 yrs, 10k miles/year. $52k msrp....around $48k price if I recall. $1800 total down (doc fee, acq fee, a small cap cost reduction..about $400, long story). $600/month including 7% sales tax.
  • gjonesmigjonesmi Posts: 4
    If you purchase you BMW at a dealer that is not local, does the local dealer have a responsibility to service your car and provide a loaner.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890
    Any BMW dealer will be glad to do service and warranty work on your car..

    Loaners will vary by dealer.. Given enough notice, my local dealer will provide a BMW loaner to any service customer, regardless of where they purchased their car.. Some dealers only give loaners to their own sales customers.

    BMW NA has no policy or requirement for loaners. It is solely at each individual dealer's discretion.


    Moderator - Prices Paid, Lease Questions, SUVs

  • sergeymsergeym Posts: 262
    BMW 550 with the sport package has M-aero package standard. Check BMWUSA.COM if in doubt.
  • Im in the market for a 5 series im lookin at two vehicles a 04 530i with 36000 mil on it or a 05 525i with 28000 mil on it same packages cold weath preamium im almost getting the same deal 26500 for the 525 and 27000 for the 530 and suggestions on this decision?????
  • bmlexusbmlexus Posts: 755
    Can I just have a little experience about the 5 series

    How does it compare to lexus cars

    Hows the road feel?

    Difficult to use electronics?

  • x021627x021627 Posts: 148
    I drove a 2003 BMW 530 for 2 years. Put $45K miles on it in that time. Great car and my first BMW. Decided that the high mileage was going to cause me to be out of warranty in short order and since my commute changed, decided to instead get a Lexus 330. Nice car, but like a sofa. No real fun driving. Great for long trips. Won't be passing folks or making quick maneuvers. Since my lease was nearly up, started looking at 5 series again. No comparision at all with driving dynamics, road feels, power, etc. Cabin isn't as fancy as Lexus, but I like the spartan look and I drive makes things fun. Don't believe the critics that say it is horrible. It is not the best interface, but hardly the worst. I learned how to use it in 10 minutes and it allows all the customization for radio, climite control and other things you could possibly want. I love especially the IPOD

    As for reliability, I had no issues on the 03 5 series and don't expect any on this car also, not until possibly 75k miles, but it's a lease, so at 36K I will be walking away to another BMW.

  • I've driven Lexus GS's for 5 years and just changed over to a brand new 535i. The lexus was comfortable and powerful and the engine bulletproof. Factory service is VERY expensive, $130 oil changes alone.

    The BMW, though, is much more exciting and responsive. If you consider yourself a car person and enjoy punching off the line or zipping through and around traffic, go for the BMW.

    Personally, I'm more comfortable with a lease on a bimmer, and don't want to have the car out of warranty.
  • rudorrudor Posts: 1
    You can protect yourself from such a potential loss by getting full replacement insurance policy, like Allstate Platinum. In that case, if the car is totalled, you get a brand new car and you continue with the lease as if nothing happened - albeit with a new car.

    The increased premium is worth it. Note that this replacement coverage only applies for the first 2 years, but your down payment will be absorbed by then anyway.
  • ponytrekkerponytrekker Posts: 284
    Given that example, it's even worse. The 4k is still gone. Yes you get a new car with a new lease payment but no one writes you a check for the 4k you prepaid.

    With a lease, it's not a down payment, it's a prepayment.

    Plus that's nothing but a profit center for insurance companies as a lease with BMWFS includes GAP insurance.
  • ctshorsectshorse Posts: 13
    please ask the bank and BMW FS what happens in case of total loss.
    Work through an example like this one. You walk away with a $50K car and a 36 mos $700 payment. 6 months later you have a 100% loss. The mob puts 2 snitch in the trunk, takes it to one of their salvage yards and compacts the car into a 4x4 block and dumps it in the hudson. You are still on the hook for 30 months of payments plus the contracted value of the car at the end of the lease LESS what you put down for cap reduction. Your insurance company will make payments based on the value of the car at time of loss. This amount more than likely will be less than your lease payments due plus the end of lease car value. There would be a GAP.

    The Bank Fee you pay is intended to cover the GAP between what your insurance pays and what BMW's loss is. Your loss is not insured under GAP. Buying extra insurance from your agent to cover your cap reduction loss is not wise. Instead, you should put that money into an account designated to pay the lease. Spread it out over the lease life yourself giving you the effective lower payment you desire. This way, if there is a 100% loss, you would still have money in the bank and your GAP would be covered.
  • calvin540icalvin540i Posts: 1
    I purchased a 1994 BMW with no manual. Where is the best place to purchase one. Also, what are the "A" and "M" for in regards to the transmission.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890
    Hi calvin540i..

    Since this discussion is focused on pricing, you might have more luck in one of our other 5-series discussions..

    You can find a list of them here: BMW 5-Series

    Good luck! If you need direction to a specific discussion, just ask!

    Host - Prices Paid Forums

    Moderator - Prices Paid, Lease Questions, SUVs

  • Hello
    I am trying to order 535 with following options in DFW(incl surrounding area). Any input on the deal is appreciated:

    3.0-liter, turbocharged inline 6-cylinder engine

    Base MSRP $49,400

    Black Sapphire Metallic $0

    Natural Brown Dakota Leather $0

    Light Poplar wood trim $0

    Cold Weather Package $750

    Premium Package $2,100

    STEPTRONIC automatic transmission $0

    Navigation system $1,900

    iPod and USB adapter $400

    Park Distance Control $700

    Rear side-impact airbags $385

    Destination & Handling: $775

    Total MSRP as Built $56,410

    discount -$2,000

    Total $54,410

    This is 2000 over the invoice incl options. Is this a good deal? Do you think I can do better.
  • The dealership just called that they will do 53000 + TTL. 600 over Invoice. Seems good to me. I get it first week of July. What do you guys think?
  • netman710netman710 Posts: 3
    I got a quote for 535xi in NJ area for 53000 + TTL, similar equipment except this had rear fold-down seats and no PDC.

    Since this was for 535xi, (MSRP 58,000), I think you still have some room to go lower. I have not pulled the trigger yet, but compared a few dealers, so think this is close to bottom.

    Hope this helps :)
  • ctshorsectshorse Posts: 13
    BAD DEAL. I'm on the east cost outside philly. In stock cars are going for a discount off msrp of $4k EASY. I have a deal on the table right now for a $60,400K msrp at $52,500 SP. It's in stock. I tried to find a dealer saturday who might match the deal but a different color. None of them had a car close the $60K. But all of them were happy to do a deal on a less equipped car with $4k off of msrp. OVER THE PHONE. Find what you want in stock for the best deal. You maynot be able to find a few of those options in-stock like rear bags and parking distance control but I can't imagine why you'd want them anyway. Why not put that money into an option you's use everyday. Like a better stereo.
  • ctshorsectshorse Posts: 13
    I bet my dealer would beat that deal. i tried a few NJ dealers and most of them were way higher.
Sign In or Register to comment.