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#1
10-14-2008, 01:41 PM
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No dealer markup on Buyouts unless CPOed?
With a PM assistance from CA911, I made few phone calls to sales manager within 50 miles. As soon as I mention I wouldn't want it CPOed, they were so fast to get rid of me, "you should call BMW Financial." I spoke with my local sales manager who insists that unless it is CPOed dealer won't make a dime. It is all in customer service, him making call to BMWF, because I bought two cars there. They also told me that the buyout price BMWF offers fluctuate depends on X5's national stock it tends to go up when return days nears. Have I spoke with a wrong people, or market has changed? Only repair the vehicle requires in foreseeable future is a torn outer CV Boots. Dealer tells me the buyout price will go up as the returns days nears... What shall I do?
__________________
BMW The Ultimate Oil-Leaking Machines! 
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#2
10-14-2008, 01:53 PM
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may I ask why you don't want the extra warranty?
__________________
2006 BMW X5 4.8is Lemans Blue/Beige/Dark Maple -Nav, Comfort Seats, Heated Steering Wheel, Rear Airbags, AUX Input 2009 BMW M3 Space Grey/Black/Carbon -all options
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#3
10-14-2008, 03:01 PM
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I always thought that CPO is way to go for 50K+ miles X5.
However, after reading some post on dealer markup on CPOed X5, 3k plus as a result, vs. Indi shop cost, I figure that would be competitive or even better. From my experience, and my friends, with the dealer I wouldn't take my car to the local dealer for sure.
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#4
10-14-2008, 03:20 PM
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Hell has a special place reserved for the Stealers. First, I love the little pressure tactic of telling you the buyout price will go up if you wait. I would bet the opposite is true: the last thing they want is to be stuck with used V8 SUVs that very few are buying right now.
Second, you are absolutely right to reject the CPO mark-up. You are the original owner, you know the exact condition of the car and its history. You're better off going with an after-market warranty. Personally I would stand my ground. If the dealer won't meet your price point on the buyout, shove the used X5 up his a$$, and use your buyout money to lease a nice new E70 4.8. ... IMHO of course....
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#5
10-14-2008, 04:22 PM
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Quote:
I am bit attached to X5, but that should hinder my business decision. Thanks.
__________________
BMW The Ultimate Oil-Leaking Machines!
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#6
10-14-2008, 06:20 PM
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Yeah, I think you should stand your ground. Worst case is they say no again.
But after that you have so many options: 1) Buy a different car ... 2) Buy a different X5 ... 3) Buy THAT exact X5 later ... I don't think it's gonna disappear immediately to auction. Besides ... If you really, really like that X, just go in later (if they decline) and offer to meet them half-way (approx. $24,500). Tell them "Do you really want to lose a sure sale over $1.5K?!" If so, I'd tell them so be it then. Really depends on how much you want that car. Remember there are always other cars or Xs - it's not like it's the only one.  Good Luck! Quote:
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#9
10-14-2008, 09:52 PM
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be sure to figure in the taxes also, in Md. they are paid in the lease and if you choose to buy it they are excluded. My 4.8is residual is $32000 they offered a CPO makeover at around $27600ish to buy out. the sales guy stands to make $500 to capture a lease customer I believe...............
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#10
10-15-2008, 12:59 PM
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Quote:
__________________
BMW The Ultimate Oil-Leaking Machines!
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