2019 540i Dealer's Offer Accept or Not? - Bimmerfest - BMW Forums



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G30 (2017 - Current)
The next generation 5 Series, chassis code G30, arrives at dealers in February 2017. Looking like a scaled down 7 Series and riding on the CLAR platform, the new 5 Series will have a focus on lightweight and sporty performance. Engines options will come from BMW's new B family for the 530 and 540 and a turbocharged V8 for the M550i. Read more about the 2017 5 Series

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  #1  
Old 08-24-2019, 07:07 PM
ceoengr ceoengr is offline
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2019 540i Dealer's Offer Accept or Not?

I have been lurking here for a while and researching here and on the web. I have an offer from a out of town dealer (80 miles) for a new 2019 540i fairly well loaded with most of the options that I want. The MSRP is $72,645 and the car has 628 miles on it. Today I drove there and looked it over; it checks out well. The dealer is asking $59,836.00 plus TTL, and this includes all the discounts and incentives currently available. Note: I will be financing it thru BMW FS and no trade-in.

Should I go for it Monday morning or wait till December for the 2020 model. I am in no rush as I have another vehicle to use in the interim.

All suggestions and opinions is greatly appreciated.
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  #2  
Old 08-24-2019, 08:41 PM
LogicalApex LogicalApex is offline
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The MY2020 540i is on sale now. Unless you mean for incentives to arrive for the MY2020 cars? If so, no one knows what those incentives will be so I would compare the MY2020 car features and options as you're interested in and see how you feel about where you have the MY2019 negotiated to compared to it.

Only you can decide if waiting is worth it since BMW could try lighter incentives if they feel the minor tech bump to iDrive 7 helps sales enough ahead of the LCI in MY2021.
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  #3  
Old 08-24-2019, 09:18 PM
Autoputzer Autoputzer is offline
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That's about 18% off MSRP. We got 11% off MSRP on a factory ordered X3 near the beginning of the model year.

Being a 2019, when it comes to calculating resale or trade in value, that car is already a year old. So, count in it being worth only 75% to 85% what an identical 2020 car with the same mileage would be. If you're going to keep the car a long time, that's nothing to worry about. It you replace cars every three years, it would hurt you.

My 2014 535i, MSRP of $73k, depreciated $1.55/mile the first year I had it (driving 12.5k miles that year). The 628 miles on the car at $1.55/mile might be another $1k in decreased value of the car.

Go plug two identical 540i's into KBB.com and see what the trade-in and private sale prices would be, but one being a 2017 with 12k miles and one being a 2018 with 12k miles. The difference would give you a pretty good idea what that 2019 being a leftover would cost you in book value in a year. ...... or KBB (verb) a 2017 with 12,628 miles compared to a 2018 with 12,000 miles. That would really nail down what discount you should get in addition to the typical discount on a current model year car.

If you keep cars a long time, a few percent more or less off on the MSRP isn't a big deal in the big picture. We could have done better than 11% if I'd wanted to have a pissing contest. But, the dealership's done me some real solids over the 17 years I'd been dealing with them. If I get good service, and no shenanigans during the sales process, I don't need to fight tooth and nail. My rule of thumb is that I'll split the difference between MSRP and dealer invoice (about 4% off MSRP), before any incentives. I get a lot of incentives (USAA, BMW FS Visa points, BMS FS loan credit, loyalty credit), so I end up where I need to be. Assuming that the car's depreciated 15% since it's a 2019, that'd come to 19% off MSRP.

I guess I'd call your deal a good offer, but not a great offer. They'd probably take a few $k less. But, they might also $1k less from somebody else looking at the car.

Car sales tank in December and January. Salesmen are hungry then. You can also get factory ordered cars relatively quickly then. I keep cars a long time. So, I want exactly what I want, and that means factory ordering one. I've had a several new cars scratched up by the minimum-wage idiots who wash them at the dealership. So, in addition to factory ordering cars, I now require they be delivered unwashed with the shipping film still on them.

I guess a next to last thought is if that 2019 lot bunny doesn't have a spare tire ($150 option), walk away and come back in December with a list of the option codes you want. The spare tire is option code "300," not to be confused with paint color Alpine White III, which is paint code 300.

Finally, decide what type of tires you want and throw that into the decision process. I'm militant about having non-RFT's on all my future cars. The OE RFT's on my 2014, Goodyear LS2's, are what made me militant about that.

Last edited by Autoputzer; 08-24-2019 at 09:26 PM.
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  #4  
Old 08-25-2019, 09:21 AM
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quackbury quackbury is offline
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A really important question you need to be asking, but apparently have not: When was the vehicle "punched" (reported in service) for warranty and maintenance purposes?

628 miles is A LOT. The car was almost certainly used as a service loaner, press car or "brass hat" corporate vehicle. In some of those circumstances, the warranty and maintenance clocks may have started when the vehicle was placed in service, maybe 6 months ago. If so, that vehicle (which you don't really need) sitting on the lot 80 miles away, could have 6 months less warranty than a vehicle you order built to spec. And if you order one built to spec, you will have the added benefit of knowing no one has ever beat on it.
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2017 540i MSport
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Prior BMW's
2015 X1 35i xDrive
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2014 535i MSport
2014 328i SportWagon
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  #5  
Old 08-25-2019, 09:23 AM
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quackbury quackbury is offline
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PS: You should never be in the position of accepting a dealer's offer. You should be making your own offer to the dealer and seeing if they accept it.
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Current BMW's:
2018 340i RWD 6MT MSport
2017 540i MSport
2016 428 GC MSport

Prior BMW's
2015 X1 35i xDrive
2015 X1 28i xDrive
2014 535i MSport
2014 328i SportWagon
2011 535ix MSport
2011 X5 35D
2008 ///M3 Vert
2008 X5 3.0
2007 X5 3.0
2006 X5 3.0
2006 550iA SP
2003 540iA M-Technic
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  #6  
Old 08-25-2019, 12:06 PM
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540 M-Sport 540 M-Sport is online now
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+1, in-service date is critical to warranty expiration. Ask and find that out.
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  #7  
Old 08-25-2019, 12:50 PM
ceoengr ceoengr is offline
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The vehicle has not been punched. They emailed me the numbers. I fully intended to make my offer and that will include extended warranty and service contract. I have asked them not to call me, email only. I will keep all of you updated of my decision.

Once again, I want to thank all of you for your responses.
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  #8  
Old 08-27-2019, 02:50 PM
ceoengr ceoengr is offline
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I walked from the deal. The SA's story as to the mileage was not adding up. I will wait till next month and then order exactly what I want and have the vehicle before the holidays.

Last edited by ceoengr; 08-27-2019 at 02:51 PM.
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  #9  
Old 08-27-2019, 03:03 PM
KTBD KTBD is offline
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FWIW at this point, we made a deal with our local dealer for a 2019 540i that included whatever the then-unpublished incentives would be as a discount to the negotiated price.
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Hers: 2019 BMW 540i
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His Prior: 2001 BMW E38
His Prior: 1991 BMW E32 (Totaled by others in a test drive)
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  #10  
Old 08-27-2019, 04:07 PM
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DLF750 DLF750 is offline
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wow! 628 miles on it is nothing...there has to be a story. I can drive that in 2 weeks easily.
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2019 540iX M Package, M Blue Brakes, bunch of other stuff...
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  #11  
Old 08-28-2019, 11:45 AM
F10_535 F10_535 is offline
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I will say no.
Check link below.
2019 BMW 5 Series 540i Sedan RWD - $46,981, loaded with Driving Assistant Plus , 6,886 miles
You can save another $13,000

https://www.cargurus.com/Cars/invent...ting=250226386
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