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

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Comments

  • I'm probably the wrong person to make the following statements - since I'm on the list to get an M5 at $90,000 +/-.

    However, I fail to understand the value of a 2006 U.S. delivery 530i at $55,000+ when, as "habitat1" pointed out above, a 2006 550i can be purchased for well under $60k though European Delivery (from a dealer that discounts ED prices / not all do). Several excessively priced 530i options are standard on the 550i and the choice of transmissions is essentially a no cost option.

    Don't get me wrong, the 530i is a fine car, I just don't believe it is a good deal anymore, at any of the prices posted above. If I were really on a budget, I'd drop down to the new 330i and save a bundle. If I could afford a 530i, I'd check my spare change box and figure out some way to jump up to the new 550i.
  • sharplab10sharplab10 Posts: 2
    New to BMW and considering 5 series b/c enjoy the 8 cylinder performance. Will most likely consider purchase in next 3 months. Question whether to go for 2005 545 or 2006 550. Conventional wisdom tells me I should be able to negotiate a better deal on 2005 (about 2K over invoice price). Any thoughts appreciated.
  • habitat1habitat1 Posts: 4,282
    Your conventional wisdom of getting a better deal on a leftover 545i sitting on a dealers lot (if you can find one to your specs) is probably right, vs. the 550i when it first appears at the dealerships.

    However, going the ED route, my only difference in price will be the actual invoice increase of the 550i vs. the 545i. The best I could do on either would have been $1,200-$1,500 over ED invoice - and the 545i was discontinued for ED pick up a couple of months ago. Not to repeat myself, but my discounted ED price on a 550i will likely be about $3,000 LESS than your $2k over US invoice on a leftover 545i.

    The sales manager at my hometown dealership deterred me from the 545i the day he drove the first 750i they delivered severla weeks ago. He had expected the difference in the new V8 to be minimal. He now believes that, equiped with a 6-speed, the new 550i will approach the former M5 in both actual performance and engine responsiveness. I drove a 2002 M5 for a weekend a couple of years ago and that analogy was music to my ears.

    So if your passport has expired or your averse to flying to Germany for a long weekend, a leftover 545i may be the best you can do. But I would look for MUCH better than $2,000 over invoice. I could have purchased a former 540i in 2003 for $4,000 UNDER invoice when they had dealer incentives to make way for the new 545i. The 550i is not a redesign, but the difference may still warrant some factory incentives to move out leftover 545i's.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,946
    I think you can still do ED on an '05 545i, so that part will be a wash...

    If you are leasing... the '05 545i will be hundreds per month cheaper.

    And, they aren't leftovers, yet... There isn't an '06 V-8 5-series available until this fall.. They are still producing the '05 545i.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • hpowdershpowders Posts: 4,269
    Hey kyfdx. Do you know the current residual and money factor on the 2005 545 for 3 years, 36,000 miles?
    Thanks.
    hpowders
  • frank310frank310 Posts: 44
    kyfdx & Sergey:

    Thanks for your help, I finally signed an order for a 2005 545i with:
    NAV System
    Steptronic
    Cold Weather
    Premium Sound
    Sport Package
    Rear Side Airbags
    Rear Sunshades
    Fold Down Rear Seats
    Rear Seat Heating
    SAT Radio
    Heads Up Display

    MSRP: $67,525.00
    Invoice: $61,700.00

    36 months, 10k miles p/year, $2555.00 total out of pocket, $730.33 per month including 6% NJ tax. I got pricing from 2 dealers here in NJ that were only $10.00 apart on the monthly payment.

    Based on my original negotiations it looks like I did alot better, as I was originally looking at a 545i with a $64,??? MSRP, $2700 out of pocket,36 months 12k miles per year, $776 per month. Is BMW giving dealers a rebate on the 05's? According to my figures it looks like I'm getting this car very close to invoice.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,946
    59% residual.. .0010 money factor..

    Moderator - Prices Paid, Lease Questions, SUVs

  • hpowdershpowders Posts: 4,269
    Thanks. That's what I figured.
  • 550i550i Posts: 1
    habitat1, I am in pursuit of a 550i @$1500 over as well. I have called 4 dealers and told them exactly what I wanted and have had zero returned calls. I would be interested in the name of your dealer if you are willing to share.
  • I went to the dealer today and the salesman offered me $1,500.00 over the inovice for an 06-530i. But after reading the several posts from different members, I've decided to wait for 06-550i and go through ED.

    The dealer in So. Cali told me that he still doesn't have any information on the
    06-550i, but he would give me a call when he did receive any info.

    habitat1, I would appreciate the name of your dealer if you're willing to share.

    I would appreciate if any members has any additional info on how ED works. Is there any other websites that offeres in-detail info would also be nice.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,946

    Moderator - Prices Paid, Lease Questions, SUVs

  • Thanks alot...very helpful.
  • isabelleisabelle Posts: 3
    ...has anyone placed an ED order for a 2006 550i in the Houston, TX area? I have tryied to talk to (2) dealers and received very little information...

    Thanks.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,946
    I don't think the 550i is even being built yet.. You can still order an '05 545i... So, I doubt they have much info to give you, or can even place an order yet.. Certainly, they don't have pricing information..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • petppetp Posts: 43
    how much is due at signing on a typical E60 zero down lease?
    (do not want to pay the taxes up front)
    thanks!
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,946
    On any lease, you can roll the acquisition fee and taxes into the payment.. You can also waive the security deposit in exchange for an increase in the money factor (not recommended), and probably roll in all the other registration fees and costs, as well..

    In fact, this is the way I like to do it... Nothing but 1st payment and security deposit upfront.. That way, my monthly lease amount reflects the exact cost of the vehicle.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • kyfdx
    can we negotiate the money factor? i called a dealer looking for 530i 2006 they are asking MF of 0.00310 i told him that i heared that in june will be 0.00195 he reply its up to the dealer to decide how much charge the monet factor>>

    is it true?
  • ho much is the invoice price? where in so .cal

    called 3 dealer in my area here what i got in 100 mile radius fresno

    on 530i premium pkg and sport pkg only 36 month 15k 2500 down

    1- valley bmw 850/month

    2- bakers field 750/month

    3- Visalia 825/month

    is it possible get deal under 700/month???

    also i mentioned the new june factors 0.00195 they told me that BMW decided not to because the 530 selling very fast???
  • from what i read in this nice forum that the best deal is 1500- 2000 over the invoice , where can i found the invoice price???
    im looking to lease 36/12k

    530 i 2006 prem pkg. sport pkg , in california>??? can i get a deal 650/month
  • petppetp Posts: 43
    those numbers seem insane to me. 850 a month???? get a 545...its cheaper.
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