finally found one...
 

I found a new 06' 4.8 w/nav. Dealer is asking $67K. What is a reasonable offer i can make? Thanks guys.

Check this price list from the X5world Home Page. (There's lots of really helpful stuff posted there.)

Cost for that for the dealer was $64,880 + $1,640 for the navigation = $66,520. That is according the official BMWNA prices.

$1,640 for the nav.....this price is from BMW NA right? from factory i assume?

Reasonable offer? with the introduction of the new body style the prices have dropped dramatically. The dealers are getting a big bonus from the manufacturer to get rid of E53 inventory. I know a dealer who sold never titled 06' 4.8is for $54K. So, your dealer is not at the position to negotiate. Offer them as low as possible and let them know you are aware of all the rebates they are getting and outdated body style of E53. Tell tthem you could get E70 for the same money. Keep in mind $54K figure and that should stop you from overpaying for the car. Good luck!!!

I'd start off by mentioning the new body style and then ask for the 06 at around 60K. The dealer is a business man and isn't going to take a bath on the costs because, believe me, you aren't the only person in the area looking for a E53 4.8. So be reasonable, but do expect to pay less then 67K.

I agree with all of the above points. There is certainly some way to go in the price.
The dealership is probably getting at least 3K in trunk money (rebate) from BMW NA to move the E53 inventory.
In addition to the points already made about the new model X5 hitting the showrooms, don't forget that even though this is an untitled car it is a MY '06, not '07, and will be valued accordingly when you go to trade it in. You should also try to negotiate the cost of one years depreciation into the price. Good luck.

And be prepared to walk away, saying "thank you, call me if you come down in price"....

Definitely. My local dealer is only taking $2,000 off MSRP for the E53 4.4, so I'm pretty sure the dealer isn't going to take a bath on the deal.

Just as a reference....
 

I bought an E53 3.0 for my wife just recently. The sticker was 50,250 and I got the paid 44,300 not including tax title and license. It was under the invoice according to the pricing sheet which was posted in this thread earlier. Looking back I probably could have gotten a bit more off the price, but in the end of the day, I really liked the options and color combo so I did not want to pass it up (and it was a local dealer so I did not have to travel!!)

What is the sticker price on the car?

My recommendation to you is if you offer a fair price (below invoice) on the car the dealer will take it. If you are simplying buying the car for a good deal, then low ball an offer and see what the dealer responds with, but as someone noted earlier, you may have to pass up the car if you want go too low with your offer ;)

Not sure if this helps, but I thought I would tell my story just so you have some point of reference

Thanks for the responses guys. Dealer incentive which was $4000 ended on 01/02/07 as far as I know so does that mean the dealer won't be getting any money from bmw? By the way i had them lowered the price to $65000.

bump

Here is a local deal from VOB in MD. This 4.8 is close to your last offer so that sounds about right.

Price$65,895 MSRP$74,125
Body StyleSport Utility Mileage50 Exterior ColorTITANIUM SILVER Interior ColorBlack Engine8 Cylinder GasolineTransmission ManualDrive TypeAll wheel driveFuel TypeGasoline StereoAM/FM Compact Disc Playr DoorsFour Door Stock No.131909 VIN5UXFA93506LE84926

Seller's Comments
4YR/50000 MILE BUMPER TO BUMPER MAINTENANCE, FACTORY OPTIONS: HEATED STEERING WHEEL, SLIDING LOAD FLOOR, DARK POPLAR WOOD TRIM, COMFORT SEATS WITH LUMBAR SUPPORT, NAVIGATION , ADDITIONAL CARS AVAILABLE AT SIMILAR PRICES, LEASE OPTIONS AVAILABLE

$60K absolute max! Be prepared to walk away.

If you demand 60K only, be prepared to walk away for sure. Dealers aren't going to take a 17K hit to move a SUV in the winter time. Now, if it were July...you'd be in good shape.

If BMW continues the dealer incentive their cost on this truck is $63,454, excluding the floor plan expense. Don't see how they could sell for $60K.

As I said, I know a dealer who got rid of brand new 4.8 for $54K. He said it is not a problem now to get one under $60K. If it sounds unrealistic to you, don't say it is not doable.

Where do you live where a dealer told you this and what dealer?

$64500 is the lowest they said they will go.:banghead: Decision, decision.:dunno:

Buy it...

It's a good deal on a 70+K SUV.

Unless there is another 06 X5 4.8 nearby that you can play one dealer against the other, buy it.

Just Curious
 

So did you end up buying the X5......

Just wanted to know if there was a happy ending to this story;)

Well, I've talked to 3 different sales guys at the dealer and I don't think they are interested in selling me the car. I tell them my offer ($64K) and never hear back from them again. Finally I talked to the sales manager and he said he won't go any lower than $65.8K The thing is I know a dealer in savannah, ga just sold a black one with 11 miles on the clock for $58K! If only I was looking for a black one:banghead:
Oh well, let the search continue.

take your time... the more time you wait the more advantages you have in negotiating a good deal

a couple of months ago there were a few brand new 4.8 offered for sale at $63500 or lower on Ebay

Black on black w/every option installed for $64.4 I think I'll go for it. What do you guys say?

as long as you can get them to throw in the free all weather floor mats, I would say that is a great deal.

:thumbup:

I paid $64K & change for my '06 4.8 with every option a few weeks ago.

A little over $10K off sticker.

By the way it has around 160 miles on it. They said they took it to couple golf tournaments as display vehicle. Warranty is upgraded to 4Y/55K mile instead of 4Y/50K. Decision, decision.