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"Yeah"
"Why not make 13 10?"
"Because 13 is 3 more than 10" )
I think many of us have considered selling the house, wife, & kids but we still come up short for an M5. I am monitoring their market value and if it comes close to an M5's, I would consider robbing the pizza delivery truck to make up the difference )
We just completed the process of evaluating and purchasing (ordering) our first car together a 2002 530i 5-speed manual Sterling Grey with Grey interior. I have been contemplating this purchase for almost 17 years (since my last purchase) so we had the list down to the Audi A6 2.7T and a BMW 5 Series. After test driving both (try fining an A6 2.7T 6-speed manual to drive) cars we both choose the BMW. I knew that the 530i was probably the way to go and we confirmed this with a back-to-back test drive between the 525i and the 530i. We learned that we could also build a "better" 530i that we could enjoy more than a 525i over a long term ownership period of ten years or more.
After determining our options (pp, sp, xenon's, folding rear seats, pdc, cwp and premium sound) I did look at a comparable 540i 6-speed. That car would cost us $9,950 more (M wheels, cwp, folding rear seats, pdc, gas guzzler tax and premium sound) on the sticker price, more insurance, more gas and more car than we really need. Don't get me wrong as I consider myself a "car guy" (one with other expensive hobbies) and know from driving the 540i 6-speed and a M5 that there is nothing more entertaining to drive than a car with more displacement. If we had won the lottery then none of this logic would apply and I would have bought an M5, a Porsche 996 etc. a long time ago !
The bottom line for us is that we got what we wanted at a price we could afford (almost) and look forward many years of great driving experiences along the way.
I think you can do a search on intellichoice for the ownership costs they compute. But I'm sure it'd be a hell of a lot less than on a 540! (Just kidding, riez)
Back in 1994, I test drove a 1990 525 and a 1990 535 (there was no 1990 M5). The price difference when new was about $8k, I think. The price difference after 4 years was about $4k.
I bought the 535 over the 525 because of 3 factors: HP and Torque advantage and 'stronger' engine technology.
525: 168 HP / 164 torque
535: 208 HP / 225 torque
On paper, nothing is obvious but I was won over after a couple of test drives, especially on on-ramps and merging traffic to feel the difference (i.e. kick in the tummy).
Fast forward to year 2001. I was looking to replace my 535 and started looking at 530, 540 and M5. The M5 was easily $10k over MSRP, so that ruled it out. Had it being available at MSRP, I would have gone with it (of course after selling everything else I have )
So, it was down to 530M vs 540M. Again, the 540 won me over with the same traits - higher HP and torque and a V-8 to boot!
530: 225 HP / 214 torque
540: 282 HP / 324 torque
Price difference when new was around $7k (sorry riez) but it wasn't even an important factor considering the broader grins I get from a 540.
But I was also looking forward to the 2004 5 series iteration, and just like riez, opt for a used 540 instead.
Had I to buy new, I would still have gone with the 540 for the exact same reasons.
This is not to say the 530 is no good, just different strokes for different people. I'm sure an M5 owner would say something similar about 540 vs M5 to 'justify' the $15k MSRP diff.
Bottomline is you get what you pay and you pay what you get (higher insurance, gas consumption, etc).
After reading this message board over the last 4 weeks I wish that I had selected the Sports package (SP). Before ordering my car, I went to 3 dealers and non had a 5-series with the SP option. Therefore it was difficult to know if the SP was worth the extra $2300. Oh well, perhaps next time.
Chris
Anyone who just bought a 530i or is thinking of one should read the recent Consumer Reports issue in which they say it is the best car they have ever tested. And their reliability has been good in CR's surveys. This bears out what Motor Trend said about used 5 Series. You won't go wrong with darn near any current platform 5 Series.
snagiel... Don't worry, I have a great sense of humor.
530 is a JOY to drive, even in winter conditions. I come from 3000GT SL with 17" Z-rated tires that I drove for 4.5 years. 530 definitely performs better in this weather on 16" tires. Interestingly enough, I test drove 530 with the Sports package(that's the only thing that was available on the lot of one dealer). It was a nice ride, but when I drive my car now, nothing really comes to my mind that makes me regret not going for the Sport package(well, maybe the seats and the steering wheel a bit). At any rate, I wanted a bit more luxurious ride. The beauty of 530 "stock" tires is that they're all-season, so they're fine all year around. You'd be spending extra $1200 on 4 rims/tires if you had bought Sport package, cuz EVERYONE says it's miserable to drive 530i with Sport 17" tires in winter, and I though during my test drive that it handled much better than my 3000GT.
Sadly enough, my situation was that nobody around had a 530i 5spd WITHOUT the Sport package(short of ordering it). Since I sold my car and didn't have a luxury of waiting 8 weeks, I had my dealer trade his stock cars for the one I wanted. I have 530i 5spd with Premium and CWP. I wanted Xenons, but at the end it turned out that the car description had Xenons entered in the system, but when I picked it up, it turned out Xenons were not on it. First I freaked out, then I realized that I had no other options, and decided to capitalize on the situation by knocking more $$$ off MSRP. I ended up paying $42k for my 530, and it's great. Puts a smile on my face every time I look at it - and then there is always the drive....:)
1. According to past posts, 540's are available at some discount. Do dealers discount M5s?
2. If you buy a new M5 on ED, does it work like other orders where it doesn't come out of the dealer's allocation or are M5s different?
3. Edmunds lists a 2000 M5 for the Dallas, Tx area as available for $63k. Does the M badge inflate that?
2. No, ED is not considered part of the dealer's allocation, but there's still a wait. But, last I checked, the M cars are not available for ED (or, at least, not any discount like the other models enjoy).
3. $63k sounds reasonable for an '00 M5, but I'm sure you'd have better luck with a private sale than through a dealer, who may very likely mark it up.
Good luck.
Dan
Rotating tires helps even out wear, but it doesn't reduce it. In fact, BMW recommends against it.
No to taking away 2.5% of their profit; dealers either offer less discount from MSRP, or keep the same over invoice pricing.
You should still about around $1,500 over invoice.
In years gone by, I used to buy heavier duty replacement (1175 vs. 1034) bulbs for my cars and found that they draw so much extra power that at idle, at night, with the turn signals on, all the rest of the lights on the car would dim with each flash of the signal. Kind of silly looking. I now stay with the OEM spec bulb and deal with intermittent failures.
Best Regards,
Shipo
Also, I was told by my dealer that a trucking fee($450-$700) will be paseed along to a buyer whenever they have go and get a car from another dealership. I was told the same thing when I went to a Nissan dealer.
Yes, I've heard many dealers charging for MACO (price usually $50-200), but on my fiancee's car (a $16,500 Altima), I talked the dealer out of it (since we agreed on a "final" price before hand, and I told him flatly we refused to pay above that inclusive amount, and after a "let me talk to my manager" bit, he acquiesced).
As for trucking fees, even $450 seems very steep to me. Destination charge from the manufacturer (i.e. GERMANY) is $600, so $450 for a cross-town transport seems excessive. Besides, dealer's swap/trade inventory all the time based on customer preferences, so they should subsidize some of those costs. If you feel strongly enough about it, you can just call other area dealers to see who has the closest thing to what you're looking for, and then just go there.
Good luck.
A Trucking fee of $450 - $700 is ridiculous. Here the dealer is trying more profit. I think the typical in-area cost to the dealer for transportation is about $50.
In my case, it is out of state and I agree with you two that it is too steep. I know it will cost them to go get a car but I just want to find out how much and how legit it is. I also think that any dealer would prefer to sell what they have on their lot over swapping with the others, so they quote a high fee for trucking to discourage and force a buyer to get what they have in iventory.
If you really don't want to pay for it to be trucked, tell the dealership to send their 'lot guy' to go pick it up and drive it back, they shouldn't charge you for that.
If leather is best, get premium package? Are moon roofs reliable?
My definites are xenon headlights, cold weather package, automatic. My wife currently drives an accord, so the 525 should be a power boost over that. Any suggestions, resale value is not a big concern as we will keep this car long enough that resale value won't matter.
Thanks in advance, also any dealer recommendations in So Cal ?
metmdx
I have the premium sport package with leather on my 530i and have two boys ages 8 and 14. It cleans up easily and looks and feels so much richer than the leatherette. I was worried about scuffs, but none yet to be had. Since you have children I would highly recommend the rear and side sunshades if the 525 wagon is available with that option. My boys use them daily to keep the sun out of their faces and the rear shade is a lifesaver when the sun is glaring in from the back window. I have owned three cars with moonroofs, two Nissan and my current BMW. I had to replace a motor in one of my Nissan moonroofs after about two years. Fortunately it was covered under warranty. The other Nissan is 12 years old and the moonroof is still in good working order. I hope the same will be true of my BMW moonroof. Hope this helps and good luck.
Don't be too hard on the 5 Series, esp. 6 cyl automatics. You should test drive and read published road tests of comparable cars with their smaller engines and automatic transmissions. For example, noticed in latest R&T and C&D the new Cadillac CTS with 3.2L engine and 5-speed is achieving about 7.0 sec 0-60 mph. Will be interesting to see what the automatic version will do. Maybe 8.0-8.5 seconds? The C&D driver test is a comparison test with other manual transmission sport sedans under $40,000.
Send a request for a quote to their internet site (Cutter Motors) and see how it stacks up. I dealt with Franco Karzog.
Aside from that, you're usually better off investing the money on your own and paying off monthly leases from that instead of paying off as much as possible up front, which is antithetical to how leases are designed to operate.
Frankly, all I'm hoping for, aside from the new engines, is lighter weight and an improved, DVD, touchscreen-based navigation system.
I went with the multiple deposits since it offers about 13 - 15% return TAX FREE without any (or very little) risk. Yes, it requires a lump sum of money which defeats one of the biggest benefits of a lease, but I'd treat additional money you get from investments same as money you have to pay less on your lease payments. Also, if this is not your first BMW leased through BMW FS, they waive the first security deposit (i.e., you get the lower MF of 10 security deposit for 9 security deposit). Back in 1998 or 1999 I may have thought I could do better in the stock market, but I doubt you can find better rate of return for investments adjusted for tax and risk.
I think BMW FS and others offer this since it reduces the risk lessor will default and they can put the multiple deposits to work for them (i.e., invest the cash and earn a return). I'm sure they have some financial analysts or accountants who calculated all this and came up with MF reduced for each security deposit.
Just my $0.02.
See following URL for early look of 5 series
http://www.bmw2002.co.uk/news.htm
search for "5-Series". I am not quite sure I like the design of the rear. Hnn
As for your questions: First, the premium sound system has generated some debate about whether it's worth it or not. I'm not a high-end audiophile, but I've spent a few thousand on my home theater system and appreciate good accoustics. I did order the premium sound, and am very happy with it. It's not perfect, and some argue that for the same price ($1200) you can add after-market speakers/woofers/amps that'll sound better, but I preferred going the factory OEM route and haven't regretted it.
And the lumbar seats: Yes, they're good, but I'd steer you towards the sport package instead. I know the roads in Chicago aren't the best, but the SP is only marginally harsher than the standard suspension yet allows the car to handle with far more balance, precision, and control. Not to mention, the steering wheel, seats, and wheels are far better. It truly makes the car a sports car. I can't emhasize enough how good it is. But, alas, yes, the lumbars are worthwhile. I'd highly recommend you test drive the different configurations and see for yourself. Find a dealer who'll let you see what the SP is about, and I guarantee you won't look back.
Sorry to be dense, I guess.
Take care.
J. W.