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

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Comments

  • tronicsjunkietronicsjunkie Member Posts: 3
    My first post here... and first BMW ownership....

    My wife and I are looking to purchase a new 528i in the coming months in Houston Texas. We would like a blk/blk or wihite/ tan leather, automatic trans, premium pkg, sirius, ipod adapter, tint, and floor mats. Does anyone know if BMW offers more incentives when the new 2009 models arive supposely in September. We would even be willing to purchase from Dallas dealers, anyone from Houston get better prices out of town. BMW doesn't discount like the US car makers do w/ $50k trucks discounted $15K so the best discount will help in making such a over priced purchase less painful. Also, is there any difference wether you purchase or lease a BMW (any benefits from leasing as oppssed to buying?).

    Any information appreciated.

    thnx
  • sandwalker1sandwalker1 Member Posts: 8
    I am hearing up to $1k off invoice from several dealers on 535i. I got an offer for a about $800 under invoice on a white one in Southern California because of some particular options I want. So msrp ~$56k to just over $50k. 0.9% financing. Pretty good deal. Not sure how prices and financing is going to move in the next few months though. I just know there is a load of 5's at the dealers and loads more at the port. I wouldnt be surprised to see prices drop even more. (I hear some Mercedes dealers are doing 5-6k off C class and 15-20k off S550). anycase I'm happy with the deal i am getting. Let me know if you hear pricing that is different from mine.
  • blue_chaserblue_chaser Member Posts: 1
    Has anyone heard rumors of what incentives will be forthcoming when the .9 financing ends 9/02? Also have not seen a date the free premium package ends. Trying to decide whether to pull the trigger this week or wait...?
  • cctdicctdi Member Posts: 82
    The 335xi came to my driveway on February this year was the car standing on dealer’s lot, the deal I got was $ 550.00 above the invoice with the MSRP of $46,650.00.The car was made on 08/07, so the car might have been in the dealership for at least two months. The 535xi Alpine white loaded with rare back seats fold down option made on 04/08 with MSRP of $ 59900.00 had to come from a dealership in Rhode Island to South Jersey, and I paid $ 56000.00 on this passed June to the same dealer.
    I put up just bought 07 Treareg V10 tdi for sale through VW Vortex and Touareg Club by a well known forum maker, for two months NO ONE made any offer with 20k off the price I paid for it! It took only two weeks for local VW dealer to sell my 05 Passat tdi, and I got a few same church goers asking me if I want to sell the 06 Hybrid Highlander. The old saying: the timing, demand, and supply are still the factors.
  • gfish49gfish49 Member Posts: 27
    Looking to purchase a 2008 535xi, msrp 58,670. Dealer is quoting me 55,670. I would put 10k down and payment would be 840 a month for 60 months. Can I do better and if so by how much. It seems like it is a better deal to buy now instead of lease - correct. Thanks!
  • eights38eights38 Member Posts: 145
    gfish49 - The question of leasing vs buying is a personal choice. Do you drive between 10K and 15K miles per year? Do you like to have a new car every couple years? If the answer to these questions is yes, leasing is probably your best choice. If you need more help, please feel free to email me at eights38@gmail.com.
  • gfish49gfish49 Member Posts: 27
    Actually, I have leased my last 5 cars. So, guess I do like new cars, but I do put a lot of milage on my cars, about 22,000 a year. So this time with the low interest rates available at BMW and comparing it to their lease rates, it almost looks like buying maybe a good deal now. The only negative is the upfront money that I would put down for buying.
  • sandwalker1sandwalker1 Member Posts: 8
    gfish - i think you should be able to get a better deal on the price. i would target for 53000 or 1000 under invoice.
  • gfish49gfish49 Member Posts: 27
    Thanks, I have a chance to buy a certified 2008 BMW 535xi too, msrp of 55,225 and selling price is 47,495. The car is certified and has about 9000 miles on it. It also would qualify for the .9 financing, because it was a demo car. Think I would be better off buying this or buying the brand new car. Would 47k be a good price for this car? Thanks again
  • lordseganlordsegan Member Posts: 1
    MSRP is 48925. They are offering 4200 off, for 44,725. We are paying cash.

    Does this sound reasonable?

    It has Parking assist, premium package (included in their incentive?), iPOD.
  • rodjnrodjn Member Posts: 1
    There is more room to deal on this one based on comments here on the board and my own buying experience. You should be able to get it for about $1000 to $1200 below invoice. I would say $44,000 is reasonable.
  • tronicsjunkietronicsjunkie Member Posts: 3
    Sales of BMW brand vehicles decreased 4.1 percent in August for a total of
    25,462 compared to 26,562 reported in the same month a year ago. Year-to-date
    BMW brand sales were down 7.4 percent, to 180,889 vehicles compared to 195,436
    vehicles sold in the same period in 2007.

    Sales BMW of North America, LLC, August 2008

    August AugustYTDYTD
    08 07 %August 08 August 07 %

    1 Series1,19008,617 0
    3 Series 10,756 12,470 -13.7% 81,967 97,041 -15.5%
    Z4 Roadster and Coupe 5561,127 -50.7%4,672 6,547 -28.6%
    5 Series5,2875,1732.2% 32,908 33,840 -2.8%
    6 Series 663 761 -12.9%4,881 5,951 -18.0%
    7 Series1,2011,294 -7.2%9,391 9,924 -5.4%
    BMW passenger cars 19,653 20,825 -5.6% 142,436153,303 -7.1%
    X3 1,9633,181 -38.3% 13,220 20,107 -34.3%
    X5 3,3802,556 32.2% 22,347 22,0261.5%
    X646602,886 0
    BMW light trucks (SAVs) 5,8095,7371.3% 38,453 42,133 -8.7%
    BMW brand 25,462 26,562 -4.1% 180,889195,436 -7.4%
    Cooper /S Hardtop 3,6313,233 12.3% 24,966 22,249 12.2%
    Cooper /S Convertible 505 844 -40.2%4,545 5,656 -19.6%
    Cooper /S Clubman 1,33307,421 0
    MINI brand 5,4694,077 34.1% 36,932 27,905 32.3%
    TOTAL BMW of North
    America, LLC 30,931 30,6391.0% 217,821223,341 -2.5%

    Paste link in below for full story.

    http://www.earthtimes.org/articles/show/bmw-group-reports-august-sales,526328.sh- tml

    regards.....
  • mango39mango39 Member Posts: 10
    I am planning to lease a 528i with the following options in Texas:

    528i Black on Black
    ZPP Premium Package
    ZCW Cold Weather Package
    522 Xenon Lights
    6FL Ipod and USB Adapter

    MSRP: $49775.00

    Here is the offer from dealer:

    Sale Price: $44775.00 ($5000.00 less of MSRP)
    Sale Price + Tax : 47574.00 (Drive Out)

    Initial Payment+Security Deposity+ttl+acquisition Fees: $2250.00
    Initial Payment: $686.00
    Security Deposit: $700.00
    Rest: ttl+acquisition fees

    Lease Payment: $686.00 per month for 36 month with 15K miles/year.

    Is this a good deal on lease?
  • fablanefablane Member Posts: 2
    First time on a forum like this...I wanted to know if anyone else has had an experience like mine. I am in the market to buy a 5.28 BMW 5 series....
    This was deal:

    A 2008 5.28 BMW series
    fully loaded only thing it didn't have navigation....

    Purchase price 37,000 has 15k miles and I wanted 100k mile warranty but no such luck? I was ready to buy last night but they did not go for it...

    Anyone know why they wouldnt give me the 100k mile warranty....

    Thanks
  • abraham421abraham421 Member Posts: 12
    Good Deal??????.......new 2008 535i:

    $775/month (taxes and bank fee rolled in), 36 months, 12k/year

    sport, premium, cold weather, nav, Ipod...msrp $58,775

    Upfront: $1794 (1 month + security deposit + plates)

    Please reply ASAP...thanks!
  • weno2weno2 Member Posts: 38
    I was looking for a 535xi w/the following package: Cold, Premium, Satellite Radio, and iPod/USB Adapter (Chicagoland area). Sticker was $55,850, and dealer wanted $52,225, but I figured $50K was fair.

    Dealer said they were reducing their holdback from 6% to to "3%". They were still charging for the premium package, so that's an additional profit of approximately 4%, on top of the 3%.

    Now BMW's rate is 4.9%, and I can get 4.5% at my credit union.

    Think I'll wait for the 09s, b/c I can get the color I want, w/the options I want. I also liked the body style I've seen.
  • x021627x021627 Member Posts: 152
    you can certainly do better and the price, considering the premium package credit, even if you only get 50% of it, the selling price should be under invoice.

    Check around or wait till the 09's to get the exact options you want. Remember initially there will be little budging on the price of the 09's.

    Time is on your side....
  • car_rmcar_rm Member Posts: 47
    What is your negotiated selling price? Lease aquisiton fee should be $625, did they mark it up by a max of $200? What is the money factor that is being used? They can mark that up by a max of .0004 and another mark up if you are not an existing leasee if you don't pay the security deposit. Additionally, you can pay multiple security deposits to bring the money factor down .00007 for each additional deposit (max 7 + 1 for new leasees).

    Good luck.
  • weno2weno2 Member Posts: 38
    The invoice price w/the premium package credit was approximately $48.7K. There may be little budging, but I don't expect the car market to improve to the point the dealer will offer a $500-$1000 price cut, and the buyer should feel honored.
  • gscottnelson1gscottnelson1 Member Posts: 9
    I am in Dallas, and they are offering $3k off MSRP for the model I want - hard to find a 528i with Navigation. He won't seem to budge. (MSRP is $50,750 - $3k discount to $47,750)

    Includes:

    Premium Package
    Navigation
    Heat Seats
    ipod

    How does one go about getting a better price? I have not bought new car in 15 years. They are quoting 1.9% for 60 and $0 down.

    My other option is ordering an 09 - but I am not sure I can get an interest rate like that at that time- even though it says 1.9% will expire 10/31.
  • bmlexusbmlexus Member Posts: 755
    I sat in the 5 series today . Very well built from the inside but the side crash rating isn't even average. Doesn't it affect any1 buying it? isn't it questionable?
  • carnaughtcarnaught Member Posts: 3,497
    Yes, the crash tests results bum me out. I found out about them just after taking delivery of my 535. Would it affect me buying one? Maybe.

    But..... years ago when I met my now wife, she complained on having power windows in a car. If we even drove into a body of water, she said, we may not be able to escape readily with them. I just can't live my life thinking like that.
  • abraham421abraham421 Member Posts: 12
    Ok...here's the final deal. Any thoughts?:

    -MSRP: $58,775
    -Invoice: $54,060
    -Selling Price (below Invoice): $53,666 (w/premium incentive): $51,666
    -MF: 0.0160
    -Upfront Total: $1250 (first month, plates, doc, tire, etc)
    -$/month: $804 (bank fee and taxes rolled in)

    Seems like a pretty good deal...Black sapphire, Natural brown, premium, sport cold weather, nav, ipod........can I do better?

    thanks!
  • abraham421abraham421 Member Posts: 12
    Forgot to mention: 36 months, 12k/year
  • fablanefablane Member Posts: 2
    are you in S.CAL? if so, contact internet sales...Savage BMW...they are great!
  • gscottnelson1gscottnelson1 Member Posts: 9
    I am getting a new 528i this coming weekend with

    Navigation
    Premium
    Xenon
    Ipod
    Cold Weather
    Sirius

    for $48,400 - MSRP is $52,600 - I think I am right at invoice. Comments? :confuse:

    Question: Is it smart to get either the extended Warranty to 6 years/100,000 miles or the extended maintence plan?

    I am struggling which way to go here... I don't know if the Warranty is per repair or per visit. On the sales paper it seems I would save money if I bought the extended service maintence plan if I went to the dealer for the scheduled items...

    Comments?
  • kyfdxkyfdx Moderator Posts: 235,188
    How many miles per year do you drive?

    Edmunds Price Checker
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  • bmlexusbmlexus Member Posts: 755
    When will the next gen 5 series will come?

    Is it possible that it will also use turbo engines like the current x6 and the new 7 series...

    Thank you :)
  • eights38eights38 Member Posts: 145
    bmlexus - The current 535 has a 3.0-liter, turbocharged inline 6-cylinder engine that produces 300 horsepower.

    The new 5 Series will be revealed in 2010.

    Matt
    eights38@gmail.com
  • ponytrekkerponytrekker Member Posts: 310
    I think he means turbo V8.
  • bmlexusbmlexus Member Posts: 755
    Thanks
  • gscottnelson1gscottnelson1 Member Posts: 9
    I was wondering - if that clear plastic protectant that you can put on the front parts of the car - the hood by the radiator, bumper, etc... worth it or does it not look good...and does it protect well?

    I should be picking up my new 2008 528i tomorrow....
  • carnaughtcarnaught Member Posts: 3,497
    Since you can't wax them I wonder if they become dull or discolored after a while. Also, it you ever remove them, the color underneath I would think would be different than the rest of the car. Although the protection from rock chips would be good, I just use touch-up paint.

    Good luck with the 528. What color did you get?
  • skobolaskobola Member Posts: 207
    BMW has a 7-year model life, therefore, the new 5-series should be introduced as a 2011 model, as the current one was introduced as 2004 model. In Germany they come one year earlier, thus 2010 would be correct over there, however, the US has been getting it one year later. Currently, the new 5-series are being introduced in February, which makes the 2009 5-series already available while the 2010 should be out in Feb 2009, which is not that too far away.
  • drgumsdrgums Member Posts: 51
    I just ordered a 535xi 2009 with a manual 6 speed transmission

    36 months, taxes upfront, 1st month, MV....$766 per month.

    prem, cold, ipod, PDC, Sat radio, fold down seats...I FORGOT TO MENTION NAVIGATION ALSO.

    I thought about the new A4 Audi, but the manual will not be out for several months at the earliest... and after test driving the automatic version, the 535xi 300HP twin turbo with a stick is just explosive...I have yet to drive anything like this sedan w/ a manual in this category....
  • nyccarguynyccarguy Member Posts: 16,373
    Nice car...just curious, why the Xi?

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • drgumsdrgums Member Posts: 51
    I have been driving BMW's for over 20 years...I will never go back to rear wheel drive again.....even if the performance takes a "hit" with the xi system. This is still a great driving car...and if I want the performance of a BMW then this will be perfect for me....and BTW...I currently drive a 2005 x5 w/ a manual 6 speed ...what an experience!....however I am ready for a change...this should be fun!

    Any other thoughts???
  • weno2weno2 Member Posts: 38
    What's the difference b/w the 2008 and 2009?
  • drgumsdrgums Member Posts: 51
    As far as I know...there will be no changes in the 2009 model.
  • nyccarguynyccarguy Member Posts: 16,373
    I was just veing nosy. Good luck with your car. anything BMW builds with a 35 as the last 2 numbers before the letters accelerates phenomenally. Pretty much every E60 I see on the road is an Xi. What region of the country are you in? What made you believe in AWD so much that you switched from RWD?

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD

  • lacoastlacoast Member Posts: 4
    Got this quote today.(SoCal) - Is this good considering there is a $2100 premium package credit from BMW

    2008 528i - Prem,Sport,Navigation,Xenons Satellite Radio, Ipod/Usb
    MSRP - $54,420
    Selling Price - $49,615

    12K/36 months - $667 includes tax
    1.4% MF, 57% Residual
  • lacoastlacoast Member Posts: 4
    did you get this deal in Southern California? I've gotten a few quotes but they don't seem to be giving me the full premium credit.

    any advice?
  • drgumsdrgums Member Posts: 51
    I couldn't deal with RWD in the poor weather.

    This AWD seems to do the job as far as I have read.

    Does anybody have any experience with the AWD in snow and icy weather?

    Thanks for the input.......
  • w_harrisw_harris Member Posts: 5
    I am looking at new 08 535i Blk/Biege with Sport, Comfort, Prem., Logic7, Heated Front Seats, iPod adapter. MSRP $58,825. Dealer says $4000 off. My calculation of invoice (taking Premium incentive into account) is $52,100. Is this the price I should try for, or are sales being done for ~$1000 less than the calculated invoice?
  • abraham421abraham421 Member Posts: 12
    my SP w/ same exact MSRP was 53,666
  • thunder10thunder10 Member Posts: 10
    I just leased a 08 535i Prem/Navigation/Cold

    10K miles *36 months for $585 a months.

    This is a demo car, so it has some miles.

    What do you think is this a good deal
  • cctdicctdi Member Posts: 82
    The main reason I chose xi on my 08 5er is the one inch more ground clearance; the other models have the bottoms only 4” inches off the ground, so if you get 3-4 inches snow on the road, most Bimmers just plow the white stuff. The 07 S8 got me so piss; with 3.7 bottom high and performance tires, this all wheel Quattro is a useless car on the snow.
  • mas6002mimas6002mi Member Posts: 18
    Any numbers available?
    My dealer is offering $2500 off MSRP. Do u think it is a good price, what shd I be looking for?
    This is with Premium, Navigation, COld, Comfort access.

    Thx.
  • mas6002mimas6002mi Member Posts: 18
    Thx
  • w_harrisw_harris Member Posts: 5
    I just purchased a 535i (08) for $130 above invoice ($4600 below sticker). Use the invoice pricing from Edmunds and shoot for no more than 4% above that.
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