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Brand new 2001 525, or '98 540 with 35.000 miles?
Has anyone used these guys before? And should I be worried about buying through an auction, even if they certify that the car hasn't been wrecked, the car is still under warranty and the auction will take it back if I suspect it has been wrecked?
Any wisdom would be greatly appreciated.
Both cars would be under warranty. If the 540 is certified pre-owned even better.
Either way you probably can't go wrong.
If I were you, ill take a minute and no rush. Auction...I don't know. May be spend couple more thousands macaronii, but get a clean one, with decent mileage...you know. That's my opinion.
What I noticed at several dealers, the tag price is about $2.000 above MSRP price. So what I should wish is to get the car at MSRP price? Where is the deal?
(The car I am looking for is a 2001 525 fully loaded.
MSRP = around $41.000
Tag price = around $43.000
MY DEAL = ? )
The Cavalier and Impala are FWD, hence they use TRANSAXLES. All BMWs are RWD, so they use-can you guess? TRANSMISSIONS!!! So... do you think they share the same components? BMW uses both GM and ZF automatic transmissions; all the data indicates that there is no significant difference in reliability. Now, go troll in another topic.
In other words, I'm going to purchase the car with $2.000 below tag price, but $0 below MSRP. Buing the car at MSRP price does not look for me like a good deal!
What can I do to go under MSRP?
(The car I am looking for is a 2001 525 fully loaded, except phone.
MSRP = around $41.000
Tag price = around $43.000(bit over)
MY DEAL = ? )
Between the A6 and the 5-series, I chose the 5-series for the following reasons:
Low depreciation (vs Audi)
Of course, you may have different criteria.... just drive thwm both and you'll decide. If it's for your wife, she might like the 5-series more; as I am sure you will also; simply because it is a "driver's" car... yes the choice was tough, but in the end, I am completely satisfied with my new 5-series.
Also, 5 series is good priced, very close price between invoice and MSRP.
But why alse were biger descount than here?
Want to purchase a new 540i but would wait for 2002 if new features are available, like:
4.6L (+ HP, torque)
Push button start
new trim line
Does anyone think there's reason to wait? Will be purchasing through military sales in Germany. Bought a 2000 323Ci and got a great deal (29K loaded). 540i base price is 45,300 over here, with no tax or other fees.
You can potentially knock an additional few hundreds off the price. With the phone, this means that the MSRP is raised by 2K - your tag price. Getting your car for MSRP (BTW sticker) is already 2K below "MSRP," but you pay for the phone. (even if you don't want to - the car comes with it)
Here is your equation (basic costing accounting 101)
=> MSRP = around $41.000
=> Tag price = around $43.000(bit over)
=> MY DEAL = ? )
=> "I'm going to purchase the car with $2.000 below tag price, but $0 below MSRP"
This is one perspective (1)
NOW=> MSRP = around $39,000 (2 K discount)
NOW=> Tag price = around $43.000 (assumes 2K for a phone-no discount)
NOW=> MY DEAL = around $41,000 (original MSRP)
Why? because the car comes a phone!!!!!
This is the second prespective (2)
You get a free phone with your car at MSRP
Don't forget that a phone costs the dealer (time and materials) Your dealer is not your local cell phone kiosk and will chage more than $99 for a phone. Why they charge 2K is another topic all togeather.
Please do not expect that someone will tell you that you can get a few thousand below MSRP and go to the dealer with that info (since the car comes with a phone, you have to factor it in). In your posts you are not accounting for the phone in your pricing equation. Anyone indicating to you that you can get the car for much less (say 2-3K is probably putting you on)
Hopefully this helps without having to write a cost accounting chapter.
Two dealers in my area quoted me $4,000 over invoice at $48,470. I am going to order the car for delivery and therefore they will have no carrying costs. I thought $2,000 over invoice would be fair (neither cheap or generous) for a car not in on the lot. I am willing to wait the 2 or 3 months for delivery. The model I want is pretty loaded with an MSRP of $49,695 and an invoice cost of $44,470.
If anyone could share the amount they paid over invoice for a new 2001 530i I would appreciate it. These offers smell a little and I might go out of town for better deal.
I think the dealer just pump up the price, this way, after 2k rabate, he can still sale the car at MSRP price. 100% profit for dealer (if not more!).
If you take the list vith all the options and stuff, and add what the car have (without phone-is no phone!), at MSRP price, your price will be around 41K, but the tag price around 43K.
If the car is just bumped up by 2K, ask why. AN honest dealer will give you an answer, even if the answer is "profit"
The 525 in my area, the Northeast, is a very popular car and most dealers are not giving as much of a discount on the 525 compared to the 530. Two of my friends in the west coast (SF and Seattle) paid below MSRP for a 330 and a 525 respectively. Their dealers discounted the car, eventhough it had to be ordered.
If the guy is not willing to go below MSRP - then (as indicated in posts by others) it is wiser to find another dealer.
1. What's best: big dealer (as Beverly hills BMW, Santa Monica BMW...etc), or small, as they are in small city (they are a lot)?
2. It will be good to purchase a extended warranty, or not?
My dealer required a $500 dollar deposit.
BTW, I posted the same questions as you on this board. Check the posts numbered around 177-180 (I think). Good Luck.
To be onset, look at the price. See the difference between 525 and 540, then between 525 and 530. You can bet on BTW manufacter, he knows how to price these values! Better than me and you!
I think is a bit difference about some options, but is pretty much the same car.
As for which i'd get, i'd go for the 530 for 3K extra. It's better than saying "what if" for the next few years. And if it makes you keep the car longer, you've saved money.
Knowing that the 530 is hard to get (always on order) I thought someone here may be interested.
The dealer is in New York - I'll post the name of the dealer and contact if someone shows interest.
They will have a 525 service loaner back in this week that I can test. I plan to check with other dealers to see if I can find a 530 to test drive.
BTW, I test drove a Lexus GS300 today. Nice car. If I compare how I was treated at the 2 dealers, Lexus and BMW, I would buy a Lexus hands down. lexus went out of there way to be helpful and they have excellent service procedures after the sell. BMW folks didn't want to acknowledge that I was there.
BMW before and am a little fearful of the "what if something goes wrong"
syndrome. Does anyone know if this was a good car, or if there were problems
particular to this year/model? What to look for?, or did you just love
yours? I'll have to admit to loving the feel while test driving this one.
Thanks for your help, I learn a lot from this site.