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E60 (2004 - 2010)
BMW 5-Series (E60 chassis) was first seen in the Unites States in the fall of 2003 with a 2004 Model Year designation. The E60 is now available as a 528i, 528xi, 535i, 535xi, 550i and a 535xi sports wagon! -- View the E60 Wiki

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  #1  
Old 11-05-2005, 09:52 AM
newbimmerdude newbimmerdude is offline
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Location: CA
 
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Question New 530i questions

Hi,
I have 2 questions regarding leasing and ordering the car:

1. What should I get from the sales man when I put down the $1000 for ordering a car from BMW? like a written down details about the deal, selling price, MF, fees, etc? Is email enough?

2. Can you cancel the order and get the $1000 back if anything happened? very unlikely, but good to know.

Please advice as soon as possible, I am on the verge of ordering the car.

Thanks very much!
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  #2  
Old 11-05-2005, 09:57 AM
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Me530 Me530 is offline
Happily Driving
Location: Illinois
 
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Mein Auto: 2011 550i M Sport
Quote:
Originally Posted by newbimmerdude
Hi,
I have 2 questions regarding leasing and ordering the car:

1. What should I get from the sales man when I put down the $1000 for ordering a car from BMW? like a written down details about the deal, selling price, MF, fees, etc? Is email enough?

2. Can you cancel the order and get the $1000 back if anything happened? very unlikely, but good to know.

Please advice as soon as possible, I am on the verge of ordering the car.

Thanks very much!
Get everything written about the deal you negotiated! EVERYTHING!

I think in CA you have until you take possession to get your deposit back.
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2013 X3 35i, Dealer Delivery July 2012
2011 550i M Sport, European Delivery May 2011

On Order: 2014 550i M Sport, European Delivery May 2014

Gone, but not forgotten:
2006 530i
, European Delivery June 2005
2008 335i Coupe 6MT, PCD November 2007


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  #3  
Old 11-05-2005, 10:08 AM
newbimmerdude newbimmerdude is offline
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Thanks, Me530!
You meant email is not enough, I need the saleperson to fax me the deal??

In CA, do you mean I can't get my money back if I can cancel the car order??

Thanks again!
This forum rocks!
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  #4  
Old 11-05-2005, 10:48 AM
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glenmal glenmal is offline
Glenn Krochnal
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Mein Auto: 2006-530xi & 2006-330i
The other side

Things that are not recited in writing are subject to being misunderstood by both parties or interpreted differently later. Get it in writing, it is good for you and the dealer. Believe it or not dealers get lied to by customers as much as customers are are bamboozled by salespeople.

As a judge in Belfast N. Ireland once advised me, "make haste slowly."
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330i -2006 silver/gray- Auto, Sport pkg, Premium Pkg,Cold Wthr Pkg, NAV, Satellite
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  #5  
Old 11-05-2005, 10:54 AM
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Me530 Me530 is offline
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Quote:
Originally Posted by newbimmerdude
Thanks, Me530!
You meant email is not enough, I need the saleperson to fax me the deal??

In CA, do you mean I can't get my money back if I can cancel the car order??

Thanks again!
This forum rocks!
I would say that an e-mail would be ok, but a fax would be better, signed by you and the dealer....

I think (somebody from CA can confirm this) that you CAN get your money back if you cancel the order.
__________________
2013 X3 35i, Dealer Delivery July 2012
2011 550i M Sport, European Delivery May 2011

On Order: 2014 550i M Sport, European Delivery May 2014

Gone, but not forgotten:
2006 530i
, European Delivery June 2005
2008 335i Coupe 6MT, PCD November 2007


BMWCCA #350568
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  #6  
Old 11-05-2005, 11:13 AM
newbimmerdude newbimmerdude is offline
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Thanks guys!
I got a quote for a 530i with 1300 over invoice (from edmunds) and MF 0.0014 for 36/12000, aq fee $725, no other dealer fees. Is that a good/fair deal in north CA?

Thanks again!
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  #7  
Old 11-05-2005, 11:54 AM
Robert A Robert A is offline
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Yes, it's California law the order deposits are refundable. You can order a pink BMW with lavender interior, change your mind, and get all your money back -- so long as you don't complete the sale by taking possession. It even holds true on ED orders.


Quote:
Originally Posted by Me530
I would say that an e-mail would be ok, but a fax would be better, signed by you and the dealer....

I think (somebody from CA can confirm this) that you CAN get your money back if you cancel the order.
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Robert A
BMWCCA Member



Current
2014 535d, M Sport, Space Gray/Mocha Nappa
Prior
2007 530i, White/Black, 6MT
2001 530i, Orient Blue/Beige, 5MT
1994 325is, White/Black 5MT
1984 325e, White/Black 5MT
1983 318i, Delphin/Beige 4MT
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  #8  
Old 11-05-2005, 01:28 PM
tranctk tranctk is offline
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Location: Orange County, CA
 
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Quote:
Originally Posted by newbimmerdude
Thanks guys!
I got a quote for a 530i with 1300 over invoice (from edmunds) and MF 0.0014 for 36/12000, aq fee $725, no other dealer fees. Is that a good/fair deal in north CA?

Thanks again!
I think 1300 over invoice and MF of 0.0014 is good assuming you the residual value is 62%. Which dealer are you talking to?
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  #9  
Old 11-05-2005, 02:07 PM
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credit777 credit777 is offline
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Since you are going to lease - why not get a 2005 545 instead. Resale won't be an issue and you should be able to get a great deal since the 2006 550s are out. Its much more car - and your payments will be about the same.
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[His] 2006 750i Sport - Jet Black, 21" wheels, premium sound, luxury seating, convenience, comfort access, Sirius (Jet)
[Hers] 2008 650i - Metallic Black, Sports, Prem Sound, HUD, HD Radio, Cold Weather, Sirius (Shiloh)

Moved on from:
2005 645Ci (Ava)
2004 545i (Chief)
2002 330i (Kira)
1998 528i (Slick)
1999 540i (Sly)
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  #10  
Old 11-05-2005, 03:26 PM
Chicago Jenny Chicago Jenny is offline
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Wish I could find a 545.......
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  #11  
Old 11-05-2005, 05:32 PM
newbimmerdude newbimmerdude is offline
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Location: CA
 
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Thanks, guys for all the information.
I got the quote from Seaside BMW, north CA.
I could not find a 545 anymore.

It is a torture to wait for 8 weeks for my new bimmer

How do you guys like your new 530i?
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  #12  
Old 11-05-2005, 05:33 PM
Robert A Robert A is offline
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I think they're all gone now, and besides the residuals are quite low.

Quote:
Originally Posted by credit777
Since you are going to lease - why not get a 2005 545 instead. Resale won't be an issue and you should be able to get a great deal since the 2006 550s are out. Its much more car - and your payments will be about the same.
__________________
Robert A
BMWCCA Member



Current
2014 535d, M Sport, Space Gray/Mocha Nappa
Prior
2007 530i, White/Black, 6MT
2001 530i, Orient Blue/Beige, 5MT
1994 325is, White/Black 5MT
1984 325e, White/Black 5MT
1983 318i, Delphin/Beige 4MT
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