MY'08 M5 Owners..
#11
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Joined: Jun 2006
Posts: 129
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From: Los Angeles, California
My Ride: Black Sapphire Metallic 07' 550i
Yea msrp is around the figure Socal M5 gave..can I assume that 100-102k out the dealer price is a very good deal for a fully loaded 08 m5 ?
#12
so 98k plus ttl......damn. I dont think i have to pay sales tax cause i'm buying via pentagon sales (tax assessed when i get back to the states). Licence is only running 60 bucks for two years. dont know how much title is....we'll see. I'm about 90% sure I'll be getting the MY09 model - or another make...we'll see.
#13
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Joined: Jun 2006
Posts: 129
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From: Los Angeles, California
My Ride: Black Sapphire Metallic 07' 550i
Originally Posted by chief3' post='471385' date='Sep 19 2007, 07:09 AM
so 98k plus ttl......damn. I dont think i have to pay sales tax cause i'm buying via pentagon sales (tax assessed when i get back to the states). Licence is only running 60 bucks for two years. dont know how much title is....we'll see. I'm about 90% sure I'll be getting the MY09 model - or another make...we'll see.
#14
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Joined: Feb 2005
Posts: 1,968
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From: S. California
My Ride: 545i; Manual Shifter
MSRP will be the same in every state across the US. This is a figure established by the manufacturer (BMW).
"Mark up" is a figure each specific dealership adds to the overall price for whatever reason they see fit. Not every dealership will do this. I personally will never pay for a vehicle that has a mark up price. I just don't need a car that bad.
One of the best places to start when negotiating price is to start from the invoice figure. You can use various sites to obtain this figure. I have always used edmunds.com but there are others.
Regarding dealerships in SoCal. The car is still very popular out here. In August you couldn't find any '07 M5's anymore. East coast dealers ran out first and began grabbing M5's from the west coast. You'll see nothing but '08 M5's on the lots now and dealers will continue to get more aggressive with price especially with the M3 on the way.
Good luck with your hunt.
"Mark up" is a figure each specific dealership adds to the overall price for whatever reason they see fit. Not every dealership will do this. I personally will never pay for a vehicle that has a mark up price. I just don't need a car that bad.
One of the best places to start when negotiating price is to start from the invoice figure. You can use various sites to obtain this figure. I have always used edmunds.com but there are others.
Regarding dealerships in SoCal. The car is still very popular out here. In August you couldn't find any '07 M5's anymore. East coast dealers ran out first and began grabbing M5's from the west coast. You'll see nothing but '08 M5's on the lots now and dealers will continue to get more aggressive with price especially with the M3 on the way.
Good luck with your hunt.
#15
Originally Posted by Microstar' post='471476' date='Sep 19 2007, 09:28 AM
My'09 is probably gonna be 9 months away...correct me if I am wrong >.<
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