2009 X5 3.0 Loaner with 9K mi. - Good deal, Bad deal?

[chrisutley]

I'm trying to buy a loaner vehicle. It's a 2009 X5 3.0 with 9,000-miles on it, with an in service date of 10/31/09 -- it is NOT certified and is being sold as new with the standard BMW factory warranty. The MSRP is 56,575 ... they are telling me not to waste their time, their bottom line figure is a purchase price of 49,500 (7,075 off MSRP). That seems like a lousy deal, but I have nothing tangible to base that on. They are telling me I should be happy to get the 2.9% APR, and that it's as good as it's going to get.

The vehicle is 100% the way I want it. It's in excellent shape, drives great. I can't see getting a "near" new X5 configured this way much cheaper.

Any opinions on whether or not I'm getting a fair deal here?

Thanks in advance.

[Quicksilver]

No arm wrestle here but if they already told you "not to waste their time, their bottom line figure is a purchase price of 49,500 7,075 off MSRP" and if The vehicle is 100% the way you want it. It's in excellent shape, drives great. and you can't see getting a "near" new X5 configured this way much cheaper then it sounds like you have your mind made up.

Go for it

[themoth]

whats on the car? options? Seems like a fair price for a v6

[JCL]

Originally Posted by themoth

whats on the car? options? Seems like a fair price for a v6

Are they charging more for the V6 option?

[chrisutley]

Originally Posted by themoth

whats on the car? options? Seems like a fair price for a v6

I don't have the complete list handy, but the key items include the Premium and Technology package, along with the privacy glass and heated seats option deals. Ummm... Sorry I can't list much more than that offhand. The only thing it doesn't have that I want to add is Sat radio.

[2007BlkX5]

Originally Posted by themoth

whats on the car? options? Seems like a fair price for a v6

hm.. is there a v6 in the x5? i thought it's an inline 6

[JCL]

Originally Posted by 2007BlkX5

hm.. is there a v6 in the x5? i thought it's an inline 6

Welcome to post #4

[chrisutley]

I was on the phone with the salesman today, giving him my point of view. I was very pleasant, not confrontational at all. We probably had spent 5-minutes on the phone at the point. He says, "We could argue all day. I don't want to waste your time or mine. We can't go lower."

That's a ballsy negotiation tactic (assuming it is one) in this economy. Especially considering we're talking about a loaner that's on the verge of hitting 10K miles. I'm thinking I'll take a chance that it gets sold, and wait until the last weekend of the month and then show up with my checkbook and see if I can get maybe 2K more out of them.

[2007BlkX5]

Originally Posted by chrisutley

I was on the phone with the salesman today, giving him my point of view. I was very pleasant, not confrontational at all. We probably had spent 5-minutes on the phone at the point. He says, "We could argue all day. I don't want to waste your time or mine. We can't go lower."

That's a ballsy negotiation tactic (assuming it is one) in this economy. Especially considering we're talking about a loaner that's on the verge of hitting 10K miles. I'm thinking I'll take a chance that it gets sold, and wait until the last weekend of the month and then show up with my checkbook and see if I can get maybe 2K more out of them.

give his boss a call, the sales manager or whatever, and tell him your POV. Say what you're looking to get and that you don't want to deal with this guy since he's an a-hole. if you don't get a response you like, then forget about this dealer since the price sucks and it sounds like the people there do as well. Which dealer are you speaking with BTW?

[tim-atl]

Originally Posted by chrisutley

I was on the phone with the salesman today, giving him my point of view. I was very pleasant, not confrontational at all. We probably had spent 5-minutes on the phone at the point. He says, "We could argue all day. I don't want to waste your time or mine. We can't go lower."

That's a ballsy negotiation tactic (assuming it is one) in this economy. Especially considering we're talking about a loaner that's on the verge of hitting 10K miles. I'm thinking I'll take a chance that it gets sold, and wait until the last weekend of the month and then show up with my checkbook and see if I can get maybe 2K more out of them.

Find another dealer, you deserve to be treated better than that.

Tim