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

hihomike

I just bought one for $44,000 including Satellite radio set up AND prep and Automatic Transmission. That's about $2500 off sticker. I bought it from the largest BMW dealership here in South Florida. So I don't know what an average deal would be out there.

 

Good Luck, I sure love mine.

jhinsc

Hihomike, just curious, how did it go over at the Infiniti dealership when they learned you bought the BMW? I would think they would want you to drive their cars.

hihomike

The owner of my dealership (Infiniti) said, "...I like you a lot more when you drove an Infiniti...", and I responded, "...you could have fooled me boss!"

 

All kidding aside, I own a G35 sedan and my Dad owns an M45 Sedan, so we are an Infiniti Family, so to speak. But the G35 was not very comfortable for me, as I am 6'3", and couldn't wait for the new "M" sedan to show up at the dealership, so I got the BMW. The new "M", coming out in a few weeks, is supposed to be a direct competitor to the BMW 525 (M35) and BMW 530/545 (M45). Should be interesting to see what happens.

rroyce10

..... With you being in the business, I'm a little surprised you didn't go the auction and buy one there, and save yourself $7,0/$8,000 ...

 

                                Terry.

hihomike

I wanted a "new" vehicle as I own it, didn't lease it. I expect to keep it for 4 or 5 years, at least.

stoley

Is this a good deal???

 

545i

Cold Weather

Premium Sound

Sport

Nav

Satellite Prep

Folding Rear seats

 

$61,500

 

Has anybody heard when the 2006 545i's will be available?

jim53

how much under MSRP would be considered a "good deal" these days on an 05 545?

rroyce10

...... Why didn't you wait a couple of weeks and buy a new M35/45 ....

 

          Or even get the big dawg E39 540i, especially if your going to spend the big money .. I would think you would have been able to buy a 05 525 from another dealer for around $500ish over, being in the business and all ..

 


 

                              Terry.

stoley

What is the BEST price I can expect to get on a fully loaded 545i these days? Anyone who has recently purchased a 545i...I'd love to know what you paid.

hihomike

I bought the 525 in November - or 6 months before the M's will be available. Additionally, the M's are going to be in very short supply, especially the loaded ones.

 

I prefer the classic look of the BMW. THe M's will look like a hybrid between the Q45 and the G35, not my cup of tea, if you know what I mean.

 

As for price paid, 2500 off MSRP is about 1900 over invoice, and I did not have to pay any dealer fees, which is common here in FL. There is also an availability issue with the 530's and 525's down here in Southeast Florida. I've checked around, and found I got a very good deal considering timing of the purchase, availability, etc.

rroyce10

.... I was reading one of your posts and .. **I'm a sales manager at an Infiniti dealership"" ..

 

             I find it interesting that you weren't given a demo .. I buy and sell vehicles all over the SE and especially in Florida, they're were plenty of dealers during the tumbleweed time that would have sold a Bimmer to one of their brethren for $500ish over ..... $1,900 over.? not counting today, how long have you been in the business.?

 

                          Terry.

crazy88

Hihomike,

 

Do you have any complains about the accelration of the 525? 186 horses doesn't seem to be much but i suppose it's pretty light for it's class..

 

thanks

Kirstie_H

We'd really prefer to dedicate this discussion to pricing, so if you could post your acceleration question in the BMW 5-Series discussion, that'd be best. Thanks!

 

kirstie_h

Roving Host

Host, Future Vehicles & Smart Shopper discussions

ponytrekker

My sources say about $1400 off sticker.

jim53

I'm looking for the same thing. Have you gotten any info?

stoley

Yep, bought it yesterday. I paid $4510 off MSRP, or $675 above invoice. This was for an almost completely loaded 545i.

jim53

where did you get it? Sounds like an awesome deal - is something like this fairly common?

stoley

No, from what I understand...this is an unheard of deal!! Where are you located? I will do my best to steer you to where I believe you will get the best deal(I have spoken with quite a few dealers these past few weeks).

jim53

near Philadelphia. Where did you get yours?

lzhu

I hope this is useful info for fellow San Francisco Bay Area shoppers.

 

Dealership: BMW of Mountain View

Car: 530i premium, automatic, nav, xenon

MSRP: 51,770

Invoice: 47,804

Final price: 48,770

 

Actually I had buyer's remorse right away as they took my first offer without haggling, but decided to stick with it as the salesperson was fairly nice and this car had exactly the options my wife wanted and nothing extra.

jim53

Stoley, please let me know what details you can share.

stoley

Jim-I feel like a got a great deal, and would prefer to wait until I have the car in my possesion to name the dealer that sold it to me. Dealers that I feel are worth phoning for a quote:

 

-Coast BMW in San Louis Obispo

-Weatherford BMW in Berkeley

 

Hope this helps...

330iii

Stoley you got a killer deal don't kid yourself.

You probably did as good as a BMW corporate employee give or take a few bucks! LOL

reefbreak

Izhu,

thanks for the info. am looking at pretty much the same car, but need to postpone due to new arrivals from lexus and infiniti.

 

did you also check out peter pan in san mateo and the dealership in fremont?

lzhu

I didn't check the other dealerships since I was aiming for $1,000 over invoice mostly based on other deals I read about. The lack of haggling surprised me and I'm pretty sure that you can do a few hundred dollars better.

 

I did test drive the current model of GS300 and felt it was pretty decent.

 

To over-generalize, the German cars drive better; the Japanese cars are more reliable and cheaper. I'm hoping for the Japanese companies to produce more sporty cars (the IS300 & G35 are good starts.)

car_rm

reefbreak,

 

Last month I purchased a 530i with pp/sp/xenon. When pricing, BMW of Fremont had e-mailed back $750 over invoice. I leased the car through Mountain View as I was getting the car through the trade assist program and they were the dealership I purchased the 325i that was bought back. I paid invoice.

 

Good luck.

low_ball_88

Izhu,

 

Sound like you got a good deal and it could be even lower based on no haggling.

 

Did you shop at other dealers? I'm in Sacramento and the two dealers, Neillo and Roseville are pretty difficult to get a good deal like yours. Based on the dealers listed on this thread, I will try Fremont and Mountain View. I am looking for:

 

05 530 with: SportP, PremP, SteptronicAuto, Xenon, PowerShade, Front Comfort Seats, Nav.

 

BTW, What color did you get?

iceman2

I am set to lease a new 530 in early March, replacing a 3 yr. lease on a 2002 530. Ordered Black/Auburn, auto, premium, sport, xenon, satellite - MSRP $53,965.

 

1) I am concerned that one month after the new '06 is coming out with more hp - anyone validate this?

 

2) Dealer swears that demand is strong and they won't give more than $1500 off MSRP - however many postings talk about low demand, $1000 over invoice etc. Anyone have a similar experience?

 

3) Are dealers still receiving subsidies from BMW for leases? How can one find this information out?

 

By the way, compared fully loaded, lower cost A6 and barebones LS430 - when leasing, neither can come close to the BMW (presumably because of rate manipulation).

kyfdx

1) The '06 is coming out this Spring.. with more power.. This wouldn't concern me much, if I were leasing... you don't have to worry about resale.. Unless you think the car is underpowered now, no one will know but you... It will still say 530i on the trunk.

 

2) Anecdotal evidence points to deals being made for $1000-$1500 over invoice... It is inevitable that the closer to the '06 introduction, the less demand for the '05.

 

3) Lease numbers are great right now for the 530i.. 3yr/45K leases have 60% residual and a money factor of .00125... There are no guarantees, but I can't imagine the numbers will be worse, next month.

 

What are the details on your lease payment, or haven't you worked that out yet?

 

regards,

kyfdx

kyfdx

I just saw your other posts in the lease questions forum.. 3yr/30K lease, huh?

 

MSRP $53,965

Selling price $52,465

Cap cost $53,090 (selling price + acq.fee)

MF .00125

Residual 63%

Payment $657/mo. + tax

Upfront: 1st pymt, security deposit, license/title fees.

 

You'll save $3/mo. for every extra $100 you negotiate off the purchase price... $15/mo. more for 3yr/36K..Be sure and do this upfront, if you think you'll need the miles... way cheaper this way, than paying for them later.

 

regards,

kyfdx

rroyce10

..... $1,500 off .? .. I agree with Kyfdx ...

 

             I'm not knocking anyones vehicle, but the new "5" series isn't setting off any rockets red glare right now .. so unless your living in some fancy smancy neighborhood, you should be looking at in and around the $1,200/$1,500ish over invoice zipcode ...

 

                               Terry.

lzhu

I'm happy with the deal (I was looking for a reasonable and not necessarily the cheapest deal) and my wife really likes the car :-) It's silver gray.

 

I didn't shop at other dealers because I didn't have much time to search around. You should have no trouble getting an equally good if not better deal at Mountain View especially with the more powerful engines coming out later this year. If you'd like to talk to the salesman I worked with, just let me know.

 

Good luck!

reefbreak

i'd be interested in the salesman you worked with at mountain view. sounds like you had a good experience.

 

btw, what interior color did you get with the silver gray?

 

i don't expect much of a deal on the new 06's... if i can wait that long. and, the feedback on the new lexus and infiniti is starting to roll in. a fun time to be car shoppping!

jdive

Hi all,

 

I was interested in a BMW 530, but am a complete newbie when it comes to BMW's. Are there any suggestions on when would be a good time to buy and get a good deal (i.e. spring when new models are out?). In addition, any ideas on how I should negotiate? Start at below invoice price? What's realistic and what concessions are possible? I'm from San Diego, so a dealer here would be nice, any suggestions? I could also drive to LA if nec...

 

Thanks for your help!

Jdive

stoley

I'm curious how long it usually takes to get your 5 series when you special order it. I ordered mine a week or so ago...I am told it is a March build. How long until I drive it off the lot??

eastoncarguy

Stoley:

 

It will depend on if your dealer had one ready to be built that they could change to your specifications.

 

I ordered mine on December 11th and it was at the dealer for delivery (in NJ) on February 3rd. Just shy of 8 weeks. Once it went into build status it was about 6-7 weeks from that point. So figure 6-7 weeks from the build date.

 

Hope that helps.

bicycle

I ordered mine December 15 and it came yesterday. Not bad. I would however make sure you order the ones with the new engines that should be in production in March.

 

Michael

richcream

Looking at the '05 530 but rumors of a 535 make me think it will be worth the wait. (for anyone interested, tested the new A6...not impressed, not too quick, unresponsive, and they ALL, for some reason, have extremely slow rolling front windows...definite pet peeve as time goes on.) Anyway, can anyone confirm if/when the 535 is coming out??? Thanks in advance.

stoley

Bicycle...are you in the bike industry? My 545i is a March build...I didn't know there was any new engine...what information can you give me on this?

kyfdx

No '06 535i.. It will still be a 530i.. but, with an upgraded 258 HP engine..

richcream

So when are they rolling that out? End of summer? I'll be damned if I'm gonna get an underpowered 530 in april just to see the upgrade come out 90 days later.

kyfdx

I haven't heard anything about a 535i..

escofi

kydfx, and others:

i have no clue how to go about finding out what a dealer paid for a trade-in of a 2001 530i, and what i should offer. the car has low miles, has premium/sport, and the dealer is doing the certified pre-owned.

would appreciate anyone's input!!!

thanks,

escofi

jim53

any opinion on the deal in post 1301?

turnbowm

escofi,

Most dealers give wholesale Blue Book on trade-ins. In a lot of cases, they even subtract for the cost of new tires, brakes, et cetera.

Go to www.edmunds.com and www.kbb.com and they will have the info that you want. They indicate prices for Trade-in, Private Party Sale and Dealer Sale.

Martin T.

kyfdx

Go to this forum.. Look at the bottom, and give a full description of the car following the template..

If the dealer has an on-line ad for the car, put a link to it..

Let Terry know that you are thinking of purchasing the car.. but, remember.. it really doesn't matter what the dealer paid for it.. just what it is worth as a retail unit.

rroyce10, "Real-World Trade-In Values" #25152, 20 Feb 2005 10:13 am

kyfdx

I don't really follow new 545i prices that much.. but, that seems like a decent deal on a new one.. About $2K over invoice, right? That has to be at least within a $1000 of the very best you could hope for anywhere.. If you are finding that close to home, it looks pretty good.

regards,
kyfdx

escofi

Thank you, kyfdx!

escofi

martin - thanks!

dl7265

The current 525i with auto lease promo with MSRP of $43,270.00 for $449 plus 2500.00 down . How good of a deal is this ?If not what would you shoot for ?

Thanks,
DL