Quick Question

#1
i am about to buy a 2003 525IA since i do not like the new 5. my dealer is giving me $4000 off of Invoice price. it is a good deal?
 
#3
yes, it is for a 03 525IA White/black leather int. PP SP Xenon Sun Shade. no MACO and Training Fees as well.

the price is $37105 plus tax and license....should i go for it?
 
#4
Is it a 5spd or step? If it's the manual, I think that invoice is $39,870 with the options you mentioned. However, with the $3,500 incentive, that would put the "new" invoice at around $36,370 (or about $37,570 with the step. trans).

I'm no expert, but it sounds like you either have a good deal or a very very good deal. To give you some perspective, I took delivery of my 525 in June (after months of shopping) just before the incentives went public. I'm looking at your offer and kicking myself that I didn't wait one more week.

Good luck.
 
#5
it is an Automatic. what do you mean by the $3500 incentive? i have no clue about the incentive. maybe that is the reason why they can afford to give me the price?

is it Invoice price minus $3500?
 
#6
I'm working off memory (that's scary) so don't hold me to these numbers, but I think that MSRP for your car would be around $44,000, with invoice being around $40,000 (there are websites out there that will give you these actual numbers, so double check). BMW NA instituted factory-to-dealer incentives (rebates) in June on the 5er. For the 525, it's $3,500. That means that the dealer can sell you the car for $38,000 (2K below invoice) and still make $1500 profit. Sounds like your dealer is willing to share the incentive/rebate with you, as most are doing now.

Since your dealer is offering the car at ~$37,000, that sounds like they are giving you almost the entire $3500 dealer incentive. If I'm looking at these numbers right, then you can't do much better than that.
 
#7
thanks for the info,

the total MSRP is $44845
the total Invoice is $41080

they are offering me $37105

should i ask for more discount? what do you think?

how do you like your new car? how much did you pay last June for your car?
 
#8
Sounds like they are giving you all of the incentive and then some. Doesn't seem like you can do much better than that.

I got my 525 for about a grand under invoice, and at the time I thought I was stealing it from them. Of course, I didn't know about the incentive. I learned about it on the morning that I was taking delivery. I felt that it was too late to renegotiate by then, especially since I had already lost one car that was sold out from under me and I put a bunch of dealerships (and myself) through hell to find another one with the exact color combo and options that I wanted.

I love my 5er. You will hear that the 525 is underpowered. That's true. I didn't care. My last two cars were sports cars, and I needed a sedan to accommodate my growing family. The 7 series was far too expensive and the 3 is too small for us. The 5er is just right and gives me enough power to get by. I mean how much power do I need to commute to work or drive the kid around? If I could have afforded the additional ~4K, I would have gotten a 530 and ended the debate. Nonetheless, I'm very happy, which says a lot b/c I even had to get it serviced after only one week (purge valve had to be replaced).

I think that the handling, braking, fit/finish are fantastic. I'm functionally illiterate as far as cars go, but even I can feel and appreciate the difference. To top it off, it's a gorgeous car with classic styling. Man, I've become a shill in just one month of ownership.

Bottom line, it's your decision. I would have preferred the 530, but that's just me. I don't know what your driving needs/wants are. Have you test driven it yet? That should answer all of your questions right there.

Good luck.
 
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