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Just got a price for an 07 black on black 530i.
nav
sport package
premium package
premium sound
auto
chrome wheels
list; $59,865 dealer offered; $57,270 might there be more room for negotiating?
2025 Toyota Crown Signia Hybrid, 2022 Ram 2500 Laramie 6.4 Hemi, 2007 Mazda MX-5 Miata PRHT
I say NO DEAL!
LOL
2025 Toyota Crown Signia Hybrid, 2022 Ram 2500 Laramie 6.4 Hemi, 2007 Mazda MX-5 Miata PRHT
cold weather
premium package
sports package
automatic
comfort
nav
Satellite
Black Sapphire
36 months/15k
$54420 which is 1000 over invoice
MF- .0025
No down
800 deposit + tax and tags
Lease price 770.33+23.11tax= 793.44 monthly lease
Should I do my lease today and order?
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If the car MSRPs between $57K-$58K, then you have a pretty decent deal... It looks like they may be marking up the money factor from .00225, and that is adding about $20/mo. to your payment...
So... generally.. a decent deal... Of course, I have no idea how the new 5-series is selling, and I don't know your exact numbers... or, if the dealer would be willing to do a base money factor deal at only $1000 over invoice...
Nobody getting hurt on this deal, though..
regards,
kyfdx
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I'd say that would be the only negotiating point left.. Even at .0025 on the money factor, it is a pretty good deal on an '07 model..
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I took the deal. My car is being shipped.
Thanks for all of you help!!!!!!!
I just came back from the BMW in Buena Park, CA.
I wanted to lease a 2006 530i but it seems most dealerships are out of stock. I looked at the 2007 530i's. I want one with the sport and premium package with 15k mi/yr and 36month term.
The best they offered for a 2007 530i w prem and sport msrp stickered at 54,356 was :
1. $2000 Drive off, 15k mi, at 865/mo after tax.
2. $2800 Drive off, 12k mi, at 799/mo after tax.
I live in los angeles so tax is %8.25. I wanted to get it at around 760 after tax but they would not budge at all unless i gave them a fat down payment. Eventually they let me walk. i am going to look around but was the deal above worth it? Where can I find a better deal at in southern cal.
I mentioned the money factor but the numbers he gave me were after he had talked behind the counter and said he didnt know what number they were using. He said they were getting them direct from bmw financial. Also the residual was 60% which seems normal from what i've read.
Any help would be deeply appreciated.
Thanks
frank
The money factor for a 2007 530i 36 months 15k should be .00225 and the residual should be 60%. Use this website to calculate your payment http://www.leaseguide.com/calc.htm
this should help you figure out your payment and what you actually need to put down to get your payment where you want it.
You can print it out and carry it with you. Don't go into the dealership empty handed. Also, print out some of the dialogue for the forum. Hope this helps it helped me.
Let me know. Im ni southern california.
Frank
I just got a decent deal I think.
Here what it is:
2007 Bmw 530i
Sports Package
Premium Package
Automatic Trans
MSRP 54,070
I got them down to 51,300
Leased at:
2800 Total Drive off
36 Months
15,000 Mi/yr
60% resid.
710/mo + tax (ca 8.25) = 769.00/month tax included
What you guys think. This is after 3 dealerships and reading up on the boards. Seems decent.
Frank
GO FOR IT!!!!!!!!!!!!!!! :shades:
The car was marked for $35,888, but when I open the newspaper to glance through the ads, it was lowed to $28,888. Since that was my dream color, I took a day off and went to the dealership immediately. The negotiation part was pretty hard since the sale price is already way below the on going market in SF bay area for the latest year of E39 530i. I merely knock down $388, but since the color was perfect, equipments are pretty good, and there is the low finance, I couldn't let this one slip. It's very hard to get all these things work to my advantage on a used car.
Based on what I have read on this forum and the couple times I went to the Dealership to negotiate, I believe it was a great deal I got.
On a side notes, I have negotiate another similar deal a month ago. It was a 2003 530i, auto, premium pkg, lumbar support, navigation and CD changer. 33K miles. And I was able to get it down to $28,000. That car has been on the dealer's lot for almost 3 months, and the price just dropped from $37,999 to $28,999. Similarly, once a low mile CPO 03 530i get down below $30K, it was very hard to get the price lower. I actually walked out of the dealer and they called me back to offer the deal above. I did not take it because it was a white/tan color combo and I just can't live with it.
As I have mentioned, I live in SF bay area, where E39 530 are in high demand. I have closely monitored the market for several months, and those cars go fast and asking price are all ridiculously high (at least $10K mark up of dealer's cost if not more). However, with patience and persistence, it is still possible to grab some good deals, however, some luck is needed if you are picky on color and also want the low rate finance. I feel pretty lucky and am still very excited.
BTW, I also purchased the ext. maintenance plan (extra $1,395, maybe I can cut down few hundred?) because it's worth of it. I have owned a 2001 330i for a couple of years and am quite familiar with the high maintenance cost of BMW.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
2007 525i
6 speed manual transmission
Sterling Silver Gray, Gray Leather
Premium Package
Cold Weather Package
Sirius Satellite Radio
Logic7 Sound System
Xenon Headlights
$46840 + TTL
$49,900 OTD
Thoughts??
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
The Sports Package is so much more than just Sport Seats. You get bigger wheels with Performance tires, lowered suspension, slightly stiffer shocks, spring rates... Do they still make you get active steering with the Sports Package? It makes a good handling car (the 5er) that much better.
The only reason I said something was because you got a stick and the SP might help you get the most out of yuor car.
Enjoy it though!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
It's being built in the next two weeks, arrival in mid-June or so. Can't wait to get it!
I'm new to the site and have learned a lot from all the posts. Im in the L.A. area and recently got offered a lease deal for:
2007 530I
Automatic trans
premium package
sirius satalite
w/ mats
MSRP- $51,885 and the dealer is giving me the car at $1200 over invoice which is $49545 including MACO.
-36 month lease and 15,000 miles year.
-Payment $671.00, including tax w/ $4000 drive off. Go for it or Not? Thanks.
What is the MF factor on your lease and also what is the breakdown of the $4,000? :confuse:
Your acuisition fee should only be $695 and anything above that is extra money for the dealer. Make sure the MF is .00225 which would be 5.4% see it in writing and your $1900 cap reduction looks like a down payment that you may want to put as a sequrity deposit (which you get back at the end) unless you plan on buying the car at the end.
Use this we site to check your payment
http://www.leaseguide.com/calc.htm
Good Luck! :shades:
Here's the deal I got:
2007 525i
6 speed manual transmission
Sterling Silver Gray, Gray Leather
Premium Package
Cold Weather Package
Sirius Satellite Radio
Logic7 Sound System
Xenon Headlights
$46840 + TTL
$49,900 OTD (6.25% Tax)
Thoughts??
Packages/Options:
STEPTRONIC Automatic Transmission $1,275
BMW On-Board Navigation System $1,800
Satellite Radio $595
MSRP $43,500
Options and accessories $3,670
Destination charge $695
Total price as built* $47,865
What would be considered a good deal?
However, the things I've read indicate that $1000 to $1500 above invoice +TTL is good.
I also read to split the difference between the MSRP and Invoice and anything on the lower half of that is fine as well.
So, $45,285 - $45,785 +TTL based on the first method or something between $44,285 and $46,075 +TTL based on the second approach.
For what it's worth from an uneducated person on the matter!
2007 530i
Premium Package
Premium Sound
HD Radio
Rear/side sunshades
Sirius Radio
Steptronic Auto Trans.
MSRP was 54750.00
They are selling me the car for cash for invoice + $1000 + Maco + dealer fee (599.00) Is this considered a good deal?
I am supposed to pick up the car on Tuesday evening, May 30th as it arrived at the dealership yestderday. Should I put more pressure on them for a better deal or is a good deal on a new 2007 as shown above?
Thanks for your prompt responses.
2007 525i
Steptronic
Premium Package
Premium Sound Package
Bi-Xenon Lights
Navigation System
MSRP: $51,870
Invoice: $48,335
36 Months lease
12K miles / year
$3,000 drive off
$621 including tax is the best offer I've received so far. Should I take it?
If I calculate it with:
62% Residual
0.00225 Money Factor
8.5% Tax
I was hoping to get the negotiate price to $47,642 ($693 below invoice) and monthly payment to $580. Is this too much to ask?
Currently, I'm also leasing a 2006 Mercedes E350 (MSRP: $59,500). My monthly payment is $700 including tax. I got the car at the end of April in 2005, paid $3200 drive off. Since the 525i is almost $8000 cheaper than the Mercedes, I don't think I should pay over $600 per month. But this is my first bimmer, so I don't know...Thanks in advance for any help/inputs!
Thanks for your help,
ktx968
:confuse:
I show the base money factor as .00225, but sometimes that varies by region.. Chances are that your dealer is marking that up, as well..
regards,
kyfdx
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This particular dealer in Mobile, AL. Is the base MF of .00225 still applicable for that region? Also, I forgot to mention that my deal is for European delivery... would that affect the MF?
Is there a website where I could look up information such as this?
Thanks,
ktx968
regards,
kyfdx
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I saw on a local posting for a 2003 530i with 55K miles selling for $22K. It is from a local used car seller (not big dealership). The car is stick shift with no major options added.
Is the price too good to be true? I haven't checked out the car yet. But will pass if it is too good to be true.
Thanks.
2007 530i (Silver Gray, Beige Leather)
Steptronic
Premium Package
Sports Package
Park Distance Control
Navigation
MSRP: $56,570
Invoice: $52,250
In Short, I paid $3,188 Drive-off and monthly payment is $758.88 (including tax)
Here are the details:
Final Negotiated Price: $53,780 (which is $1,531 above invoice, this also includes the $825 acquistion fee)
36 Month Lease / 12k Miles per year
Cap Cost Reduction: $1,830
Tax on Cap Cost Reduction: $156
1st Month Pmt: $759
License Fee: $407
Others: $37
Drive-off: $3,188
Cap-Cost: $51,951
Lease Term: 36
Residual: 61.0%
Money Factor: 0.002476136 (based on my calculation)
Tax Rate: 8.5%
Monthly Payment: $758.88 (including tax)
Best luck shopping everyone!