BMW price change since 5 months ago
11-24-2006, 03:10 PM
#11
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My Ride: 2008 Sapphire Black on Black M5 - loaded sans soft close doors
The Money Factor (and that's the interest rate nwilliams) is low right now because the 2007 5-series is 7 months into its life cycle and it is not selling too hot. Competition from the GS350, updated E350 and E550 are all putting pressure on BMW right now. This coupled with the car being very expensive (the E350 and E550 have been repriced and are now available with things like sports package for no extra charge) and BMW has to do something to keep them moving.
Of course, to most of us here, they are worth every darn penny.
Of course, to most of us here, they are worth every darn penny.
11-26-2006, 08:32 PM
#12
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My Ride: 2007 BMW 550, Sport, Navi, PS, CWP, Sirius
Originally Posted by Ricracing' post='360114' date='Nov 24 2006, 11:21 AM
The US dollar is now a cheap currency.
Today one Euro buys 1,31 US.
When Euro started in 2002, ?1,00 was worth about $0,95.
That's what the US negative trade deficit causes.
Today one Euro buys 1,31 US.
When Euro started in 2002, ?1,00 was worth about $0,95.
That's what the US negative trade deficit causes.
When it comes to buying a BMW it is more like 1 USD equals 1.31 EUR.
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