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Any thoughts on what a reasonable discount would be off of MSRP?
I'll want to lease but want to get net cap cost as low as possible because 36 mos residual is only 55%.
Total suggested retail price is 49675.
Hope this info works for you. I am not sure I got a good deal, but some stat that you can refer too.
I think you could have done better on price but so could I have.
Enjoy.
I need some help here. I want to buy a 528xi. I got a quote from a dealer in kansas for this model:
-Black sapphire/brown leather
-Steptronic transmission
-Premium package
-Cold weather package
-Comfort access
-Xenon lights
-Satellite radio
MSRP: 54070
Asking price is 50300.
Now, I live in Texas so I need to flight there and bring it back driving 12hrs. Also I was thinking about the 2010 and the value package that include almost everything I want except for the xenon lights. So dont know what to do. Since this will be my first BMW I want to have the peace of mind of making a good deal.
I
I need some advice. I found on the BMWUSA website, an ideal car. it's a 2007 CPO 530i, Alpine/Black, with Premium, Cold, SPORTS, prem. sound, and NAV. Car has 24K miles on it, it's off lease, one owner, clean Carfax, and dealer wants $36,999 for it. I called and got so excited, it's exactly the car I'm looking for, I walked away from one in January because of the stock market, but I'm reluctant to pass on this one. I called the dealer, and right away put a $500 deposit on it to hold it. The salesman, very nice guy, said they "owned the car at $36,000" and maybe there's few hundred in there, and then asked me what I thought I wanted for mine. I have a 328i, 1996 with 109K miles on it, with some issues (moon roof doesn't work, some other minor stuff that I had priced at the BMW dealer I dont' want to bother fixing yet). He's willing to drive the car to me (dealer is 60 miles from my house), then he called me back and said that he would take mine back with him, and the dealership gave him authorization to appraise mine on the spot.
I'm thinking that the price is a little high for that vehicle, and I don't want to move so fast. Should I drive out there, take the day off, and see what happens. I mean I haven't even driven the car, let alone seen it, except for pictures on the dealer website. The car is evverything I"m looking for but I"m more comfortable at $34,000 not the $36,999. Plus they're going to add dealer fees ($500, right). I"ve seen other similar vehicles with the XI that supposedly is supposed to be a higher priced model, in the same price range if not a little less. I just think that's high for that vehicle, given it has NAV.
What do you guys think? I'm going to call him on Tuesday morning and say, not so fast. Let's talk about price, or walk away. Anybody have any feelings about it.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Thomas
But it looks like you have a good nibble.
Let us know how it works out.
I would like $33k max for that 530i given the lower miles.
Listen to this. The salesman wanted to deliver the car to me in CT, and take mine away. He was going to give me a price on the spot for the trade in. Just like that. I said no dice. And no negotiating on the 530i.
Anyway..I have been working with a nice gal at one of my local BMW dealers for awhile on finding me a car. She had an identical Alpine Wht 2007 530i last December that I passed, because I was too new to it, price was starting $34,679, and then came down to $30350 three months later. Had 31K miles on it.
I mentioned to her about this car in the far dealership that I was interested in, and she told me "I can get the car for you." meaning, bring the car to her local dealership and sell it to me!! She seems very willing to negotiate, and always says "it's negotiable." Unlike the former dealer.
Have you ever heard of a dealer bringing in a car from another dealer because one of their customers wants it?? I guess it's like the real estate agents, who co-share the listings? I never heard of that. Anyway, I'm going to let her get the car after I tell her what I want to pay, which is: $34,000 OUT THE DOOR (OTD), including the trade in.
what do you think of that price? Or should I wait for her to tell me what she's willing to do?
Are the 2010 models out and is the value package an added benefit?
What is a good price. I was thinking $45,000. Priced out to 48,000 on the BMW website
I want to lease. What do I need to be looking for? Mf, etc.
Finally, do you think this car is superior to the E class, A-6 etc.
Thanks.
Switching from LEXUS, I know sport package would be overdone for me.
What are the packages/options must have? Color? 2009 vs 2010?
Quoted from BMWUSA
Base MSRP $51,100
Titanium Silver Metallic $0
Black Dakota Leather $0
Dark Poplar Wood $0
Value Package $0
STEPTRONIC automatic transmission $0
Premium hi-fi system $1,200
Park Distance Control $750
Rear side-impact airbags $385
Destination & Handling: $825
Total MSRP as Built $54,260
Thanks!
Good luck. Bargain hard. Deals are plentiful.
You will love it.
Good Luck!
you say deals are plentiful, but my dealer is holding tight to the $36,999 price, maybe come down a few hundred. Yet, the car is pretty well appointed with prem, cold, prem sound, SPORTS and NAV, low miles 24K miles. Alpine with black leath. Real creampuff. I'm talking numbers tomorrow, i'll let you know tomorrow night what I find out.
Your possible seems to be just what the doctor ordered and you are buying at the same time I did, END OF THE MONTH.
After your extensive research and your patience, I fully expect you to get a good deal. Try (difficult as it is) to keep the emotion and desire out of it. Easier said than done.
My sales girl, who's been working with me since November, was able to work with the other dealer because they are all owned by the same BMW parent company apparently. So one of the Greenwich manager's who lives in NJ, is going to pick up the car next week, and drive it over to Greenwich.
Meanwhile, the asking price was $36,999 (premium, cold, SPORTS, NAV, prem sound, comfort access, etc) 24K miles, Warranty expiration June 26, 2012. I got the car for $36,200. My heart was in my mouth over my trade in (1996 328i, 109K miles)
and somehow, they had the impression I wanted $2500 for it. Well the manager reviewed the car while I was talking to the saleswoman. He came in, and started with "well, I know you wanted $2500 for it (I never said that, I actually thought they'd offer me about $1200), but it has a few issues, and I could do $1500, maybe $2000 since you really want the car." I accepted the $2000 right on the spot, and that ended the negotiation part of it. I'm satisfied with it. Look the car has low treads in the rear set, sunroof inoperational, and ABS light comes on which the Darien dealer told me is a wheel sensor ($275).
So I'm giving them a large down payment, and financing only about 30% of it at 3.9%, she said maybe they'd do a little better. we'll see. The car is a cream puff, Alpine White, with black leather, and I am so excited I fnally found a car. I know I paid maybe a little more, but you know something, I keep my vehicles a long time, so that extra money will be amortized over the life of the vehicle.
Also - I bought the extended service warranty for $1695, which extended the service warranty until the end of the main warranty, which is June 2012. I felt it was worth the $800 per year extra for that. Peace of mind. Otherwise the 4 year warranty was running out in June 2010. I want to make sure my 30K mile servicing is FREE. Now it will be. I thought this was well worth it, I know they probably took me, but since the BMW dealer sold it to me, I have no doubt about it. It went onto the amount to financce, and yes, I realize it's a gimmick, but still it's there if I need it.
Well what do you think guys!!!
PREMIUM PKG
SPORT PKG
COMFORT ACCESS SYSTEM
HEATED FRONT SEATS
NAVIGATION SYSTEM
LOGIC7 SOUND SYSTEM
IPOD & USB ADAPTER
6-SPEED STEPTRONIC AUTOMATIC TRANSMISSION W/OD
Paid only $500 down and lease price is $719/month for 3 years with 12,000 miles/year
2009 models are scarce but great deals can be had.
The dealer in Arlington was great. Experience in Plano at Classic BMW was awful Manager was a jerk
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
any advice
Vob bmw has the most in their inventory and the people are laid back but if you want a dealership with better service, tischer is better although they don't seem to give the best prices. the passport experience with my dad was like pulling teeth but they were desperate to sell the car.
Need advice on PRICE!
Was originally going to buy a CPO 2006 330x but realized that it was smaller inside than my 2000 Saab 95.
That said, I am upgrading to a CPO 2006 525xi OR 530xi buying with the current BMW 2006 financing incentive of 0.9% for 60 months.
The two I am considering are:
2006 525xi w/15989 miles MSRP of $33,995
2006 530xi w/19997 miles MSRP of $34,995
Both are titanium silver, black leather
Premium Package, Cold Weather Package
Any advice on how low they can go on price? Never bought a used car before and never bought a BMW before, so your experienced insights would be very helpful to my hard ball negotiations.
I would definitely go for the 530 xi you get the 255 hps instead of the 215. much needed for the size of the car.
I think you have room to negotiate the 35K price to a 32K. start with a 29K offer and work your way up.
I say that from experience, just bought a 2006 530xi with 16K miles for around $31,900. I love it.
Also, Are you sure you can finance at .9% for 60 moths. I thought it was 3.9%??
Good luck
I have been looking into buying a 535i for quite sometime now. I just missed the 0.9% APR and 1500$ cash incentive also.
Now I am stuck between '08 535i space gray ext/black int with premium pkg, cold weather, ipod/usb, navigation and hi fi sound with 12k miles asking price 43888$ and '09 535i black ext/black int with the same specifications asking price 51,500$ after 5000$ manufacturer rebate.
Do you guys have any suggestions/comments on whether these sound like deals to be had or is there room for negotiations any further?
I also would like to consider 528i option just because its cheaper than 35, does anybody have experience with 228HP vs 300HP engine given the size of 5 series?
Thanks alot.
I finally saw my new Alpine Princess tonight for the first time...........2007 CPO 530i,
with Premium, Cold, Sports, Prem. Sound, and NAV, comfort access.......Alpine white with Blk Leather, Anthracite wood..........When I saw the car in the dealer's garage (they imported it in from a sister dealer in NJ), I just stood there........the car is so unbelievable to look at with the Shadowlline trim and sport rims, that I was speechless. It was truly Impeccable. My brother and I got in the car and just looked at it. I gotta say, I don't know if there is any car that can top a BMW. The dealer handed me one plate, said put it in the windshield, see you in a half hour, didn't care where I drove it (I already had paperwork and a deposit on the vehicle). I felt like I was in a dream the whole time.
I pick up the vehicle on Thursday this week. It has 24, 547 miles on it. There isn't so much as a hair out of place on that vehicle. The trunk looks brand new. Warranty coverage until end of June 2012. I got the extended service warranty too.
I am counting the seconds and minutes until I pick her up on Thursday. I ended up paying $36200 for it. Tonight, I had it in my head that I was going to try to take some more money off the table -- until I laid my eyes on that vehicle, that is. If he said, you know what, we have to get another $500 for it, I would have signed the check.
It's the most exciting and stunning vehicle I've ever driven in my life, a true achievement for me. I'm one lucky guy tonight.
Any suggestion is greatly appreciated.
Picked up my CPO 2007 530i on Thursday at the dealer. The car is impeccable and I'm ecstatic with it. When I was doing all the paperwork I was signing the finance papers (I only financed about 25% of it @3.9% from BMW) the guy tried to upsell me on those options for a higher monthly payment, and I turned them all down FLAT. He looked disappointed and said, may I ask why, and I ignored him. Gimmick.
I can't believe how this car handles. Smooth and powerful. I'm thinking why would they need an even bigger engine on the 535 model now. With what I have, it feels like taking off in a 747 when I ease onto the highway!!
Have a great weekend,
Gardis - CT
I bought '09 535i with the 5000$ cash rebate. I paid 51500$ for 535i sapphire black with premum pkg, cold weather, park distance, confort access and navigation. Was oroginally priced at 59775 and I bought it for 51500 after 5000 cash rebate. This sounds like a good deal to me, what do you think.
Good luck.
No, the Lexus didn't have a sport package. As I mentioned too cushy and the non sport 528xi is just the right balance for me.
Actually, I'm even more pleased knowing that that HPFP issues are not going to happen to the 528.
But again, it is a matter of taste. The e39's power plant for both 525 and 530 were worefully inadequate and I previously had a 2003 530. Tought time on inclines.....not fast at all off the block. Seems like they have done alot with the 528 with same amount of HP as the previus 530.
Just IMHO.
Congradulations on your new car.
That sounds like a good deal. Can you let me know what's your negotiation strategy and what's the invoice on your car? i got a quote from a local dealer on a new 535 i for $100 over invoice - $5000 over the weekend. I don't know if I should continue to negotiate the price lower when I go in the dealership or should I just accept the price as is and not letting the guy feel I am low balling him.
100$ over invoice is a great deal. The invoice of my car was 55400$. If you are getting the same car for 100$ over invoice you can potentially get it for 1000$ less than me.
Go get it! It cant get any better than this. Let me know how it goes.
2009 BMW 535 i xdrive demo with 6100 miles.
Original MSRP 59670
Vehicle options:
Cold Weather Pkg
Premium Pkg
All Wheel Drive
Steptronic Auto trans
ipod & USB adaptor
Navigation system
Sattelite radio w/ 1 yr mbrship
destination charge ($825)
Offering for $51995 minus 2500 cash = $49,495
Money factor .00175
36 mo. lease
50% depreciation
$725 Acquistion fee
$201.46 Document fee
$650 Security Deposit
6% sales tax
Dealer says lease payment comes out to $639 per. mo (includes acquision fee) tax extra (150 due as a total amount at lease signing), but I'm not sure if this is accurate. I used a lease calculation and came up with $584 (which includes tax and acquision fee built in) but maybe my calculation doesn't count because I used a calculator for leases that have to be new cars? http://www.edmunds.com/advice/leasing/articles/48365/article.html
Not sure, since this vehicle has miles on it.
How does this look?
And how do I know that the mileage hasn't been manipulated?
Last info I had:
1st 500 miles are free... after that, $0.30/mi. (used to be $0.15, until this year)..
6100 - 500 = 5600 miles X $.030 = $1680.00
Lower the residual by that amount.. (change the residual % to 47.2%, and it will approximate it), and see how that changes your calculation.. I think it will put it pretty close.
regards,
kyfdx
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Cold weather
Value Pkg
Premium Pkg
Sport Pkg
CA
Power shades
PDC
HBA
Active Cruise
Nav
Logic 7
invoice 61,370.00
msrp 64,400.00
36 months with 0 down 15k yr 909 month
Which is very close to TMV price on this site, any comments or suggestions on this price.
Rock
The dealer has NO incentive to work in your favor. If the car is in good shape, low miles, etc., he would rather buy from BMW FS at auction rate since they get first shot, then certify and make a quick $5000+.