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

1…78101213…80

Comments

  • designmandesignman Member Posts: 2,129
    Hoopsref, do I sniff a "little" sarcasm? Let's not go there. I suggest hitchhiking onto the humor.
  • x021627x021627 Member Posts: 152
    with pp and cwp? I have seen a few at $38,370. There aren't those many left in NJ. Thanks. BK
  • drdwdrdw Member Posts: 21
    With a few left, the price will be case dependent. But $38,370 seems toooo high, even assuming it's a 525iA.
    For your reference, in July and in NJ, I got 4 first offers at 36,100 - 36,750 for a 03 525 with auto, PP and CWP. I bought one without any negotiation and have been enjoying since.
  • x021627x021627 Member Posts: 152
    I see that prestige bmw has quite a few left. I'll let you know how I do. Thanks again. I agree that 38370 was high, too high for a model that they want off their lots.
  • kseshadrkseshadr Member Posts: 24
    No - took delivery Sep. 3rd. and paperwork on 3rd.
  • drdwdrdw Member Posts: 21
    These dealers are:
    Edison, Union, Morristown, Denvile and Newton.
  • layer3switchlayer3switch Member Posts: 14
    Hi folks,

    New to BMW and wanted some advice on what I should expect to pay on the following car:

    2002 530ia
    8000 mi
    Certified Pre-Owned
    Balance of scheduled Maint
    Auto (steptronic)
    Premium Package
    Xenon Lights
    Folding rear seats
    Cold Weather Package
    Heated wheel

    Dealer is asking 39,900... Any advice on if this is a good deal, or is there a target price I should aim for?

    Thanks!
  • glakerglaker Member Posts: 49
    If you're basing your statement about Prestige BMW having cars available because you looked at their on-line inventory, you might find that it is a bit out of date. The 530 I picked up last Tuesday still shows in that inventory! Make sure you check it carefully. Good luck!
  • x021627x021627 Member Posts: 152
    They only have two 525's left and both are the beigy color. I am trying to come to terms with open road bmw on a 525 with auto, pp and cwp. I'll let you know how I do. They also have several factory demo's are really good rates (e.g. white/grey 525 with cwp, sports package, pp, xenon with 7100 miles for under $40K. Never been titled and balance of warranty applies.
  • hoopsrefhoopsref Member Posts: 140
    Good Price? "I don't so Tim!" A new one with incentive would be @ $37K. You need to work on them and read my other posts on pricing. Supply & demand of course can come into affect somewhat.
  • clanatclanat Member Posts: 1
    Hello-

    New to BMW and Edmunds, in fact have only purchased 4 autos in my 55 years.

    Dealer in Illinois has a couple of 540IA's and can get a color I prefer through a transfer.

    Asking $53,800. Cold weather and sport packages, with digital sound.

    Are 540's a recommended model by owners and any advice on price would b helpful..

    Cant wait for 2004 as i need a car now.

    Thanks, in advance.
  • hoopsrefhoopsref Member Posts: 140
    Welcome to the board. There are alot of great people who can help with your questions. Some of the 540 guys should jump in and help you. As far as the price on the 540iA you are looking at, I don't think it is a good deal at all, IF the incentives are still going (which I believe they are). Please read some of the prior posts I writing about "fightingchance.com" (and/or visit their site) and methods of negotiating.
     But in a nutshell; You can get pricing info here on Edmunds. When we discuss a car's price here, we try use the invoice as a point of reference (without taxes, license fees...) The MSRP is $53,395 and the invoice is $53,360. NORMALLY, the price you have would be only $500 above invoice and be great. However, there is a $4,500 factory to dealer incentive the dealers are not to tell you about. In this case he is making $5,000 on the car (at least). $1K to 2K over is "normally" the maximum the better negotiators will pay. In your case, you could be under $50,000 if you try hard.
     Again, see my posts for tips we have beat to death the last two months...lol
  • prelecprelec Member Posts: 15
    I'm looking at a 03 525 w/ steptronic pp,sp, cwp, power shade, dsp stereo, &xenon. The dealer offers me $41k. Is this good? it's titanium silver. 37 mi. I haven't ever posted on one of these boards. Thanks, prelec
  • cheezhedcheezhed Member Posts: 44
    I paid about $55,000 in July for a 2003 540ia with pp,sport pkg.,premium sound, spoiler, Nav., and window tinting. It sounds like about the same deal you can get yours for, considering equipment-for- equipment. I tried to get it for less and after much brow beating and negotiating, this is the best I could do locally. In the process, the one I wanted, a white/beige was sold and I took the titanium/gray, my second choice. It was also a supply and demand situation. So...if one of the above poster's thinks you can get it for under $50k, more power to him.
  • drdwdrdw Member Posts: 21
    It's a good price. If you want dealer makes ~$1000 profit, you should pay only ~$39.5.
  • kseshadrkseshadr Member Posts: 24
    That's not a good price. You should be shooting for the 38k range by my back of the envelope calc. Get all invoice pricing from Edmunds
    Add it up. Subtract 4k. Add 800-1000 to that figure. That's what you should pay.
  • hoopsrefhoopsref Member Posts: 140
    The 525's only have a $3,500 incentive! So subtract that from the invoice and the $800+/- "profit".
  • bigstick1bigstick1 Member Posts: 4
    Which dealer has the best deal on a 525ia (41kMSRP/38K Inv.)/530ia (45K MSRP/41K Inv.)? Interested in either car.Does it really matter which dealer you purchase from anymore? They are just quoting invoice for these cars at our local dealer. Plus the extended warranty is not really offered by BMW (Priced $2300 on a new car), only on CPO cars is the warranty direct from BMW. Thus the best deal seems to be a under 10K not titled CPO car with the 6 year 100K warranty or did I fall off the truck? Help in the southeast. Blue, Green, White,Silver, Black is my preference. If a 330i,xi,cnv deal looks good let me know. I tested every car out there and it seems to me (Non-BMW person) that the 330i is hands down one of the fastest.It was very smooth compared to the G35. I can see my wife getting at least 2 tickets.
  • hoopsrefhoopsref Member Posts: 140
    Well, we have been beating this to death the past 2 months, so I don't want to boar people. Check out prior posts on pricing. With factory to dealer incentives of $3500 on 525's and $4000 on 530's, then you should get the cars for $2500 below invoice on the 525's & $3,000 below on the 530's. You need to do a little work... Good luck.
  • bmwmrcbmwmrc Member Posts: 66
    Nor do we want to "bore" people either. LOL!
  • hoopsrefhoopsref Member Posts: 140
    Sorry about that. I hate it when that happens. Was I talking about wild pigs on a BMW board? I need a nap or something!
  • giggy3giggy3 Member Posts: 11
    Tischer just faxed me and invoice. At the bottom are two fees: MACO $200 and Training & Systems Fee $160. Their base invoice at the top is $160 less than Edmunds' invoice. So that takes care of one, but what is MACO? Did you get the same thing from this dealer? Can I expect it everywhere else in the region?
  • joatmonjoatmon Member Posts: 315
    It is a legitimate item that is on invoices.
  • kennynmdkennynmd Member Posts: 424
    Are you talking about Tischer BMW in Silver spring MD? I just bought my 325ci there last month. What are you looking for and what price are they giving you. Maybe I can help by calling the salesman that helped me.
  • kennynmdkennynmd Member Posts: 424
    are you talking about tischer BMW in Silver Spring MD? I got my 325ci there last month. What are you looking for and what price are they giving you. Maybe I can help you get a better price my talking with my salesman.
  • swu12swu12 Member Posts: 11
    I have been actively looking for a new 530 2003 for a couple of weeks but haven't found one in Texas. This board is becoming quieter so I guess people might have the same expirience.

    Talked to a local dealer today and he mentioned he might be able to find a car from another dealer through their network, if I am willing to pay freight. I believe it means I will have to pay shipping twice. Does this sound odd?
  • joatmonjoatmon Member Posts: 315
    No, doesn't sound too unusual. Virtually all 5ers are at a dealership now. The cost for getting them to the origianl dealership is spent. Now, if it needs to go from dealer "A" to dealer "B", who's going to pay for that? It's not free. Somebody's cost just went up. Oh, some dealer may offer to "locate" one for "no additional fee", but the dealer has to get that money somewhere: another "fee", higher price, lower discount, less for trade, etc.
  • nkwazi2nkwazi2 Member Posts: 17
    got a 525i with premium and steptronic for $300 over invoice in June.
    Looks like I should have waited a few more days to get the car.............
  • joatmonjoatmon Member Posts: 315
    You have a great vehicle, enjoy. I bought in April and really do like the drive.

    Enjoy and Happy Motoring,

    Jack
  • hoopsrefhoopsref Member Posts: 140
    I agree, enjoy your car. You know the old spilled milk saying... and... "There's no crying in BMW's!"
    BTW, you did not have to WAIT in June. The incentives were on, but the dealers were not telling anyone (and still aren't). That's why it is important to tell your friends about this board. We all need to help each other. I have been talking to people here and helping them, so they don't get hosed. I have told people about the method... that helped me out and let me know about ALL incentives, not just consumer incentives!
  • giggy3giggy3 Member Posts: 11
    I am deciding on two 530iA's. Each has PP, SP, Steptronic. One has CWP and Electric sunshade. The other Fold-Down seats, Xenons and Premium Sound. I live in No. VA. Ideally, I would have the CWP and Xenon together and blow off the other fluff, but this is how they are configured. Any opinions on what I should definitely not do without?
  • hoopsrefhoopsref Member Posts: 140
    You may want to see how much it would be to add the xenon later to the car with CWP (or visa versa if possible). With the incentives... you may be able to justify this if it can be done. How much below invoice is the dealer going?
  • joatmonjoatmon Member Posts: 315
    Well, let the Zenons be your guide. You don't want to add them post sale. I have a 530i with Zenons. My wife's X5 does not. She ordered it without because she did not like the zenons. I really don't think they're that great. To explain, you do have more light below a certain line, but above the line there is virtually no light. Try looking at strret signs at night with your zenons. But, you should drive each at night and decide. There's lots of zenonphobia in the BMW community.

    Premium sound doesn't seem to be worth the money to me. CWP, nice, but one more thing to break / wear out, etc. (I keep both cars in a heated garage, so it's not for me). The electric shades are nice for the kids. The pass through is nice if you have use for it.

    Just one man's humble opinion. Don't think you can make a bad choice here.

    Happy Motoring,

    Jack
  • giggy3giggy3 Member Posts: 11
    I doubt I will be spending to add stuff later. I'm too cheap. I am having my credit union buy it and am leasing it from them for my wife. I think I have the dealer down to 2925 and 2930 below invoice respectively. I told him my offer was inclusive of any in-house fees. He replied via email " I think You made yourself a deal." so I am waiting to hear from him post hurricane. If he starts giving me any song and dance about the price, the old lady gets a Passat.
  • hoopsrefhoopsref Member Posts: 140
    Sounds good. I was @ $3200 below invoice the end of July on my 530iA (w/SP, leather & CWP).
  • mbdrivermbdriver Member Posts: 426
    joatmon - MACO may be a legitimate dealer item on an invoice, but that doesn't mean the buyer has to pay for it. The PP, CWP, Xenons, etc. are also legit invoice items. The old saying is that "everything is negotiable." In my case, I agreed to $2000 dealer profit after applying the $4000 rebate under the invoice price. The salesman wanted to add the MACO and ad fee at delivery "because it was on the invoice," but he backed off quickly when I reminded him of our agreement.

    giggy3 - I got my 530iA in late July with PP, Xenons, CWP (which I wanted) and Power Rear Sunshade (which I didn't want). I'm glad now about the sunshade -- press a button on the dash and you can park away from the sun and keep the car cooler. It's really neat and causes no visibility problems even when driving with it in place. Manual side sunshades are also a nice feature -- will get the sunshade package on future new cars. Also, wife loves the CWP and heated seats -- you can't go wrong with either car.

    Re the Xenons, I have them on the BMW and a 2000 E320 Mercedes. They are great and provide lots more light. Haven't experienced any problems reading street signs, but unless overhead blimps are illuminated, they can't be seen with the Xenons (sorry, joatmon - I couldn't resist!!!).
  • glakerglaker Member Posts: 49
    I live in the northeast and find that I always need to wipe a coating of dirt and salt off the headlights during the winter months; otherwise, the efficiency of the headlights is affected. I made sure I got the CWP to resolve that. I'd opt for that rather than Xenon any day.
  • hoopsrefhoopsref Member Posts: 140
    I am sure if your agruement regarding the dealer backing off the MACO is a valid one (and it truly maybe, I am not sure totally). Consider this logic: Since youwere ONLY getting $2000 of the $4000 incentive, he could eat another $360 easy! My dealer had the MACO in the invoice, but gave me the car $3200 below invoice. So we may be splitting hairs somewhat...glass half full or half empty logic.
  • bmw_buyerbmw_buyer Member Posts: 2
    i know pricing has been beaten to death already, but still can't resist to ask, before cutting the check..:-)
    i am being offered 40.8k for 2003'530iA PP+CWP+Xenon,
    is it ok or can it get lower by 1k or so.
  • manybmwsmanybmws Member Posts: 347
    You should be able to go $3K below invoice. I bought an '03 530i in the Boston area for $40K same config as yours but also had fold rear seat.
  • glakerglaker Member Posts: 49
    Hoopsref, I guess you're the "moderator" of this panel so you get mentioned first.... I want to thank you and everyone else who has participated in this discussion board for recommendations about where and how to deal for a new BMW, but especially for the "inside" information about the $4000 manufacturer to dealer cash back. I saw that figure appear in the Edmunds rebate and incentive listing for about a day, then it disappeared. I thought my chances to see any of it had similarly disappeared. Whoda thunk that the money was available long after that? And that a buyer could actually use the info in making a deal? Well, I learned it by participating in this board. I also learned some interesting internet buying techniques I'll use many more times in my car buying life. You are all responsible for that! Many thanks!
    As a result of all the assistance you have provided, and the sage advice about this being a one time opportunity that I should not let pass, I have been driving my 530 for about 3 weeks and have 1500 miles on it. What a car! It actually makes me want to go to work in the morning so I can drive it. My wife's comments include, "How come there are no bumps in the road when I drive this car?" and "You can't even tell I'm going 95!" So you can see she's sold on it also. So let me finish with three words - THANK YOU ALL!!
  • bmw_buyerbmw_buyer Member Posts: 2
    The car got sold, before i had a chance to get back to the dealer. No sweat. I will wait for my next chance. Going to meet a dealer today, will see if he can give more than 1k off the invoice.
  • bmwmrcbmwmrc Member Posts: 66
    From my experience here on this board and doing my own research, you should still be able to buy the car (if it's a 530) for at least $3,000 below invoice. First find out what the legitimate invoice is here or by going to Kelly Blue Book, then subtract $3,000 off of the invoice. The dealer will still make $1,000 profit plus his other rebate money back from BMW of North America. Good luck, because all 2003 5's are almost gone.
  • baylandboybaylandboy Member Posts: 3
    I need advice on how to assess price on an '03 540i with 4400 miles in Texas. The dealer purports to be offering the $4500 incentive, but at this point, their price is roughly only $1,000 below invoice which I find not a good price at all. From reading earlier posts, the consensus seems to be that $2-$3,000 below invoice is a good deal for a car with no miles. How much discount should I expect for the mileage? Also, there seems to be very few of these cars left in the country, so I realize supply/demand may make deals not as good now as they were a few weeks ago. Thanks.
  • gbriankgbriank Member Posts: 220
    I might be purchasing/leasing a 530iA PP,SP,etc... There was mention of a website where you could purchase the pricing info on the 530 that went into greater detail than the usual website.

    Also, i'm trading my Saab in. Is there any advice on making this transaction?

    Pros and cons on purchasing or leasing? Does BMW offer a 72 mo. purchase? Interest rates any good?
  • gbriankgbriank Member Posts: 220
    What is a fair price? I keep hearing folks saying $3000 under invoice? Has it gotten any better? Where did you come up with this figure?
  • drdwdrdw Member Posts: 21
    It will be tough to provide answers for all of your questions. However, if you spend about an hour and so to read messages starting from July (or #~100), you will find answers for most of your questions. Good luck.
    BTW in general, long term (>36 mon) lease is no worth to be considered.
  • designmandesignman Member Posts: 2,129
    Ditto, reading back will tell you most of what you need to know. The $4000 incentive started June 1, and has been extended every month up until now. Allegedly, it goes until Sept 30, which means the 5s haven't been exactly flying out the door. However, there is little if anything left at this point and the 04 is due out any day now.
  • hoopsrefhoopsref Member Posts: 140
    You can also od a search for topic. Use incentive or hoopsref, or fightingchance.com as some of the ones that I have detailed price info on. Good luck.
  • bmwmrcbmwmrc Member Posts: 66
    If I were you, look at Kelly Blue Book online and find out the invoice of of a used 540i, then compare it with the invoice of a new 540i. I realize they're both '03, but that should give you a good indication. Then, I would take off the additional $4,000 from there. IMO, you should be getting off a TOTAL of $8-9K off of MSRP, and should get the car close to $4,000 below invoice, because it's a 540i. Good luck with it.
Sign In or Register to comment.

Helpful Tools

Most popular vehicles

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.