Negotiating on a 2012 550i - Thoughts?

Hello everybody,

This is my first post, thought I'd get the group opinion on my new purchase. We had a 2005 645ci which is no more...moment of silence ...

We are currently negotiating on a 2012 550i with the following packages/options:

M Sport Package
Driver Assistance Package
Convenience Package
Premium Sound Package
BMW Apps
Smartphone Integration
Heated Front Seats
Split Fold-Down-Rear Seat
Transmission: 8-Speed Sport Automatic

Dealer has the price @ $74,570

Truecar says:
Dealer Invoice = $71,090 (including $600 Regional Add Fees & $895 Destination)
Average Customer Paid = $71,398 (including $600 Regional Add Fees & $895 Destination)

What have you all been getting? Are there any discounts/incentives currently going on?

Thanks for the help.

There's a $3,000 option allowance and $750 loyalty cash available. That should help you get the price down a bit more.

Raj

i'd get ars and active steering too if not getting an xdrive

Originally Posted by RajG

There's a $3,000 option allowance and $750 loyalty cash available. That should help you get the price down a bit more.

Raj

That's good to know. Thanks! Is that only for the 2012 models?

Originally Posted by SuperTerp

i'd get ars and active steering too if not getting an xdrive

ok, I'll talk with the sales guy to see if there are any available with those.

Originally Posted by manishbmw

ok, I'll talk with the sales guy to see if there are any available with those.

Even if you only find a car with one of those features its worth the test drive to really get a feel how much better the car is. Those two things in my op and many others are worth their weight in gold.

Originally Posted by manishbmw

That's good to know. Thanks! Is that only for the 2012 models?

Yep, should only be for 2012 as they make space for the 2013s.

RajG & SuperTerp: thanks for the tips.

We did drive one with the ARS, it was pretty sweet. In we got the dealer to give us a pretty sweet deal on the car mentioned in my original post. and as this car is going to my dad, he was happy with it.

If you're a Costco Member, you can get a referral to a dealer near you that will sell a BMW for "member price" which at my LA dealer was $750 over invoice. To that, subtract the current $3000 promotion from the factory and the $750 loyalty program, and you'll get it down pretty reasonably. Only applies to current dealer inventory. There's some non M 550i and just a few M Sport 550i...mostly graphite, grey, royal blue...mostly with black interiors.
Bought mine similar to your quote (minus driver assistance package) for almost $6300 off MSRP.
Good Luck!

You can do well now, I just landed a 12 at $500 over invoice and $3000 option / $750 loyalty. It's now up to $4000 and $750 if you can get it.

If you believe Truecar, I got below dealer cost.


did my own financing, BMW rate was too high.