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

kyfdx

If you are trying to work a CPO deal, then you should be able to do it with any dealer of your choice.. If you are just turning it back in, then your preferred dealer may ask you to take it back to the original dealer, as BMW requires the dealerships to purchase a certain percentage of their lease returns..

I'd get with a sales manager or CA before you go over 50K miles, though.. I'm not sure of all the CPO rules, but the warranty expiration may be a sticking point. The BMW dealers buy the cars at the MMR price, not the residual.. but, that price may not be available to them, until the lease is up.. The MMR price being lower than the residual is the key to them being able to CPO and re-sell you the car for less than your residual + warranty purchase.

Not sure on your model, but the 3-series extended maintenance plan is $995 for 6yr/100K.

Here is a good post about this very subject.
mmr cpo deal

regards,
kyfdx

bdr127

My mileage allowance is 45K for the 36 month lease. By the end of the lease period (June 1) I will be at or near 52K. If I turn it back to BMW I write a check for $1400 for over mileage (.20 per mile).

Did you know that BMWFS allows mileage adjustments during the lease term? (BTW, the only leasing company I know of that allows you to do that.) Up until a certain number of months left on your lease, you can buy miles for only 16 cents per mile (15 cents up front, 20 at the end) if you find yourself going over your limit. However, with only 3 months left, I think you've passed the allowable date... It's worth a call to BMWFS, though!

sportzfan76

Hi Guys - New to this board. I had a local BMW dealer attempt to locate a 2006 525i - Black, Auburn Interior, Premium Pkg,Premium Sound,Winter Pkg, Zenon Headlights. Dealer quoted me price of 3% over Dlr invoice. They are unable to locate this car. Dlr advises no more 06 models are being built. Will order/build me and 07...but I am hesitant to a purchase any veh sight unseen. I cannot locate any info on the 07s: style, Wheels etc. Any input from you pros would be fantastic ! Thanx.

bdr127

2006 5-series are very scarce right now, as you have learned. Your salesperson is correct when they said there are no more 06 cars being built.

Changes for 2007...

Two new options: High-Definition Radio and Night Vision
Additional features: Tire pressure monitor and auxiliary input (for mp3 players, for example)

Also, you didn't say you were getting the sport package, but the sport package on the 2007 will include the "comfort seats" (now called "multi-contour seats") instead of the previous "sport seats". These multi-contour seats will include the features of the comfort seats but also provide the lateral support of the sport seats.

And, last but not least, the price on the 525i will go up about $1000 for the 2007 models. :surprise:

rukind

Well, I got an education from the local BMW dealer SM about my options...all of which are expensive. I'll try to keep it correct.

If I turn the car in, have the dealer CPO it, they'll charge me the following:

995.00 CPO work
250.00 shop charge
150.00 std dealer "paperwork" charge
1000.00 profit

PROVIDED I buy the car before the 50,000 mile warranty period is crossed and before the lease term is up. Thus, they'll charge residual plus the remaining two payments plus excess mileage penelty plus CPO charges. Lots of profit for the dealer...If I do it this way. They told me there is no BMW "forward" program to facilitate this.

If I buy the Extended warranty now and then buy the car straight out at the end of the lease term the charge for the warranty is $3294.00. They claim it's based upon not having had the car to inspect/ "upgrade/CPO" it to their satisfaction. Kind of ironic since they've serviced it from day one...

Oh, one other thing, the extended maintenance plan (same period and mileage as the extended warranty plan) is $1795.00.

All in all, either option is looking like the numbers wont work for me...

kyfdx

Yeah... I think you running out of warranty before the lease is up, is kind of a sticking point.. I don't think they can do anything now, because BMWFS is not going to let that car go for less than the lease payoff, before the lease end date..

It looks like they might be marking up the warranty and the extended maintenance plan a little.... the maintenance plan for sure..

I agree with your assessment.... It is no deal at that kind of price..

regards,
kyfdx
Host-Prices Paid Forums

sunofny99

Hey everyone, I'm new to the board. I recently leased a Demo 525XI in NY with cold and premium package and xenons with about 7300 Miles. The dealer wouldnt disclose the money factor to me. The selling price was 43,317. My monthly payments is 578.17 including tax ($1,100) and acquistion ($625) rolled into payment. I put down the security deposit of $600 and first payment only. Did i get a good deal? Btw, this is a 2 year lease with 15,000 miles a year.

johnveilleux

Sounds pretty good. I got a quote on a 2006 525xi last fall that was $1511 over invoice but the updated quote he just gave me for a 2007 with some different options is now $1876 over invoice. Where did you buy?

03maxmiase

Tischer, Silver Spring, MD. Ordered it on 2/6 and production was completed yesterday.

lai66

Could you tell me how much did you pay for your 2007 530xi?
I am sad to know that 5 series are so unavailable. Can anyone recommend a local dealer in the Bay Area to purchase 530 or 550 from?
Thank you in advance.

wabends

Thanks for the lead. Took advantage of the BMWFS offer and ended up with a low mileage 2003 5er. With deposit made, I am riding on close to a 0% loan! I understand this offer will be around for only a short time.

houstonmerc

I'm considering a 550 (haven't looked much yet) and am confused about the discussion of 2006s and 2007s. Ordinarily 2007s would come out in the fall (6 or more months from now). When will 2007s hit the showrooms? It sounds like the comments are suggesting this is not far off. thanks.

bdr127

Some 2007 5-series models have already been built and are currently on a ship in the middle of the Atlantic....

jb245

will the iPod adapter finally work in the 2007 5 series?

330blast

Do you mind sharing the numbers? I am also looking around for a 2003 CPO 530i in SF Bay area. But the dealers are asking very high price (almost all between $35K - $40K). Want to know what will be a realistic price that I should expect to pay. Thanks.

cmybimmergo

Based on what my dealer wants for 03 530is--he does not deal because his prices are fair to start, and he has places in the DC area and Mesa AZ--probably $30-35K, depending on mileage.

wabends

330blast:

Sure. I got a CPO 530iA with sports package, premium package, xenons and 32K miles for $31.5K. This included an extension of the pre-paid maintenance to 2009. Given my down payment and writing off the first two months payment, the finance charge is less than $500 over 5 years. (approximately $100 per year).

There are several 2003 530iAs in the Washington DC and Chicago but I don't know about over there on the west coast.

Wabends

wabends

cymbimmergo

I think you are talking about Auto Advantage. I have followed their prices over a period and it is more of hit-or-miss situation. IMHO, their asking prices are often above the national average but every now and then, you can luck out when there is a glut on the market. I nearly bought a 745 Li from that place last year, but ended up buying from dealership that was closer by because of the proximity and excellent service that they offered.

cmybimmergo

their asking prices are often above the national average

*Everything* around here costs more than the national average.

When I was looking (Dec 04), 530i 5spd sports were for all practical purposes nonexistent; he had the only one in the entire DC/Baltimore area. I found his prices to be about where I would have wound up after dealing, if I could have found one elsewhere. Plus he gives that 5-day money back guarantee, and I felt comfortable about the warranty. His cars also drove nicer than any of the others I test drove. But the kicker for me was when I brought it to an indie for an independent inspection. When I told him where I had bought it, he informed me that he never had any trouble with cars from there. That was good enough for me.

330blast

Wabends,

Thanks for the info. You actually got a very good deal. Any 530i close to yours in bay area are marked around $38K (without the ext. maintenance). There was one that dropped from that range to $33k, but sold this morning when I called

Well, at least the special deal will last another 3 weeks.

BTW, what is the special finance rate? 2.9% for 36 months, and 3.9% up to 60 months?

wabends

Sorry to hear that the 2003 5ers are pricey on the west coast.

For more details about the finance rate please see http://www.bmwusa.com/CPO/specialoffers. Yes it appears this deal will end on March 31.

Mine was 2.9% for 60 months.

Wabends

dmason12

I am looking to lease a 2006 550i for 36 months and 12k miles per year. Does anyone know the current BMW Finacial Services buy rate money factor and residual for this lease? Much appreciated. Also, is $1000 over invoice unreasonable?

sergeym

24 mo/15k mi – Residual Value 70% of MSRP – .00200 Base Money Factor Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00200 Base Money Factor Rate

Add 2% for 12K miles per year.

As to $1,000 over invoice that will not be easy. $1,500 should be doable.

ryanjmsc

I have been searching for (to no avail) for a 2003 540iA in jet blk or saphire blk metallic. Must have options: NAV, rear electric sunshade and heated seates. Additional preferred specs: gray leather, all available M options and less than 30K miles. If anyone has this car for sale or knows where I may find it, please let me know. Much appreciated!!

Thanks in advance for your help!!

bdr127

I have been searching for (to no avail) for a 2003 540iA in jet blk or saphire blk metallic. Must have options: NAV, rear electric sunshade and heated seates. Additional preferred specs: gray leather, all available M options and less than 30K miles.

Geez, pretty specific... lol! Why don't you just order one up from the used car factory! :P

bimmeresq

Anyone know of a good SoCal internet or fleet manager willing to give rock-bottom pricing? Does anyone know the current MF and residual percentage? Thanks in advance.

bumrover

:P Found a black on black 530 with premium and sports package, zennon lights, tiptronic, bla bla bla... but I've been looking and totally dig this ride. The price is $25,000 with 54,000 miles and I'm told no accidents and it appears puurrrfect! For me anyway, I will be giving away my 2001 Range Rover 4.6 HSE black/black, navigation bla bla... with 73,000 for a trade of $16,000 any one?

But back to my 530, can I go to a BMW dealership and buy an extended warranty for a 02 with 54,000 on it? Any feedback would be helpful. Thanks

330blast

No, you can only buy ext. warranty if you are the original owner and if the car is still under warranty at this time. In your case, even if the seller is the original owner, the car is out of original warranty. Therefore, it's impossible to buy ext. warranty or ext. maintenance.
BTW, I have been looking for E39 530 for a while, too. With the special finance rate and first two payments from BMW, you should be able to get a 2003 CPO with similar option and milage and that price.
I am not sure which area are you at, but in SF bay area, here are a few good deals (all CPO) I have seen:
1. 2003 530i, premium and sports, 33K mile, MANUAL, aksing for $26,995 - This is by far the best deal but I can't have a manual, bummer.
2. 2003 530i, premium & sports, 48K miles, asking $28,995
3. 2002 530i, premium & sports, 51K mile, asking $27,777. - This one does not qualify for the special financing.

Hope this helps.

nay330ci

Hello all, I'm new to the forums.

I'm considering to lease a '06/'07 530i very soon as my first lease (read up the basics at LeaseGuide.com) and would like to know where you got this information from/do you have a link to a site by any chance?

24 mo/15k mi – Residual Value 70% of MSRP – .00200 Base Money Factor Rate
36 mo/15k mi – Residual Value 60% of MSRP – .00200 Base Money Factor Rate

Add 2% for 12K miles per year.

Or could you provide me the numbers I should expect form BMWFS for a 36 month/15k mi lease on a 530i? Thanks.

mmyers2

Where did you see the 530i manual for $26,995. I'm in the Bay Area and have just started looking. That sounds like a great deal.

Thanks

330blast

StevenCreek BMW. It was marked for $35K for a while, then all of a sudden, came down to $26,995. I believed it was sold in a few days once they brought down the price.

03maxmiase

Delivery tomorrow, Silver Spring, MD Tischer BMW $57125 on the road.

sb55

I'm looking at an '04 545i CPO with 6 sp. manual, Sport Package, Nav., Permium Sound and Sunshades with about 10K miles. for $42,000.
Any pros or cons?

bon_bon

First time BMW (potential) owner. Trying to lease a 06 525xi. Here are the specs:
Black on Black
Premium
Nav
Cold weather package
Automatic

MSRP : 51220
DP : 47500

With the new April lease rates : 0.0016 for 36 months/10k
The final price is 560/month plus tax.

Is this a good deal ? I am not sure if this is the right forum to ask this question or should I post under the lease section ?

Thanks

nubian1

Hello all,

New to the forum.

I just purchased a 2003,525iAuto, CPO with 26,929 miles.
Listed at Maryland(East Coast) BMW Dealer for $33,999. Bought for $29,999 w/10K down. Has premium pkg, cold pkg, xenon headlights/heated frnt seats/heated mirrors/moonroof/wood trim/leather seats.

Remaining balance Financed w/BMWFS for 60 mos @ 2.9(393/mo).

Good deal or no ?
Comments?

elmer3

I live in the Pittsburgh Penna area most of the year. I also live in the central Florida area around 3 months of the year. I am looking to buy a 2007 BMW station wagon 4-wheel drive. I am planning way ahead. I will be ready around september. Any good experience about dealers in these areas--both price and service would be helpful. Let me know. Thanks

jgordon1

I am looking at an '05 545 Sport. Is there a big difference in 545 vs. an 06 550. What kind of deal can I expect on an 06 - the sales guys says sticker and there are not more then 3 on any lot in the DC metro area, I just can't bring myself to pay sticker. The 05 is loaded with the Sport package and nav. 15K miles, sale price $54,900. Which way to go?

jabrolta

jgordon1,

I believe the only difference with the 05 545i and 06 550i is the engine. I just recently purchased a 05 545i (Sat prep, PDC, Nav, Premium, Sport, Cold, and Sound packages) with 8700 miles for $50k out the door in MD. I believe the price that this dealer is asking for is too high since the 06 and 07 are in the showrooms, meaning the 04-05 545i have depreciated. Go to KBB.com and you can see what the 05 545i trade-in is worth. I negotiate used cars based on the trade-in value. I paid $1400 over the trade-in value of the car. If you want more engine power, then get the 06 550 and you will probably get $1-2k off sticker. However the 04-05 545i engine should be enough for the average driver and you can get a better deal. Shop around using sites like cars.com and autotrader.com. Good luck!

sb55

I just bought a CPO '04 545i with 10,000 miles and sport package, 6 speed manual, nav., xenons, sunshades, sat. prep. for $42K even.
You can bargain off of the BMW CPO web site prices.

sb55

I am sure that this is very hard to follow, since the thread starts from the bottom, but steer away from WEST GERMAN BMW in Ambler, PA. They do not stand by their word and are extremely rude and do not return phone calls. The gist of this is that there is a tire problem on a CPO car and their basic reply is that I got a "good" deal and should be happy anyway.
I edited out my name and the name of the salesman. Read from bottom up, if interested.

:

Per BMW USA, I want the name of the "pre-owned" sales manager. You can have
him call me.

>Dear Mr.
> Thank you for contacting BMW of North America, LLC regarding West German
> BMW. I apologize for the disappointing experience you had at this BMW
> center.
>
> BMW centers are independently owned and operated and responsible for their
> representations, sales, policies, and procedures. The guidelines for a
> vehicle to qualify to be a Certified Pre-Owned vehicle are set by BMW.
> However, it is up to each BMW center to inspect and certify the vehicle.
> Please note, certification does not require replacement of the tires. If
> you have concerns regarding the certification of this vehicle, please
> contact the pre-owned sales manager at West German BMW directly. The
> pre-owned sales manager is in the best position to review the inspection
> checklist for a vehicle certified at this center.
>
> We appreciate the feedback our valued customers provide to us. We strive
> to be attuned to our valued owners and aim to respond as positively as
> possible. Thank you for taking the time to notify us about the situation
> you experienced.
>
> If you have any further questions, please respond to this e-mail or
> contact the Customer Relations and Services Department at 1-800-831-1117,
> Monday through Friday from 9:00 A.M. to 9:00 P.M., Eastern Standard Time.
> Again, thank you for contacting BMW.
>
> Sincerely,
>
> Darlene Hawley
> Customer Relations and Services
> Representative
>
>
>
>
>:
> Dear BMW,
> I copied this from past emails with the dealer that I bought the car from
> regarding the tire thump. It was pointed out DURING the test drive and
> after, DURING the negotiations. The gist of the final corres. is that I
> got a "good deal" and should go away. Filet and hamburger! How rude.
Please try to follow the thread from the bottom up and let me know how to
proceed.
> Thank you,
>
>
> (My last email to them)
> This was pointed out on the test drive and in emails, and I was assured it
> would be fixed. Other CPO I saw cars had ALL 4 tires replaced. It really
> makes the ride bad and maybe unsafe and you knew this going in and should
> not have led me on.
> If you don't want to deal with it give me your owner/manager names and
> email addresses.
> Will any BMW dealer look at it? Isn't it warranty work that will be
> reimbursed by BMW anyway?
> Should I call BMW-NA?

>
>
> The facts that the car was deemed sound by my service
> technicians coupled with the EXTREME discounting on the vehicle have led
> me to an uncomfortable middle man position. Both my owner and manager
> agree that the car is now in your hands regarding the tires and that we
> can not be expected to lose more money in the form of a tire. My used car
> manager also suggested that if you wanted to bring the car in we would
> look at the alignment.
>
>
>
> I hope that you are able to enjoy the car. I assure you that you have
> purchased the filet at hamburger prices, try to be happy.
>
>
>

>
> West German BMW
>>
> Subject: Re: Hello from BMW

>
> I'll get back to you after I speak to my manager and my owner. I am sure
> that the car was tested by my techs and given a glorious bill of health
> before you took it away but I will see what the boss's say. I'll give you
> a ring after lunch Weds, my hours being 12-8 on Weds.
>
>

> Per your request, I took the car to a Dunlop Tire dealer. He said it has
> to go back to the dealer since the tire is badly worn on the inside due to
> a suspension problem and mis-alignment.
>
> Call me.
>

>
>
>
> ----- Original Message -----
>
> You didn't respond to my fax of today, but I'm going out of town now and
> will be back Sun. Night.
>
> I'll call you on Monday, April 17.
>

>
> ----- Original Message -----
>
> I am sorry. The car will be perfectly sound but there is NO room to
> include additional items. The car is pre-wired for Sirius so you can do
> that at another time if you so choose but I CAN NOT include anything
> further.
>
>
>
> Thank you for your time,
>

> Please ask your manager if he'll throw in the Sirius receiver and confirm
> that it will work with the nav., then we should have a deal. Please
> confirm that the tire thump noise/feel can be fixed.
>
> Also, I understand that there are several BMW computer progaram upgrades
> that are to be done. How do you know if it's current?
>
> Thanks,
>

elmer3

From ELMER 3 Thanks for the tip on this dealership. I will indeed stay away.Elmer

sskla

I am new to this forum and i am picking up my 2007 530i with the following options tomorrow.

automatic
premium package
sports package
cold weather
comfort access
rear seat heating
park distance control
navigation
black metalic color

MSRP was 58670. and they offered me at 56180.
is this a good deal?

elmer3

from Elmer 3 The profit on this car is around $. 5300. You decide. Elmer

low_ball_88

Invoice per Edmunds is $54,165. i would say $1,000 to $1,500 over this price would be a good deal.

I don't know how Elmer3 got the $5300 profit from.

Is the MACO fee included in the Edmunds invoice price?

kyfdx

No...

MACO charges vary by region, so they aren't included in the Edmunds' invoice price..

330blast

Hi all,

Wonder where is the best place/site to find out the latest special finance rate. Last month, there was 2.9% for 60 months for all 2003 5 series, not sure if BMWFS continue the special rate this month.

Thanks.

snoozeroo

We have found the perfect BMW 530xi wagon here in Atlanta that we are ready to lease, BUT we have no intention of keeping the car past 36 months. The dealer says that this specific car was to be delivered (maybe was) to another customer and already has the extended factory warranty indelibly attached to the car -- +$1400 (!). He indicates there is nothing he can do as this has been permanently attached to the car via BMW Germany and whomever wants the car must take the warranty as well. It has "Demo" painted on the windshield and has about 650 miles on it. Can someone explain why this is a no-go and the warranty can't be removed?

Thanks...

kyfdx

I have no idea if the dealer is being honest with you... but, it seems this would only be the case, if the car has been sold with the extended warranty... then traded back in, or otherwise acquired by the dealership.. If that is the case, then someone has already paid for the warranty, and the car is now used, and the warranty is permanently attached to the car. I seriously doubt that the dealer would pay for an extended warranty, then have a buyer back out and be stuck with the cost on a car that was never delivered.

Either way, if you are leasing, the extended warranty has no value to you.... Just tell the dealer that if he wants to sell you a car, it has to be that one, and you aren't paying anything extra for the warranty..

Of course, if you've already let the dealer know that this is the perfect car for you, it isn't going to help your negotiating position..

Something else to consider... Why would a car with only 650 miles have an extended warranty attached, unless it was sold, then brought back? Or, maybe it was a European Delivery vehicle, that was damaged in transit, and then refused by the buyer and bought back by BMW. I can think of all kinds of negative scenarios, all dependent on that extended warranty.. If they weren't insisting on that, I wouldn't give it a second thought.. It could be they are just trying to make money on an extended warranty.. But, I would have the car looked at very closely..

And, I wouldn't pay a dime for that warranty, if I were leasing..

regards,
kyfdx

elmer3

How do you determine the local MACO FEE without seeing the invoice??????? someone help me thanks ELMER

snoozeroo

Thank so much for your thoughts... I'll be speaking to the dealer tomorrow and will try to extract a specific explanation at that time.