[SchwarzerM3]

Hello,

I've sold earlier this year my E90 M3, now I'm back in the market for another car...

I guess I nailed it down to the 550ix but the prices seem to be pretty inflated...

Dealers asking for 2011 models with about 10k miles $7k-9k below retail...

Whats wrong with that?

Where is the 20-25% depreciation within the first year?


I'm looking for:

550ix
White
Less than 15k miles
Black nappa leather
Fully loaded (all packages)

minus night vision


What would be a fair price for it?

I've seen some at dealer sites but they were all in the $70k range....retail would be about $79k...


Thanks in advance

Alex

[BMW_ACURA]

Do you always buy used cars?, if yes then you better wait for 2 more years for the prices to deflate

[SchwarzerM3]

Originally Posted by BMW_ACURA

Do you always buy used cars?, if yes then you better wait for 2 more years for the prices to deflate

yes, I usually buy used cars.
Cant wait another 2 years but I dont want to pay almost retail for a one year old car either

I guess I just keep looking for THE deal...

[Russ]

If you bought it ED you would pay about $65K for a 2011 550xi with the packages.

[SchwarzerM3]

Originally Posted by Russ

If you bought it ED you would pay about $65K for a 2011 550xi with the packages.

thanks for the info.

I was under the impression that ED saves you about 7%-8%....
If the retail price of the car is $80k, that would be about $73k via ED....

Please explain.

Thanks

Alex

[Russ]

That's the published ED price discount. The actual discount depends on where you buy it. For instance, in Northern VA dealers will not discount lower 7-8%. However, you can buy it in Chicago for something better. My 2011 550xi list price was $73K and I paid $62K with the $1K BWM CCA rebate included.

[shentographer]

Originally Posted by Russ

That's the published ED price discount. The actual discount depends on where you buy it. For instance, in Northern VA dealers will not discount lower 7-8%. However, you can buy it in Chicago for something better. My 2011 550xi list price was $73K and I paid $62K with the $1K BWM CCA rebate included.

Hmm. Thanks Russ! That I didn't know they do Can you list the name of the dealer you went through? I'm finally ready to purchase in February myself.

[Russ]

Josh at Elmhurst BMW.. good guy.. attentive.. he offered me 1K over ED invoice.

[hk328]

True ED invoice should be at about
14% off base MSRP + 9% off options MSRP = your ED invoice.

[AC_S5]

I am curious to know why they offer a lower price for ED?

[Damage Inc]

Originally Posted by SchwarzerM3

Hello,

I've sold earlier this year my E90 M3, now I'm back in the market for another car...

I guess I nailed it down to the 550ix but the prices seem to be pretty inflated...

Dealers asking for 2011 models with about 10k miles $7k-9k below retail...

Whats wrong with that?

Where is the 20-25% depreciation within the first year?


I'm looking for:

550ix
White
Less than 15k miles
Black nappa leather
Fully loaded (all packages)

minus night vision


What would be a fair price for it?

I've seen some at dealer sites but they were all in the $70k range....retail would be about $79k...


Thanks in advance

Alex

Hey, funny, I'm in Bloomfield, MI with an M3 sedan. I'm starting to search for a used 550/535i and having the same issue. Prices seem to be a bit high for 2011's at this point.... Come spring 2012 I'm sure they'll take a dip.

Did you consider a 09 M5? those prices seem to be a bit high as well. You know a year from now those are going to get hit hard.

I may just hang on to my M3 for another year, if I cant find a good deal.

[SchwarzerM3]

Originally Posted by MojorisinM3

Hey, funny, I'm in Bloomfield, MI with an M3 sedan. I'm starting to search for a used 550/535i and having the same issue. Prices seem to be a bit high for 2011's at this point.... Come spring 2012 I'm sure they'll take a dip.

Did you consider a 09 M5? those prices seem to be a bit high as well. You know a year from now those are going to get hit hard.

I may just hang on to my M3 for another year, if I cant find a good deal.

Hello,

since I never realy appreciated the E60 model, I did not consider the 09 M5...I'm sure its a great car but I could not fall in love with the design of the car....the F10 is imho a much better fitting package...

Well, after countless hrs. of searching THE bargain I gave up, there aren't any....
I contacted one of the forums dealers and here we go, I could buy a fully loaded F10 brand new with ED for the same price as a used ones with 10k miles on it but not equipped as I want....

So I'm pretty certain I will pull the trigger on a brand new 550i and do ED....


You may want to look into this route as well.


All the best

Alex

[Damage Inc]

Originally Posted by SchwarzerM3

Hello,

since I never realy appreciated the E60 model, I did not consider the 09 M5...I'm sure its a great car but I could not fall in love with the design of the car....the F10 is imho a much better fitting package...

Well, after countless hrs. of searching THE bargain I gave up, there aren't any....
I contacted one of the forums dealers and here we go, I could buy a fully loaded F10 brand new with ED for the same price as a used ones with 10k miles on it but not equipped as I want....

So I'm pretty certain I will pull the trigger on a brand new 550i and do ED....


You may want to look into this route as well.


All the best

Alex

Yup, I did ED on a 330i in 2005. Incredible experience, just make sure you get $1k over invoice. You probably will have to go out of state, the dealers here will laugh you out the door for even suggesting such a price.

[SchwarzerM3]

Originally Posted by MojorisinM3

Yup, I did ED on a 330i in 2005. Incredible experience, just make sure you get $1k over invoice. You probably will have to go out of state, the dealers here will laugh you out the door for even suggesting such a price.

I was offered $600 over invoice, currently are 2 x $1000 incentives available as well.

US MSRP is $87,425
Quoted ED price is $76,300
minus $2000 incentive
= $74,300

I would do ED, once it is in the US I would pick it up at the performance center in SC and drive it home....


Alex