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F10 / F11 (2011 - Current)
The new chapter in the highly successful story of the BMW 5 Series Sedan (F10) and wagon (F11)

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  #1  
Old 04-08-2010, 05:27 AM
scottw5765 scottw5765 is offline
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Location: Lakewood Ranch, FL
 
Join Date: May 2009
Posts: 20
Mein Auto: 2012 BMW 550i Sport
Placing an order Question for 2011 550i

I've never placed an order for a car before. I called one dealership in Atlanta and they told me because I've purchased Five BMW's they would give me $500 loyalty discount of MSRP. I guess I will need to wait unless I can get a better price on ordering. I would love any feedback on the best way to approach ordering this car. After you place your order can you change your mind and not purchase the car? Do you lose the deposit?
What do you think would be the target price for the configuration below? Thanks!

2011 BMW 550i

Pricing:
Base MSRP $59,700
Black Sapphire Metallic
Venetian Biege Dakota Leather
Packages and Options
Convenience Package $1,700
Premium Package Included
Premium Package 2 $2,800
Sport Package $2,200
Split fold-down rear-seat $475
Metallic paint Included
Configured MSRP $66,875
Destination and Handling ?
Total MSRP $66,875
Discount from Dealer $500 (pathetic!)
Selling Price: $66,375


Thanks,

Scott

All BMW Owned:
2000 528i
2002 X5
2000 740il
2004 745li
2006 750li
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  #2  
Old 04-08-2010, 05:53 AM
pharding pharding is offline
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Mein Auto: 11 550i
I would do BMW European Delivery. You will save approximately 11 percent off of US MSRP if you do your research and have reasonably good negotiating skills. That will trigger a 1 to 2 week European Vacation and its associated costs. It is a fantastic experience and if you do it once, you will want to do it again.
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04 Successfully lobbied BMW NA and BMW FS to prohibit dealers from using residual values based upon Euro Delivery MSRP and to use US MSRP saving BMW Enthusiasts several thousand dollars on each lease

14 550i Euro Del
14 X3 2.8i
11 550i Euro Del, Retired
08 550i Euro Del, Retired
06 330i Euro Del, Retired
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  #3  
Old 04-08-2010, 05:58 AM
Munich77 Munich77 is offline
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Since your are custom ordering, do you have any preference for which dealer you are going to be using? $500 off MSRP is like a slap in the face. I would option out the car and contact a variety of dealers and say you would like to pay $1,000 to $1,500 over invoice. With the F10 being new, they might not be too willing to make a deal but still it is worth considering. The other thing you could do is ordering the car for European delivery - which means you pick the car up in Munich. The European Delivery MSRP is much lower than that for the U.S. so the car is cheaper. As far as I know, the last time I checked European delivery cars do not come out of the dealer's allotment and as such, the dealer might be more willing to give you a better price. Some people even do a quick 12 hour trip to Europe (i.e. pick up the car and drive it to the shipper) to take advantage of the pricing.

BMW has been secretive about invoice pricing but for comparison, in 2008 I got my 535 xi which had an MSRP of 60,900 for about 55,700. I am guessing somewhere around 61K is probably the price goal - again I would defer to some more seasoned experts!
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  #4  
Old 04-08-2010, 07:55 AM
BMWTX BMWTX is offline
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Location: Colleyville, TX
 
Join Date: Mar 2010
Posts: 37
Mein Auto: F10 550i
What did they say about a gas guzzler tax of $1,000? Freight of $875 is the estimate given to me by my dealer. My dealer said that he didn't know if the gas guzzler tax will apply to the F10 550i. I would have expected at least $1,000 off since you are a loyal customer. I would not expect any discount larger than $1,000 until the 2010 inventory has been sold off.
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  #5  
Old 04-08-2010, 08:16 AM
nealh nealh is offline
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contact Adrian here on the board, in the Ask dealer section. He works for a BMW dealership in Atlanta, Great guy.
http://www.bimmerfest.com/forums/member.php?u=3576
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'11 535i Space Gray/Cinammon Brown/Anthracite/M-Sport/2TB/PP1&2,ZAV,ZCV,CWP,HUD,4zone,S&T camera,BMW apps..ED 06/27/11 retired
'08 650i retired

Last edited by nealh; 04-08-2010 at 08:22 AM.
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  #6  
Old 04-08-2010, 08:33 AM
carnuts3 carnuts3 is offline
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For me, max $1500 above invoice ...or I walk...no matter how much I love this car,
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  #7  
Old 04-08-2010, 08:56 AM
pharding pharding is offline
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If you buy a standard US Delivery car, you will have very little leverage initially and you will get very little off of US MSRP. The demand will be high initially and the supply limited.
__________________
04 Successfully lobbied BMW NA and BMW FS to prohibit dealers from using residual values based upon Euro Delivery MSRP and to use US MSRP saving BMW Enthusiasts several thousand dollars on each lease

14 550i Euro Del
14 X3 2.8i
11 550i Euro Del, Retired
08 550i Euro Del, Retired
06 330i Euro Del, Retired
04 545i Euro Del, Retired
01 530i Euro Del, Retired
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  #8  
Old 04-08-2010, 10:11 AM
scottw5765 scottw5765 is offline
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Location: Lakewood Ranch, FL
 
Join Date: May 2009
Posts: 20
Mein Auto: 2012 BMW 550i Sport
Thanks all. I did send Adrian a message. If I can get $1500 over invoice I will probably pull the trigger. Otherwise, I will just wait it out. I currently own a 2007 M45 that is very nice but just ready to go back to BMW. Here is my current target.
2011 BMW 550i

Pricing:
Base MSRP $59,700

Black Sapphire Metallic
Venetian Biege Dakota Leather

Packages and Options
Convenience Package $1,700
Premium Package $0
Premium Package 2 $2,800
Sport Package $2,200
Split fold-down rear-seat $475
Metallic paint $0
Destination and Handling $875

Configured MSRP $67,750

Total MSRP $67,750
Target Discount $3,922
Selling Price: $63,828

Last edited by scottw5765; 04-08-2010 at 10:15 AM. Reason: error
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  #9  
Old 04-08-2010, 10:13 AM
scottw5765 scottw5765 is offline
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Location: Lakewood Ranch, FL
 
Join Date: May 2009
Posts: 20
Mein Auto: 2012 BMW 550i Sport
Is the $845 Destination and Handling included in the Base MSRP we are seeing here? I just don't see it on the price list. I see it on the BMW NA site when you build a 2010 550i only.
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  #10  
Old 04-08-2010, 10:43 AM
exthree exthree is offline
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Location: N.E. Pennsylvania
 
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Posts: 78
Mein Auto: 2008 X3.0si, 2006 330xi
Quick ED Trip

As far as I know, the last time I checked European delivery cars do not come out of the dealer's allotment and as such, the dealer might be more willing to give you a better price. Some people even do a quick 12 hour trip to Europe (i.e. pick up the car and drive it to the shipper) to take advantage of the pricing.


If I take advantage of the discount by taking the ED, drive to the port/shipper, could I expect to get a respectable tade-in value on my 2006 330xi and also favorable lease terms?
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  #11  
Old 04-08-2010, 12:33 PM
Munich77 Munich77 is offline
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Mein Auto: 2014 E550 4matic
Quote:
Originally Posted by exthree View Post
As far as I know, the last time I checked European delivery cars do not come out of the dealer's allotment and as such, the dealer might be more willing to give you a better price. Some people even do a quick 12 hour trip to Europe (i.e. pick up the car and drive it to the shipper) to take advantage of the pricing.


If I take advantage of the discount by taking the ED, drive to the port/shipper, could I expect to get a respectable tade-in value on my 2006 330xi and also favorable lease terms?
Not sure about the trade-in but what I did with my old car was just use Car-Max. The dealers tend to screw you on trade-in.
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  #12  
Old 04-08-2010, 01:00 PM
masku masku is offline
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Location: San Francisco Bay Area
 
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Posts: 103
Mein Auto: 2003 VW Jetta GL
Quote:
Originally Posted by scottw5765 View Post
Thanks all. I did send Adrian a message. If I can get $1500 over invoice I will probably pull the trigger. Otherwise, I will just wait it out. I currently own a 2007 M45 that is very nice but just ready to go back to BMW. Here is my current target.
2011 BMW 550i

Pricing:
Base MSRP $59,700

Black Sapphire Metallic
Venetian Biege Dakota Leather

Packages and Options
Convenience Package $1,700
Premium Package $0
Premium Package 2 $2,800
Sport Package $2,200
Split fold-down rear-seat $475
Metallic paint $0
Destination and Handling $875

Configured MSRP $67,750

Total MSRP $67,750
Target Discount $3,922
Selling Price: $63,828
You should really have a target of $X,XXX over invoice, instead of $X,XXX discount from MSRP. Take a look at the invoice estimates: http://f10.5post.com/forums/showthre...57#post7013657
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Jerez Black, Fox Red interior, Carbon Leather trim

2008 E60 535i Sport MT - Repurchased
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  #13  
Old 04-08-2010, 01:41 PM
scottw5765 scottw5765 is offline
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Location: Lakewood Ranch, FL
 
Join Date: May 2009
Posts: 20
Mein Auto: 2012 BMW 550i Sport
Quote:
Originally Posted by Munich77 View Post
Not sure about the trade-in but what I did with my old car was just use Car-Max. The dealers tend to screw you on trade-in.
The only disadvantage of using CarMax is the sales tax savings only if you are purchasing. I've sold a few vehicles to them. Also did a few private parties..but it's such a pain with untrustworthy folks out there..not to mention the dealers too!
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