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I am planning to buy a 530xi through European Delivery program and am wondering what kind of price to pay over the ED invoice. My US INVOICE price with options is:
Base 42225
6-speed steptronic 1210
Cold weather package 685
Power rear/side sunshade 525
Destination 695
Total US invoice is $45340.
European invoice is 7% less = $42215 (7% less + dest $695).
I would appreciate input from anyone having gone the european delivery route and some idea of how much over nvoice a dealer may be willing to take. I am in the NJ/tri-state area. Thanks.
2007 BMW 525i
-STEP TRONIC transmission
-Premium Package
-Cold Weather Package
-Navigation
-Sat Radio
Total price delivered is $46,720. This price apprears to be right around invoice. To you "professionals" out there, how does this look? Should I take it? I really appreciate any advice.
I suggest getting the sport package instead. Believe me the ride is not as bad as some say and the car with 18 inch rims looks great along with the 20 way comfort seats. Well worth the money.
Thanks
I hope this helps.
Thanks again for the help and advice.
If so, you are saying that I should land a deal of roughly: If the total invoice(dest./MACO/training) is $51,210, & doc. fee $289; $52,290 ($1080 over invoice)needs to be my total before tax/tag/title right?
Let the battle begin.
Thanks for the advice,
Akende-1
I think deals in south Florida are a bit tougher to come by. I leased a 530 with a cap cost of $1500 over invoice(inlcudes $200 mark up on acqusition fee and $500 dealer fee). Not great but fair. Could I have negotiated a couple of hunderd bucks less, probably. However, I don't think I would have ever walked out of there for $1,000 over.
My deal was:
Invoice price (including destination) + $400 dealer profit + $400 MACO + $45 doc fees + tax + license.
You may have to go out of State if that kind of deal is not possible in Florida.
You are correct. It is difficult striking a good/fair deal in Florida, especially S. Florida. I mean, you can set up a great deal that the dealer can walk away with around 1000-$1500, and many of them still refuse to accept. It is a Challenge!!!
Akende1
?, how did you eliminate dealer fees? Are dealer fees & dealer prep. fees the same thing? (Just a play of terms)
At what point in the negotiation process, is it the very last chance to strike a better deal?
Akende1
Not sure what you mean by dealer fees? MACO is for advertising and profit is profit. Why would anyone pay for anything else? Just treat dealer fees & prep. fees as profit. Who really care what those fees are. I simply ask for selling price plus tax, license and doc fees. Just as long as you know the invoice price, then negotiate from that point.
For me, I sent out a few e-mails for quotes and from the help of some very nice people on this forum, I was able to finalize my deal with a follow-up phone call to match or beat the lowest price from the closest dealer to me.
That was the best and easiest buying experience I ever had and I get to order my vehicle. Can't ask for much more.
Good Luck to you.
Once I add up all the options on a 550 I get to over 70k I figure I can get a slightly used 06 M5 for mid to low 80k. ..say with 5k miles.
Thoughts?
You can get a nicely equipped 550i for around $62K-$64K MSRP.. a selling price of $60K even..
That is a long way from $85K for a used M5..
Of course, if you have $85K to spend, and really want an M5 instead of a 550i.. then, sure... a much better deal..... go get it now..
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Thanks,
Akende1
Akende1
Thanks for all the help/input provided; I am near the end of my journey of becoming a BMW 5-series owner. I just have one last question: Are dealer document fees negoitiable? If so, what is reasonable? It seems that every dealer has its own cost for document fees.
Low_ball_88, thanks for your feedback, it has helped tremendously.
Thanks,
Akende1
I found an '02 540 with 20K miles. The dealer (non-BMW) obtained it as a lease return, and is asking $33K. My main concern is that it is not CPO, and has no factory warranty. He offered to sell a 3yr/100k extended warranty for $2.4K.
What can I do to mitigate my risks in this deal? How can I tell if these were 'hard' miles...
On the other end of the mileage spectrum, I found an '02 540 with 52K miles from a BMW dealer, and this one is CPO, which adds 2 years to the already expired factory warranty. This one can be had for $27.5K
Which of these 2 should I focus on?
Thanks.
Thanks for your prompt response
Towards the end of last year, BMW offered sales tax credit to new buyers. Depending on the state, one could save 6.25% without any negociation. Does anyone knows if this program will be offered this year? I have forgot the months, I would appreciate if someone can tell what month they ran this promotion. Thanks.
fm
What a great board. Great comments.
From what I've read, it sounds like I've got a good "sale price" but not a good lease rate. But it would be great for someone to help clue me in before I buy....
2007 530i Sport
15,000 miles per year
36 month lease
MSRP: $57,070
Residual: 60% = $34,242
Sale price: $53,930
Base pmt: $701.19 (+tax 57.85)
These numbers were shown as well
"LSE FCT 0.1750" Due FLSR: 52,337 gp+pac+inc: 51,936
Drive off: 1993.60 (1st month 759.04 + 449.75 lic, + 725 BNK + 28 DMV
Thanks for any help.
Also, I think you should ask this question on the lease forum since the host there recently say that you should pay $0 at drive off. Go to that forum and check it out.
the $53,885 includes: $380 MACO, $45 Opt TTL, $180 Training - not sure who's getting training......
Now i am looking to sell my 2003 and purchase/possibly lease a 2007 5 series. In my 2 trips to my sacramento area bmw dealer, i feel like i am getting ripped off. I am finding that sacramento just doenst have the competition, the inventory and treats their customers poorly.
The dealership i went to had 1 of each 5 series on the lot, and that was it!!!So they were really pushing the ones on the lot, even if it wasnt exactly what you wanted. Then to make matters worse, they wouldnt negotiate off of the invoice only off of msrp... which was like pulling teeth. Also, they wouldnt negotiate until they new if i was going to go lease or purchase. This shouldnt matter, and didnt with my 2003. I hate the game of 'how much do you want to spend each month'... it doesnt matter-- what is the bottom line on the offer and that should be it.
My question is-- should i just give up on sacramento bmw dealers and go back to sd? has anyone had a good experience just doing the negotiation and purchase via the internet.
I would really like to get my 530xi but i am soo frustrated with my preview of dealers out here... i w :mad: ould love some insight/guidance on my next best steps to getting my car i want and not feeling like ive been 'raped'.
i was interested where you ordered your BMW. You have ordered the exact car that I want and have been dealing with the fleet manager and some other dealers in the bay area. Where did you end up buying your car and what was the price out the door? Thanks so much for your help.
i thought i talked with the fleet manager but not sure.
he basically told me to take the deal from the other dealership. LOL
Could it be that you are trying to buy a car on the lot. You get a better deal ordering the vehicle since the dealer is just a pass through and do not have to deal with inventory.
I am looking for how much to expect in the Houston market. I am interested in a 2007 525i w/ premium + automatic. MSRP is $47,470 and Edmunds dealier price is $43,925 (including destination fees). The best deal I have so far is $46,270 (which is $2,345 over invoice), though below the Edmunds True Market Value....
I got Premium pkg, Sport Pkg, Heated Front seats, folded down back seat, Navigation, Metallic Black exterior, black interior and tax, everything OUT THE DOOR FOR 58,247.00 INCLUDING CALIF. TAX AND ALL FEES. I ordered this car to be built in Germany and will receive it in December. If you want a great experience buying a BMW go to the Fremont Dealership
1. I am able to get a 2006 BMW 525i with about 10000 miles on it for 40K. Worth it? It has premium package, automatic transmission, heated seats.
2. I hear early 2006 models have a Aluminum Block engine instead of Aluminum Megnisium. Does that make a lot of difference?
3. My dealer confirmed that in 2008 they will have 528i. Should I worry too much about my car depreciation thinking about that?
MSRP 55,570
Invoice 51,290
Tax + license = 4,780
OTD = 58,247
TTL = 4,780
Purchase price = 53,467
So it looks like you paid $2177 over invoice. Are you sure you didn't forget to include the automatic steptronics transmission. Then it would have been a decent deal. In the Bay Area, you should only be paying $1000 over invoice and that includes the MACO.
If you have not already put down a deposit, I would shop around and order another vehicle elsewhere.
You are not buying a used car so it really doesn't matter to see it first. Just order one.
It is a beautiful drive down the California coast. BTW you will enjoy the twisty roads in your new BMW.
Of course, if the dealer will drive it to Nevada...
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That is a good deal. The deal I got last May for an 07 530 was slightly better with only 2 e-mails and 2 phone calls and the deal was done. It is definitely cheaper to order a vehicle since it is only a pass through for the dealer, no inventory to deal with. You get a good deal and they make money without doing much. It is a win-win.
Hope that info. helps you.
Just ordered a 530XI last week. I remember seeing an address for a website that allows you to track the car as it is being manufactured and/or shipped. Does anyone have that?
Thanks,
mark1234
07 525i
Premium & Cold pkgs
Comfort seats
Navigation
Auto Transmission
Price: $50,100
Lease payment: $659 (includes tax & 7 security deposits)
Seems like the price isn't discounted much off the MSRP.
Acquisition Fee: $625
Good luck.