2003 530 price please help!

[dolmachap]

I am in orange county, CA and am interested in buying a 530i with premium package, navigation system, step-tronic option. Would like to know the fair market value?? I am familiar with sticker price and willing to negotiate. Any advise would be greatly appreciated.

[nice525ia]

I'm in SC and have been in the car business for many years. I'm lucky enough now that I have a job that envolves selling the what I think the best cars in the world...BMW's. One thing that took me a while to get use to is the pricing. We do not adjust the prices up on anything we sell, be it a m3, x5 4.6, m5 or even the rare z8. We wont budge from sticker on those either. As for the other models we normally will only discount a few hundred dollars on 3 series or 5's. The x-5's are so hard to keep and get we normally get full sticker for those as well. I just like anyone else thought you could get a huge discount on these cars. But with time I see now why they do not discount them like most others. The main reason is availability. They (BMW) do not overproduce their cars. They keep production right at where they do not meet demands. They do that to keep resale values high, residuals on leases high which in return helps the customer in the long run. Better residuals on leases are better payments for customers. Better resale values for customers means after paying 40,000 + for a car you have a car worth about half in 4 years rather than paying 40 for something worth 8,000 in 4 yrs. I've been in the business for a good time now and I will have to say that BMW has the game figured out to help both them and their loyal customer base. So I hope this bit of information helps and if you get a few hundred bucks knocked off then consider yourself lucky and take the deal. And rememeber if others are willing to knock thousands of dollars off a price of a car all they are doing is de-valuing their product.
good luck

[windpower]

Things must be pretty good in S.C. for selling BMWs with no discounting. My recent experience was very different.
I had been looking for a new BMW 530i for close to 6 months. The best price I was quoted through a broker was about $2,200.00 under msrp. I was told that they have about $4,500.00 in profit with this car. This was for a black 530Ia with premium, cold weather, and several other less expensive options. The msrp was about 46,700.00 and I could have had it for 44,4XX.00. However, just as I was ready to close the deal, I tried a 540i with prem, cold, nav, prem sound and absolutly fell in love with it. I negotiated msrp -$2,650.00. So even with BMW you can negotiate a better deal. This was through a large Boston dealer.

[tomlong]

Buy it on EBAY my buddy just bought a 98 528I premium package with 58,000 miles for $14,000 and than bought a 2000 740I with 78,000 miles for $23,000 not to long ago.