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

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Comments

  • hoopsrefhoopsref Posts: 140
    If you have an invoice of $42,000 (I also included the dealer MACO (@$350) and training ($160) they are charged per vehicle) then yes, you should be able to get that for $3,000 UNDER invoice. Some dealers will not give any or very little of the incentive to you, others will give most of it. They also get some additional profit back from CSI (Consumer Satisfaction Index). This is in place of the holdbacks some other manufactures give to their dealers. This maybe 3% or more and is based on the ratings they get from their customers, like you & me. Tell them you plan to give the highest ratings so they can get the most out of the deal. I believe this CSI is not just affecting your purchase, but prior ones as well. You find some of the dealers that are farther away more willing to give you the better price since they look at your sale as a "found" sale. One they would not have got in the first place.
  • scorpion3scorpion3 Posts: 5
    Just bought a Jet Black 530i with sport/premium pkg/step/xenon and park distance control for $42075 from a bmw dealer in mountain view, ca. It's $3K below invoice with $320 MACO plus tax and license.
  • ramib1ramib1 Posts: 6
    Thanks for the tip on how to contact the fleet mgrs. Question: is there a specific reason why you should fax rather than simply email them?
  • mikeburkmikeburk Posts: 11
    I tried to email you at your aol address, re: your 525i purchase at Allison on June 29th for $35,990, but my message came back. Have you changed your email address? Allison claims they have no record of a sale to anyone by your name in the last two months!
  • hoopsrefhoopsref Posts: 140
    The email may not get to them at all or timely, depending on how often they check it... Maybe they are on vacation... The fax can be handed to them or the person in their place if they are out for any reason. If you purchase the "fighting chance.com" program, they give you all the methods including faxing, emailing & face to face. The also tell you what to say. When I did my faxes, I gave my office phone & fax numbers, and my email. I received responses by all three to begin with and emailed after I had a peson I was dealing with regularly.
  • leslieh1leslieh1 Posts: 14
    I kept at them, I think using the CSI argument helped, and was able to get very close - within $100 to $200 one way or another, of $3,000 off the invoice for a 530i. Will close the deal on Saturday, thanks to all again and again.
  • bmwmaniacbmwmaniac Posts: 1
    Got me a 525 with prem pkg + Xenons + fold down seats & Steptronic for about $2500 below invoice ~ 36990 + tax & title. The info here is incredile. Thanks to everyone on this list for their help.
  • kennynmdkennynmd Posts: 424
    are the incentives on the 5 series over with? I just checked for it and there wasn't any available. Any idea when it will be available again?
  • kseshadrkseshadr Posts: 24
    I'm being offered a 530i with Steptr/ Premium and Xenon for about 36,400; taxes/tags extra.

    Good deal?
  • hoopsrefhoopsref Posts: 140
    On a brand new one? WOW, that is the best I have seen yet. Where is the dealer located? At that price, people should be willing to travel (even fly) to take that deal. That is a $2,000 savings over the best prices I have seen. Grab it asap, before they change their minds. Does it come with an engine? Tires? LOL
     I have done extensive research on the BMW's and just bought last Saturday. My quick invoice number is; Original Inv.= $41,320 less dealer incentive $4,000 = $37,320. You are below that by almost a grand. That is great. I don't know how they are doing it. How did you get your pricing? Method...
    I had been advising by what I have seen here and in other places, that if you get it for $3,000 below invoice, you would doing very well. You just rewrote the book. I bow to your buying skills. I am not worthy of giving future advise on this car. You da man (or woman to be PC)!
  • hoopsrefhoopsref Posts: 140
    Well, until post #311 above, I thought I had an idea on pricing. Not sure about your area, but check my posts #299 & 302. You should get that car for another $2,000 less by my estimates. You may want ot drive a little, to save a lot! Heck, you can fly for that savings!
  • evantoddevantodd Posts: 11
    what state are you in?? This seems great. I was offered 37,600 on a 525 with prem and cwp. 36,400 for a 530 is amazing. I have seen used precertified 325's for over 33K.
  • drdwdrdw Posts: 21
    Even with a few demo miles on it, seems to me it is still too good to be true. If you have the price in writing, grab the car and run.
  • normalonormalo Posts: 16
    Today is the last day of the month so after doing some research and shopping over the phone I went to a BMW dealer with my friend so I can take the car home. I went to the first dealer but they could not match my price so I called the second dealer at around 1:30pm which is in Monrovia, California named ASSAEL BMW. Their salesperson named John Lim accepted the price of $1,723 drive off and $600 including tax for 36 months 15K miles and said that he had a Titanium gray available. Guess what? I got there after 45 minutes and he did not have the car anymore, so I asked him to find one, he agreed that told me that it would take 3 to 4 hours so I should fill out their credit application and go home because he would find it and have the car ready by the next day. I said I would wait because I wanted to make sure I would get that car financed today because the residual and MF will change tomorrow.
    So I waited, waited and I step out to take my friend home since he had some obligations. On the way back to the dealer the salesman tells me that he got the car. So went there and waited for over an hour to finally see the paperwork. He does not go over the paperwork with me so I tried to find the main information which is drive off, monthly payment, mileage and term. To my surprise the term was for 48 months so I told him that there was an error. Then the salesman said I guess I must have heard it wrong, it is not going to work out for 36 months. Very upset but keeping my composure I talked to the manager David Xiao who listened to my complains and reply with an apology. I asked him for him to follow on my complaint but he did not want to answer saying that it was an internal matter and was not going to be disclosed. So I got his business card and left. I spent about half of my day for them to go "oops" sorry. There must be something that I can do about it. I will not be able to get a good deal tomorrow because the residuals and MF will change and on top of that it is not the end of the month when dealers want to meet their sales quotas. I will be complaining to BMW customer service so what else can I do?????
  • joatmonjoatmon Posts: 315
    With BMWFS, you can apply and get approval at any time. This approval works for 60 dyas. If the rate goes down, you can take the new rate. If the rate goes up, you can take the old, lower rate.

    BTW, you can apply on-line.

    Jack
  • rho6rho6 Posts: 3
    Have you talked to the internet sales manager at Alhambra? My friend bought from him a 530i at $2.2k below invoice without bargain. I bought from downtown because they have the only sapphire metallic black I can find and my transaction was smooth.
  • mwd3mwd3 Posts: 2
    This site was very helpful in my research, so I thought that I would share my experience. I am in the South San Francisco Bay primarily serviced by Allison, Stevens Creek and Claridges, although there is Peter Pan in SF, and a couple others within a short drive.
    Bottom line is I was offered ANY 5 series $2500 under invoice with no negotiation. I bought mine on 7/30 (end of the month), although I honestly believe I could do the deal at any time. There are hundreds of 5s still available. Allison has a storage lot on El Camino at Highway 85 (old Emporium parking lot) that has hundreds of 2003 5s. Probably half 525, and the balance split between 530 and 540. The point is...all these dealers share inventory to swap. I believe the $4000 rebate from BMW will stay until the inventory is gone. I was told the new 5 series will hit our area in October/November. I would imagine the best possible deal would be the last day of October/November on the 2003s, if your favorite color and options are in stock.

    If you want a color that is not plentiful or a hard to find option (navigation severely limits your alternatives) scoop it up now using the $2500 under invoice as a starting point.

    As a final point, I had a very positive experience with Stevens Creek BMW. Professional through the whole organization. Once I shared my knowledge, gleaned here, of the $4000 rebate, the deal was done, paperwork signed, and I was driving home in a little more than one hour.

    On the other hand, I was treated very poorly at one of the other dealers mentioned above. When I mentioned the $4000, he cringed like King Arthur confronting the Knights-who-say-NEE in the Holy Grail.
  • normalonormalo Posts: 16
    First of all the BMW MF is not as good as the other banks on the 530I, and then the residual value of the 530I dropped today which makes this car more expensive to lease
  • normalonormalo Posts: 16
    I did talk to the internate sales manager from Alhambra and he quoted me over $700. He is the only dealer who quoted me in the 7 hundreds. Everbody else in the very low $600's
  • joatmonjoatmon Posts: 315
    Well, they've gone up then. I did a 3 year, 45k mile lease in April on a 530i SP/PP/Zenon/5 speed for $446.90 a month.
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