Looking at a 2018 X5 5.0 with M sport
36 month/15k miles
MSRP is $83,000 -
Rebates - $4500 - is this correct?
Selling price before rebates is $74,000.
$1100 due at signing
$6500 in MSDs
56% residual
$929 per month
Zip code - 07869
Hows it look? stuck between this car and a 540 m sport. Appreciate the feedback!
If you’re in the 900 range have a look at the M550i. It’s a beast if you want it to be, otherwise an amazing luxury machine. Might be some hefty discounts there next month. In any case, check it out before you commit to the 540i or X5 (totally different experience) for 36 mos
How so? It’s 11% off MSRP before rebates. Not sure I would call that a bad deal. The money factor sucks but that’s the case with any BMW and i’m rolling NJ tax and NJ luxury tax into payment. Only $1100 DAS which is first month and some DMV fees. Also has 15k miles a year. Most dealers won’t even touch that deal in NJ.
Last Dec I ordered my car at 76k and got 9500 off. I had 5k in incentives, MSD and 10k miles but imo that payment is to much for all the options it’s missing.
Find me someone getting a better deal on the 540 with same MSRP with only $1k in rebates. 11% off MSRP is pretty damn good from what I have seen on this forum and others. BMW is not giving dealers any support on them right now unless you currently own a BMW. I am waiting until 1st week of December to pull the trigger - hoping they increase incentives on 2018 models.
But from my perspective, 800 is a rock solid deal, in comparison to our 1000 dollar leases here in Maryland…and many BMW shoppers would be super glad to take that deal.
Also 6% MD tax, and they way our leases are taxed does not help. Also our leases are usually 12k and 15k a year for the most part, and not 7.5k or 10k, hence the price is higher. Most dealers here at BMW do not want to give good numbers beside a few, who need to make deals.