Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F10 / F11 (2011 - Current)

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

Reply
 
Thread Tools Display Modes
  #1  
Old 08-30-2014, 05:52 PM
mselheimer mselheimer is offline
Registered User
Location: Houston
 
Join Date: May 2010
Posts: 30
Mein Auto: 335i Sedan
New 535d

Decided it was time to trade in my 2011 550i. It was coming up on the end of warranty and I had done the Dinan Stage 2 on it and driven it pretty hard. Seemed to always need a top up of 1 quart of oil annually during the hot Texas summer and this year in June I had to have all 8 fuel injectors replaced because of a drive train malfunction warning. The issue went away for a month but then came back, BMW techs couldn't find anything even though the malfunction warning came on about 10 times in the last two weeks so I decided it was best to take advantage of end of year 2014 deals and get into a new car.

Bought the 535d this afternoon and am really enjoying it. It doesn't quite have the full knock you back in your seat impact of the 550i with Dinan Stage 2, but it has a lot of torque and plenty of get up and go. I don't really feel like I've left too much behind honestly. The 550i had M-sport but not the M suspension, which the 535d has and I like (lower ride and it seems slightly less roll in sharp corners). It also came with a few features I didn't have that I'm liking (comfort access, power liftgate) plus the LED foglights improved iDrive with touch.

Overall very pleased with the purchase so far and my payment is quite a bit less per month too. Here's a photo (windows not yet tinted).

Reply With Quote
Advertisement
  #2  
Old 08-30-2014, 08:53 PM
Spartan01's Avatar
Spartan01 Spartan01 is online now
Oh Really?
Location: Pennsylvania
 
Join Date: Aug 2014
Posts: 163
Mein Auto: 2015 535xi
Congrats. That's a beautiful car. How much less are you paying a month now?


Sent from BimmerApp mobile app
__________________
“May I never be complete. May I never be content. May I never be perfect.”

2015 BMW 535xi - M Sport

Carbon Black w/ Anthracite Wood Trim
Cold Weather
Drivers Assistance
Dynamic Handling
Sports Auto Transmission
Multi-Contour Seats
HK Audio
Makes Pancakes in the morning
Leaves Money on Dresser


Week 43 Build Date
Reply With Quote
  #3  
Old 08-30-2014, 09:41 PM
mselheimer mselheimer is offline
Registered User
Location: Houston
 
Join Date: May 2010
Posts: 30
Mein Auto: 335i Sedan
It's not a fair comparison as the 550i was financed and the 535d is a balloon. I got a good deal on both - 550i was an ED with one of the top ED specialists here on bimmerfest and for the 535d I was able to take advantage of end of model year, end of month, and eco credit but put far less down (I rolled a few thousand of the equity from the 550i into the balloon so I could get payments where I wanted them and that was it). But the net difference, to answer your question, is $400 less a month.
Reply With Quote
  #4  
Old 08-30-2014, 11:54 PM
Eagle11's Avatar
Eagle11 Eagle11 is offline
Officially Welcomed to the 'Fest
Location: Valley of the Sun
 
Join Date: Oct 2013
Posts: 873
Mein Auto: 2013 320i
Quote:
Originally Posted by mselheimer View Post
It's not a fair comparison as the 550i was financed and the 535d is a balloon. I got a good deal on both - 550i was an ED with one of the top ED specialists here on bimmerfest and for the 535d I was able to take advantage of end of model year, end of month, and eco credit but put far less down (I rolled a few thousand of the equity from the 550i into the balloon so I could get payments where I wanted them and that was it). But the net difference, to answer your question, is $400 less a month.
Do you mind explaining your deal to us? I'm very interested in getting a 535d and with the eco credits makes for a nice way of getting into one.
__________________
2013 320i Jet Black/Venetian Beige Dakota Leather, Premium Package, BMS Stage 1


Reply With Quote
  #5  
Old 08-31-2014, 09:49 AM
wrickem wrickem is offline
Officially Welcomed to the 'Fest
Location: lambertville nj
 
Join Date: Nov 2005
Posts: 395
Mein Auto: '14 528xi, 07 M6
Beautiful car! Good luck with it
__________________
'14 528xi Alpine White/Mocha - oddly optioned exactly the way I wanted it.
Reply With Quote
  #6  
Old 08-31-2014, 05:14 PM
mselheimer mselheimer is offline
Registered User
Location: Houston
 
Join Date: May 2010
Posts: 30
Mein Auto: 335i Sedan
Eagle 11, I forget what the policy is here on disclosure of full purchase details, so here's the basic run down on the deal.

The MSRP was $65,465 and I negotiated $59,600 on the price (invoice price was $60,025). I used Truecar, Edmunds, and KBB to get a fair market price. They were all pretty close - Truecar said $59,300, Edmunds was $59,600, and KBB was $60,000. I told them I'd pay $59,600 firm and they met the price. Pretty straight forward and no haggling. They knew I was a serious buyer, motivated to do the deal before end of the month and I'm sure that it helped them toward bonus goals. I also wanted this particular car as the next closest 2014 available in Houston had options I didn't want and was $3K MSRP higher. With the eco credit and build out credits from BMW USA, I am sure they still made money on the deal. They tried all the usual add-ons (rust proofing / protectant, tire and wheel package), which I declined, and they had already put nitrogen in the tires and wanted to charge me for that. I said they could empty the tires and refill them with air. Obviously, it wasn't worth the trouble and they just let it go. I've had tire and wheel packages before and honestly they worked out to not be worth it. With this car, you will need to buy new tires about every 20,000-25,000 miles. That's about two years of driving for me and I've been averaging about a tire every year to 18 months from road hazards. So over a 3 year lease it really just comes out to a wash and I'd rather spread the replacement charges over time vs. upfront (cash flow / time value of money). I probably could have pushed some more on the price and gotten up to another $500, but really over the life of a three year lease it wasn't that big a deal to me and unlike some others I think dealers and CAs should make some money. After all, we don't want them to go out of business or be pissed at us when we buy another BMW from them in the future do we?

On the finance side, they really wouldn't go for buy rate on the money factor (.0013) which amounts to 3.12% (MF x 2400) but did 4% on the balloon. Again, I could have probably pushed a bit harder, but honestly that's less than $10 bucks a month over 36 months and isn't something I would really notice and I try to be fair vs. sit and argue for hours when buying a car over a few hundred bucks.

Hope this helps. Some may not agree with my approach I am sure, but I want this dealer to stay in business as some of the other big dealers in Houston are really not good to do business with.
Reply With Quote
  #7  
Old 08-31-2014, 05:22 PM
BobBNY BobBNY is offline
Officially Welcomed to the 'Fest
Location: NY and San Jose CA
 
Join Date: Sep 2011
Posts: 117
Mein Auto: 2015 535d on the way
Congrats, Enjoy the new ride. I have a 2015 535d on order that I hope will be in production in the next 7-10 days. just moved from The Woodlands to San Jose. Not missing the humidity at all.

BB
Reply With Quote
  #8  
Old 08-31-2014, 06:21 PM
mason's Avatar
mason mason is offline
Travel Fever
Location: New York, NY
 
Join Date: Jun 2006
Posts: 2,701
Mein Auto: 535dx
Congrats.
__________________



MJ14 535dx - Imperial Blue
MJ10 550 GT - Imperial Blue (retired)
MJ07 530i - Silver Grey (Sold)
Reply With Quote
  #9  
Old 08-31-2014, 11:06 PM
Eagle11's Avatar
Eagle11 Eagle11 is offline
Officially Welcomed to the 'Fest
Location: Valley of the Sun
 
Join Date: Oct 2013
Posts: 873
Mein Auto: 2013 320i
Quote:
Originally Posted by mselheimer View Post
Eagle 11, I forget what the policy is here on disclosure of full purchase details, so here's the basic run down on the deal.

On the finance side, they really wouldn't go for buy rate on the money factor (.0013) which amounts to 3.12% (MF x 2400) but did 4% on the balloon. Again, I could have probably pushed a bit harder, but honestly that's less than $10 bucks a month over 36 months and isn't something I would really notice and I try to be fair vs. sit and argue for hours when buying a car over a few hundred bucks.

Hope this helps. Some may not agree with my approach I am sure, but I want this dealer to stay in business as some of the other big dealers in Houston are really not good to do business with.
Sale price $59,600, minue $2500 for built credit and Eco Credit.

What is the So you went with the BMW select, which is what I did on my 320i, what is the residual on your car, is this a 3,4 or 5 year loan? Payments?
__________________
2013 320i Jet Black/Venetian Beige Dakota Leather, Premium Package, BMS Stage 1


Reply With Quote
  #10  
Old 08-31-2014, 11:43 PM
mselheimer mselheimer is offline
Registered User
Location: Houston
 
Join Date: May 2010
Posts: 30
Mein Auto: 335i Sedan
$59,600 was the final price with the credits. It's for 3 years. 61% residual (58% is standard plus 3% for 10K mileage). Payments are $621/mo with 5K equity rolled in from my trade.
Reply With Quote
  #11  
Old 09-01-2014, 12:31 AM
Eagle11's Avatar
Eagle11 Eagle11 is offline
Officially Welcomed to the 'Fest
Location: Valley of the Sun
 
Join Date: Oct 2013
Posts: 873
Mein Auto: 2013 320i
Quote:
Originally Posted by mselheimer View Post
$59,600 was the final price with the credits. It's for 3 years. 61% residual (58% is standard plus 3% for 10K mileage). Payments are $621/mo with 5K equity rolled in from my trade.
Thanks
__________________
2013 320i Jet Black/Venetian Beige Dakota Leather, Premium Package, BMS Stage 1


Reply With Quote
Reply

Bookmarks

Tags
535d 550i dinan


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F10 / F11 (2011 - Current)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 10:49 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms