I work at a bmw dealership in Richmond, VA, and today we got our first 08 550i in, Carbon Black on Black, ABSOLUTELY HOTT!!! I love it!:redspot

$74K Sticker, and its already sold.

I will try to put up some pics soon.

it's amazing how the price of bmw's v-8 have jumped in the high 60k to mid 70k range. Nice car, but the price is ridculious. With such a high depreciation. Look at the m5-they were walking out the door at high 90's range and on the used car market they in the high 60k range after 1year of being on the market. Bmw really know how to make money.

Sorry all I have are camera phone pics, but here they are, and the car was delivered today.

The 550i Sport Package come standard with the body kit, and the new 19 inch M Wheels.

I'll probably get a new 550i in a few years.

NICE!!! That's exactly what I have on order - black on black. Could you take a few more pics, maybe some of the interior?

The inside is soooo nice, I sat in it yesterday, I will try and get some pics tomorrow while Im at work.

these pics look like my 06 550i with the M sport package

Guys look at this video-- http://www.youtube.com/watch?v=UOwHOPtrLNo (http://www.youtube.com/watch?v=UOwHOPtrLNo)

74K is a lotta cake!

i said the same thing-wow ! I never would of imagine a 5-series going for that much and not even a m-model

Well a big part of that is the sport pkg alone is now $4600, because they include the body kit, with purchased as an accessory from the parts dept. was about $2500-3000 anyway, so that is a big piece of the pie right there. Plus the $75K car had night vision $2100, and every other top notch option.

i hope they depreciate really well, else the newbies will have to consider theirselves raped!

Last weekend we went to an autoshow in Port St. Lucie and BMW had a black on black M5 - V10 - 500hp. Sticker----> 97k

The salesperson said top speed was 150 mph because it had a gov. on it. Now... if I were spending 97k for a vehicle there had better not be any gov. on it!

i think that if you're looking for a 5er that you don't want to mod, this would be the perfect car. however, for a lot less money and a few mods, i think a 535 would be the better, all-around car.

you have the same turbo tuning potential of that of the 335 and i believe you can get the m aero package. could be wrong on that one though.


speaking of which - aren't they redoing the m5's front bumper as well?

-mike

74k for a fully loaded 550 is a lot of money but not THAT much comapred to the M5. The 82k that they show on the website is a joke. With the basic must-have options it's way over 90k.

I just drove one of these. They rock. Exhaust is a lot louder and the thing just looks amazing in person. Feels faster then the 07 550 to me. :shifty

Ordering my 2008 535i next week.

You guys got money. To the Florida guy, check cfbmw.org.

Those wheels are HOT. But for $75k I'd have an Alpina

Can anyone tell me if this is a good deal or not?

Model Year
2008

Model Code / Desc.
0853 550i

Color Code / Desc.
A52 Space Gray Metallic

Upholstery Code / Desc.
LCSW Black Dakota Leather

Options:
Cold weather pkg
Sport pkg
Steptronic
comfort access
fold down rear seats
heated rear seats
nav
satellite radio
ipod and USB adapter
premium hifi

MSRP $70,545


Are the following negotiable:
bank fee?
money factor rate?
rent payment?

What is cap reduction?

Assuming 15K miles a year, does anyone have an idea of what a reasonable or good monthly payment would be?

I just want to know that I'm not getting ripped. Any help would be appreciated. Thanks!

But for $75k I'd have an Alpina
What Alpina? A new B7 is around $120,000.

Hey, if I wanted an awesome cruiser. I would be on that like white on rice :D (if i had the money of course)

What Alpina? A new B7 is around $120,000.

$115 to be exact. I'd get the B5

Can anyone tell me if this is a good deal or not?

Model Year
2008

Model Code / Desc.
0853 550i

Color Code / Desc.
A52 Space Gray Metallic

Upholstery Code / Desc.
LCSW Black Dakota Leather

Options:
Cold weather pkg
Sport pkg
Steptronic
comfort access
fold down rear seats
heated rear seats
nav
satellite radio
ipod and USB adapter
premium hifi

MSRP $70,545


Are the following negotiable:
bank fee?
money factor rate?
rent payment?

What is cap reduction?

Assuming 15K miles a year, does anyone have an idea of what a reasonable or good monthly payment would be?

I just want to know that I'm not getting ripped. Any help would be appreciated. Thanks!

I work for BMW I can get you a deal on a 550i, but you cannot neg. money factors, and fees, they are usually standard rates the dealerships use that come from BMW. I have 1 available right now:
Model Year 2008 https://www.dealerspeed.net/onlineordering/ooo/css/common/images/spacer.gifModel Code / Desc. 0853 550i https://www.dealerspeed.net/onlineordering/ooo/css/common/images/spacer.gifColor Code / Desc. 416 Carbon Black Metallic https://www.dealerspeed.net/onlineordering/ooo/css/common/images/spacer.gifUpholstery Code / Desc. LCSW Black Dakota Leather Options: ZCW - Cold Weather Package
ZSP - Sport Package
205 - STEPTRONIC automatic trans.
322 - Comfort Access System
609 - Navigation system
610 - Head-Up Display
655 - Satellite radio

Let me know if this interests you, and we can talk.

$115 to be exact. I'd get the B5The two on our lot are 121k and 122k.

The two on our lot are 121k and 122k.

Thats crazy. I think they hold their value pretty good no? Being so unique and all..

are you talking about B7's?

yes. sorry for the hijack

I have been looking at everything from a 335i (great motor) to a M5/6. I just looked at the pictures posted, called my local dealer who just happens to have this car in port (Carbon Black, Sport,blah, blah). It will be mine....in a week. Thanks for the pics, they just sold a car. (1st post)

You're welcome.

I just ordered my 535i last Thurs. it will go into production in July, and I should get it late July early August. I got just about every option except Night Vision and Active Cruise Control.

Can anyone tell me if this is a good deal or not?

Model Year
2008

Model Code / Desc.
0853 550i

Color Code / Desc.
A52 Space Gray Metallic

Upholstery Code / Desc.
LCSW Black Dakota Leather

Options:
Cold weather pkg
Sport pkg
Steptronic
comfort access
fold down rear seats
heated rear seats
nav
satellite radio
ipod and USB adapter
premium hifi

MSRP $70,545


Are the following negotiable:
bank fee?
money factor rate?
rent payment?

What is cap reduction?

Assuming 15K miles a year, does anyone have an idea of what a reasonable or good monthly payment would be?

I just want to know that I'm not getting ripped. Any help would be appreciated. Thanks!

You guys should look into joining Costco. There is an autobuying program that doesn't require any extra cost. I went to the dealer and was quoted 2500 over invoice on a 550i and 2300 over invoice on a 535i. For a $72K 550i, the selling price was just over $67K. Just sharing what I found out this week.

Pics of the 2008 Carbon Black 550i. Enjoy:redspot

i love those rims.

i think that if you're looking for a 5er that you don't want to mod, this would be the perfect car. however, for a lot less money and a few mods, i think a 535 would be the better, all-around car.

you have the same turbo tuning potential of that of the 335 and i believe you can get the m aero package. could be wrong on that one though.

-mike

I agree 100%.

The 535i is def a consideration for my next car. I love the N54 motor. I hope to put an order in through European Delivery but for next year so to go along with our European vacation.

I agree 100%.

The 535i is def a consideration for my next car. I love the N54 motor. I hope to put an order in through European Delivery but for next year so to go along with our European vacation.

ED is the way to go. There is really no other way to spend your vacation there

74K is a lotta cake!

that's why you wait 2 or 3 years and let the depreciation kick in :buttrock

lol

I want one

I'd buy a 530 and throw them wheels on FTW!

The '08 550i is on point! I just got an '06 530i last week, that I think is the most gorgeous thing I've seen, but when I stopped at the dealer today and saw the 550i they had, it made me want one. No, I still think mine is fresh to def, but the 550i is definately no joke.

550i is what the 750 should be lean and mean. Not to take anything from the 750i with the sport package, but it's not the same.

Sorry all I have are camera phone pics, but here they are, and the car was delivered today.

niceee. We haven't gotten our yet, but any day now

550i is what the 750 should be lean and mean. Not to take anything from the 750i with the sport package, but it's not the same.

I can't see a 7 series being lean at all.. haha

HOTT!! Enjoy

Got it, love it.

My ordered got bumped car went into production Monday- 535i Space Gray over Black, but I got bad news yesterday from the BMW Port, they are currently not yet installing Aero kits on any 08 5's. The 550i comes with it from Germany, but the rest get em installed at the port, and they said so far they are not putting them on yet. If I would have know that, I woulda got a 550

Dam! that 550i is smoking hot! that's the true bad boy ride!

Can anyone tell me if this is a good deal or not?

Model Year
2008

Model Code / Desc.
0853 550i

Color Code / Desc.
A52 Space Gray Metallic

Upholstery Code / Desc.
LCSW Black Dakota Leather

Options:
Cold weather pkg
Sport pkg
Steptronic
comfort access
fold down rear seats
heated rear seats
nav
satellite radio
ipod and USB adapter
premium hifi

MSRP $70,545


Are the following negotiable:
bank fee?
money factor rate?
rent payment?

What is cap reduction?

Assuming 15K miles a year, does anyone have an idea of what a reasonable or good monthly payment would be?

I just want to know that I'm not getting ripped. Any help would be appreciated. Thanks!


Re: money factors, fees, etc.

Seldom are these negotiable if they're preset by the factory as a special lease plan(however if less mileage is driven, you can negotiate). If they're not a promotional lease, you should be able to negotiate based on a few factors; mileage driven per year (less miles == better (lower) money factor, more mileage == higher money factor), longer terms (48 vs. 36 months) good credit score or capital reduction, or time frame.

Money factor can be converted to interest by multiplying the money factor by 2400. For example if the money factor is .00250, multiply it by 2400 and you get 6%; conversely, 6% divided by 2400 == .00250; the lower the money factor, the lower the interest.

Capital reduction is any money that reduces the negotiated price of the car; additional down payment, trade-in credit, or factory rebates.

HTH,
M

Oh man...those 550's are hot!

I've never seen the M Aero kit on a car before. Looks good. Can I get that at the dealer (installed and painted too)?

With 550's you can order the car with it, for all other models you have to wait its not available yet, at least for 08 models.

So what the verdict on 535i vs. 550i?

My 535i will be here in 2.5 weeks.

Test drove both the 535i and the 550i... ended up with the 550i because there is just no replacement for displacement.

Can anyone tell me if this is a good deal or not?

Model Year
2008

Model Code / Desc.
0853 550i

Color Code / Desc.
A52 Space Gray Metallic

Upholstery Code / Desc.
LCSW Black Dakota Leather

Options:
Cold weather pkg
Sport pkg
Steptronic
comfort access
fold down rear seats
heated rear seats
nav
satellite radio
ipod and USB adapter
premium hifi

MSRP $70,545


Are the following negotiable:
bank fee?
money factor rate?
rent payment?

What is cap reduction?

Assuming 15K miles a year, does anyone have an idea of what a reasonable or good monthly payment would be?

I just want to know that I'm not getting ripped. Any help would be appreciated. Thanks!
hi there..love your car.. i got the same almost to a T.. the sticker on my 08' 550i in alpine white loaded is $71, 545.00 and i paid my taxes upfront, first payment, and not sure about security.. i think we argued and they waved it? not too sure about that but my payment is $990.. WHHEEWWWW.. it pains me to say that..but its the best damm money we ever spent on a car.. im in new york.. leased from n.j.. but theres your "idea" of what itll cost.. hope you can swallow it..lol

Why is the 550i $10-$15K more than the 535i, beyond the V-8 engine? If you added teh aero kit when ordering the 535i wouldn't it be the same car except for th engine?