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2013 and earlier BMW X5 Prices Paid and Buying Experience

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Comments

  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,908
    $625 is the base acquisition fee that BMWFS requires. They allow the dealer to mark it up to $825 for extra profit.

    Moderator - Prices Paid, Lease Questions, SUVs

  • 1v1,
    If your MF was 2.3 then probably you had lots of options on your X5?
    What options did you have & What was your total invoice price (including Options)?

    Also, did your down payment included any security deposit? What was included in down payment?

    Thankss
  • 1v11v1 Posts: 9
    xwoogiex,

    Thats right. I had quite a few options.

    Premium pkg
    rear climate pkg
    technology pkg
    heated front seats
    heated rear seats
    running boards
    comfort access
    headup display

    My invoice price is $53220. I paid $1300 over that so my sale price is $54,520.

    In my drive off fees, I am paying the first month payment, security deposit, registration, etc.
  • I was told that too, until I walked in and said here is what I am willing to pay, I will sign papers right now.I just moved to boston, and have an established relationship with a dealer in NY, so I said I knew that guys doesn't play the games that are all so common in boston.
  • 1v1,
    I called your dealership. They say they can place a new order for me. they are offering $2000 over invoice. But I'm sure they'll come down. Do u know any good salesman to work with there?
  • 1v11v1 Posts: 9
    xwoogiex,

    Don't talk to the regular sales guys. Talk to someone in their internet department - Mark or Steve. They'd give you the best deals.

    Not sure why they can't offer anything lower than $2K...what is your invoice price including options?

    The other dealer who came very close was New Century BMW. Talk to someone in their internet dept as well.

    Hopefully you can find a good deal. Good Luck.
  • Hello. I am new to this forum and in the market for a new X5. This will be my first BMW. I've received the below quote and would like input (good deal?). Thanks!

    E-mail from dealer:
    The price quoted is $2,000.00 off MSRP or $1100.00 over invoice plus destination and handling.
    MSRP $54,775.00
    Discount $52,775.00
    NJ Sales tax $3,694.25
    Luxury Tax $211.10
    3 yrs Registration $334.00
    Motor Vehicle doc $125.00
    Tire Tax $7.50
    Total $57,146.85

    Thank you,
  • pico1pico1 Posts: 1
    i want to order a new one right now....when do they stop building 2007?

    do dealers discount msrp on 2008 this early? I am in LA

    thanks

    Pico
  • how many other suv's have you looked at? I can't help but suggest the Audi Q7 3.6 Premium. what packages are you getting the X5 with? Do you feel comfortable with the IDRIVE, it would be a shame to spend that much money on this car and decide a month later, the system is miserable. Maybe its me, but the discount seems a little low. I think this is probably a 3.0 l model considering the price. I need to know what options you are looking for, but if it is just the base vehicle, I have 2 suggestions, look for a low mileage 06 2) start your offer around 45000 which should give you more financial room. I doubt they will take the price, but the middle ground should end up around 48K or 49K. Offering 48 or 49 off the bat is going to get you nowhere. If you give me more information I might be able to help you.
  • jdk03jdk03 Posts: 3
    Car_man - this is for you or anyone else as knowledgeable...

    I've done the research and driven at the nearby Atlanta dealer in-town and got the $500 sticker offer from them. So I did more reasearch (including here) and went to the "Internet Sales" guy at the dealer 20 miles away asking for the best deal.

    It's much better than the nearby dealer but still off - so I'm looking for advice on what to counter offer. First, their offer:

    2007 X5 4.81, Sports, Premium, Technology packages + 3rd row, Napa leather, Cirrus, and iPod

    MSRP: 67,320
    Invoice (according to edmunds): 61,900
    Dealer offer selling price: 64,585
    Acquisition fee: 825
    Money Factor: .00250
    Montly Lease (without tax): 901.27 ( with 7% georgia tax = $964.26)
    "Doc Fee": 399

    Based on what I've read here there are a few areas where I'm being "bumped"
    1) Selling Price - I've heard $1,000 over invoice is a good deal - this is $2,600 over...
    2) Base Money Factor Lease rate should be .00230 right? (equiv of $710 more off of sticker)
    3) Acquisition fee should be $625, anything more is their profit.
    4) "Doc fee" seems ridiculous. I've heard "a few hundred" is typical, but $400?

    So, is it reasonable to counter on all these points? Which onese are easiest for the dealer to give up on?

    Here's my ideal for the above vehicle - is this unreasonable, am I dreaming?

    MSRP: 67,320
    Invoice: 61,900

    1) Selling Price: $63,400 ($1,400 over invoice seems reasonable for the dealer right?)
    2) Money Factor: .00230 (the base rate - no bump)
    3) Acquisition fee: $625 (again the base - no bump)
    4) "Doc Fee": $200 - seems like just profit but it's a compromise...

    This would translate to 890.36 monthly lease (before tax, 952.69 including 7% georgia tax)

    Any feedback? Thanks in advance.
  • nyccarguynyccarguy Stamford, CTPosts: 7,111
    You should definitely be able to get the base .0023 mf and $635 Acq Fee. The only thing on the invoice that isn't on the edmunds invoice is the $180 Training & Services Fee and the MACO (advertising fee) $300.

    That $400 doc fee is PURE PROFIT! Maybe if they won't budge, agree to pay the $825 ACQ fee if the'll take off the $400 doc fee (I think it is capped here in NY to $45)

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • jdk03jdk03 Posts: 3
    Me again. Sorry I forgot to mention this was a 36 month, 10,000 mile lease.

    AND - since I'm close, I would consider picking up at the Plant in South Carolina - would this save me anything (like the destination fee?)
  • Destination fee $775
    Acq fee $875
    Security Deposit $750

    Is this true we have to pay all these Destination, Acq and deposit (refundable?) fee for leasing or some are just add up from Dealer?

    Thanks.
  • nyccarguynyccarguy Stamford, CTPosts: 7,111
    The ACq fee should be $625. The other fees are kosher.

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • kabbalahkabbalah Posts: 36
    My X5 4.8 is 2 plus weeks new. I tried everybody around to get a strong deal. Fact is there were not a lot of 4.8's around. There seems to be a few more around now so perhaps the deals are getting better. I am also in Atlanta. This was my deal almost 3 weeks ago.

    X5 4.8
    Sport pkg with 19' wheels
    Premium pkg
    Premium sound
    Rear climate pkg
    Comfort(multi contour) seats
    Comfort access
    Running boards
    3rd row seat
    Heated front seats
    Park distance control
    Ipod USB adaptor
    Navigation
    Satellite radio
    and Dealer added BMW towing hook/pkg

    MSRP before tow hook is $71,820

    36 month, 12/k year, .00230, 60% residual

    In addition, there was an $825 aquisition fee from BMW FS, and a $499 doc fee.

    Deal was a little complicated because I rolled $2K in mileage overages, and drive off into the cap. Car was roughly $2500 off MSRP. Monthly payment (only 35) is $1134 plus tax.

    Having moved from California a couple of years back, I found the doc fee very high but it seems the norm around here. You probably could save $200 on the aquisition fee, and the MF should be .00230 if your credit justifies it. I don't think that you can come anywhere close to negotiating $1K over invoice. If you were talking about the 3.0 X5 then I would say that's easy. The 4.8's are much tighter. Picking up the car in SC will not save you a penny, although I'm told that they will give you a tour and some driving instruction/courses over there. I am very happy with the dealer from whom I leased my car. I would be happy to give you his contact info. They are 100 miles outside Atlanta, and I'm told that they pick up and service vehicles in Atlanta for their customers.
  • jdk03jdk03 Posts: 3
    Thanks for the info.

    I ended up getting $3,200 off of sticker (MSRP 67,320 selling price: 64,120) BUT Paid 825 Acq. fee, $499 doc fee, and .00240 MF (.00230 is buy rate, adding that extra .0001 was the equivalent of about $500 in selling price which means it was like only getting $2,700 off of MSRP) Looks like we got about the same deal...
  • I have owned several BMW's and currently have an '04 X5 which I am due to turn in off lease in September. Does anyone have a clue as to why BMW is not offering any lease specials on a vehicle that does not appear to be selling well? I travel the US for work and have specifically looked for new X5's on the road as I visit different cities. I don't see many at all, so I thought BMW may offer some special incentives, not true. Also, their lack of any owner loyalty programs really bothers me. Is anyone seeing any special financing deals or know of any new programs coming out in the near future?

    Thanks,

    Dan
  • BMW will waive the security deposit if you are a current BMW FS customer.
  • i'm looking for a 2007 X5 3.0 with the following options:

    - 3rd row seats
    - premium package
    - navigation
    - dvd

    edmunds.com shows
    msrp $56,125
    invoice $51,605
    average prices paid: $54,465

    what is a good, reasonable price to expect from the dealers?

    thanks!!
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