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F07 Gran Turismo (2010 - Current)
The 5 Series Gran Turismo -- now available in the USA as a 535i, 550i and 550i xDrive model.

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  #1  
Old 03-12-2012, 08:18 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
535xi GT Pricing? Edmunds?

I'm trying to decide what to do. I have a 2008 535xi Wagon with 48.5K miles - Sport Package, NAV, etc. I'm out of warranty. I've fixed the standard issues, but I'm concerned about reliability and cost going forward. I'm thinking about trading the car in.

So, I started looking at a 535xi GT. What is the 7.5% that the sales person mentioned under his breath? Do I pay invoice? I priced the configuration in which I'm interested on Edmunds and the pricing info said people around me are paying about $3K LESS than invoice. Why would that be?

HELP. I'm very price-sensitive and I don't want to pay more than I absolutely have to.
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  #2  
Old 03-13-2012, 01:10 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
I'm also looking into the Costco Auto Program, but I'm not sure if that's the best bottom line. Anyone have any experience?

Can anyone out there give me an idea of what I should expect to pay for a 2012 535xi GT relative to invoice? Does it make a difference if I order one vs buying one off the lot?
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  #3  
Old 03-13-2012, 01:46 PM
gmblack3 gmblack3 is offline
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Location: Atlanta, GA
 
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Posts: 702
Mein Auto: 2011 335is
Have you considered doing a European Delivery? You can order what you want, the standard discount is 7%, but there are forum sponsors that will do better then that.

Adrian is my salesperson and I can highly recommend him.

http://www.bimmerfest.com/forums/member.php?u=3576
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  #4  
Old 03-13-2012, 02:31 PM
wchewbaka wchewbaka is offline
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Location: SF Bay Area
 
Join Date: Oct 2011
Posts: 117
Mein Auto: 2012 535i GT; 1976 2002
I don't think there is any simple advice to your question. Pricing is very dependent upon particular dealer situations, local economy, and any incentives in place.
I found the best thing to do is to visit as many dealers as you can. If you can get quotes you can play them off of each other.
Negotiate hard and WALK AWAY at least once no matter how much the dealer will try to convince you it is their best deal.
I have not heard anything recently, but late last year dealers were easily selling close to their invoice price. Invoice is really not their cost as there are other financial considerations to the dealer from BMW including "hold backs".
A dealer may be willing to deal harder on a car in their inventory. You may have to compromise on options, obviously.
In my area there are very few GTs in inventory. It is not a big seller here. Luckily I was able to find a dealer willing to seriously deal on an order. Plus he seemed to care that I had purchased my previous car from him.
As suggested earlier, consider the ED option if you order. There is a discount to start, but you will have to pay for the trip (worth it). I did not do it because it would have been a longer delivery, I would have had to pay upon order (not delivery), and I would have had the wrong tires on the car in the dead of winter in Europe.
Also, since your current car is not that old, you may want to consider a lease. Price it out and you may be surprised.... I keep my cars a long time so it was better for me to buy.
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  #5  
Old 03-13-2012, 02:57 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Unfortunately, European Delivery isn't even remotely feasible for me right now. Wouldn't that be wonderful! I'll just dream about the day.

Yes, so I stopped into a dealer that had a GT with a bunch of options I wasn't interested in, which added $5K to the bottom line. Do dealers price cars on the lot more aggressively than ones they have to order? Is there an incentive to sell what they have?

They also told me about one that is currently in production in Germany that is closer to my wish list, and about 4 weeks out. Can I get a better deal by going with something on the lot or by taking one currently in production? I'm not so time-sensitive, other than the miles I add to my 2008 while waiting.

Oh, and I thought BMW doesn't do holdbacks????

I'm thinking $500 over invoice + MACO + Training. Is that fair? that is, if I even buy one right now, at all!
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  #6  
Old 03-13-2012, 03:56 PM
wchewbaka wchewbaka is offline
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Location: SF Bay Area
 
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Mein Auto: 2012 535i GT; 1976 2002
Again, it is what you can negotiate. I had one dealer who only wanted to deal on a car on his lot and was not that interested in ordering a car. Another dealer did not have a car and insisted that a car ordered would not be anywhere near invoice. Then my closest dealer while disappointed that I was not interested in the car on his lot - was willing to deal hard on an order.

Dealers will negotiate harder on a car on the lot since he already has an investment in it.

You will find that most of the owners on this board are very particular about the options on their cars - so as a consequence they have ordered their GTs.

The car they are pointing at "four weeks away" may not arrive much sooner than a car you place an order on. Most of the time is transit, not production. Price both...

Just talk a lot to the dealers....

However, $500 above is a pretty good starting point. Again, conditions change in the economy and incentives...
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  #7  
Old 03-13-2012, 04:55 PM
avus9 avus9 is offline
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Location: Chicago
 
Join Date: Mar 2012
Posts: 17
Mein Auto: 550i GT
I have noticed, from past experience, that Edmunds #s aren't always accurate.
You can't beat TrueCar.com for pricing. It shows MSRP, Invoice, and Dealer Cost. Plus, average transaction paid in your geographic area.
Make sure you build your car with the options you want for the most accurate price.
Good stuff.

Last edited by avus9; 03-13-2012 at 04:56 PM.
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  #8  
Old 03-13-2012, 07:51 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Quote:
Originally Posted by wchewbaka View Post
Again, it is what you can negotiate. I had one dealer who only wanted to deal on a car on his lot and was not that interested in ordering a car. Another dealer did not have a car and insisted that a car ordered would not be anywhere near invoice. Then my closest dealer while disappointed that I was not interested in the car on his lot - was willing to deal hard on an order.

Dealers will negotiate harder on a car on the lot since he already has an investment in it.

You will find that most of the owners on this board are very particular about the options on their cars - so as a consequence they have ordered their GTs.

The car they are pointing at "four weeks away" may not arrive much sooner than a car you place an order on. Most of the time is transit, not production. Price both...

Just talk a lot to the dealers....

However, $500 above is a pretty good starting point. Again, conditions change in the economy and incentives...
Thanks for your advice wchewbaka. I checked out bmwconfig.com, but my system isn't compatible. Aargh!
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  #9  
Old 03-16-2012, 08:18 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Chewy, I tried to use bmwconfig.com, but it won't work on my Mac - too old an OS. Thanks for the tip though - I'll try it on another machine.....

I am pretty soft when it comes to options. Do I need ceramic knobs? No, but they look and feel soooo nice. Do I need the MSport package? Well, that's probably a YES! Do I need all that stuff in the Dynamic Handling package? Beats me, but it sounds good. I wouldn't mind a cool posterior in the summer, but do I need it? I thought the same thing about a heated steering wheel until it came in a package and now I can't live without it.

If I were to get a great deal on a loaded car, I might be willing to pay a little more if the savings off MSRP is there, but I'm guessing that will only be the case if that car has been sitting around for a while.

What ever happened to BMW Loyalty? Do they only run that at certain times of the year? Any idea when to expect incentives? This seems to be a rotten time of year to buy a car.
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  #10  
Old 03-16-2012, 09:31 PM
wchewbaka wchewbaka is offline
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Location: SF Bay Area
 
Join Date: Oct 2011
Posts: 117
Mein Auto: 2012 535i GT; 1976 2002
I actually did not know that "BMW Loyalty" was some kind of official program. However, my dealer did mention the fact that as a repeat customer I was getting some kind of consideration. (That's what this forum is for - I learn stuff).

As far as incentives are concerned - I am of the opinion that incentives can cause a dealer to not have to work as hard to negotiate a deal. You have the opportunity to work the price angle much harder when there is no incentive in place.

I was extremely lucky with my car. I negotiated a pretty good price in the absence of incentives. I live in an area of very high BMW concentration so the Bimmer dealers are sitting pretty - and getting a good price takes some work around here.

BUT then, as I was waiting for delivery for my car (forever!) BMW put the 0.9% financing and $1000 credit incentives in place just before my car arrived. I got the incentives on top of the negotiated price. (Very happy when I signed the papers!)

I am of the belief that had the incentives been in place at the time I negotiated my deal I would have been in about the same place on my final cost. I think the incentive is actually more money in the dealer's pocket.

So, all I am saying is that there is no replacement for hard bargaining.

FWIW some are of the belief that dealers will deal harder at the end of the month when they are worried about allocation and sales figures. If you are not in a hurry consider your timing too....
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  #11  
Old 03-17-2012, 09:10 AM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Chewy, that's a fabulous story! You must have felt so good to walk away with another $1000 in your pocket. I guess that's the advantage to ordering. What time of year was this?
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  #12  
Old 03-17-2012, 09:58 AM
wchewbaka wchewbaka is offline
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Location: SF Bay Area
 
Join Date: Oct 2011
Posts: 117
Mein Auto: 2012 535i GT; 1976 2002
Quote:
Originally Posted by starryeyed View Post
Chewy, that's a fabulous story! You must have felt so good to walk away with another $1000 in your pocket. I guess that's the advantage to ordering. What time of year was this?
ordered the car at the end of September - it was delivered Thanksgiving week. The incentives were put in place early November.

I suppose you could try to guess when incentives will be put in place on a seasonal basis, but I think it is a crap shoot.

Now that I think about it, if I had a quicker delivery than the 8 weeks that it took I would not have gotten the incentives.

Just dumb luck.
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  #13  
Old 03-17-2012, 08:18 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Ok, I did it. No ordering, no waiting. Picking up my new GT, off the lot, on Tuesday. Just my luck, they'll come out with incentives on Wednesday.

Here's what I'm getting:

535xi GT, Titanium Silver, Ivory/Black interior, Ash Trim
MSport package
Dynamic Handling package
Ceramic Controls (gorgeous!)
Heads Up Display
Driver Assistance package
Cold Weather package
Premium Sound package
Value package

Oh man, all of the packages, but what a great deal. Of those packages, I don't feel I need DA, nor Heads Up, but I'm done. Who knows, maybe I won't be able to live without them a month from now.

I almost went for a model coming off production right now that is Carbon Black, MSport, Ivory/Black with Fineline Matte Trim, but I didn't care for the Matte against the polished black finish around the shifter. I wish the Matte were continued around the shifter and then it would have been a no brainer. Less money too, but probably not a better value.

It's all very surreal.....
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  #14  
Old 03-18-2012, 06:14 PM
Wardman Wardman is offline
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Location: Philadelphia
 
Join Date: Aug 2011
Posts: 372
Mein Auto: 2015 X5 35d
For the cargo area - I went Weathertech and I think it was about $100.00. But it was not on the web site at the time and I had to call them directly to get it. Now it looks like it is there. It fits all areas and BMW's may be cut square, not to shape. I have a 2012 535x GT so this is def it : http://www.weathertech.com/bmw/2011/...o/cargo-liner/

For the front rubber floormats, my dealer gave me a gift card so I got BMW brand for about $60 after a $50 credit. I did not get rear rubber floor matts.
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  #15  
Old 03-18-2012, 06:22 PM
jadnashuanh jadnashuanh is online now
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Location: NH
 
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Posts: 845
Mein Auto: 535ix-drive GT
Note that there's a slight difference in the driver's side front mat shape and the WeatherTec exact fit ones just did not fit properly for the X-drive verses the rear-wheel drive version of the vehicle. I'd bought the front and back sets last fall, and had to send the front ones back. I ended up with the factory ones for the front instead, but kept the rear WeatherTec version. They had not had a chance to measure the x-drive version and thought they were the same. They may have resolved that by now, but if you have an x-drive, I'd call them to double-check if they don't list different ones for the two drive versions.

The primary difference is in the shape of the transmission hump - the x-drive has a bump in it that the rear-drive version doesn't (or at least did on my Apr 2011 build x-drive).
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  #16  
Old 03-18-2012, 07:31 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Wardman, are you saying that this cargo mat, http://www.shopbmwusa.com/ProductDet...nterId=5656802 , is not exactly contoured for the 535xiGT cargo area? It looks like the wrong picture, that's for sure.

I'll see what my dealer prices all of this stuff out at - I'm a little miffed that the rubber mats aren't included for courtesy. Maybe they will surprise me, but I'm not holding my breath. WeatherTec sounds like a good option if they worked out the whole X-Drive hump thing. Thanks for the tip!
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  #17  
Old 03-18-2012, 07:48 PM
Wardman Wardman is offline
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Location: Philadelphia
 
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Posts: 372
Mein Auto: 2015 X5 35d
Now I'm not sure. I know the Weathertech is cut to fit the cargo area of the 2012 535ix GT. It has a lip all the way around so when I throw wet stuff back there (fishing/hunting) it stays onthe mat. The BMW one may be fit to order like it says inthe description, but I did not look at that option originally.
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  #18  
Old 03-18-2012, 07:53 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
A lip all the way around would be sweet. I have to find out..... Thanks for the feedback about yours!

I think I've managed to hijack my own thread! :-)
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  #19  
Old 03-18-2012, 09:22 PM
jadnashuanh jadnashuanh is online now
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Location: NH
 
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Mein Auto: 535ix-drive GT
BMW sells a couple of different ones (actually, I think it's three) for the GT, I think at least one has a lip.
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  #20  
Old 03-19-2012, 06:55 AM
Wardman Wardman is offline
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Location: Philadelphia
 
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Posts: 372
Mein Auto: 2015 X5 35d
Now if they would just sell us a spot for a spare tire and get rid of the sunroof option. IMO - this car would be even more sweet with a 1 inch lower roof line and hard top only. I'll get beat up, but the moon roof is not a priority for me other than an ocasional cracking to vent heat out.

But they are different threads to highjack.....
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