new x5 pricing...

[Franklin Joseph]

never bought a new car before...so just want to prepare myself.

what's the average above invoice or below msrp price? I'm assuming the price on bmwusa is msrp...how do i find the invoice price?

looking to get a 2011 x5 diesel. Any tips on negotiating the price down? I'm in Houston, Texas.

Thanks
Franklin

[phattbam]

try doing the internet inquiries from sites like cars.com or edmunds or kbb. They will have the local dealerships contact you via mail or phone with sometimes quotes. that you can then shop from there. some are haggle free and will give you a great deal from the get go. good luck.

[Franklin Joseph]

thanks...was pointed to edmunds and got alot of info there....thanks!

[PasPar2]

invoice seems to be around 8% under msrp.

[Franklin Joseph]

dealer offered the $4500 credit plus another $1500 off msrp. Good deal?

so what does the 'mobile internet' do under the technology package?

thanks
franklin

[arjuno]

Horrible deal, ideally you want to work off the factory invoice pricing and negotiate their profit over that. This obviously would also include the Eco Credit.

A great deal for the X5 35d would look something like this Invoice($61,765) - EcoCredit($4,500) + destination($875) + MACO($300) + Training($200) + dealer profit($500-1,000).

I used a made up invoice+options to use for this example.

[Franklin Joseph]

thanks arjuno...doing it this way is way way better...just have to hope the dealer will go for it.

thanks

[phattbam]

Originally Posted by Franklin Joseph

thanks arjuno...doing it this way is way way better...just have to hope the dealer will go for it.

thanks

walk in there asking for $500 over.

[arjuno]

Originally Posted by Franklin Joseph

thanks arjuno...doing it this way is way way better...just have to hope the dealer will go for it.

thanks

Franklin, some things to keep in mind. MACO varies from region to region, it can be anywhere from 250-400. Destination and training fee are exactly how I listed them. Now be suspicious of what they call "doc" fee. If a dealer gives you the 500 over invoice, he might try to make up some profit elsewhere and doc fee gouging is a common tactic. Reasonable doc fees are 50-80. Some guy on the fest forums got the "invoice+500" deal, but later learned when he got the build sheet with the numbers that the dealer tagged on a 499 doc fee. That's another 400-450 extra profit for the dealer.

You might have to call 4-5 dealers, but great deals are out there. Dealer pricing is dynamic from week to week. A dealer that might give one person a legitimate invoice+500 deal when he has quite a few allocation slots, might be unwilling to even give a 1000-1500 deal when he has 1-2 allocation slots left. Call around, and look at the whole deal. Don't focus on a particular number, but what the total drive away price will be.

It's ultimately what you are comfortable with. There will always be people posting amazing deals etc on these forums, but don't get hung up on those. Find a deal that you can live with, without regrets, so that you can start enjoying your vehicle when it comes in.

[LeMansX5]

Originally Posted by Franklin Joseph

dealer offered the $4500 credit plus another $1500 off msrp. Good deal?

so what does the 'mobile internet' do under the technology package?

thanks
franklin

A dealer in my area has offered $1000 over invoice and $4500 credit on 35d.