Faced with dilema of purchasing a 2003 530 (nice incentives) or wait for the new 2004 530. Of course, BMW USA HAS NOT released MSRP and it's hard to compare overseas pricing to US MSRP. Does anyone know the MSRP of the 2004 5-series yet?
I'm going to cross post this in the tech section just in case this is not the best place for new car purchase questions.
I think you should determine your decision on whether you like the new body style and the way it drives. I would also advise against purchasing a 2004, usually first year models for BMW have some bugs that need to be worked out, especially with all the new electronics.
the 2004's will start showing up mid to late september. i dont think there will be any major problems with it being a first year production car, the e46 and e65 had hardly any in there first year. the only thing you may have to worry about would be some very slight electronic problems if any. you can check out the e60 sales brochure here: http://e60.doit.wisc.edu/releases/brochure...rochure_US.html
i dont think any US prices have been released yet
The couple reviews I've read show that there is little to no increase from 2003 pricing. Well, in the grand scheme of things 1500 isn't too big of an increase on a 40k car. Taking into account 3% inflation that's not too bad at all. =) We'll see what happens at the end of the month. My folks have been waiting on looking at new cars till the new 5er comes out. After I got my 3er they've held off.
The local dealer says that prices are expected to go up $5k.
I've been holding out on a new care as I haven't been forced or in a big need (salespeople hate me).... I've been looking at the CLK320, S60R and the 330ci. I'm coming from a Acura TL and a TBird SuperCoupe, so I think I'll feel to cramped in the 330 or CLK.
One feature I've been looking for is fold down seats - almost STANDARD on every other car, except the 5 series. Since they've halted production of the E39, I have to either buy something local (without folding seats) or wait and purchase the new 2004. The local dealer says that my color choices are available locally (Houston, San Antonio, or Dallas), but the availability depends on the dealer accepting a stock trade.
There are some heavy incentives going on, like reduced APR and at/below invoice pricing to dump the existing 5's in the dealer's inventories.
The local dealer has also told me that the first two months of allocations are spoken for. Amazing - no pricing and people are buying them, or are these for the sales people and owners??? I can't believe that BMW USA has not released pricing yet, possibly as a method to dump existing stock. I'm going to call BMW tomorrow and pound them for MSRP pricing.
Oh well, enough venting. Like I mentioned, I'm not under any pressure, so If BMW and the dealer want to play games, I can play, or I can go purchase elsewhere.
P.S. Oh, another item that really upsets me is the missing 6/5-CD IN DASH capability. Others = standard. BMW = in trunk, optional. I've looked at some of the aftermarket sites which tends to confusing as one needs brackets, adapters, to trunk materiels, etc... GEEESH!! I better stop now before I talk myself out of buying a BMW!
All the mags/reviews I've read say that there won't be much of an increase at all. Estimated starting price on the 530i is 40,000 compared to 38.X or some for the current 530 model. It's not enough to justify going with the '03 strictly for money reasons. Maybe you'll get a 5k increase from a dealer on top of MSRP.. who knows.
Man, just look at all the folks that put down a deposit on the new 350Z without test driving it and practically all by a couple pictures that were let out. Sometimes it's all about being the first person on the block and others it's about being an enthusiast. =)
if you compare the price on '03 now vs an '04 the price difference maybe more than $5000 becuase there is huge incentive to get the '03s off the lots...I just bought '03 not sure I really like the '04 body style I am sure in a 1-2 yrs I will like much better but not now...
I would consider if thereare improvements in the '04 you want if not... consider you will pay a premium to be one of the first to have an '04 I would save the money and get an '03...I doubt there will be any discounts on the '04 for awhile...when I was looking they dropped the price $4000 ...
The other big issue do they have the car and color you want know given the dwindling stock
I should add I got them to switch out the cd player for a tape player(I love to listen to audio books and most are on tape) would have cost me $300 or so ..also got them to throw in the cd changer($800 when we first talked) and pinstriping...
the car cost me $41168....the only thing I wanted that they could not get was the premium sound package as only one car in my color choices had and it was sold already when they did inventory look in FL
So for me the MSRP was $45870 plus about $1100 for casette player and cd changer..total was $47000...
SO I figured I could upgrade some stereo stuff if I need to and I get a good price and since they seem to hold there value it was worth it to not wait for an '04( if it comes in aroud $1500 for same option then I would be looking at $48000(since casette is a costless option if ordered but afterwards if there is no casette in car on the lot they have to order one and they cost over $300) ...for me that is $7000...too much for a car given it is a depreciating asset.
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