How much over invoice should I pay for my new X5?
 

Longtime lurker...newb to posting. I recently ordered a 2008 3.0 X5 and it just arrived. I had to have it built because I wanted specific things (a rather "strippy" model) and all of the ones already at dealerships were loaded to the gills. I just got the Premium Pkg, Premium Sound Pkg, heated seats, third row, Satellite Radio, Ipod connector....pretty bare bones, but perfect for me.

Anyways, my good friend is the internet manager and he told me they would sell it to me for $2000 over invoice. I think that is WAY to high because when I was looking at a Lexus, they were offering $500 over invoice. With the economy and car market the way it is, I would think that $2000 over is unreasonable.

How much did you pay over invoice on your X5 and what is acceptable?

I was just in a similar situation as you, purchased similar items for a 4.8, and paid $1500 over invoice.

Internet sales guys will tell you up front - they do $1500 over invoice, no hassles.

i got mine for $500 over invoice. 4.8 fully loaded. call around.... try in the middle of no where... then get a local dealer to match that. that's what i did.

btw, does it matter purchase vs. lease? Do they even go into the final cost figure if you're leasing?

Yeah that worked for me too. I paid $1000 over invoice for 07 4.8 back in july. I started talking to local dealers first. Initally I didnt get a good response so I started talking to dealers outside MD and finally found a local dealer who matched the offer of an out of state dealer.

Hey! :welcome:
Congrats on your first post!

I paid almost $3K UNDER invoice.

Are you people on crack? They make tens of thousands of X5s every year- it isn't a Ferrari 599 for Christ's sake.

If you only have one local uncooperative dealer locally put the car out for bid nationally. Even if you have to have it shipped to you you'll save thousands. Try the place I bought from- VOB in Maryland.

:wow:You have some angry posts out there! Are you really that mad at others? :)

Your price looked a little unbelievable; I hadn't heard of anyone paying under invoice for a 2008 X5. And what did I find when I did that search?? That you had previously posted that you paid $2,500 OVER invoice...
http://www.xoutpost.com/x5-e70-forum/...tml#post392112

One of your posts about the price that you got is incorrect...

Sounds low - when did you buy the car?

Anyone familiar with current BMW to dealer incentives that could make this possible?