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

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Comments

  • manikamanika Member Posts: 1
    Hey all,
    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?
  • sb55sb55 Member Posts: 659
    I saw an ad in the NY Times. All 5 series at invoice. I just don't remember the dealer.

    2025 Toyota Crown Signia Hybrid, 2022 Ram 2500 Laramie 6.4 Hemi, 2007 Mazda MX-5 Miata PRHT

  • low_ball_88low_ball_88 Member Posts: 171
    Invoice price is hard to believe...must be 2006's since they are no longer in production.
  • low_ball_88low_ball_88 Member Posts: 171
    Pretty good deal. Another $500 lower is doable. I would say $3,000 below MSRP is a pretty good deal.

    I say NO DEAL!

    LOL
  • sb55sb55 Member Posts: 659
    You are right. It was invoice for ALL 2006's.

    2025 Toyota Crown Signia Hybrid, 2022 Ram 2500 Laramie 6.4 Hemi, 2007 Mazda MX-5 Miata PRHT

  • low_ball_88low_ball_88 Member Posts: 171
    There are no significant differences that I believe between 06 and 07. Still a heck of a deal at invoice. No way will in CA are they selling it at those prices. Best prices here for a 5 series is $1000 over invoice (this includes the MACO @ $400 + $600 profit).
  • ncbimmer1ncbimmer1 Member Posts: 14
    I was given a deal for a 07' 530i with
    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? :blush:
  • lpsshopperlpsshopper Member Posts: 8
    Regarding the NY Times ad for 5 Series, Do you remember the dealership or part of town it was located in? I haven't seen many 2006's, and that would be a good deal.
  • kyfdxkyfdx Moderator Posts: 267,284
    Do you have the MSRP?

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  • kyfdxkyfdx Moderator Posts: 267,284
    I'll venture out on a limb...

    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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  • ncbimmer1ncbimmer1 Member Posts: 14
    MSRP is 57620
  • kyfdxkyfdx Moderator Posts: 267,284
    It looks good.. I show the base MF to be .00225... Looks like they are marking it up for some extra profit... As stated before, that adds about $20/mo. to the payment...

    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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  • ncbimmer1ncbimmer1 Member Posts: 14
    kyfdx,
    I took the deal. My car is being shipped.
    Thanks for all of you help!!!!!!! ;)
  • eddie33081eddie33081 Member Posts: 19
    Hello Everyone,

    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
  • ncbimmer1ncbimmer1 Member Posts: 14
    eddie33081,
    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.
  • eddie33081eddie33081 Member Posts: 19
    Do you have any suggestions on a dealer that will give me 1000 over invoice and that money factor. Ive hadent any luck sticking to those numbers. I ended up walking out that day.

    Let me know. Im ni southern california.

    Frank
  • dal2dal2 Member Posts: 2
    I am shopping for a lease in central NJ for 2007 530xi with all the bells and whistles but manual trans. Any good experiences with dealers in this area? I am assuming a deal about 1000-1500 or so over dealers cost with a residual of 70% for 15000K and 24 months would be good. I wonder when the money factor can be expected to drop as I have some latitude as to when to turn in my current leased car. Anyone buy this car and have real world numbers?
  • carlover123carlover123 Member Posts: 1
    Any info on 2007 - 5 series pricing. Edmunds shows an invoice of 46155, what is a reasonable price on this ?
  • eddie33081eddie33081 Member Posts: 19
    Ok.

    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
  • ncbimmer1ncbimmer1 Member Posts: 14
    Sounds like a great deal!
    GO FOR IT!!!!!!!!!!!!!!! :shades:
  • socalguy61socalguy61 Member Posts: 10
    That's damn good for a 2007. Which dealership? Also, is it on factory order, or on lot?
  • 330blast330blast Member Posts: 49
    After months of searching, I finally pulled the trigger on a 2003 530i. Bluewater metalic with grey leather. Auto, Premium and sports pkg, xenon. 29K miles, CPO until 3/21/2009. I paid $28,500 + TTL. All financed with 2.9% for 60 months.

    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.
  • cmybimmergocmybimmergo Member Posts: 265
    That's a great price...even if it *is* a slushbox (I'm partial to the 5 spd myself). ;)
  • nyccarguynyccarguy Member Posts: 17,534
    Congrats on your "new" car. It is nice to have a gauge on how much the dealer's actual asking price on a CPO car vs. what they'll actually take for it.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • dallencatdallencat Member Posts: 28
    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

    Thoughts??
  • nyccarguynyccarguy Member Posts: 17,534
    Going for a stick and NOT the Sports Package? Hmm. To each his own i guess.

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD

  • dallencatdallencat Member Posts: 28
    I wasn't sure if the difference was worth the cost. You believe so? I felt like I was paying more for the seats than the performance.
  • nyccarguynyccarguy Member Posts: 17,534
    If you felt that way, then you made a good choice.

    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

  • dallencatdallencat Member Posts: 28
    I wanted the halfway point between the best drive and the best ride. I love a stick, so not getting the SP was the trade-off. I'm not sure about the active steering. The other reason is that the Performance tires are not good in the snow belt of Cleveland! I'd have to go with snow tires in the winter.

    It's being built in the next two weeks, arrival in mid-June or so. Can't wait to get it!
  • jec1031jec1031 Member Posts: 5
    Good evening all.
    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.
  • ncbimmer1ncbimmer1 Member Posts: 14
    jec1031,
    What is the MF factor on your lease and also what is the breakdown of the $4,000? :confuse:
  • jec1031jec1031 Member Posts: 5
    The breakdown of the $4000 was about $1900 cap reduction, $825 acquisition fee, 1st mo payment of $671, tags, doc fee $45 and about $200 tax up front and on the cap cost reduction. The money factor looks like it was about base at 5.4%. In comparison to everything I read, this seems like a decent deal. The figures on top are from my customer quote sheet. Im no expert by no means, but, When it was all said and done, they came up with a $671 payment w/ tax. What do you think?
  • ncbimmer1ncbimmer1 Member Posts: 14
    jec1031,

    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:
  • dallencatdallencat Member Posts: 28
    Repeat of message above to see if this was good.

    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??
  • ncbimmer1ncbimmer1 Member Posts: 14
    No deal that price is $400 over MSRP. :sick:
  • dallencatdallencat Member Posts: 28
    The price is TOTAL, including TTL. MSRP = $49,540 Invoice = $45,760, selling price is $46,840, or $1080 over invoice + TTL. Out the door is $49,900 (6.25% tax is non-negotiable!).
  • dsalingerdsalinger Member Posts: 1
    I am in S. FL and thinging of buy a '07 525i
    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?
  • dallencatdallencat Member Posts: 28
    According to Edmunds.com, the invoice is $44,285. I'm trying to confirm above if I got a good deal as well.

    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! :) I got mine at $1080 over invoice +TTL.
  • rlsillsrlsills Member Posts: 1
    I'm being offered a '06 530i (14K miles) "Certified" used BMW with Cold weather, Premium and Auto transmission packages for $45K. Any thoughts?
  • hihomikehihomike Member Posts: 111
    I ordered a 2007 530i here in south florida. It is now at the dealership awaiting PDI. They ordered the car for me as a courtesy without any money down from me since I am in the auto business.

    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.
  • bimmerfan_sfbimmerfan_sf Member Posts: 12
    Finally made up my mind to pull the trigger today. Called a couple dealers and the best quote I got is:

    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! :D
  • dallencatdallencat Member Posts: 28
    Responses have been very slow here lately! Hopefully the forum will pick up. I've already pulled the trigger on my 2007 525i as indicated above, but would still like thoughts on if I got a good deal or not.
  • ktx968ktx968 Member Posts: 5
    Does anyone know the lowest possible MF and acquisition fee, through BMWFS for a 2007 550i?? I am about to close a deal on a 36 month lease, based on a MF of .00255 & $825 Acq. fee and I'd like to know if i'm getting a good deal. I would really appreciate it if anyone could let me know.

    Thanks for your help,
    ktx968
    :confuse:
  • kyfdxkyfdx Moderator Posts: 267,284
    The buy rate on the acquisition fee is always $625.. Your dealer is marking it up by $200 (typical).

    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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  • ktx968ktx968 Member Posts: 5
    Thanks for your reply kyfdx.
    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
  • kyfdxkyfdx Moderator Posts: 267,284
    ED adds .0003 to the MF (in return, they waive one payment), so it looks like you are getting the base rate..

    regards,
    kyfdx

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  • bimmerfan_sfbimmerfan_sf Member Posts: 12
    How much did you pay (drive-off and monthly)?
  • theflowtheflow Member Posts: 98
    Hi,

    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.
  • bimmerfan_sfbimmerfan_sf Member Posts: 12
    Does anyone know the current residual value for 2007 525i (36-month, 10K miles/year)? Thanks in advance!
  • bimmerfan_sfbimmerfan_sf Member Posts: 12
    Just picked up the car. I decided to go with the 530i last minute. Here's what I got and what I paid. I think I got ripped $1000-1500, oh well, I'm just tired and don't want to spend any more time on this, plus the saleman is pretty nice. Hope this information can serve other ppl as the up-limit benchmark :)

    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!
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