Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I know a guy with a 2000 528 with the sport package, and he said that with the regular tires, his car is useless in the snow. I also know a guy with a Mercedes C43 AMG with the sport package who says the same thing, and I saw it demonstrated first hand when he took it up to Vermont in the same snowstorm as I did. The car performed very poorly on snowy roads. So I would say, if you get the sport package, definitely get snow tires.
I opted for the 530 over the 540 because of (1)cost (2)gas mileage (3)insurance cost and (4)most importantly, I did not think that I could make use of the extra power provided by the 540. I found the 530 a thrill to drive and still do. It certainly does not fall short in the type of performance that I demand. I like fast acceleration and the 530 provides it, so I did not think all the extra costs of the 540 brought a real benefit.
If the economy keeps up, I dont know, my Integra may not make it back home, but M3 just might. :-)
riez: Glad to hear you didn't need to exercise the full capabilities of the 540i 6-speed to enjoy it with the kids in the car. And I do understand what you mean. Even though I've been driving my new S2000 less aggressively than some push an Accord, it's nice knowing that I have extraordinary capabilities available, if and when I want to use them. And even at lower speeds the preciseness of the S2000's transmission, engine and chassis can still be appreciated. My only point for others debating which 5 series to get was that a 530i sport can match the handling of a 540i 6-speed and gives up much less in acceleration than the old 528i did. But if YOU really like the extra power, then by all means, a 540i is the right choice. (Assuming you don't start sliding down the slippery slope and end up craving an M5! That was my fear - that perhaps if I couldn't be satisfied with a 530i's power, I would get carried away and end up with a $75,000 deficit in my checking account!)
You can even specify some options that are not available in US. My 530i is getting the factory clear corner and active (massage) seat option, which is really handy on long trips when your butt starts going numb.
Seriously though, if you bought a 2002 M5 for under $65k, drove it for two years and brought it back to the states with under 30k miles, I would guess you could sell it for close to $57-60k. Although the up front price is a big bite, the net cost would probably be less than a Honda Accord. That's the kind of thinking that landed me in a Honda S2000 "for just a year or two, 'Honey'". Hopefully, I won't grow too attached to it by the time we opt for a new sedan. As for the M5, I probably would end up owning it for life (undoubtedly shortened by my wife!).
Thanks for the tempting teases.
RE: snow tires. If you have the sport package, am I correct to assume that you go back to the 16" wheels and tires for snows in order to get something narrower?
Take care.
Joe W.
Are you the same Jim (from the Philly area if my memory serves me correctly) that was 3-Series shopping back in 1998 and 1999 when I was engaged in the same activity on these very boards?
Best Regards,
Shipo
Given that I am wanting a 530i, PP, SP, Xenon and Premium Sound, that would work out to $42,138.08 including Destination, NJ Sales Tax and Luxury Tax. I figure that I will have to make a decision sometime in January, so the initial call will have to be very soon.
Good talking to you again and good luck shopping. I will keep y'all posted as to my progress.
Best Regards,
Shipo
In regards to leasing, does any one know what the money factors and residual %'s are for a 530i and a 330i?
Basically, you can arrange through any BMW dealer for an ED on a new car. BMW offers a very nice discount when you purchase (or lease) a car in this method, hence the interest expressed by many folks. If you decide to go that route, you can specify when you want your car ready for delivery in Munich (assuming that you give them enough lead time AND that there are still reservations at the factory available for that time slot). When everything is set, you fly to Munich, arrive at the delivery center at the pre-determined time, get a full detailed delivery of your car (I think there is a factory tour available as well), and off you go. BMW picks up the tab for up to one month of European car insurance, German license plates and registration for a month, the shipping back to the USA and delivery to your dealership. Once at your dealership, your car is detailed again, and delivered to you again. Sounds like fun.
If you want a better write-up than this, look over at the 3-Series thread in the Sedan area, there was a contributor that posted a blow-by-blow description of his ED experience with is new 330i, back in April or May or so. The BMWUSA website also has a fair amount of info on the ED program.
And yes, I am looking to lease again (see message to Pen101), however, I have not yet checked out the MF for the 5-Series.
Pen101,
Hmmmm, let’s see, I suspect that the difference in our calculations is that I intend to lease my car (I am part owner in a few small businesses and we lease all of our cars for tax reasons). Having said that, here in NJ, we pay sales tax only on the depreciated portion of the car, that means that if I lease a car that has a negotiated price of $40,000 and a residual value of 29,000, I will only have to pay sales tax on $11,000 (at 6% that works out to only $660.00) and not the full price of the car (once again, at 6% that would be $2,400.00). So, to run the numbers, we agree on the ED invoice of the car as I would have it optioned ($39,870), to that I add $1,400 for dealer profit, $98.10 for Luxury Tax (I calculated it for 2002), $769.98 for NJ sales tax (I am using a conservative estimate of 60% for the residual percentage, which works out to $28,437), and presto, we have the total price of $42,138.08 out the door (not including any licensing fees).
I hope this helps.
Best Regards,
Shipo
Anyway, I digress, said 530i appeared to have Xenon head lights with the DRL feature activated. Unlike virtually every other car on the road with DRLs, the 5-Series lights up all four front lamp locations, this is accomplished via a low powered “Light Ring” located around the reflector of the main lamp (low or high beam), giving the effect of four little Solar Eclipses, or better yet, four little halos. Also unlike virtually every other DRL equipped vehicle, these are not annoying like standard High-beam DRLs that glare in your eyes regardless of whether you are coming at them head on, or if they are following you and glaring at you via the mirrors.
My impression is that the E39 has finally come into its own in the last two model years, it seems a shame that this is the last year for this model given how nicely it has matured. I guess I wouldn’t mourn the passing of the E39 so much were it not for the quirky look that the new 5-Series seems to have. That new look is one that I do not think I could be happy with, regardless of how technically superior the package might turn out to be over the E39. It looks like it is time for me to ante up and shut up, and go get a new 2002 530i.
Best Regards,
Shipo
mf= 00190 (about 4.56%)
Residual = 63% for 10K
62% for 12K
60% for 15K
What should I expect to pay over invoice (or under MSRP) to be able to feel like I got a good deal? Also, what is everyone's feelings on the sports package? Is it worth the extra 2K? Is it a must have?
Does this happen to others? I live in a smallish town, population about 6,000. There are close to a dozen BMWs in town. The attorney on main drag has his new 330Ci. Retired friend of mine has his 1992 7 Series. Kid in his twenties has a beaten up 1980s 3 Series.
Should I write Dear Abby?
Now after everything that I said, I ordered my 02 530ia w/o the Sport pkg. Largely because I drive 20k miles/year. The tires with the sport pkg will only last 20-24k miles. Translated, I would be spending $1000/yr in tires. Not a good option for me. So I ordered my 530i with the Steptronic, Premium, Cold Pkg, Heated Wheel, DSP Sound & XENON's with the Sterling Gray (exterior) and black (interior).
Good days are ahead. I just received notice that my car has been scheduled for production.
Chris
Remember, they are the image conscious ones.
dave
What was the basis of your $1,000 per set every 20-24k miles conclusion. Perhaps my tire guy just wants to get that new addition on his house.
"The controversial new 7 Series
Do You Think This Car Is Ugly?
If so, you aren't alone. It could mean bumps ahead for BMW, just as it's stepping on the gas."
I posted this on the 7-Series board but thought people here might also be interested.
Here's the link:
http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=205377
The price above invoice or below MSRP seems to vary by region and dealer, in my case, I suspect I will give my current dealer a single chance to get close to the $1,400 over ED invoice offered by Passport BMW, and if they do not, it will be “Hello, Joern...”
As for the SP, as you might remember, I leased a 328i in 1999 at about the same time as you did, and that my 328i does NOT have the SP option. Just last week, I swapped my car for two days, with another Town Hall member to check out the SP. Said TH member (Brave1heart) has a 2001 325i SP, and I was REALLY surprised at how much more agile the car felt compared to mine. I am sold; I will be getting the SP on my next car. If you want the blow-by-blow, you can check out the BMW 3-Series thread for our posts about the swap, said posts started last Thursday and continued until Sunday.
Chris,
It is my intent burn through the 235/45R-17 OEM rubber and then replace them with the same size Michelin Pilot Sport A/S tires (which have a 400 AA A rating). For my type of driving, the Pilot Sport A/Ss will be WAY more than adequate year round except during a heavy snowstorm, during which I will wither be at home in front of a fire or driving our mini-van. ;-)
Best Regards,
Shipo
thx.
All I can do is ask, they might even say yes, "One never knows, do one?", (Fats Waller).
Best Regards,
Shipo
And yeah, I've always steered clear of BMW for the image problem, but then a friend of mine who I respect for lots of auto-related reasons, bought one. And then I drove one. And so the heck with anybody who doesn't like me when I finally can get it. Small minds are always a problem; the real issue here is a lack of experience -- if someone drives it (any model of sedan or topless from 2 to 5 seats) they'll love it, at least if they're not absolutely committed to the ride in their Town Car.
Take care.
Joe W.
I think attendance is going to be pretty small, as all the needy victims of this demon vehicle will be out driving: )
Take care.
Joe W.
By the way if this question is blasphemy, forgive me since I'm a new guy.
bg18947 : the next gen 5-series will have AWD, but it'll be a little while until it's out. If you're in a hurry, go look at the a6 2.7T. It doesn't handle like the bimmer, but it has awd, lots of power, and a nice interior.
dave
I had estimated the cost based on total tire cost (for four tires) plus mounting & balancing. I figured $1k would be a good estimate. I believe your price of $175/tire does not include m&b.
Trust me I would recommend the Sport pkg to anyone looking to buy a 5-series. But for me I'm just trying to keep my cost of ownership down. I drive a lot for work (in the states of New Hampshire, Vermont & Western MA). I might regret not getting this option but there is always another day.
Chris
All cars, but especially RWD cars, benefit from use of dedicated winter tires (e.g., Blizzaks).
If your car's tires are NOT all season (e.g., are "summer only" high performance tires) AND you plan on driving in the winter AND it snows or gets icy where you live, then you really should get a good set of winter-oriented tires. All-seasons for sure, but probably more realistically dedicated winter tires. If you don't want to go that route, garage the car till Spring!
In short, a proper Winter tire (or All-Season for that matter) will have a more open tread pattern (for better bite in snow) and a high silica content in the rubber which keeps the rubber flexible when cold and results in a greater contact patch than a similar sized summer tire.
Best Regards,
Shipo
Let them crow, we know which is the better-designed machine. ;-)
Best Regards,
Shipo
However, autocross results are interesting, and given enough real data, could be significant. Many people have the opinion that many (if not most) BMW drivers are in it for the image, not because it's the "ultimate driving machine." Present company (for the most part) excepted, but to reiz's point last week, the "yuppie scum" image that the BMW acquired in the '80's is still alive and well. If autocrosses included more BMW's (and LS's, 300M's, 2.7T's, etc.), it would help cement the concept that the BMW (as well as the others) was truly a competitive performer in the hands of typical owners (or renters), rather than a great car wasted on the people who use it. Talk is cheap, and straight-line acceleration or boulevard ride is not what most of us (on this board) acquired our cars for.
Disclosure: I own a Lincoln LS w/ a manual, and am confident that 99.5% of LS owners/renters would be put to shame on an autocross course, regardless of the competition. However, the potential is there, and that's what sells high-performance sedans.
The point is, the enthusiasts who enjoy their luxury (or wanna-be luxury, in my case) sports sedans should get out there and "show them what you're working with." It's good fun and tends to put real data behind the blather that we're so often blessed with on these boards. I gave up on the 300M guys months ago.
I plan to lease a 530i (or 330i - not sure yet which one) in January. However, I have tentative plans to be in Germany about May 30, 2002.
If I go for ED, I save $2,760 (plus tax) per BMW web site. However, for delivery on May 30, 2002 (I will use car 8 days), I must place the order by 4/4, purchase (or lease) car by 4/30, and then wait until 8/2 until the car arives home at my local dealer.
Assuming the lease cost is around $750/month (options on car are PP, SP, Zenons, premium sound, fold down rear seats, plus tax, license, docs, etc.), I would be paying $2,250 in lease payments without the use of the car. Plus the car has depreciated 3 months and I finally get possession of the car near the end of the model year (and model cycle).
My question is whether the real cost savings is worth the added wait. All told, I would have to wait for the car an extra two months for a small cost savings. Is my analogy correct? Please advise. Thank you.
I'd love to see what my completely stock 1998 540i 6-speed (or any other completely stock 1997-2002 540i 6-speed) could do in comparison to any completely stock 2000-2001-2002 LS Sport on pretty much any course. Guess I'm not sure what it means to be "substantially stock". Is that like being "a little bit pregnant"?