I am looking to lease 2019 BMW M550Xi.
What is the realistic % off MSRP this month (May 2019)
I have heard 11-12% off the new one is possible and over 15% would be possible on demo with less than 5k miles on it.
Did anyone lease the same vehicle pretty recently?
Iāve had BMW dealers in Dallas tell me to go fly a kite when I asked for double digits percent off a demo⦠Maybe I need to wait till later in the month.
Youāre asking the wrong dealer then. I had at least 3 dealer chomping at the bit for my business and offering 15%+ on first pencil. One came in at 18% and obviously gained my business once we worked the specifics out.
Key is to find a M550i loaner/demo to try it on. More likely though itāll be a new car and 8-10% is about as well as one can do unless you just happen to stumble upon a car with every option under the sun or a slow selling color.
Anyone have luck recently with an aggressive deal (~10% off range before incentives) in New England / NY-NJ area? Iām coming out of a 2016 550 that had a crazy residual (66%) and trying to find a replacement without huge bump in payment.
If you donāt want a bump in payment, check out the 540. The G30 540 is faster than the pre-LCI F10 550 and about as fast as the LCI 550 0-60mph. M550 is a whole other animal, but the F10 550 and G30 540 acceleration stats are very similar.
I was told that the M550ās are flying off the lot, why would they discount them 12%+?
Yea, I donāt buy the ātheyāre flying off the lotā comments. Buyers are shifting to SUVs across the board, sales numbers show that for all luxury brands. Also BMW puts their $$ and residual support where the metal ISNāT moving so Iād consider strong residual and lease/loyalty cash a sign that this car needs a boost. (The only model with equally strong programs is the 3GT and wagon which is about as dead as can be!) Inventories are definitely lower but the 550 has never been a volume model.
(Disclosure - itās been a while now but I spent many years in the biz with BMW so I wouldnāt say Iām the typical newbie around these parts)