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2010 2011 BMW 5 Series Forum F10 BMW 5-Series (F10) Forums F10 Pricing, Ordering, and Tracking (and European Delivery) Just ordered 550i for ED - FYI - price paid
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      04-01-2011, 12:54 AM   #1
414M3
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Just ordered 550i for ED - FYI - price paid

Thanks to everyone who helped answer my questions recently on 550i XDrive European delivery pricing. I ordered the car last week and heard back yesterday from dealer with confirmation on build date. Wanted to share my pricing experience with this forum..

I got quotes from 6 dealers - In Oregon (1), Washington (3) and California (2).

Greg Poland (Pacific BMW, Glendale, CA) was the lowest quote, $600 over European delivery invoice price. He was very helpful and responsive.

I'd also highly recommend Mark Harrington, BMW Seattle and Robert Gerth (BMW Bellevue). Both of them were upfront on the best price they could offer. Responded to my email with price quote within an hour after receiving my specifications.

Some details on the pricing calculation I used (for those who are looking to order):

- My Car with all options US MSRP: $75075

- European delivery invoice price with options: $65065 (got this number from all 6 dealers and they were all within $50 range, BTW, $65065 quoted by 3 of them)

- Purchase price quotes - Lowest $600 over MSRP, max $3700 over invoice. 5 of 6 dealers were willing to sell the car between $600 and $1000 over invoice ($3700 was an anomaly)

I used the European MSRP of $58175 X 0.92 to arrive at ED invoice price- $53,521.
I added all options at US invoice prices (got Us invoice price for options from this forum and Edmunds and other online sources.That added up to within $90 off the ED invoice price mentioned by 5 of the dealers).

Added $1000 dealer profit to arrive at Purchase price

KUNI BMW in PORTLAND IS THE WORST DEALER I HAVE DEALT WITH IN MY ENTIRE LIFE. They are arrogant with attitude that you have to buy the car if you test drive it from them. The sales guy asked me several questions if I was serious about buying before they would let me test drive it. I got the impression that sales guy thought I could not afford the car... I did not test drive it. Salesman called and was extremely confrontational saying it was my responsibility to buy from him (regardless if they offered the best price or not) just because he had spent some time time with me about the car. Gave me a sermon on how in his books that matters. Very rude. I'll never do business with them. He never called back with a quote when I told him that he should send me a price if they believe that they are as competitive as they claim to be. Never heard back from him... Few of my friends have had similar experience with Kuni BMW in Portland. I'd suggest you stay away from them.

Hope this helps.
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      04-01-2011, 03:39 PM   #2
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Thanks for all the info. I'm in the market for a 550i. What was your total purchase price and what were the options that you ordered?
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      04-01-2011, 10:59 PM   #3
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Here are the details of my order with options selected:

• Base 550i X-drive European Delivery
• Carbon Black Metallic
• Oyster/Black Dakota Leather
• Anthracite Wood Trim
Package options:
• M Sport Package (ZMP)
• Premium Package 2 (ZP2 in combination with package ZCW)
• Cold weather package (ZCW)
Individual Options:
• Comfort Access Keyless Entry (322)
• Sport Automatic Transmission w/ shift paddles (2TB)
• BMW apps (6NR)

Purchase Price: $65960 (Invoice: $65065)
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      05-15-2011, 07:51 AM   #4
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How do you arrive at a target price?

I'm taking the ED price, adding in the options at invoice (thank you Edmunds!), adding $1,000 profit, and $875 destination/handling. Is that the right approach? Should I be able to do better? Do they still get the holdback (which I understand to be $1,875 on a 550i) on a Euro Delivery?

(PS...this was post #535 for me. I should be able to hit 550 before I get mine!)
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      05-15-2011, 12:16 PM   #5
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$1000 profit is fine, $750 is doable, $500 is a bit harder. My understanding is that the discount given eliminates some if not all of the money they would receive from the customer satisfaction survey ("Give me 5's and I'll fill your tank with gas once"). My local dealer cried at me about not making any money at $2000 over so I ordered from a dealer elsewhere.

It's a good month to order if you're planning to lease, they just upped the residuals.
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      05-15-2011, 08:34 PM   #6
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Is there an additional cost for the shipment to the USA?
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      05-17-2011, 06:09 AM   #7
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Quote:
Originally Posted by Fantasm View Post
Is there an additional cost for the shipment to the USA?
Nope... you already paid the $875 delivery and that covers the "re-delivery" back to the US.

Regards.
-RH
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      05-17-2011, 04:34 PM   #8
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So you essentially saved $10K on the purchase price if I'm following, correct? And your lease (if thats what you did) is calculated based on the $65K purchase price and the current US programs (residuals/MF) are used, correct? If you don't mind me asking.. how much money did you put down, what program did you choose (10k, 12k, 15k/36m), and how much do your monthly payments end up being? Also, how much do you plan on spending in total (including picking up your car in Europe)?

I'm very interested in looking at European Delivery next year when I plan on getting a F10 550 or M5, but I just need to figure out if the financials actually end up being a savings..... all things considered. In reality it looks like it's just a sweet excuse for a nice trip to Europe in your own car, but maybe I'm missing something?
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