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2010 2011 BMW 5 Series Forum F10 Fair Price to Pay for 2013 5 series? |
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08-19-2013, 04:25 PM | #1 |
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Fair Price to Pay for 2013 5 series?
Folks, what do you think a fair price would be to pay for a 5 Series at this late time?
If I take delivery before 10/31/13 I'll receive $3500 back from BMW NA: $1000 Ultimate Drive, $1000 Loyalty and $1500 for buying a 2013 model. The dealer needs to trade to get the car with the features I want. They already offered $500 over invoice, I know they'll go lower if I'm ready to pull the trigger. Thanks in advance!
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08-19-2013, 05:09 PM | #2 |
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They are doing you a favor, and 500 bucks up or down will make $10.00 bucks difference in payments.
Last edited by igom3; 08-20-2013 at 10:57 AM.. |
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08-19-2013, 05:19 PM | #3 |
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So you are getting $7,000.00 off sticker?
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08-19-2013, 05:52 PM | #4 |
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Not counting the $3500 that BMW NA would be "rebating", the dealer is offering $4000 off msrp. I'd normally be happy paying $500 over invoice, but that's what I paid for a special order X3 in the middle of the selling season from the same dealer.
A "new" 5 Series is really a year old because 2014's are on their lots now. Is it reasonable to expect to pay invoice to $500 under invoice? They have to trade with another dealer so I'm trying to be reasonable with them.
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08-20-2013, 10:07 AM | #6 |
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If they are having to trade with another dealer and you are getting what you truly want would you let 500 dollars break the deal?
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08-20-2013, 10:55 AM | #7 |
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08-20-2013, 10:19 PM | #8 |
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7% off MSRP + all available incentives is the holy grail in my book. As I understand it this is true invoice and most dealers start kicking and screaming beyond 6%.
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08-20-2013, 11:24 PM | #9 |
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Invoice is .92 of MSRP and .91 of add ons. Thanks guys!
Edmunds, KBB, TrueCar, CR all provide numbers.
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08-22-2013, 10:10 AM | #11 | |
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08-22-2013, 03:39 PM | #14 |
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08-22-2013, 03:42 PM | #15 |
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So you have to mention it to the sales manager for them to apply that? They never mentioned about this to me. Only told me about the 1500 loyalty
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08-22-2013, 04:17 PM | #16 | |
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There's a dealer holdback, monthly/quarterly/yearly incentives. So the dealer makes money on the sale in a variety of ways. I've always felt that $500 over invoice on a special order and car that is early in it's life cycle; e.g. buying a 2014 5 Series right now is a fair price. Dealer and sales guy make money, the consumer saves money and it's a clean deal. Just make sure that there aren't a bunch of BS charges: crazy high paperwork fees, first time buyer fee, pin striping, other add ons.
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2013 BMW X3 28i M Sport - Deep Sea Blue Metallic, Sand Beige Nevada Leather, FS Wood Trim, HG Roof Rails, and BMW Apps. Pirelli P7 RFTs. Packages: Cold, Con, DHP, Prem, Premium Sound, Tech Last edited by Bmwlvr60; 08-22-2013 at 04:25 PM.. |
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08-22-2013, 04:24 PM | #17 |
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Yes, this is very true. If we're buying a 2013 car when the 2014 cars are on the lot, the vehicle is a year old- even though it has near 0 miles on it. If we're buying a 2013 car on that dealer's lot they have no extra shipping fees and no hassles. Huge extra incentive to sell it. I don't know what the exact $ should be, but I think up to $1000 under invoice is reasonable right now. If a few months go by and the 2014's start rolling in and you're not picky on colors/options, that's when a very sweet deal may be made on a leftover 2013. At some point the dealer has to move those 2013's and would be willing to go low.
I was looking for a specific 2013 and was considering having it shipped from another part of the country- that adds to the cost.
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08-22-2013, 04:26 PM | #18 |
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Just pulled the trigger on a 2014- $500 over invoice.
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08-22-2013, 05:22 PM | #19 |
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If you would like a quote we would love to have a shot at your business. Feel free to shoot David an email with your specs and he can shoot you over a reply
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08-22-2013, 11:46 PM | #20 | |
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In a non-competitive environment, I like your numbers. |
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08-23-2013, 11:04 AM | #21 |
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loyalty on a 5 series is $1k plus there is $1500 build out cash that is used as a rebate plus the $1000 ultimate drive coupon. most customers dont know about these but it should already be applied to your lease deal.
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