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

jackjones · October 2004

I had a pretty specific car in mind (including standard transmission) but was able to find three in the St. Louis area that had everything I wanted and nothing that I didn't. That was after checking two of the four dealers in town. I think that's a pretty good indication that they're not moving fast.

The 5 series is expensive and unless you opt for the 8 underpowered compared to a lot of cars on the road that go for less. That said, I never considered anything else and I certainly don't regret the choice. I've wanted a 5 series for 15 years (divorce and then horrible career move got in the way), and unlike most things that come with high expectations this choice did not disappoint.

m4d_cow · October 2004

seriously, you can actually get a new 5 series for around $1000 over invoice, the new 5 sells way below the previous 5 and dealers are having difficulties trying to sell them
so id suggest you make some more bargains or shop to another dealership, trust me theyre just trying to rip you off.

as for the new A6, id have to say yeah theyre pretty expensive since theyre practically all new model this year.

gwrprinret · November 2004

Have you ever owned a german car? They are costly to maintain and even worse to repair. How about $900 for a timing belt on my 96 A4? I love the car but no one can work on it (oil changes and brakes excepted) but the dealer. My advice - I dumped the audi and bought a Mazda6. Next year I'm buying my wife a CTS.

330iii · November 2004

Are you speaking of 2004 or 2005 525i and 530i's? I have heard 545i's are going for alot more whether it be 2004 or 2005.

bpb41 · November 2004

I just came from Devon Hill BMW in Devon, PA, with the following quote:

2005 530i lease, 36 month 15k/year
Msrp: $51,720 Invoice: $47,345

vehicle details: jet black, gray leather, premium, navigation, steptronic, cold weather.

Residual at 60%.

$2242.60 TOOP ($700 security, $695 acquisition, $747.60 first month,$100 for tag)

$747.60/month, tax included.

I think I bargained for a great deal with cap cost at $49,000. Does anyone have any comments or insights?

rich545 · November 2004

That's not even remotely close to the truth. Like it or not, BMW has sold more 5's in the last year than the year before. Look at the sales figures. No way you get one for $1000 over invoice. They simply don't stock enough of them for that. My dealership which is not small only had 2 545's in stock when I bought mine. I'm sure they had more 530's and 525's but looking around the lot (I was just there yesterday) they certainly didn't have a huge inventory of them. I got $3000 off of the sticker price for mine which was absolutely as far as the dealership was going.

330iii · November 2004

May i ask where that dealer is located? I'm in the market for an 04 545i on the lot or 05 545i via European Delivery!

rroyce10 · November 2004

**That's not even remotely close to the truth**

            I don't doubt in a small Bimmer dealership they're not going to cut and run on every 545i ... but the reality is, most are leased and most are sold for a far smaller profit then the E39's, plus your numbers are a little skewed because BMW based it on a 15 month year .. the problem is the design and the idrive - the new "7's" sat and sat for months and dealers were stuck holding the bag without any incentive or rebate support and thats because of the false pride at BMW, besides the dealers were taking the beating, not the factory ....

              On the new "5's" they are not moving, idrive and a different body style that the market is trying to adapt to .. so they have had a lease support from day 1, "and" a little trunk money for the dealer support, so they are *buying* the market .. even the resale value is weak on the new "5's", dealers are snatching up the clean low mile 03's faster than they can get em', whats that tell you .... I'm not knocking em', I like em', but BMW has some serious design problems for the market and most dealers are sitting on pins and needles - you should be able to purchase any new Bimmer come winter for in and around $1,000/$1,500ish over invoice ...

                                      Terry.

330iii · November 2004

That's why i'm a firm believer in European Delivery. After nearly one year's ownership, my ED 04 530i is still roughly worth what i paid for it in November 2003! (According to the new KBB trade in and Private Party Sale values) Using ED softened the first year resale value's hit.

The sales tax however i kissed to god. LOL

rich545 · November 2004

Terry-They aren't "my" numbers. They are BMW's officially reported YTD sales figures. They aren't for 15 months. YTD means year-to-date. Did you think I was referring to sales figures for my dealership specifically? Speaking of which, it's hardly a small dealership. It's Laurel BMW of Westmont in Illinois which is in a suburb of Chicago. I don't know how dealerships work where you live, but I've shopped at them in both suburban New York and Chicago and one thing they all have in common is low inventory especially with the higher priced models. They would much rather have you order a car then keep them sitting on the lot. My dealership only keeps two 545's around a month because that's about how many they sell a month. That's probably the case at most BMW dealers around the country. I mean, it's a $70K car. There aren't really that many people that can afford to buy one. I suggest you give it a real world test. Go in to a dealership and try to get one for $1,000 over invoice. In fact, if you take a look at what Edmunds has for what most people are paying (True Market Value) for the 545 it's actually MSRP which is about $5,000 more than invoice. I disagree about resale value as well. I read somewhere recently (I'll try to find it) that the new 5's received a award for retaining the most value in its class. As far as design "problems" go again in real-world experience (and I've argued this point to a degree which even I'm getting bored with it) people seem to love the car. I can't get it washed without people openly admiring it. Honestly, the only people I see that don't like the E60 are the people that own the E39. Particularly those that bought it more recently.

rich545 · November 2004

Two awards that I do see that the new 5 got right here on this site are the Editor's Most Wanted AND the Consumer's Most Wanted awards. No other sedan in it's price range came close according to Edmunds.

Kirstie_H · November 2004

Folks, let's focus on pricing only. Conversation about reliability, quality, awards, and reviews belongs in the regular 5-Series discussion. Please use the search tools at the left to join any of our other existing 5-Series discussions.

kirstie_h
Roving Host & Future Vehicles Host

rroyce10 · November 2004

........ Congratulations, said like any good salesman, but you don't need to try to sell me ..l.o.l.... read my profile .........

Terry.

habitat1 · November 2004

rich545,

rroyce10 is right, don't bother to try to sell HIM on the virtues of a 5-series. He's got such impeccible taste that he lists a GM as his first car over a Mercedes as his second. What does that tell you?

As for a 545i being a $70k car?? I priced out a 2005 545i 6-speed for ED at $1,500 over the ED invoice, which is the offer I have from 2 BMW dealerships. Equiped to my specs (sport package, navigation, premium sound, cold weather, rear air bags) it comes out to an MSRP of $64,605, a US invoice of $59,025 and, according to both dealers, my discounted ED price would be approximately $56,800. This actually works out to $2,200 under the US invoice. However, I'd have to go through a lot of work and the expense of a trip to Europe to get that price. At the present time, it's not worth it.

I must admit that the MSRP for a fully loaded 2004/5 545i 6-speed seems excessive, given the outgoing M5 was "only" about 10% more. And, no matter how good the new 545i is, it's no M5, IMO.

rich545 · November 2004

Yeah, well the funny thing is that (and I mean no offence to those that are BMW salepeople) one of the last things I'd want to be is a car salesman. I got $70K by adding virtually all options. My 545 was about $65K. About European delivery, what are you really saving once you figure in travel expenses? I don't know if BMW covers any of that but even if they do you'd have to count on spending at least a couple of thousand dollars on the trip (most likely more) so you've basically spent the money you saved on the purchase. Not worth it to me except for the experience. Terry and I aren't far off when you really think about it. I actually got $2700 off on my car and he's saying $1000 to $1500 over invoice. We're probably arguing over about $500. No biggy. My point was that having gone through it, I can tell anyone that it's not like they're giving the E60 away to get it off the lot because they don't have many of them on the lot in the first place. Of course, I'm sure you could get some good deals on 04 models now, but that's no different than any other car at the end of a model year. I agree that the price for the 545 is ecessive when you add options to it, but having looked at the E500 as well I wasn't surprised. In fact, I think that Mercedes is more over priced!

kyfdx · November 2004

A friend of mine was the winning bidder on E-bay this week.. '03 530i with 6K miles.. stickshift, with premium, leather, xenons.. No sport package.. Supposedly an exec. car..

$30,100..

I told him if the car checks out, with no previous accident history.. he got a steal.

rroyce10 · November 2004

....... Lets hope your friend gets a "great" mechanic and a body man, and then has this thing looked at reeeaall close ...

$30,100 and 6k.?!? .. dealers are paying $31,0++ ..... sniff sniff, I smell something cookin', why would someone or even a dealer sell something for $1,000 less than they can get at the auction, you have to watch those ebay deals .. usually when a price is too good, etc etc ........

Terry.

kyfdx · November 2004

I must be "channeling" you... that is exactly what I told him.. Seems too cheap..

The only thing I could see holding it back was having a manual transmission without the sport package.. Usually, they tie those two options together pretty often.

Its funny.. you told me the same thing on my car back in December... that it went $3K cheaper than the others at the auction.. I looked at it myself (like that would help), and it looked perfect... But, sure enough..six months later, it shows up on the BMW vehicle history report.. $4K damage... All fenders and doors on the right side replaced..

I did save about that much.. and hopefully I'll have mine long enough to mitigate the loss on re-sale... It still looks perfect to the average stooge (like me).

We'll see.. his auction just closed on Friday.. I talked to him Saturday, and he was going to call the guy that day.. I don't even know for sure if he'll go through with it right now... I'll report back, once I know.

regards,
kyfdx

habitat1 · November 2004

Regarding European delivery on a loaded 545i 6-speed, I'd be saving a ton, even figuring in travel expenses.

The US MSRP of the car I specified is $64,605. Assuming I got a similar deal as you - $2,700 off - I would be paying $61,905. My negotiated ED price (about $1,400 over ED invoice) is $56,800. That's a $5,100 savings. If I want to make a one week family trip out of it, I'll lose half to three quarters of that. But if I want to hop on a plane go over, tap the car on the hood, and come back, I'm about $4,000 ahead.

I guess I just haven't warmed up to the 545i being a $65k car just yet. A little over a year ago, one of my business associates picked up a brand new 2003 540i 6-speed for $49,500. BMW had some healthy incentives on the 5-series. At that time, the 540i was a much better deal than the E430/E500. Now they are both overpriced in my opinion, although what is the alternative for a midlle age guy like me with a wife and 2 kids who doesn't know how to drive an automatic? My TL 6-speed is fine for now, but there isn't much above it in performance or luxury that meets my needs other than the 545i 6-speed.

330iii · November 2004

Well my trip was a quickie! I flew out of JFK on a Saturday night and arrived in Germany Sunday morning. I stayed over Sunday night. Then picked up my car Monday morning at 900am dropped off the car at EH Harms in Munich Monday morning 1100am and hopped a flight back in the afternoon at about 300pm local time. I arrived back at JFK about 7pm NYC time that same Monday evening. The trip including airfare and hotel was 450 bucks!

bpb41 · November 2004

Any help for me on this deal, guys? The car is on order, and I haven't gotten any feedback on whether I got a good deal or not. Any advice, esp. from a host, would be a help. I'm a first-time BMW buyer/lessee, and it's a big jump in cost . . .

Thanks,
BPB

alex123 · November 2004

I could be wrong but I think your lease is calculated from MSRP it does not add up. What is the interest rate (money factor) did they quote you?

bpb41 · November 2004

the money factor, I was told, is .0022

Kirstie_H · November 2004

bpb41 -
Hosts don't necessarily have more insight into your best deal than other members do. We've got the same tools available, including the TMV tool. You're generally more likely to get great advice from others who've been shopping for the same vehicle.

kirstie_h
Roving Host & Future Vehicles Host

kyfdx · November 2004

Did you negotiate this in October or November? Because that money factor is way off...

regards,
kyfdx

bpb41 · November 2004

It was on November 2 -- I told them the MSRP was $51,720, invoice was $47,375, and that 36 months/15k a year, 60% residual on a $49,000 sales price, with only inceptions ($2240) down should make the payment some where in the ballpark of $755, tax included (using edmunds.com's calculator). I also said I was looking at the MB E320,and wanted the best deal they could give me for January delivery. The sales guy checked with the sales manager and came back with $748 and change, tax included, with $2240 TOOP. I agreed and the car is now on order. In short, I don't know the money factor they actually used, but I looked at the toal cost over the life of the lease, and it looked good. BMW is running a lease program on the 525i, and they did seem to have some 5 Series vehicles on the lot. It came out to be cheaper than I expected, although I think I've covered all my bases.

Thanks,
BPB41

kyfdx · November 2004

New rates became effective November 5th... The money factor is now .0015

Did they break down how much was payment and how much was tax? I think you can get a better deal now..

Or, just call your CA and ask him if the rates are better for November, and that if they are, you want the lower rate.. when is your car due to come in?

regards,
kyfdx

kyfdx · November 2004

I know you have agreed to a price, but since you negotiated cap cost first and they agreed to it, it really won't cost them anything to give you the lower rate.. Even if they bump it up the maximum .0004 that they are allowed, it still only comes to .0019.. and that should save you $20-$30/month.

bpb41 · November 2004

Thanks for the advice, kyfdx. The car is scheduled for early January delivery. I'll call the "client advisor" and ask him if the new rates will be better--he did say " I can't guarantee rates for January now", but that should work both ways. I'll see if I can knock a few bucks a month off the payment.

kyfdx · November 2004

I would assume that the lease deal can only improve by January... If he is locking in your sale price/cap cost at $49K, then I'm betting your deal just gets better by then...

Good luck!!

bpb41 · November 2004

thanks again--I'll check to see if he really did lock in the cap cost at $49k, or if he just came back with a lower number in anticipation of lower rates. I'll post here when I find out.

blckislandguy · November 2004

I've never believed that "year end savings" were that good a deal because even if you buy the vehicle at invoice you are essentially bailing the dealer out at his cost of what will soon be a year old vehicle with the lower value that comes with the first year's depreciation.

Having said that, I came across an '04 525 left over with stick shift, premium, sport package, zenons and maybe something else that I like. What is it worth as of mid-November? The '05s are already on the ground and since this doesn't qualify for the Section 179 6000 pound GVW write off I have time to order an '05 and defer the expenditure (always a good move) for a month or two. If I were to do so I wouldn't change the options though. We would probably keep the car for 10 years (the zenons will come in handy on my way to a 50 year Vietnam Veterans reunion in 2015).

One bargaining chip I was going to use is that it is now winter in New England and the 17" (remember this is a 525 sport) wheels and tires aren't going to work. Perhaps they could throw in a set of take-off wheels for me to mount some Blizzaks? The problem is that BMW values their alloys about three times the market price, so even if I got them to throw in a set of winter wheels they might "value" it as a $2000 concession.

Any ideas as to where I should end up price wise in relation to invoice?? Is the stick a plus or a negative? (I love the stick; nothing I've ever drove for the last 45 years shifts as easily.)

kyfdx · November 2004

1) On a new car, the dealer won't look at the auction reports to see what a "nearly new" car is worth.. He'll just look at what he has in it, and whether he still needs to make a profit, or if he's willing to sell for cost, or possibly take a small loss.

So, to the dealer, it is worth at least invoice.. You would have to decide if it is worth that much to you. If you think you might "bail out of it" in a short period, then it probably isn't worth it.

2) Since it has the Sport Pkg, and the smaller engine, I would rather have the stick.. Almost any dealer you would trade it to will think otherwise.. I doubt you would have too much trouble selling it yourself with those options though.. small engine, stick, sport package all kind of go together.. If you like the stick, then that is what really matters.

3) BMW factory wheels are obscenely expensive.. $350/each at the cheapest. If you can get the dealer to throw in a set (even a used set), then that would indeed be a great deal.
Tirerack has some decent aftermarket wheels for around $100-$150... or you could scour forum classifieds for some used factory wheels.. A lot of people upgrade shortly after buying their cars new (think California), and prices are usually about half of new.

4) Any possible finance incentives on the '04, like lower interest rates? If so, that might be an extra savings..

kyfdx · November 2004

Well.. my friend flew to New Jersey yesterday morning, and picked up that '03 530i that he bought on Ebay... drove it straight home..ten hours..

6K miles, 5-speed, premium, xenons, stereo upgrade, PDC, etc.. Silver w/black leather..

$30,450 total.. plus taxes when he registers it.

Neither he or I are experts, but the car sure looks new, and he said no problems coming home.. It was a BMWNA car... employee lease.. In-serive date of September, '03

Unless something "comes up" later, I think he got a really good deal.. and I'm jealous. I want a stickshift....

regards,
kyfdx

habitat1 · November 2004

That does sound like a great deal on a 2003 530i.

However, I did resurrect an offer I received on a brand new 2003 530i 5 speed, sport, premium, xenons, etc. in August 2003 for $38,900. There was a $4,000 factory to dealer cash incentive and the dealership was selling it at invoice minus $4,000 +/-. I didn't go for it primarily because I didn't want to sell my Honda S2000 "fun car" at the time.

The only thing that sounds a little suspiscious with your friend's deal is only 6,000 miles in 14 months (430 miles per month). I put over 600 miles per month over a span of 30 months on our S2000 as a third car. I would hope that BMWNA would be honest about the car's history, and that it wasn't out of commission for an extended period due to an accident or major mechanical issue.

rroyce10 · November 2004

..... If it has a clean history, no-repaints, it's all checked-out on a lift with a good eye and it's 100% - then he made a *Great Deal* ..

What keeps the E39's rockin' is the "lack" of interest in the E60's ... at the time, they were probably the "best buy" of the year with all of the incentives on the last remaining models of the 03's ..... the funny part is, the 04's are only doing around $5,000 more than the 03's comparably equipped, thats got to tell you something .........

You bud could probably sell it and still make $5,0/$6,000 even with the handshaker .....

Terry.

kyfdx · November 2004

I was suspicious also.. As Terry pointed out last week, he bought it for about what they are going for at auction..

As far as the mileage.. Of course, any number of things could happen to cause that.. BMWNA employee leases are generally for 1 year or 10K miles, whichever comes first.. They are dirt cheap (the employee leases, that is).. so, if he had a short commute..etc, etc..

As far as BMWNA? They announce previous damage at the auction.. but, they keep it off the vehicle history report for six months.. Gee, I wonder why that is? I found that out the hard way..

And yes.. They had killer deals on the 530i last fall.. But, again as Terry says.. that doesn't translate into lower prices now.. This example is a really rare occurrence... usually, one follows the other.. It kind of makes me wish I had bought one last year... but I was stretching the budget for the 325i.

But, he won't be selling right away for a profit.. He has an '03 Lexus ES300 to sell.. He is happy as a clam with his new 5-speed BMW.

So, Terry.. '03 Lexus ES300 with 23K miles.. Gold with tan guts.. Everything original.. no runs, no hits, no errors.. What is it worth in a private party sale? Cincinnati market.

regards,
kyfdx

designman · November 2004

Steals happen but that is beyond steal. Would like to know the details of the purchase. What did your friend do to verify prior to purchase? Was a PPI done etc.? If not your friend has brass. That car in excellent condition should go between $37K and $41K.

I wouldnt worry about mileage. Plenty of people dont drive much. A guy at work has a 330 and his daily commute is 6 miles. That comes to ~1500 per year plus his weekend usage puts his total at around 5K per year. Lots of Porsche owners do between 4K and 6K per year... Ferrari watch-your-money-go-up-in-smoke syndrome. Less common with bimmers. I think BMW owners have more wanderlust.

the dealership was selling it [2003 530i] at invoice minus $4,000 +/-.

Habitat1 that would have taken the blue ribbon around here. I recall the best deal reported in this thread last year was around $3500 under invoice plus 4$K incentive. We always remember the ones that got away. I will never forget the opportunity I had for an 01 M5 last year 2500 miles, $57K. Could have driven it for a year and turned it around for the same price. I even had the guys deposit check made out. Instead, the two-seat drop-top beckoned.

Will be interesting to see how the E46s price out in the coming year, if they will approximate E39 deals last year. Also it will be interesting to see prices of outgoing BMW models as affected by the new engines.

kyfdx · November 2004

Well.. I don't know if he has brass.. or is just basically trusting.. He won the auction on ebay, and had never contacted the seller beforehand.. which I thought was nuts..

No PPI.. called the guy a week ago, asked a few questions, flew up on Friday, did the paperwork and drove it home..

The only negatives on the car that might drop the price a little.... stickshift without sport package... and, no heated seats.. Cosmetically, what you would expect from a car with only 6K miles.. just about perfect.. couple of very small parking lot dings on rear bumper, the kind you wouldn't see unless they were pointed out to you..

I'd say that as cheap as he got it.. even if he finds issues later, he is in pretty good shape... he already has 700 miles driving it, and is very happy with it. (and I know he's being straight about the price, I saw the completed auction on ebay).

regards,
kyfdx
(sometimes dreams do come true)

habitat1 · November 2004

"Habitat1 that would have taken the blue ribbon around here. I recall the best deal reported in this thread last year was around $3500 under invoice plus 4$K incentive."

Did I misspeak? The deal I was offered was approximately $4,000 under invoice, including the $4k incentive. If you could have got a 530i for $3,500 under invoice, plus a $4k incentive (i.e. $7,500 under invoice), you really blew a good deal.

As far as your used car values go, I think they are being very generous, at best. In the DC area, 2003 530i's go for way less than $37-41k. More like $32-35k, if you look around. And a 2001 M5 for $57k is a good deal (even a year ago as a three year old car)? The fact that the M5 is perhaps the ultimate sedan on the road doesn't mean it's easy to find someone to get infatuated with the idea of paying $57k for a three year old used car. Perhaps I'm a new car snob, but $73k for a brand new one sounds like a far better deal than $57k for a three year old one, suspisciously low mileage notwithstanding.

rroyce10 · November 2004

...... Perhaps in your situation the extra $17 grand wouldn't do much .. but most folks are payment buyers, even for those that drive ultimate "M", so that extra $300 a month would make *all* the difference ................

Terry.

rroyce10 · November 2004

**'03 Lexus ES300 with 23K miles.. Gold with tan guts.. Everything original.. no runs, no hits, no errors.. What is it worth in a private party sale? Cincinnati market** ....

Sounds like the mid/tall $23's, maybe the low low $24's if everything goes his way on the trade side, not much help from the color or the miles ... might see $26ish after all the smoke clears down Retail Rd .. it's funny, but like the "old 5" Bimmer body, the ES is going thru the same thing .. clean low miler "02's" will do "almost" what the new body will do ..... whats that tell ya.?

Terry.

blckislandguy · November 2004

an '04 525 stick, black on black, sport, premium, heat (seats) and lights (zenons) with 17K at a dealer as a CPO in soon to be snowy Boston? How much more would you pay for the same car if new? Note, no great factory financing on either one but the CPO has a better warranty than the new unit.

designman · November 2004

Did I misspeak? The deal I was offered was approximately $4,000 under invoice, including the $4k incentive. If you could have got a 530i for $3,500 under invoice, plus a $4k incentive (i.e. $7,500 under invoice), you really blew a good deal.

I stand corrected on the including/plus slip. By my original point was that $38.9K at $4000 under invoice was at the extreme end of good deals last year in this thread.

The fact that the M5 is perhaps the ultimate sedan on the road doesn't mean it's easy to find someone to get infatuated with the idea of paying $57k for a three year old used car. Perhaps I'm a new car snob, but $73k for a brand new one sounds like a far better deal than $57k for a three year old one, suspisciously low mileage notwithstanding.

It was two years old when I saw it. And it was bought the same week I turned it down. I saw others go just as quickly for a lot more. For someone who heaps praise on the M5 I find it curious how you would classify someone as infatuated for buying one with 2500 miles for 17 grand less. I wouldnt call you a new car snob, Id say you are infatuated with new cars. Im not. And I would take new-545 money and put it on a cream puff E39 M5 any day. Furthermore, that particular car would have turned around with less depreciation in a years time. BTW, the low mileage is suspicious to YOU because you know nothing about the car.

habitat1 · November 2004

$17k may sound like a lot of savings, but that's only 23% less than the price of a brand new vehicle. And, given that the 2001 M5's were out in October, 2000, I would respectfully suggest that most buyers would consider it a three year old "model" by mid to late 2003. There were some tweaks and minor improvements for 2002 and 2003 as well (e.g. nav system).

"BTW, the low mileage is suspicious to YOU because you know nothing about the car."

I may not know anything about THAT car, but I have been coached by a few well qualified friends and associates that a car that "sits" for extended periods of time is MORE likely to have some mechanical issues than one that is driven regularly. I won't go beyond MY limited technical expertise, but as it was described to me, belts and chains get rigamortis, fluids evaporate and/or solidify, even tires get fatigued from being in one position. And the idea of starting up a car and driving it a few miles once or twice a month is hell on an engine that doesn't really get a chance to warm up. Heck, my Honda S2000 wasn't even fully broken in until it had 5,000+ miles on the odometer. I didn't test it's 9,000 rpm redline until well after 1,500 miles. Call me paranoid, but I'd be willing to bet a dollar to a doughnut (or better yet, $73k to $57k), that my new M5 would get a much better break in routine than that 2,500 mile 2-3 year old used one did. The beauty of the M5 is that it is meant to be driven, not looked at like a fragile piece of art. I'd be much more inclined to buy a 3 year old M5 from someone who appreciated that and driven it (responsibly) for 15,000+ miles than someone who needed a trophy for their garage.

lee_w · November 2004

Anyone have new prices paid or buying experiences to share?

kyfdx · November 2004

Thanks Terry.. I believe he is asking $27,500, so hopefully he can get $26K out of it.. He is definitely selling it retail.. Thanks for the info...

regards,
kyfdx

alex123 · November 2004

list is $ 58,455.00 with a sell price of $ 55,490.00 plus tax and tags. payment for a 36 month/10,000 mile lease comes to $ 717.54 per month including PA tax

1st month: $ 717.54
Security: $ 750.00 (unless you have a current lease with BMW)
Bank Fee: $ 525.00
DMV Fee: $ 261.00
Total: $ 2253.54

What do you think?

habitat1 · November 2004

I think that is an absurd purchase price for a 530i. The modestly powered 6 cylinder 530i is a decent car, but over $55k is just nuts, IMO.

If it were me, I'd cash in some frequent flyer miles and get a 545i through European Delivery for $1,200 to $1,500 over invoice. The loaded 545i 6-speed I priced out came in at below your price for a 530i. Not sure about leasing through ED.

rroyce10 · November 2004

...... If it was new.? .. probably $600/$800 over invoice, minus any incentives ....

The pre-owned.? .. the dealer probably paid in and around the $34ish figure, by the time they do the CPO and a few things it probably hits the table at the $35ish figure and he probably would cut it loose for the $37ish zipcode or less .. it's a handshaker, he won't want that dude in the inventory for any length of time with winter coming ...........

Terry.

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

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